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

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    Report

  • 183 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 4905113
UP TO OFF until Dec 31st 2024
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The Acetone Market size was estimated at USD 14.43 billion in 2023, USD 15.13 billion in 2024, and is expected to grow at a CAGR of 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?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

Please note: This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

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
List of Figures
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

Companies Mentioned

  • 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
  • Versalis S.p.A.

Methodology

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Table Information