Diacetone Alcohol Market to Witness a Pronounce Growth of US$ 2.2 Billion by the end of 2032

The diacetone alcohol market is anticipated to reach US$ 1.44 billion in 2022 and US$ 2.2 billion by 2032, growing at a steady 4.3% CAGR over that time. Around 2.8% of the world's alcohol market is made up by acetone usage.

Diacetone alcohol is a low-evaporation alcohol that serves as a solvent for both polar compounds and hydrogen bonding. In the manufacture of water-based coatings, diacetone alcohol solvents account for around 90% of the total.

Download a Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7317?AS

Key Pioneers

• SI Group
• Monument Chemical
• Arihant Solvents and Chemicals
• Alpha Chemika
• Prasol Chemicals Limited
• Solvay
• Arkema
• KH Neochem

Key Statistics Supporting the Surge

• By end use, textiles is projected to provide value of worth USD 571.2 Million over the forecast period whereas automotive is projected to provide value of 455.8 Million
• By application, solvents is projected to provide value of worth USD 572.2 Million over the forecast period
• Based on end use , automotive is projected to grow with a CAGR of around 3.6% over the forecast period
• By application, solvents is projected to grow with a CAGR of around 4.9% during the forecast period
• The oil & gas industry is expected to hold 9.6% of market share during forecast period
• On the basis of end use, paint & coating is projected to dominate diacetone alcohol market by accounting for over 36.2% in 2032 of the market share.

Industry Survey

• by Application :

o Solvents
o Chemical Intermediaries
o Cleaning
o Drilling Fluids
o Preservatives
o Other Applications

• by End Use :

o Paints & Coatings
o Textiles
o Automotive
o Oil & Gas
o Other End Uses

• by Region :

o North America Diacetone Alcohol Market
o Latin America Diacetone Alcohol Market
o Europe Diacetone Alcohol Market
o APAC Diacetone Alcohol Market
o MEA Diacetone Alcohol Market

Preservatives, under the application category, are anticipated to reach around US$ 261.5 million and create an absolute $ opportunity of US$ 81.3 million during 2022-2032.

Alcohol is a type of natural compound composed of at least one hydroxyl group attached to a saturated carbon atom. Acetone and alcohol can be used to smoothen shop equipment to remove particles with excessive evaporation rate after use. In addition, low raw materials, affordability, and several benefits of diacetone alcohol will encourage market players to invest in this space.

Some of the important questions covered in this study are as follows:

• What are the prominent growth factors that will harness growth for the On the Diacetone Alcohol Market during the forecast period?
• Which end-use industry will garner considerable growth for the On the Diacetone Alcohol Market?
• Which region will emerge as a champion growth-contributor during the assessment period?
• What are the obstacles surrounding the On the Diacetone Alcohol Market?
The report will improve the revenue impact of businesses in various industries by:
• Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global market and offers solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising synergies for top players aiming to retain their leadership position in the market.

How can Fact.MR Make Difference?

• In-depth understanding of key industry trends shaping the present growth dynamics
• Offers value chain analysis and price trend analysis of various offering of competitors
• Offers data-drive decision to help companies decide strategies that need recalibration
• Offers insights into areas in research and development that should attract
• Identifies data outliers before your competitors

Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7317?AS

Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232 (D)
Email : sales@factmr.com

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. Spanning a wide range - from automotive & industry 4.0 to healthcare, technology, chemical and materials, to even the most niche categories. We are committed to deliver insights that help businesses gain deeper understanding of their target markets. We understand that making sense of the vast labyrinth of data can be overwhelming for businesses. That's why focus on offering insights that can actually make a difference to bottom-lines.

This release was published on openPR.