Global Acetic Anhydride Market to be Driven by Growing Healthcare Sector During Forecast Period 2021-2026 – Instant Interview

Expert Market Research’s new report titled “Global Acetic Anhydride Market Report and Forecast 2021-2026′, gives an in-depth analysis of the global acetic anhydride market, assessing the market based on its segments such as application and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

Note 1: For an overview of primary and secondary market data (2015-2025), along with business strategies and detailed market segmentation, please click on the sample demand report. The sample report will be delivered to you within 24 hours.

Request a free PDF sample or view the report summary:

Key highlights of the report include:

Market Overview (2016-2026)

  • Historical CAGR (2016-2020): 5%

the Health care in developing countries in the Asia-Pacific region, such as China, India, Thailand and Indonesia, has experienced rapid expansion in recent years, due to increased investment in research and development (R&D) and geographic expansion of major drug manufacturers in the region. This is due to the high growth potential of the medical sector in these countries, as well as the availability of labor and low-cost raw materials. Due to the compound’s requirement as a synthesizer in aspirin, acetaminophen, and a variety of other medicinal drugs, there is a high demand for it. During the forecast period, the consumption of the compound is expected to rise owing to the growing number of drug manufacturing plants, thereby boosting the global acetic anhydride market.

Industry definition and major segments

The chemical compound with the formula (CH3CO)2O is acetic anhydride, also called ethanoic anhydride. It is often abbreviated Ac2O. It is a colorless liquid with a heavy acetic acid smell, which is created when it reacts with the humidity in the air.

Explore the full report with table of contents:

Based on application, the industry can be divided into:

Regionally, the market is segmented into:

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East and Africa

Market trends

Recently, some key industry developments have shown the potential to drive the market growth over the forecast period. For example, BP plc and China’s Zhejiang Petroleum and Chemical Corporation (ZPCC) signed a memorandum of understanding in October 2019 to explore forming a new, equally-owned joint venture to develop and operate a million tons per annum (tpa) acetic acid plant in eastern China. To manufacture acetic acid, the proposed facility in Zhoushan, Zhejiang province, will use BP’s CATIVA XL technology.

Main market players

Major market players include Celanese Corporation, BP Chemicals, Eastman Chemical Company, Jubilant Life Sciences Ltd., Daicel Corporation, PetroChina Company Limited, Saudi International Petrochemical Company (Sipchem) and others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

Note 2: As the novel coronavirus (COVID-19) continues to spread across the globe, our analysts are continuously monitoring the impact of this rapidly evolving situation on markets and consumer buying behaviors. Thus, our latest estimates and analysis on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports and advisory services to our clients. We serve a wide clientele ranging from Fortune 1000 companies to small and medium-sized businesses. Our reports cover over 100 industries in established and emerging markets researched by our trained analysts who track the latest economic, demographic, business and market data globally.

At Expert Market Research, we tailor our approach based on the needs and preferences of our clients, providing them with valuable, actionable and up-to-date market insights, helping them realize their optimal growth potential. We offer market intelligence across a range of verticals including Pharmaceuticals, Food & Beverage, Technology, Retail, Chemicals & Materials, Energy & Mining, Packaging and agriculture.

We also provide state-of-the-art shopping insights through our platform, Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market insights, supply chain insights, sourcing analytics, and procurement insights. categories with our in-depth and infallible market reports, cost of production reports, price analysis and benchmarking.

Expert information (, the Spanish variant of Expert Market Research, is a platform that offers market research and consulting services to a wide customer base in Spanish-speaking countries. Focusing primarily on the Latin American and Spanish markets, our research experts provide relevant and actionable market insights and track key trends, economic developments and global trade data.

Determined to bring client satisfaction, we ensure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and custom research reports cover a wide range of industries from pharmaceuticals and food and beverages to packaging, logistics and transportation.

Media Contact

Company Name: Market Research Expert
Contact: Adam Lee, Corporate Sales Specialist – United States
Toll Free: USA +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States

* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.