| Product Code: ETC5347309 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Hong Kong`s acetic acid import market in 2024 continued to showcase significant concentration, with top exporters being South Korea, Taiwan, Belgium, UK, and Thailand. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 8.39%, while the growth rate from 2023 to 2024 spiked at 13.64%. These trends suggest a thriving market with notable contributions from key exporting countries, driving growth and competitiveness in the industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Acetic Acid Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Acetic Acid Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Acetic Acid Market - Industry Life Cycle |
3.4 Hong Kong Acetic Acid Market - Porter's Five Forces |
3.5 Hong Kong Acetic Acid Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Acetic Acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from industries such as textiles, plastics, and food processing |
4.2.2 Increasing adoption of acetic acid in the pharmaceutical sector for manufacturing drugs and medicines |
4.2.3 Favorable government regulations promoting the use of acetic acid in various applications |
4.3 Market Restraints |
4.3.1 Volatile raw material prices impacting the production cost of acetic acid |
4.3.2 Presence of substitutes such as citric acid and formic acid affecting market growth |
4.3.3 Environmental concerns related to acetic acid production and disposal |
5 Hong Kong Acetic Acid Market Trends |
6 Hong Kong Acetic Acid Market Segmentations |
6.1 Hong Kong Acetic Acid Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Acetic Acid Market Revenues & Volume, By Vinyl Acetate Monomer, 2021-2031F |
6.1.3 Hong Kong Acetic Acid Market Revenues & Volume, By Acetic Anhydride, 2021-2031F |
6.1.4 Hong Kong Acetic Acid Market Revenues & Volume, By Acetate Esters, 2021-2031F |
6.1.5 Hong Kong Acetic Acid Market Revenues & Volume, By Purified Terephthalic Acid, 2021-2031F |
6.1.6 Hong Kong Acetic Acid Market Revenues & Volume, By Ethanol, 2021-2031F |
6.1.7 Hong Kong Acetic Acid Market Revenues & Volume, By Others, 2021-2031F |
7 Hong Kong Acetic Acid Market Import-Export Trade Statistics |
7.1 Hong Kong Acetic Acid Market Export to Major Countries |
7.2 Hong Kong Acetic Acid Market Imports from Major Countries |
8 Hong Kong Acetic Acid Market Key Performance Indicators |
8.1 Average selling price of acetic acid in the Hong Kong market |
8.2 Capacity utilization rate of acetic acid production facilities |
8.3 Number of new product developments or innovations in the acetic acid market in Hong Kong |
9 Hong Kong Acetic Acid Market - Opportunity Assessment |
9.1 Hong Kong Acetic Acid Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Acetic Acid Market - Competitive Landscape |
10.1 Hong Kong Acetic Acid Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Acetic Acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |