Price Trends of Acetic Anhydride in its Latest Insights and Dashboard
|Product Name||Acetic Anhydride|
Region/Countries for which Data is available
|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|
|Post-Sale Analyst Support||360-degree analyst support after service delivery|
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Acetic Anhydride is also called ethanoic anhydride. As a reagent, it is frequently used in the production of organic compounds. Its molecular mass is approximately 102.09 g/mol. It smells strongly like vinegar and is very pungent.
Acetic anhydride appears as a transparent, colourless liquid. It is widely employed in the acetylation of amines and alcohols. When water is added, it undergoes an exothermic reaction and produces acetic acid.
The largest producer of acetic anhydride in the world and the region with the highest market value is North America. The Netherlands, Germany, and Switzerland are the next-largest exporters of acetic anhydride, while Belgium is the top exporter overall.
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 procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Acetic Anhydride Price Trend:
The increased demand for medicines, which is driving the market expansion, is one of the most significant industrial uses that is having the biggest impact on the price trend of acetic anhydride. It is a component of several medications, including aspirin and paracetamol, and it serves as a raw material in the manufacturing of other medications including cortisone and theophylline. Additionally, acetic anhydride is used in sectors like agrochemicals, 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: Nanjing, China’s Vinyl Acetate Monomer (VAM) production line expansion was announced by Celanese Corporation. This initiative was developed to satisfy rising client demand from overseas and Asian markets while sustaining acetic anhydride’s continuous commercial expansion.
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