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Acetone Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

Acetone

The “Acetone Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Acetone industry. The information available in the Acetone market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Acetone market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Acetone Market:

  • ALTIVIA Petrochemicals, LLC
  • BASF SE
  • Borealis AG
  • CEPSA Quimica SA
  • DowDuPont
  • Formosa Chemicals and Fibre Corporation
  • Green Biologics Ltd
  • Honeywell Chemicals
  • INEOS Phenol GmbH
  • Kumho P&B Chemicals
  • LCY GROUP
  • LG Chem Ltd
  • Mitsui Chemicals Inc.
  • Prasol Chemicals Ltd
  • PTT Phenol Company Limited (PTT Group)
  • Reliance Chemicals Pvt Ltd
  • Shell Chemical Co.
  • Sinopecs Beijing Yanshan Petrochemical

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    Market Overview:

  • The market for acetone is anticipated to register a CAGR of more than 3% during the forecast period 2019-2024. The acetone market is driven by many factors, such as dynamic economic development in Asia-Pacific region and a positive demand for MMA from the electronics industry.
  • – Growing usage in production of personal care & household products, as well as rising electronics industry in the Asia-Pacific region are augmenting the growth of the market.
  • – Increasing regulations by European commission on BPA is likely to hinder the market’s growth.
  • – Increasing usage by dermatologists is projected to act as an opportunity for the market in future.<

    Scope of the Report:

  • This report studies the global Acetone market size, industry status and forecast, competition landscape and growth opportunity.

    Reasons for Buying Acetone Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Methyl Methacrylate (MMA) Application to Witness Higher Potential Growth

    – MMA is a colorless liquid, soluble in most of the organic solvents except in water, and is the second largest market for acetone. MMA is widely used for various medical, dental and joint replacements procedures, and for other industrial applications.
    – Moreover, MMA is majorly used to make polymethyl methacrylate (PMMA) plastics. MMA also witnesses further usage in various other applications, such as in the form of beads or pellets. The polymer form of MMA can be molded into a wide range of end-use products, such as rear-lights, lenses for glasses, and instrument consoles for vehicles and appliances.
    – In the automotive industry, MMA is used in auto-glazing and for exterior car coating, as it is weather resistant and it protects from scratches. It is used in adhesives, coatings, and nail products.
    – This wide range of usage in many end-user applications has driven the MMA market. The major consuming countries in the methyl methacrylate market are the United States, China, Japan, Germany, and Singapore.
    – Hence, the growing demand from various industries in different countries is expected to increase the demand for acetone in the form of MMA application.

    China to dominate the Asia-Pacific region

    – China’s acetone market is expected to expand at a healthy growth rate owing to the increasing demand for MMA, bisphenol-A, and solvents from various industries such as construction, electronics and automotive.
    – China’s MMA supply is expected to increase in the year 2019 due to increase in upcoming plant capacities. Various manufacturers such as Wanhua Chemical has already introduced its 50,000 tons per year MMA plant in the year 2018. Additionally, Heilongjiang Zhongmen Longxin Chemical and Jiangsu Sailboat will be expanding their capacities at their respective MMA plant locations in 2019.
    – Moreover, the production for bisphenol-A is expanding in China on the back of increasing demand for polycarbonates from construction, electronics, and automotive industries, amongst others.
    – Such factors are driving the market for acetone in the country, which in turn is fuelling the demand from Asia-Pacific region.

    Acetone Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Acetone Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Growing Usage in Production of Personal Care and Household Products
    4.1.2 Increasing Demand for Polycarbonate in the Automobile and Construction Industries
    4.1.3 Growing Electronics Industry in the Asia-Pacific
    4.2 Restraints
    4.2.1 Increasing Regulations by European Commission on BPA
    4.2.2 Other Restraints
    4.3 Industry Value-Chain Analysis
    4.4 Porters 5 Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition

    5 MARKET SEGMENTATION
    5.1 Application
    5.1.1 Methyl Methacrylate (MMA)
    5.1.2 Bisphenol A (BPA)
    5.1.3 Solvents
    5.1.4 Other Applications
    5.2 End-user Industry
    5.2.1 Cosmetics & Personal Care
    5.2.2 Electronics
    5.2.3 Construction
    5.2.4 Automotive
    5.2.5 Pharmaceutical
    5.2.6 Agricultural Chemicals
    5.2.7 Paints, Coatings & Adhesives
    5.2.8 Other End-user Industries
    5.3 Geography
    5.3.1 Asia-Pacific
    5.3.1.1 China
    5.3.1.2 India
    5.3.1.3 Japan
    5.3.1.4 South Korea
    5.3.1.5 Rest of Asia-Pacific
    5.3.2 North America
    5.3.2.1 United States
    5.3.2.2 Canada
    5.3.2.3 Mexico
    5.3.3 Europe
    5.3.3.1 Germany
    5.3.3.2 United Kingdom
    5.3.3.3 Italy
    5.3.3.4 France
    5.3.3.5 Spain
    5.3.3.6 Rest of Europe
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 Saudi Arabia
    5.3.5.2 South Africa
    5.3.5.3 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 ALTIVIA Petrochemicals, LLC
    6.4.2 BASF SE
    6.4.3 Borealis AG
    6.4.4 CEPSA Quimica SA
    6.4.5 DowDuPont
    6.4.6 Formosa Chemicals and Fibre Corporation
    6.4.7 Green Biologics Ltd
    6.4.8 Honeywell Chemicals
    6.4.9 INEOS Phenol GmbH
    6.4.10 Kumho P&B Chemicals
    6.4.11 LCY GROUP
    6.4.12 LG Chem Ltd
    6.4.13 Mitsui Chemicals Inc.
    6.4.14 Prasol Chemicals Ltd
    6.4.15 PTT Phenol Company Limited (PTT Group)
    6.4.16 Reliance Chemicals Pvt Ltd
    6.4.17 Shell Chemical Co.
    6.4.18 Sinopecs Beijing Yanshan Petrochemical

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Increasing Usage by Dermatologists
    7.2 Other Opportunities

     

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    Name: Ajay More

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