PUBLISHER: ChemAnalyst | PRODUCT CODE: 965988
PUBLISHER: ChemAnalyst | PRODUCT CODE: 965988
Thailand Acetone market demand stood at 174.77 Thousand Tonnes in 2020 and is forecast to reach 371.2 Thousand Tonnes by 2030, growing at a healthy CAGR of 7.12% until 2030. Demand for Acetone in Thailand is anticipated to grow significantly in the forecast period, driven by its strong requirement in the chemical industry to produce Isopropyl Alcohol and Bisphenol A, compounds widely required to produce various end-use products in industries like pharmaceuticals, adhesives, cosmetics, and paints and coatings. Moreover, the increasing requirement for Acetone in niche pharmaceutical applications backed by the rapid expansion of the Asian pharmaceutical industry is likely to surge Acetone demand in the next five years. The outbreak of COVID-19 impacted the market growth adversely as the major end-user industries were closed following the government instructions and guidelines. Disruption in the supply chain was observed which further affected the market growowth. However, post COVID-19 period the market is expected to pick up the pace and witness growth in the forecast period.
Under this subscription, you would be able to access Thailand 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
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Deliverables
To extract data for the Thailand 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.