Major demand from cellulose acetate and pharmaceuticals coupled with growing usage in laundry application to grow the demand for Acetic Anhydride in India for the forecast period.
According to ChemAnalyst report, “India Acetic Anhydride Market: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Acetic Anhydride market is projected to grow at a CAGR 6.44% during the forecast period due to increase in demand for Acetic Anhydride during the forecast period.
Most of the Acetic Anhydride produced in India is through a process called Ketene- Acetic Acid Technology. This process involves thermal cracking acetic acid to ketene and the subsequent reaction of the ketene with additional Acetic Acid to form acetic anhydride. Methyl acetate carbonylation is a second route. Some acetic acid is produced as a co-product in the methyl acetate carbonylation process.
Request Sample: https://www.chemanalyst.com/ChemAnalyst/RequestForm
Demand in pharmaceuticals is expected to rise due to increasing demand for aspirin in the forecast period. Apart from pharmaceuticals, demand in other end use such as Tetra Acetyle Ethylene Diamine (TAED) is also experiencing a growth trajectory due to rise in the demand for laundry detergents. Demand in cellulose acetate flakes is seeing a decreasing trend in the forecast period due to increasing use of E-cigarettes globally.
According to ChemAnalyst report, “India Acetic Anhydride: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”,
“Acetic Anhydride demand suffered a minor blow after the onset of coronavirus. As the major use of Acetic Anhydride in India is in the production of Cellulose Acetate flakes and in the pharmaceutical industry. There was a marginal effect of COVID-19 on the cigarette and pharma industries as the production was not hampered for more than two months. On most of the time the production was carried on with reduced staff. Acetic Anhydride demand from TAED production increased due to rise in the demand for hand wash and other cleaning products in the wake of COVID-19.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award winning research based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more
For more information, please visit us at www.chemanalyst.com
B-44 Sector-57 Noida,
National Capital Region
Email: [email protected]