Global Acetic Anhydride Market
Global Acetic Anhydride Market - Image 2
  1. Global Acetic Anhydride Market
  2. Global Acetic Anhydride Market - Image 2

Global Acetic Anhydride Market

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Global Acetic Anhydride Market

The acetic anhydride market is experiencing significant growth, driven by its use in various applications such as cellulose acetate, pharmaceuticals, agrochemicals, and dyes. Acetic anhydride is a colorless liquid with a pungent odor, and it is produced by the reaction of acetic acid with ketene. The high reactivity of acetic anhydride makes it a popular reagent for various organic syntheses.

The growing demand for cellulose acetate, which is used in cigarette filters, eyeglass frames, and photographic film, is expected to be the primary driver of the market. The rising demand for pharmaceuticals, particularly in emerging markets, is also expected to boost the market growth.

The history of acetic anhydride dates back to the mid-19th century when it was first synthesized by the French chemist Charles Gerhardt in 1852. Gerhardt obtained acetic anhydride by heating a mixture of acetic acid and anhydrous acetic acid. He named the compound “anhydride acétique” and described its properties, including its ability to react with alcohols and amines.

In 1860, the German chemist August Wilhelm von Hofmann discovered that acetic anhydride could be used as an acetylating agent in organic synthesis. He used acetic anhydride to acetylate aniline, which led to the production of acetanilide, a compound that was later used as an analgesic and antipyretic.

During the late 19th century, acetic anhydride was used in the production of cellulose acetate, a polymer used in various applications such as photographic film and eyeglass frames. It was also used in the production of aspirin, an analgesic and anti-inflammatory drug.

In the early 20th century, the demand for acetic anhydride increased with the growth of the chemical industry. It was used in the production of various chemicals such as dyes, pigments, and pharmaceuticals. The use of acetic anhydride as a reagent in organic synthesis also increased, and it became an important tool for researchers and chemists.

Today, acetic anhydride is produced on a large scale using various methods such as the Wacker process and the ketene process. It is used in various industries such as pharmaceuticals, agrochemicals, and polymers, and it remains an important reagent in organic synthesis.

The Asia-Pacific region is the largest market for acetic anhydride, accounting for over 40% of the global market share. The region’s dominance can be attributed to the high demand for cellulose acetate and pharmaceuticals in countries like China, India, and Japan. The North American market for acetic anhydride is also expected to grow significantly due to the increasing demand for agrochemicals and pharmaceuticals in the region.

The market for acetic anhydride is highly competitive, with major players such as Celanese Corporation, Eastman Chemical Company, Jubilant Life Sciences, and BASF SE. These companies are focusing on expanding their product portfolio and strengthening their position in the market through strategic mergers and acquisitions. For instance, Celanese Corporation announced the acquisition of a 365,000 metric ton per year acetic anhydride plant in Singapore from Suzhou Sinopec Mitsui Chemicals.

The global pandemic has had a mixed impact on the acetic anhydride market. The closure of manufacturing plants and disruptions in supply chains have led to a decrease in demand for acetic anhydride in some industries. However, the rising demand for pharmaceuticals and medical equipment has led to an increase in demand for cellulose acetate, which has offset the negative impact of the pandemic on the market.

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