Acetic Anhydride Market was valued at USD 2.28 billion in 2020 and is expected to grow at a CAGR of 11% between 2021 and 2027. Acetic anhydride is a clear liquid with a pungent, penetrating vinegar-like smell. The biggest volume use for acetic anhydride is as raw material for cellulose acetate fiber and plastic. It is widely used as acetylating agent in chemical synthesis. Acetic anhydride is also a key raw material for the manufacture of aspirin, acetaminophen and other medicines.
Increasing demand for acetic anhydride in the pharmaceutical sector is bolstering market growth. It is widely used in the production of various drugs, such as paracetamol and aspirin. As some of these drugs are the most popular pharmaceutical, surge in health related problems such as backache, vomiting, fever among others is increasing their use refreshing the growth of acetic anhydride industry. It is also distributed as a raw material for the manufacture of drugs such as acetaminophen, cortisone and theophylline. The growing demand for hormonal drugs for the treatment of a variety of chronic diseases such as cancer, hormonal diseases such as allergic rhinitis, prostate disease, hypothyroidism and infertility, among others, offers even more stimulating market growth.
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Top Major Key Players Industries
Celanese Corporation
BP Chemicals
Eastman Chemical Company
Jubilant Life Sciences Ltd.
Daicel Corporation
PetroChina Company Limited
Saudi International Petrochemical Company (Sipchem)
Others
By Application
Coating Material
Explosive
Plasticizer
Synthesizer
Other Applications
By End-user Industry
Tobacco
Pharmaceutical
Laundry & Cleaning
Agrochemical
Textile
Other End-user Industries
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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