The global demand for Acetic Anhydride reached approximately 2250 thousand tonnes in 2024 and is projected to expand at a compound annual growth rate (CAGR) of 4.38% through 2035. In 2023, Jubilant Ingrevia Limited increased its Acetic Anhydride production capacity by 60 thousand tonnes, bringing its total capacity to 110 thousand tonnes at its Bharuch facility in Gujarat. Similarly, IOL Chemicals and Pharmaceuticals Ltd. expanded its capacity by 25 thousand tonnes, raising its overall capacity to around 43 thousand tonnes at its Sangrur plant in Punjab.
Acetic anhydride, also known as ethanoic anhydride, is an organic compound with the chemical formula C4H6O3. This compound is synthesized by dehydration of acetic acid. This colorless liquid is used to manufacture various commodities such as drugs, plastics, dyes, perfumes, explosives, etc. It is widely employed in the manufacture of several medications, including aspirin and paracetamol. These medications are among the most widely used, and the rise in health problems including aches, nausea, and fever, among others, is driving up demand for them. Moreover, it is used as a raw ingredient in the production of other medicines as well including acetaminophen, cortisone, theophylline, etc. Other applications of acetic anhydride also include the production of cellulose acetate and its usage as an organic reagent for manufacturing other chemicals.
The growing demand for drugs across the globe is mainly driving the acetic anhydride market. Furthermore, the growing need for hormone medications to address a variety of chronic illnesses like cancer and hormonal disorders like infertility, allergic rhinitis, prostate issues, hypothyroidism, and others, also provides a push to the acetic anhydride market. The packaging industry is increasingly using cellulose acetate (a derivative of acetic anhydride) as a substitute for petroleum-based materials due to its biodegradable qualities, which further adds up to the market expansion. The size of the global Acetic Anhydride market in terms of volume is estimated to reach nearly 3585 thousand tonnes by 2035.
Based on region, Asia Pacific is dominating the global Acetic Anhydride market, followed by North America. In 2024, Asia Pacific held a market share approximately of 50% of the global Acetic Anhydride. Also, the demand for generic medications like aspirin is rising as a result of the region's favorable measures accelerating access to healthcare in various nations such as India and China which is anticipated to propel the acetic anhydride market in the upcoming years. In terms of production, the Asia Pacific region is again in the lead with China and India being the biggest stakeholders.
Based on the end-user industry, the global Acetic Anhydride market is segmented into Cellulose Acetate, Industrial Starch, Pharmaceuticals, Agrochemicals and Others (Artifical sweetners, Acetylated Wood, Nutrition, etc.). Among these, the Cellulose Acetate is in the lead and held more than 45% of the market share in 2024. Additionally, the Industrial Starch segment is also a prominent consumer of the Acetic Anhydride market.
Major players in the production of Global Acetic Anhydride are Eastman Chemical Co, Ineos Acetyls, Jubilant Ingrevia Limited, Wanglong Tech Co Ltd, Celanese Corporation, and Others (Sahara International Petrochemical Company (SIPCHEM), Anhui Wanwei Group Co.,Ltd, etc.)
Years considered for this report:
Historical Period: 2015- 2023
Base Year: 2024
Estimated Year: 2025
Forecast Period: 2026-2035
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Objective of the Study:
• To assess the demand-supply scenario of Acetic Anhydride which covers production, demand and supply of Acetic Anhydride market in the globe.
• To analyse and forecast the market size of Acetic Anhydride
• To classify and forecast Global Acetic Anhydride market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Acetic Anhydride market in the globe.
To extract data for Global Acetic Anhydride market, primary research surveys were conducted with Acetic Anhydride manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Acetic Anhydride market over the coming years.
ChemAnalyst calculated Acetic Anhydride demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce Acetic Anhydride. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Acetic Anhydride manufacturers and other stakeholders
• Organizations, forums and alliances related to Acetic Anhydride distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Acetic Anhydride manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, the Global Acetic Anhydride market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2024
2250 thousand tonnes
Market size Volume by 2035
3585 thousand tonnes
Growth Rate
CAGR of 4.38% from 2025 to 2035
Base year for estimation
2025
Historic Data
2015 – 2024
Forecast period
2026 – 2035
Quantitative units
Demand in thousand tonnes and CAGR from 2025 to 2035
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share
Segments covered
By End-Use: (Cellulose Acetate, Industrial Starch, Pharmaceuticals, Agrochemicals, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of the Acetic Anhydride market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Acetic Anhydride.
3. Capacity By Location
To better understand the regional supply of Acetic Anhydride by analyzing its manufacturers location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company
Study the historical annual production of Acetic Anhydride by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use
Discover which end-user industry (Cellulose Acetate, Industrial Starch, Pharmaceuticals, Agrochemicals, and Others (Artificial sweeteners, Acetylated Wood, Nutrition, etc.) are creating a market and the forecast for the growth of the Acetic Anhydride market.
7. Demand by Region
Analyzing the change in demand of Acetic Anhydride in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Acetic Anhydride. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Acetic Anhydride.
10. Company Share
Figure out what proportion of the market share of Acetic Anhydride is currently held by leading players across the globe.
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of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight
into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on
supply of the product in the market at a Global level.
What was the global market size of Acetic Anhydride in terms of volume in 2024?
Ans:
The global market size of Acetic Anhydride has grown significantly in the historic period of 2015-2024 and reached approximately 2245 thousand tonnes in 2024.
Q2.
Which region is leading as a consumer of Acetic Anhydride?
Ans:
Asia Pacific is the leading consumer of Acetic Anhydride on the global scale and held a market share of approximately 50% in 2024.
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