Acetone Market Trend, Share, Growth, Size, Analysis and Forecast 2030
Acetone Market By Grade (Specialty Grade and Technical Grade), By Application (Methyl Methacrylate, Solvents, Bisphenol A and Others) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 - 2030
Category: Chemical & Materials Report Format : PDF
Pages: 214 Report Code: ZMR-7951
Published Date: Jan-2024 Status : Published
| Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 5.5 Billion | USD 9.8 Billion | 7.5% | 2022 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Acetone Market, (2023 - 2030) (USD Billion)
- 2.2 Global Acetone Market : snapshot
- Chapter 3. Global Acetone Market - Industry Analysis
- 3.1 Acetone Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing consumer demand for skincare and cosmetics drives market growth
- 3.3 Market Restraints
- 3.3.1. Government laws prohibiting the use of BPA in excessive amounts hamper market growth
- 3.4 Market Opportunities
- 3.4.1. Innovations in the resin and polymer sectors offer a lucrative opportunity for market expansion
- 3.5 Market Challenges
- 3.5.1. Adverse effects of acetone pose a major challenge to market growth
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Grade
- 3.7.2 Market attractiveness analysis By Application
- Chapter 4. Global Acetone Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Acetone Market: company market share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Acetone Market - Grade Analysis
- 5.1 Global Acetone Market overview: By Grade
- 5.1.1 Global Acetone Market share, By Grade, 2022 and 2030
- 5.2 Specialty Grade
- 5.2.1 Global Acetone Market by Specialty Grade, 2023 - 2030 (USD Billion)
- 5.3 Technical Grade
- 5.3.1 Global Acetone Market by Technical Grade, 2023 - 2030 (USD Billion)
- 5.1 Global Acetone Market overview: By Grade
- Chapter 6. Global Acetone Market - Application Analysis
- 6.1 Global Acetone Market overview: By Application
- 6.1.1 Global Acetone Market share, By Application, 2022 and 2030
- 6.2 Methyl Methacrylate
- 6.2.1 Global Acetone Market by Methyl Methacrylate, 2023 - 2030 (USD Billion)
- 6.3 Solvents
- 6.3.1 Global Acetone Market by Solvents, 2023 - 2030 (USD Billion)
- 6.4 Bisphenol A
- 6.4.1 Global Acetone Market by Bisphenol A, 2023 - 2030 (USD Billion)
- 6.5 Others
- 6.5.1 Global Acetone Market by Others, 2023 - 2030 (USD Billion)
- 6.1 Global Acetone Market overview: By Application
- Chapter 7. Acetone Market - Regional Analysis
- 7.1 Global Acetone Market Regional Overview
- 7.2 Global Acetone Market Share, by Region, 2022 & 2030 (USD Billion)
- 7.3. North America
- 7.3.1 North America Acetone Market, 2023 - 2030 (USD Billion)
- 7.3.1.1 North America Acetone Market, by Country, 2023 - 2030 (USD Billion)
- 7.3.1 North America Acetone Market, 2023 - 2030 (USD Billion)
- 7.4 North America Acetone Market, by Grade, 2023 - 2030
- 7.4.1 North America Acetone Market, by Grade, 2023 - 2030 (USD Billion)
- 7.5 North America Acetone Market, by Application, 2023 - 2030
- 7.5.1 North America Acetone Market, by Application, 2023 - 2030 (USD Billion)
- 7.4. Europe
- 7.4.2 Europe Acetone Market, 2023 - 2030 (USD Billion)
- 7.4.2.1 Europe Acetone Market, by Country, 2023 - 2030 (USD Billion)
- 7.4.2 Europe Acetone Market, 2023 - 2030 (USD Billion)
- 7.4 Europe Acetone Market, by Grade, 2023 - 2030
- 7.4.1 Europe Acetone Market, by Grade, 2023 - 2030 (USD Billion)
- 7.5 Europe Acetone Market, by Application, 2023 - 2030
- 7.5.1 Europe Acetone Market, by Application, 2023 - 2030 (USD Billion)
- 7.5. Asia Pacific
- 7.5.3 Asia Pacific Acetone Market, 2023 - 2030 (USD Billion)
- 7.5.3.1 Asia Pacific Acetone Market, by Country, 2023 - 2030 (USD Billion)
- 7.5.3 Asia Pacific Acetone Market, 2023 - 2030 (USD Billion)
- 7.4 Asia Pacific Acetone Market, by Grade, 2023 - 2030
- 7.4.1 Asia Pacific Acetone Market, by Grade, 2023 - 2030 (USD Billion)
- 7.5 Asia Pacific Acetone Market, by Application, 2023 - 2030
- 7.5.1 Asia Pacific Acetone Market, by Application, 2023 - 2030 (USD Billion)
- 7.6. Latin America
- 7.6.4 Latin America Acetone Market, 2023 - 2030 (USD Billion)
- 7.6.4.1 Latin America Acetone Market, by Country, 2023 - 2030 (USD Billion)
- 7.6.4 Latin America Acetone Market, 2023 - 2030 (USD Billion)
- 7.4 Latin America Acetone Market, by Grade, 2023 - 2030
- 7.4.1 Latin America Acetone Market, by Grade, 2023 - 2030 (USD Billion)
- 7.5 Latin America Acetone Market, by Application, 2023 - 2030
- 7.5.1 Latin America Acetone Market, by Application, 2023 - 2030 (USD Billion)
- 7.7. The Middle-East and Africa
- 7.7.5 The Middle-East and Africa Acetone Market, 2023 - 2030 (USD Billion)
- 7.7.5.1 The Middle-East and Africa Acetone Market, by Country, 2023 - 2030 (USD Billion)
- 7.7.5 The Middle-East and Africa Acetone Market, 2023 - 2030 (USD Billion)
- 7.4 The Middle-East and Africa Acetone Market, by Grade, 2023 - 2030
- 7.4.1 The Middle-East and Africa Acetone Market, by Grade, 2023 - 2030 (USD Billion)
- 7.5 The Middle-East and Africa Acetone Market, by Application, 2023 - 2030
- 7.5.1 The Middle-East and Africa Acetone Market, by Application, 2023 - 2030 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 Formosa Chemicals and Fibre Corporation
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Altivia
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Honeywell International Inc.
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Borealis AG
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Cepsa
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 INEOS
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Kumho P&B Chemicals Inc.
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 BASF SE
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 LCY GROUP
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 PTT Phenol Company Limited
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Prasol Chemicals Pvt. Ltd
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Mitsui Chemicals Inc.
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Reliance Industries Limited
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 Shell PLC
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 and others.
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.1 Formosa Chemicals and Fibre Corporation
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Acetone Market, 2023 - 2030 (USD Billion)
- 4. Porter’s Five Forces Analysis
- 5. Global Acetone Market attractiveness, By Grade
- 6. Global Acetone Market attractiveness, By Application
- 7. Global Acetone Market share by Grade, 2023 and 2030 (USD Billion)
- 8. Global Acetone Market by Specialty Grade, 2023 - 2030 (USD Billion)
- 9. Global Acetone Market by Technical Grade, 2023 - 2030 (USD Billion)
- 10. Global Acetone Market share by Application, 2023 and 2030 (USD Billion)
- 11. Global Acetone Market by Methyl Methacrylate, 2023 - 2030 (USD Billion)
- 12. Global Acetone Market by Solvents, 2023 - 2030 (USD Billion)
- 13. Global Acetone Market by Bisphenol A, 2023 - 2030 (USD Billion)
- 14. Global Acetone Market by Others, 2023 - 2030 (USD Billion)
- 15. Global Acetone Market share, by Region, 2023 and 2030
- 16. North America Acetone Market, 2023 - 2030 (USD Billion)
- 17. Europe Acetone Market, 2023 - 2030 (USD Billion)
- 18. Asia Pacific Acetone Market, 2023 - 2030 (USD Billion)
- 19. Latin America Acetone Market, 2023 - 2030 (USD Billion)
- 20. The Middle-East and Africa Acetone Market, 2023 - 2030 (USD Billion)
Table Of Tables
- 1. Global Acetone Market: Snapshot
- 2. Drivers of the Acetone Market: impact analysis
- 3. North America Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 4. North America Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 5. U.S. Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 6. U.S. Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 7. Canada Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 8. Canada Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 9. Europe Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 10. Europe Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 11. Germany Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 12. Germany Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 13. France Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 14. France Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 15. U.K. Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 16. U.K. Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 17. Italy Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 18. Italy Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 19. Spain Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 20. Spain Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 21. Rest of Europe Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 22. Rest of Europe Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 23. Asia Pacific Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 24. Asia Pacific Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 25. China Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 26. China Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 27. Japan Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 28. Japan Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 29. India Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 30. India Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 31. South Korea Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 32. South Korea Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 33. South-East Asia Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 34. South-East Asia Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 35. Rest of Asia Pacific Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 36. Rest of Asia Pacific Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 37. Latin America Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 38. Latin America Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 39. Brazil Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 40. Brazil Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 41. Mexico Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 42. Mexico Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 43. Rest of Latin America Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 44. Rest of Latin America Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 45. The Middle-East and Africa Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 46. The Middle-East and Africa Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 47. GCC Countries Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 48. GCC Countries Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 49. South Africa Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 50. South Africa Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
- 51. Rest of Middle-East Africa Acetone Market revenue, By Grade, 2023 - 2030 (USD Billion)
- 52. Rest of Middle-East Africa Acetone Market revenue, By Application, 2023 - 2030 (USD Billion)
Methodology
FrequentlyAsked Questions
Acetone is a man-made chemical that may also be found in nature. It is a colorless liquid with a distinct odor and flavor. It quickly evaporates, is combustible, and dissolves in water. It is also known as dimethyl ketone, 2-propanone, and beta-ketopropane. Acetone is used to create plastic, textiles, medicines, and other compounds. It is also used to dissolve other compounds. It occurs naturally in plants, trees, volcanic gasses, forest fires, and as a byproduct of human fat decomposition. It can be found in car exhaust, tobacco smoke, and garbage areas. Industrial operations emit more acetone into the environment than natural processes.
The acetone market growth is driven by the various factors such as growing pharmaceutical industry, rising technological advancements, rising investment, rising demand from various end-use sector including paint & coating, personal care and others.
According to the report, the global market size was worth around USD 5.5 billion in 2022 and is predicted to grow to around USD 9.8 billion by 2030.
The global Acetone market is expected to grow at a CAGR of 7.5% during the forecast period.
The global Acetone market growth is expected to be driven by the Asia Pacific. It is currently the world’s highest revenue-generating market due to the growing end-use industry.
The global Acetone market is dominated by players like Formosa Chemicals and Fibre Corporation, Altivia, Honeywell International Inc., Borealis AG, Cepsa, INEOS, Kumho P&B Chemicals Inc., BASF SE, LCY GROUP, PTT Phenol Company Limited, Prasol Chemicals Pvt. Ltd, Mitsui Chemicals Inc., Reliance Industries Limited and Shell PLC among others.
The Acetone market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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