Press Releases
 
Global Acetic Anhydride Market By Application, Region, Growth, Opportunities and Forecast 2018-2023

Global Acetic Anhydride Market Driven by Growing Demand from End-Use Industries

United States, 6 February 2018 -- The global acetic anhydride market has witnessed a positive growth over the past several years. This can be attributed to the flourishing end-use industries such as cellulose acetate and pharmaceuticals, and a growing demand from emerging regions.

Acetic anhydride is reactive, combustible and toxic in nature with a colourless appearance and a strong vinegar-like odour. It is mainly used as an acetylation agent and is utilized in the preparation of a number of commercially important chemical materials. Some of the major derivatives of acetic anhydride include cellulose acetate, Tetraacetylethylenediamine (TAED), aspirin (acetylsalicylic acid), etc. Acetic anhydride is also used in the manufacturing of modified starches, pesticides, artificial sweeteners, etc. and as a wood preservative. A new research report by IMARC Group, titled “Acetic Anhydride Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market was worth more than US$ 5 Billion in 2017. The report further anticipates the market to reach a value of US$ 7.2 Billion by 2023, at a projected CAGR of around 6% over the forecast period.


Global Acetic Anhydride Market Drivers/Constraints:

The demand for acetic anhydride is largely driven by huge demand from the cigarette tow market, which requires cellulose acetate flakes. The increasing number of smokers, particularly in the emerging economies, have facilitated the market growth.

Cellulose acetate also finds extensive applications in the textiles and clothing industry due to its comfortable, breathable, and absorbent nature.

Emerging economies provide immense opportunities for the acetic anhydride market to expand on account of the increasing demand generated by the pharmaceutical industry where it is used for the production of aspirin.

The stringent regulations due to the harmful environmental effects of acetic anhydride, coupled with strict monitoring of acetic anhydride trading for its use in the production of heroine, are major factors hindering the market growth.

Request a free sample copy of the report: https://www.imarcgroup.com/request?type=report&id=640&flag=B

End-Use Insights:

Based on end-use, the market is segregated into cellulose acetate, pharmaceuticals and Tetraacetylethylenediamine (TAED). Amongst these, the cellulose acetate industry represents the largest consumer of acetic anhydride as it is further used to produce cigarette filters, textiles, wound dressings, hygiene products, tool handles, etc.


Regional Insights:

On a geographical front, North America represents the leading market, accounting for the majority of the total global consumption. Other major regions include China, Western Europe, North-east Asia, South-east Asia, Middle East and Africa and Eastern Europe.

To view the report summary and table of contents, click on: https://www.imarcgroup.com/acetic-anhydride-market-report

Competitive Landscape:

The market is highly concentrated with the presence of a small number of global players. There is an intense competition in the market which makes it difficult for new players to survive in the market. Some of the leading players operating in the market are:

Celanese
BP Chemicals
Eastman Chemical Company
BASF
Jubilant Life Sciences
DuPont
SABIC
PetroChina Ltd.
Sasol Limited
Daicel
Sipchem
Rhodia

Browse related reports:

Acetic Acid Market Research Report: https://www.imarcgroup.com/acetic-acid-technical-material-market-report

Amino Acids Market Research Report: https://www.imarcgroup.com/amino-acid-technical-material-market-report




About Us

IMARC Group is a leading market research company that offers 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, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

# # #


Media Contacts:
Contact Us

IMARC Group
Tel: +1-631-791-1145
Email:
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Footnotes:
6317911145

Note To Editors:
Brooklyn

Disclaimer:
Brooklyn


Image Attached Image Attached Download file at: NY
(Right click and save file to download.)

Document Attached Image Attached Download file at: 11215
(Right click and save file to download.)

Submitted by Imarc Group, IMARC Group on Tuesday, 6 February 2018 at 1:57 PM
Category: Economy
 
Related News

A Luxury Historic 1850's Hickory Chesapeake House Listed For Sale and Carved Entirely By Hand near t
Monday, 21 May 2018

Protect Your Customers & Make Life Easier For Subscribers With This New WordPress GDPR Suite Data Pr
Monday, 21 May 2018

Get More Sales & Increase Traffic Through Social Media Sites With Facebook Marketing & Twitter Engag
Monday, 21 May 2018

Get More Sales & Increase Google Rankings With X Ranker 360 From Joshua Zamora For Lead Generation
Monday, 21 May 2018

Get More Leads & Increase Sales With Viddipop Marketing Software From Seun Ogundele
Saturday, 19 May 2018

Related Events

Argus Latin America LNG Summit
Monday, 21 May 2018

Blockchain for Insurance: Real-World Application
Monday, 21 May 2018

Women Invest Too, London, May 2018
Tuesday, 22 May 2018

Funds, Liquidity and Capital Transfer Pricing
Wednesday, 23 May 2018

Home Business Workshop
Tuesday, 29 May 2018

Latest News

The ‘Shen Yun’ show provokes controversy
Tuesday, 22 May 2018

Mostofi Yachts Unveils New Yacht
Tuesday, 22 May 2018

How to select the Best crypto exchange service?
Monday, 21 May 2018

What are the benefits of using iCoin?
Monday, 21 May 2018

Ready to Assemble Furniture Market Outlook: Ken Research
Monday, 21 May 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Tuesday, 22 May 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • Argus Latin America LNG Summit
  • Argus North American Natural Gas Markets
  • Drug Delivery Design & Partnering - May 21-22, 2018 - San Francisco, CA
  • 4th European Clinical Trials Inspection Readiness
  • 2018 Off-Label Regulatory Compliance Congress

  • Latest Jobs
    Sorry, there are currently no entries posted here.