Acetic Anhydride Market : Global Industry Size, Growth,
Trends and Forecast 2015 – 2021
Acetic anhydride is manufactured by carbonylation of acetate. It is also
manufactured by the reaction of ketene with acetic acid. Acetic anhydride acid
is colorless and has a pungent odor. Acetic anhydride is majorly consumed in
cellulose acetates. Cellulose acetate flakes include cellulose acetate propionate
(CAP), cellulose di-acetate and cellulose tri-acetate. Cellulose acetate flakes are
used in cigarette filters, plastics and filament yarns.
The market for acetic anhydride was mainly driven by cigarette tow market.
Cellulose acetate is mainly consumed in cigarette. Acetic anhydride is also
used in fragrances and flavor as well as dyes market. In addition, acetic
anhydride can be used in pharmaceuticals, textiles, coatings and pesticides
market. Acetic anhydride is also used to manufacture
tetraacetylethylenediamine (TAED) which can be used as a bleach activator in
laundry detergents market. However, declining usage of acetic anhydride in
cellulose acetate for domestic consumption can have major impact on the
market.
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In terms of demand, North America was the leading region in acetic anhydride
market. The U.S. had the largest demand for acetic anhydride owing to huge
demand from cellulose acetate market. However, the market for acetic
anhydride is declining in North America region. Market for acetic anhydride was
significantly large in Europe and the trend is expected to continue on account
of the growing demand for TAED and cellulose acetate in the region.
Asia Pacific is anticipated to be the fastest growing market for acetic anhydride
over the next few years. The demand for acetic anhydride is huge from
countries such as Japan, China and India. China and Japan were the leading
consumers of acetic anhydride in Asia Pacific region. India is likely to provide
better opportunity for acetic anhydride market owing to increasing demand
from textile market. The Rest of the World market is anticipated to have stable
demand for acetic anhydride market in near future.
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Some of the key manufacturers in the tissue culture reagents market are
Celanese Corporation, BP Chemicals, BASF SE, DuPont, Eastman Chemical
Company, SABIC, PetroChina Ltd., and Sasol Limited among others.
Key geographies evaluated in this report are: North America - U.S, Canada;
Europe - France, Germany, Italy, Spain, and the UK, Eastern Europe, CIS; APAC China, India, Japan, Australia, Others; Latin America - Argentina, Brazil, Others.
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Key features of this report - Drivers, restraints, and challenges shaping the
Acetic Anhydride market dynamics,Latest innovations and key events in the
industry,Analysis of business strategies of the top players,Acetic Anhydride
market estimates and forecasts(2015 -2021)
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