Key Insights
The global acetone market is projected to reach $5.46 billion by 2025, with a Compound Annual Growth Rate (CAGR) of 2.5% from 2025 to 2033. This growth is propelled by increasing demand from the cosmetics, personal care, automotive, electronics, and pharmaceutical sectors. Emerging economies, particularly in Asia-Pacific, are key growth drivers, alongside the rising adoption of sustainable manufacturing and expansion in paints, coatings, and adhesives applications. Key market segments include Methyl Methacrylate (MMA), Bisphenol A (BPA), solvents, and methyl isobutyl ketone. Major industry players are focused on innovation and expansion to capture market opportunities.
Acetone Market Market Size (In Billion)
The forecast period (2025-2033) indicates sustained growth driven by product innovation and emerging applications in specialized chemical processes and advanced materials. While regulatory compliance and raw material volatility present challenges, the acetone market is poised for significant expansion. Strategic initiatives by key players and diverse end-user industries will support this sustained growth. Historical data analysis (2019-2024) informs these projections, highlighting the importance of understanding competitive dynamics and regional growth drivers for market share optimization.
Acetone Market Company Market Share
Acetone Market Report: 2019-2033 Forecast
This comprehensive report provides an in-depth analysis of the global Acetone Market, encompassing market dynamics, growth trends, regional segmentation, product landscape, and key players. With a focus on the period 2019-2033, including a base year of 2025, this report offers invaluable insights for industry professionals, investors, and strategic decision-makers. The report covers both parent and child markets, providing a holistic view of the Acetone market's evolution and future trajectory. The total market size is estimated at xx Billion in 2025.
Acetone Market Dynamics & Structure
This section analyzes the competitive landscape, technological advancements, regulatory environment, and market trends within the Acetone market. The market is characterized by a moderate level of concentration, with key players holding significant market share. Technological innovations, particularly in production efficiency and sustainability, are driving market growth. Stringent environmental regulations are also shaping industry practices. The report details competitive dynamics, including M&A activities, and the presence of substitute products.
- Market Concentration: Moderately concentrated, with top 5 players holding approximately xx% market share in 2025.
- Technological Innovation: Focus on improving production efficiency, reducing environmental impact, and developing new applications.
- Regulatory Framework: Stringent environmental regulations influence production methods and waste management practices.
- Competitive Substitutes: Limited direct substitutes, but alternative chemicals may compete in specific applications.
- M&A Trends: Moderate level of mergers and acquisitions activity, driven by consolidation and expansion strategies. xx M&A deals were recorded between 2019-2024.
- End-User Demographics: Diversified across various industries, with growth driven by increasing demand from key sectors like automotive and pharmaceuticals.
Acetone Market Growth Trends & Insights
This section delves into the historical and projected growth of the Acetone market, examining market size evolution, adoption rates across various segments, and the influence of technological disruptions. The market has exhibited consistent growth over the past few years, driven by increasing demand from various end-user industries. The report projects a CAGR of xx% during the forecast period (2025-2033), reaching xx Billion by 2033. Market penetration is highest in established industries like solvents and is projected to grow significantly in emerging applications.
- Market Size Evolution: The market experienced steady growth from 2019 to 2024, with a significant increase projected for 2025 and beyond.
- Adoption Rates: High adoption in traditional applications (solvents), with increasing adoption in newer applications like MMA and BPA.
- Technological Disruptions: Advancements in production technology and sustainable practices are driving market growth.
- Consumer Behavior Shifts: Growing preference for sustainable and environmentally friendly products is influencing market trends.
Dominant Regions, Countries, or Segments in Acetone Market
This section identifies the leading regions, countries, and segments within the Acetone market, analyzing the factors contributing to their dominance. Asia Pacific is projected as the leading region, driven by strong economic growth and increasing industrial activity. Within applications, Solvents and Methyl Methacrylate (MMA) are significant drivers of market growth. Key end-user industries like automotive and paints and coatings show high demand.
- Leading Region: Asia Pacific, driven by robust economic growth and industrialization.
- Leading Country: China, followed by other countries in Asia-Pacific.
- Leading Application Segment: Solvents, followed by Methyl Methacrylate (MMA).
- Leading End-User Industry: Automotive, followed by Paints, Coatings, and Adhesives.
- Key Drivers: Strong economic growth in emerging economies, expanding industrialization, and increasing demand from various end-user industries.
Acetone Market Product Landscape
The Acetone market offers a range of products with varying purity levels and specifications to cater to diverse applications. Innovation focuses on improving efficiency, reducing environmental impact and enhancing product performance for specific applications. Technological advancements are focused on process optimization and cost reduction.
Key Drivers, Barriers & Challenges in Acetone Market
Key Drivers: Strong demand from various end-user industries, particularly in the automotive, pharmaceutical, and coatings sectors. Increasing urbanization and industrialization in developing economies further propel market growth. Technological advancements such as the development of more efficient and sustainable production processes also contribute to growth.
Key Challenges and Restraints: Fluctuations in raw material prices, particularly propylene prices. Environmental regulations and sustainability concerns, requiring the adoption of environmentally friendly production processes. Intense competition from existing and new market entrants. Supply chain disruptions also pose a challenge to market stability.
Emerging Opportunities in Acetone Market
Emerging opportunities include the expansion into new applications, such as biodegradable plastics and advanced materials. Untapped markets in developing economies present significant growth potential. The development of sustainable and eco-friendly acetone production processes presents further growth opportunities.
Growth Accelerators in the Acetone Market Industry
Technological advancements, particularly in improving production efficiency and reducing environmental impact, are key growth accelerators. Strategic partnerships and collaborations among industry players are also driving market expansion. Furthermore, the exploration of new and emerging applications creates opportunities for market growth.
Key Players Shaping the Acetone Market Market
- Honeywell International Inc. (https://www.honeywell.com/)
- Mitsui Chemicals Inc. (https://www.mitsuichem.com/english/)
- Formosa Chemicals and Fibre Corporation
- INEOS (https://www.ineos.com/)
- Prasol Chemicals Pvt Ltd
- Cepsa (https://www.cepsa.com/en)
- Reliance Industries Limited (https://www.ril.com/)
- Altivia
- BASF SE (https://www.basf.com/global/en.html)
- PTT Phenol Company Limited
- Borealis AG (https://www.borealisgroup.com/)
- Shell PLC (https://www.shell.com/)
- LCY GROUP
- Kumho P&B Chemicals Inc
Notable Milestones in Acetone Market Sector
- July 2022: LG Chem exports 1,200 tons of acetone and 4,000 tons of phenol – South Korea's largest ISCC PLUS certified shipment. This highlights the growing importance of sustainability in the Acetone market.
- March 2021: Honeywell announces Lotte GS Chemical Corp.'s use of Honeywell UOP technologies to produce over 565,000 metric tons of phenol and acetone annually. This signifies advancements in production technology and capacity expansion.
In-Depth Acetone Market Market Outlook
The Acetone market is poised for continued growth, driven by increasing demand from diverse end-user industries and ongoing technological advancements. Strategic partnerships, expansion into new applications, and a focus on sustainability will further shape market dynamics. The market offers attractive opportunities for both established players and new entrants focusing on innovation and efficiency. The forecast period (2025-2033) anticipates robust growth, with the potential for significant market expansion in emerging economies.
Acetone Market Segmentation
-
1. Application
- 1.1. Methyl Methacrylate (MMA)
- 1.2. Bisphenol A (BPA)
- 1.3. Solvents
- 1.4. Methyl Isobutyl Ketone
- 1.5. Other Applications (Chemical Intermediates)
-
2. End-user Industry
- 2.1. Cosmetics and Personal Care
- 2.2. Electronics
- 2.3. Automotive
- 2.4. Pharmaceutical
- 2.5. Paints, Coatings, and Adhesives
- 2.6. Textile Industry
- 2.7. Other End-user Industries (Plastics)
Acetone Market Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. India
- 1.3. Japan
- 1.4. South Korea
- 1.5. Rest of Asia Pacific
-
2. North America
- 2.1. United States
- 2.2. Canada
- 2.3. Mexico
-
3. Europe
- 3.1. Germany
- 3.2. United Kingdom
- 3.3. Italy
- 3.4. France
- 3.5. Rest of Europe
-
4. South America
- 4.1. Brazil
- 4.2. Argentina
- 4.3. Rest of South America
-
5. Middle East and Africa
- 5.1. Saudi Arabia
- 5.2. South Africa
- 5.3. Rest of Middle East and Africa
Acetone Market Regional Market Share
Geographic Coverage of Acetone Market
Acetone Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 2.5% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Usage in the Production of Personal Care and Household Products; Growing Electronics Industry in Asia-Pacific; Increasing Demand for Polycarbonate Products
- 3.3. Market Restrains
- 3.3.1. Increasing Regulations by the European Commission on BPA; Increasing Production of Methyl Methacrylate from Non-acetone Raw Materials
- 3.4. Market Trends
- 3.4.1. Methyl Methacrylate (MMA) Applications to Witness Higher Potential Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Acetone Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Application
- 5.1.1. Methyl Methacrylate (MMA)
- 5.1.2. Bisphenol A (BPA)
- 5.1.3. Solvents
- 5.1.4. Methyl Isobutyl Ketone
- 5.1.5. Other Applications (Chemical Intermediates)
- 5.2. Market Analysis, Insights and Forecast - by End-user Industry
- 5.2.1. Cosmetics and Personal Care
- 5.2.2. Electronics
- 5.2.3. Automotive
- 5.2.4. Pharmaceutical
- 5.2.5. Paints, Coatings, and Adhesives
- 5.2.6. Textile Industry
- 5.2.7. Other End-user Industries (Plastics)
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Asia Pacific
- 5.3.2. North America
- 5.3.3. Europe
- 5.3.4. South America
- 5.3.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Application
- 6. Asia Pacific Acetone Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Application
- 6.1.1. Methyl Methacrylate (MMA)
- 6.1.2. Bisphenol A (BPA)
- 6.1.3. Solvents
- 6.1.4. Methyl Isobutyl Ketone
- 6.1.5. Other Applications (Chemical Intermediates)
- 6.2. Market Analysis, Insights and Forecast - by End-user Industry
- 6.2.1. Cosmetics and Personal Care
- 6.2.2. Electronics
- 6.2.3. Automotive
- 6.2.4. Pharmaceutical
- 6.2.5. Paints, Coatings, and Adhesives
- 6.2.6. Textile Industry
- 6.2.7. Other End-user Industries (Plastics)
- 6.1. Market Analysis, Insights and Forecast - by Application
- 7. North America Acetone Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Application
- 7.1.1. Methyl Methacrylate (MMA)
- 7.1.2. Bisphenol A (BPA)
- 7.1.3. Solvents
- 7.1.4. Methyl Isobutyl Ketone
- 7.1.5. Other Applications (Chemical Intermediates)
- 7.2. Market Analysis, Insights and Forecast - by End-user Industry
- 7.2.1. Cosmetics and Personal Care
- 7.2.2. Electronics
- 7.2.3. Automotive
- 7.2.4. Pharmaceutical
- 7.2.5. Paints, Coatings, and Adhesives
- 7.2.6. Textile Industry
- 7.2.7. Other End-user Industries (Plastics)
- 7.1. Market Analysis, Insights and Forecast - by Application
- 8. Europe Acetone Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Application
- 8.1.1. Methyl Methacrylate (MMA)
- 8.1.2. Bisphenol A (BPA)
- 8.1.3. Solvents
- 8.1.4. Methyl Isobutyl Ketone
- 8.1.5. Other Applications (Chemical Intermediates)
- 8.2. Market Analysis, Insights and Forecast - by End-user Industry
- 8.2.1. Cosmetics and Personal Care
- 8.2.2. Electronics
- 8.2.3. Automotive
- 8.2.4. Pharmaceutical
- 8.2.5. Paints, Coatings, and Adhesives
- 8.2.6. Textile Industry
- 8.2.7. Other End-user Industries (Plastics)
- 8.1. Market Analysis, Insights and Forecast - by Application
- 9. South America Acetone Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Application
- 9.1.1. Methyl Methacrylate (MMA)
- 9.1.2. Bisphenol A (BPA)
- 9.1.3. Solvents
- 9.1.4. Methyl Isobutyl Ketone
- 9.1.5. Other Applications (Chemical Intermediates)
- 9.2. Market Analysis, Insights and Forecast - by End-user Industry
- 9.2.1. Cosmetics and Personal Care
- 9.2.2. Electronics
- 9.2.3. Automotive
- 9.2.4. Pharmaceutical
- 9.2.5. Paints, Coatings, and Adhesives
- 9.2.6. Textile Industry
- 9.2.7. Other End-user Industries (Plastics)
- 9.1. Market Analysis, Insights and Forecast - by Application
- 10. Middle East and Africa Acetone Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Application
- 10.1.1. Methyl Methacrylate (MMA)
- 10.1.2. Bisphenol A (BPA)
- 10.1.3. Solvents
- 10.1.4. Methyl Isobutyl Ketone
- 10.1.5. Other Applications (Chemical Intermediates)
- 10.2. Market Analysis, Insights and Forecast - by End-user Industry
- 10.2.1. Cosmetics and Personal Care
- 10.2.2. Electronics
- 10.2.3. Automotive
- 10.2.4. Pharmaceutical
- 10.2.5. Paints, Coatings, and Adhesives
- 10.2.6. Textile Industry
- 10.2.7. Other End-user Industries (Plastics)
- 10.1. Market Analysis, Insights and Forecast - by Application
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Honeywell International Inc
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Mitsui Chemicals Inc
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Formosa Chemicals and Fibre Corporation
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 INEOS
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Prasol Chemicals Pvt Ltd
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Cepsa
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Reliance Industries Limited
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Altivia
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 BASF SE
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 PTT Phenol Company Limited
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Borealis AG
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 Shell PLC
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 LCY GROUP
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 Kumho P&B Chemicals Inc
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.1 Honeywell International Inc
List of Figures
- Figure 1: Global Acetone Market Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: Global Acetone Market Volume Breakdown (K Tons, %) by Region 2025 & 2033
- Figure 3: Asia Pacific Acetone Market Revenue (billion), by Application 2025 & 2033
- Figure 4: Asia Pacific Acetone Market Volume (K Tons), by Application 2025 & 2033
- Figure 5: Asia Pacific Acetone Market Revenue Share (%), by Application 2025 & 2033
- Figure 6: Asia Pacific Acetone Market Volume Share (%), by Application 2025 & 2033
- Figure 7: Asia Pacific Acetone Market Revenue (billion), by End-user Industry 2025 & 2033
- Figure 8: Asia Pacific Acetone Market Volume (K Tons), by End-user Industry 2025 & 2033
- Figure 9: Asia Pacific Acetone Market Revenue Share (%), by End-user Industry 2025 & 2033
- Figure 10: Asia Pacific Acetone Market Volume Share (%), by End-user Industry 2025 & 2033
- Figure 11: Asia Pacific Acetone Market Revenue (billion), by Country 2025 & 2033
- Figure 12: Asia Pacific Acetone Market Volume (K Tons), by Country 2025 & 2033
- Figure 13: Asia Pacific Acetone Market Revenue Share (%), by Country 2025 & 2033
- Figure 14: Asia Pacific Acetone Market Volume Share (%), by Country 2025 & 2033
- Figure 15: North America Acetone Market Revenue (billion), by Application 2025 & 2033
- Figure 16: North America Acetone Market Volume (K Tons), by Application 2025 & 2033
- Figure 17: North America Acetone Market Revenue Share (%), by Application 2025 & 2033
- Figure 18: North America Acetone Market Volume Share (%), by Application 2025 & 2033
- Figure 19: North America Acetone Market Revenue (billion), by End-user Industry 2025 & 2033
- Figure 20: North America Acetone Market Volume (K Tons), by End-user Industry 2025 & 2033
- Figure 21: North America Acetone Market Revenue Share (%), by End-user Industry 2025 & 2033
- Figure 22: North America Acetone Market Volume Share (%), by End-user Industry 2025 & 2033
- Figure 23: North America Acetone Market Revenue (billion), by Country 2025 & 2033
- Figure 24: North America Acetone Market Volume (K Tons), by Country 2025 & 2033
- Figure 25: North America Acetone Market Revenue Share (%), by Country 2025 & 2033
- Figure 26: North America Acetone Market Volume Share (%), by Country 2025 & 2033
- Figure 27: Europe Acetone Market Revenue (billion), by Application 2025 & 2033
- Figure 28: Europe Acetone Market Volume (K Tons), by Application 2025 & 2033
- Figure 29: Europe Acetone Market Revenue Share (%), by Application 2025 & 2033
- Figure 30: Europe Acetone Market Volume Share (%), by Application 2025 & 2033
- Figure 31: Europe Acetone Market Revenue (billion), by End-user Industry 2025 & 2033
- Figure 32: Europe Acetone Market Volume (K Tons), by End-user Industry 2025 & 2033
- Figure 33: Europe Acetone Market Revenue Share (%), by End-user Industry 2025 & 2033
- Figure 34: Europe Acetone Market Volume Share (%), by End-user Industry 2025 & 2033
- Figure 35: Europe Acetone Market Revenue (billion), by Country 2025 & 2033
- Figure 36: Europe Acetone Market Volume (K Tons), by Country 2025 & 2033
- Figure 37: Europe Acetone Market Revenue Share (%), by Country 2025 & 2033
- Figure 38: Europe Acetone Market Volume Share (%), by Country 2025 & 2033
- Figure 39: South America Acetone Market Revenue (billion), by Application 2025 & 2033
- Figure 40: South America Acetone Market Volume (K Tons), by Application 2025 & 2033
- Figure 41: South America Acetone Market Revenue Share (%), by Application 2025 & 2033
- Figure 42: South America Acetone Market Volume Share (%), by Application 2025 & 2033
- Figure 43: South America Acetone Market Revenue (billion), by End-user Industry 2025 & 2033
- Figure 44: South America Acetone Market Volume (K Tons), by End-user Industry 2025 & 2033
- Figure 45: South America Acetone Market Revenue Share (%), by End-user Industry 2025 & 2033
- Figure 46: South America Acetone Market Volume Share (%), by End-user Industry 2025 & 2033
- Figure 47: South America Acetone Market Revenue (billion), by Country 2025 & 2033
- Figure 48: South America Acetone Market Volume (K Tons), by Country 2025 & 2033
- Figure 49: South America Acetone Market Revenue Share (%), by Country 2025 & 2033
- Figure 50: South America Acetone Market Volume Share (%), by Country 2025 & 2033
- Figure 51: Middle East and Africa Acetone Market Revenue (billion), by Application 2025 & 2033
- Figure 52: Middle East and Africa Acetone Market Volume (K Tons), by Application 2025 & 2033
- Figure 53: Middle East and Africa Acetone Market Revenue Share (%), by Application 2025 & 2033
- Figure 54: Middle East and Africa Acetone Market Volume Share (%), by Application 2025 & 2033
- Figure 55: Middle East and Africa Acetone Market Revenue (billion), by End-user Industry 2025 & 2033
- Figure 56: Middle East and Africa Acetone Market Volume (K Tons), by End-user Industry 2025 & 2033
- Figure 57: Middle East and Africa Acetone Market Revenue Share (%), by End-user Industry 2025 & 2033
- Figure 58: Middle East and Africa Acetone Market Volume Share (%), by End-user Industry 2025 & 2033
- Figure 59: Middle East and Africa Acetone Market Revenue (billion), by Country 2025 & 2033
- Figure 60: Middle East and Africa Acetone Market Volume (K Tons), by Country 2025 & 2033
- Figure 61: Middle East and Africa Acetone Market Revenue Share (%), by Country 2025 & 2033
- Figure 62: Middle East and Africa Acetone Market Volume Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Acetone Market Revenue billion Forecast, by Application 2020 & 2033
- Table 2: Global Acetone Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 3: Global Acetone Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 4: Global Acetone Market Volume K Tons Forecast, by End-user Industry 2020 & 2033
- Table 5: Global Acetone Market Revenue billion Forecast, by Region 2020 & 2033
- Table 6: Global Acetone Market Volume K Tons Forecast, by Region 2020 & 2033
- Table 7: Global Acetone Market Revenue billion Forecast, by Application 2020 & 2033
- Table 8: Global Acetone Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 9: Global Acetone Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 10: Global Acetone Market Volume K Tons Forecast, by End-user Industry 2020 & 2033
- Table 11: Global Acetone Market Revenue billion Forecast, by Country 2020 & 2033
- Table 12: Global Acetone Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 13: China Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 14: China Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 15: India Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 16: India Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 17: Japan Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 18: Japan Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 19: South Korea Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 20: South Korea Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 21: Rest of Asia Pacific Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 22: Rest of Asia Pacific Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 23: Global Acetone Market Revenue billion Forecast, by Application 2020 & 2033
- Table 24: Global Acetone Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 25: Global Acetone Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 26: Global Acetone Market Volume K Tons Forecast, by End-user Industry 2020 & 2033
- Table 27: Global Acetone Market Revenue billion Forecast, by Country 2020 & 2033
- Table 28: Global Acetone Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 29: United States Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 30: United States Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 31: Canada Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 32: Canada Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 33: Mexico Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 34: Mexico Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 35: Global Acetone Market Revenue billion Forecast, by Application 2020 & 2033
- Table 36: Global Acetone Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 37: Global Acetone Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 38: Global Acetone Market Volume K Tons Forecast, by End-user Industry 2020 & 2033
- Table 39: Global Acetone Market Revenue billion Forecast, by Country 2020 & 2033
- Table 40: Global Acetone Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 41: Germany Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 42: Germany Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 43: United Kingdom Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 44: United Kingdom Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 45: Italy Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 46: Italy Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 47: France Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 48: France Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 49: Rest of Europe Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 50: Rest of Europe Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 51: Global Acetone Market Revenue billion Forecast, by Application 2020 & 2033
- Table 52: Global Acetone Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 53: Global Acetone Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 54: Global Acetone Market Volume K Tons Forecast, by End-user Industry 2020 & 2033
- Table 55: Global Acetone Market Revenue billion Forecast, by Country 2020 & 2033
- Table 56: Global Acetone Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 57: Brazil Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 58: Brazil Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 59: Argentina Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 60: Argentina Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 61: Rest of South America Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 62: Rest of South America Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 63: Global Acetone Market Revenue billion Forecast, by Application 2020 & 2033
- Table 64: Global Acetone Market Volume K Tons Forecast, by Application 2020 & 2033
- Table 65: Global Acetone Market Revenue billion Forecast, by End-user Industry 2020 & 2033
- Table 66: Global Acetone Market Volume K Tons Forecast, by End-user Industry 2020 & 2033
- Table 67: Global Acetone Market Revenue billion Forecast, by Country 2020 & 2033
- Table 68: Global Acetone Market Volume K Tons Forecast, by Country 2020 & 2033
- Table 69: Saudi Arabia Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 70: Saudi Arabia Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 71: South Africa Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 72: South Africa Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
- Table 73: Rest of Middle East and Africa Acetone Market Revenue (billion) Forecast, by Application 2020 & 2033
- Table 74: Rest of Middle East and Africa Acetone Market Volume (K Tons) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Acetone Market?
The projected CAGR is approximately 2.5%.
2. Which companies are prominent players in the Acetone Market?
Key companies in the market include Honeywell International Inc, Mitsui Chemicals Inc, Formosa Chemicals and Fibre Corporation, INEOS, Prasol Chemicals Pvt Ltd, Cepsa, Reliance Industries Limited, Altivia, BASF SE, PTT Phenol Company Limited, Borealis AG, Shell PLC, LCY GROUP, Kumho P&B Chemicals Inc.
3. What are the main segments of the Acetone Market?
The market segments include Application, End-user Industry.
4. Can you provide details about the market size?
The market size is estimated to be USD 5.46 billion as of 2022.
5. What are some drivers contributing to market growth?
Growing Usage in the Production of Personal Care and Household Products; Growing Electronics Industry in Asia-Pacific; Increasing Demand for Polycarbonate Products.
6. What are the notable trends driving market growth?
Methyl Methacrylate (MMA) Applications to Witness Higher Potential Growth.
7. Are there any restraints impacting market growth?
Increasing Regulations by the European Commission on BPA; Increasing Production of Methyl Methacrylate from Non-acetone Raw Materials.
8. Can you provide examples of recent developments in the market?
In July 2022: LG Chem announced that it would export 1,200 tons of acetone and 4,000 tons of phenol. According to the company, this is South Korea's largest shipment of products with the ISCC PLUS certification.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion and volume, measured in K Tons.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Acetone Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Acetone Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Acetone Market?
To stay informed about further developments, trends, and reports in the Acetone Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
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- Opinion Leaders
Secondary Research
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- Industry Association
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These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence