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Global Acetone Market 2017-2021

Global Acetone Market 2017-2021

About Acetone

Acetone is largely consumed in the production of Bisphenol A (BPA) and methyl methacrylate (MMA). It also finds application as a solvent in manufacturing many chemicals. Owing to its high flexibility and strength, MMA is primarily used in the cosmetic industry to manufacture artificial nail products. It is also used to manufacture plastic sheets. MMA also finds medical application in dentistry. In its solid state it is used to make crowns and bridges. BPA is used to manufacture epoxy and polycarbonate resin, which finds extensive applications in manufacturing medical equipment, water bottles, and eye lens glasses.

Technavio’s analysts forecast the global acetone market to grow at a CAGR of 3.34% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global acetone market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of acetone.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Acetone Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BASF
  • CEPSA
  • The Dow Chemical Company
  • INEOS
  • Royal Dutch Shell
Other prominent vendors
  • Shanghai Sinopec Mitsui Chemicals
  • Honeywell International
  • Prasol Chemicals
Market driver
  • Growing demand for epoxy resins in wind energy sector spurs consumption of BPA
  • For a full, detailed list, view our report
Market challenge
  • Growing demand for bio-solvent
  • For a full, detailed list, view our report
Market trend
  • Growing use of polycarbonate (manufactured using BPA) in automotive industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Acetone Market 2017-2021

Technavio recognizes the following companies as the key players in the global acetone market: BASF, CEPSA, The Dow Chemical Company, INEOS, and Royal Dutch Shell

Other Prominent Vendors in the market are: Shanghai Sinopec Mitsui Chemicals, Honeywell International, and Prasol Chemicals

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing use of polycarbonate (manufactured using BPA) in automotive industry. There is an increasing use of polycarbonate as a substitute for glass and metal in the automotive industry. Polycarbonate is increasingly becoming a material of choice for lighting applications such as light housings and headlamp lenses and bezels, which require exceptional light transparency and high temperature and impact resistance.”

According to the report, one of the major drivers for this market is Growing demand for epoxy resins in wind energy sector spurs consumption of BPA. Large volumes of epoxy resins are used in the synthesis of composites and substances such as adhesives. These are consumed extensively to manufacture rotor blades and other mechanical components in wind turbines. At present, most of the wind blade manufacturers prefer BPA-based epoxy resins owing to their better adhesion and properties, such as lightweight, reduced shrinkage after cooling, and fatigue resistance.

Further, the report states that one of the major factors hindering the growth of this market is Growing demand for bio-solvent. The rising demand for bio-based solvent will slow down the growth of the global acetone market during the forecast period. Acetone is consumed for tool and brush cleaning, heavy cleaning, and to remove paint and resin spills. Bio-Solv is a green substitute that offers better cleaning capability and also does not have hazardous effects of acetone. Bio-Solv is biodegradable and non-toxic, which means no special dumping methods are essential. Biodegradable substitutes are gaining importance in boatyards and boat builders as they improve the health of workers and safeguard the environment.

Companies Mentioned

BASF, CEPSA, The Dow Chemical Company, INEOS, and Royal Dutch Shell, Shanghai Sinopec Mitsui Chemicals, Honeywell International, and Prasol Chemicals

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Acetone value chain
  • Market landscape
    • Market ecosystem
      • Table Parent market: Global specialty chemicals market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing 2016
    • Market size and forecast 2016-2021
      • Table Global acetone market - Market size and forecast 2016-2021 (kilotons)
      • Table Global acetone market - Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis 2016
    • Table Five forces analysis 2021
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
      • Table Market condition - Five forces
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table Global acetone market by end-user - Market share 2016-2021 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Global acetone market by industrial sector - Market size and forecast 2016-2021
      • Table Global acetone market by industrial sector - Market size and forecast 2016-2021 (kilotons)
      • Table Global acetone market by industrial sector - Year-over-year growth 2017-2021 (%)
    • Global acetone market by cosmetics industry - Market size and forecast 2016-2021
      • Table Global acetone market by cosmetics industry - Market size and forecast 2016-2021 (kilotons)
      • Table Global acetone market by cosmetics industry - Year-over-year growth 2017-2021 (%)
    • Global acetone market by pharmaceuticals industry - Market size and forecast 2016-2021
      • Table Global acetone market by pharmaceuticals industry - Market size and forecast 2016-2021 (kilotons)
      • Table Global acetone market by pharmaceuticals industry - Year-over-year growth 2017-2021 (%)
    • Global acetone market by others - Market size and forecast 2016-2021
      • Table Global acetone market by others - Market size and forecast 2016-2021 (kilotons)
      • Table Global acetone market by others - Year-over-year growth 2017-2021 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global acetone market by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Acetone market in APAC - Market size and forecast 2016-2021
      • Table Acetone market in APAC - Market size and forecast 2016-2021 (kilotons)
      • Table Acetone market in APAC - Year-over-year growth 2017-2021 (%)
    • Acetone market in EMEA - Market size and forecast 2016-2021
      • Table Acetone market in EMEA - Market size and forecast 2016-2021 (kilotons)
      • Table Acetone market in EMEA - Year-over-year growth 2017-2021 (%)
    • Acetone market in Americas - Market size and forecast 2016-2021
      • Table Acetone market in Americas - Market size and forecast 2016-2021 (kilotons)
      • Table Acetone market in Americas - Year-over-year growth 2017-2021 (%)
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global personal care products market 2015-2021 ($ billions)
      • Table Estimated growth rates for global electronics industry from 2013 to 2015, by major regions
    • Market challenges
      • Table Exposure limits and health effects
  • Market trends
    • Growing use of polycarbonate (manufactured using BPA) in automotive industry
    • New plant establishments and capacity expansions in China
      • Table BPA capacity expansion 2014-2015
      • Table Phenol/acetone capacity expansion 2014-2017
  • Vendor landscape
    • Competitive scenario
    • Major market vendors
      • Table Global acetone market: Major vendors
  • Vendor analysis
    • Vendors covered
    • BASF
      • Table Vendor overview
      • Table BASF - Business segments
      • Table BASF - Geographic focus
      • Table BASF - Key offerings
    • CEPSA
      • Table Vendor overview
      • Table CEPSA - Business segments
      • Table CEPSA - Geographic focus
      • Table CEPSA - Key offerings
    • The Dow Chemical Company
      • Table Vendor overview
      • Table The Dow Chemical Company - Business segments
      • Table The Dow Chemical Company - Organizational developments
      • Table The Dow Chemical Company - Geographic focus
      • Table The Dow Chemical Company - Key offerings
    • INEOS
      • Table Vendor overview
      • Table INEOS - Business segments
      • Table INEOS - Key offerings
    • Royal Dutch Shell
      • Table Vendor overview
      • Table Royal Dutch Shell - Business segments
      • Table Royal Dutch Shell - Geographic focus
      • Table Royal Dutch Shell - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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