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The market for ketene was mainly driven by acetic anhydride and diketene market. Acetic anhydride is used in manufacturing of cellulose acetates. Cellulose acetate flakes are used in producing plastics, cigarette filters and filament yarns among others. Acetic anhydride finds applications in various end-user industries such as aromatics, agrochemicals, pharmaceutical and beverages among others. Diketene is used in manufacturing of derivative such as amides and anilines which are used in manufacturing of pigments and dyestuffs. Ketene is used as replacement for polycarbonates, eliminating the usage of bisphenol A, considered as hazardous to health. Diketene derivatives such as diketene esters are used in various applications such as pharmaceutical, cosmetics, plasticizers, vitamin supplements and pigments among others. In medical and healthcare industry, ketenes are used in chemotherapy drugs which are to be targeted at a particular site. Ketenes also find appellations in wire and cables, piping and inks among others. However, environmental restrictions coupled health regulations associated with ketene industry are anticipated to hider the growth of the market in next few years.
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In 2013, Asia Pacific had the highest demand for ketene amongst all regions. Asia Pacific is also considered among fastest growing markets for ketene due to increasing demand acetic anhydride and diketene and its derivatives in this region. China had the highest demand for Ketene in Asia Pacific region. Huge acetic anhydride industry is driving the demand for ketene in this region. India, Taiwan and Japan are among other Asian countries which are likely to provide better growth opportunity for ketene market in next few years to come. In terms of demand, Asia Pacific was followed by North America.
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