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World Acetic Anhydride Market: Opportunities & Forecasts, 2017 - 2023

  • ID: 3773607
  • Report
  • Region: Global
  • Allied Analytics LLP
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Acetic anhydride, is a colorless liquid, primarily used in the manufacturing of cellulose acetate. Cellulose acetate is used in production of several products, such as cigarette filters, textile fibers and plastic goods. In addition, acetic anhydride is used for production or manufacturing of resins & polymers, artificial sweeteners, TAED, explosives, agrochemicals, coating materials and others. Acetic anhydride is used to manufacture tetraacetylethylenediamine (TAED), which is utilized as a bleach activator in laundry and cleaning industry. Similarly, acetic anhydride, in addition to its several other applications, is used often in the form of derivatives or sources, amongst which cellulose acetate is the most widely used derivative.

Cigarette filters, occupy the largest share in volume, since their tar and nicotine removal rate goes up to 50%, higher than other compounds such as phenols. Thus, cellulose acetate contributes to more than half of the world acetic anhydride market. The demand for cellulose acetate for cigarette tow and plastic goods, is driving the growth of the acetic anhydride market. The stringent regulations (on account of its harmful environmental effects), regarding household consumption, coupled with strict monitoring of acetic anhydride trading for its use in production of heroine, are major factors hindering the market growth. Emerging economies provide immense opportunities for acetic anhydride market to expand on account of the increasing demand generated by pharmaceutical companies, textile companies and polymers.

The acetic anhydride market is segmented by application and geography. On the basis of application, the market is divided into cellulose acetate, pharmaceuticals, resins & polymers, agrochemicals, coating material, explosives, artificial sweeteners and others. Geographically the market is segmented into North America, Europe, Asia-Pacific and LAMEA.

The dominant companies foraying in this segment, have formed an entry barrier for new enterprises, owing to technological expertise and feasibility concerns. Expansion of production facilities and searching new applications has been the principal strategy for the companies for market growth.

Key players in the world acetic anhydride market are BP Chemicals Plc, BASF SE, E.I. Du Pont De Nemours & Company, Eastman Chemical Company, PetroChina Ltd., SABIC, Celanese Corporation and others.

KEY BENEFITS FOR STAKEHOLDERS:

The report provides the quantitative analysis of the current market and estimations through 2014-2020, which enable stakeholders to capitalize on market opportunities.
The report provides information regarding key drivers, restraints and opportunities through impact analysis.
Varied market segments are analyzed to provide the stakeholders with a clear scope and scale of the market.
Value chain analysis of the market provides accurate understanding of the individual stakeholders in the value chain.
SWOT analysis highlights the internal and external environment of the key players in the market for effective strategy formation.

ACETIC ANHYDRIDE MARKET KEY SEGMENTS:

By Application

Coating Material
Explosives
Plasticizer
Synthesizer
Others

By End-user

Tobacco Industry
Pharmaceutical industry
Laundry & cleaning industry
Agrochemical industry
Food & Beverage industry
Textile industry
Others

By Geography

North America

U.S.
Canada
Mexico

Europe

U.K.
France
Germany
Others

Asia-Pacific

India
China
Japan
Others

LAMEA

Latin America
Middle East
Africa



* This report will be delivered in 12 Business Days. *
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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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