Acetone Market Analysis to 2023 Key Players INEOS (Switzerland), The Royal Dutch Shell plc (the Netherlands), The Dow Chemical Company (the U.S.), Cepsa (Spain)

Acetone Market Overview to 2023

Acetone is used in the production of polycarbonate which is a raw material in the manufacturing of insulation for electrical & electrical applications. Acetone is a clear, colorless, volatile fluid with a sweet scent. Acetone is most commonly prepared by means of cumene peroxidation, as a coproduct with phenol. Its fundamental substance in the production of acetone cyanohydrin for methyl methacrylate (MMA), bisphenol A (BPA).

Get your sample copy of Acetone Market @ https://www.marketresearchfuture.com/sample_request/1033

It has applications such as heavy metal degreaser, cleaning tools and chemical peeling in the pharmaceuticals, personal care, paints & coatings, plastics and construction end use industries. Acetone is used in the production of methyl methacrylate which is in turn an intermediate in the production PVC (Poly Vinyl Chloride) where it is used in the manufacture of plastics.

Acetone Market- Top 10 Global key Players & Their Strategy

Some of the prominent players operating in the global acetone market are

The Dow Chemical Company (the U.S.),
Cepsa (Spain),
Mitsui Chemicals, Inc. (China),
Altivia (the U.S.),
LCY GROUP (Taiwan)
Competitive Analysis

As per our analysis, direct solvent applications account for a large portion of world demand. MMA is having the second highest global market share and followed by bisphenol A. The largest end use for MMA is PMMA (polymethyl methacrylate). PMMA resins are used to produce acrylic sheet and acrylic molding and extrusion compounds. Commercial, residential, and nonresidential construction, and remodeling are the largest markets for acrylic sheet.The construction, automotive, and computer segments are now seen as key growth markets by polycarbonate manufacturers. Some of the prominent market factors and trends identified in the global acetone market include rapid industrialization, rising demand for personal care products, and increasing expenditure on construction activities.

Acetone Market - Intended Audience:

Acetone manufacturers
Traders and Distributors of acetone
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory
For Technical and Professional Details Book Complete Acetone Market Report at

https://www.marketresearchfuture.com/reports/acetone-market-1033

Segmentation Analysis

The global acetone market is categorized on the basis of application, end use industry, and region. On the basis of application, the acetone market is categorized into methyl methacrylate, bisphenol A, and solvent. On the basis of end use industry, the market is segmented into pharmaceuticals, personal care, paints & coatings, plastics, construction and electrical & electronics. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Regional Analysis

The global acetone market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, Asia Pacific is predicted to grow with the highest CAGR during the review period, 2017 to 2023 on account of expanding paints & coatings and construction industries. Rising middle class population and their increasing expenditure on improving the living standards is expected to increase furthermore in the forecast period.The acetone market is predicted to increase in numerous countries of the Asia Pacific such as China, India, Japan and Indonesia due to increasing urbanization and population is anticipated to drive the market in the forecast period.

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar, Pune - 411028
Maharashtra, India

This release was published on openPR.