According to a market report by Lucintel, the future of the global acetone market looks promising with opportunities in the solvent, methyl methacrylate, and bisphenol A markets. The global acetone market is expected to grow with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are increasing utilization of acetone in the production of personal care products, rising demand for acetone-based paints, coatings, and adhesives in the automotive industry, and growing utilization of acetone as a solvent, feedstock, and intermediate in various chemical processes.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in acetone market to 2030 by grade (technical grade and specialty grade), application (solvents, methyl methacrylate, bisphenol A, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the grade category, technical grade segment will remain larger segment over the forecast period due to the increase in the usage of technological items in the synthesis of MMA and BPA.
Within the application category, solvent will remain the largest segment due to increased demand for acetone as a crucial component in making hand sanitizer and as an excipient in drugs.
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In terms of regions, APAC will remain the largest region over the forecast period due to increase in the products demand from a number of end-user sectors, including the pharmaceutical, cosmetics, and personal care and automobile industries, as well as from nations like China, India, and Japan.
INEOS, Shell, Honeywell, Mitsui Chemicals, CEPSA Quimica, SABIC, Arkema, Solvay, DOMO Chemicals, and Kumho P&B Chemicals are the major suppliers in the acetone market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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