Browse through the TOC of “The Acetic Anhydride Market” for an analysis of industry trends and segments, with the help of various tables and figures.
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Acetic anhydride is a colorless liquid with a strong pungent odor and one of the most commonly used reagents in organic synthesis. It is produced by carbonylation of methyl acetate or oxidation of acetaldehyde with air or oxygen. It is used in cellular acetate, Tetraacetylethylenediamine (TAED), polymers & resins, dyes, artificial sweeteners, flavors, and fragrances, among others.
The global cellular acetate industry is growing at a rapid pace and has paved way for growth of the acetic anhydride market. In recent years, the market for acetic anhydride has been mainly driven by the huge demand from the cigarette tow industry. Cellulose acetate is one of the most important applications of acetic anhydride, and cellulose acetate is used in cigarettes, the consumption of which has been growing rapidly in recent years, globally. In addition, acetic anhydride is used in pharmaceuticals, artificial sweeteners, resins, polymers, coatings, modified starches, and pesticides.
The global acetic anhydride market is dominated by the Asia-Pacific region, which accounted for a market share of 49.0% in 2014. Numerous global manufacturers have started manufacturing acetic anhydride due to the lower manufacturing and labor costs in China. India is also expected to provide better opportunities for the players of the acetic anhydride market, owing to the increasing demand from industries such as pharmaceuticals, textiles, and polymers.
The global acetic anhydride market has been segmented on the basis of application and geography. Cellulose acetate, pharmaceuticals, and perfumes, among others are the key applications of acetic anhydride. Asia-Pacific (APAC), Europe, North America, and Rest of the World (RoW) are the major regions covered in the report.
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