Acetic Anhydride Market trends research and projections for 2019-2025 Acetic Anhydride Market | Page 2

Expanding agriculture sector owing to favourable agro-climatic conditions may fuel
product demand. This product is utilized in acephate synthesis which is a pesticide
utilized in seed treatments along with crop protection from insect and microbes which
may foster acetic anhydride market size in forecasted timeframe.
Direct exposure or skin contact to this product can lead to medical ailments with low
to chronic disorders. Exposure for shorter periods to this product cause skin irritation
and dermatological disorders including bleeding from skin. Exposure for longer periods
can cause respiratory infections along with accumulation of toxic fluid in lungs causing
severe breathing problems which may hamper acetic anhydride market growth.
Asia Pacific market led by Australia, South Korea, Japan, India and China acetic
anhydride market may fuel owing to supportive government initiatives and subsidies
provided on agrochemical products should promote agricultural activities to ensure
high product yield. This product is utilized in pesticide and insecticide manufacturing
as it shields crops from getting infected from contaminants and bacteria which may
fuel market growth by 2025.
Global acetic anhydride market share is moderately fragmented with major players
includes BASF SE, Eastman Chemical Company, DuPont, Celanese Corporation,
PetroChina Ltd, Daicel Corporation, Luna Chemical Industries Pvt Ltd and Jubilant
Life Sciences. The chemical corporations are more focussed on expansion in North
America, Europe and Asia Pacific regions due to growing product applications in
agriculture and pharmaceutical industry which may stimulate the market size.
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