Global Acetic Anhydride Market 2015-2019 - Key Players are BASF, BP, Celanese, Eastman Chemical Company, Jubilant Life Sciences & Sigma Aldrich
DUBLIN, Mar. 30, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/l3jjmk/global_acetic) has announced the addition of the "Global Acetic Anhydride Market 2015-2019" report to their offering.
The analysts forecast the Global Acetic Anhydride market to grow at a CAGR of 1.82% over the period 2014-2019.
Acetic Anhydride, also known as ethanoic anhydride, is the simplest isolatable acid anhydride, produced from acetic acid. It has strong lachrymatory properties and finds usage in the manufacture of cellulose acetate, a commercially important chemical used in the production of cellulose acetate flakes and cellulose acetate plastics. Acetic anhydride is colorless, highly water reactive, and can cause harm to humans in its vapor state.
The constant decrease in acetic anhydride imports by China in the last decade owing to increased acetic anhydride production capacity in the country is the major trend being witnessed by the manufacturers in the market in recent years.
According to the report, increased demand for cigarette filter tow in emerging economies, especially in the BRIC nations, is the major driver for the growth of the market. The increase in smokers in these countries is benefitting the market, as acetic anhydride is used extensively for the production of cellulose acetate flake, the major raw material for producing cigarette filter tow.
Further, the report states that volatility in the pricing of methanol, the major raw material in the production of acetic acid, is one of the major challenges. In recent years, the prices of acetic anhydride have shown stagnant growth, making it difficult for manufacturers of acetic anhydride to maintain their profit margins.
The Global Acetic Anhydride market can be segmented on the basis of application into: Cellulose Acetate, Pharmaceuticals, TAED, PTMEG, and others.
Key Vendors
- BASF
- BP
- Celanese
- Eastman Chemical Company
- Jubilant Life Sciences
- Sigma Aldrich
Other Prominent Vendors
- Andhra Sugars
- Ashok Brothers
- Atanor
- Bufa Chemikalien
- City Chemical
- Daicel
- Euram Group
- Fischer Chemic
- Frutarom
- IOL Chemicals And Pharmaceuticals
- Jiangsu Danhua Group
- Jubilant Organosys
- Kunshan Yalong Trading
- Laxmi Organic Industries
- Long-Range Europe
- Lonza Group
- LUNA Chemicals
- Mil-Spec Industries
- Overlack
- Panreac Quimica
- PetroChina
- RedStar Turkey
- Saudi International Petrochemical
- Seidler Chemical
- Shanghai Pengkai Chemical
- Solvay
- The Dhampur Sugar Mills
- Zibo Pulisi Chemical
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Global Acetic Anhydride Market
- Market Segmentation by Application
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/l3jjmk/global_acetic
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets
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