Asia Pacific Acetone Market Size, Share & Industry Trends Analysis Report By Application (Solvents, Bisphenol A, Methyl Methacrylate, and Others), By Grade (Technical Grade, and Specialty Grade), By Country and Growth Forecast, 2023

Description

List of Tables

The Asia Pacific Acetone Market would witness market growth of 7.6% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 2,110.8 Kilo Tonnes, showcasing a growth of 5.2% (2019-2022).

One of the primary and longstanding applications of acetone is its use as a solvent. Its excellent solvency properties make it a preferred choice for dissolving and processing various substances in chemical manufacturing. Acetone's versatility in solvency extends to applications such as coatings, adhesives, and cleaning agents. Acetone is gaining prominence in 3D printing, particularly in post-processing techniques. It is used to smooth the surfaces of 3D-printed objects, enhancing their appearance and finish.

The ability of acetone to dissolve certain thermoplastics contributes to the post-printing finishing process. Also, acetones in dermatological and transdermal preparations are an emerging advantage. It is employed in the formulation of creams and gels for topical applications. The ability of acetone to dissolve and deliver active ingredients makes it valuable in enhancing drug absorption through the skin. Acetone is finding applications in the flavor and fragrance industry. Its use in the extraction and formulation processes produces specific flavors and fragrances. The efficient dissolving properties of acetone make it valuable in creating concentrated and pure aromatic compounds.

Acetone is employed for cleaning and sterilizing equipment in pharmaceutical manufacturing in China. As the pharmaceutical industry expands its production capacities and adheres to stringent quality standards, the demand for acetone in cleaning and sterilization processes increases in China. As per China.org, in 2021, the combined business revenue of China's pharmaceutical companies increased by 18.7 percent annually, the greatest growth rate in five years. All these factors will uplift the regional market's expansion in coming years.

The China market dominated the Asia Pacific Acetone Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,288.1 Million by 2030. The India market is showcasing a CAGR of 7.9% during (2023 - 2030). Additionally, The Japan market would register a CAGR of 7.2% during (2023 - 2030).

Based on Application, the market is segmented into Solvents, Bisphenol A, Methyl Methacrylate, and Others. Based on Grade, the market is segmented into Technical Grade, and Specialty Grade. Based on countries, the market is segmented into China, India, Japan, South Korea, Indonesia, Australia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include INEOS Group Holdings S.A., Shell plc, Honeywell International, Inc., Mitsui Chemicals, Inc., SABIC (Saudi Arabian Oil Company), Arkema S.A., Solvay SA, Domo Chemicals GmbH, Cepsa Quimica, S.A. (CEPSA) and Kumho P&B Chemicals., Inc (Kumho Petrochemical Group).

Scope of the Study

Market Segments covered in the Report:

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Solvents
Bisphenol A
Methyl Methacrylate
Others

By Grade (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Technical Grade
Specialty Grade

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

China
India
Japan
South Korea
Indonesia
Australia
Rest of Asia Pacific

Companies Profiled

INEOS Group Holdings S.A.
Shell plc
Honeywell International, Inc.
Mitsui Chemicals, Inc.
SABIC (Saudi Arabian Oil Company)
Arkema S.A.
Solvay SA
Domo Chemicals GmbH
Cepsa Quimica, S.A. (CEPSA)
Kumho P&B Chemicals., Inc (Kumho Petrochemical Group)

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific Acetone Market, by Application
- 1.4.2 Asia Pacific Acetone Market, by Grade
- 1.4.3 Asia Pacific Acetone Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter's Five Force Analysis

Chapter 4. Asia Pacific Acetone Market by Application

4.1 Asia Pacific Solvents Market by Country
4.2 Asia Pacific Bisphenol A Market by Country
4.3 Asia Pacific Methyl Methacrylate Market by Country
4.4 Asia Pacific Others Market by Country

Chapter 5. Asia Pacific Acetone Market by Grade

5.1 Asia Pacific Technical Grade Market by Country
5.2 Asia Pacific Specialty Grade Market by Country

Chapter 6. Asia Pacific Acetone Market by Country

6.1 China Acetone Market
- 6.1.1 China Acetone Market by Application
- 6.1.2 China Acetone Market by Grade
6.2 India Acetone Market
- 6.2.1 India Acetone Market by Application
- 6.2.2 India Acetone Market by Grade
6.3 Japan Acetone Market
- 6.3.1 Japan Acetone Market by Application
- 6.3.2 Japan Acetone Market by Grade
6.4 South Korea Acetone Market
- 6.4.1 South Korea Acetone Market by Application
- 6.4.2 South Korea Acetone Market by Grade
6.5 Indonesia Acetone Market
- 6.5.1 Indonesia Acetone Market by Application
- 6.5.2 Indonesia Acetone Market by Grade
6.6 Australia Acetone Market
- 6.6.1 Australia Acetone Market by Application
- 6.6.2 Australia Acetone Market by Grade
6.7 Rest of Asia Pacific Acetone Market
- 6.7.1 Rest of Asia Pacific Acetone Market by Application
- 6.7.2 Rest of Asia Pacific Acetone Market by Grade

Chapter 7. Company Profiles

7.1 INEOS Group Holdings S.A.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Recent strategies and developments:
  - 7.1.4.1 Product Launches and Product Expansions:
- 7.1.5 SWOT Analysis
7.2 Shell plc
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
7.3 Honeywell International, Inc.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
7.4 Mitsui Chemicals, Inc.
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 SWOT Analysis
7.5 SABIC (Saudi Arabian Oil Company)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 SWOT Analysis
7.6 Arkema S.A.
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Recent strategies and developments:
  - 7.6.4.1 Acquisition and Mergers:
- 7.6.5 SWOT Analysis
7.7 Solvay SA
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 SWOT Analysis
7.8 Domo Chemicals GmbH
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
7.9 Cepsa Quimica, S.A. (CEPSA)
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Recent strategies and developments:
  - 7.9.4.1 Product Launches and Product Expansions:
- 7.9.5 SWOT Analysis
7.10. Kumho P&B Chemicals., Inc (Kumho Petrochemical Group)
- 7.10.1 Company Overview
- 7.10.2 SWOT Analysis

LIST OF TABLES

TABLE 1 Asia Pacific Acetone Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Acetone Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Asia Pacific Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Asia Pacific Acetone Market by Application, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Acetone Market by Application, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Asia Pacific Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Asia Pacific Solvents Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Solvents Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Solvents Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Asia Pacific Solvents Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Asia Pacific Bisphenol A Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Bisphenol A Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Bisphenol A Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Asia Pacific Bisphenol A Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Asia Pacific Methyl Methacrylate Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Methyl Methacrylate Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Methyl Methacrylate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Asia Pacific Methyl Methacrylate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Asia Pacific Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Asia Pacific Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 28 Asia Pacific Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 29 Asia Pacific Technical Grade Market by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Technical Grade Market by Country, 2023 - 2030, USD Million
TABLE 31 Asia Pacific Technical Grade Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Asia Pacific Technical Grade Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Asia Pacific Specialty Grade Market by Country, 2019 - 2022, USD Million
TABLE 34 Asia Pacific Specialty Grade Market by Country, 2023 - 2030, USD Million
TABLE 35 Asia Pacific Specialty Grade Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Asia Pacific Specialty Grade Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Asia Pacific Acetone Market by Country, 2019 - 2022, USD Million
TABLE 38 Asia Pacific Acetone Market by Country, 2023 - 2030, USD Million
TABLE 39 Asia Pacific Acetone Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Asia Pacific Acetone Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 China Acetone Market, 2019 - 2022, USD Million
TABLE 42 China Acetone Market, 2023 - 2030, USD Million
TABLE 43 China Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 44 China Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 45 China Acetone Market by Application, 2019 - 2022, USD Million
TABLE 46 China Acetone Market by Application, 2023 - 2030, USD Million
TABLE 47 China Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 48 China Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 49 China Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 50 China Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 51 China Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 52 China Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 53 India Acetone Market, 2019 - 2022, USD Million
TABLE 54 India Acetone Market, 2023 - 2030, USD Million
TABLE 55 India Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 56 India Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 57 India Acetone Market by Application, 2019 - 2022, USD Million
TABLE 58 India Acetone Market by Application, 2023 - 2030, USD Million
TABLE 59 India Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 India Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 India Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 62 India Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 63 India Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 64 India Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 65 Japan Acetone Market, 2019 - 2022, USD Million
TABLE 66 Japan Acetone Market, 2023 - 2030, USD Million
TABLE 67 Japan Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Japan Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Japan Acetone Market by Application, 2019 - 2022, USD Million
TABLE 70 Japan Acetone Market by Application, 2023 - 2030, USD Million
TABLE 71 Japan Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 Japan Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 Japan Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 74 Japan Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 75 Japan Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 76 Japan Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 77 South Korea Acetone Market, 2019 - 2022, USD Million
TABLE 78 South Korea Acetone Market, 2023 - 2030, USD Million
TABLE 79 South Korea Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 80 South Korea Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 81 South Korea Acetone Market by Application, 2019 - 2022, USD Million
TABLE 82 South Korea Acetone Market by Application, 2023 - 2030, USD Million
TABLE 83 South Korea Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 South Korea Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 South Korea Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 86 South Korea Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 87 South Korea Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 88 South Korea Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 89 Indonesia Acetone Market, 2019 - 2022, USD Million
TABLE 90 Indonesia Acetone Market, 2023 - 2030, USD Million
TABLE 91 Indonesia Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Indonesia Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Indonesia Acetone Market by Application, 2019 - 2022, USD Million
TABLE 94 Indonesia Acetone Market by Application, 2023 - 2030, USD Million
TABLE 95 Indonesia Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Indonesia Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Indonesia Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 98 Indonesia Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 99 Indonesia Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 100 Indonesia Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 101 Australia Acetone Market, 2019 - 2022, USD Million
TABLE 102 Australia Acetone Market, 2023 - 2030, USD Million
TABLE 103 Australia Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Australia Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Australia Acetone Market by Application, 2019 - 2022, USD Million
TABLE 106 Australia Acetone Market by Application, 2023 - 2030, USD Million
TABLE 107 Australia Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 Australia Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 Australia Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 110 Australia Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 111 Australia Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 112 Australia Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of Asia Pacific Acetone Market, 2019 - 2022, USD Million
TABLE 114 Rest of Asia Pacific Acetone Market, 2023 - 2030, USD Million
TABLE 115 Rest of Asia Pacific Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of Asia Pacific Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of Asia Pacific Acetone Market by Application, 2019 - 2022, USD Million
TABLE 118 Rest of Asia Pacific Acetone Market by Application, 2023 - 2030, USD Million
TABLE 119 Rest of Asia Pacific Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of Asia Pacific Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of Asia Pacific Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 122 Rest of Asia Pacific Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 123 Rest of Asia Pacific Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of Asia Pacific Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 125 Key Information - INEOS Group Holdings S.A.
TABLE 126 Key Information - Shell plc
TABLE 127 Key Information - Honeywell International, Inc.
TABLE 128 Key Information - Mitsui Chemicals, Inc.
TABLE 129 Key Information - SABIC
TABLE 130 Key information - Arkema S.A.
TABLE 131 Key Information - Solvay SA
TABLE 132 Key Information - Domo chemicals gmbh
TABLE 133 Key Information - CEPSA QUIMICA, S.A.
TABLE 134 Key Information - Kumho P&B Chemicals., Inc

Asia Pacific Acetone Market Size, Share & Industry Trends Analysis Report By Application (Solvents, Bisphenol A, Methyl Methacrylate, and Others), By Grade (Technical Grade, and Specialty Grade), By Country and Growth Forecast, 2023 - 2030