Global Acetic Anhydride
Market Report
2025
Acetic Anhydride Market size is USD 3152.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Acetic Anhydride market size is USD 3152.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Acetic Anhydride Market Sales Revenue | 121212 | $ 3152.2 Million | 121212 | 121212 | 121212 | 4% |
North America Acetic Anhydride Market Sales Revenue | 121212 | $ 1260.88 Million | 121212 | 121212 | 121212 | 2.2% |
Europe Acetic Anhydride Market Sales Revenue | 121212 | $ 945.66 Million | 121212 | 121212 | 121212 | 2.5% |
Asia Pacific Acetic Anhydride Market Sales Revenue | 121212 | $ 725.01 Million | 121212 | 121212 | 121212 | 6% |
South America Acetic Anhydride Market Sales Revenue | 121212 | $ 157.61 Million | 121212 | 121212 | 121212 | 3.4% |
Middle East and Africa Acetic Anhydride Market Sales Revenue | 121212 | $ 63.04 Million | 121212 | 121212 | 121212 | 3.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Acetic Anhydride Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The manufacturing, distribution, and application of a multipurpose chemical substance utilized in numerous sectors are all included in the acetic anhydride market. Primarily sourced from acetic acid, acetic anhydride is essential in producing medicines, agrochemicals, textiles, and other goods. It is widely used as a reagent in organic synthesis, especially when making cellulose acetate and other acetate esters. Manufacturing agrochemicals, textile processing, and medication synthesis are just a few industries the acetic anhydride industry helps sustain. The demand for acetic anhydride is anticipated to remain strong as industries continue to develop and change, propelling the global market's growth.
Growth is driven by the increasing applications of acetic anhydride in various sectors. Its ability to improve stain removal efficacy in laundry detergents as a forerunner to TAED indicates its versatility. Furthermore, acetic anhydride is a crucial intermediary used in the pharmaceutical industry to make a variety of medications, such as aspirin and paracetamol. Acetic anhydride needs are directly correlated with the increased demand for these pharmaceuticals, driven by factors including population growth and developments in healthcare. The demand for acetic anhydride is anticipated to rise due to its critical function in numerous sectors, which highlights the significance of this fundamental chemical component.
Expanding certain end-user sectors, such as tobacco, agrochemicals, and textiles, supports the demand for acetic anhydride. Acetic anhydride plays a crucial role in producing cellulose acetate flakes, which are widely used in textile applications and have characteristics including durability and adaptability. Furthermore, acetic anhydride is used by the tobacco industry to produce cellulose acetate tow, which is a crucial part of cigarette filters. Furthermore, acetic anhydride is an essential component in synthesizing several agrochemicals, which help support agricultural practices by facilitating the manufacturing of herbicides and pesticides. Acetic anhydride is expected to become more in demand as these businesses grow, underscoring its significance in various industries.
Manufacturers of acetic anhydride face major difficulties due to fluctuating raw material costs, especially those of acetic acid. The price volatility of acetic acid, a vital precursor, directly impacts production costs and the profitability of acetic anhydride makers. Unexpected price hikes for acetic acid may increase manufacturing costs and reduce profit margins. On the other hand, while acetic acid price drops may offer short-term respite, they may also cause problems for supply chains and contractual obligations. Manufacturers frequently employ hedging techniques, negotiate long-term supply contracts, and look for alternate sourcing possibilities to lessen the effects of shifting raw material costs and preserve market stability and competitiveness.
The market for acetic anhydride has been affected by the COVID-19 epidemic in several ways. Production numbers were first impacted by a decline in demand from sectors such as textiles, medicines, and agrochemicals due to lockdown measures and supply chain disruptions. The necessity of the pharmaceutical industry, however, offset part of the fall, as acetic anhydride is still needed for the production of drugs, particularly necessary ones like paracetamol. The market recovered as economies progressively opened again and consumer demand increased. Furthermore, the pandemic's increased emphasis on hygiene and cleanliness raised the demand for laundry detergents, supporting the usage of acetic anhydride in manufacturing TAEDs. Overall, the acetic anhydride market showed resilience and adaptation in response to shifting market dynamics, notwithstanding the initial obstacles brought by COVID-19.
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Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.
Top Companies Market Share in Acetic Anhydride Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The market for acetic anhydride is expanding in North America due to its wide range of agrochemicals, textiles, and pharmaceutical applications. The need for processed textiles and a healthy pharmaceutical industry keep the need for acetic anhydride in the region high. Furthermore, the expansion of the agrochemical industry has pushed the market forward and established North America as a major player in the global acetic anhydride market.
The Europe region is witnessing an increase in the sales of reagents. The market for acetic anhydride is expanding in Europe due to its numerous uses in agrochemicals, textiles, and pharmaceuticals. Acetic anhydride is being used more and more by European companies for a variety of production processes, with a focus on innovation and sustainability. The European market for acetic anhydride is growing due to the region's thriving pharmaceutical industry and developing textile sector.
The current report Scope analyzes Acetic Anhydride Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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As per the current market study, out of xxxx Million USD global market revenue 2025, North America market holds xx% of the market share. The North America Acetic Anhydride industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
According to Cognitive Market Research, the global Acetic Anhydride market size was estimated at USD 3152.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1260.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031. The market for acetic anhydride is booming in North America because of its wide range of uses. One notable industry leader is the pharmaceutical industry, which uses acetic anhydride in the manufacture of drugs for products like aspirin and paracetamol. North America's acetic anhydride dependency supports market expansion due to the region's strong pharmaceutical industry and rising healthcare product demand. The region's dominant position in the worldwide acetic anhydride market is further reinforced by its usage in other industries like coatings, agrochemicals, and textiles.
Country Analysis
As per the current market study, out of xxxx Million USD global market revenue 2025, Europe market holds xx% of the market share. The Europe Acetic Anhydride industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
According to Cognitive Market Research, with a market value of USD 3152.2 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 945.66 million. The market for acetic anhydride is expanding steadily in Europe thanks to its many uses in a variety of industries. One major force is the pharmaceutical industry, which uses acetic anhydride in the production of drugs, particularly aspirin and paracetamol. The focus on innovation and sustainability in Europe facilitates the growth of the market, since acetic anhydride finds application in coatings, agrochemicals, and textiles. The demand for acetic anhydride is anticipated to stay strong as Europe prioritizes environmental stewardship and technical improvements, securing the region's position as a major participant in the worldwide market.
As per the current market study, out of xxxx Million USD global market revenue 2025, Asia Pacific market holds xx% of the market share. The Asia Pacific Acetic Anhydride industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
According to Cognitive Market Research, the global Acetic Anhydride market size was estimated at USD 3152.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 725.01 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031. The growing textile and pharmaceutical industries in the Asia Pacific region are fueling the market's notable expansion for acetic anhydride. Asia Pacific is significantly dependent on acetic anhydride for drug manufacturing and textile processing due to its vast population and rising demand for textiles and medications. The growing agrochemical industry in the area also helps to propel market expansion. The demand for acetic anhydride is predicted to rise as Asia Pacific continues to urbanize and industrialize, making the region a major player in the worldwide acetic anhydride market.
As per the current market study, out of xxxx Million USD global market revenue 2025, South America market holds xx% of the market share. The South America Acetic Anhydride industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
According to Cognitive Market Research, the global Acetic Anhydride market size was estimated at USD 3152.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 157.61 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031. The market for acetic anhydride in Latin America is expanding due to its wide range of industrial uses. One significant industry driver is the pharmaceutical sector, which uses acetic anhydride in the production of drugs for products like aspirin and paracetamol. The region's growing agrochemical and textile industries also support market expansion. Acetic anhydride is in high demand due to Latin America's expanding population, rising healthcare and agricultural product demands, and region's growing prominence in the worldwide market.
As per the current market study, out of xxxx Million USD global market revenue 2025, Middle East and Africa market holds xx% of the market share. The Middle East and Africa Acetic Anhydride industry grew from xxxx Million USD in 2021 to xxxx Million USD in 2025 and will record xx% growth. In coming future this industry will reach xxxx Million by 2033 with a xx% CAGR.
According to Cognitive Market Research, the global Acetic Anhydride market size was estimated at USD 3152.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 63.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031. The market for acetic anhydride in the Middle East and Africa is expected to rise, thanks to its widespread use in many sectors. One notable driver is the pharmaceutical industry, which uses acetic anhydride in the production of drugs. The expanding agrochemical and textile industries in the area also aid in market expansion. The demand for acetic anhydride in the Middle East and Africa is predicted to rise due to rising rates of industrialization and urbanization, as well as increased healthcare and agricultural product consumption. This will create opportunities for market players operating in the region.
Global Acetic Anhydride Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Acetic Anhydride Industry growth. Acetic Anhydride market has been segmented with the help of its Type, Application , and others. Acetic Anhydride market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, Coating Material held the major market share over the forecast period. Because acetic anhydride is used to make cellulose acetate, a crucial component of coatings, the coating material sector is propelling the market's expansion. Due to its function in the manufacture of cellulose acetate, acetic anhydride improves the durability and weather resistance of coatings, making them appropriate for use in paints, varnishes, and coatings for various industries and propels market expansion.
Explosives are the fastest-growing category over the forecast period. Because they are used to make acetate explosives, the explosives segment helps the acetic anhydride market expand. Acetic anhydride, which provides stability and dependability in explosive formulations, is an essential precursor in producing these explosives. Utilizing acetic anhydride is one way that the growing need for explosives in the mining, construction, and defense industries drives this segment.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Acetic Anhydride Industry. Request a Free Sample PDF!
According to Cognitive Market Research, Pharmaceutical companies hold a prominent market share. Since the molecule is used in the manufacture of numerous medications and pharmaceutical intermediates, the pharmaceutical industry is a major growth driver in the acetic anhydride market. Acetic anhydride is essential for producing drugs like aspirin and paracetamol. The pharmaceutical industry's dependence on acetic anhydride keeps the market expanding due to the rising demand for medicinal products worldwide.
Laundry & Cleaning is the fastest-growing category over the forecast period. Tetraacetylethylenediamine, or TAED, is a crucial component of laundry detergents, and its manufacturing by the laundry and cleaning segment is driving the demand for acetic anhydride. The manufacture of TAED requires acetic anhydride as a precursor, which improves the stain-removal capabilities of laundry detergents. Since consumers' need for effective cleaning products is growing, the application of acetic anhydride in this sector is still responsible for market expansion.
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
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Type | Coating Material , Explosive , Plasticizer , Synthesizer , Other Applications |
Application | Tobacco , Pharmaceutical , Laundry & Cleaning , Agrochemical , Textile , Other End-user Industries |
List of Competitors | Eastman (USA), Celanese (USA), Lonza (Switzerland), BP (UK), BASF (Germany), Jubilant Life Sciences (India). |
This chapter will help you gain GLOBAL Market Analysis of Acetic Anhydride. Further deep in this chapter, you will be able to review Global Acetic Anhydride Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Acetic Anhydride. Further deep in this chapter, you will be able to review North America Acetic Anhydride Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Acetic Anhydride. Further deep in this chapter, you will be able to review Europe Acetic Anhydride Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Acetic Anhydride. Further deep in this chapter, you will be able to review Asia Pacific Acetic Anhydride Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Acetic Anhydride. Further deep in this chapter, you will be able to review South America Acetic Anhydride Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Acetic Anhydride. Further deep in this chapter, you will be able to review Middle East and Africa Acetic Anhydride Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Acetic Anhydride. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Acetic Anhydride market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Coating Material have a significant impact on Acetic Anhydride market? |
What are the key factors affecting the Coating Material and Explosive of Acetic Anhydride Market? |
What is the CAGR/Growth Rate of Tobacco during the forecast period? |
By type, which segment accounted for largest share of the global Acetic Anhydride Market? |
Which region is expected to dominate the global Acetic Anhydride Market within the forecast period? |
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