KETENE MARKET ANALYSIS

Regional Analysis

On the basis of region, the market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific is expected to be the fastest growing market over the forecast period. This is owing to growing end-use industries in the region such as pharmaceuticals, chemicals, and paints and coatings. Increasing demand for acetic anhydride and diketene from China and India is also expected to contribute to its market share. North America is expected to be the second fastest market over the forecast period. This is owing to increasing demand for pharmaceutical aromatics, cellulose acetate and pigments in the region. The U.S. is a major growth engine in the region. The market growth in Europe is expected to be adversely impacted by stringent regulations from Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) and EU.