As per a recent survey by insightSLICE, Global acetone market size is expected to reach USD 7.9 billion by 2031, exhibiting a CAGR of 4.9% during the forecast period 2021-2031. Acetone is utilized in horticulture as fungicides and insect sprays as it is a decent dissolvable and goes about as a transporter specialist for the dynamic ingredients. The basic need to give protected and sterile surgeries upholds the development of this segment. Critical expansion in the creation of cleaners and sanitizers are likewise expected to be key freedoms for the development of the acetone market during 2021-2031.
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Competitive Landscape
Some of the major players in the Acetone market are Hindustan Organic Chemicals Limited, INEOS Phenol, Royal Dutch Shell PLC, Formosa Chemicals and Fiber Corporation, Honeywell International Inc., Borealis AG, BASF SE, Green Biologics Limited, Prasol Chemicals Pvt. Ltd.,, Altivia, Reliance Industries Limited, Lyondell Basell Industries Inc., Mitsui Chemicals Inc, DOMO Chemicals GmbH, and others.
Players in the Acetone market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global Acetone market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The Acetone market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
Based on Grade
Based on Application
Based on End use
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Why you should buy this report
The Acetone Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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About Us:
insightSLICE is a market intelligence and strategy consulting company. The company provides tailor-made and off the shelf market research studies. The prime focus of the company is on strategy consulting to provide end-to-end solutions.
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