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Global Acetone Market : Industry Analysis and Forecast 2018-2026

Global Acetone Market was valued US$ 6.11 Bn in 2017 and is forecasted to reach US$ 7.8 Bn by 2026 at a CAGR of 3.1 %.

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Rise in demand for the application of methyl methacrylate in LCDs for consumer electronics market and increasing use of polycarbonate in the automotive industry is estimated to be a major driver for the market of acetone in the forecast period. Commercialization of the bio based acetone is estimated to create growth opportunity for the market over the forecast period. However, fluctuation in prices of crude oil limits the market growth. An increasing demand for bio based acetone and strict government regulations is expected to slow the market growth of acetone. Moreover, contact with acetone is dangerous for health and can cause intoxication, dizziness, nausea, unconsciousness which in turn may hamper the market growth.

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Bisphenol-A is the dominant application segment due to its extensive usage in the automotive industry. However, demand is expected to grow at slow pace owing to increasing regulations on its usage. Methyl Methacrylate (MMA) is expected to grow at a moderate rate because of increasing usage in cosmetics for artificial nail products, especially in Asia-Pacific economies. Methyl Methacrylate is majorly used in electronics and computer industries for flat screens, DVD’s, compact discs, and laser discs. Methyl Methacrylate is also used in conformal coatings to provide resistance to attack and prolonging their life. Printed circuit boards are increasingly used in automotive sector.

Electronics industry is the major end use industry of acetone market. Acetone derived methyl methacrylate is used in electronics and computer industries for flat screens, DVD’s, compact discs, and laser discs. Methyl methacrylate is also used in printed circuit boards to provide resistance to attack and prolonging their life. Growing demand for PCB’s is expected to drive the electronics segment growth in acetone market during the forecast period. Automotive is the second largest market for acetone attributed to increased use of PCBs.

Asia-Pacific is the largest market for acetone grabbing a market share of nearly 46 %, and is expected to grow at a healthy rate during the forecast period. Asia Pacific was largest revenue generating owing to the development of automotive and electronics industries. Moreover, growing pharmaceutical sector in China and India is expected to propel the demand for acetone. North America and Europe have been largest market for acetone owing to the increasing demand for electrical & electronic appliances and pharmaceuticals, as well as to the increasing expenditure in innovation in health care and cosmetic products, coupled with increasing purchasing power.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding acetone market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in acetone market.

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Scope of Global Acetone Market

Global Acetone Market, by Application:

• Methyl methacrylate
• Bisphenol-A
• Aldol chemicals
• Solvent
Global Acetone Market, by End-Use Industry:

• Chemicals
• Pharmaceuticals
• Cosmetics
• Electronics
Global Acetone Market, by Region:

• North America
• South America
• Asia Pacific
• Europe
• Middle East & Africa
Key Player analyzed in the Report:

• INEOS Phenol
• Royal Dutch Shell PLC
• The Dow Chemical Company
• Mitsui Chemicals, Inc.
• Sasol
• Hindustan Organic Chemicals Limited
• Domo Chemicals
• Honeywell International, Inc.
• Formosa Chemicals and Fiber Corporation
• CEPSA Quimica
• Prasol Chemicals Pvt. Ltd.
• EMCO Limited

MAJOR TOC OF THE REPORT

Chapter One: Acetone Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global Acetone Market Competition, by Players

Chapter Four: Global Acetone Market Size by Regions

Chapter Five: North America Acetone Revenue by Countries

Chapter Six: Europe Acetone Revenue by Countries

Chapter Seven: Asia-Pacific Acetone Revenue by Countries

Chapter Eight: South America Acetone Revenue by Countries

Chapter Nine: Middle East and Africa Revenue Acetone by Countries

Chapter Ten: Global Acetone Market Segment by Type

Chapter Eleven: Global Acetone Market Segment by Application

Chapter Twelve: Global Acetone Market Size Forecast (2019-2026)

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MARKET REPORT

Global Allylacetone Market will take the highest jump in the Industry during 2020-2025

The Global Allylacetone Market Research Report is released by Market Research Explore, aiming at providing readers the ability to review the pivotal dynamics and numerous segments of the industry. A thorough regional analysis is also conducted in the report by our expert analysts on the major geographical regions to offer Allylacetone market players opportunities to dominate and expand their business reach across the globe. The study also highlights precise assessments of market size, share, demand, revenue, sales volume, and growth rate of the global Allylacetone market.

The global Allylacetone market has been expanding vigorously since the last decade with a steady growing CAGR. Observing growth-boosting factors such as rapidly surging demand for the Allylacetone , rising disposable incomes, a swelling population of developed countries, stable economic system, improved infrastructures, and product awareness, the global Allylacetone market is anticipated to grow more swiftly during the forecast period of up to 2025. The international revenue generation is also expected to be influenced by the development momentum of the industry that can allure more individuals to invest and become a part of the booming industry.

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Concise review of global Allylacetone market rivalry landscape:

The research study further emphasizes the impulsively swapping competitor landscape, one of the pivotal facets impacting on market development. The Allylacetone market report studies how competitors deliver better products and pose robust challenges for their rivals by executing product research, innovations, developments, and technology adoptions. The report also analyzes their products and services at a minute level and explores their way of competition to increase revenue share and reach in the market at both the national and international levels.

Their financial assessments are also involved in the report to enable other market players and investors to comprehend the strengths, weaknesses, and market positions of their rivals. Companies’ manufacturing base, Allylacetone production capacities, volume, processes, raw material details, organizational structure, major vendors, and corporate alliance are also evaluated in the report. The global Allylacetone market report also sheds light on their effective business strategies, which include mergers, acquisitions, ventures, amalgamations, as well as product launches, and brand promotions.

Major influential factors in the global Allylacetone market:

The study also elucidates extensive analysis of changing Allylacetone market dynamics, contemporary trends, consumption tendencies, uneven demand-supply ratios, volatile pricing systems, market fluctuations, restraints, limitations, as well as growth-boosting forces, as all these have been considered to influence the market structure in a positive/negative manner. Additionally, provincial trade policies, international trade disputes, social, political, atmospheric, and financial circumstances are also examined in the report that falls under the industry environment and deemed to pose an impact on market development.

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Pivotal segments of the global Allylacetone market:

The global Allylacetone market has been divided into extremely significant segments such as types, applications, regions, and end-users. The report offers a profound rundown based on each market segment with consideration of their market acceptance, current performance, profitability, demand, production, and growth prospects. Regions including North America, Europe, South America, Middle East & Africa, and the Asia Pacific are also included in in-depth regional analysis of the Allylacetone market.

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