Acetone is inflammable, colorless, clear, and volatile organic compound with sweet odor which is the simplest form of ketone. Propylene is used as a feedstock for the production of most of the acetone. Acetone is used as a direct solvent and main chemical use is as an intermediate in the manufacture of methyl methacrylate, methacrylic acid, and bisphenol-A, and aldol chemicals.
Rise in demand for the use of methyl methacrylate in LCDs for consumer electronics market, rising use of polycarbonate in the vehicle industry, which is produced with the use of bisphenol-A is also anticipated to boost the growth of acetone market. Application of acetone is in automotive, pharmaceuticals, electronics, adhesives, paints & coatings, metal cleaning, agricultural chemicals, rubber & polymer, metal cleaning, and printing inks. With water it might react explosively and burst into flames with air at high temperature creating it an extreme hazardous chemical. This is estimated to be a major restrictive factor for the market growth.
The global Acetone market is segmented on the basis of Application, and End-user Industry. The global Acetone market Based on Application the global Acetone market is segregated as Methyl Methacrylate (MMA), Bisphenol A (BPA), Solvents, and Other Applications. Based on End-user Industry the global Acetone market is segmented as Cosmetics and Personal Care, Electronics, Construction, Automotive, Pharmaceutical, Agricultural Chemicals, Paints, Coatings, and Adhesives, and Other.
The regional outlook on the global Acetone market covers regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Acetone market for each region is further bifurcated for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Landscape
The global Acetone market is highly competitive in nature with major players including NEOS Phenol, Sunoco, Mitsui, Shell, Shanghai Sinopec Mitsui, DOW Chemical, CEPSA Quimica U.S., Chemicals LLC, Formosa Chemicals & Fibre Corp, Minda, EMCO Chemical Distributors, ConChemCo, Prasol. and others. The report covers competitive analysis on the key market share holders. The companies are focused on several expansion and growth strategies to enhance their footprint in the Acetone market. Market players are also involved in value chain integration gain competitive advantage.
Report Scope:
The Acetone market report scope covers the in-depth business analysis considering major market dynamics, forecast parameters, and price trends for the industry growth. The report forecasts market sizing at global, regional and country levels, providing comprehensive outlook of industry trends in each market segments and sub-segments from 2017 to 2024. The market segmentations include,
Acetone Market, By Application
• Methyl Methacrylate (MMA)
• Bisphenol A (BPA)
• Solvents
• Other Applications
Acetone Market, By End-user Industry
• Cosmetics and Personal Care
• Electronics
• Construction
• Automotive
• Pharmaceutical
• Agricultural Chemicals
• Paints, Coatings, and Adhesives
• Other
Acetone Market, By Region
• North America
• Europe
• Asia-Pacific
• Rest of the World
The report scope also includes competitive landscape covering the competitive analysis, strategy analysis and company profiles of the major market players. The companies profiled in the report include NEOS Phenol, Sunoco, Mitsui, Shell, Shanghai Sinopec Mitsui, DOW Chemical, CEPSA Quimica U.S., Chemicals LLC, Formosa Chemicals & Fibre Corp, Minda, EMCO Chemical Distributors, ConChemCo, , Prasol., and others. Company profiles cover company overview, product landscape, financial overview, and strategy analysis.
Report Highlights
• Global Acetone market sizes from 2017 to 2024
• Market growth projections through 2024 and the resultant market forecast for 2024
• Impact of the market dynamics including market drivers, restraints and opportunities in the market size
• Key industry trends, product trends, and application trends
• Major driving/ leading segmentations, regions and countries in the global Acetone market
• Competitive analysis with comprehensive company profiles of the leading industry players
• In-depth analysis on growth and expansion strategies adopted by market players and their resulting effect on market growth and competition
Report Customizations
The customization research services cover the additional custom report features such as additional regional and country level analysis as per the client requirements.
Table of Contents
1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Acetone Market, By Application
5.1 Introduction
5.2 Methyl Methacrylate (MMA)
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Bisphenol A (BPA)
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Solvents
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Other Applications
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Acetone Market, By End-User
6.1 Introduction
6.2 Cosmetics and Personal Care
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Electronics
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Construction
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Automotive
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Pharmaceutical
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Agricultural Chemicals
6.7.1 Market Overview
6.7.2 Market Size and Forecast
6.8 Paints, Coatings, and Adhesives
6.8.1 Market Overview
6.8.2 Market Size and Forecast
6.9 Other
6.9.1 Market Overview
6.9.2 Market Size and Forecast
7. Acetone Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Acetone, By Application
7.2.2 North America Acetone, By End-user Industry
7.3 Europe
7.3.1 Europe Acetone, By Application
7.3.2 Europe Acetone, By End-user Industry
7.4 Asia-Pacific
7.4.1 Asia-Pacific Acetone, By Application
7.4.2 Asia-Pacific Acetone, By End-user Industry
7.5 Rest of the World
7.5.1 Rest of the World Acetone, By Application
7.5.2 Rest of the World Acetone, By End-user Industry
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 NEOS Phenol
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Sunoco
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Mitsui
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Shell
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Shanghai Sinopec Mitsui
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 DOW Chemical
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 CEPSA Quimica U.S.
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Chemicals LLC
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Formosa Chemicals & Fibre Corp
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Minda
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
9.11 EMCO Chemical Distributors
9.11.1 Company Overview
9.11.2 Product/Service Landscape
9.11.3 Financial Overview
9.11.4 Recent Developments
9.12 ConChemCo,
9.12.1 Company Overview
9.12.2 Product/Service Landscape
9.12.3 Financial Overview
9.12.4 Recent Developments
9.13 Prasol.
9.13.1 Company Overview
9.13.2 Product/Service Landscape
9.13.3 Financial Overview
9.13.4 Recent Developments
SDMR employs a three way data triangulation approach to arrive at market estimates. We use primary research, secondary research and data triangulation by top down and bottom up approach
Secondary Research:
Our research methodology involves in-depth desk research using various secondary sources. Data is gathered from association/government publications/databases, company websites, press releases, annual reports/presentations/sec filings, technical papers, journals, research papers, magazines, conferences, tradeshows, and blogs.
Key Data Points through secondary research-
Macro-economic data points
Import Export data
Identification of major market trends across various applications
Primary understanding of the industry for both the regions
Competitors analysis for the production capacities, key production sites, competitive landscape
Key customers
Production Capacity
Pricing Scenario
Cost Margin Analysis
Key Data Points through primary research-
Major factors driving the market and its end application markets
Comparative analysis and customer analysis
Regional presence
Collaborations or tie-ups
Annual Production, and sales
Profit Margins
Average Selling Price
Data Triangulation:
Data triangulation is done using top down and bottom approaches. However, to develop accurate market sizing estimations, both the methodologies are used to accurately arrive at the market size. Insert Image
