Acetic acid, also known as ethanoic acid, is a clear colourless liquid which has a pungent, vinegar-like odour. When it is pure (100% acetic acid) it is referred to as glacial acetic acid.

Acetic Acid market witnessed a demand around 11.9 million tons in 2020 and is anticipated to grow at a healthy CAGR of 4.83% until 2030