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Acetone Market Analysis, Cost Structures, Status and Forecasts to 2027

The acetone market is projected to grow at a rate of 5.0% in terms of value, from 2019 to reach USD 6.64 Billion by 2027.

VijayKurane
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Acetone Market Analysis, Cost Structures, Status and Forecasts to 2027

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  1. Acetone Market To Reach USD 6.64 Billion By 2027

  2. Market Summary Market Size – USD 4.24 billion in 2018, Market Growth - CAGR of 5.0%, Market Trends – Rapid growth of the cosmetics industry The global acetone market is expected to reach USD 6.64 Billion by 2027, according to a new report by Reports and Data. Acetone is a commonly used solvent primarily used in industrial and laboratory settings, as well as is considered safe enough for household applications. Currently, acetone is produced from petrochemicals as a co-product of phenol. Further key findings from the report suggest • By grade, the technical grade contributed to a larger market share of around 85.0% in 2018 and is estimated to grow at a rate of 4.5% in the forecast period. • By application, the solvents dominated the market in 2018 and is expected to witness a growth rate of 5.1% in the forecast period. Solvents find application in products including nail polish removers, lacquers & finishes, cement, cleaners, films, paint, coatings, and adhesives. • By industry vertical, the electronics industry held a considerable market share in 2018 and is projected to have a CAGR of 5.4% in the period 2019-2027. Electronics devices require exceptionally clean components for maximum performance and acetone suits well in meeting those requirements. Also, acetone is used in the manufacturing of polycarbonates used in several electronics applications. www.reportsanddata.com

  3. Market Summary Key Players: Honeywell Research Chemicals, Royal Dutch Shell PLC, INEOS Phenol GmbH, Mitsui Chemicals Inc., CEPSA Quimica, Inc., Prasol Chemicals Pvt. Ltd. LyondellBasell Industries Inc., ALTIVIA Ketones & Additives, LLC, SABIC, and Kumho P&B Chemicals, among others. Segmentation: Application Outlook (Volume, Kilo Tons; 2016-2027and Revenue, USDMillion; 2016-2027) Solvents Bisphenol-A Methyl Methacrylate (MMA) Methyl Isobutyl Ketone Others Ask for Sample Report at: https://www.reportsanddata.com/sample-enquiry-form/2330 www.reportsanddata.com

  4. Market Summary Industry Vertical Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027) •Cosmetics •Electronics •Automotive •Construction •Agriculture •Paints & Coatings Regional Outlook for Acetone Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Click here to avail the report at an unbelievable discount rate: https://www.reportsanddata.com/discount-enquiry-form/2330 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact- based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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