Acetic anhydride is a clear and colourless liquid with a very pungent, penetrating, vinegar-like odour and is widely used as a reagent in organic synthesis. With a chemical formula- (CH3CO)2O, this chemical compound combines with water to form acetic acid and is commonly abbreviated as Ac2O. It does not occur naturally and was first synthesised by C. F. Gerhardt in 1852 when he reacted benzoyl chloride with molten potassium acetate. Today, it is one of the most important organic intermediates and currently finds applications in research and manufacturing. During 2014-2018, the global acetic anhydride market grew at a CAGR of around 5.6% and is expected to exhibit a steady CAGR. The global acetic anhydride industry is mainly driven by the cigarette tow market, which requires cellulose acetate flakes which account for the majority of the global acetic anhydride consumption. This report by Expert Market Research entitled “Acetic Anhydride Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the acetic anhydride market.
Historical market trends for the acetic anhydride industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global acetic anhydride market into the following regions – North America, China, Western Europe, North-East Asia, South-East Asia, the Middle East & Africa and Eastern Europe. North America currently represents the largest market. On the basis of end-use, the global acetic anhydride market has been segmented as cellulose acetate flakes, pharmaceuticals and Tetraacetylethylenediamine (TAED) and others. Cellulose acetate flakes and pharmaceuticals currently represent the biggest end-use markets for acetic anhydride.
The value chain analysis of acetic anhydride has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the acetic anhydride industry has also been provided. The report also covers the global import and export trends of acetic anhydride with the Belgium being the largest importer and exporter.
This report provides an exhaustive insight into the manufacturing of acetic anhydride. Factors such as chemical reactions involved, process flow, raw material requirements, mass balance and various manufacturing steps have been thoroughly discussed in the report. The report also provides a comprehensive market evaluation of the major feedstocks required for manufacturing acetic anhydride viz. acetic acid. For each feedstock, the report provides market trends, price trends, market by application, market by region and its key manufacturers.
The following are the key questions answered by this report:
- What are the market trends for the global acetic anhydride market?
- Which are the biggest markets (regions) for acetic anhydride?
- What are the key application areas for acetic anhydride?
- Who are the key manufacturers in the acetic anhydride market?
- What are the price trends of acetic anhydride?
- What are the raw material requirements for the manufacturing of acetic anhydride?
- What are the chemical reactions involved during the manufacturing of acetic anhydride?
- Who are the major importers and exporters of acetic anhydride?
- What is the value chain analysis of the acetic anhydride industry?
- What are the market trends of major feedstocks?
- What are the price trends of major feedstocks?
- Which are the biggest markets (regions) for major feedstocks?
- What are the key application areas for various feedstocks?
- Who are the key players for various feedstocks?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the acetic anhydride industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector-specific events and assumptions are taken into account to generate the final forecast.