Acetic Anhydride Market Research Report - Forecast to 2023

Global Acetic Anhydride Market By Application (Cigarette Filters, Coating Materials, Intermediate, Dyes, Flavors And Fragrance, Pesticides, Synthesizer, And Others), End-User (Pharmaceuticals, Textiles, Agrochemicals, Food And Beverages, And Others) And By Region Till 2023

ID: MRFR/CnM/4219-HCR | February 2021 | Region: Global | 140 pages

Acetic Anhydride Market is anticipated to grow at average CAGR during the forecast period 2017-2023.


Acetic anhydride is a colorless organic solvent with strong, pungent odor of vinegar and is widely used as a reagent in organic synthesis. Although, it has corrosive property to metals and tissue; it is extensively used as a wood preservative for producing long-lasting timber. The various applications of acetic anhydride include fibers, plastics, dyes, and pesticides. However, inhalation of acetic anhydride causes severe burns to skin and eyes and respiratory irritation.


Its major application is the conversion of cellulose to cellulose acetate, used as one of the components of photographic film and other coating materials. The rising demand for cellulose acetate flake drives the acetic anhydride market globally, which, in turn, increases the demand for filter tow applications in cigarettes. Increasing acetic anhydride demand from pharmaceutical industry as an intermediate is another factor boosting the global market growth. Growing generic health issues such as cold, fever, and body pain have increased the demand for paracetamol and aspirin-like drug, which is produced using acetic anhydride. Acetic anhydride is used for manufacturing tetraacetylethylenediamine (TAED), bleach activator in laundry detergents. It is also used as a solvent and is a key ingredient in the production of a pesticide like acephate and various other herbicides. The rising demand for acetic anhydride for various applications such as a polymer, resin, flavors, fragrance, and modified starch is further fuelling the market growth. Furthermore, the product is used to manufacture polytetramethylene ether glycol for producing spandex, a light-weight fiber, usually utilized for making swimwear & sportswear. However, the declining adoption of the product in the manufacturing of cellulose acetate is expected to restrict the market growth during the review period 2017-2023. The opportunities and technology include radiolabelling of proteins and viruses in vitro and for reaction calorimetry as a tool in process development, research, and safety analysis.


Global Acetic Anhydride Share, by application (%)


 Acetic Anhydride Share
Regional Analysis


The global acetic anhydride market is segmented into five regions of North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.


North America is the leading acetic anhydride market owing to the increasing demand for cellulose acetate and the pharmaceutical industry. North America is the largest producer of acetic anhydride accounting for major global market share due to the huge production of cellulose acetate for films and plastic products. The U.S is the major contributor to this regional market due to the presence of a large number of cellulose acetate producing companies. However, the stringent regulations from Government may restrict the market growth. For instance, the U.S, as per the UN’s lead implemented acetic anhydride regulation to reduce heroin availability, which is a necessary precursor to the heroin production in 11/1989. Moreover, the FDA states that the acetic anhydride in food starch.


Asia Pacific is anticipated to be the fastest growing region in the market during the review period. The increasing demand from various end-use industries such as pharmaceuticals, textiles, and polymers among others is likely to drive the market in this region. Countries such as China, Japan, and India are the major contributors to the market growth in this region. China is the largest acetic anhydride and cellulose acetate producer in this region due to the lower manufacturing and labor cost. India is expected to witness a significant market growth on account of the growing demand for textiles, pharmaceuticals, and polymers industries.


The rising demand for tetraacetylethylenediamine (TAED) for laundry market and cellulose acetate for cigarette market is likely to drive the acetic anhydride market in Europe during the forecast period. European countries such as Germany, U.K, Italy, and France are the major contributors to the market growth due to a huge demand for the product.


The Middle East & Africa is expected to witness a stable market growth owing to the increasing demand from pharmaceutical industries in the near future.


Segmentation


The global acetic anhydride market is segmented on the basis of its application, end-user, and region.


Based on the application, the global market is segmented into cigarette filter tows, intermediate, coating materials, dye, flavors & fragrance, pesticides, synthesizer, and others.


By end-user, the global market is segregated into pharmaceuticals, textiles, agrochemicals, food & beverages, and others.


Key Players


Some of the prominent manufacturers in the global acetic anhydride market are Celanese Corporation (U.S), BASF SE (Germany), Eastman Chemical Company (U.S), Jubilant Life Sciences Ltd. (India), DuPont (U.S), Merck KGaA (Germany), Bufa Chemikalien Gmbh & Co. KG (Germany), Daicel Corporation (Japan), Fischer Chemic (India), Hudson Chemical Corp (U.S), Mil-Spec Industries Corporation (U.S), Aldon Corporation (U.S), Laxmi Organic Industries Ltd. (India), Atanor SCA (Argentina), and Jiangsu Danhua Group Co. Ltd (China).


Intended Audience



  • Acetic anhydride Manufacturers

  • Traders and distributors of acetic anhydride

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Frequently Asked Questions (FAQ) :


Acetic anhydride is a colorless organic solvent that is a highly concentrated form of acetic acid with all water removed.

Acetic anhydride is majorly used as a reagent in organic synthesis, as well as in wood preservation applications to produce long-lasting timber.

The growing demand for cellulose acetate is the major driver for the acetic anhydride market.

North America is the leading regional market for acetic anhydride.

Leading players in the market include Celanese, BASF, and Eastman, among others.

TABLE OF CONTENTS
1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Acetic Anhydride Market

5 Industry Overview of the Global Acetic Anhydride Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Acetic Anhydride Market by Application

7.1 Introduction

7.2 Cigarette filters

7.2.1 Market Estimates & Forecast, 2016-2023

7.2.2 Market Estimates & Forecast by Region, 2016-2023

7.3 Coating material

7.3.1 Market Estimates & Forecast, 2016-2023

7.3.2 Market Estimates & Forecast by Region, 2016-2023

7.4 Chemical intermediate

7.4.1 Market Estimates & Forecast, 2016-2023

7.4.2 Market Estimates & Forecast by Region, 2016-2023

7.5 Dye

7.5.1 Market Estimates & Forecast, 2016-2023

7.5.2 Market Estimates & Forecast by Region, 2016-2023

7.6 Flavors & Fragrances

7.6.1 Market Estimates & Forecast, 2016-2023

7.6.2 Market Estimates & Forecast by Region, 2016-2023

7.7 Pesticides

7.7.1 Market Estimates & Forecast, 2016-2023

7.7.2 Market Estimates & Forecast by Region, 2016-2023

7.8 Synthesizer

7.8.1 Market Estimates & Forecast, 2016-2023

7.8.2 Market Estimates & Forecast by Region, 2016-2023

7.9 Others

7.9.1 Market Estimates & Forecast, 2016-2023

7.9.2 Market Estimates & Forecast by Region, 2016-2023
8. Global Acetic Anhydride Market by End-user

8.1 Introduction

8.2 Pharmaceuticals

8.2.1 Market Estimates & Forecast, 2016-2023

8.2.2 Market Estimates & Forecast by Region, 2016-2023

8.3 Textiles

8.3.1 Market Estimates & Forecast, 2016-2023

8.3.2 Market Estimates & Forecast by Region, 2016-2023

8.4 Agrochemicals

8.4.1 Market Estimates & Forecast, 2016-2023

8.4.2 Market Estimates & Forecast by Region, 2016-2023

8.5 Food & Beverages

8.5.1 Market Estimates & Forecast, 2016-2023

8.5.2 Market Estimates & Forecast by Region, 2016-2023

8.6 Others

8.6.1 Market Estimates & Forecast, 2016-2023

8.6.2 Market Estimates & Forecast by Region, 2016-2023
9. Global Acetic Anhydride Market by Region

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2016-2023

9.2.2 Market Estimates & Forecast by Application, 2016-2023

9.2.3 Market Estimates & Forecast by End-user, 2016-2023

9.2.4 U.S.

9.2.4.1 Market Estimates & Forecast, 2016-2023

9.2.4.2 Market Estimates & Forecast by Application, 2016-2023

9.2.4.3 Market Estimates & Forecast by End-user, 2016-2023

9.2.5 Canada

9.2.5.1 Market Estimates & Forecast, 2016-2023

9.2.5.2 Market Estimates & Forecast by Application, 2016-2023

9.2.5.3 Market Estimates & Forecast by End-user, 2016-2023

9.3 Europe

9.3.1 Market Estimates & Forecast, 2016-2023

9.3.2 Market Estimates & Forecast by Application, 2016-2023

9.3.3 Market Estimates & Forecast by End-user, 2016-2023

9.3.4 Germany

9.3.4.1 Market Estimates & Forecast, 2016-2023

9.3.4.2 Market Estimates & Forecast by Application, 2016-2023

9.3.4.3 Market Estimates & Forecast by End-user, 2016-2023

9.3.5. France

9.3.5.1 Market Estimates & Forecast, 2016-2023

9.3.5.2 Market Estimates & Forecast by Application, 2016-2023

9.3.5.3 Market Estimates & Forecast by End-user, 2016-2023

9.3.6 Italy

9.3.6.1 Market Estimates & Forecast, 2016-2023

9.3.6.2 Market Estimates & Forecast by Application, 2016-2023

9.3.6.3 Market Estimates & Forecast by End-user, 2016-2023

9.3.7 Spain

9.3.7.1 Market Estimates & Forecast, 2016-2023

9.3.7.2 Market Estimates & Forecast by Application, 2016-2023

9.3.7.3 Market Estimates & Forecast by End-user, 2016-2023

9.3.8 U.K

9.3.8.1 Market Estimates & Forecast, 2016-2023

9.3.8.2 Market Estimates & Forecast by Application, 2016-2023

9.3.8.3 Market Estimates & Forecast by End-user, 2016-2023

9.3.9 Russia

9.3.9.1 Market Estimates & Forecast, 2016-2023

9.3.9.2 Market Estimates & Forecast by Application, 2016-2023

9.3.9.3 Market Estimates & Forecast by End-user, 2016-2023

9.3.10 Poland

9.3.10.1 Market Estimates & Forecast, 2016-2023

9.3.10.2 Market Estimates & Forecast by Application, 2016-2023

9.3.10.3 Market Estimates & Forecast by End-user, 2016-2023

9.4 Asia Pacific

9.4.1 Market Estimates & Forecast, 2016-2023

9.4.2 Market Estimates & Forecast by Application, 2016-2023

9.4.3 Market Estimates & Forecast by End-user, 2016-2023

9.4.4 China

9.4.4.1 Market Estimates & Forecast, 2016-2023

9.4.4.2 Market Estimates & Forecast by Application, 2016-2023

9.4.4.3 Market Estimates & Forecast by End-user, 2016-2023

9.4.5 India

9.4.5.1 Market Estimates & Forecast, 2016-2023

9.4.5.2 Market Estimates & Forecast by Application, 2016-2023

9.4.5.3 Market Estimates & Forecast by End-user, 2016-2023

9.4.6 Japan

9.4.6.1 Market Estimates & Forecast, 2016-2023

9.4.6.2 Market Estimates & Forecast by Application, 2016-2023

9.4.6.3 Market Estimates & Forecast by End-user, 2016-2023

9.4.7 Australia

9.4.7.1 Market Estimates & Forecast, 2016-2023

9.4.7.2 Market Estimates & Forecast by Application, 2016-2023

9.4.7.3 Market Estimates & Forecast by End-user, 2016-2023

9.4.8 New Zealand

9.4.8.1 Market Estimates & Forecast, 2016-2023

9.4.8.2 Market Estimates & Forecast by Application, 2016-2023

9.4.8.3 Market Estimates & Forecast by End-user, 2016-2023

9.4.9 Rest of Asia Pacific

9.4.9.1 Market Estimates & Forecast, 2016-2023

9.4.9.2 Market Estimates & Forecast by Application, 2016-2023

9.4.9.3 Market Estimates & Forecast by End-user, 2016-2023

9.5 Middle East & Africa

9.5.1 Market Estimates & Forecast, 2016-2023

9.5.2 Market Estimates & Forecast by Application, 2016-2023

9.5.3 Market Estimates & Forecast by End-user, 2016-2023

9.5.4 Turkey

9.5.4.1 Market Estimates & Forecast, 2016-2023

9.5.4.2 Market Estimates & Forecast by Application, 2016-2023

9.5.4.3 Market Estimates & Forecast by End-user, 2016-2023

9.5.5 Israel

9.5.5.1 Market Estimates & Forecast, 2016-2023

9.5.5.2 Market Estimates & Forecast by Application, 2016-2023

9.5.5.3 Market Estimates & Forecast by End-user, 2016-2023

9.5.6 North Africa

9.5.6.1 Market Estimates & Forecast, 2016-2023

9.5.6.2 Market Estimates & Forecast by Application, 2016-2023

9.5.6.3 Market Estimates & Forecast by End-user, 2016-2023

9.5.7 GCC

9.5.7.1 Market Estimates & Forecast, 2016-2023

9.5.7.2 Market Estimates & Forecast by Application, 2016-2023

9.5.7.3 Market Estimates & Forecast by End-user, 2016-2023

9.5.8 Rest of Middle East & Africa

9.5.8.1 Market Estimates & Forecast, 2016-2023

9.5.8.2 Market Estimates & Forecast by Application, 2016-2023

9.5.8.3 Market Estimates & Forecast by End-user, 2016-2023

9.6 Latin America

9.6.1 Market Estimates & Forecast, 2016-2023

9.6.2 Market Estimates & Forecast by Application, 2016-2023

9.6.3 Market Estimates & Forecast by End-user, 2016-2023

9.6.4 Brazil

9.6.4.1 Market Estimates & Forecast, 2016-2023

9.6.4.2 Market Estimates & Forecast by Application, 2016-2023

9.6.4.3 Market Estimates & Forecast by End-user, 2016-2023

9.6.5 Argentina

9.6.5.1 Market Estimates & Forecast, 2016-2023

9.6.5.2 Market Estimates & Forecast by Application, 2016-2023

9.6.5.3 Market Estimates & Forecast by End-user, 2016-2023

9.6.6 Mexico

9.6.6.1 Market Estimates & Forecast, 2016-2023

9.6.6.2 Market Estimates & Forecast by Application, 2016-2023

9.6.6.3 Market Estimates & Forecast by End-user, 2016-2023

9.6.7 Rest of Latin America

9.6.7.1 Market Estimates & Forecast, 2016-2023

9.6.7.2 Market Estimates & Forecast by Application, 2016-2023

9.6.7.3 Market Estimates & Forecast by End-user, 2016-2023

10. Company Landscape

11. Company Profiles

11.1 Celanese Corporation

11.1.1 Company Overview

11.1.2 Application/Business Segment Overview

11.1.3 Financial Updates

11.1.4 Key Developments

11.2 BASF SE

11.2.1 Company Overview

11.2.2 Application/Business Segment Overview

11.2.3 Financial Updates

11.2.4 Key Developments

11.3 Eastman Chemical Company

11.3.1 Company Overview

11.3.2 Application/Business Segment Overview

11.3.3 Financial Updates

11.3.4 Key Developments

11.4 Jubilant Life Sciences Ltd.

11.4.1 Company Overview

11.4.2 Application/Business Segment Overview

11.4.3 Financial Updates

11.4.4 Key Developments

11.5 DuPont

11.5.1 Company Overview

11.5.2 Application/Business Segment Overview

11.5.3 Financial Updates

11.5.4 Key Developments

11.6 Merck KGaA

11.6.1 Company Overview

11.6.2 Application/Business Segment Overview

11.6.3 Financial Updates

11.6.4 Key Developments

11.7 Bufa Chemikalien Gmbh & Co. KG

11.7.1 Company Overview

11.7.2 Application/Business Segment Overview

11.7.3 Financial Updates

11.7.4 Key Developments

11.8 Daicel Corporation

11.8.1 Company Overview

11.8.2 Application/Business Segment Overview

11.8.3 Financial Updates

11.8.4 Key Developments

11.9 Fischer Chemic

11.9.1 Company Overview

11.9.2 Application/Business Segment Overview

11.9.3 Financial Updates

11.9.4 Key Developments

11.10 Hudson Chemical Corp

11.10.1 Company Overview

11.10.2 Application/Business Segment Overview

11.10.3 Financial Updates

11.10.4 Key Developments

11.11 Mil-Spec Industries Corporation

11.11.1 Company Overview

11.11.2 Application/Business Segment Overview

11.11.3 Financial Updates

11.11.4 Key Developments

11.12 Aldon Corporation

11.12.1 Company Overview

11.12.2 Application/Business Segment Overview

11.12.3 Financial Updates

11.12.4 Key Developments

11.13 Laxmi Organic Industries ltd.

11.13.1 Company Overview

11.13.2 Application/Business Segment Overview

11.13.3 Financial Updates

11.13.4 Key Developments

11.14 Atanor SCA

11.14.1 Company Overview

11.14.2 Application/Business Segment Overview

11.14.3 Financial Updates

11.14.4 Key Developments

11.15 Jiangsu Danhua Group Co. Ltd

11.15.1 Company Overview

11.15.2 Application/Business Segment Overview

11.15.3 Financial Updates

11.15.4 Key Developments
12. Conclusion
LIST OF TABLES
Table 1 World Population by Major Regions (2016 To 2030)

Table 2 Global Acetic Anhydride Market: By Region, 2016-2023

Table 3 North America Acetic Anhydride Market: By Country, 2016-2023

Table 4 Europe Acetic Anhydride Market: By Country, 2016-2023

Table 5 Asia-Pacific Acetic Anhydride Market: By Country, 2016-2023

Table 7 Middle East & Africa Acetic Anhydride Market: By Country, 2016-2023

Table 6 Latin America Acetic Anhydride Market: By Country, 2016-2023

Table 8 Global Acetic Anhydride by Applications Market: By Regions, 2016-2023

Table 9 North America Acetic Anhydride by Applications Market: By Country, 2016-2023

Table 10 Europe Acetic Anhydride by Applications Market: By Country, 2016-2023

Table11 Asia-Pacific Acetic Anhydride by Applications Market: By Country, 2016-2023

Table13 Middle East & Africa Acetic Anhydride by Applications Market: By Country, 2016-2023

Table12 Latin America Acetic Anhydride by Applications Market: By Country, 2016-2023

Table14 North America Acetic Anhydride for End-user Market: By Country, 2016-2023

Table13 Europe Acetic Anhydride for End-user Market: By Country, 2016-2023

Table14 Asia-Pacific Acetic Anhydride for End-user Market: By Country, 2016-2023

Table16 Middle East & Africa Acetic Anhydride for End-user Market: By Country, 2016-2023

Table15 Latin America Acetic Anhydride for End-user Market: By Country, 2016-2023

Table23 Global Applications Market: By Region, 2016-2023

Table24 Global End-user Market: By Region, 2016-2023

Table25 North America Acetic Anhydride Market, By Country

Table26 North America Acetic Anhydride Market, By Applications

Table27 North America Acetic Anhydride Market, By End-user

Table28 Europe: Acetic Anhydride Market, By Country

Table29 Europe: Acetic Anhydride Market, By Applications

Table30 Europe: Acetic Anhydride Market, By End-user

Table31 Asia-Pacific: Acetic Anhydride Market, By Country

Table32 Asia-Pacific: Acetic Anhydride Market, By Applications

Table33 Asia-Pacific: Acetic Anhydride Market, By End-user

Table36 Middle East & Africa: Acetic Anhydride Market, By Country

Table37 Middle East & Africa Acetic Anhydride Market, By Applications

Table33 Middle East & Africa: Acetic Anhydride Market, By End-user

Table34 Latin America: Acetic Anhydride Market, By Country

Table35 Latin America Acetic Anhydride Market, By Applications

Table33 Latin America: Acetic Anhydride Market, By End-user
LIST OF FIGURES
FIGURE 1 Global Acetic Anhydride Market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis of Global Acetic Anhydride Market

FIGURE 4 Value Chain of Global Acetic Anhydride Market

FIGURE 5 Share of Global Acetic Anhydride Market in 2016, by country (in %)

FIGURE 6 Global Acetic Anhydride Market, 2016-2023,

FIGURE 7 Sub segments of Application

FIGURE 8 Global Acetic Anhydride Market size by Application, 2016

FIGURE 9 Share of Global Acetic Anhydride Market by Application, 2016 to 2023

FIGURE 10 Sub segments of End-user

FIGURE 11 Global Acetic Anhydride Market size by End-user, 2016

FIGURE 12 Share of Global Acetic Anhydride Market by End-user, 2016 to 2023