Quick Summary:
The Diacetone Alcohol market is rapidly transforming, and understanding these changes is critical for every business executive invested in this sector. Accelerating at a robust pace, this market is projected to enlarge from US$1.1 Billion in 2022 to US$1.7 Billion by 2030, making it a fertile ground for strategic growth and investment.
This invaluable market research report provides an in-depth and rigorous analysis of the market dynamics, key players, geographic trends, and segmented growth vis-a-vis the Diacetone Alcohol industry. For instance, it concludes that while the U.S. remains a considerable market, China is dashing ahead at a swifter pace. Our report ensures you're updated on critical market developments, helping you respond promptly to emerging opportunities and potential risks. Be it Aareydrugs, Arkema Group, or Huntsman International, gain a competitive edge by understanding your rival's strategies and market presence in greater depth.
Global Diacetone Alcohol Market to Reach $1.7 Billion by 2030
The global market for Diacetone Alcohol estimated at US$1.1 Billion in the year 2022, is projected to reach a revised size of US$1.7 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030. Solvents, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$527.2 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Chemical Intermediates segment is readjusted to a revised 5.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $299.7 Million, While China is Forecast to Grow at 8.1% CAGR
The Diacetone Alcohol market in the U.S. is estimated at US$299.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$386.6 Million by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.Select Competitors (Total 43 Featured) -
- Aareydrugs & Pharmaceuticals Ltd.
- Arkema Group
- Galaxy Chemicals
- Huntsman International LLC
- Monument Chemical Inc.
- Prasol Chemicals Pvt. Ltd
- Recochem, Inc.
- Shanghai Jianyuan Chemical Co., Ltd.
- Solvay SA
- Sri Neelima Laboratories
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Diacetone Alcohol?
What is the growth rate of the Global Market for Diacetone Alcohol?
What is the forecasted size of the Global Market for Diacetone Alcohol?
Who are the key companies in the Global Market for Diacetone Alcohol?
| Report Attribute | Details |
|---|---|
| No. of Pages | 193 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.1 Billion |
| Forecasted Market Value ( USD | $ 1.7 Billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Aareydrugs & Pharmaceuticals Ltd.
- Arkema Group
- Galaxy Chemicals
- Huntsman International LLC
- Monument Chemical Inc.
- Prasol Chemicals Pvt. Ltd
- Recochem, Inc.
- Shanghai Jianyuan Chemical Co., Ltd.
- Solvay SA
- Sri Neelima Laboratories
