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Acetone Market Trends, Size, Analysis and Overview

According to the report, one of the key drivers for market growth will be increasing demand by dermatologists. Acetone is used for skin and acne treatment.
Acetone Market Analysis, Share and Size, Emerging Trends, Overview
and Outlook, Growth And Segment Forecasts To 2020
Technavio Announces the Publication of its Research Report Global Acetone Market 2016-2020
Technavio recognizes the following companies as the key players in the global acetone market: BASF,
CEPSA, Dow Chemical, INEOS, and Shell Chemicals.
Commenting on the report, an analyst from Technavio’ s team said: “Growing use of polycarbonate in
the automotive industry will be a key trend for market growth. Polycarbonate is being considered as a
substitute for glass and metal in the automotive industry. The material is increasingly preferred for
lighting applications such as light housings, headlamp lenses, and bezels that require exceptional
transparency, high temperature resistance, and high impact resistance. Further, polycarbonate offers
better functional integration and designing freedom.”
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According to the report, one of the key drivers for market growth will be increasing demand by
dermatologists. Acetone is used for skin and acne treatment. Acetone preserves the polymer film
masque in a liquid form. It serves as an activating intermediary that converts the liquid into a film; when
the liquid comes in contact with the skin, the acetone evaporates before being absorbed through the
skin. It is also used in sunscreens as an agent that removes natural oils and greases on the skin and to
eliminate possible residues of other cosmetics. This facilitates the penetration and consistent spread of
the active compounds of the sunscreen, thereby increasing its efficiency.
Further, the report states that increasing demand for bio-based solvents will be a challenge for the
market. The rising demand for bio-based solvents will hinder the growth of the global acetone market
during the forecast period. Acetone is consumed for tool and brush cleaning, heavy cleaning, and for
cleaning paint and resin spills. Bio-solvent is an eco-friendly alternative to conventional solvents such as
xylene, thinners, and acetone. Bio-Solv is one such substitute that offers better cleaning but without the
hazardous effects of acetone. The product is biodegradable and non-toxic, which means no special
dumping methods are essential. Bio-Solv can be easily reused through simple distillation or filtering. The
compound has a high solvency ratio; it is less volatile than acetone and does not evaporate rapidly.
The study was conducted using an objective combination of primary and secondary information
including inputs from key participants in the industry. The report contains a comprehensive market and
vendor landscape in addition to a SWOT analysis of the key vendors.
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About Acetone
Acetone is produced as co-product in cumene peroxidation process for phenol production. It can also be
commercially produced by the dehydrogenation of 2-propanol or isopropyl alcohol. The compound has a
sweet odor and is highly inflammable. It is popularly used as a solvent in many industries. It is also used
as an intermediate in manufacturing other complex chemicals.
Technavio’ s analysts forecast the global acetone market to grow at a CAGR of 3.23% during the period
Covered in this report
The report covers the present scenario and the growth prospects of the global acetone market for 20162020. To calculate the market size, we considered the revenue generated through sales of acetone for
applications such as bisphenol A production, methyl methacrylate production, and solvent production
by considering 2015 as the base year.
The market is divided into the following segments based on geography:
North America
Technavio's report, Global Acetone Market 2016-2020, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the key vendors operating in
this market.
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Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
[email protected]
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