Press release
Acetone Market Projected to Hit USD 12.58 Billion by 2032, to Grow at a CAGR of 7.8% | PMR
Acetone Market
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ: 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.
๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง:
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.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
The market participants are entering new markets to grow their consumer base and maintain their dominance. The major participants in the acetone market are:
โข Hindustan Organic Chemicals Limited
โข Royal Dutch Shell PLC
โข Formosa Chemicals and Fiber Corporation
โข INEOS Phenol
โข Honeywell International Inc.
โข BASF SE
โข Green Biologics Limited
โข Prasol Chemicals Pvt. Ltd.
โข Borealis AG
โข Altivia
โข Reliance Industries Limited
โข Mitsui Chemicals Inc
โข LyondellBasell Industries Inc.
โข DOMO Chemicals GmbH.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/buy/441/2
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ซ๐๐๐
โข Specialty Grade Acetone
โข Technical Grade Acetone
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ
โข Construction
โข Automotive
โข Cosmetics and Personal Care
โข Paints and Coatings
โข Pharmaceutical
โข Agriculture
โข Others
๐๐๐ฒ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ:
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.
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/acetone-market
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ:
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.
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ข๐ค๐๐ฌ/๐-๐๐ข๐ค๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/electric-bikes-ebikes-market
๐๐๐ฏ๐๐ง๐๐๐ ๐๐ซ๐ข๐ฏ๐๐ซ ๐๐ฌ๐ฌ๐ข๐ฌ๐ญ๐๐ง๐๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ (๐๐๐๐ฌ) ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/advanced-driver-assistance-systems-adas-market
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ซ๐๐ง๐ฌ๐ฉ๐จ๐ซ๐ญ๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/electric-transporters-market
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐๐ก๐ข๐๐ฅ๐๐ฌ (๐๐ฏ) ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/electric-vehicles-ev-market
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐จ๐ฐ๐๐ซ๐ญ๐ซ๐๐ข๐ง ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/electric-powertrain-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
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New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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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