Global Bio-Ketones Market Growth 2023-2029

Global Bio-Ketones Market Growth 2023-2029

Bio-ketones are a type of organic compounds which possess important physiological properties which are produced from bio-based raw materials, herby making it environment-friendly. Bio-ketones are majorly used as solvents in the paint and coating sector, as preservatives, and in hydraulic fluids.

LPI (LP Information)' newest research report, the “Bio-Ketones Industry Forecast” looks at past sales and reviews total world Bio-Ketones sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-Ketones sales for 2023 through 2029. With Bio-Ketones sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-Ketones industry.

This Insight Report provides a comprehensive analysis of the global Bio-Ketones 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 Bio-Ketones portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-Ketones market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-Ketones 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 Bio-Ketones.

The global Bio-Ketones market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The increasing demand for bio-ketones drives the market. The bio PEEK product type is estimated to account for the largest market share in the global bio-ketones market. PEEK is highly used in the automotive industry as a replacement of metals as it helps in the reduction of automobile, which, in turn, leads to further fuel efficiency. Features, such as increase in performance and weight minimization of in-engine components this coupled with the growth in the automotive industry has made bio PEEK market take a substantial lead in the bio-ketones market. Acetone is widely used as a solvent and denaturant in the cosmetics and personal care industry. Bio acetone is used a renewable alternative to petroleum-based acetone. Asia-Pacific dominated the bio-ketones market in 2017 due to the cheap labor and cost.

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

Market Segmentation:

Segmentation by type
Bio MEK
Bio PEEK
Bio Acetone

Segmentation by application
Automobile
Aerospace
Infrastructure
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 analyzing the company's coverage, product portfolio, its market penetration.
Fitz Chem
Sigma-Aldrich
Eastman Chemicals
Nutra Green Biotechnology
Green Biologics
Celtic Renewables
Caldic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bio-Ketones market?

What factors are driving Bio-Ketones market growth, globally and by region?

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

How do Bio-Ketones market opportunities vary by end market size?

How does Bio-Ketones break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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