Global Acetophenone Market Growth 2025-2031

Global Acetophenone Market Growth 2025-2031

The global Acetophenone market size is predicted to grow from US$ 116 million in 2025 to US$ 156 million in 2031; it is expected to grow at a CAGR of 5.0% from 2025 to 2031.

Acetophenone is a viscous colorless liquid organic compound and one of the simplest forms of ketone. The applications of acetophenone include pharmaceuticals, fragrances and other fields.

Global key players of Acetophenone include Ineos, Haicheng Liqi, Anhui Jiaxian Functional Auxiliary, Solvay, Versalis, etc. The top five players hold a share about 45%. China is the world's largest market for Acetophenone and holds a share about 37%, followed by Europe and APAC (excluding China), with share about 28% and 16%, separately. In terms of product type, Cumene Process is the largest segment, accounting for a share about 99%. In terms of application, Industrial Solvent is the largest field with a share about 73 percent.

LP Information, Inc. (LPI) ' newest research report, the “Acetophenone Industry Forecast” looks at past sales and reviews total world Acetophenone sales in 2024, providing a comprehensive analysis by region and market sector of projected Acetophenone sales for 2025 through 2031. With Acetophenone sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acetophenone industry.

This Insight Report provides a comprehensive analysis of the global Acetophenone landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acetophenone portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Acetophenone market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acetophenone and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Acetophenone.

This report presents a comprehensive overview, market shares, and growth opportunities of Acetophenone market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Cumene Process
Ethylbenzene Process

Segmentation by Application:
Industrial Solvent
Pharmaceutical Industry
Flavor and Fragrance
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Ineos
Haicheng Liqi
SI Group
Mitsui Chemicals
Versalis
Seqens
Xingli Huiyuan
DOMO Chemicals
Solvay
Haiwang Fine Chemical
Zhongliang
Yingyang Favors & Fragrance
Anhui Jiaxian Functional Auxiliary
Wanhua Chemical Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Acetophenone market?

What factors are driving Acetophenone market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Acetophenone market opportunities vary by end market size?

How does Acetophenone break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.