Oct 19, 2021   SOURCE: BusinessWire

Global Acetic Anhydride Market Outlook to 2026: Focus on Tobacco, Pharmaceutical, Laundry & Cleaning, Agrochemical, & Textile Industries - ResearchAndMarkets.com

The "Global Acetic Anhydride Market Outlook to 2026" report has been added to ResearchAndMarkets.com's offering.

Global acetic anhydride market is expected to witness a significant growth rate during the forecast period.

The acetic anhydride market is mainly driven by massive demand from the cigarette tow market. Acetic anhydride is also used in fragrances & flavors, dyes, and the textile industry. However, environmental regulations, coupled with the declining usage of acetic anhydride in cellulose acetate for domestic consumption, can significantly impact the market.

In terms of regional segmentation, the Asia Pacific region is anticipated to be the fastest-growing market due to increasing demand from end-user industries such as textiles, pharmaceuticals, and polymers. The demand for acetic anhydride is enormous from countries such as Japan, China, and India. North America is the leading market segment in terms of demand. This is due to the huge demand from the cellulose acetate market and the pharmaceutical industry. However, the North American region is declining due to strict environmental regulations.

In terms of End-user industry segmentation, the Pharmaceutical industry is the fastest-growing market. Acetic Anhydride is a key material required to produce chemicals such as aspirin, sulfa-drugs, sulfonamides, and paracetamol. The increase in the consumption of these drugs has also benefited the acetic anhydride market.

The market for acetic anhydride is partially fragmented. Major players in the acetic anhydride market were SABIC, BASF SE, DuPont, Honeywell, Eastman Chemical Company, Jubilant Life Sciences, and Sasol Limited, among others.

On January 1, 2021, INEOS completed the acquisition of BP's global Aromatics & Acetyls business. This acquisition consists of 15 sites across the world (5 in the Americas, 2 in Europe and 8 in Asia) along with 10 leading joint ventures (JVs). The acquisition was made for USD 5 billion.

Key Topics Covered:

1. Executive Summary

2. Research Scope and Methodology

2.1 Aim & Objective of the study

2.2 Market Definition

2.3 Study Information

2.4 General Study Assumptions

2.5 Research Phases

3. Market Analysis

3.1 Introduction

3.2 Market Dynamics

3.3 Market Trends & Developments

3.4 Market Opportunities

3.5 Regulatory Policies

3.6 Analysis of Covid-19 Impact

4. Industry Analysis

4.1 Supply Chain Analysis

4.2 Porter's Five Forces Analysis

5. Market Segmentation & Forecast

5.1 By Application

5.1.1 Coating Materials

5.1.2 Explosives

5.1.3 Plasticizers

5.1.4 Synthesizers

5.1.5 Other Applications

5.2 By End-user Industry

5.2.1 Tobacco

5.2.2 Pharmaceutical

5.2.3 Laundry & Cleaning

5.2.4 Agrochemical

5.2.5 Textile

5.2.6 Other End-user Industries

6. Regional Market Analysis

6.1 North America

6.1.1 United States

6.1.2 Canada

6.1.3 Mexico

6.2 Europe

6.3 Asia-Pacific

6.4 South America

6.5 Middle East & Africa

7. Key Company Profiles

7.1 BASF SE

7.2 BP PLC

7.3 Celanese Corporation

7.4 China National Petroleum Corporation

7.5 Daicel Corporation

7.6 DuPont

7.7 Eastman Chemical Company

7.8 Jiangsu Danhua Group Pvt Ltd

7.9 Jubilant Life Sciences

7.10 Luna Chemical Industries Pvt Ltd

7.11 Sasol limited

7.12 Sigma Aldrich

7.13 Sipchem

7.14 Taj Pharmaceuticals Ltd

7.15 Kunshan Yalong Co. Ltd

7.16 SABIC

7.17 PetroChina Ltd

7.18 Honeywell International Inc.

7.19 Thermo Fisher Scientific Inc.

7.20 Lonza Group Ltd.

8. Competitive Landscape

8.1 List of Notable Players in the Market

8.2 M&A, JV, and Agreements

8.3 Market Share Analysis

8.4 Strategies of Key Players

9. Conclusions and Recommendations

For more information about this report visit https://www.researchandmarkets.com/r/1a2jwq