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According to Expert Market Research, the global acetic anhydride market reached a volume of 2.8 Million Tons in 2020 and is further expected to reach a volume of around 3.5 Million Tons by 2026.
Acetic anhydride, also known as ethanoic anhydride, is a clear, free-flowing and highly combustible liquid with a strong pungent smell. It is an important acetylation agent and solvent, widely used in the synthesis of various organic compounds. Some of the products manufactured using acetic anhydride include cellular acetate, acetylsalicylic acid, acetanilide, nitrofurans, modified starches, artificial sweeteners, bleach activators, bakery additives, etc.
The market is currently being driven by the demand for acetic anhydride from its various end-use industries, particularly for the manufacturing of cellulose acetate, which is further used to produce cigarette filters, textiles and clothing, tool handles, personal care products, etc. Other end-use industries of acetic anhydride include pharmaceuticals, TAED manufacturing, polymers & resins, flavours & fragrances, dyes, modified starches, etc.
Key findings from the report:
Expert Market Research has analysed the global acetic anhydride market according to end-use, major regions and top players:
Market breakup by End-Use
Market breakup by Region
Top players
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