Acetic anhydride is colorless and has a pungent odor similar to acetic acid. Acetic anhydride is major consumed in cellulose acetates. Cellulose acetate derivatives Include cellulose acetate propionate (CAP), cellulose delectate and cellulose trip- acetate, acetaminophen, cellulose acetate butyrate (CAB). Cellulose acetate flakes are used in producing cigarette filters, plastics and filament yarns. Acetic anhydride finds applications In various applications such as agrochemicals, aromatics, beverages and pharmaceutical among others. Browse Full Report with TCO: towpath. ransparencymarketresearch. Mom/acetic-anhydride-market. HTML The market for acetic anhydride Is mainly driven by huge demand from cigarette tow market. Cellulose acetate is mainly consumed in cigarettes. Acetic anhydride is also used in fragrances & flavors, dyes and textile industry. Acetate cellulose in mainly used In acetate textile fibers thus driving the demand for acetic anhydride. In addition, acetic anhydride can be used in pharmaceuticals, artificial sweeteners, resins, polymers, coatings, modified starches and pesticides market.
Acetic anhydride a bleach activator in laundry detergents market. In addition, acetic anhydride is also used in manufacturing polycrystalline ether glycol which is used in manufacturing of pdex. However, declining usage of acetic anhydride in cellulose acetate for domestic consumption coupled with environmental regulations can have major impact on the market. In terms of demand, North America is the leading region owing to huge demand from cellulose acetate market coupled with huge demand from pharmaceutical industry.
However, the market for acetic anhydride is declining in North America region due to strict environmental regulations. Asia Pacific is anticipated to be the fastest growing market for acetic anhydride due to increasing demand from various end-user industries such as pharmaceutical, textiles, and polymers among others. The demand for acetic anhydride is huge from countries such as Japan, China and India. China and Japan were the leading consumers of acetic anhydride in Asia Pacific region.
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Numerous global manufacturers have started manufacturing cellulose acetate and acetic anhydride due to lower manufacturing and labor costs in China. India is likely to provide better opportunity for acetic anhydride market owing to increasing emend from industries such as pharmaceutical, textile and polymers market. Growing demand for tetraacetylethylenediamine (DATED) and cellulose acetate from laundry and cigarette markets respectively, are driving the acetic anhydride market in Europe. European countries such as Germany, the I-J, Italy and France were the major consumers of acetic anhydride in this region.
The Rest of the World market is anticipated to have stable demand for acetic anhydride market in the near future. Middle East is one of the largest markets for acetic anhydride in the Rest of the World owing to huge demand from pharmaceutical industry. The market for acetic anhydride is concentrated and is dominated by global players. Some of the key manufacturers in the acetic anhydride market are Celanese Corporation, BP Chemicals, BASS SE, DuPont, Eastman Chemical Company, Jubilant Life Sciences, SABINA, Petrochemical Ltd. , and Solo Limited among others.
Increasing manufacturing capacities and exploring new end-user industries has been the major strategy by the manufacturers to gain the market share. This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include North America Asia Pacific Europe Rest of the World Market growth drivers Factors limiting market growth Current market trends Market structure Market projections for upcoming years This report is a complete study of current trends in the market, industry growth drivers, and restraints.
It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter's five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. Read More Reports on Chemical and Materials Markets: http://www. transparencymarketresearch. Com/chemical-market-reports-2. HTML Reasons for Buying this Report 0 This report provides pin-point analysis for changing competitive dynamics 0 It provides a forward looking perspective on different factors driving or restraining market growth 0 It provides a technological growth map over time to understand the industry growth rate It provides a seven-year forecast assessed on the basis of how the market is predicted to grow 0 It helps in understanding the key product segments and their future 0 It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors About Us:Transparency Market Research (TOM) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers.
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Global Research Acetic Anhydride Market and Industry. (2018, Apr 12). Retrieved from https://phdessay.com/global-research-acetic-anhydride-market-and-industry/