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<strong>Acetone</strong> <strong>Market</strong> Size, Share, Outlook & Forecast<br />

2018-2023<br />

Industry Survey, Growth, Competitive Landscape<br />

and Forecasts to 2023<br />

PREPARED BY<br />

<strong>Market</strong> Research Future<br />

(Part of Wantstats Research & Media Pvt. Ltd.)


<strong>Market</strong> Overview / Study Objective / Synopsis<br />

<strong>Acetone</strong> is a clear, colorless, volatile fluid with a sweet scent. <strong>Acetone</strong> is most<br />

commonly prepared by means of cumene peroxidation, as a coproduct with phenol. Its<br />

fundamental substance in the production of acetone cyanohydrin for methyl<br />

methacrylate (MMA), bisphenol A (BPA). It has applications such as heavy metal<br />

degreaser, cleaning tools and chemical peeling in the pharmaceuticals, personal care,<br />

paints & coatings, plastics and construction end use industries.<br />

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Competitive Analysis<br />

As per our analysis, direct solvent applications account for a large portion of world<br />

demand. MMA is having the second highest global market share and followed by<br />

bisphenol A. The largest end use for MMA is PMMA (polymethyl methacrylate).<br />

PMMA resins are used to produce acrylic sheet and acrylic molding and extrusion<br />

compounds.<br />

Commercial, residential, and nonresidential construction, and remodeling are the<br />

largest markets for acrylic sheet.The construction, automotive, and computer<br />

segments are now seen as key growth markets by polycarbonate manufacturers.<br />

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<strong>Acetone</strong> <strong>Market</strong> Research Report – Global Forecast to 2023<br />

Top 10 Global key Players & Their Strategy<br />

INEOS (Switzerland),<br />

The Royal Dutch Shell plc (the Netherlands),<br />

Formosa Chemicals & Fiber Corporation (China),<br />

Prasol Chemicals Pvt. Ltd. (India)<br />

EMCO Limited (India) among others.<br />

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Segmentation Analysis<br />

The global aromatics market is segmented into type and application. On the basis of<br />

product, the market is segregated into benzene, toluene, o-xylene, p-xylene, and<br />

rubber segments. The market by application is further categorized into paints &<br />

coating, automotive, pharmaceuticals, oil & gas, chemicals, and others.<br />

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Regional Analysis<br />

The global acetone market consists of five regions: Asia Pacific, Europe, Latin<br />

America, North America, and the Middle East & Africa. Among these, Asia Pacific is<br />

predicted to grow with the highest CAGR during the review period, 2017 to 2023<br />

on account of expanding paints & coatings and construction industries. Rising<br />

middle class population and their increasing expenditure on improving the living<br />

standards is expected to increase furthermore in the forecast period.The acetone<br />

market is predicted to increase in numerous countries of the Asia Pacific such as<br />

China, India, Japan and Indonesia due to increasing urbanization and population is<br />

anticipated to drive the market in the forecast period.<br />

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ABOUT US<br />

MARKET RESEARCH FUTURE<br />

At <strong>Market</strong> Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked<br />

Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and <strong>Market</strong><br />

Research & Consulting Services.<br />

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market<br />

research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level<br />

market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.<br />

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts<br />

and industrial visits for its research analyst members.<br />

For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com<br />

Copyright © 2018 <strong>Market</strong> Research Future<br />

All Rights Reserved. This document contains highly confidential information and is the sole property of <strong>Market</strong> Research Future. No part<br />

of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of <strong>Market</strong> Research Future.<br />

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MARKET RESEARCH<br />

salesteam@marketresearchfuture.com<br />

FUTURE<br />

Ph: +1-646-845-9349 (US)<br />

Ph: +44 208 133 9349 (UK)<br />

THANK YOU<br />

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