Acetone is inflammable, colorless, clear, and volatile organic compound with sweet odor which is the simplest form of ketone. Propylene is used as a feedstock for the production of most of the acetone. Acetone is used as a direct solvent and main chemical use is as an intermediate in the manufacture of methyl methacrylate, methacrylic acid, and bisphenol-A, and aldol chemicals.
Rise in demand for the use of methyl methacrylate in LCDs for consumer electronics market, rising use of polycarbonate in the vehicle industry, which is produced with the use of bisphenol-A is also anticipated to boost the growth of acetone market. Application of acetone is in automotive, pharmaceuticals, electronics, adhesives, paints & coatings, metal cleaning, agricultural chemicals, rubber & polymer, metal cleaning, and printing inks. With water it might react explosively and burst into flames with air at high temperature creating it an extreme hazardous chemical. This is estimated to be a major restrictive factor for the market growth.
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The global Acetone market is segmented on the basis of Application, and End-user Industry. The global Acetone market Based on Application the global Acetone market is segregated as Methyl Methacrylate (MMA), Bisphenol A (BPA), Solvents, and Other Applications. Based on End-user Industry the global Acetone market is segmented as Cosmetics and Personal Care, Electronics, Construction, Automotive, Pharmaceutical, Agricultural Chemicals, Paints, Coatings, and Adhesives, and Other.
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The regional outlook on the global Acetone market covers regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Acetone market for each region is further bifurcated for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Landscape
The global Acetone market is highly competitive in nature with major players including NEOS Phenol, Sunoco, Mitsui, Shell, Shanghai Sinopec Mitsui, DOW Chemical, CEPSA Quimica U.S., Chemicals LLC, Formosa Chemicals & Fibre Corp, Minda, EMCO Chemical Distributors, ConChemCo, Prasol. and others. The report covers competitive analysis on the key market share holders. The companies are focused on several expansion and growth strategies to enhance their footprint in the Acetone market. Market players are also involved in value chain integration gain competitive advantage.
Report Scope:
The Acetone market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2017 to 2024. The market segmentations include,
Acetone Market, By Application
• Methyl Methacrylate (MMA)
• Bisphenol A (BPA)
• Solvents
• Other Applications
Acetone Market, By End-user Industry
• Cosmetics and Personal Care
• Electronics
• Construction
• Automotive
• Pharmaceutical
• Agricultural Chemicals
• Paints, Coatings, and Adhesives
• Other
Acetone Market, By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players. The companies profiled in the report include NEOS Phenol, Sunoco, Mitsui, Shell, Shanghai Sinopec Mitsui, DOW Chemical, CEPSA Quimica U.S., Chemicals LLC, Formosa Chemicals & Fibre Corp, Minda, EMCO Chemical Distributors, ConChemCo, , Prasol., and others. Company profiles cover company overview, product landscape, financial overview, and strategy analysis.
Report Highlights
• Global Acetone market sizes from 2017 to 2024
• Market growth projections through 2024 and the resultant market forecast for 2024
• Impact of the market dynamics including market drivers, restraints and opportunities in the market size
• Key industry trends, product trends, and application trends
• Major driving/ leading segmentations, regions and countries in the global Acetone market
• Competitive analysis with comprehensive company profiles of the leading industry players
• In-depth analysis on growth and expansion strategies adopted by market players and their resulting effect on market growth and competition
Report Customizations
The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
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