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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Acetic Anhydride Market Size
The global acetic anhydride market attained a value of USD 3.05 billion in 2023 and projected to grow at a CAGR of about 4.9% during 2024-2032 and is expected to reach a value of USD 4.06 billion by 2032.
Acetic Anhydride Market Report Snapshots
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.*
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Key Questions Answered in the Report
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.
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