Global Acetic Anhydride Market is Expected to Reach a Value of $3,662.3 Million by 2019

Date: 2015-08-13

“The  global acetic anhydride market has been segmented and analyzed on the basis of application and geography. The market data is provided with respect to volume (Kilo Tons) and value (USD Million). The global acetic anhydride market is expected to reach a value of $3,662.3 million by 2019, from $2,474.7 million in 2014, at a CAGR of 2.8% from 2014 to 2019. The data mentioned in the report are based on the regional demand for acetic anhydride. 

The global acetic anhydride market has been classified based on different applications, such as cellulose acetate, pharmaceuticals, and perfumes, among others. The cellulose acetate segment dominated the global market in 2014, having accounted for a share of 61.5%. The market in Asia-Pacific dominated the global acetic anhydride market, in terms of volume, in 2014, having accounted for a share of 46.0%. The growth of the global acetic anhydride market can be attributed to the rising demand for acetic anhydride in various industries, such as cigarette tow, automotive, construction, furniture, medical, textiles, dyes, and pharmaceuticals, among others.

The different companies operating in this market have been comprehensively profiled in the report. The key companies in this market are Eastman Chemicals Company (U.S.), Celanese Corporation (U.S.), BP Chemicals Ltd. (U.K.), Anhui Wanwei Group (China), Jubilant Life Science (India), Jilin Chemical Industries Co. Ltd. (China), and Daicel Corporation (Japan), among others. The report also presents a competitive landscape covering the different strategies and developments such as mergers & acquisitions, joint ventures, new product launches, expansions, agreements, and  collaborations  undertaken by the leading market players in the past few years.  

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