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Acetic Anhydride Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global acetic anhydride market reached a volume of 2.8 Million Tons in 2020. Looking forward, the market is expected to reach a volume of 3.6 Million Tons by 2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

 

 
 

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Acetic anhydride is a transparent, colourless liquid with a strong pungent smell very similar to acetic acid from which it is synthesised. Acetic anhydride is an important reagent in organic synthesis of a number of chemicals. It is used in the manufacturing process of products ranging from cellulose acetate and aspirin to perfumes and wood preservatives. The report provides a comprehensive insight into the industry including its market breakup by region, market breakup by end-use, value chain analysis, import and export trends, key players and market outlook. The report also gives an in-sight into the manufacturing process of acetic anhydride, covering key success and risk factors for manufacturers, manufacturing process flow, the reactions involved, raw materials and their requirements, etc.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global acetic anhydride market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on end-use.

Breakup by End-Use:

  • Cellulose Acetate
  • Pharmaceuticals
  • Tetraacetylethylenediamine
  • Others
     

The report has segmented the global acetic anhydride market based on its end-use in various industries. The cellulose acetate flake manufacturing industry accounts for the majority of acetic anhydride consumption. Cellulose acetate flake is mainly used in the manufacturing of cigarette. This industry is followed by pharmaceuticals and TAED (Tetraacetylethylenediamine) manufacturing industry. In the pharmaceuticals industry, acetic anhydride is mainly used for manufacturing aspirin. Other applications of acetic anhydride include- the manufacturing of polymers/resins, dyes, flavours, fragrances, etc.

Breakup by Region:

  • China
  • North America
  • Western Europe
  • North East Asia
  • South East Asia
  • Middle East & Africa
  • Eastern Europe
     

The report has further segmented the global acetic anhydride market on the basis of its key regions. The report finds that North America currently represents the world’s biggest producer of acetic anhydride accounting for more than a third of the total global production. North America is followed by China, Western Europe, North East Asia and South East Asia. On the basis of the import and export data analysed by the report, Belgium represents the largest global importer of acetic anhydride followed by Germany, Netherlands, the United States of America and Switzerland.

Major Key Players:

The report has also analysed the key players which are currently operating in the global acetic anhydride market. Some of the companies analysed in the report include

  • Celanese
  • BP Chemicals
  • Eastman Chemical Company
  • BASF
  • Jubilant Life Sciences
  • DuPont
  • SABIC
  • PetroChina Ltd.
  • Sasol Limited
  • Daicel
  • Sipchem 
  • Rhodia
     

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units Million Tons, US$ Billion
Segment Coverage End-Use, Region
Region Covered  China, North America, Western Europe, North East Asia, South East Asia, Middle East & Africa, Eastern Europe
Companies Covered Celanese, BP Chemicals, Eastman Chemical Company, BASF, Jubilant Life Sciences, DuPont, SABIC, PetroChina Ltd., Sasol Limited, Daicel, Sipchem and Rhodia
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License $ 1999
Five User License $ 2499
Corporate License $ 2999
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Physical and Chemical Properties
    4.3    Key Industry Trends
5    Global Acetic Anhydride Industry
    5.1    Market Overview
    5.2    Market Performance
        5.2.1 Volume Trends
        5.2.2 Value Trends
    5.3    Impact of COVID-19 
    5.4    Price Trends
    5.5    Market Breakup by Region
    5.6    Market Breakup by End-Use
    5.7    Market Forecast
    5.8    SWOT Analysis
        5.8.1    Overview
        5.8.2    Strengths
        5.8.3    Weaknesses
        5.8.4   Opportunities
        5.8.5    Threats
    5.9   Value Chain Analysis
        5.9.1 Raw Material Procurement
        5.9.2 Manufacturing
        5.9.3 Distribution    
        5.9.4 Exports
        5.9.5 End-Use
    5.10    Porter’s Five Forces Analysis
        5.10.1 Overview
        5.10.2 Bargaining Power of Buyers
        5.10.3 Bargaining Power of Suppliers
        5.10.4 Degree of Competition
        5.10.5 Threat of New Entrants
        5.10.6 Threat of Substitutes
    5.11    Trade Data
        5.11.1 Imports
        5.11.2 Exports
    5.12    Key Market Drivers and Success Factors
6    Performance of Key Regions
    6.1    China
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    North America
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Western Europe
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    North East Asia
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    South East Asia
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Middle East & Africa
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Eastern Europe
        6.7.1 Market Trends
        6.7.2 Market Forecast
7    Market by End-Use
    7.1    Cellulose Acetate
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Pharmaceuticals
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Tetraacetylethylenediamine
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Competitive Landscape
9    Acetic Anhydride Manufacturing Process

    9.1    Product Overview
    9.2    Chemical Reactions Involved
    9.3    Detailed Process Flow
    9.4    Raw Material Requirements
    9.5    Mass Balance and Feedstock Conversion Rates
10    Acetic Anhydride: Feedstock Analysis
    10.1    Market Performance
        10.1.1 Volume Trends
        10.1.2 Value Trends
    10.2    Price Trends
    10.3    Market Breakup by Region
    10.4    Market Breakup by End-Use
    10.5    Key Suppliers

List of Figures

Figure 1: Global: Acetic Anhydride Market: Major Drivers and Challenges
Figure 2: Global: Acetic Anhydride Market: Production Volume Trends (in Million Tons), 2015-2020
Figure 3: Global: Acetic Anhydride Market: Production Value Trends (in Billion US$), 2015-2020
Figure 4: Global: Acetic Anhydride Market: Average Price Trends (in US$/Ton), 2015-2020
Figure 5: Global: Acetic Anhydride Market: Breakup by Region (in %), 2020
Figure 6: Global: Acetic Anhydride Market: Breakup by End-Use (in %), 2020
Figure 7: Global: Acetic Anhydride Market Forecast: Production Volume Trends (in Million Tons), 2021-2026
Figure 8: Global: Acetic Anhydride Market Forecast: Production Value Trends (in Billion US$), 2021-2026
Figure 9: Global: Acetic Anhydride Market Forecast: Average Price Trends (in US$/Ton), 2021-2026
Figure 10: Global: Acetic Anhydride Industry: SWOT Analysis
Figure 11: Global: Acetic Anhydride Industry: Value Chain Analysis
Figure 12: Global: Acetic Anhydride Industry: Porter’s Five Forces Analysis
Figure 13: Global: Acetic Anhydride Market: Import Value Breakup by Country
Figure 14: Belgium: Acetic Anhydride Market: Import Value Trends (in Tons)
Figure 15: Global: Acetic Anhydride Market: Export Value Breakup by Country
Figure 16: USA: Acetic Anhydride Market: Export Value Trends (in Tons)
Figure 17: China: Acetic Anhydride Market (in Million Tons), 2015 & 2020
Figure 18: China: Acetic Anhydride Market Forecast (in Million Tons), 2021-2026
Figure 19: North America: Acetic Anhydride Market (in Million Tons), 2015 & 2020
Figure 20: North America: Acetic Anhydride Market Forecast (in Million Tons), 2021-2026
Figure 21: Western Europe: Acetic Anhydride Market (in Million Tons), 2015 & 2020
Figure 22: Western Europe: Acetic Anhydride Market Forecast (in Million Tons), 2021-2026
Figure 23: North East Asia: Acetic Anhydride Market (in Million Tons), 2015 & 2020
Figure 24: North East Asia: Acetic Anhydride Market Forecast (in Million Tons), 2021-2026
Figure 25: South East Asia: Acetic Anhydride Market (in Million Tons), 2015 & 2020
Figure 26: South East Asia: Acetic Anhydride Market Forecast (in Million Tons), 2021-2026
Figure 27: Middle East & Africa: Acetic Anhydride Market (in Million Tons), 2015 & 2020
Figure 28: Middle East & Africa: Acetic Anhydride Market Forecast (in Million Tons), 2021-2026
Figure 29: Eastern Europe: Acetic Anhydride Market (in Million Tons), 2015 & 2020
Figure 30: Eastern Europe: Acetic Anhydride Market Forecast (in Million Tons), 2021-2026
Figure 31: Global: Acetic Anhydride Market: Cellulose Acetate (in Million Tons), 2015 & 2020
Figure 32: Global: Acetic Anhydride Market Forecast: Cellulose Acetate (in Million Tons), 2021-2026
Figure 33: Global: Acetic Anhydride Market: Pharmaceuticals (in Million Tons), 2015 & 2020
Figure 34: Global: Acetic Anhydride Market Forecast: Pharmaceuticals (in Million Tons), 2021-2026
Figure 35: Global: Acetic Anhydride Market: Tetraacetylethylenediamine (in Million Tons), 2015 & 2020
Figure 36: Global: Acetic Anhydride Market Forecast: Tetraacetylethylenediamine (in Million Tons), 2021-2026
Figure 37: Global: Acetic Anhydride Market: Other End-Uses (in Million Tons), 2015 & 2020
Figure 38: Global: Acetic Anhydride Market Forecast: Other End-Uses (in Million Tons), 2021-2026
Figure 39: Acetic Anhydride Manufacturing: Detailed Process Flow
Figure 40: Global: Acetic Acid Manufacturing Process: Conversion Rate of Feedstocks
Figure 41: Global: Acetic Acid Market: Consumption Volume Trends (in Million Tons), 2015-2020
Figure 42: Global: Acetic Acid Market: Consumption Value Trends (in Million Tons), 2015-2020
Figure 43: Global: Acetic Acid Market Forecast: Consumption Volume Trends (in Million Tons), 2021-2026
Figure 44: Global: Acetic Acid Market Forecast: Consumption Value Trends (in Million Tons), 2021-2026
Figure 45: Global: Acetic Acid Market: Average Price Trends (in US$/Ton), 2015-2026
Figure 46: Global: Acetic Acid Market: Breakup by Region (in %) 
Figure 47: Global: Acetic Acid Market: Breakup by End-Use (in %) 
Figure 48: Global: Acetic Acid Market: Key Players Production Capacity Breakup (in %)

List of Tables

Table 1: Acetic Anhydride: Physical Properties
Table 2: Acetic Anhydride: Chemical Properties
Table 3: Global: Acetic Anhydride Market: Key Industry Highlights, 2020 and 2026
Table 4: Global: Acetic Anhydride Market Forecast: Breakup by Region (in Million Tons), 2021-2026
Table 5: Global: Acetic Anhydride Market Forecast: Breakup by End-Use (in Million Tons), 2021-2026
Table 6: Global: Acetic Anhydride Market: Imports by Major Countries
Table 7: Global: Acetic Anhydride Market: Exports by Major Countries
Table 8: Acetic Anhydride Manufacturing: Raw Materials Requirements
Table 9: Acetic Anhydride Manufacturing: Chemical Reactions Involved 
Table 10: Global: Acetic Anhydride Market: Competitive Structure
Table 11: Global: Acetic Acid Market: Major Players

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Key Question Answered in this Report

The global acetic anhydride market size reached 2.8 Million Tons in 2020.

According to the estimates by IMARC Group, the global acetic anhydride market is expected to exhibit moderate growth during 2021 to 2026.

The extensive utilization of acetic anhydride in the manufacturing process of cellulose acetate, aspirin, perfumes, wood preservatives, etc., represents one of the key drivers for the global acetic anhydride market.

With an increase in the number of smokers globally, there has been a growing usage of acetic anhydride in the manufacturing of cellulose acetate, which is used to produce cigarette filter tow.

Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous chemical-based industries, thereby limiting the demand for acetic anhydride.

On the basis of the end-use, the market has been divided into cellulose acetate flake manufacturing industry, pharmaceuticals industry, and TAED (Tetraacetylethylenediamine) manufacturing industry and others. Among these, cellulose acetate flake manufacturing industry represents the largest segment.

On the basis of the import and export, the market has been segmented into Belgium, Germany, Netherlands, the United States of America, and Switzerland. At present, Belgium is the largest importer of acetic anhydride in the market.

Region-wise, the market has been classified into North America, China, Western Europe, North East Asia, South East Asia, and others, where North America dominates the global market.

The key companies in the global acetic anhydride market are Celanese, BP Chemicals, Eastman Chemical Company, BASF, Jubilant Life Sciences, DuPont, SABIC, PetroChina Ltd., Sasol Limited, Daicel, Sipchem, and Rhodia.

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