Acetic Anhydride Market Size, Share, Growth Analysis, By Application(Cigarette filter tows, Intermediate), By End-Use(Cellulose Acetate, Pharmaceuticals) - Industry Forecast 2024-2031

Report ID: SQMIG15A2425 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 70 | Figures: 67

Share your requirements to help us to customize the report.

I acknowledge that I have read the Privacy Policy

Confidentiality

We respect your privacy rights and safeguard your personal information. We prevent the disclosure of personal information to third parties.

License Type Top market research company in USA

File Type

Analyst Support

$5,300

BUY NOW GET FREE SAMPLE

FAQs

Acetic Anhydride Market size was valued at USD 2.91 billion in 2022 and is poised to grow from USD 3.05 billion in 2023 to USD 4.47 billion by 2031, growing at a CAGR of 4.9% in the forecast period (2024-2031).

The competitive environment of the Acetic Anhydride market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry. 'Celanese', 'BP Chemicals', 'Eastman Chemical Company', 'BASF', 'Jubilant Life Sciences', 'DuPont', 'SABIC', 'PetroChina Ltd.', 'Sasol Limited', 'Daicel', 'Sipchem', 'Rhodia'

Acetic anhydride is an important ingredient in pharmaceuticals, such as acetylsalicylic acid (aspirin), sulfa drugs, vitamins and some hormones, acetyl-p-aminophenol, cortisone, acetanilide, theophylline, acetylcholine hydrochloride, acetyl satin, sulfonamides, and paracetamol use the right. The number of common health issues arising worldwide, such as colds, coughs and colds, body aches and rashes has increased dramatically. This has increased the demand for drugs such as aspirin and paracetamol. The increasing use of these solvents has greatly benefited the acetic anhydride market.

Growing demand for acetic anhydride in the pharmaceutical industry is driving the market growth. It is widely used in making medicines such as paracetamol and aspirin. Since these chemicals are some of the most popular chemicals, increasing incidence of health issues such as pain, inflammation and diarrhea among others is fueling their consumption, driving the growth of the acetic anhydride industry a it includes use as ingredients in drugs such as acetaminophen, cortisone and theophylline.

North America is the major market for acetic anhydride due to the growing cellulose acetate and pharmaceutical industry. North America is the largest producer of acetic anhydride with the largest share in the market owing to the large production of cellulose acetate from film and plastic products. Stringent government regulations, however, can restrict market growth. For example, the U.S. Also, the FDA states that acetic anhydride in dietary starch.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Acetic Anhydride Market Size, Share, Growth Analysis, By Application(Cigarette filter tows, Intermediate), By End-Use(Cellulose Acetate, Pharmaceuticals) - Industry Forecast 2024-2031

Share your requirements to help us to customize the report.

Confidentiality

FAQs

What is the market size of Acetic Anhydride Market?

Who are the key vendors in the Acetic Anhydride Market?

What is the key driver of Acetic Anhydride Market?

What is the key market trend for Acetic Anhydride Market?

Which region accounted for the largest share in Acetic Anhydride Market?

Related Reports

Feedback From Our Clients

$5,300