by The acetone market size is poised to grow by USD 10.55 billion by 2032 from USD 5.7 billion in 2022, exhibiting a CAGR of 6.40% during the forecast period 2023-2032.
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.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Acetone market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Acetone Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
Get a Sample Report: 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: Submarine Power Cable Market Size To Gain USD 32.86 Bn by 2032
The empirical study on the global Acetone market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Acetone Market. Our market report for the Acetone market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Top 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.
Data Sources and Methodology
To gather comprehensive insights on the Global Acetone Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Acetone Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Acetone market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
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
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Acetone market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Acetone market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Acetone market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Acetone market but also the strategic plans of industry leaders.
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
Unlocking Market Insights through Data Excellence
The “Precedence Statistics” flexible dashboard is a powerful tool that offers real-time news updates, economic and market forecasts, and customizable reports. It can be configured to support a wide range of analysis styles and strategic planning needs. This tool empowers users to stay informed and make data-driven decisions in various scenarios, making it a valuable asset for businesses and professionals looking to stay ahead in today’s dynamic and data-driven world.
Access our Premium Real Time Data Intelligence Tool, Visit: www.precedencestatistics.com
Precedence Statistics – Empowering Your Data Insights
Contact Us
Precedence Research
Apt 1408 1785 Riverside Drive Ottawa, ON, K1G 3T7, Canada
Call: +1 9197 992 333
Email: sales@precedenceresearch.com
