Acetone Market will reach at a CAGR of 5.5% during the forecast period

1. Market Research Report EXCLUSIVE EDITION Global Acetone Market will reach at a CAGR of 5.5% during the forecast period Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

2. Acetone Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

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5. Acetone Market will reach at a CAGR of 5.5% during the forecast period Acetone Market - Segmented by Grade (Specialty Grade and Technical Grade), by Application (Methy Methacrylate, Bisphenol A and Solvents), by Sales Channel (Online, offline) and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2021–2027) Description The global acetone market size was valued at USD 5.84 billion in 2020 to reach USD 8.05 billion in 2027, register a CAGR of 5.5% during the forecast period. Acetone is a flammable, colorless, volatile liquid commonly used as an industrial solvent. Acetone is produced as a byproduct during phenol manufacturing. It has widely used in industrial and domestic. Prominent end-use industries in the acetone market are pharmaceutical, cosmetics, and paints, and adhesives industries. The pharmaceutical and cosmetic industries have unveiled growth potential due to growing demand from emerging economies and increasing cosmetics spending. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

6. Factors Affecting the Acetone Market Over the Forecast Period: Factors such as increasing acetone application as a solvent and a high demand in cosmetics, pharmaceutical, and paints & adhesives industries are anticipated to drive growth. Increasing demand for acetone in paints and coatings, construction, and automotive industries is expected to boost the growth of the acetone market. Moreover, the rising price of propylene and strict regulations in the chemical industry are key challenges for the growth of the acetone market. Also, the increasing product utilization as an active ingredient in removers, cleaning products, degreasers, and thinners is anticipated to fuel the overall growth of acetone growth. Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/acetone- market-valued-at-usd-5-6-billion-by-2025 However, acetone is regarded as one of the hazardous chemicals that significantly affects human health and groundwater. Hence, solvent manufacturers are looking for bio-degradable substitutes. The high acceptance rate of bio-based solvents is projected to increase as acetone disposal is not eco-friendly. Common substitutes used for solvent manufacturing include bio-solv, surfasolve, acastrip r, replacetone, and methyl acetate. In the paints and coatings industry, it is expected that the acetone will get replaced by Trichloroethylene (TCE), Methyl-Ethyl- Ketone (MEK), and tetrachlorethylene. Impact of COVID-19 on Acetone Market: During the COVID 19 pandemic, the global acetone market has witnessed a substantial supply-demand gap, which results in a drop in overall sales. End-use industries are going through huge setbacks that affect the overall demand for acetone across the globe. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

7. Scope of the Report The report outlines the global acetone market study based on grade, application, and sales channel. Direct Purchase Report: https://www.marketstatsville.com/buy- now/acetone-market-valued-at-usd-5-6-billion-by-2025?opt=2950 Based on the grade, the acetone market has been segmented into – •Specialty Grade •Technical Grade Based on the application, the acetone market has been segmented into – •Methyl Methacrylate (MMA) •Bisphenol A (BPA) •Solvents Based on the sales channel, the acetone market has been segmented into – •Online •Offline © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

8. Acetone Market: Regional Outlook Based on the region, the global acetone market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2020, Asia Pacific held the largest share in the global acetone market, followed by North America and Europe. Moreover, North America is expected to grow with a high CAGR over the forecast period owing to growing paint and coating and construction industries across the region. The Asia Pacific accounted for the largest market share of around 40% in sales revenue in 2020. The changing preference of the international manufacturers to the domestic market, owing to affordable infrastructure and low labor costs. Also, the emerging economies combined with rising industrialization and increasing purchasing power are estimated to continue contributing to the chemical’s demand from regional end-use industries. Key Global Acetone Market Competitors Includes – The global acetone market is highly fragmented, with a large number of small players across the globe. The key companies operating in the global acetone market are – •LyondellBasell Industries •INEOS Phenol GmbH •The Dow Chemical Company •Royal Dutch Shell Co •Honeywell Chemicals •Mitsui Chemicals Inc •SABIC •Kumho P&B Chemical •Cepsa Quimica •S.A. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

9. The acetone market report provides a thorough analysis of macro-economic factors and every segment's market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market player’s presence in the respective segment and region/country. The information concluded in the report includes the inputs from primary interviews with industry experts. Acetone Market Report Covers Comprehensive Analysis On: •Market Segmentation & Regional Analysis •Market Size of 10 years •Pricing Analysis •Supply & Demand Analysis •Product Life Cycle Analysis •Porter's Five Forces & Value Chain Analysis •Developed & Emerging Economies Analysis •PEST Analysis •Market and Forecast Factor Analysis •Market Opportunities, Risks, & Trends •Conclusion & Recommendation •Regulatory Landscape •Patent Analysis •Competition Landscape •15+ Company Profiles Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/acetone-market-valued-at-usd-5-6-billion- by-2025 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

10. Acetone Market Regional Analysis Includes: •North America (US, Canada, Mexico) •South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) •Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) •Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific) •The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA Request For Report Description: https://www.marketstatsville.com/acetone- market-valued-at-usd-5-6-billion-by-2025 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

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