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Global Acetone Market Size study, by Application (Solvents, Methyl Methacrylate, Bisphenol A, and Other applications), Distribution Channel, Grade, and Regional Forecasts 2021-2027

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Global Acetone Market Size study, by Application (Solvents, Methyl Methacrylate, Bisphenol A, and Other applications), Distribution Channel, Grade, and Regional Forecasts 2021-2027
Published: June 5, 2021 Content info:
Description

Global Acetone Market is valued approximately USD 4.88 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.3 % over the forecast period 2021-2027. Acetone is an organic solvent that is volatile, colourless, and flammable. It readily evaporates, is combustible, and dissolves in water. Acetone is used in the production of textiles, medicines, plastic, and other compounds. Rising demand for bio-based solvents is a major factor driving the acetone market. Acetone is increasingly being used in the textile sector to degrease wool and degum silk fueling the market growth for acetone. Also, high demand of solvents in pharmaceuticals industry has led the adoption of Acetone across the forecast period. According to the European Biomass Industry Association, the overall bio-based share in Europe increased from 12% in 2008 to 15% in 2015 and increase in the bio-based share of the chemical industry from about 6% in 2008 to 7% in 2015. However, acetone flammability, low acute toxicity and acetone-related health concerns such as liver damage, vomiting, and blindness induced by exposure to acetone and high price of acetone hampers the growth of the market over the forecast period of 2021-2027. Also, rapidly growing use of acetone in personal care industry and use of sanitization products with acetone is likely to increase the market growth during the forecast period.

The global acetone market is segmented into main regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising demand for acetone in textile industries and cleaning products. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as rising disposable income, increasing use of acetone in cosmetic industry and surging demand for paints & coatings would create lucrative growth prospects for the acetone market across Asia-Pacific region.

Major market player included in this report are:

INEOS Phenol GmbH

Mitsui Chemicals Inc

The Dow Chemical Company

SABIC

Prasol Chemicals Pvt Ltd.

Royal Dutch Shell PLC

CEPSA Quimica, S.A.

Thermo Fisher Scientific Inc

LyondellBasell Industries Inc.

Honeywell Research Chemicals

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Solvents

Methyl Methacrylate (MMA)

Bisphenol A

Other applications

By Distribution Channel:

Manufacturer to Distributor

Manufacturer to End-user

By Grade:

Technical Grade

Specialty Grade

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Acetone Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Acetone Market, by Region, 2019-2027 (USD Billion)
    • 1.2.2. Acetone Market, by Application, 2019-2027 (USD Billion)
    • 1.2.3. Acetone Market, by Distribution Channel, 2019-2027 (USD Billion)
    • 1.2.4. Acetone Market, by Grade, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Acetone Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Acetone Market Dynamics

  • 3.1. Acetone Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. High demand of solvents in pharmaceuticals industry
      • 3.1.1.2. Rising demand for bio-based solvents
    • 3.1.2. Market Challenges
      • 3.1.2.1. Acetone flammability and low acute toxicity
      • 3.1.2.2. High price of acetone
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rapidly growing use of acetone in personal care industry
      • 3.1.3.2. Use of sanitization products with acetone

Chapter 4. Global Acetone Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Acetone Market, by Application

  • 5.1. Market Snapshot
  • 5.2. Global Acetone Market by Application, Performance - Potential Analysis
  • 5.3. Global Acetone Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
  • 5.4. Acetone Market, Sub Segment Analysis
    • 5.4.1. Solvents
    • 5.4.2. Methyl Methacrylate (MMA)
    • 5.4.3. Bisphenol A
    • 5.4.4. Other applications

Chapter 6. Global Acetone Market, by Distribution Channel

  • 6.1. Market Snapshot
  • 6.2. Global Acetone Market by Distribution Channel, Performance - Potential Analysis
  • 6.3. Global Acetone Market Estimates & Forecasts by Distribution Channel 2018-2027 (USD Billion)
  • 6.4. Acetone Market, Sub Segment Analysis
    • 6.4.1. Manufacturer to Distributor
    • 6.4.2. Manufacturer to End-user

Chapter 7. Global Acetone Market, by Grade

  • 7.1. Market Snapshot
  • 7.2. Global Acetone Market by Grade, Performance - Potential Analysis
  • 7.3. Global Acetone Market Estimates & Forecasts by Grade 2018-2027 (USD Billion)
  • 7.4. Acetone Market, Sub Segment Analysis
    • 7.4.1. Technical Grade
    • 7.4.2. Specialty Grade

Chapter 8. Global Acetone Market, Regional Analysis

  • 8.1. Acetone Market, Regional Market Snapshot
  • 8.2. North America Acetone Market
    • 8.2.1. U.S. Acetone Market
      • 8.2.1.1. Application breakdown estimates & forecasts, 2018-2027
      • 8.2.1.2. Distribution Channel breakdown estimates & forecasts, 2018-2027
      • 8.2.1.3. Grade breakdown estimates & forecasts, 2018-2027
    • 8.2.2. Canada Acetone Market
  • 8.3. Europe Acetone Market Snapshot
    • 8.3.1. U.K. Acetone Market
    • 8.3.2. Germany Acetone Market
    • 8.3.3. France Acetone Market
    • 8.3.4. Spain Acetone Market
    • 8.3.5. Italy Acetone Market
    • 8.3.6. Rest of Europe Acetone Market
  • 8.4. Asia-Pacific Acetone Market Snapshot
    • 8.4.1. China Acetone Market
    • 8.4.2. India Acetone Market
    • 8.4.3. Japan Acetone Market
    • 8.4.4. Australia Acetone Market
    • 8.4.5. South Korea Acetone Market
    • 8.4.6. Rest of Asia Pacific Acetone Market
  • 8.5. Latin America Acetone Market Snapshot
    • 8.5.1. Brazil Acetone Market
    • 8.5.2. Mexico Acetone Market
  • 8.6. Rest of The World Acetone Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. INEOS Phenol GmbH
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Mitsui Chemicals Inc
    • 9.2.3. The Dow Chemical Company
    • 9.2.4. SABIC
    • 9.2.5. Prasol Chemicals Pvt Ltd.
    • 9.2.6. Royal Dutch Shell PLC
    • 9.2.7. CEPSA Quimica, S.A.
    • 9.2.8. Thermo Fisher Scientific Inc
    • 9.2.9. LyondellBasell Industries Inc.
    • 9.2.10. Honeywell Research Chemicals

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Acetone market, report scope
  • TABLE 2. Global Acetone market estimates & forecasts by Region 2018-2027 (USD Billion)
  • TABLE 3. Global Acetone market estimates & forecasts by Application 2018-2027 (USD Billion)
  • TABLE 4. Global Acetone market estimates & forecasts by Distribution Channel 2018-2027 (USD Billion)
  • TABLE 5. Global Acetone market estimates & forecasts by Grade 2018-2027 (USD Billion)
  • TABLE 6. Global Acetone market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Global Acetone market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Acetone market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Acetone market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Acetone market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Acetone market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Acetone market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Acetone market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Acetone market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global Acetone market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. U.S. Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. U.S. Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 18. U.S. Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 19. Canada Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 20. Canada Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 21. Canada Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 22. UK Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 23. UK Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 24. UK Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 25. Germany Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 26. Germany Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 27. Germany Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 28. RoE Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 29. RoE Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 30. RoE Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 31. China Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 32. China Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 33. China Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 34. India Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 35. India Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 36. India Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 37. Japan Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 38. Japan Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 39. Japan Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 40. RoAPAC Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 41. RoAPAC Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 42. RoAPAC Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 43. Brazil Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 44. Brazil Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 45. Brazil Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 46. Mexico Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 47. Mexico Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 48. Mexico Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 49. RoLA Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 50. RoLA Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 51. RoLA Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 52. Row Acetone market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 53. Row Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 54. Row Acetone market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 55. List of secondary sources, used in the study of global Acetone market
  • TABLE 56. List of primary sources, used in the study of global Acetone market
  • TABLE 57. Years considered for the study
  • TABLE 58. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Acetone market, research methodology
  • FIG 2. Global Acetone market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Acetone market, key trends 2020
  • FIG 5. Global Acetone market, growth prospects 2021-2027
  • FIG 6. Global Acetone market, porters 5 force model
  • FIG 7. Global Acetone market, pest analysis
  • FIG 8. Global Acetone market, value chain analysis
  • FIG 9. Global Acetone market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Acetone market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Acetone market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Acetone market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Acetone market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Acetone market, regional snapshot 2018 & 2027
  • FIG 15. North America Acetone market 2018 & 2027 (USD Billion)
  • FIG 16. Europe Acetone market 2018 & 2027 (USD Billion)
  • FIG 17. Asia pacific Acetone market 2018 & 2027 (USD Billion)
  • FIG 18. Latin America Acetone market 2018 & 2027 (USD Billion)
  • FIG 19. Global Acetone market, company market share analysis (2020)
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