The global acetone market is forecasted to grow at a CAGR of 3.34% during the period 2017-2021



LONDON, Dec. 4, 2017 /PRNewswire/ —

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.

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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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

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