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Historical Year
Forecast Year
The North America acetic anhydride market attained a volume of about 1.02 MMT in 2023. The market is further estimated to grow in the forecast period of 2024-2032 at a CAGR of 3.4% to reach nearly 1.37 MMT by 2032.
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The increasing use of acetic anhydride as a raw material for cellulose acetate fibres is bolstering the growth of the market. With the growing utilisation of cellulose acetate fibres in textile fibres and cigarette filter tow, the market for acetic anhydride is witnessing a healthy growth. Cellulose acetate fibres are increasingly used in durable goods and disposables on account of their eco-friendliness, hence boosting the demand for acetic anhydride. Moreover, the growing demand for cellulose acetate fibres in the production of eyeglass frames, high absorbency products like surgical products and diapers, ink reservoirs for fibre tip pens, and filters, among others, is positively impacting the North America acetic anhydride market.
Acetic anhydride, variously known as ethanoic anhydride, refers to a chemical compound that is used for the acetylation of alcohols and amines. It typically appears as a colourless liquid and has a strong odour of vinegar. Acetic anhydride finds extensive application in various end-use sectors like pharmaceuticals, plastics, dyes, and explosives, among others.
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The major applications of acetic anhydride are:
The EMR report looks into the regional markets of acetic anhydride in North America like the United States of America, Canada, and Mexico.
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The North America acetic anhydride market growth can be attributed to the growing use of the chemical as a significant raw material in the manufacturing of various pharmaceutical products such as acetaminophen and aspirin, among others. With the rising prevalence of various health-related issues, the increasing demand for pharmaceutical products is favouring the market growth of acetic anhydride in North America. The robust healthcare infrastructure and the rapid growth of the pharmaceutical sector are providing further impetus to the market for acetic anhydride in North America.
The growing use of acetic anhydride in tetraacetylethylenediamine (TAED) in detergents to improve their bleaching efficiency is propelling the market growth. As TAED exhibits excellent granulation properties, enhanced storage stability, and good biocidal activity, it is increasingly utilised in innovative detergents, which is anticipated to fuel the market for acetic anhydride in North America. With the growing focus on hygiene, especially after the COVID-19 pandemic, the demand for detergents is surging, which is likely to augment the regional acetic anhydride market in the forecast period.
The report presents a detailed analysis of the following key players in the North America acetic anhydride market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Trade Data Analysis |
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| Price Analysis |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
North America Acetic Anhydride Market Size
*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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In 2023, the North America acetic anhydride market attained a volume of nearly 1.02 MMT.
The market is estimated to grow at a CAGR of 3.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about 1.37 MMT by 2032.
The market is being aided by the growing demand for cellulose acetate fibres, the increasing use of acetic anhydride in the manufacturing of textile fibres, and the rising use of acetic anhydride as a raw material for plastics.
The market is expected to be fuelled by the growing use of acetic anhydride in the manufacturing of various pharmaceutical products, the rising prevalence of various health-related issues, and the rising demand for tetraacetylethylenediamine (TAED) in bleaching applications.
The major regions in the market are the United States of America, Canada, and Mexico.
The major applications of acetic anhydride in the market are cellulose acetate flakes, pharmaceuticals, and tetraacetylethylenediamine (TAED), among others.
The major players in the market are Celanese Corporation, Eastman Chemical Company, Jubilant Ingrevia Limited, DuPont de Nemours, Inc., and Ineos Group Ltd, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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