Market Size of Acetic Anhydride Industry
| Study Period | 2019 - 2029 |
| Market Volume (2024) | 2.28 Million tons |
| Market Volume (2029) | 2.87 Million tons |
| CAGR (2024 - 2029) | 4.65 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Acetic Anhydride Market Analysis
The Acetic Anhydride Market size is estimated at 2.28 Million tons in 2024, and is expected to reach 2.87 Million tons by 2029, growing at a CAGR of 4.65% during the forecast period (2024-2029).
The market is majorly driven by the growing usage in laundry detergents and increasing demand from the pharmaceutical industry for acetic anhydride, as an intermediate.
- The growing usage of TAED in the laundry detergent segment has driven the market for acetic anhydride.
- Adoption of E-cigarettes and declining usage of acetic anhydride for cellulose anhydride is likely to hinder the market’s growth.
- Development of Acetylated Wood is projected to act as an opportunity for the market in future.
