Acetic Anhydride Market 2027 Trends and Future Prospects by Top Manufactures-Basf Corporation, Bp Plc., Celanese Corporation, Daicel Corporation
The exclusive report on Acetic Anhydride Market research report has been formulated with the help of extensive primary research (inputs from industry experts, companies, and stakeholders) and secondary research to get a holistic view of the market. The report gives an in-detailed information across globe including North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America & Central America (SCAM). We follow an iterative research methodology model to formulate the report that help decision makers to take sound investment evaluation. Secondary research is carried out using internal and external sources to obtain qualitative and quantitative insights of the market backed by the telephonic interviews with Key Opinion Leaders (KOL’s) and Subject Matter Expertise (SME’s). This model negates drastic deviation in the market estimation and is used to estimate the Acetic Anhydride Market size and forecasts till 2027.
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The global acetic anhydride market is growing at a significant pace owing to driving factors such as increasing demand for filters in cigarettes due to its advantages of reducing health effects. Furthermore, increasing usage in various industries such as textile, pharmaceuticals, plastics, etc. is likely to drive the demand for acetic anhydride in the coming years. However, high regulations laid down on the use of cellulose acetate is projected to hinder the growth of acetic anhydride market. Likewise, growing use of tetraacetylethylenediamine in laundry industry which can only be produced by acetic anhydride may provide a lucrative opportunity for the market players in the near future.
The Key Players Profiled In The Market Include:
1.Basf Corporation
2.Bp Plc.
3.Celanese Corporation
4.Daicel Corporation
5.Eastman Chemical Company
6.Jubilant Life Sciences
7.Kunshan Yalong Co. Ltd.
8.Saudi International Petrochemical Company
9.Sigma Aldrich Company
10.Taj Pharmaceuticals Limited
Acetic anhydride can be also known as ethanoic anhydride. The acetic anhydride is a chemical compound which has oxygen atom bonded by two acyl group of a carboxylic acid and found in the simplest isolable form. The acetic anhydride is the non-planar structured molecule which is flexible in nature. The base of acetic anhydride is conjugate of carboxylate which gives it a property of attraction towards electro centric area. It is obtained by oxidation of methyl acetate which is a carboxylate esters. Some examples of acetic anhydride are cellulose acetate propionate, cellulose di-acetate, acetaminophen, etc. It is used in various industries such as for making filters for cigarettes in tobacco industry, production of aspirin in pharmaceutical industry, etc.
The global acetic anhydride market is segmented on the basis of application and end-user industry. On the basis of application, the acetic anhydride market is segmented into, coating material, explosive, plasticizer, synthesizer, other application. Based on end-user industry, the global acetic anhydride market is segmented into, tobacco, pharmaceutical, laundry & cleaning, agrochemical, textile, other end-user industries.
The research thoroughly establishes critical market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.
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The global study on Acetic Anhydride Market sums up area wise market distribution with respect to five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America covering the political, economic, social, and technological scenario for each region and its impact on the market. The report further breaks down the analysis for the major countries in these regions to provide a detailed picture of the market share and growth rate.
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