Acetanilide Market Size, Share, Trends, Growth 2030

The global acetanilide market size was worth around USD 90.66 million in 2022 and is predicted to grow to around USD 140.77 million by 2030 with a compound annual growth rate (CAGR) of roughly 5.02% between 2023 and 2030.

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Global Acetanilide Market: Overview

Acetanilide is a solid chemical known as N phenylacetamide, acetanilide, or acetyl. Though, it was formerly known as antifebrin. It is an odorless solid with a flake or leaf-like appearance. It is very much used in rubber, dyes, and the pharmaceutical sector. It can be both organic and synthetic. It is efficient in treating pain and is an ideal alternative to aspirin for treating cramps and headache effects. However, it is created in a non-dispersive method. It was principally used as an intermediate dye and pharmaceutical synthesis as a plasticizer in polymer business, additive substance for hydrogen peroxide, and accelerator in the rubber business. It is widely derived from aniline, where hydrogen on the nitrogen atom is eventually replaced with an acetyl group.

Global Acetanilide Market: Growth Factors

The global acetanilide market is likely to witness an exponential growth rate in forthcoming years due to the exponentially growing demand from the rubber and pharmaceutical sector. Furthermore, the vital role of acetanilide in the pharmaceutical space in different applications like a building block and painkiller property in the combination of penicillin is further likely to drive the growth of the global acetanilide market during the forecast period. Additionally, the development in research and development activities in the pharmaceutical space, for instance, the combination of sulfa drugs, is likely to create several lucrative growth opportunities for acetanilide in the market in the forthcoming years. However, new product launches are likely to further spur the growth of the market. For instance, Bodal Chemicals Limited introduced Bodactive for textile and material enterprises.

The product is the expansion for reactive dyes, which incorporates ELF, CF Series, C Series, BHEl Series, BNC-HE Series, and BNC Special Series arrangement. Furthermore, acetanilide is a functional chemical that holds a critical significance in the pharmaceutical sector. The growing economies like India, Japan, and China are extensively using acetanilide pharmaceuticals like Chinese patent drugs, chemical medication, and drug preparation, thereby rapidly developing the pharmaceutical sector. Furthermore, the government of China has raised many concerns over pharmaceutical security, triggering the demand for high-grade acetanilide in the forthcoming years globally. Also, the growing investments in the pharmaceutical sector are further increasing the scope of the global market.

The outbreak of the Covid-19 positively impacted the growth of the global acetanilide market. However, the supply chain was disturbed, and manufacturing units were shut down, but still, there was a constant surge in demand for acetanilide, particularly for pharmaceutical products. Also, the post-Covid market landscape is likely to pave a positive trajectory for the growth of the global acetanilide market during the forecast period.

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Global Acetanilide Market: Segmentation

The global acetanilide market can be segmented into application, type, and region.

By application, the market can be segmented into pharmaceuticals, rubber dyes, and others. The pharmaceutical segment accounts for the largest share in the global acetanilide market due to the emergence of a number of applications. The technological advancements and innovation will further pave the way for the growth of the segment in the forthcoming years.

By type, the market can be segmented into crystal, liquid, and powder.

Acetanilide Market: Report Scope

Global Acetanilide Market: Regional analysis

Asia Pacific accounts for the largest share in the global acetanilide market due to the growing consumption of acetanilide in the end-user sectors like plastic, adhesive paints, and others in the region. Furthermore, the significant spike in demand for the production of coatings and dyes is also likely to propel the growth of the regional market. The growing investments in the region and increase in the per capita income of people will support the growth of the market.

Global Acetanilide Market: Competitive Players

• Luna Chemicals Industries 
• Corbion
• Panoli Intermediates
• Shree Pushkar Chemicals & Fertilizers
• Penta Manufacturing Company
• Pragna Dye Chem. Pvt. Ltd.
• Desicca Chemicals
• Bodal Chemicals Ltd.
• Kutch Chemical Industries Ltd.
• RLG Group

Global Acetanilide Market: Segment Analysis

By Type

• Crystal
• Liquid
• Powder

By Application

• Pharmaceuticals
• Rubber Dyes
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa