Acetone Market

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Acetone Market Share, Size, Analysis, Growth, Industry Trends
and Forecasts to 2024 | Hexa Research
“The global acetone market was valued at USD 5.75
billion in 2016 and is likely to witness growth over the
forecast period.”
The global Acetone Market size was USD 5.75 billion in 2016. Acetone is used as a solvent in adhesives, nail
polish remover, paints & coatings, and other skin care products. It is also used in the manufacturing of Methyl
Methacrylate & Bisphenol-A.
Polycarbonate plastic is derived from Bisphenol-A. An increasing use of polycarbonate in the automotive
industry is one of the key growth factor for the acetone market. Polycarbonate is increasingly used as a
substitute for metal and glass in automotive industry.
Automotive manufacturers are increasingly using polycarbonate for lighting applications, such as light housing,
headlamp lenses, bezels that require transparency, high temperature resistance, it also offers better functional
integration and designing freedom to vendors. An increasing demand for light vehicles with improved fuel
efficiency is driving the manufacturers to depend on polycarbonate that helps to reduce the weight of the
vehicles.
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Increasing demand of methyl methacrylate to produce polymethyl methacrylate resins used in electronics a nd
automotive industry is a key factor for growth of the acetone market. Keeping these driving factors in mind
companies are increasing their production capacity in order to meet the global demand. For instance,
Vadodara-based chemical manufacturer Deepak Nitrite Limited is expected to invest INR 1,200 crores to set up
a phenol and acetone plant at Dahej in Bharuch district of Gujarat to cater the increasing demand for acetone in
the region.
In 2016, Asia Pacific was largest revenue generating owing to the development of automotive and electronics
industries. Furthermore, growing pharmaceutical sector in China and India is expected to propel the demand
for acetone. An increasing demand for bio based acetone and strict government regulations is expected to sl ow
the market growth of acetone. Moreover, contact with acetone is dangerous for health and can cause
intoxication, dizziness, nausea, unconsciousness which in turn may hamper the market growth.
Hexa Research has segmented the global acetone market on the basis of application and region:
Segmentation by application, 2014 - 2024 (Kilo Tons) (USD Million)
• Solvent
• Methyl methacrylate (MMA)
• Bisphenol-A (BPA)
Segmentation by region, 2014 - 2024 (Kilo Tons) (USD Million)
• North America
• U.S.
• Europe
• Russia
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• MEA
Key players analyzed:
• INEOS Phenol company
• Mitsui Chemicals
• The DOW Chemical Company
• Shell
• Minda
• U.S. Chemicals
• Formosa Chemicals
• Sunoco
• Conchemco
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Table of Content of Automotive Collision Repair Market
Chapter 1. Market Summary
1.1. Market trends & movement
Chapter 2. Global acetone market: Drivers & Opportunities
2.1. Introduction
2.2. Key industry trends
2.3. Market drivers
2.4. Market restraints
2.5. Value chain analysis
2.6. Porter's Five Forces analysis
2.7. SWOT
2.8. Routes for manufacturing acetone products
2.9. Regulatory framework
Chapter 3. Global acetone Market, By Application
3.1. Global acetone market, by application, 2016 & 2025
3.1.1. solvent
3.1.1.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
3.1.2. Methyl methacrylate
3.1.2.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
3.1.3. Bisphenol-A
3.1.3.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
3.1.4. Others
3.1.4.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
Chapter 4. Global acetone Market, By Region
4.1. Global acetone market, by region, 2014 & 2025
4.1.1. North America
4.1.1.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
4.1.1.2. Market estimates and forecast, by application, 2014 – 2025 (Kilo Tons) (USD Million)
4.1.2. Europe
4.1.2.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
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4.1.2.2. Market estimates and forecast, by application, 2014 – 2025 (Kilo Tons) (USD Million)
4.1.3. Asia Pacific
4.1.3.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
4.1.3.2. Market estimates and forecast, by application, 2014 – 2025 (Kilo Tons) (USD Million)
4.1.4. Central & South America
4.1.4.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
4.1.4.2. Market estimates and forecast, by application, 2014 – 2025 (Kilo Tons) (USD Million)
4.1.5. MEA
4.1.5.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
4.1.5.2. Market estimates and forecast, by application, 2014 – 2025 (Kilo Tons) (USD Million)
Chapter 5. Key Country Markets
5.1. U.S.
5.1.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
5.1.2. Market estimates and forecast, by application, 2014 – 2025 (Kilo Tons) (USD Million)
5.2. Russia
5.2.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
5.2.2. Market estimates and forecast, by application, 2014 – 2025 (Kilo Tons) (USD Million)
5.3. Brazil
5.3.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
5.3.2. Market estimates and forecast, by application, 2014 – 2025 (Kilo Tons) (USD Million)
5.4. China
5.4.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
5.4.2. Market estimates and forecast, by application, 2014 – 2025 (Kilo Tons) (USD Million)
5.5. India
5.5.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
5.5.2. Market estimates and forecast, by application, 2014-2025 (Kilo Tons) (USD Million)
5.6. Brazil
5.6.1. Market estimates and forecast, 2014 – 2025 (Kilo Tons) (USD Million)
5.6.2. Market estimates and forecast, by application, 2014 – 2025 (Kilo Tons) (USD Million)
Chapter 6. Competitive Landscape
6.1. Competitive landscape analysis, 2016
6.2. Strategic framework
6.3. Potential customer base concentration
6.4. Company market positioning
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6.5. Company profiles
6.5.1. INEOS Phenol company
6.5.1.1. Company Overview
6.5.1.2. Product Benchmarking
6.5.1.3. Financial Performance
6.5.1.4. Recent Initiatives
6.5.2. Mitsui Chemicals
6.5.2.1. Company Overview
6.5.2.2. Product Benchmarking
6.5.2.3. Financial Performance
6.5.2.4. Recent Initiatives
6.5.3. The DOW Chemical Company
6.5.3.1. Company Overview
6.5.3.2. Product Benchmarking
6.5.3.3. Financial Performance
6.5.3.4. Recent Initiatives
6.5.4. Shell
6.5.4.1. Company Overview
6.5.4.2. Product Benchmarking
6.5.4.3. Financial Performance
6.5.4.4. Recent Initiatives
6.5.5. Minda
6.5.5.1. Company Overview
6.5.5.2. Product Benchmarking
6.5.5.3. Financial Performance
6.5.5.4. Recent Initiatives
6.5.6. U.S. chemicals
6.5.6.1. Company Overview
6.5.6.2. Product Benchmarking
6.5.6.3. Financial Performance
6.5.6.4. Recent Initiatives
6.5.7. Formosa chemicals
6.5.7.1. Company Overview
6.5.7.2. Product Benchmarking
6.5.7.3. Financial Performance
6.5.7.4. Recent Initiatives
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6.5.8. Sunoco
6.5.8.1. Company Overview
6.5.8.2. Product Benchmarking
6.5.8.3. Financial Performance
6.5.8.4. Recent Initiatives
6.5.9. Conchemco
6.5.9.1. Company Overview
6.5.9.2. Product Benchmarking
6.5.9.3. Financial Performance
6.5.9.4. Recent Initiatives
6.5.10. List of other vendors
Chapter 7. Methodology and Scope
7.1. Research methodology
7.2. Research Scope & Assumptions
7.3. List of data sources
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Increasing demand of methyl methacrylate to produce polymethyl methacrylate resins used in electronics and automotive industry is a key factor for growth of the acetone market

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