by The global acetone market size was estimated to be around US$ 5.7 billion in 2022. It is projected to reach US$ 10.55 billion by 2032, indicating a CAGR of 6.40% from 2023 to 2032.
Key Takeaways
- By region, Asia-Pacific contributed more than 48% of revenue share in 2022. Whereas Europe is estimated to expand the fastest CAGR between 2023 and 2032.
- By application, the solvents segment has held the largest market share of 36% in 2022.
- By grade, the technical grade segment generated over 96% of market share in 2022. On the other hand, the specialty grade segment is expected to expand at the fastest CAGR over the projected period.
- By end-use, the plastic segment had the largest market share of 39% in 2022. On the other hand, the cosmetic & personal care segment is expected to expand at the fastest CAGR over the projected period.
The market research report on the Acetone market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Acetone products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.
Get a Sample: https://www.precedenceresearch.com/sample/3437
Acetone Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 6.4% |
| Market Size in 2023 | USD 6.04 Billion |
| Market Size by 2032 | USD 10.55 Billion |
| Largest Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Application, By Grade, and By End Use |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Packaging Adhesives Market Size to Garner USD 26.52 Billion by 2032
The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global Acetone market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Acetone market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Acetone products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.
The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.
This in-depth research report offers valuable insights into the Acetone market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.
The competitive landscape section of the report provides detailed information on Acetone market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Acetone market.
Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Key Players
- INEOS
- Shell Chemicals
- The Dow Chemical Company
- SABIC (Saudi Basic Industries Corporation)
- Mitsui Chemicals, Inc.
- Formosa Chemicals & Fibre Corporation
- Honeywell International Inc.
- LG Chem
- Reliance Industries Limited
- Celanese Corporation
- Perstorp Group
- Chemanol (Chemanol Advanced Chemical Industries Company)
- RadiciGroup
- Altivia
- Hindustan Organics Chemicals Ltd.
Market Segmentations
By Application
- Solvents
- Bisphenol A
- Methyl Methacrylate
By Grade
- Technical Specialty
- Specialty Grade
By End Use
- Chemical
- Pharmaceutical
- Cosmetic & Personal Care
- Paints & Coating
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Acetone Market
5.1. COVID-19 Landscape: Acetone Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Acetone Market, By Application
8.1. Acetone Market Revenue and Volume, By Application, 2023-2032
8.1.1 Solvents
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Bisphenol A
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Methyl Methacrylate
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Acetone Market, By Grade
9.1. Acetone Market Revenue and Volume, By Grade, 2023-2032
9.1.1. Technical Specialty
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Specialty Grade
9.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Acetone Market, By End Use
10.1. Acetone Market Revenue and Volume, By End Use, 2023-2032
10.1.1. Chemical
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Pharmaceutical
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Cosmetic & Personal Care
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Paints & Coating
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Acetone Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, By Application (2020-2032)
11.1.2. Market Revenue and Forecast, By Grade (2020-2032)
11.1.3. Market Revenue and Forecast, By End Use (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, By Application (2020-2032)
11.1.4.2. Market Revenue and Forecast, By Grade (2020-2032)
11.1.4.3. Market Revenue and Forecast, By End Use (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, By Application (2020-2032)
11.1.5.2. Market Revenue and Forecast, By Grade (2020-2032)
11.1.5.3. Market Revenue and Forecast, By End Use (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, By Application (2020-2032)
11.2.2. Market Revenue and Forecast, By Grade (2020-2032)
11.2.3. Market Revenue and Forecast, By End Use (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, By Application (2020-2032)
11.2.4.2. Market Revenue and Forecast, By Grade (2020-2032)
11.2.4.3. Market Revenue and Forecast, By End Use (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, By Application (2020-2032)
11.2.5.2. Market Revenue and Forecast, By Grade (2020-2032)
11.2.5.3. Market Revenue and Forecast, By End Use (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, By Application (2020-2032)
11.2.6.2. Market Revenue and Forecast, By Grade (2020-2032)
11.2.6.3. Market Revenue and Forecast, By End Use (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, By Application (2020-2032)
11.2.7.2. Market Revenue and Forecast, By Grade (2020-2032)
11.2.7.3. Market Revenue and Forecast, By End Use (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, By Application (2020-2032)
11.3.2. Market Revenue and Forecast, By Grade (2020-2032)
11.3.3. Market Revenue and Forecast, By End Use (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, By Application (2020-2032)
11.3.4.2. Market Revenue and Forecast, By Grade (2020-2032)
11.3.4.3. Market Revenue and Forecast, By End Use (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, By Application (2020-2032)
11.3.5.2. Market Revenue and Forecast, By Grade (2020-2032)
11.3.5.3. Market Revenue and Forecast, By End Use (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, By Application (2020-2032)
11.3.6.2. Market Revenue and Forecast, By Grade (2020-2032)
11.3.6.3. Market Revenue and Forecast, By End Use (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, By Application (2020-2032)
11.3.7.2. Market Revenue and Forecast, By Grade (2020-2032)
11.3.7.3. Market Revenue and Forecast, By End Use (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, By Application (2020-2032)
11.4.2. Market Revenue and Forecast, By Grade (2020-2032)
11.4.3. Market Revenue and Forecast, By End Use (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, By Application (2020-2032)
11.4.4.2. Market Revenue and Forecast, By Grade (2020-2032)
11.4.4.3. Market Revenue and Forecast, By End Use (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, By Application (2020-2032)
11.4.5.2. Market Revenue and Forecast, By Grade (2020-2032)
11.4.5.3. Market Revenue and Forecast, By End Use (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, By Application (2020-2032)
11.4.6.2. Market Revenue and Forecast, By Grade (2020-2032)
11.4.6.3. Market Revenue and Forecast, By End Use (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, By Application (2020-2032)
11.4.7.2. Market Revenue and Forecast, By Grade (2020-2032)
11.4.7.3. Market Revenue and Forecast, By End Use (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, By Application (2020-2032)
11.5.2. Market Revenue and Forecast, By Grade (2020-2032)
11.5.3. Market Revenue and Forecast, By End Use (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, By Application (2020-2032)
11.5.4.2. Market Revenue and Forecast, By Grade (2020-2032)
11.5.4.3. Market Revenue and Forecast, By End Use (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, By Application (2020-2032)
11.5.5.2. Market Revenue and Forecast, By Grade (2020-2032)
11.5.5.3. Market Revenue and Forecast, By End Use (2020-2032)
Chapter 12. Company Profiles
12.1. INEOS
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Shell Chemicals
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. The Dow Chemical Company
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. SABIC (Saudi Basic Industries Corporation)
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Mitsui Chemicals, Inc.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Formosa Chemicals & Fibre Corporation
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Honeywell International Inc.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. LG Chem
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Reliance Industries Limited
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Celanese Corporation
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Contact Us:
Mr. Alex
Sales Manager
Call: +1 9197 992 333
Email: sales@precedenceresearch.com
