Global Cassava Processing Market Share, Size, Growth, Trends And Forecast 2018-2023

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  Global Acetic Anhydride Market Driven by
Growing Demand from End-Use Industries
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Report Description
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Report Description and Highlights
Report Description
Global Acetic Anhydride Market Driven by Growing
Demand from End-Use Industries The global
acetic anhydride market has witnessed a positive
growth over the past several years. This can be
attributed to the flourishing end-use industries
such as cellulose acetate and pharmaceuticals,
and a growing demand from emerging
regions. Acetic anhydride is reactive,
combustible and toxic in nature with a colourless
appearance and a strong vinegar-like odour. It is
mainly used as an acetylation agent and is
utilized in the preparation of a number of
commercially important chemical materials. Some
of the major derivatives of acetic anhydride
include cellulose acetate, Tetraacetylethylenediam
ine (TAED), aspirin (acetylsalicylic acid), etc.
Acetic anhydride is also used in the
manufacturing of modified starches, pesticides,
artificial sweeteners, etc. and as a wood
preservative. A new research report by IMARC
Group, titled Acetic Anhydride Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2018-2023, estimates that the
market was worth more than US 5 Billion in 2017.
The report further anticipates the market to
reach a value of US 7.2 Billion by 2023, at a
projected CAGR of around 6 over the forecast
period.
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Report Description and Highlights
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Report Description and Highlights
Report Description

• Global Acetic Anhydride Market Drivers/Constraints
  
• The demand for acetic anhydride is largely driven
  by huge demand from the cigarette tow market,
  which requires cellulose acetate flakes. The
  increasing number of smokers, particularly in the
  emerging economies, have facilitated the market
  growth.
• Cellulose acetate also finds extensive
  applications in the textiles and clothing
  industry due to its comfortable, breathable, and
  absorbent nature.
• Emerging economies provide immense opportunities
  for the acetic anhydride market to expand on
  account of the increasing demand generated by the
  pharmaceutical industry where it is used for the
  production of aspirin.
• The stringent regulations due to the harmful
  environmental effects of acetic anhydride,
  coupled with strict monitoring of acetic
  anhydride trading for its use in the production
  of heroine, are major factors hindering the
  market growth.
• Read full report _at_ https//www.imarcgroup.com/acet
  ic-anhydride-market-report

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Report Description and Highlights
Report Description
End-Use Insights Based on end-use, the market
is segregated into cellulose acetate,
pharmaceuticals and Tetraacetylethylenediamine
(TAED). Amongst these, the cellulose acetate
industry represents the largest consumer of
acetic anhydride as it is further used to produce
cigarette filters, textiles, wound dressings,
hygiene products, tool handles, etc. Regional
Insights On a geographical front, North America
represents the leading market, accounting for the
majority of the total global consumption. Other
major regions include China, Western Europe,
North-east Asia, South-east Asia, Middle East and
Africa and Eastern Europe. Request Sample
Of The Report https//www.imarcgroup.com/request?
typereportid640flagB  
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Report Description and Highlights
Report Description

• Competitive Landscape
• The market is highly concentrated with the
  presence of a small number of global players.
  There is an intense competition in the market
  which makes it difficult for new players to
  survive in the market. Some of the leading
  players operating in the market are
• Celanese
• BP Chemicals
• Eastman Chemical Company
• BASF
• Jubilant Life Sciences
• DuPont
• SABIC
• PetroChina Ltd.
• Sasol Limited
• Daicel
• Sipchem
• Rhodia
• Browse more related reports
• Citric Acid Market https//www.imarcgroup.com/cit
  ric-acid-manufacturing-plant
• Sodium Chlorate Markethttps//www.imarcgroup.com/
  sodium-chlorate-technical-material-market-report
  

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Report Description and Highlights
Report Description

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