Uploaded on Aug 7, 2019
Global Acetone Market is projected to grow at a CAGR of 5.1% from 2019 to 2026. Asia-Pacific and Europe are the dominant regional markets holding the major share in the global
Global Acetone Marke
Global Acetone Market
2018 – 2026
Published By:
Accurize Market Research
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Research
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Acetone Market is Estimated to Grow at
a CAGR of 5.1% during 2019 – 2026,
Says Accurize Market Research
Global Acetone Market Report, published by Accurize Market Research,
forecast that the global market is expected to grow at a CAGR of 5.1%
from 2019 to 2026. Asia-Pacific dominated the global acetone market
accounting for the major market share in 2018, driven by high rates of
growth accounted by upcoming economies such as China and India.
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Market Introduction and Market
Dynamics
Acetone is a volatile and colorless liquid mainly used as a chemical
intermediate across various industry verticals such as electronics, metal
cleaning, pharmaceuticals, and automotive, among others, in the
manufacturing process.
The application areas such as adhesives, inks, and paints & coatings
show an increased demand for acetone hence, supplementing the growth
of the market.
Though, the high initial investment is acting as a restraint for the market.
Further, the rising use of polycarbonate in the vehicle industry would
generate new growth opportunities for the market in the future years.
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Market Segmentation and Crisp
Analysis
The global Acetone Market has been segmented into application and
industry. The application segment is further classified into Methyl
Methacrylate (MMA), Bisphenol A (BPA), solvents, and other
applications.
The end user segment is divided into construction, automotive,
pharmaceutical, cosmetics and personal care, electronics,
agricultural chemicals, paints, coatings, and adhesives, and other
end-user industries.
North America, Europe, Asia Pacific, and Rest of the World (RoW) are
the geographical classifications of the market.
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Regional Segmentation and Crisp
Analysis
By geography, the market is segmented into North America, Europe, Asia
Pacific, and Rest of the World (RoW). North America covers the U.S.,
Canada, and Mexico, while Europe covers the UK, Germany, France, Italy,
and Rest of Europe. China, Japan, India, Korea, and Rest of Asia-Pacific
have been analyzed under the Asia-Pacific market. The rest of the world
includes Central & South America, the Middle East, and Africa.
Asia-Pacific dominated the global Acetone Market in 2018 and expected to
continue its dominance during the forecast period 2019 – 2026. The growth
will be majorly attributed to upcoming economies for the electronics and
automotive industries. Countries such as India, China, Indonesia, and
Malaysia are anticipated to have the highest growth rate of acetone
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market driven by high growth in the automotive [email protected]
Manufacturers Competitive
Analysis
Key players are offering innovative products and services to gain
consumer attraction and increase their market presence.
The major players operating in the global acetone market
are Domo Chemicals, The Dow Chemical Company, INEOS Phenol,
Honeywell International, Inc., Mitsui Chemicals, Inc., Hindustan
Organic Chemicals Limited, Formosa Chemicals, Royal Dutch Shell
plc, Fiber Corporation, and CEPSA Quimica, among others.
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Scope of the Report
The scope of the report covers an in-depth analysis of the market in terms of
both qualitative and quantitative analysis across the segments as well as cross-
sectional analysis of the segments including the geographies and its countries.
Key companies operating in this market and their company profile along with
the market share analysis and competitive scenario is also the part of the
report.
Furthermore, different industries client information has been provided in the
report which is very important for the manufacturers. Manufacturers’ data,
including revenue, shipment, revenue share, shipment share, and gross profit
have been also included, which provide a better understanding of the market
competition.
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Our Expertise
Destined by the dedicated team of analysts and experts, we are envisioned
to provide you our best in order to plan you're next strategic across several
industry verticals.
AMR has developed advanced analyst tools and data models to enhance
and augment the analysis process.
Corresponding to markets, where there is momentous lack of information
and estimates, AMR’s team of experts and analysts practice specific
analyst tools and industry models to translate qualitative and quantitative
industry indicators into exact industry estimates.
These models also allow analysts to inspect the prospects and
opportunities existing in the market to achieve a specific forecast of the
market.
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Our Expertise
The Key Opinion Leaders (KOLs) of the respective industry are
interviewed and their insights are matched with our findings and
database we have and thus we validate our estimates, forecast and
provide you the analysis.
We put together our effort and prepare an inclusive questionnaire
depending on the title of the market we are tracking and extract the
important information we require to validate our findings.
Also, we have top five global knowledge partners such as Bloomberg,
S&P Global, and Dow Jones, among others for ultimate data validation,
prepared by our research team.
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