Acetoacetanilide Market Size was valued at USD 4.5 Billion in 2022. The Acetoacetanilide industry is projected to grow from USD 4.75 Billion in 2023 to USD 7.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.00% during the forecast period (2023 - 2032).
Acetoacetanilide is an organic white solid compound with the chemical formula CH3C(O)CH2C(O)NHC6H5. It is also known by various names such as 3-oxo-n-phenyl butanamide, acetylacetanilide, acetoacetylaminobenzene, beta-ketobutyranilide, n-phenylacetoacetamide, N-phenyl-3-oxobutanamide, AAA, AAN. Acetoacetanilide is a derivative of aromatic amine. It is soluble in a number of solvents like sodium hydroxide, ether, ethanol, chloroform, hot benzene and caustic soda solution while it is insoluble in water. Acetoacetanilide is produced by acetoacetylation of aniline using diketene. Furthermore, acetoacetanilide is used during the production of
, paints & coating, dyes & pigments, co-promoters for unsaturated polyesters, and others. Acetoacetanilide has found its use in numerous industries such as agriculture, pharmaceutical, plastic, paint & coatings, and others. Increasing in demand of agriculture industry is likely to drive the acetoacetanilide market growth. The growing paint & coating industry on account of developing domestic as well as commercial market particularly in Asia Pacific and Europe has boosted the global acetoacetanilide market over the forecasted period.
Regional Analysis Asia Pacific is the biggest market of acetoacetanilide due to huge utilization in paint & coating industry, especially in China followed by India. Growing demand for agriculture, pharmaceutical, plastic, paint & coatings, and other industries in China, India, Japan, Taiwan, and South Korea has made Asia Pacific the largest competitor in the global acetoacetanilide market followed by Europe owing to the increasing demand for this product. In Europe, acetoacetanilide market is driven by pharmaceutical and agriculture industries. Additionally, the third largest market of acetoacetanilide is North America due to large utilization in copromoter, pesticides, pigments, and others applications. Moreover, Latin America and Middle East are also observing the growth of acetoacetanilide market due to various industry such as agriculture, pharmaceutical, plastic, paint & coatings, and others.Key players of the global acetoacetanilide market are
Segmentation The global acetoacetanilide market is majorly segmented on the basis of form, application, end users and region. Based on form of the product, acetoacetanilidethe market is segmented into dry powder, wet solid, and others. Based on application of acetoacetanilidethe market is segmented into copromoter, pesticides, pigments, and others. On the other hand, based on end user the market segmented into agriculture, pharmaceutical, plastic, paint & coatings, and others, and based on region, market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.
Geographical Analysis The report covers brief analysis of geographical regions such as North America, Europe, APAC, and Latin America, Middle East & Africa.
Intended Audience
The report about Global Acetoacetanilide Market by Market Research Future comprises of extensive primary research along with detailed analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain deeper insights of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detailed information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions
| Attribute/Metric | Details |
| Market Size | 2032 : USD 7.3 Billion |
| CAGR | 5.00% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Type, Application and End-Use |
| Geographies Covered | Asia Pacific, North America, and Europe, America and Middle East & Africa |
| Key Vendors | Eastman Chemical Company (US), Mitsuboshi Chemical Co.,Ltd. (Japan), Nantong Acetic Acid Chemical Co. ltd (China), Jiangyan Yangtze River Chemical Co., Ltd. (China), Jiangsu Tiancheng Biochemical Products Co.,Ltd. (China), Cangzhou Goldlion Chemicals Co.,Ltd (China), Jiangsu Changyu Chemical Co., Ltd. (China), Hangzhou Dayangchem Co.Limited (China), Jiaozhou Fine Chemicals Co. Ltd. (China), Laxmi Organic Industries Ltd (India) |
| Key Market Opportunities | Furthermore, acetoacetanilide is used during the production of agrochemicals, paints & coating, dyes & pigments, co-promoters for unsaturated polyesters, and others. |
| Key Market Drivers | Increasing in demand of agriculture industry is likely to drive the acetoacetanilide market growth. |
Acetoacetanilide Market Highlights:
Frequently Asked Questions (FAQ) :
Acetoacetanilide is an organic, white, solid compound with the chemical formula CH3C(O)CH2C(O)NHC6H5.
Acetoacetanilide is a derivative of aromatic amine.
Increasing demand in the agriculture industry and paints and coatings industry is the major driver for the acetoacetanilide market.
Asia Pacific holds the largest share in the global acetoacetanilide market.
Leading players in the market include Jiangsu Tiancheng, Mitsubishi, and Eastman, among others.
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Team Lead - Research Anshula mandaokar holds an academic degree in chemical engineering and has been contributing to the field for more than 5 years. she has expertise in market research and business consulting and serves as a team lead for a reputed market research firm under the chemicals and materials domain spectrum. she has worked on multiple projects, generating explicit results in a quick turnaround time. her understanding of data interpretation justifies her role as a leader.
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