Global Acetic Anhydride Market 2018-2022

Global Acetic Anhydride Industry Overview

Technavio’s analysts have identified the growth of the pharmaceutical industry to be one of the major factors driving market growth. The healthcare and the pharmaceutical industries extensively utilize acetic anhydride as a chemical intermediate. This factor drives the growth of the acetic anhydride market globally. Acetic anhydride finds its application in the manufacturing of aspirin and is considered as the prime raw material used in the production of aspirin. The increasing demand for pharmaceutical drugs is one of the prime factors that influence the growth of the global acetic anhydride market.    

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Top companies covered in this report

The acetic anhydride market is concentrated owing to the presence of few established vendors. This acetic anhydride industry analysis report will help the clients identify new growth opportunities and design new growth strategies. Also, this report offers a competitive analysis of the players in the acetic acid anhydride market along with information on the products offered by the companies.

The report offers a complete analysis of a number of companies including:

• BASF
• BP
• Celanese Corporation
• DowDuPont
• Eastman Chemical Company
• Jubilant Life Sciences

Acetic anhydride market growth based on geographic regions

• Americas
• APAC
• EMEA

In terms of geographic regions, APAC accounted for the major share in the acetic acid anhydride market in 2017. The increasing number of pharmaceutical companies in countries like China and India is going to influence the market in this region during the forecast period.

Acetic anhydride market growth based on end-user

• Cellulose acetate
• Pharmaceutical
• TAED

The cellulose acetate segment accounted for the major share of the acetic acid anhydride market during 2017. According to our research report, the demand for cellulose acetate will increase during the forecast period.

Key highlights of the global acetic anhydride market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the acetic anhydride market during the next five years
• Precise estimation of the global acetic anhydride market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the acetic anhydride industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of acetic anhydride manufacturers

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global acetic anhydride market and its stakeholders over the forecast years.

Market research analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of the acetic anhydride market till 2022. Some of the markets most likely to influence the growth of the acetic anhydride market over the coming years are the industrial catalysts market and acetaldehyde market.

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