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NEW YORK, March 11, 2021 /PRNewswire/ As per a report by P&S Intelligence, the global acetic anhydride market is expected to attain a revenue of $4,950.4 million by 2030, ad is predicted to progress at a 2.3% CAGR during the time period 2020–2030. The market is being driven by the swift expansion of the pharmaceutical industry in Asia-Pacific (APAC) and rising investments by drug manufacturers for developing new application of acetic anhydride. The compound is increasingly utilized as a synthesizer for producing aspirin and acetaminophen.
On the basis of application, the acetic anhydride market is divided into reagents, synthesizers, coating materials, plasticizers, and others. Out of these, the synthesizers division is predicted to advance at the fastest CAGR in the years to come, which can be ascribed to the large consumption of acetic anhydride as a synthesizer for producing cellulose acetate. As the demand for cellulose acetate from
Acetic Anhydride Market Analysis 2021– Industry Share, Global Size, Business Growth, Trend, Top Key Players, Demand and Comprehensive Research Study