Acetone Market by Grade (Specialty Grade Acetone, Technical Grade Acetone), Application (Bisphenol A, Methyl Methacrylate, Solvents), End-user Industry - Global Forecast 2024-2030

Acetone Market by Grade (Specialty Grade Acetone, Technical Grade Acetone), Application (Bisphenol A, Methyl Methacrylate, Solvents), End-user Industry - Global Forecast 2024-2030


The Acetone Market size was estimated at USD 14.43 billion in 2023 and expected to reach USD 15.13 billion in 2024, at a CAGR 4.91% to reach USD 20.20 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Acetone Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Acetone Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Acetone Market, highlighting leading vendors and their innovative profiles. These include ALTIVIA Petrochemicals, LLC, BASF SE, Borealis AG, CEPSA Química, S.A., Chang Chun Group, China National Petroleum Corporation, DuPont de Nemours, Inc., Formosa Chemicals and Fibre Corporation, Hindustan Organic Chemicals Limited, Honeywell International Inc., INEOS Phenol GmbH, Kumho P&B Chemicals., Inc., LG Chem Ltd., LyondellBasell Industries Holdings B.V., Mitsui Chemicals Inc., Prasol Chemicals Pvt. Ltd, PTT Phenol Company Limited, Reliance Chemicals Pvt Ltd, Royal Dutch Shell Co., Shell Chemical Co., Solvay SA, U.S. Chemicals, and Versalis S.p.A..

Market Segmentation & Coverage

This research report categorizes the Acetone Market to forecast the revenues and analyze trends in each of the following sub-markets:

Grade

Specialty Grade Acetone
  • Technical Grade Acetone
  • Application

    Bisphenol A
  • Methyl Methacrylate
  • Solvents
  • End-user Industry

    Agricultural Chemicals
  • Automotive
  • Construction
  • Cosmetics & Personal Care
  • Electronics
  • Paints, Coatings, & Adhesives
  • Pharmaceutical
  • Region

    Americas

    Argentina
  • Brazil
  • Canada
  • Mexico
  • United States

    California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas
  • Asia-Pacific

    Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam
  • Europe, Middle East & Africa

    Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom
    The report offers valuable insights on the following aspects:

    1. Market Penetration: It presents comprehensive information on the market provided by key players.
    2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
    3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
    4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
    5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
    The report addresses key questions such as:

    1. What is the market size and forecast of the Acetone Market?
    2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Acetone Market?
    3. What are the technology trends and regulatory frameworks in the Acetone Market?
    4. What is the market share of the leading vendors in the Acetone Market?
    5. Which modes and strategic moves are suitable for entering the Acetone Market?


    Note: PDF & Excel + Online Access - 1 Year

  • 1. Preface
    1.1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Language
    1.6. Limitations
    1.7. Assumptions
    1.8. Stakeholders
    2. Research Methodology
    2.1. Define: Research Objective
    2.2. Determine: Research Design
    2.3. Prepare: Research Instrument
    2.4. Collect: Data Source
    2.5. Analyze: Data Interpretation
    2.6. Formulate: Data Verification
    2.7. Publish: Research Report
    2.8. Repeat: Report Update
    3. Executive Summary
    4. Market Overview
    4.1. Introduction
    4.2. Acetone Market, by Region
    5. Market Insights
    5.1. Market Dynamics
    5.1.1. Drivers
    5.1.1.1. Growing demand for sanitizers and disinfectants
    5.1.1.2. Increasing popularity of acetone in pharmaceuticals, cosmetics, and paints & adhesives
    5.1.1.3. High investments in downstream facilities to yield greater production of acetone
    5.1.2. Restraints
    5.1.2.1. Relative high cost of raw materials such as propylene
    5.1.2.2. Numerous side effects from high exposure to acetone such as dizziness and seizures
    5.1.3. Opportunities
    5.1.3.1. Increasing demand for Bisphenol utilization in end-use industries
    5.1.3.2. Need for lightweight vehicles with lower emission levels and improved performance
    5.1.4. Challenges
    5.1.4.1. Strict government regulations in the application of Bisphenol attributed to dangerous effect on humans and environment
    5.2. Market Segmentation Analysis
    5.3. Market Trend Analysis
    5.4. Cumulative Impact of High Inflation
    5.5. Porter’s Five Forces Analysis
    5.5.1. Threat of New Entrants
    5.5.2. Threat of Substitutes
    5.5.3. Bargaining Power of Customers
    5.5.4. Bargaining Power of Suppliers
    5.5.5. Industry Rivalry
    5.6. Value Chain & Critical Path Analysis
    5.7. Regulatory Framework
    6. Acetone Market, by Grade
    6.1. Introduction
    6.2. Specialty Grade Acetone
    6.3. Technical Grade Acetone
    7. Acetone Market, by Application
    7.1. Introduction
    7.2. Bisphenol A
    7.3. Methyl Methacrylate
    7.4. Solvents
    8. Acetone Market, by End-user Industry
    8.1. Introduction
    8.2. Agricultural Chemicals
    8.3. Automotive
    8.4. Construction
    8.5. Cosmetics & Personal Care
    8.6. Electronics
    8.7. Paints, Coatings, & Adhesives
    8.8. Pharmaceutical
    9. Americas Acetone Market
    9.1. Introduction
    9.2. Argentina
    9.3. Brazil
    9.4. Canada
    9.5. Mexico
    9.6. United States
    10. Asia-Pacific Acetone Market
    10.1. Introduction
    10.2. Australia
    10.3. China
    10.4. India
    10.5. Indonesia
    10.6. Japan
    10.7. Malaysia
    10.8. Philippines
    10.9. Singapore
    10.10. South Korea
    10.11. Taiwan
    10.12. Thailand
    10.13. Vietnam
    11. Europe, Middle East & Africa Acetone Market
    11.1. Introduction
    11.2. Denmark
    11.3. Egypt
    11.4. Finland
    11.5. France
    11.6. Germany
    11.7. Israel
    11.8. Italy
    11.9. Netherlands
    11.10. Nigeria
    11.11. Norway
    11.12. Poland
    11.13. Qatar
    11.14. Russia
    11.15. Saudi Arabia
    11.16. South Africa
    11.17. Spain
    11.18. Sweden
    11.19. Switzerland
    11.20. Turkey
    11.21. United Arab Emirates
    11.22. United Kingdom
    12. Competitive Landscape
    12.1. FPNV Positioning Matrix
    12.2. Market Share Analysis, By Key Player
    12.3. Competitive Scenario Analysis, By Key Player
    13. Competitive Portfolio
    13.1. Key Company Profiles
    13.1.1. ALTIVIA Petrochemicals, LLC
    13.1.2. BASF SE
    13.1.3. Borealis AG
    13.1.4. CEPSA Química, S.A.
    13.1.5. Chang Chun Group
    13.1.6. China National Petroleum Corporation
    13.1.7. DuPont de Nemours, Inc.
    13.1.8. Formosa Chemicals and Fibre Corporation
    13.1.9. Hindustan Organic Chemicals Limited
    13.1.10. Honeywell International Inc.
    13.1.11. INEOS Phenol GmbH
    13.1.12. Kumho P&B Chemicals., Inc.
    13.1.13. LG Chem Ltd.
    13.1.14. LyondellBasell Industries Holdings B.V.
    13.1.15. Mitsui Chemicals Inc.
    13.1.16. Prasol Chemicals Pvt. Ltd
    13.1.17. PTT Phenol Company Limited
    13.1.18. Reliance Chemicals Pvt Ltd
    13.1.19. Royal Dutch Shell Co.
    13.1.20. Shell Chemical Co.
    13.1.21. Solvay SA
    13.1.22. U.S. Chemicals
    13.1.23. Versalis S.p.A.
    13.2. Key Product Portfolio
    14. Appendix
    14.1. Discussion Guide
    14.2. License & Pricing
    FIGURE 1. ACETONE MARKET RESEARCH PROCESS
    FIGURE 2. ACETONE MARKET SIZE, 2023 VS 2030
    FIGURE 3. ACETONE MARKET SIZE, 2018-2030 (USD MILLION)
    FIGURE 4. ACETONE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
    FIGURE 5. ACETONE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 6. ACETONE MARKET DYNAMICS
    FIGURE 7. ACETONE MARKET SIZE, BY GRADE, 2023 VS 2030 (%)
    FIGURE 8. ACETONE MARKET SIZE, BY GRADE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 9. ACETONE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
    FIGURE 10. ACETONE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 11. ACETONE MARKET SIZE, BY END-USER INDUSTRY, 2023 VS 2030 (%)
    FIGURE 12. ACETONE MARKET SIZE, BY END-USER INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 13. AMERICAS ACETONE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 14. AMERICAS ACETONE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 15. UNITED STATES ACETONE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
    FIGURE 16. UNITED STATES ACETONE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 17. ASIA-PACIFIC ACETONE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 18. ASIA-PACIFIC ACETONE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 19. EUROPE, MIDDLE EAST & AFRICA ACETONE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
    FIGURE 20. EUROPE, MIDDLE EAST & AFRICA ACETONE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
    FIGURE 21. ACETONE MARKET, FPNV POSITIONING MATRIX, 2023
    FIGURE 22. ACETONE MARKET SHARE, BY KEY PLAYER, 2023

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