Acetone Market

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Acetone Market To Reach USD 6.64 Billion By 2027
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Market Summary
Market Size USD 4.24 billion in 2018, Market
Growth - CAGR of 5.0, Market Trends Rapid
growth of the cosmetics industry

• The global acetone market is expected to reach
  USD 6.64 Billion by 2027, according to a new
  report by Reports and Data. Acetone is a commonly
  used solvent primarily used in industrial and
  laboratory settings, as well as is considered
  safe enough for household applications.
  Currently, acetone is produced from
  petrochemicals as a co-product of phenol.
• Further key findings from the report suggest
• By grade, the technical grade contributed to a
  larger market share of around 85.0 in 2018 and
  is estimated to grow at a rate of 4.5 in the
  forecast period.
• By application, the solvents dominated the market
  in 2018 and is expected to witness a growth rate
  of 5.1 in the forecast period. Solvents find
  application in products including nail polish
  removers, lacquers finishes, cement, cleaners,
  films, paint, coatings, and adhesives.

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Market Summary
Key Players

Honeywell Research Chemicals, Royal Dutch Shell
PLC, INEOS Phenol GmbH, Mitsui Chemicals Inc.,
CEPSA Quimica, Inc., Prasol Chemicals Pvt. Ltd.
LyondellBasell Industries Inc., ALTIVIA Ketones
Additives, LLC, SABIC, and Kumho PB Chemicals,
among others.
Segmentation
Grade Outlook (Volume, Kilo Tons 2016-2027 and
Revenue, USD Million 2016-2027) Technical
Grade Specialty Grade Application Outlook
(Volume, Kilo Tons 2016-2027 and Revenue, USD
Million 2016-2027) Solvents Bisphenol-A Methyl
Methacrylate (MMA) Methyl Isobutyl Ketone Others
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Market Summary

Industry Vertical Outlook (Volume, Kilo Tons
2016-2027 and Revenue, USD Million
2016-2027) Cosmetics Electronics Automotive Constr
uction
Regional Outlook for Disposable Masks Market
analyses the following geographies North
America (United States, Canada, and
Mexico) Europe (Germany, France, UK, Russia, and
Italy) Asia-Pacific (China, Japan, Korea, India,
and Southeast Asia) South America (Brazil,
Argentina, Colombia, etc.) Middle East and Africa
(Saudi Arabia, UAE, Egypt, Nigeria, and South
Africa)
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The report emphasizes the following key
questions

Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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