Global Acetic Anhydride Market

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  • Published Date:
    21 Oct 2022
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Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.



The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.

With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.

Market Overview:

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Acetic Anhydride is a colorless liquid that is mainly used to manufacture cellulose acetate. It smells similar to acetic acid. It is an isolatable acid anhydride, also known as ethanoic anhydride. It is produced by the carbonylation of acetate. It has good lachrymatory properties. It is used as an important reagent in organic synthesis of a number of chemicals. It can also be used in manufacturing polymers, pesticides, artificial sweeteners, resins and coatings. According to a report published by the IMARC Group, the global acetic anhydride market has grown at a CAGR of 7.0% during 2009-2016. However, the trading associated with this chemical is highly monitored because it is associated with the production of heroin.
The end users of acetic anhydride are various industries that absorb the chemical for further manufacturing of end products. Some noticeable industries are Pharmaceutical, Tobacco, Textile, Agrochemical, Laundry & Cleaning and Food & Beverage.
Market Dynamics
The main driver for acetic anhydride is the huge demand for cellulose acetate flakes from the tobacco industry. These cellulose acetate flakes are primarily used for the production of cigarette tow filters. The second largest market for consumption of acetic anhydride is the Pharmaceuticals industry. The demand for drugs like paracetamol and aspirin has been increasing due to health issues like cold, fever, body pain. These drugs are produced with the help of acetic anhydride. The increasing consumption of these generic drugs is expected to further boost the global market of acetic anhydride.
Market Segmentation
The acetic anhydride market is segmented on the basis of geography and application. On the basis of geography, the market is segmented into Asia-Pacific, North America, LAMEA and Europe. On the basis of application, the market is divided into resins & polymers, agrochemicals, cellulose acetate, explosives, pharmaceuticals, artificial sweeteners and coating material.
Regional/Geographic Analysis
North America emerged as the largest market for acetic anhydride consumption, in 2016. Closely following it was Asia-Pacific which is expected to be the fastest growing market. China and India are emerging as growing regions for acetic anhydride consumption due to huge demand in the textile, polymers and pharmaceutical industries.
Emerging economies provide immense opportunities for acetic anhydride market to expand on account of the increasing demand generated by pharmaceutical companies, textile companies and polymers.
Key Players
Some prominent players in the world acetic anhydride market are PetroChina Ltd., Eastman Chemical Company, BP Chemicals Plc, Celanese Corporation, E.I. Du Pont De Nemours & Company and SABIC.
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Rest of Eastern Europe

Asia Pacific
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook


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