Acetic Anhydride Market Report by End-Use (Cellulose Acetate, Pharmaceuticals, Tetraacetylethylenediamine, and Others), and Region 2024-2032
The global acetic anhydride market size reached US$ 3.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.8 Billion by 2032, exhibiting a growth rate (CAGR) of 2.6% during 2024-2032.
Acetic anhydride is a transparent, colourless liquid with a strong pungent smell very similar to acetic acid from which it is synthesised. Acetic anhydride is an important reagent in organic synthesis of a number of chemicals. It is used in the manufacturing process of products ranging from cellulose acetate and aspirin to perfumes and wood preservatives. The report provides a comprehensive insight into the industry including its market breakup by region, market breakup by end-use, value chain analysis, import and export trends, key players and market outlook. The report also gives an in-sight into the manufacturing process of acetic anhydride, covering key success and risk factors for manufacturers, manufacturing process flow, the reactions involved, raw materials and their requirements, etc.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global acetic anhydride market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on end-use.
Breakup by End-Use:
Cellulose Acetate
Pharmaceuticals
Tetraacetylethylenediamine
Others
The report has segmented the global acetic anhydride market based on its end-use in various industries. The cellulose acetate flake manufacturing industry accounts for the majority of acetic anhydride consumption. Cellulose acetate flake is mainly used in the manufacturing of cigarette. In the pharmaceuticals industry, acetic anhydride is mainly used for manufacturing aspirin. Other applications of acetic anhydride include- the manufacturing of polymers/resins, dyes, flavours, fragrances, etc.
Breakup by Region:
China
North America
Western Europe
North East Asia
South East Asia
Middle East & Africa
Eastern Europe
The report has further segmented the global acetic anhydride market on the basis of its key regions. The report finds that North America currently represents the world’s biggest producer of acetic anhydride accounting for more than a third of the total global production.
Major Key Players:
The report has also analysed the key players which are currently operating in the global acetic anhydride market. Some of the companies analysed in the report include
Celanese
BP Chemicals
Eastman Chemical Company
BASF
Jubilant Life Sciences
DuPont
SABIC
PetroChina Ltd.
Sasol Limited
Daicel
Sipchem
Rhodia
Key Questions Answered in This Report
1. What is the market size for the global acetic anhydride market?
2. What is the global acetic anhydride market growth?
3. What are the global acetic anhydride market drivers?
4. What are the key industry trends in the global acetic anhydride market?
5. What is the impact of COVID-19 on the global acetic anhydride market?
6. What is the global acetic anhydride market breakup by end-use?
7. What are the major regions in the global acetic anhydride market?
8. Who are the key companies/players in the global acetic anhydride market?
- 1 Preface
- 2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Physical and Chemical Properties
- 4.3 Key Industry Trends
- 5 Global Acetic Anhydride Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trends
- 5.3 Impact of COVID-19
- 5.4 Price Trends
- 5.5 Market Breakup by Region
- 5.6 Market Breakup by End-Use
- 5.7 Market Forecast
- 5.8 SWOT Analysis
- 5.8.1 Overview
- 5.8.2 Strengths
- 5.8.3 Weaknesses
- 5.8.4 Opportunities
- 5.8.5 Threats
- 5.9 Value Chain Analysis
- 5.9.1 Raw Material Procurement
- 5.9.2 Manufacturing
- 5.9.3 Distribution
- 5.9.4 Exports
- 5.9.5 End-Use
- 5.10 Porter’s Five Forces Analysis
- 5.10.1 Overview
- 5.10.2 Bargaining Power of Buyers
- 5.10.3 Bargaining Power of Suppliers
- 5.10.4 Degree of Competition
- 5.10.5 Threat of New Entrants
- 5.10.6 Threat of Substitutes
- 5.11 Trade Data
- 5.11.1 Imports
- 5.11.2 Exports
- 5.12 Key Market Drivers and Success Factors
- 6 Performance of Key Regions
- 6.1 China
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 North America
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Western Europe
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 North East Asia
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 South East Asia
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Middle East & Africa
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
- 6.7 Eastern Europe
- 6.7.1 Market Trends
- 6.7.2 Market Forecast
- 7 Market Breakup by End-Use
- 7.1 Cellulose Acetate
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Pharmaceuticals
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Tetraacetylethylenediamine
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 8 Competitive Landscape
- 9 Acetic Anhydride Manufacturing Process
- 9.1 Product Overview
- 9.2 Chemical Reactions Involved
- 9.3 Detailed Process Flow
- 9.4 Raw Material Requirements
- 9.5 Mass Balance and Feedstock Conversion Rates
- 10 Acetic Anhydride: Feedstock Analysis
- 10.1 Market Performance
- 10.1.1 Volume Trends
- 10.1.2 Value Trends
- 10.2 Price Trends
- 10.3 Market Breakup by Region
- 10.4 Market Breakup by End-Use
- 10.5 Key Suppliers
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