| Product Code: ETC13218286 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Acid Anhydrides Market was valued at USD 8.3 Billion in 2024 and is expected to reach USD 11.1 Billion by 2031, growing at a compound annual growth rate of 5.00% during the forecast period (2025-2031).
The Global Acid Anhydrides Market is experiencing steady growth due to their wide range of applications in industries such as construction, automotive, electronics, and pharmaceuticals. These chemicals are used as catalysts, plasticizers, and intermediates in the production of various products. The market is driven by increasing demand for plastic and polymer products, coupled with the growth of end-user industries in developing economies. Major players in the market are focusing on research and development initiatives to introduce innovative products and expand their market presence. However, environmental regulations regarding the use of acid anhydrides and the availability of substitutes may hinder market growth. Overall, the Global Acid Anhydrides Market is expected to continue growing due to the versatility and demand for these chemicals across industries.
The Global Acid Anhydrides Market is experiencing growth due to increasing demand from end-use industries such as construction, automotive, and electronics. The market is driven by the rising adoption of acid anhydrides in various applications including resins, plasticizers, and pharmaceuticals. Additionally, the growing emphasis on sustainable and eco-friendly products is creating opportunities for bio-based acid anhydrides. The market is also witnessing a shift towards developing economies in Asia Pacific and Latin America, where rapid industrialization and infrastructure development are driving the demand for acid anhydrides. However, challenges such as volatile raw material prices and stringent regulations regarding emissions are impacting market growth. Overall, the Global Acid Anhydrides Market presents opportunities for innovation, diversification, and strategic partnerships to meet the evolving demands of various industries.
The Global Acid Anhydrides Market faces several challenges including fluctuating raw material prices, strict environmental regulations, and increasing competition from alternative products. The volatility in raw material prices, such as crude oil and petrochemicals, can impact the production costs and profit margins of acid anhydride manufacturers. Additionally, stringent environmental regulations aimed at reducing emissions and promoting sustainability require companies to invest in costly compliance measures. Moreover, the market is witnessing a shift towards bio-based and environmentally friendly alternatives, posing a threat to traditional acid anhydride products. To stay competitive, companies in this market need to focus on innovation, sustainable practices, and cost-efficient production methods while also ensuring compliance with regulatory requirements.
The Global Acid Anhydrides Market is primarily driven by the growing demand from end-use industries such as construction, automotive, and electronics. The increasing use of acid anhydrides in the production of resins, plasticizers, and coatings due to their superior properties including high heat resistance and chemical stability is fueling market growth. Additionally, the rising adoption of acid anhydrides in the manufacturing of pharmaceuticals, agrochemicals, and food additives is contributing to market expansion. Furthermore, the growing trend towards sustainable and bio-based acid anhydrides to reduce environmental impact is expected to drive market growth in the coming years. Technological advancements, expanding industrialization, and increasing investments in research and development activities are also key drivers propelling the Global Acid Anhydrides Market.
Government policies related to the Global Acid Anhydrides Market primarily focus on regulating the production, transportation, and use of these chemicals due to their potential environmental and health hazards. Many countries have implemented strict regulations such as requiring companies to obtain permits for handling acid anhydrides, setting emission limits to reduce air pollution, and mandating safety measures to protect workers and the surrounding communities. Additionally, there are international agreements and conventions in place, such as the Rotterdam Convention, that aim to monitor and control the trade of hazardous chemicals including acid anhydrides. These policies are designed to ensure the safe and responsible management of acid anhydrides to minimize risks to human health and the environment.
The Global Acid Anhydrides Market is expected to witness steady growth in the coming years, driven by increasing industrial applications across various sectors such as construction, automotive, and pharmaceuticals. The demand for acid anhydrides is likely to be propelled by their use as raw materials for the production of resins, plastics, and specialty chemicals. Additionally, the rising need for advanced materials in the electronics and aerospace industries is anticipated to further boost market growth. However, factors such as stringent environmental regulations and fluctuating raw material prices could pose challenges to the market expansion. Overall, the Global Acid Anhydrides Market is projected to experience moderate growth, with key players focusing on product innovation and strategic partnerships to maintain a competitive edge in the market.
In the Global Acid Anhydrides Market, Asia is expected to witness significant growth due to the expanding chemical and construction industries in countries like China and India. North America is projected to remain a key market for acid anhydrides, driven by the robust presence of end-use industries such as automotive and electronics. In Europe, stringent environmental regulations are likely to propel the demand for eco-friendly acid anhydrides, especially in countries like Germany and the UK. The Middle East and Africa region is anticipated to experience steady growth in the market, supported by infrastructural development projects. Latin America is also poised for growth, fueled by increasing investments in sectors like pharmaceuticals and agriculture, creating opportunities for market players in the acid anhydrides industry.
Global Acid Anhydrides Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Acid Anhydrides Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Acid Anhydrides Market Revenues & Volume, 2021 & 2031F |
3.3 Global Acid Anhydrides Market - Industry Life Cycle |
3.4 Global Acid Anhydrides Market - Porter's Five Forces |
3.5 Global Acid Anhydrides Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Acid Anhydrides Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Global Acid Anhydrides Market Revenues & Volume Share, By composition, 2021 & 2031F |
3.8 Global Acid Anhydrides Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Global Acid Anhydrides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Acid Anhydrides Market Trends |
6 Global Acid Anhydrides Market, 2021 - 2031 |
6.1 Global Acid Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Acid Anhydrides Market, Revenues & Volume, By Pesticides, 2021 - 2031 |
6.1.3 Global Acid Anhydrides Market, Revenues & Volume, By Plasticizers, 2021 - 2031 |
6.1.4 Global Acid Anhydrides Market, Revenues & Volume, By Dyes & Pigments, 2021 - 2031 |
6.1.5 Global Acid Anhydrides Market, Revenues & Volume, By Additives, 2021 - 2031 |
6.1.6 Global Acid Anhydrides Market, Revenues & Volume, By Flavors, 2021 - 2031 |
6.1.7 Global Acid Anhydrides Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Acid Anhydrides Market, Revenues & Volume, By composition, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Acid Anhydrides Market, Revenues & Volume, By Inorganic, 2021 - 2031 |
6.2.3 Global Acid Anhydrides Market, Revenues & Volume, By Organic, 2021 - 2031 |
6.3 Global Acid Anhydrides Market, Revenues & Volume, By End-use, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Acid Anhydrides Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.3.3 Global Acid Anhydrides Market, Revenues & Volume, By Pharmaceuticals, 2021 - 2031 |
6.3.4 Global Acid Anhydrides Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.3.5 Global Acid Anhydrides Market, Revenues & Volume, By Agrochemicals, 2021 - 2031 |
6.3.6 Global Acid Anhydrides Market, Revenues & Volume, By Textiles, 2021 - 2031 |
6.3.7 Global Acid Anhydrides Market, Revenues & Volume, By Food & Beverages, 2021 - 2031 |
6.3.8 Global Acid Anhydrides Market, Revenues & Volume, By Others, 2021 - 2031 |
7 North America Acid Anhydrides Market, Overview & Analysis |
7.1 North America Acid Anhydrides Market Revenues & Volume, 2021 - 2031 |
7.2 North America Acid Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Acid Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
7.4 North America Acid Anhydrides Market, Revenues & Volume, By composition, 2021 - 2031 |
7.5 North America Acid Anhydrides Market, Revenues & Volume, By End-use, 2021 - 2031 |
8 Latin America (LATAM) Acid Anhydrides Market, Overview & Analysis |
8.1 Latin America (LATAM) Acid Anhydrides Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Acid Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Acid Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
8.4 Latin America (LATAM) Acid Anhydrides Market, Revenues & Volume, By composition, 2021 - 2031 |
8.5 Latin America (LATAM) Acid Anhydrides Market, Revenues & Volume, By End-use, 2021 - 2031 |
9 Asia Acid Anhydrides Market, Overview & Analysis |
9.1 Asia Acid Anhydrides Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Acid Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Acid Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
9.4 Asia Acid Anhydrides Market, Revenues & Volume, By composition, 2021 - 2031 |
9.5 Asia Acid Anhydrides Market, Revenues & Volume, By End-use, 2021 - 2031 |
10 Africa Acid Anhydrides Market, Overview & Analysis |
10.1 Africa Acid Anhydrides Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Acid Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Acid Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
10.4 Africa Acid Anhydrides Market, Revenues & Volume, By composition, 2021 - 2031 |
10.5 Africa Acid Anhydrides Market, Revenues & Volume, By End-use, 2021 - 2031 |
11 Europe Acid Anhydrides Market, Overview & Analysis |
11.1 Europe Acid Anhydrides Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Acid Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Acid Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
11.4 Europe Acid Anhydrides Market, Revenues & Volume, By composition, 2021 - 2031 |
11.5 Europe Acid Anhydrides Market, Revenues & Volume, By End-use, 2021 - 2031 |
12 Middle East Acid Anhydrides Market, Overview & Analysis |
12.1 Middle East Acid Anhydrides Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Acid Anhydrides Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Acid Anhydrides Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Acid Anhydrides Market, Revenues & Volume, By Application, 2021 - 2031 |
12.4 Middle East Acid Anhydrides Market, Revenues & Volume, By composition, 2021 - 2031 |
12.5 Middle East Acid Anhydrides Market, Revenues & Volume, By End-use, 2021 - 2031 |
13 Global Acid Anhydrides Market Key Performance Indicators |
14 Global Acid Anhydrides Market - Export/Import By Countries Assessment |
15 Global Acid Anhydrides Market - Opportunity Assessment |
15.1 Global Acid Anhydrides Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Acid Anhydrides Market Opportunity Assessment, By Application, 2021 & 2031F |
15.3 Global Acid Anhydrides Market Opportunity Assessment, By composition, 2021 & 2031F |
15.4 Global Acid Anhydrides Market Opportunity Assessment, By End-use, 2021 & 2031F |
16 Global Acid Anhydrides Market - Competitive Landscape |
16.1 Global Acid Anhydrides Market Revenue Share, By Companies, 2024 |
16.2 Global Acid Anhydrides Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |