Get more information about the market: https://www.imarcgroup.com/acetic-anhydride-market-report
The global acetic anhydride market size was US$ 5.4 Billion in 2018, growing at a CAGR of 6.7% during 2011-2018. On account of the aforementioned factors, the market is anticipated to reach US$ 7.7 Billion by 2024, expanding at a CAGR of nearly 6% during 2019-2024.
Want more information about this market? Request a free report sample: https://www.imarcgroup.com/acetic-anhydride-market-report/requestsample
For India market research reports, visit: http://www.marketresearchindia.co.in
Browse Related Report
Acetic Acid Market Report: https://www.imarcgroup.com/acetic-acid-glacial-technical-material-market-report
Malic Acid Market Report: https://www.imarcgroup.com/malic-acid-technical-material-market-report
Contact Us
IMARC Group
James Smith
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800 | https://www.imarcgroup.com
Americas :- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331
Linkedin: https://www.linkedin.com/company/imarc-group
2. Report DescriptionAbout IMARC Group
The International Market Analysis Research and Consulting Group is a leading adviser on
management strategy and market research worldwide. We partner with clients in all sectors
and regions to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our
clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.
3. Report DescriptionReport Description and Highlights
Global Acetic Anhydride Market Overview:
The latest report by IMARC Group, titled “Acetic Anhydride Market: Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast 2019-2024”, finds that the global acetic anhydride market size
was US$ 5.4 Billion in 2018, growing at a CAGR of 6.7% during 2011-2018. Acetic anhydride is a
colorless and transparent liquid chemical compound, with the chemical formula (CH3CO)zO. It is
characterized by a vinegar-like odor and is used for acetylation of alcohols or amines. A highly reactive,
combustible and toxic liquid, it is considered an important reagent in the organic synthesis of a number
of commercially available chemicals. Additionally, it is utilized as an esterification agent in the
preparation of modified food starch and for acetylation of monoglycerides. It is also widely used in the
manufacturing of cellulose acetate, Tetraacetylethylenediamine (TAED), aspirin (acetylsalicylic acid),
modified starches, pesticides, artificial sweeteners, perfumes and wood preservatives.
Acetic Anhydride Market Trends
Extensive application of acetic anhydride in the tobacco and pharmaceutical industries is the key factor
driving the market. In the tobacco industry, cellulose acetate, a resultant product of the combination of
cellulose and acetic anhydride, finds application in the production of cigarette filter tow.
4. Report DescriptionReport Description and Highlights
120.2
125.5 130.8 136.1 141.4 146.7 152.0 157.3
0
20
40
60
80
100
120
140
160
2011 2012 2013 2014 2015 2016 2017 2018
inBillionUS$
160.0 165.3 170.6 175.9 181.2 186.5
0
20
40
60
80
100
120
140
160
180
2019 2020 2021 2022 2023 2024
InBillionUS$
Filtered cigarettes reduce the amount of smoke, tar and other fine particles inhaled while smoking.
Furthermore, TAED is widely employed in the laundry and cleaning industry as a bleach activator,
which is providing a thrust to the market growth. On account of the aforementioned factors, the
market is anticipated to reach US$ 7.7 Billion by 2024, expanding at a CAGR of nearly 6% during 2019-
2024.
Request for a free sample report: https://www.imarcgroup.com/acetic-anhydride-market-
report/requestsample
5. Report DescriptionReport Description and Highlights
Owing to the increasing awareness regarding the ill effects of smoking, these cigarettes have emerged
as a preferable recourse. On the other hand, the pharmaceutical industry employs acetic anhydride in
the production of common medicines including aspirin, paracetamol and vitamins. Escalating
incidences of diseases across the globe along with a significant rise in the geriatric population have
been contributing significantly to the thriving pharmaceutical industry.
Key Market Segmentation:
Market Segmentation by End-Use
• Cellulose Acetate
• Pharmaceuticals
• Tetraacetylethylenediamine
• Others
On the basis of the end use, the market has been divided into cellulose acetate, pharmaceuticals, TAED
and others. At present, cellulose acetate accounts for the majority of the total market share.
For more information, click here: https://www.imarcgroup.com/acetic-anhydride-market-report
6. Report DescriptionReport Description and Highlights
Market Segmentation by Region
• China
• North America
• Western Europe
• North East Asia
• South East Asia
• Middle East & Africa
• Eastern Europe
Based on geography, North America holds the leading position in the market. Other major regions
include China, Western Europe, North East Asia, South East Asia, Middle East and Africa, and Eastern
Europe.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players.
7. Report DescriptionReport Description and Highlights
• Celanese,
• BP Chemicals,
• Eastman Chemical Company,
• BASF,
• Jubilant Life Sciences
• DuPont,
• SABIC
• PetroChina Ltd
• Sasol Limited
• Daicel
• Sipchem
• Rhodia.
Browse Related Report
Acetic Acid Market: https://www.imarcgroup.com/acetic-acid-technical-material-market-report
Malic Acid Market Report: https://www.imarcgroup.com/malic-acid-technical-material-market-report
8. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients