Anhydride is an organic functional group which has two acyl groups attached with the oxygen atom. The formula of the anhydride is shown as (RC (O)) 2O. Anhydrides are prepared by various process but anhydride is mainly produced by the carbonylation of acetate such as maleic anhydride is produced by the oxidation of benzene or butane. Presently, anhydride available in several types such as acetic anhydride, maleic anhydride, isobutyric anhydride, propionic anhydride, phthalic anhydride, isatoic acid anhydride, and others.
Wide applications of anhydrides for production of dyes, surface active agents, lubricant additives, organic flame retardant materials, esters, flavors & fragrances are increasing the demand for anhydrides across several industry verticals. Moreover, huge demand for anhydrides for manufacturing of polymeric materials, pharmaceuticals and agrochemicals are also propelling the growth of anhydrides market across the globe. Leading market players are investing in acquisitions and product innovations to diversify their portfolio and to expand their business across the globe.
The Global Anhydrides Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
In the global Anhydrides Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Huntsman International
Laxness
BASF
Celanese Corporation
DuPont
Eastman
Solvay
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Acetic Anhydride
Maleic Anhydride
Isobutyric Anhydride
Propionic Anhydride
Phthalic Anhydride
Isatoic Acid Anhydride
Others
In Market segmentation by applications :
Pesticides
Plasticizer
Dye & Pigments
Additives
Flavors
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Anhydrides Market for the forecast period 2020 - 2026?
• What are the driving forces in the Anhydrides Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Anhydrides industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?