Acetone Market Explores New Growth Opportunities by 2027, Fortune Business Insights™

The global acetone market is expected to gain momentum from the high demand for petrochemicals and chemicals from several end-use industries.

This information is given by Fortune Business Insights™ in a new study, titled, “Acetone Market Size, Share & Industry Analysis, By Application (Solvent, Bisphenol A (BPA), Methyl Methacrylate (MMA), and Others), By End-use (Paints & Coatings, Plastic, Automotive, Adhesives, Pharmaceuticals, Cosmetics, Electrical & Electronics, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the acetone market size was USD 3,962.0 million in 2019 and is projected to reach USD 4,995.3 million by 2027, exhibiting a CAGR of 3.7% during the forecast period.COVID-19 Pandemic to Affect Growth Backed by Ongoing Crude Oil Price WarThe COVID-19 pandemic has negatively affected the global chemical industry.

Also, restrictions from governments on manufacturing activities may hinder growth.

The ongoing crude oil price war is also set to hamper growth.How Did We Create This Report?We employ iterative and comprehensive research techniques focusing on minimizing deviance.

We use a combination of top-down and bottom-up approaches for estimating and segmenting quantitative aspects of the parents market.

Simulation models were used to gather data about the market forecasts and estimates.Drivers & Restraints-Increasing Manufacturing of Sanitizers and Disinfectants to Drive GrowthThe increasing production of disinfectants and sanitizers worldwide is set to surge the demand for dimethyl ketone as isopropanol is derived from it.

Industrial Forecast on Acetone Market: The report comprises of a comprehensive analysis of the Acetone Market on a Global and Regional basis.

Global Acetone Market is expected to register a strong CAGR in the Forecast Period 2021 to 2029.

In addition, this report consists of an in-depth study of potential opportunities available in the market on a global level.The Global Acetone market report provides a holistic view of the global market, which includes significant insights for business strategies.

It includes a brief summary of the market, including the latest trends, market size and share, growth rate, revenue generation information, overall demand analysis, and forecasts.

Furthermore, a detailed description of the strategic developments and segment analysis has been provided by the research analysts.

The report determines the aggregate share market share held by the key industry participants and provides a profound view of the competitive landscape.Here, You can avail sample PDF pages and 30 mins free consultation!

The global Acetone Market  research report added by Reports and Data is a comprehensive analysis of the latest trends and demands influencing the market growth.

The report also covers the evolving competitive landscape and business strategies implemented by the major manufacturers of the market.Acetone is a commonly used solvent primarily used in industrial and laboratory settings, as well as is considered safe enough for household applications.

The developing nations in the Asia Pacific and Latin America regions are likely to offer substantial growth opportunities for the cosmetics industry.

Moreover, cosmetic products, including makeup and skin creams, comprise acetone as a solvent provider to different chemicals.

Polycarbonate is increasingly deployed as an alternative for manufacturing a wide variety of materials and are most beneficial when transparency and impact resistance are a product requirement (for example, in bullet-proof glasses).

Polycarbonate is usually used for plastic lenses in eyewear, protective gear, in medical devices, digital Disks (CDs, DVDs, and Blu-ray discs), greenhouses, and exterior lighting fixtures.

 The global ''acetone market size'' is expected to gain momentum from the high demand for petrochemicals and chemicals from several end-use industries.

This information is given by Fortune Business Insights™ in a new study, titled, “Acetone Market Size, Share & COVID-19 Impact Analysis, By Application (Solvent, Bisphenol A (BPA), Methyl Methacrylate (MMA), and Others), By End-use (Paints & Coatings, Plastic, Automotive, Adhesives, Pharmaceuticals, Cosmetics, Electrical & Electronics, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the acetone market size was USD 3,962.0 million in 2019 and is projected to reach USD 4,995.3 million by 2027, exhibiting a CAGR of 3.7% during the forecast period.COVID-19 Pandemic to Affect Growth Backed by Ongoing Crude Oil Price WarThe COVID-19 pandemic has negatively affected the global chemical industry.

Also, restrictions from governments on manufacturing activities may hinder growth.

The ongoing crude oil price war is also set to hamper growth.List of the Leading Companies Profiled in the Global Acetone Market are:LyondellBasell Industries Holdings B.V. (Rotterdam, Netherlands)INEOS (London, UK)Altivia (Texas, U.S)Royal Dutch Shell Co. (The Hague, Netherlands)Honeywell International Inc (North Carolina, U.S)Mitsui & Co., Ltd. (Tokyo, Japan)SABIC (Riyadh, Saudi Arabia)KUMHO P CHEMICALS., INC. (Seoul, Korea)Cepsa (Madrid, Spain)Formosa Chemicals & Fibre Corp. (Changhua, Taiwan)Borealis AG (Vienna, Austria)PTT Phenol Company Limited.

Ltd. (Navi Mumbai, India)Chang Chun Group (Taipei, Taiwan)Other PlayersHow Did We Create This Report?We employ iterative and comprehensive research techniques focusing on minimizing deviance.

Simulation models were used to gather data about market forecasts and estimates.Drivers & RestraintsIncreasing Manufacturing of Sanitizers and Disinfectants to Drive GrowthThe increasing production of disinfectants and sanitizers worldwide is set to surge the demand for dimethyl ketone as isopropanol is derived from it.

The Phenol & Acetone Market 2021 research report gives emerging industry data, global segments and regional outlook.

This report covers up all details such as size, share, value, growth, restraints, and opportunities for the year 2020 to 2027.

The report generated using various analysis tools like porter’s five forces model, market attractiveness and value chain.

The report gives comprehensive review of the global market helping to club revenue generation and profitable business to transform client’s success.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.

The major players in the phenol & acetone market include Ineos, PTT Phenol, Mitsui Chemicals, CEPSA, Kumho P & B, Shell, Taiwan Prosperity, Chang Chun Group, Sinopec & Mitsui, Formosa, AdvanSix, DowDuPont, LG Chem, Sabic, Versalis, Mitsubishi Chemical, ALTIVIA, Borealis Polymers.

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Phenol & Acetone Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/phenol-acetone-market/download-sampleMarket DynamicsExpanding population and industrialization is steering the growth of the global phenol & acetone market.

Global Acetone Market Forecast to 2027 Acetone Market Report is a comprehensive study that offers in-depth details about the Acetone market.

This informative research report is furnished with the latest happenings of the world in regards to the coronavirus pandemic.

The report provides a detailed analysis of the impact of the pandemic and the economic scenario of the industry.

The present and future impacts of the COVID-19 pandemic on the overall market are also covered in the report.Get a Free Sample PDF Report to understand our report before you purchase @ https://www.reportsanddata.com/sample-enquiry-form/2330Top players operating in the market and profiled in this report are Honeywell Research Chemicals, Royal Dutch Shell PLC, INEOS Phenol GmbH, Mitsui Chemicals Inc., CEPSA Quimica, Inc., Prasol Chemicals Pvt.

Ltd. LyondellBasell Industries Inc., ALTIVIA Ketones & Additives, LLC, SABIC, and Kumho P Chemicals, among others.For the purpose of this report, Reports and Data have segmented the global acetone market on the basis of grade, application, industry vertical, and region:Grade Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)Technical GradeSpecialty GradeApplication Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)SolventsBisphenol-AMethyl Methacrylate (MMA)Methyl Isobutyl KetoneOthersIndustry Vertical Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)CosmeticsElectronicsAutomotiveConstructionAgriculturePaints & CoatingsPharmaceuticalsOthersKey questions addressed in the report are: What is the estimated market size and share in the forecast period?What are the key driving factors of the Global Acetone market?What are the risks and challenges the companies will have to face in the forecast period?What are the emerging trends and how they influence market growth?What are the opportunities for expansion of the global Acetone market?Which region is expected to dominate the market during the forecast period?The report covers extensive analysis of the regions where the industry operates.

Research analysts have formulated this report through extensive primary and secondary research on the regional segmentation.The report offers a panoramic view of the competitive landscape of the Global Acetone Market.

UpMarketResearch published an exclusive report on “Acetone market” delivering key insights and providing a competitive advantage to clients through a detailed report.

Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

The report contains basic, secondary and advanced information pertaining to the Acetone global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2018 - 2025.

The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.

The statistics are represented in graphical format for a clear understanding on facts and figures.

For more information on this report, please visit: https://www.upmarketresearch.com/home/enquiry_before_buying/25833 The following manufacturers are covered in this report:INEOS PhenolMitsui ChemicalsSunocoShellSaudi Basic Industries Corporation (SABIC)Axiall CorporationCEPSAVersalis - EniBorealis AGSinopecCNPCMP BiomedicalsABI ChemZINC Acetone Production by RegionUnited StatesEuropeChinaJapanOther Regions Get Best Discount On This Report @ https://www.upmarketresearch.com/home/request_for_discount/25833 Global Acetone Market: Product Segment AnalysisCumene Process for AcetoneIsopropanol ProcessingFermentationOthers Acetone Breakdown Data by ApplicationPlastics & Rubber IndustryExplosive IndustryPainting IndustryChemical materialsOthers Get Free Exclusive PDF Sample Copy of This Report @ https://www.upmarketresearch.com/home/requested_sample/25833 The report categorizes the market into segments by companies, end-use, type and potential regions.

The global Acetone market size is expected to reach USD 6.19 billion by 2026 according to a new study by Polaris Market Research.

There has been a significant growth in the demand for acetone from pharmaceutical, automotive, and construction sectors over the years.

It is also used as an organic and non-toxic alternative for containing oil spills by dissolving sludge and eliminating it from the surface of water or marine plants.

Get Sample PDF @ https://www.polarismarketresearch.com/industry-analysis/acetone-market/request-for-sample With increasing investments in the global Acetone industry, companies, manufacturers, private organizations are collaborating to expand and cater to wider applications.

In August 2019, ALTIVIA Petrochemicals completed the acquisition of Dow’s Acetone Derivatives Business and associated chemical manufacturing assets in United States.

Growing hygiene and wellness concerns, especially among the youth, coupled with growth of e-commerce platforms are factors expected to provide numerous growth opportunities in the coming years Get Special Discount On this Research Report @ https://www.polarismarketresearch.com/industry-analysis/acetone-market/request-for-discount-pricing Asia Pacific emerged as the largest market in 2019 and is expected to maintain its dominance over the forecast period.

The statistical surveying report on the global Phenol & Acetone Market has been presented by using professional or expert knowledge through standard and modified research approaches and forecasts.

The yearly forecast and predication for the years 2020 to 2025 have been enclosed by the report along with comprehensive analysis for all market segments and regions.

The statistical data derived from authentic resources and assisted by industry experts.

It likewise assesses the market by evaluating market elements, including drivers, restraints, opportunities, threats, challenges, growth prospects, and other market elements.

The global phenol & acetone market report presents a complete research-based study of the industry including details such as company shares, forecast data, in-depth analysis and an outlook of the market on a worldwide platform.

The report further highlights the market drivers, restraints and the top manufacturers at the global and regional levels.