Global Acetic Anhydride Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Coating Material, Explosive, Plasticizer, Synthesizer, and Others.

By End User;

Tobacco, Pharmaceutical, Laundry & Cleaning, Agrochemical, Textile and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn105428183 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Acetic Anhydride Market (USD Million), 2021 - 2031

In the year 2024, the Global Acetic Anhydride Market was valued at USD 4,930.57 million. The size of this market is expected to increase to USD 7,268.12 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.

The Global Acetic Anhydride Market is a critical segment within the chemical industry, driven by its versatile applications across various sectors. Acetic anhydride, a colorless liquid with a pungent odor, serves as an essential intermediate in the production of a wide range of chemicals and pharmaceuticals. Its primary uses include the manufacture of acetylated derivatives, such as acetic acid, acetate esters, and pharmaceuticals like aspirin. The market for acetic anhydride is influenced by the growth and innovation in industries such as automotive, pharmaceuticals, and plastics.

In recent years, the Global Acetic Anhydride Market has witnessed significant expansion due to increasing industrial activities and rising demand for acetylated products. The growth of the automotive and packaging industries, driven by urbanization and changing consumer preferences, has further fueled demand. Additionally, advancements in manufacturing technologies and the introduction of more efficient production processes have contributed to market growth, enhancing the availability and cost-effectiveness of acetic anhydride.

However, the market is not without its challenges. Environmental regulations concerning the production and handling of acetic anhydride, coupled with the volatility in raw material prices, pose significant hurdles. Companies operating in this space are increasingly focusing on sustainable practices and exploring alternative production methods to mitigate these challenges. As the market continues to evolve, innovation and strategic investments will play crucial roles in shaping the future of the Global Acetic Anhydride Market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Acetic Anhydride Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial Growth
        2. Pharmaceutical Demand
        3. Coating Applications
      2. Restraints
        1. Environmental Regulations
        2. Raw Material Volatility
        3. High Production Costs
      3. Opportunities
        1. Emerging Markets
        2. Sustainable Technologies
        3. Expanding Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Acetic Anhydride Market, By Application, 2021 - 2031 (USD Million)
      1. Coating Material
      2. Explosive
      3. Plasticizer
      4. Synthesizer
      5. Others
    2. Global Acetic Anhydride Market, By End User, 2021 - 2031 (USD Million)
      1. Tobacco
      2. Pharmaceutical
      3. Laundry & Cleaning
      4. Agrochemical
      5. Textile
      6. Others
    3. Global Acetic Anhydride Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Dow Inc.
      3. Eastman Chemical Company
      4. Celanese Corporation
      5. BP p.l.c.
      6. Perstorp Holding AB
      7. INOVYN (INEOS Group)
      8. Huntsman Corporation
      9. SABIC (Saudi Basic Industries Corporation)
      10. LyondellBasell Industries Holdings B.V.
  7. Analyst Views
  8. Future Outlook of the Market