Analysis and Opportunity Assessment in Global Acetic Anhydride Market Forecast 2018-2023

Acetic Anhydride

Global Acetic Anhydride Market Research Report 2018 presents an in-depth assessment of the Acetic Anhydride Market providing quantitative information about the market size, key market segments and manufacturer in terms of revenue, production and growth rate from 2018 to 2023. The Acetic Anhydride Market report also provides qualitative information about the technologies, key trends, market drivers, regulatory landscape, deployment models, opportunities, value chain and market strategies.

The Onerous Demand Of Global Acetic Anhydride Market report enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with Acetic Anhydride industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.Development and Trend Research plays an Important role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Acetic Anhydride market growth over the forecast period.

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The global acetic anhydride market is expected to witness a CAGR of approximately 4.2% during the forecasted period, majorly driven by the growing usage in laundry detergents and increasing demand from the pharmaceutical industry for acetic anhydride, as an intermediate.

Rising Demand of TAED from Laundry Detergents

Acetic anhydride is required in the cleaning and laundry applications primarily because it helps in the production of TAED, which is used as a perborate bleach activator in cold-water laundry detergents. TAED is prepared by first reacting Ethylenediamine (EDA) with two moles of acetic acid to form the bis-amide. This is then reacted with two moles of acetic anhydride to form the tetra-amide. There has been a surge in cleanliness and hygiene concerns in developing countries, such as India and China, which, in turn, is boosting laundry and cleaning sector, in turn, aiding the market growth for acetic anhydride.

Cigarette Filters Dominate the Market

Acetic anhydride is majorly required in the filter tow applications of cigarettes. Cellulose acetate flake is converted into cigarette filter tows, plastics, and filament yarns. The filter tow application accounts for nearly 80% of cellulose acetate consumption. Although, the cigarette filters segment is expected to be the most dominant, the demand from the sector is expected to witness a steady growth. This is owing to the adoption of electronic cigarettes. Furthermore, the decline in exports of cellulose flake to China may further hinder the market growth.

Growing Pharmaceutical Industry in Asia Pacific

Acetic Anhydride is a key raw material required in the production of medicines, such as acetylsalicylic acid (aspirins), sulfa drugs, and various other medicines. The region has witnessed a growth in the number of health issues, which include fever, cough & cold, body pains, nausea, etc. due to the pollution levels from industrial activities. This has led to an increase in demand for drugs, like aspirin and paracetamol. Additionally, the increasing concerns for hygiene and cleanliness have led to the growth of the laundry and cleaning sector in Asia-Pacific, which in turn shall augment the growth of acetic anhydride market during the forecast period.

Key Developments in the Market

February 2018: DuPont Introduced New Solamet PV21A Metallization Pastes at 2018 Tokyo PV Expo

Major Players: BASF SE, Celanese Corporation, DowDuPont, Sasol Limited and SABIC amongst others.

Reason to Purchase this Report

Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating process type and filler used in the market
Countries expected to witness the fastest growth during the forecast period
Identifying the latest developments, market shares and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)

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Acetic Anhydride Market Forecast 2018-2023

The Acetic Anhydride industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Acetic Anhydride production, supply, sales and market status.

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Price of Acetic Anhydride Market Report (single User Licence): $ 4250

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.




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