Press release
Growth Prospects in the Acetone Market: Industry Demand, Share, Size, Growth Drivers, Segmentation, and Forecast until 2030
The Global Acetone Market size was estimated at USD 5.5 Billion in 2021 and is going to be around USD 10.1 Billion by 2030, growing at a CAGR of 7.9%.Browse Report:https://www.factualmarketresearch.com/Reports/Acetone-Market
Factual Market Research has unveiled the publication of the report titled "Acetone Market 2023: Manufacturers, Regions, Types, Applications, and Forecasts till 2030." This report offers an extensive and meticulous analysis categorized by regions and countries, types, and applications. Given the dynamic nature of the market, the report delves into competitive dynamics, supply, and demand trends, as well as pivotal factors that shape evolving requirements across diverse needs. The document includes profiles of companies and exemplars of their products from select competitors. Furthermore, it presents estimated market shares for the year 2023 of confident prominent leaders. Moreover, the report furnishes valuable insights concerning market drivers, constraints, opportunities, recent product launches or approvals, and the impact of COVID-19 and the Russia-Ukraine conflict.
๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factualmarketresearch.com/Request-for-sample/12302
The primary aim of the Factual Market Research report is to provide a comprehensive evaluation of the global market, encompassing the significant key players within the Acetone. The assessment presents the current and historical state of the market, along with projected market size and trends, in an easily understandable manner. Furthermore, the report furnishes information concerning volume, share, revenue, production, and sales within the market.
Drivers for the Acetone Market:
1. Growing Demand from End-Use Industries: Acetone is widely used as a solvent in various industries such as chemicals, pharmaceuticals, plastics, and paints & coatings. The increasing demand from these sectors contributes to the growth of the acetone market.
2. Expanding Cosmetic and Personal Care Industry: Acetone is utilized in the formulation of cosmetics and personal care products such as nail polish removers and skin creams. The growth of the cosmetic industry drives the demand for acetone as an essential ingredient.
Restraints for the Acetone Market:
1. Fluctuating Raw Material Prices: Acetone is primarily produced from propylene, which is a derivative of crude oil. Fluctuations in crude oil prices can impact the cost of raw materials, affecting the overall profitability of the acetone market.
2. Environmental and Health Concerns: Acetone emissions can contribute to air pollution and have adverse health effects. Stringent regulations regarding volatile organic compounds (VOCs) emissions can impose limitations on the production and use of acetone in certain applications.
๐๐ ๐ฒ๐จ๐ฎ ๐ก๐๐ฏ๐ ๐๐ง๐ฒ ๐ช๐ฎ๐๐ซ๐ข๐๐ฌ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ญ๐จ ๐ญ๐ก๐ ๐ญ๐ก๐ข๐ฌ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฉ๐ฅ๐๐๐ฌ๐ ๐ ๐๐ญ ๐ข๐ง ๐ญ๐จ๐ฎ๐๐ก ๐ฐ๐ข๐ญ๐ก ๐จ๐ฎ๐ซ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ญ: https://www.factualmarketresearch.com/Inquiry-buying/12302
๐๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ:
โบ INEOS Phenol GmbH
โบ Royal Dutch Shell Plc
โบ The Dow Chemical Company
โบ Honeywell Research Chemicals
โบ Prasol Chemicals Pvt., Ltd.
โบ Mitsui Chemicals Inc.
โบ CEPSA Quimica, S.A.
โบ Lynodell Basell Industries Inc.
โบ Kumho P&B Chemicals
โบ SABIC
โบ Thermo Fisher Scientific Inc.
โบ Arkema
โบ Solvay
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
โบ By Application
โบ Methyl Methacrylate (MMA)
โบ Bisphenol A (BPA)
โบ Solvents
โบ Others
By Distribution Channel
โบ Manufacturers to Distributors
โบ Manufacturers to End-User
By Grade
โบ Specialty Grade
โบ Technical Grade
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ณ๐ผ๐ฟ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป : https://www.factualmarketresearch.com/Request-for-customization/12302
Impact of COVID-19 on the Acetone Market:
1. Supply Chain Disruptions: The pandemic disrupted global supply chains, affecting the availability of raw materials and transportation of acetone. This led to supply shortages and price fluctuations in the acetone market.
2. Fluctuating Demand: The reduced economic activity during lockdowns resulted in decreased demand for products that utilize acetone, such as automotive paints and coatings, adhesives, and construction materials.
Impact of Russia-Ukraine War on the Acetone Market:
1. Supply Chain Uncertainty: The conflict between Russia and Ukraine could disrupt supply routes for raw materials and chemicals, potentially affecting the availability of propylene, a key raw material for acetone production.
2. Geopolitical Tensions: Geopolitical uncertainties can lead to market volatility, affecting investor confidence and potentially leading to price fluctuations in the acetone market due to uncertainty in trade and global economic conditions.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง:
โฅ North America (including USA, Canada, and Mexico)
โฅ Europe (encompassing Germany, the UK, France, Russia, Italy, and other European regions)
โฅ Asia-Pacific (covering China, Japan, South Korea, India, Southeast Asia, and additional Asia-Pacific areas)
โฅ South America (spanning Brazil, Argentina, Columbia, and other South American regions)
โฅ The Middle East and Africa (encompassing Saudi Arabia, UAE, Egypt, Nigeria, South Africa, and other MEA regions)
๐ฃ๐๐ฟ๐ฐ๐ต๐ฎ๐๐ฒ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐๐ถ๐ฟ๐ฒ๐ฐ๐๐น๐ (๐ ๐ฅ๐๐ญ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ) : https://www.factualmarketresearch.com/Checkout/12302
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ:
โฅ Comprehensive analysis of industry catalysts, limitations, and prospects included in the investigation.
โฅ Examination of recent trends and advancements within the industry.
โฅ In-depth exploration of the competitive terrain and tactics employed by pivotal participants.
โฅ Inclusion of promising sectors and regions displaying potential growth opportunities.
โฅ Encompassing assessment of historical, prevailing, and projected market size in terms of value.
โฅ Overview of the geographical perspective concerning the Autonomous Technology Market.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐
Factual Market Research
Email id: sales@factualmarketresearch.com
Ph.: US +18007743961 | UK +448081897087 | APAC +919717322206
Website: www.factualmarketresearch.com
๐๐ฏ๐ผ๐๐ ๐จ๐
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We are aware of the quantity and quality of the information flowing. We can categorize and rectify the data required for insight through a thorough and synchronized analytical effort. By offering sensitive data collection and analysis on-site, we assume responsibility for providing our respected clients with detailed and exhaustive research and data gathering.
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