Global Acetone Market Analysis, Growth, Trends & Forecast 2018-2023 - ResearchAndMarkets.com

DUBLIN--()--The "Global Acetone Market - Segmented by Application, End User Industry and Region - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The acetone market is expected to witness a CAGR of approximately 3.56% during the forecast period, 2018-2023.

The acetone market is segmented on the basis of application and end-user industry. Based on application, BPA is the dominant application because of its extensive usage in the automotive industry. However, the demand is expected to grow at a moderate rate because of increasing regulations on its usage. Methyl Methacrylate (MMA) is expected to grow at a good rate because of increasing usage in cosmetics for artificial nail products, especially in Asia-Pacific economies.

Asia-Pacific is the largest market for acetone covering a market share of nearly 45%, and is expected to grow at a healthy rate during the forecast period. The growing demand for polycarbonate, which is resulting in increasing capacity for Bisphenol A (BPA), is expected to result in a robust demand for acetone in this region, as acetone is a precursor in the manufacture of BPA. China's polycarbonate (PC) capacity is increasing as a result of new 70,000 metric ton/year polycarbonate (PC) plant located in Yantai, Shandong Province. The plant is expected to require up to 5,000 metric ton of BPA, thereby, driving the acetone demand.

Companies Mentioned

  • ALTIVIA Petrochemicals LLC
  • BASF SE
  • Sinopec
  • Shell Chemical Co
  • Reliance Chemicals Ltd
  • PTT Group
  • Prasol Chemicals Ltd.
  • Mitsui Chemicals Inc.
  • LG Chem Ltd. LCY GROUP
  • Kumho P&B Chemicals
  • INEOS Phenol GmbH
  • Honeywell Chemicals
  • Green Biologics Ltd.
  • Formosa Chemicals and Fibre Corporation
  • DowDupont
  • CEPSA Quimica S.A.
  • Borealis AG

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Insights

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

9. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/research/b22wwr/global_acetone?w=4

Contacts

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Related Topics: Electronic Chemicals, Solvents

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Electronic Chemicals, Solvents