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.
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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:
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.
Chapter 1 Preface
1.1 Research Methodology and Market Definitions
1.3 Report Summary
Chapter 2 Global Acetic Anhydride Market: Industry Overview
2.1 Chemical Overview and Properties
2.2 Key Factors Driving the Global Acetic Anhydride Industry
2.3 Volume Trends
2.4 Value Trends
2.5 Price Trends
2.6 Production Breakup by Region
2.6.1 North America
2.6.3 Western Europe
2.6.4 North East Asia
2.6.5 South East Asia
2.6.6 Middle East & Africa
2.6.7 Eastern Europe
2.7 Consumption Breakup by Region
2.7.1 United States of America
2.7.3 Western Europe
2.7.6 Middle East
2.8 Market Breakup by End Use Industries
2.8.1 Cellulose Acetate Flakes
2.8.3 Tetraacetylethylenediamine (TAED)
2.9 Value Chain Analysis
2.10 Imports and Exports
2.11 Market Outlook
Chapter 3 Porters Five Forces Analysis
3.1 Bargaining Power of Suppliers
3.2 Bargaining Power of Buyers
3.3 Threat of New Entrants
3.4 Threat of Substitutes
3.5 Degree of Competition
Chapter 4 Competitive Landscape
Chapter 5 Raw Material Market Analysis
5.1 Acetic Acid
5.1.1 Market Trends
5.1.2 Price Trends
5.1.3 Market Breakup by Region
5.1.4 Market by End Use
5.1.5 Market Outlook
Chapter 6 Manufacturing of Acetic Anhydride
6.1 Key Success and Risk Factors for Manufacturers
6.2 Manufacturing Process Flow
6.3 Raw Material and Their Requirements
6.4 Reactions Involved
List of Figures
Figure 2 1: Global Acetic Anhydride Market: Production Volume Trend (in Million Tons), 2014-2018
Figure 2 2: Global Acetic Anhydride Market: Production Value (in USD Billion), 2014-2018
Figure 2 3: Global Acetic Anhydride Market: Price Trends (in USD/Ton), 2014-2018
Figure 2 4: Global Acetic Anhydride Market: Production Breakup by Region (in %), 2018
Figure 2 5: Global Acetic Anhydride Market: Consumption Breakup by Region (in %), 2018
Figure 2 6: Global Acetic Anhydride Market: Breakup by End use (in %), 2018
Figure 2 7: Global Acetic Anhydride: Import Value Breakup by Country (in %), 2018
Figure 2 8: Belgium Acetic Anhydride: Import Values (in ‘000 USD), 2014-2018
Figure 2 9: Global Acetic Anhydride: Export Value Breakup by Country (in %), 2018
Figure 2 10: Belgium Acetic Anhydride: Export Values (in ‘000 USD), 2014-2018
Figure 2 11: Global Acetic Anhydride Market Forecast: Production Volume (in Million Tons), 2019-2024
Figure 2 12: Global Acetic Anhydride Market Forecast: Production Value (in USD Billion), 2019-2024
Figure 5 1: Global Acetic Acid Market: Consumption Volumes (in Million Tons), 2014-2018
Figure 5 2: Historical and Future Price Trends of Acetic Acid (in USD/Ton), 2014-2024
Figure 5 3: Global Acetic Acid Market: Production Breakup by Region (in %) 2018
Figure 5 4: Global Acetic Acid Market: Consumption Breakup by Region (in %), 2018
Figure 5 5: Global Acetic Acid Market: Breakup by End Use (in %), 2018
Figure 5 6: Global Acetic Acid Market Forecast: Consumption Volumes (in Million Tons), 2019-2024
Figure 6 1: Acetic Anhydride Manufacturing Process: Detailed Process Flow
Figure 6 2: Acetic Anhydride Manufacturing Process: Conversion Rate of Feedstocks
List of Tables
Table 2 1: Acetic Anhydride: Overview and Properties
Table 2 2: Global Acetic Anhydride: Import Values and Volumes of Major Countries, 2018
Table 2 3: Global Acetic Anhydride: Export Values and Volumes of Major Countries, 2018
Table 4 1: Global Acetic Anhydride Market: List of Major Players
Table 6 1: Acetic anhydride Manufacturing Process: Raw Material Requirements
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