Global Anhydrides Market Growth 2023-2029

Global Anhydrides Market Growth 2023-2029

Anhydride is an organic functional group which has two acyl groups attached with the oxygen atom. The formula of the anhydride is shown as (RC (O)) 2O. Anhydrides are prepared by various process but anhydride is mainly produced by the carbonylation of acetate such as maleic anhydride is produced by the oxidation of benzene or butane. Presently, anhydride available in several types such as acetic anhydride, maleic anhydride, isobutyric anhydride, propionic anhydride, phthalic anhydride, isatoic acid anhydride, and others.

LPI (LP Information)' newest research report, the “Anhydrides Industry Forecast” looks at past sales and reviews total world Anhydrides sales in 2022, providing a comprehensive analysis by region and market sector of projected Anhydrides sales for 2023 through 2029. With Anhydrides sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Anhydrides industry.

This Insight Report provides a comprehensive analysis of the global Anhydrides landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Anhydrides portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Anhydrides market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Anhydrides and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Anhydrides.

The global Anhydrides market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Wide applications of anhydrides for production of dyes, surface active agents, lubricant additives, organic flame retardant materials, esters, flavors & fragrances are increasing the demand for anhydrides across several industry verticals. Moreover, huge demand for anhydrides for manufacturing of polymeric materials, pharmaceuticals and agrochemicals are also propelling the growth of anhydrides market across the globe. Leading market players are investing in acquisitions and product innovations to diversify their portfolio and to expand their business across the globe. 

This report presents a comprehensive overview, market shares, and growth opportunities of Anhydrides market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Acetic Anhydride
Maleic Anhydride
Isobutyric Anhydride
Propionic Anhydride
Phthalic Anhydride
Isatoic Acid Anhydride
Others

Segmentation by application
Pesticides
Plasticizer
Dye & Pigments
Additives
Flavors
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Huntsman International
Laxness
BASF
Celanese Corporation
DuPont
Eastman
Solvay

Key Questions Addressed in this Report

What is the 10-year outlook for the global Anhydrides market?

What factors are driving Anhydrides market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Anhydrides market opportunities vary by end market size?

How does Anhydrides break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.