Press release
Diacetone Alcohol Market is estimated to grow at a CAGR of 4.85% during 2018 to 2023 | Vital Players are Prasol Chemical Pvt. Ltd., TCI Chemicals (India) Pvt. Ltd., Tianjin Daofu Chemical New Technology Development Co., Ltd.
Diacetone Alcohol Market was valued at USD xx Million in 2017 and projected to reach USD 1,594.5 Million by 2023 growing at a CAGR of 4.85% during the forecast period 2018 to 2023.
Diacetone Alcohol Market Overview:
The di-acetone alcohol market is accelerated to have a steady growth over the foremost time span. Di-acetone alcohol is a solvent used in the industrial products and is mainly used to remove the stains on the wood and also useful for the coatings in paper and textile industries. This solvent acts as a preservative for animal tissues that helps to improve the shelf life time. Di-acetone alcohol exhibits superior quality as it is highly soluble oxygenated solvent and most widely applicable as a component in the manufacturing of adhesives, paints and coatings. The important thing in the di-acetone alcohol property is it can proceed as organic compound as well as inorganic compound depending up on the application.
Browse details of 114 number of pages research report developed on Diacetone Alcohol Market @ https://www.researchcosmos.com/reports/diacetone-alcohol-market-analysis-by-application-solvents-chemical-intermediates-cleaning-dril/1012736870
Diacetone Alcohol Market Growth Drivers and Restraints:
The growing prevalence of construction of the building in both developed and developing countries is mainly propelling the growth of the di-acetone alcohol market. The shifting trend towards water based paints and coatings are considered to be fuelling the demand of this market extensively. However, lack of standardization in quietly declining the growth of the di-acetone alcohol market. Availability of alternative chemical compounds and their features similar to this compound along with low cost is a challenging attribute for the manufacturers in this market.
The growing demand from the chemical industry with its varied applications and prompting to gain benefits is lucratively showing the growth opportunities for the market. The Stringent rules and regulations by the government to follow the environmental safety measures is also a key chance for the market to grow in the near future. Paints & coatings sector is noticed to have leading shares of the market from the recent years and is expected to continue the same in the future period.
Geographic Insights of Diacetone Alcohol Market:
Asia Pacific is expected to witness the prominent shares of the market, owing to introducing innovative applications of this solvent and also increased utilization of di-acetone alcohol in automobile industry. North America and Europe are anticipated to dominate the highest shares of the market with the increased consumption rate by the end user industries. Middle East & Africa are accounted to have an inclined growth in the future period.
Ask Free Sample of the report @ https://www.researchcosmos.com/request/diacetone-alcohol-market-analysis-by-application-solvents-chemical-intermediates-cleaning-dril/1012736870
Key Market Players of Diacetone Alcohol Market:
Arkema Group, Prasol Chemical Pvt. Ltd., TCI Chemicals (India) Pvt. Ltd., Tianjin Daofu Chemical New Technology Development Co., Ltd., Solventis Ltd., Monument Chemicals, Inc., Solvay S.A., Mitsubishi Chemical Corporation, KH Neochem Co., Ltd. and SI Group, Inc. are some ruling players in the di-acetone alcohol market.
Diacetone Alcohol Market Key Segmentation:
By End-User
• Introduction
• Paints & Coating Industry
• Textiles
• Automotive
• Oil & Gas
• Others
By Application
• Introduction
• Solvents
• Chemical Intermediates
• Cleaning
• Drilling Fluids
• Preservatives
• Others
By Region
• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa
For any queries, inquire more @ https://www.researchcosmos.com/inquire/diacetone-alcohol-market-analysis-by-application-solvents-chemical-intermediates-cleaning-dril/1012736870
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Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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Research Cosmos
www.researchcosmos.com
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