Acetic Anhydride Prices, Trend & Forecasts | Provided by Procurement Resource

Product Name - Acetic Anhydride
HS Code - 29152400

Region/Countries for which Data is available

Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco

Currency - US$ (Data can also be provided in local currency)

Supplier Database Availability - Yes
Customization Scope - Our services can be customized as per the requirements of the customer

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Acetic Anhydride is also called ethanoic anhydride. It is an organic compound with a formula of (CH₃CO) ₂O. It is widely employed in the creation of organic chemicals as a reagent. It has a molecular weight of about 102.09 g/mol. It has a very strong and pungent odor which is like vinegar.

Acetic Anhydride is a clear and colorless liquid in appearance. It is extensively used in the acetylation of alcohols and amines. It forms acetic acid when water is added to it and goes under exothermic reaction.

North America represents the world's largest producer of Acetic Anhydride across the globe and accounts for high market value. On the other hand, Belgium is the highest exporter of acetic anhydride and is further followed by countries like the Netherlands, Germany, and Switzerland.

Key Details About the Acetic Anhydride Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Acetic Anhydride price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Acetic Anhydride price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.

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Industrial Uses Impacting Acetic Anhydride Price Trend:

Industrial uses impacting the Acetic Anhydride price trend primarily include the rising demand for pharmaceuticals which is propelling the market growth. It is employed in several drugs like aspirin and paracetamol and is used as a raw substance in the production of drugs like cortisone and theophylline etc. Acetic Anhydride also finds its application in industries like Agrochemical, Laundry, and Cleaning.

Key Market Players:

Evonik Industries GmbH
Hubei Shengling Technology Co., Ltd.
Celanese Corporation,
Eastman Chemical Company,
Sahara International Petrochemical Company

News and Events:

March 2021 - The Celanese corporation announced the expansion of the line of production in Vinyl Acetate Monomer (VAM) in Nanjing, China. This programme was constructed to meet increasing demand from international and Asian clients with maintaining the ongoing business growth of acetic anhydride.

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This release was published on openPR.