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Acetone Market

Acetone Market By Application (Methyl Methacrylate (MMA), Bisphenol A (BPA), Solvents, Other Applications), By End-user Industry (Cosmetics and Personal Care, Electronics, Construction, Automotive, Pharmaceutical, Agricultural Chemicals, Paints, Coatings, and Adhesives, Other), Regional Outlook, Competitive Landscape, Market Share Analysis and Forecast, 2018-2024

Report code: SDMRCH719228 | Industry: Chemicals | Published On: 2019-11-02

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
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