Diacetone Alcohol Market 2019 Segmentation, Application, Technology & Market Analysis Research Report to 2023

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Diacetone Alcohol Market Research Report -
Forecast to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Diacetone Alcohol Market Research Report-
Forecast to 2023
Diacetone Alcohol Market - Overview
Diacetone Alcohol or DAA, an oxygenated solvent
with high solubility property is a derivative of
Alcohol with the non-ethanol component. Diacetone
Alcohol is prominently used as a solvent in
industrial and consumer products for purification
process, adhesives, paints, thinners and
household cleaners. This is the key factor
propelling the market growth and continuing with
the same trend the market will perceive a
significant increase. Acknowledging the kind of
traction gained by this market, Market Research
Future recently published a study report.
According to the report, continuing with the same
trends, the global DAA market is projected to
accrue USD 1,594.5 Million by 2023 at a CAGR of
4.85 during 2017 to 2023. This will be
attributed to increased absorption of DAA by the
prominent end-use industries. Moreover, DAA is
water and oil soluble and hence extensively used
across industries such as into paints coating,
textiles, automotive, and oil gas providing
impetus to the market growth. Textile and
automotive industry are closely following the
leading segment that is paints coatings
industry. Other factors that fuel the DAA market
growth include growing population, increasing
demand for crude oil and depleting reserves of
oil, gas water, improving economic conditions,
industrialization urbanization.
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Diacetone Alcohol Market Research Report-
Forecast to 2023
Segmental Analysis
MRFR has segmented the market into three key
dynamics. By Application Comprises Solvents,
Chemical Intermediates, Cleaning, Drilling
Fluids, Preservatives, and other. By End-Use
Industries Paints Coating, Textiles,
Automotive, Oil Gas, other. By Regions North
America, Europe, APAC and Rest of the
World. Segment Solvents accounts for the leading
segment by application with maximum share and is
estimated to grow at a CAGR of 5.70. Chemical
intermediate accounts for the second largest
segment by applications in the Global DAA Market
owning 21 share. Segment Paints Coatings is a
leading segment by End-Use Industries and is
expected to reach US 610.0 MN, by the end of
2023, growing at highest CAGR. Access Report
Details _at_ https//www.marketresearchfuture.com/rep
orts/diacetone-alcohol-market-3807
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Diacetone Alcohol Market Research Report-
Forecast to 2023
Regional Outlook
The Asia Pacific accounted for the leading
market in 2016, possessing the largest market
share. Retaining its dominance, the region is
estimated to register 5.34 CAGR during the
review period. Factors such as rapid
industrialization and the presence of numerous
producers coupled with the availability of
cost-comprehensive labor-force and growing
exports drive the regional market growth. North
America, accounted for the second largest market,
in 2016 and is further expected to reach US
331.4 Mn by 2023. The U.S. among the other North
American countries, backed by the greater
penetration of end-user industries in the
country, accounts for the major contributor to
the market growth. As the third largest market
for Diacetone Alcohol, Europe accounted for of
18 market share in 2016. Germany dominates the
European market share in terms of value and
volume due to increasing demand for paints
coatings from both household and automotive
industry. The Middle East Africa and Latin
America, regions are estimated to grow at a
moderate rate during the forecast period.
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Diacetone Alcohol Market Research Report-
Forecast to 2023
Major Players in this Research

• Diacetone Alcohol Market Prominent Players
• Solvay S.A (Belgium)
• Arkema Group (France)
• Monument Chemical Inc. (U.S.)
• Recochem Inc. (Canada)
• Prasol Chemicals Pvt. Ltd. (India)
• KH Neochem Co., Ltd. (Japan)
• Galaxy Chemicals (India)
• Shanghai Jianyuan Chemical Co.,Ltd. (China)
• Aareydrugs Pharmaceuticals Ltd. (India)
• SRI NEELIMA LABORATORIES (India)

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