Press release
Key Trends Influencing the Growth of the Acetone Market in 2025: Ineos Phenol Unveils Inviridistm, Redefining Acetone Production
Acetone
What Is the Expected CAGR for the Acetone Market Through 2025?
In recent times, the acetone market has witnessed a consistent expansion. The market value is projected to rise from $5.32 billion in 2024 to $5.53 billion in 2025, with a compound annual growth rate (CAGR) of 3.8%. This growth noticed over the past years is due to factors such as the demand in chemical production, solvent and paint sector, resin and plastic manufacturing, uses in pharmaceutical and cosmetics, and the development of chemical and petrochemical sectors.
What's the Projected Size of the Global Acetone Market by 2029?
In the years to come, the acetone market is projected to experience a consistent expansion, reaching a market value of $6.48 billion in 2029, which indicates a compound annual growth rate (CAGR) of 4.0%. Several reasons are identified for the projected growth during the forecast period, including the increasing use in solvents and coatings, a soaring demand from the plastics and resins industry, a growing uptake in pharmaceutical and cosmetic applications, and its widening use in industrial cleaning products, all underpinned by global economic growth. Key market trends anticipated during the forecast period include changes in consumer preferences and industry adoption patterns, market globalization and related economic factors, a surge in the demand for industrial cleaning products, a transition towards green chemistry, and intensifying environmental and regulatory pressures.
View the full report here:
https://www.thebusinessresearchcompany.com/report/acetone-global-market-report
Top Growth Drivers in the Acetone Industry: What's Accelerating the Market?
The acetone market is experiencing growth due to the rising demand for personal care products. These are consumer goods that are consumed for grooming, cleanliness, and aesthetic enhancement. Acetone, a key chemical constituent in these products, is responsible for the increased demand. For example, Circana, Inc., an American media corporation, reported in August 2023 that the sales of high-end beauty products in the US had hit $14 billion in the first half of 2023. This marked a 15% increase from the same timeframe in 2022. Concurrently, the mass beauty market accumulated $28 billion, indicating a growth of 9%. Thus, the escalating demand for personal care merchandise will significantly boost the acetone market's expansion.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9037&type=smp
What Trends Will Shape the Acetone Market Through 2029 and Beyond?
The surge in product innovation is an emerging trend in the acetone market. Leading enterprises operating in this industry are heavily investing in research and development to create innovative products, thus maintaining their market dominance. For instance, INEOS Phenol GmbH, a German-based phenol, and acetone producer, unveiled the INVIRIDISTM in June 2022. This innovative bio-attributed product line, which includes phenol, acetone alpha-methyl styrene (AMS), is manufactured without using fossil fuels as feedstock. INVIRIDISTM uses bio-attributed cumene, facilitating the replacement of fossil fuel resources and consequently reducing the carbon footprint compared to traditionally produced phenol, acetone, and AMS. This allows for a complete (100%) switch from fossil feedstock (mass balance approach) in its manufacturing process.
What Are the Main Segments in the Acetone Market?
The acetone market covered in this report is segmented -
1) By Grade: Specialty Grade Acetone, Technical Grade Acetone
2) By Distribution Channel: Manufacturer To Distributor, Manufacturer To End-User
3) By Application: Bisphenol A, Methyl Methacrylate (MMA), Solvents, Methyl Isobutyl ne, Other Applications,
4) By End-User: Paints, Coatings, And Adhesives, Electronics, Cosmetics And Personal Care, Pharmaceutical, Other End-user
Subsegments:
1) By Specialty Grade Acetone: Electronics Grade Acetone, Pharmaceutical Grade Acetone, Cosmetic Grade Acetone
2) By Technical Grade Acetone: Industrial Grade Acetone, Laboratory Grade Acetone
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9037&type=smp
Which Top Companies are Driving Growth in the Acetone Market?
Major companies operating in the acetone market include INEOS Phenol GmbH, Royal Dutch Shell plc, Honeywell International Inc., Prasol Chemicals Limited, Mitsui Chemicals Inc., Kumho P&B Chemicals Inc., Saudi Basic Industries Corporation., LyondellBasell Industries Holdings B.V., ALTIVIA Chemicals LLC, Domo Chemicals GmbH, Formosa Chemicals & Fibre Corp, Borealis AG, Reliance Industries Limited, CEPSA Quimica S.A, Arkema S.A., Celanese Corporation, The Dow Chemical Company, LG Chem Ltd., Deepak Nitrite Limited, PTT Global Chemical Public Company Limited, China National Petroleum Corporation, Dairen Chemical Corporation, Chevron Phillips Chemical Company LLC, Versalis S.p.A., Daicel Corporation, JX Nippon Oil & Energy Corporation, PetroChina Company Limited, Lihuayi Group Co. Ltd., SunVic Chemical Holdings Limited, A.B. Enterprises, Wuhan Youji Industries Co. Ltd., Tangshan Lory Industry Co. Ltd., Aadi Industries Ltd.
Which Regions Will Dominate the Acetone Market Through 2029?
Asia-Pacific was the largest region in the acetone market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the acetone market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9037
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Key Trends Influencing the Growth of the Acetone Market in 2025: Ineos Phenol Unveils Inviridistm, Redefining Acetone Production here
News-ID: 4086534 • Views: …
More Releases from The Business Research Company
Analysis of Segments and Major Growth Areas in the Mushroom Market
The mushroom market is on the brink of significant expansion as consumer interest in health-focused and specialty foods continues to rise. This sector is rapidly evolving, driven by innovative farming techniques and growing demand for diverse mushroom varieties. Below is an in-depth look at the market's size, driving factors, leading companies, and emerging trends shaping its future.
Projected Growth Trajectory of the Mushroom Market by 2030
The mushroom market is anticipated…
Global Trends Overview: The Rapid Development of the Construction Drone Market
The construction drone sector is poised for significant expansion as technological advancements and practical applications continue to evolve. With growing interest from various stakeholders, this market is set to transform the way construction projects are managed and executed over the coming years. Below is a detailed look into the market's size, leading players, driving forces, key trends, and segmentation to offer a clear understanding of this dynamic industry.
Forecasted Growth and…
Segmentation, Major Trends, and Competitive Overview of the Condominiums and Apa …
The condominiums and apartments market is set for steady expansion over the coming years, driven by evolving residential preferences and technological advancements. This sector is adapting to new demands such as smart home integration and sustainability, which are shaping the way urban living spaces are designed and managed. Let's explore the market size projections, key players, emerging trends, and detailed segments defining this vibrant real estate segment.
Projected Growth and Size…
Market Trend Analysis: The Impact of Recent Innovations on the Concrete Formwork …
The concrete formwork market is positioned for significant expansion in the coming years as advancements in materials and construction technologies reshape the industry. Growing innovations and sustainability trends are creating new opportunities that will drive demand, making this a pivotal time for stakeholders in the sector. Here's a closer examination of the market's size, key players, trends, and segmentation to provide a clear picture of its current and future landscape.
Expected…
More Releases for Acetone
Track Acetone Price Trend Historical and Forecast
Executive Summary
The global acetone market remained under sustained pressure through the quarter ending September 2025, shaped by persistent oversupply, weak downstream offtake, and cautious procurement behavior across major consuming regions. Prices declined quarter over quarter in North America, APAC, and Europe as elevated inventories, normal plant operations, and muted demand from key end-use sectors such as BPA, MMA, coatings, and industrial solvents prevented meaningful recovery.
Despite occasional production disruptions and marginal…
Surging Demand For Personal Care Products Ignites Acetone Market Growth Driver: …
What market dynamics are playing a key role in accelerating the growth of the acetone market?
The acetone market is being propelled by the growing demand for personal care products. These consumer goods, used for sanitation, grooming, and enhancing beauty, often contain acetone as a critical chemical ingredient, thus boosting acetone consumption. For example, Circana, Inc., an American media corporation, reported that by August 2023, sales of prestige beauty products in…
Acetone Market Trends, Challenges, and Opportunities
The Acetone Market is poised for steady expansion, fueled by increasing demand from diverse sectors such as cosmetics, pharmaceuticals, paints & coatings, and beyond. This article delves into the multifaceted landscape of the acetone market, offering insights into its growth drivers, challenges, and key market players.
Understanding Acetone:
Acetone, a versatile organic solvent, plays a pivotal role in various industries owing to its exceptional solvency properties and wide-ranging applications. As a…
Acetone Market Size, Share | Growth - 2028
According to Ameco Research, the worldwide acetone industry will increase at a CAGR of 6% throughout the forecast period, reaching a market size of more than US$ 6,900 million by 2028.
Acetone is a colorless, volatile, flammable liquid that is miscible with water. As a result, it's employed as a solvent in a variety of industries, including pharmaceutical, beauty, and household.Solvents are frequently employed in everyday product applications across many industries.…
Acetone Market Analysis Report 2022 - 2030
Acumen Research and Consulting has announced the addition of the "Acetone Market" report to their offering.
The Acetone Market Report 2030 is an in depth study analyzing the current state of the Acetone Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Acetone Market provides analysis of China market covering the industry trends, recent developments in the market…
What trends are impacting the demand of Acetone and how can Acetone producers le …
Acetone, also known as dimethyl ketone, is a colourless, clear, and a volatile liquid mainly used as a chemical intermediate in the manufacture of bisphenol-A (BPA), methyl methacrylate (MMA), and aldol chemicals. It is also used as a direct solvent in various applications including coatings and paints, printing inks, adhesives, nail polish removers, and other skin care products. Acetone is a by-product of phenol and is produced via cumene peroxidation…
