The global outbreak of COVID-19 has resulted in massive, unprecedented impacts on the acetic acid market. During the early period of the epidemic, the blockade and production suspension measures led to shocks with a sharp drop in demand for acetic acid products across all sectors, so the total market value in 2020 is only reached 6.90 billion USD. But thanks to the new growth driver of demand for disinfectants to prevent the spread of corona virus, the global acetic acid market in 2021 recovered slightly, reaching $7.29 billion.