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Belgium Acetone Market Analysis Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Region-Wise Demand, Import & Export, 2015-2030
|Belgium Acetone Market Analysis Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Region-Wise Demand, Import & Export, 2015-2030|
Published: annual subscription
Belgium Acetone market demand stood at 223.69 Thousand Tonnes in 2020 and is forecast to reach 559.26 Thousand Tonnes by 2030, growing at a healthy CAGR of 7.22% until 2030. Demand for Acetone in Belgium is largely driven by its extensive consumption as an ideal solvent in the pharmaceuticals and paints and coatings industry. In addition, the continuous spike in demand for its highly consumed derivatives like Methyl Methacrylate and Bisphenol A for wide-ranging industrial applications are anticipated to contribute well to propel the market growth.
Due to the COVID-19, the market faced several setbacks due to disruption in supply-chain and value-chain which affected the market growth adversely. Manufacturing units were shut down and the demand for acetone subsided due to the presence of various restraining factors in the forecast period. However, post COVID-19 period the market is expected to pick up the pace eventually.
Under this subscription, you would be able to access Belgium Acetone market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Acetone.
Years Considered for Analysis:
Historical Years: 2015 - 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 - 2030
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
To extract data for the Belgium Acetone market, the ChemAnalyst team conducts primary research surveys with Acetone manufacturers, suppliers, distributors, wholesalers, and customers followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.