The Bio Acetic Acid Market is projected to grow from USD 233.3 million in 2023 at a CAGR of 5.8 percent, driven by increasing demand for sustainable chemicals, renewable alternatives to petrochemical acetic acid, and adoption across polymers, textiles, paints, and coatings, with Asia Pacific leading global adoption.
The Global Bio-Acetic Acid Market is expected to attain a valuation of USD 233.3 million in 2023, and it is projected to grow with a CAGR of 5.8% for the forecast period (2023 to 2032).
The growth in this market is the result of the rising demand for environmentally friendly, sustainable & suitable alternatives to earlier used petrochemical-based items. It works as a renewable substitute for petroleum-based acetic acid and finds its place in various applications such as solvents, textiles, and polymer production.
