Press release
Global Acetone Market Will Reach At CAGR Of 3.34% Between 2017-2021
Acetone is largely consumed in the production of Bisphenol A (BPA) and methyl methacrylate (MMA). It also finds application as a solvent in manufacturing many chemicals. Owing to its high flexibility and strength, MMA is primarily used in the cosmetic industry to manufacture artificial nail products. It is also used to manufacture plastic sheets. MMA also finds medical application in dentistry. In its solid state it is used to make crowns and bridges. BPA is used to manufacture epoxy and polycarbonate resin, which finds extensive applications in manufacturing medical equipment, water bottles, and eye lens glasses.
Technavios analysts forecast the global acetone market to grow at a CAGR of 3.34% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global acetone market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of acetone.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Acetone Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
BASF
CEPSA
The Dow Chemical Company
INEOS
Royal Dutch Shell
Other prominent vendors
Shanghai Sinopec Mitsui Chemicals
Honeywell International
Prasol Chemicals
Market driver
Growing demand for epoxy resins in wind energy sector spurs consumption of BPA
For a full, detailed list, view our report
Market challenge
Growing demand for bio-solvent
For a full, detailed list, view our report
Market trend
Growing use of polycarbonate (manufactured using BPA) in automotive industry
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market sizing 2016
Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 08: MARKET SEGMENTATION BY END-USER
Segmentation by end-user
Comparison by end-user
Global acetone market by industrial sector Market size and forecast 2016-2021
Global acetone market by cosmetics industry Market size and forecast 2016-2021
Global acetone market by pharmaceuticals industry Market size and forecast 2016-2021
Global acetone market by others Market size and forecast 2016-2021
Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Acetone market in APAC Market size and forecast 2016-2021
Acetone market in EMEA Market size and forecast 2016-2021
Acetone market in Americas Market size and forecast 2016-2021
Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12: MARKET TRENDS
Growing use of polycarbonate (manufactured using BPA) in automotive industry
New plant establishments and capacity expansions in China
PART 13: VENDOR LANDSCAPE
Competitive scenario
Major market vendors
PART 14: VENDOR ANALYSIS
Vendors covered
BASF
CEPSA
The Dow Chemical Company
INEOS
Royal Dutch Shell
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