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Global Acetic Anhydride Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Acetic anhydride, also referred to as ethanoic anhydride, is an organic substance with the chemical formula C4H6O3. Dehydrating acetic acid produces this compound. This clear liquid is used in the production of many different products, including medicines, plastics, dyes, perfumes, and explosives. It is widely used in the production of many pharmaceuticals, including aspirin and paracetamol.
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The Middle Eastern nations' consumption of the chemical has significantly increased, largely due to the high demand for it in numerous industrial applications. These include its use as a food additive and its necessity as a synthesizer for cellulose acetate, which is used to make cigarette filters. As a result of rising investments in Saudi Arabia's and the UAE's chemical manufacturing industries and the high growth potential of the regional chemical industry.
Some of the key players profiled in the Acetic Anhydride Market include BASF SE, BP PLC, Celanese Corporation, China National Petroleum Corporation, Daicel Corporation, DuPont, Eastman Chemical Company, Honeywell International Inc., Jiangsu Danhua Group Pvt Ltd, Jubilant Life Sciences Ltd., Kunshan Yalong Co. Ltd, Lonza Group Ltd., Luna Chemical Industries Pvt Ltd, PetroChina Ltd, SABIC, Sahara International Petrochemical Company, Sasol limited, Saudi International Petrochemical Company (Sipchem), Sigma Aldrich, Taj Pharmaceuticals Ltd and Thermo Fisher Scientific Inc.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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