Acetone Market was valued at USD 4852.2 million in 2021 and is expected to grow at a CAGR of 7% between 2022 and 2028. Acetone is also called propanone. Its chemical formula is CH3COCH 3, It Colorless liquid. It is the simplest ketone with a condensed formula C3H6O. It is an organic chemical that contains hydrogen, oxygen and carbon atoms. Acetone is used to make plastics, textiles, drugs and other chemicals. It is also used to dissolve other substances. It occurs naturally as a product of plants, trees, volcanic gases, forest fires and decomposition of body fat. It is present in vehicle exhaust, cigarette smoke and landfills.
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Top Major Key Players Industries
Formosa Chemicals and Fibre Corporation
Royal Dutch Shell plc
Mitsui Chemicals, Inc.
INEOS
Borealis AG
By Application
Methyl Methacrylate (MMA)
Bisphenol A (BPA)
Solvents
Methyl Isobutyl Ketone
Other Applications
By End-user Industry
Cosmetics and Personal Care
Electronics
Automotive
Pharmaceutical
Paints, Coatings, and Adhesives
Textile Industry
Other End-user Industries
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Scope of the Report
The research study analyzes the global Acetone industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Acetone Report
1. What was the Acetone size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Acetone during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Acetone was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Acetone market.
• The market share of the global Acetone market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Acetone market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Acetone market.
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