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Acetone Market Projected to Hit USD 12.58 Billion by 2032, to Grow at a CAGR of 7.8% | PMR

Acetone Market

Acetone Market

Global Acetone Market size and share is currently valued at USD 6.41 billion in 2023 and is anticipated to generate an estimated revenue of USD 12.58 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 7.8% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/acetone-market/request-for-sample

Acetone Market Share, Size, Trends, Industry Analysis Report by Grade (Specialty Grade Acetone, Technical Grade Acetone); End-User (Construction, Automotive, Cosmetics and Personal Use, Paints and Coatings, Pharmaceutical, Agriculture, Others); Application (Bisphenol A, Methyl Methacrylate (MMA), Solvents, Methyl Isobutyl, Others); Regions - Segment Forecast, 2024 to 2032. This report provides a thorough understanding of market shares, size, current trends, and sales value.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ญ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง:

Acetone is a natural chemical having the molecular formula (CH3)2CO. It is the smallest and simplest. It's a colorless, extremely volatile, and combustible liquid with a distinctive pungent odor. Acetone is miscible with moisture and is widely used as an organic solvent in business, the home, and laboratories. Acetone is manufactured worldwide, mostly for usefulness in the production of bisphenol A and methyl methacrylate, precursors of extensively used plastics. It is a commonly used building block in organic chemistry. Also, it finds applications as a solvent in home items like paint thinner and nail polish remover.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

The market participants are entering new markets to grow their consumer base and maintain their dominance. The major participants in the acetone market are:

โ€ข Hindustan Organic Chemicals Limited
โ€ข Royal Dutch Shell PLC
โ€ข Formosa Chemicals and Fiber Corporation
โ€ข INEOS Phenol
โ€ข Honeywell International Inc.
โ€ข BASF SE
โ€ข Green Biologics Limited
โ€ข Prasol Chemicals Pvt. Ltd.
โ€ข Borealis AG
โ€ข Altivia
โ€ข Reliance Industries Limited
โ€ข Mitsui Chemicals Inc
โ€ข LyondellBasell Industries Inc.
โ€ข DOMO Chemicals GmbH.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/buy/441/2

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐†๐ซ๐š๐๐ž

โ€ข Specialty Grade Acetone
โ€ข Technical Grade Acetone

๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ

โ€ข Construction
โ€ข Automotive
โ€ข Cosmetics and Personal Care
โ€ข Paints and Coatings
โ€ข Pharmaceutical
โ€ข Agriculture
โ€ข Others

๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ:

โ— The global Acetone market was valued at USD 6.41 billion in 2023 and is anticipated to grow to USD 15.58 billion by 2032.

โ— The market is expected to expand at a CAGR of 7.8% during the forecast period.

โ— The market is mainly segmented on the basis of Grade, End-User, Application, and Geographic region.

โ— The Asia Pacific dominated the global market share due to increasing urbanization and growing research and development activities.

๐‚๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž ๐ญ๐จ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐ญ๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/acetone-market

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ:

The enormous rise in the worldwide personal care industry is likely to drive the expansion of this market. Most haircare and skincare products contain acetone. Growth in disposable revenue, along with rising middle-class aspirational spending, has boosted demand for personal care products, particularly in emerging markets. Global cosmetics firms are increasingly targeting the youth sector to satisfy their health and well-being concerns while also embracing digitization to raise product awareness, hence complementing market growth.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐๐ข๐ค๐ž๐ฌ/๐„-๐๐ข๐ค๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/electric-bikes-ebikes-market

๐€๐๐ฏ๐š๐ง๐œ๐ž๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ ๐€๐ฌ๐ฌ๐ข๐ฌ๐ญ๐š๐ง๐œ๐ž ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ (๐€๐๐š๐ฌ) ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/advanced-driver-assistance-systems-adas-market

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/electric-transporters-market

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž๐ฌ (๐„๐ฏ) ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/electric-vehicles-ev-market

๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐๐จ๐ฐ๐ž๐ซ๐ญ๐ซ๐š๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: https://www.polarismarketresearch.com/industry-analysis/electric-powertrain-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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