Acetone Market – Growing at CAGR of 5.50%, Key players, Regional Overview
Global acetonemarket is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 6.33 billion growing at a CAGR of 5.50% in the above-mentioned forecast period. The increase in demand of acetone in industries has been directly impacting the growth of acetone market.
This acetone market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research acetone market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Acetone Market Scope and Market Size
Acetone market
is segmented on the basis of application, distribution channel, grade outlook
and end use. The growth amongst these segments will help you analyse meagre
growth segments in the industries, and provide the users with valuable market
overview and market insights to help them in making strategic decisions for
identification of core market applications.
·
Based on application, the acetone
market is segmented into methyl methacrylate (MMA), bisphenol A (BPA) and
solvents.
·
Based on distribution channel,
the acetone market is segmented into manufacturer to distributor and
manufacturer to end-user.
·
Based on grade outlook, the
acetone market is segmented into specialty grade and technical grade.
·
Acetone market has also been
segmented based on end use, into cosmetics and personal care, electronics,
construction, automotive, pharmaceutical, agricultural chemicals, paints &
coatings and adhesives.
Read
Detailed Analysis Report@ https://www.databridgemarketresearch.com/reports/global-acetone-market
Acetone
Market Share Analysis
Acetone market competitive landscape provides details by competitor.
Details included are company overview, company financials, revenue generated,
market potential, investment in research and development, new market
initiatives, global presence, production sites and facilities, production
capacities, company strengths and weaknesses, product launch, product width and
breadth, application dominance. The above data points provided are only related
to the companies’ focus related to acetone market.
The major players covered in the acetone market report are
Cepsa, KUMHO P&B CHEMICALS., INC., SABIC, LyondellBasell Industries
Holdings B.V., INEOS, Dow, Shell International B.V., Honeywell International
Inc., Mitsui Chemicals Inc., EMCO Chemical Distributors, Inc., Prasol Chemicals
Pvt. Ltd., Formosa Chemicals & Fiber Corp., Altivia, Borealis AG, Hindustan
Organic Chemicals Limited, Domo Chemicals, U.S. Chemical & Plastics.,
Sunmarks, LLC., The Plaza Group, Versalis S.p.A. among other domestic and
global players. Market share data is available for Global, North America, Europe,
Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
DBMR analysts understand competitive strengths and provide competitive analysis
for each competitor separately.
In August 2020, Altivia Ketones & Additives, LLC, an
affiliate of Altivia, announced the acquisition of Dow's Acetone Derivatives
Business and associated chemical manufacturing assets at Institute, West
Virginia, as well as the Institute, Industrial Park. The facility houses of acetone
derivatives business and also other Dow and Dupont business manufacturers
Ketones and Carbinols, employed mainly in the coating, adhesives, and
pharmaceuticals business. With this, the company has enhanced its offering in
the market.
Acetone
Market Country Level Analysis
Acetone market is
analysed and market size insights and trends are provided by country,
application, distribution channel, grade outlook and end use as referenced
above.
The countries covered in the acetone market report are U.S.,
Canada and Mexico in North America, Germany, France, U.K., Netherlands,
Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China,
Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia,
Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi
Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa
(MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of
South America as part of South America.
Asia-Pacific dominates the acetone market due to affordable
infrastructure and labour costs and rising industrialization. Emergence of
advanced technology in industries is also a reason for the growth of market in
this region. North America is expected to grow at the highest growth rate in
the forecast period of 2021 to 2028 due to increase in establishment of
petrochemical industries in this region and usage of acetone in chemical and
plastic industries.
Key questions answered in the report:
·
What will the market development
pace of Acetone market?
·
What are the key factors driving the
Global Acetone market?
·
Who are the key manufacturers in
market space?
·
What are the market openings, market
hazard and market outline of the market?
·
What are sales, revenue, and price
analysis of top manufacturers of Acetone market?
·
Who are the distributors, traders,
and dealers of Acetone market?
·
What are the Acetone market opportunities
and threats faced by the vendors in the Global Acetone industries?
·
What are deals, income, and value
examination by types and utilizations of the market?
·
What are deals, income, and value
examination by areas of enterprises?
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