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Acetate Salt Market: By Product Type, By End-user Industry ), and Region Forecast 2019-2030
Acetate Salt Market: By Product Type, By End-user Industry ), and Region Forecast 2019-2030
Acetate Salt Market size was valued at US$ 1.3 billion in 2023 and is poised to grow at a significant CAGR of 1.8% from 2024 - 2030. The main applications of acetate salts include pH control, crystallization assistance, catalysts, and reagents. These salts are combined with acetic acid to create a pH buffering solution that controls the pH of moderately acidic foods. Also, to preserve processed meat and fish, acetate salts are widely used in the food sector as pH buffering agents. Sodium acetate is most frequently found among packaged foods, salad dressings, sauces, and ready-to-eat meals. The need for food, chemicals, and building materials is driving growth in the acetate salt industry globally. In the textile sector, sulfuric acid is neutralized using it, and it protects concrete structures worldwide from the water.
Study Period
2024-2030Base Year
2023CAGR
1.8%Largest Market
North AmericaFastest Growing Market
Europe
Growing water treatment applications, as well as the pharmaceutical and biotechnology industries, are fueling the worldwide acetate salt market's expansion. The market is driven by rising R&D spending and demand for protein-based medicines. Due to the rapidly expanding industrial economies in Asia-Pacific, the Middle East and Africa, and Latin America, the company producing acetate salt has a very high opportunity there. However, the need for acetate salt is constrained by the accessibility of replacements for similar applications.
The acetate salt market in North America is likely to hold a significant revenue share in 2021, and, in the following years, it is predicted to increase rapidly. North America has the most significant market for acetate salt due to its highly developed pharmaceutical industry and the region's widespread use of excellent water treatment products. Additionally, the area's high consumption of frozen and canned foods is a considerable element propelling the expansion of the acetate salt industry in North American region. Also, Europe region dominates the acetate salts market in terms of consumption, due to the growing uses in the meat processing and ready-to-eat food industries. Manufacturers of acetate salt find the markets in Germany, France, and Spain lucrative. Demand for acetate salts is further increased by strict food rules put in place by food regulatory organizations.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 1.3 billion |
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Market CAGR |
1.8% |
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By Product Type |
|
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By End User |
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By Region |
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The acetate salt market size was valued at US$ 1.3 billion in 2023 and is set to grow at a significant CAGR of 1.8% from 2024-2030.
Alfa Aesar, Macco organiques Inc, Allan Chemical Corporation, M. Loveridge Ltd., Nithyasri Chemicals
North America is the fastest-growing region in the market
| 1. Executive Summary |
| 2. Global Acetate Salt Market Introduction |
| 2.1.Global Acetate Salt Market - Taxonomy |
| 2.2.Global Acetate Salt Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2. End User |
| 2.2.3.Region |
| 3. Global Acetate Salt Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Acetate Salt Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Acetate Salt Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Sodium Acetate |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Calcium Acetate |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Zinc Acetate |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Potassium Acetate |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Acetate Salt Market By End User , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Pharmaceutical |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Food Processing |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Water Treatment |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Petrochemical |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Cosmetic |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Others (Construction and Textile industries) |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Global Acetate Salt Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. North America Acetate Salt Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Sodium Acetate |
| 8.1.2.Calcium Acetate |
| 8.1.3.Zinc Acetate |
| 8.1.4.Potassium Acetate |
| 8.1.5.Others |
| 8.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Pharmaceutical |
| 8.2.2.Food Processing |
| 8.2.3.Water Treatment |
| 8.2.4.Petrochemical |
| 8.2.5.Cosmetic |
| 8.2.6.Others (Construction and Textile industries) |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9. Europe Acetate Salt Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Sodium Acetate |
| 9.1.2.Calcium Acetate |
| 9.1.3.Zinc Acetate |
| 9.1.4.Potassium Acetate |
| 9.1.5.Others |
| 9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Pharmaceutical |
| 9.2.2.Food Processing |
| 9.2.3.Water Treatment |
| 9.2.4.Petrochemical |
| 9.2.5.Cosmetic |
| 9.2.6.Others (Construction and Textile industries) |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10. Asia Pacific (APAC) Acetate Salt Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Sodium Acetate |
| 10.1.2.Calcium Acetate |
| 10.1.3.Zinc Acetate |
| 10.1.4.Potassium Acetate |
| 10.1.5.Others |
| 10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Pharmaceutical |
| 10.2.2.Food Processing |
| 10.2.3.Water Treatment |
| 10.2.4.Petrochemical |
| 10.2.5.Cosmetic |
| 10.2.6.Others (Construction and Textile industries) |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11. Middle East and Africa (MEA) Acetate Salt Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Sodium Acetate |
| 11.1.2.Calcium Acetate |
| 11.1.3.Zinc Acetate |
| 11.1.4.Potassium Acetate |
| 11.1.5.Others |
| 11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Pharmaceutical |
| 11.2.2.Food Processing |
| 11.2.3.Water Treatment |
| 11.2.4.Petrochemical |
| 11.2.5.Cosmetic |
| 11.2.6.Others (Construction and Textile industries) |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12. Latin America Acetate Salt Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Sodium Acetate |
| 12.1.2.Calcium Acetate |
| 12.1.3.Zinc Acetate |
| 12.1.4.Potassium Acetate |
| 12.1.5.Others |
| 12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Pharmaceutical |
| 12.2.2.Food Processing |
| 12.2.3.Water Treatment |
| 12.2.4.Petrochemical |
| 12.2.5.Cosmetic |
| 12.2.6.Others (Construction and Textile industries) |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Jost Chemicals |
| 13.2.2.Shepherd Chemical Company |
| 13.2.3.Wuxi Yangshan Biochemical |
| 13.2.4.Chang Shu Nan Hu Chemical Co., Ltd. |
| 13.2.5.Karn Chem Corporation |
| 13.2.6.Nantong Zhongwang Additives Co., Ltd |
| 13.2.7.Niacet Corporation |
| 13.2.8.Shanxi FanRongFu Chemical Factory |
| 13.2.9.CABB GmbH |
| 13.2.10.FRP Services & Company |
| 13.2.11.NOAH Technologies Corporation |
| 13.2.12.Allan Chemical Corporation |
| 13.2.13.DuPont |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.