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The rising demand for acetic anhydride in the pharmaceutical sector is augmenting the market growth. It is extensively used in the production of various drugs such as paracetamol and aspirin. As these drugs are some of the most popular drugs, the surge in health-related issues such as aches, vomiting, and fever, among others, are increasing their use, which is invigorating the growth of the acetic anhydride industry. In addition, it is also deployed as a raw material in the manufacturing of drugs such as acetaminophen, cortisone, and theophylline, among others. The rising demand for hormonal drugs for the treatment of various chronic illnesses such as cancer as well as hormonal disorders like allergic rhinitis, prostate disorders, hypothyroidism, and infertility, among others, is providing further impetus to the market growth.
Acetic Anhydride Market Growth
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Acetic Anhydride Market Overview
8.1 Key Industry Highlights
8.2 Global Acetic Anhydride Historical Market (2018-2023)
8.3 Global Acetic Anhydride Market Forecast (2024-2032)
8.4 Global Acetic Anhydride Market by Application
8.4.1 Cellulose Acetate Flakes
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Pharmaceuticals
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 TAED
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Acetic Anhydride Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code: 291524)
12.1 Major Exporting Countries:
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
14 Global Acetic Anhydride Feedstock Analysis
14.1 Key Industry Highlights
14.2 Global Acetic Acid Historical Market (2018-2023)
14.3 Global Acetic Acid Market Forecast (2024-2032)
14.4 Global Acetic Acid Market by Application
14.4.1 VAM
14.4.1.1 Market Share
14.4.1.2 Historical Trend (2018-2023)
14.4.1.3 Forecast Trend (2024-2032)
14.4.2 PTA
14.4.2.1 Market Share
14.4.2.2 Historical Trend (2018-2023)
14.4.2.3 Forecast Trend (2024-2032)
14.4.3 Anhydride
14.4.3.1 Market Share
14.4.3.2 Historical Trend (2018-2023)
14.4.3.3 Forecast Trend (2024-2032)
14.4.4 Ethyl Acetate
14.4.4.1 Market Share
14.4.4.2 Historical Trend (2018-2023)
14.4.4.3 Forecast Trend (2024-2032)
14.4.5 Butyl Acetate
14.4.5.1 Market Share
14.4.5.2 Historical Trend (2018-2023)
14.4.5.3 Forecast Trend (2024-2032)
14.4.6 Others
14.5 Global Acetic Acid Market by Region
14.5.1 Market Share
14.5.1.1 North America
14.5.1.2 Europe
14.5.1.3 Asia Pacific
14.5.1.4 Latin America
14.5.1.5 Middle East and Africa
14.6 Regional Analysis
14.6.1 North America
14.6.1.1 Historical Trend (2018-2023)
14.6.1.2 Forecast Trend (2024-2032)
14.6.1.3 Breakup by Country
14.6.1.3.1 United States of America
14.6.1.3.2 Canada
14.6.2 Europe
14.6.2.1 Historical Trend (2018-2023)
14.6.2.2 Forecast Trend (2024-2032)
14.6.2.3 Breakup by Country
14.6.2.3.1 United Kingdom
14.6.2.3.2 Germany
14.6.2.3.3 France
14.6.2.3.4 Italy
14.6.2.3.5 Others
14.6.3 Asia Pacific
14.6.3.1 Historical Trend (2018-2023)
14.6.3.2 Forecast Trend (2024-2032)
14.6.3.3 Breakup by Country
14.6.3.3.1 China
14.6.3.3.2 Japan
14.6.3.3.3 India
14.6.3.3.4 ASEAN
14.6.3.3.5 Australia
14.6.3.3.6 Others
14.6.4 Latin America
14.6.4.1 Historical Trend (2018-2023)
14.6.4.2 Forecast Trend (2024-2032)
14.6.4.3 Breakup by Country
14.6.4.3.1 Brazil
14.6.4.3.2 Argentina
14.6.4.3.3 Mexico
14.6.4.3.4 Others
14.6.5 Middle East and Africa
14.6.5.1 Historical Trend (2018-2023)
14.6.5.2 Forecast Trend (2024-2032)
14.6.5.3 Breakup by Country
14.6.5.3.1 Saudi Arabia
14.6.5.3.2 United Arab Emirates
14.6.5.3.3 Nigeria
14.6.5.3.4 South Africa
14.6.5.3.5 Others
14.7 Trade Data Analysis (HS Code- 291521)
14.7.1 Major Exporting Countries
14.7.1.1 By Value
14.7.1.2 By Volume
14.7.2 Major Importing Countries
14.7.2.1 By Value
14.7.2.2 By Volume
14.8 Price Analysis
14.8.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.8.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.8.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.8.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.8.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Celanese Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Sahara International Petrochemical Company
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Eastman Chemical Company
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Jubilant Ingrevia Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Daicel Corporation
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 China National Petroleum Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Saudi International Petrochemical Company (Sipchem)
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Others
16 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Acetic Anhydride Market: Key Industry Highlights, 2018 and 2032
2. Global Acetic Anhydride Historical Market: Breakup by Application (USD Billion), 2018-2023
3. Global Acetic Anhydride Market Forecast: Breakup by Application (USD Billion), 2024-2032
4. Global Acetic Anhydride Historical Market: Breakup by Region (USD Billion), 2018-2023
5. Global Acetic Anhydride Market Forecast: Breakup by Region (USD Billion), 2024-2032
6. North America Acetic Anhydride Historical Market: Breakup by Country (USD Billion), 2018-2023
7. North America Acetic Anhydride Market Forecast: Breakup by Country (USD Billion), 2024-2032
8. Europe Acetic Anhydride Historical Market: Breakup by Country (USD Billion), 2018-2023
9. Europe Acetic Anhydride Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Asia Pacific Acetic Anhydride Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Asia Pacific Acetic Anhydride Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Latin America Acetic Anhydride Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Latin America Acetic Anhydride Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Middle East and Africa Acetic Anhydride Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Middle East and Africa Acetic Anhydride Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Major Exporting Countries by Value
17. Major Importing Countries by Value
18. Major Exporting Countries by Volume
19. Major Importing Countries by Volume
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Acetic Acid Market: Key Industry Highlights, 2018 and 2032
26. Global Acetic Acid Historical Market: Breakup by Application (USD Billion), 2018-2023
27. Global Acetic Acid Historical Market: Breakup by Application (USD Billion), 2024-2032
28. Global Acetic Acid Historical Market: Breakup by Region (USD Billion), 2018-2023
29. Global Acetic Acid Market Forecast: Breakup by Region (USD Billion), 2024-2032
30. North America Acetic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
31. North America Acetic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
32. Europe Acetic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
33. Europe Acetic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
34. Asia Pacific Acetic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
35. Asia Pacific Acetic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
36. Latin America Acetic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
37. Latin America Acetic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
38. Middle East and Africa Acetic Acid Historical Market: Breakup by Country (USD Billion), 2018-2023
39. Middle East and Africa Acetic Acid Market Forecast: Breakup by Country (USD Billion), 2024-2032
40. Major Acetic Acid Exporting Countries by Value
41. Major Acetic Acid Importing Countries by Value
42. Major Acetic Acid Exporting Countries by Volume
43. Major Acetic Acid Importing Countries by Volume
44. North America Acetic Acid Historical Price Trends and Forecast 2018-2028
45. Europe Acetic Acid Historical Price Trends and Forecast 2018-2028
46. Asia Pacific Acetic Acid Historical Price Trends and Forecast 2018-2028
47. Latin America Acetic Acid Historical Price Trends and Forecast 2018-2028
48. Middle East and Africa Acetic Acid Historical Price Trends and Forecast 2018-2028
49. Global Acetic Anhydride Market Structure
The global acetic anhydride market grew at a CAGR of about 4.9% between 2024 and 2032.
The market is being aided by the growing demand for acetic anhydride in the pharmaceutical industry and the rising demand for generic drugs, such as aspirin and paracetamol, owing to growing health-related issues.
The growth of the market is expected to be driven by the rising demand for cellulose fibre in the textile sector and the growing use of cellulose acetate in the packaging industry.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The product finds extensive applications in cellulose acetate flakes, pharmaceuticals, and TAED, among others.
The major players in the market are Celanese Corporation, Eastman Chemical Company, Sahara International Petrochemical Company, Jubilant Ingrevia Limited, Daicel Corporation, China National Petroleum Corporation, Saudi International Petrochemical Company (Sipchem), Others.
The global acetic anhydride market reached a value of about 3.05 billion in 2023, driven by the rising use of acetic anhydride in the pharmaceuticals industry. Aided by the growing demand for cellulose acetate and cellulose in various industries, the market is expected to witness further grow at a CAGR of 4.9% during 2024-2032, reaching an estimated value of USD 4.06 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its applications, the acetic anhydride industry can be segmented into cellulose acetate flakes, pharmaceuticals, and TAED, among others. The major regional markets for acetic anhydride are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Celanese Corporation, Eastman Chemical Company, Sahara International Petrochemical Company, Jubilant Ingrevia Limited, Daicel Corporation, China National Petroleum Corporation, Saudi International Petrochemical Company (Sipchem), Others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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