Acetone Market Industry Demand| Overview 2021 - INEOS (Switzerland), The Royal Dutch Shell plc (the Netherlands) etc.

Acetone Market 2021

Acetone, also referred to as propanone is an organic compound. It is a colourless, volatile, flammable liquid and is the simplest type of ketone. Acetone is miscible in water and is used as a solvent for cleaning in laboratories. Acetone finds applications in the production of methyl methacrylate and bisphenol. Acetone finds promising applications in several end-use industries including polymer, electronics, metal cleaning, paints and coating, printing inks, agricultural chemicals and automotive, among others.

Methyl methacrylate which is synthesized using acetone is commonly used in electronics and computer industry for technologies such as flat screen displays, DVDs, compact discs, and laser discs. Additionally, they are also used to enhance the resistance of printed circuit boards to attack by chemicals and prolong their life. Printed circuitry is being increasingly adopted in automotive sectors, with the increasing penetration of cutting-edge display technologies in different automotive applications.  The increasing technological advancements in automotive industry coupled with an increase in the use of printed circuit boards in electronics sector is likely to raise the demand for acetone during forecasted period.

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The Major Manufacturers Covered in this Report:
INEOS (Switzerland), The Royal Dutch Shell plc (the Netherlands), The Dow Chemical Company (the U.S.), Cepsa (Spain), Mitsui Chemicals, Inc. (China), Altivia (the U.S.), LCY GROUP (Taiwan) Formosa Chemicals & Fiber Corporation (China), Prasol Chemicals Pvt. Ltd. (India) and EMCO Limited (India), among others.

Years that have been considered for the study of this report are as follows:

History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2029

Market Segmentation:

By Application

Methyl Methacrylate
Bisphenol A
Solvent
Others

By End-Use

Pharmaceuticals
Personal Care
Paints & Coatings
Plastic
Construction
Electrical & Electronics
Others

Regional Segmentation:

North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)

Additionally, the analysis also delivers a comprehensive review of the crucial players on the Acetone Market along with their company profiles, SWOT analysis, latest advancement and business plans.

The analysis objectives of the report are:

To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Acetone Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Acetone Market sub-markets, depending on key regions (various vital states).
To analyze the Global Acetone Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Acetone Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions.
Primary worldwide Global Acetone Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.

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This release was published on openPR.