Acetic Anhydride Market trends research and projections for 2019-2025 Acetic Anhydride Market

Acetic Anhydride Market 2019 By Industry Growth &
Regional Trend To 2025: Global Market Insights Inc.
According to new Global Market Insights, Inc, chemical research report Acetic
Anhydride Market size is anticipated to increase substantially in the coming years
owing to its wide utilization in tobacco, pharmaceutical, nutraceutical and coatings
industry. It is a colourless and transparent liquid which is used in chemical laboratories
as a reagent in synthetic compounds manufacturing. This product is manufactured
using recovered acetic acid from cellulose acetate operations for synthesis of different
compounds.
Global pharmaceutical industry is poised to surpass USD 1 trillion by 2025 owing to
rising expenditure on research to develop novel drugs supported by increasing
prevalence of general health ailments may fuel the acetic anhydride market demand.
Acetic anhydride is utilized in medicinal formulations including acetyl-p-aminophenol,
acetophenacetin, acetylsalicylic acid (aspirins) and paracetamol, which is likely to
propel anhydride industry growth.
This product is utilized in acetate fibres synthesis which act as a major component in
cigarette filter manufacturing. Acetate fibres are used in tar filtering due to its ability to
set a wavy band like configuration in these filters known as crimps. These crimps
accumulate toxic dust along with absorbing vapours, thus stimulating the acetic
anhydride market share.
Global textile market size is may exceed USD 1.2 trillion by 2025 owing to high
investments in textile production supported by shifting apparel trends towards durable
and protective textile will fuel product demand. This product is used in textile industry
as it helps in regulating cloth fibres pH levels which shield garments from getting pale
and dull. It is also used as a disinfectant in textile industry to remove microbial agents
which can cause inflammation and ailments thus propelling acetic anhydride market
revenue.
Global frozen food market is estimated to surpass USD 280 billion by 2023 owing to
easy availability through effective distribution channel will favour industry growth. This
chemical is utilized as a starch modifier in frozen food processing which benefits these
edibles by maintaining food stability against heat and mild acids thereby shielding food
product from getting oxidized. It also helps in protecting edibles from bacteria and
contaminants thereby increasing inventory time thus, stimulating acetic anhydride
market growth.
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