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Market Overview:International Acetic Anhydride Market is expected to witness significant growth at a significant rate during the forecast period 2017-2023. Acetic Anhydrite Market is mostly powered by its huge application with the conversion of cellulose to cellulose acetate. It is also made use of as among the most crucial components of photographic film. It is highly used among coating materials. There is a significant demand for cellulose acetate, enriching the Acetic Anhydride Market.
There is a noteworthy demand of Acetic Anhydrite Market with filter tow applications in cigarettes. There is a massive Acetic Anhydride demand from the pharmaceutical industry as well.Among others, the concerns of generic health issues varying from cold to fever are also considered as a factor as it has boosted demand for paracetamol that is produced using Acetic Anhydride.
Acetic Anhydride is highly looked for when it comes to the manufacturing tetraacetylethylenediamine (TAED).The demand for it has grown due to its extensive usage asa bleach activator in laundry detergents. The market is also powered by significant usage of it as a solvent. In fact, it is considered as a keyelement in the production of a pesticide like acephate. It is equally looked forin production of various other herbicides as well.The level of demand for Acetic Anhydride has enormously grown for various applications ranging from polymer, resin, flavors, fragrance, and modified starch.At the same time, the product is used for makingpolytetramethylene ether glycol for the production of spandex.
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Industry News:
3rd Watch News publishes a report about the growth prospects of the International Acetic Anhydride Market. It analyses all the key dimensions of the market and studies the intrinsic factors associated with the same. The report also covers the regions expected to be the dominant ones for the International Acetic Anhydride Market all around.
Segmentation:
The International Acetic Anhydride Market is segmented on the basis of its Application, End-User, and Region.
On the basis of Application, Global Acetic Anhydride Market is segmented into cigarette filter tows, intermediate, coating materials, dye, flavors& fragrance, pesticides, synthesizer, and others.
On the basis of End-User, Global Acetic Anhydride Market is segmented into pharmaceuticals, textiles, agrochemicals, food & beverages, and others.
On the basis of Region, the International Acetic Anhydride Market is classified into five regions of North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Among these, North America is considered the most prominent market.
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Regional Analysis:
From a regional perspective, the International Acetic Anhydride Market is segmented into five regions of North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
North America is undoubtedly the leading Acetic Anhydride Market involving significant demand for cellulose acetate and the pharmaceutical industry. The U.S is undoubtedly a major player in this domain.
The Asia Pacific is expected to be the swiftest growing region in the market during the forecasted period. To be specific, nations like China, Japan, and India are the leading players in this domain. China, among these, is expected to lead from the front.
Middle East & Africa are also showing incredible prospects due to the growing demand from pharmaceutical industries.
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