The India acetic anhydride market size reached USD 400.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 482.0 Million by 2033, exhibiting a growth rate (CAGR) of 2.1% during 2025-2033. The rising demand from pharmaceuticals, agrochemicals, and cellulose acetate production, increasing domestic manufacturing capabilities, government initiatives supporting chemical industries, and growing exports are some of the key factors positively impacting the India acetic anhydride market share.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 400.0 Million |
Market Forecast in 2033 | USD 482.0 Million |
Market Growth Rate 2025-2033 | 2.1% |
Expansion of Agrochemical and Pesticide Production
Acetic anhydride is a critical raw material for pesticide and herbicide synthesis. The rapid growth in India's agriculture sector is driving its demand, which is positively influencing the India acetic anhydride market outlook. The country is among the top global producers of agrochemicals, with domestic and export-oriented production growing due to increasing food security concerns, rising farm productivity initiatives, and government subsidies on fertilizers and pesticides. According to IBEF, India exports half of the total production of agrochemicals, making them the country's main source of income. Between April and September of 2024, agrochemical exports totalled USD 2.09 Million. Acetic anhydride is widely used in the manufacture of acephate and other organophosphate pesticides, which are extensively applied to crops such as rice, wheat, and cotton. The increasing global demand for agrochemicals is resulting in a growth of acetic anhydride consumption. Furthermore, manufacturing is shifting to India due to stronger environmental restrictions in countries such as the US and Europe for the production of pesticides, which is also increasing demand for acetic anhydride in the synthesis of agrochemicals.
Increasing Pharmaceutical Demand for Acetylated Compounds
India's pharmaceutical sector is a key driver for the acetic anhydride market. According to IBEF, it is anticipated that the pharmaceutical industry in India will reach a total market growth of USD 130 Millionby 2030 and USD 450 Million by 2047. The growth of the pharmaceutical sector leads to the increased production of aspirin, paracetamol intermediates, and other acetylated compounds. The country is a major global supplier of generic drugs, and the rising incidence of lifestyle diseases such as cardiovascular disorders and arthritis is increasing the demand for aspirin and other acetylated medications. Acetic anhydride plays a crucial role in acetylation reactions, making it indispensable for drug synthesis. Also, government initiatives and schemes encourage domestic active pharmaceutical ingredient (API) production, reducing dependency on imports. According to industry reports, in 2023–2024, India's pharmaceutical exports increased 9.67% to USD 27.9 Million. The growth in pharmaceutical exports is further increasing the demand for key intermediates, including acetic anhydride. Regulatory support for local drug production and investments in pharmaceutical infrastructure further bolster India acetic anhydride market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on application and end user.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes coating material, explosive, plasticizer, synthesizer, and others.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes tobacco, pharmaceutical, laundry and cleaning, agrochemical, textile, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Applications Covered | Coating Material, Explosive, Plasticizer, Synthesizer, Others |
End Users Covered | Tobacco, Pharmaceutical, Laundry and Cleaning, Agrochemical, Textile, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
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) |
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