Monday 2 October 2017

Acetoacetanilide Market 2017: Analysis, Growth, Top Key Players, Drivers and Trends by Forecast to 2023

Acetoacetanilide is an organic white solid compound with the chemical formula CH3C(O)CH2C(O)NHC6H5. It is also known by various names such as 3-oxo-n-phenyl butanamide, acetylacetanilide, acetoacetylaminobenzene, beta-ketobutyranilide, n-phenylacetoacetamide, N-phenyl-3-oxobutanamide, AAA, AAN. Acetoacetanilide is a derivative of aromatic amine. It is soluble in a number of solvents like sodium hydroxide, ether, ethanol, chloroform, hot benzene and caustic soda solution while it is insoluble in water. Acetoacetanilide is produced by Acetoacetylation of aniline using diketene. Furthermore, Acetoacetanilide is used during the production of agrochemicals, paints & coating, dyes & pigments, co-promoters for unsaturated polyesters, and others.

Acetoacetanilide has found its use in numerous industries such as agriculture, pharmaceutical, plastic, paint & coatings, and others. Increasing in demand of agriculture industry is likely to drive the Acetoacetanilide Market growth. The growing paint & coating industry on account of developing domestic as well as commercial market particularly in Asia Pacific and Europe has boosted the Global Acetoacetanilide Market over the forecasted period.

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Regional Analysis:
Asia Pacific is the biggest market of Acetoacetanilide due to huge utilization in paint & coating industry, especially in China followed by India. Growing demand for agriculture, pharmaceutical, plastic, paint & coatings, and other industries in China, India, Japan, Taiwan, and South Korea has made Asia Pacific the largest competitor in the global Acetoacetanilide Market followed by Europe owing to the increasing demand for this product. In Europe, Acetoacetanilide Market is driven by pharmaceutical and agriculture industries. Additionally, the third largest market of Acetoacetanilide is  North America due to large utilization in  copromoter, pesticides, pigments, and others applications. Moreover, Latin America and Middle East are also observing the growth of Acetoacetanilide Market due to various industry such as agriculture, pharmaceutical, plastic, paint & coatings, and others.

Segmentation:
The Global Acetoacetanilide Market is majorly segmented on the basis of form, application, end users and region. Based on form of the product, acetoacetanilidethe market is segmented into dry powder, wet solid, and others. Based on application of acetoacetanilidethe market is segmented into copromoter, pesticides, pigments, and others. On the other hand, based on end user the market segmented into agriculture, pharmaceutical, plastic, paint & coatings, and others, and based on region, market is segmented into North America, Europe, APAC, Latin America, and Middle East & Africa.

Key Players:
Key players of the Global Acetoacetanilide Market are Eastman Chemical Company (US), Mitsuboshi Chemical Co.,Ltd. (Japan), Nantong Acetic Acid Chemical Co. ltd (China), Jiangyan Yangtze River Chemical Co., Ltd. (China), Jiangsu Tiancheng Biochemical Products Co.,Ltd. (China), Cangzhou Goldlion Chemicals Co.,Ltd (China), Jiangsu Changyu Chemical Co., Ltd. (China), Hangzhou Dayangchem Co.Limited (China), Jiaozhou Fine Chemicals Co. Ltd. (China), Laxmi Organic Industries Ltd (India), and others.

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