Press Release

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Acetic Anhydride Market to Grow at a CAGR of 4.9% During 2022-2027, Aided by the Rising Use of TAED in the Detergent Industry

According to a new report by EMR titled, ‘Global Acetic Anhydride Market Report and Forecast 2022-2027’, the market attained a value of about USD 2.77 billion in 2020. The industry is further expected to grow at a CAGR of 4.9% in the forecast period of 2022-2027 to reach a value of USD 3.68 billion by 2026.

The market growth of acetic anhydride is being aided by its extensive end-use of the chemical in various industries. The growing use of tetraacetylethylenediamine, produced from acetic anhydride in the manufacturing of detergents owing to the presence of active oxygen bleaching agents, is expected to invigorate the industry growth. As tetraacetylethylenediamine (TAED) can clean clothes effectively while consuming less energy and reducing carbon footprint, it is increasingly incorporated in detergent and bleachers, which is anticipated to augment the growth of the acetic anhydride industry. Moreover, the hygienic benefits associated with TAED are increasing its demand, hence boosting the market growth. The sustainable and biodegradable properties of TAED are surging its demand from the environmentally-conscious population, which is providing impetus to the market growth of acetic anhydride.


Acetic Anhydride Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF


Celanese Corporation (NYSE: CE), one of the leading companies in the market, announced acetic acid and vinyl acetate monomer (VAM) capacity expansions and debottlenecking projects at its global manufacturing facilities in April 2018. The announcement demonstrates the company’s leading acetyl technology to its commitment to productivity and innovation within the acetyl chain, hence increasing the production of acetyl anhydride to meet the growing demands. The company implemented and translated various capital-efficient technology-oriented process improvement projects to add 140 kilotonnes per annum of acetic acid to meet the demand by 2020. The integration of the latest technologies would leverage a new generation of the company’s AOPlus acetic acid and VantagePlus VAM manufacturing technologies. This would consequently increase the production of acetic anhydride, which is prepared by the reaction and dehydration of acetic acid. Such expansions are expected to aid the market growth in the forecast period.


Acetic Anhydride Market by Application

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF


Market Analysis by Application and Region:

  • The market, on the basis of application, can be divided into cellulose acetate flakes, pharmaceuticals, and TAED, among others.
  • The regional markets for acetic anhydride include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The rising demand for acetic anhydride in the flourishing pharmaceutical industry in the manufacturing of generic drugs such as paracetamol and aspirin is propelling the market growth.
  • The extensive demand for acetic anhydride and its products in various end-uses in major industries is providing impetus to the industry growth.
  • The growing use of cellulose acetate owing to its antimicrobial and biodegradable properties in the thriving packaging industry is aiding the market growth.
  • The market is being driven by the use of cellulose as a natural fibre and a substitute for cotton, thus surging the use of acetic anhydride.

Key Offerings of the Report:

  • The EMR report gives an overview of the global acetic anhydride market for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the applications and regions of acetic anhydride.
  • It assesses the regional price trends for the (2017-2021) and (2022-2027) periods. 
  • The market report also analyses the trade data by covering the major importing and exporting countries. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.


Acetic Anhydride Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF


The major players in the global market for acetic anhydride are Celanese Corporation, Eastman Chemical Company, Sahara International Petrochemical Company, Jubilant Life Sciences Ltd., Daicel Corporation, China National Petroleum Corporation, Saudi International Petrochemical Company (Sipchem), among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Aspartame Market Report and Forecast 2022-2027