Press release
Global Acetone Market Key Company Profile 2027 | INEOS, Royal Dutch Shell plc & More
During the current COVID-19 pandemic situation, people are inclined on maintaining hygienic and germ-free environment. As a result, numerous disinfectants are being made available in the market. In this regard, acetone, which is a natural disinfectant, is gaining prominence as a potential chemical compound for sanitizing the surfaces. According to a recent study, acetone can serve as an effective bactericidal agent in its concentrated form.
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Speaking of the most significant hub for the market, Europe is the prominent region that is providing lucrative growth prospects for acetone industry. This can be credited to the thriving cosmetics industry in the region, especially in France. According to the credible sources, in 2019, the French cosmetics industry had shown a strong performance globally by reporting exports of nearly €16 billion. This represents an increase of over 9% as compared to 2018. This is expected to foster the product demand in the region over the upcoming years.
Apart from Europe, acetone market is witnessing heightened demand in North America from the regional pharmaceutical industry. The region is known to have the largest pharma industry which makes it a lucrative hub for acetone market. This can be attributed to the important application of acetone solvent in pharmaceutical production.
Acetone Market plays a key role in the blending of fillers and active ingredients comprising of pill and liquid form of medicines. It helps in delivering the correct amount of medication during each dose.
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Top key players In Acetone Market
• INEOS
• Royal Dutch Shell plc
• Dow Chemical Company
• Cepsa, Mitsui Chemicals Inc.
• Altivia
• LCY GROUP
• Formosa Chemicals & Fiber Corporation
• Prasol Chemicals Pvt. Ltd.
• EMCO Limited
Acetone Market, By Application, 2014-2025 (Tons) (USD Million)
• Methyl Methacrylate (MMA)
• Bisphenol A (BPA)
• Solvents
Acetone Market, By End-use, 2014-2025 (Tons) (USD Million)
• Cosmetics and Personal Care
• Electronics
• Construction
• Automotive
• Pharmaceutical
• Agricultural Chemicals
• Paints & Coatings
• Adhesives
• Others
Get More News:
https://www.openpr.com/news/2283719/covid-19-impact-on-agricultural-adjuvants-systems-market
https://www.marketwatch.com/press-release/fluorinated-ethylene-propylene-fep-market-continues-rapid-growth-study-reveals-market-size-for-emerging-segments-2021-05-12
https://www.marketwatch.com/press-release/evaluation-of-sodium-metasilicate-pentahydrate-market-2019-2025-recent-industry-developments-and-growth-strategy-2021-05-12
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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