Acetone Market Pegged for Robust Expansion by 2031 | Type, Application, Scope & Key Companies

Global Acetone report from Global Insight Services is the single authoritative source of intelligence on Acetone market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Acetone is a colorless liquid with a characteristic pungent odor. It is a volatile, flammable, and mobile solvent with a wide range of applications. Acetone is miscible with water and is used as a solvent for cleaning purposes, as a paint stripper, and as a nail polish remover. It is also used in the manufacture of plastics, fibers, and explosives.

Acetone is produced naturally in the body as a by-product of metabolism. It is also present in the environment, in plants, and in some animal products. Acetone is and as such, it is a source of energy for the body. It has a variety of uses in industry and commerce.

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Market Segmentation
The Acetone Market is segmented by grade, application, end-user, and region. By grade, the market is divided into ≥ 99.5% and < 99.5%. By application, the market is bifurcated into solvent, MMA, BPA, MIBK, and others. By end-user, the market is divided into chemicals, pharmaceuticals, cosmetics & personal care, and others. By region, the market is classified into North America, Europe, Asia-Pacific and rest of the world.

Key Players
The key players in the Acetone Market are Ineos Phenol, Royal Dutch Shell PLC, Sasol Ltd, The Dow Chemical Company, Domo Chemicals GmbH, Formosa Chemical and Fibre Corporation, Cepsa Quimica, SABIC, Honeywell Research Chemicals, and Spectrum Chemical Mfg. Corp.

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