Acetone Derivatives Market
Acetone Derivatives Market Analysis, By Product Type (Bisphenol, Diacetone Alcohol (DAA), Methyl Methacrylate (MMA), Isophoron), By Grade (Chemical, Food, Pharma Grade), By Application (Solvents, Additives, Intermediates), By End-use, By Region - Global Market Insights 2022 to 2032
Analysis of Acetone Derivatives market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Construction to Cosmetics: Acetone Derivatives Market Outlook (2022 to 2032)
The global acetone derivatives market stands at US$ 11.2 billion in 2022 and is forecasted to progress steadily at a CAGR of 5.8% to reach a market valuation of US$ 19.9 billion by the end of 2032.
Demand for acetone derivatives is high in the paints & coatings industry, which encompasses varied chemicals for the application of paints. Increasing urbanization and high demand for alluring paints will drive the target market over the coming years.
| Report Attributes | Details |
|---|---|
| Acetone Derivatives Market Size (2021A) | US$ 10.6 Billion |
| Estimated Market Value (2022E) | US$ 11.2 Billion |
| Forecasted Market Value (2032F) | US$ 19.9 Billion |
| Global Market Growth Rate (2022 to 2032) | 5.8% CAGR |
| North America Market Share (2021) | ~21.4% |
| MEA Market Growth Rate (2022 to 2032) | ~7.5% CAGR |
| United States Market Growth Rate (2022 to 2032) | ~5.1% CAGR |
| Market Share of Top 5 Companies | ~38.7% |
| Key Companies Profiled | Kumho P&B Chemical; Mitsubishi Chemicals; Celanese; INEOS Phenol; LG Chem; Covestro; Lotte Chemical; SABIC; Sasol; Arkema; Mitsui Chemicals; Solvay; Altivia; Lyondellbasell; Braskem; Shell |
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Acetone Derivatives Market: Historical (2017 to 2021) Vs. Forecasts (2022 to 2032)
Acetone derivatives have several applications in construction, cosmetics, pharmaceuticals, and chemicals. The derivatives of acetone are mainly used as solvents, intermediates, and adhesives in these industries. Burgeoning construction industry is a major driving factor for the excessive utilization of acetone derivatives.
Also, another factor contributing to the growth of acetone derivatives in the market is their application in the cosmetics industry. Acetone derivatives are extensively used in hair care and skin care products that hold a major share in the consumer goods industry.
Moreover, acetone derivatives are also used in various chemical formulations in the chemical & pharmaceutical sectors. Since the chemical industry is already experiencing robust growth with advancing technologies, the consumption of acetone derivatives is all set to accelerate.
- Short Term (2022 Q2 to 2025): Increasing use of acetone derivatives in coatings, especially in the automotive sector, will provide an uptick in market growth.
- Medium Term (2025 to 2028): Asia Pacific is anticipated to witness high acetone derivative demand growth on the back of bolstering demand for solvents & intermediates from the paints & coatings industry.
- Long Term (2028 to 2032): Increase in the use of acetone derivatives for the production of nitrocellulose, cellulose ethers, vinyl chloride acetate, and other resins that are persistently used in most chemical formulations would drive the market that is already in motion.
The acetone derivatives market expanded at a CAGR of 4.1% during the historical period (2017 to 2021) and is all set to move ahead at 5.8% CAGR from 2022 to 2032, reports Fact.MR, a market research and competitive intelligence service provider.
Market share analysis of acetone derivatives based on application and. Under the application segment, solvents lead with a market share of 51.2%.
Which Factors are Shaping the Path of the Acetone Derivatives Market?
“Paramount Use of Acetone Derivatives in Paints & Coatings Industry”
The paints & coatings industry is one of the prominent end users of acetone derivatives. This is mainly attributed to their properties such as high solvency, ability to dissolve resins & films, and reduction of viscosity in paints & varnishes. The two major acetone derivatives that are used in the paints & coatings industry are MIBK and isophorone. MIBK, due to its combination of high solvency and low density, is extensively used for developing high solid coatings.
Moreover, the well-established automotive sector is providing the coatings industry with lucrative opportunities as there is high demand for materials that can protect against the environment such as UV radiation and sunlight, along with providing an aesthetic look to cars. Also, the introduction of EVs in the automotive segment will see a surge in the next decade, calling for increased consumption of coating materials.
Owing to these factors, the paints & coatings industry will continue to be a major growth driver for acetone derivatives.
“Renewable Sector to Open New Avenues for Derivatives Market”
The renewable sector is rising with investments pouring in from all directions. This is mainly attributed to the ongoing trend to invest in clean technologies. Acetone derivatives act as a chemical intermediate for the production of polycarbonate and epoxy resins, which, in turn, are extensively used in manufacturing rotor blades for wind turbines.
The application has moved acetone derivative companies towards the renewable sector to provide high-quality products in accordance with the needs of customers. Moreover, other than wind turbines, use of PMMA can also be tracked in the renewable sector as a replacement for glass. PMMA, due to its shatterproof characteristics, provides the opportunity to penetrate the solar sector.
These applications, along with rising investments in the renewable sector, are projected to drive the market in the years ahead.
“Soaring Opportunity in Mining Industry”
Methyl Isobutyl Carbinol (MIBC) is a product formed from Methyl Isobutyl Ketone (MIBK), which is an acetone derivative. MIBC has limited solubility in water but high solubility in organic solvents.
Over the years, MIBC has found usage in the mining industry due to its application as a frother in mineral floatation. This helps selectively separate hydrophobic-valuable minerals from the surface of slurry. With the mining industry on the rise, MIBC will see a surge in use, thus providing additional opportunities for MIBK and acetone derivative manufacturers.
“Environmental Regulations to Obstruct Production in Coming Years”
Over the past decade, there has been a rise in concerns regarding climate change and the contribution of chemical companies as a catalyst to trigger the effects. Chemical companies have often been scrutinized for their ill impacts on the environment. Also, their accountability is often not questioned as they contribute significantly to global GDP.
However, trends have changed over the years with governments around the world taking into account the need to regulate industries so that they are held accountable for environmental issues. Regulations mean a cut in the production of materials as technological innovations have been slow. Moreover, the introduction of alternate sustainable products acts as a threat to the industry.
Upcoming regulations along with an urgent need to mitigate climate issues are projected to hamper the production of acetone derivatives, negatively impacting market revenue growth going forward.
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Country-wise Outlook
Why is China Known for High Consumption of Acetone Derivatives?
East Asia accounts for 31.7% share of the global acetone derivatives market. In East Asia, China holds the highest market share owing to the increased consumption of acetone derivatives in the paints & coatings industry.
Increasing investments in infrastructure development demand heavy usage of paints & coatings to provide long-term protection and also impart an aesthetic finish. Paint & coating formulations require acetone derivatives as a solvent for easy application on the surface to be coated.
In addition, acetone derivatives are the preferred choice of adhesives for resin production, which is further used in paint & coating formulations. Resin-based paint formulations are highly demanded in the automotive sector for the finished looks of automotive.
Owing to the varied applications of acetone derivatives, the market in China is expected to expand at a CAGR of 6.2% through 2032.
How is the U.S. Becoming a Lucrative Market for Acetone Derivative Suppliers?
Demand for acetone derivatives in the U.S. is primarily driven by increasing use of hair care & skin care products. Owing to the increasing disposable income of the U.S. population, a surge in cosmetics consumption has been observed. Acetone derivatives are extensively used in cosmetic formulations, increasing the overall demand for acetone derivatives in the market.
The U.S. holds approximately 87% share of the acetone derivatives market in the North American region and is expected to grow at a CAGR of 5.1% between 2022 and 2032.
Category-wise Insights
Why is Demand for Acetone Derivatives So High in the Paints & Coatings Industry?
Companies manufacturing paints & coatings are the major end users of acetone derivatives and account for a major share. Solvents such as MIBK and DAA are mainly used in this industry.
Holding approximately 33% of the revenue share, paints & coatings are set to drive the demand for acetone derivatives. Furthermore, housing & construction activities have compelled manufacturers to bulk produce high-quality acetone derivatives to meet the increasing demand.
Furthermore, with increasing health concerns, demand for acetone derivatives is surging from the pharmaceutical end-use industry as well.
How is Use of Acetone Derivative as a Solvent Progressing?
Use of acetone derivatives as a solvent is primarily driving the market in a positive direction. Owing to the chemical property of acetone derivatives and its high solvency ratio, demand is expected to reach new heights, increasing at a CAGR of 4.5%. The usage of derivatives as solvents will hold around 51.7% market share by the end of 2032.
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Market Overview of Key Manufacturers
Prominent acetone derivative manufacturers are Kumho P&B Chemical, Mitsubishi Chemicals, Celanese, INEOS Phenol, LG Chem, Covestro, Lotte Chemical, SABIC, Saso, Arkema, Mitsui Chemicals, Solvay, Altivia, Lyondellbasell industries, and Braskem.
Leading producers of acetone derivative products are employing sustainable methodologies and product customization for end users. Key suppliers are focused on the development of products that serve varied industry demands. Moreover, manufacturers are strengthening their market position through strategic acquisitions and collaborations.
- In March 2021, Lotte Chemical announced that it will use Honeywell UOP Q-max, EVONIK MSHP, and Phenol 3G technologies to produce phenol and acetone derivatives. Through this technological engagement, Lotte aims at increasing its global production of phenol and acetone derivatives to raise its market position.
- In May 2021, Arkema announced the divestment of its PMMA business to Trinseo. Following this divestment, Arkema aims at becoming a prominent player in the specialty material segment by 2024.
- In June 2022, Ineos Phenol launched its first product line attributed to renewable resources. These innovations are potential substitutes for fossil fuel-based phenol, acetone, and AMS.
Fact.MR has provided detailed information about the price points of key manufacturers of acetone derivatives positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Acetone Derivatives Industry Research
-
By Product Type :
- Bisphenol
- Diacetone alcohol (DAA)
- Methyl Methacrylate (MMA)
- Isophoron
- Methyl Isobutyl Ketone (MIBK)
-
By Grade :
- Chemical Grade
- Food Grade
- Pharma Grade
-
By Application :
- Solvents
- Additives
- Intermediates
-
By End-use Industry :
- Paints & Coatings
- Cosmetics & Personal Care
- Pharmaceuticals
- Adhesives
- Chemicals
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Introduction & Coverage
- 3. Market Background and Foundation Data Points
- 4. Global Demand (KT) Analysis and Forecast
- 5. Global - Pricing Analysis
- 6. Global Market Value (US$ Bn) & Volume (KT) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Product Type
- 7.1. Bisphenol
- 7.2. Diacetone Alcohol (DAA)
- 7.3. Methyl Methacrylate (MMA)
- 7.4. Isophorone
- 7.5. Methyl Isobutyl Ketone (MIBK)
- 8. Global Market Analysis and Forecast, By Grade
- 8.1. Chemical Grade
- 8.2. Food Grade
- 8.3. Pharma Grade
- 9. Global Market Analysis and Forecast, By Application
- 9.1. Solvents
- 9.2. Additives
- 9.3. Intermediates
- 10. Global Market Analysis and Forecast, By End Use
- 10.1. Paints & Coatings
- 10.2. Cosmetics & Personal Care
- 10.3. Pharmaceuticals
- 10.4. Adhesives
- 10.5. Chemicals
- 10.6. Others
- 11. Global Market Analysis and Forecast, By Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia & Oceania
- 11.6. Middle East & Africa
- 12. North America Market Analysis and Forecast
- 13. Latin America Market Analysis and Forecast
- 14. Europe Market Analysis and Forecast
- 15. East Asia Market Analysis and Forecast
- 16. South Asia & Oceania Market Analysis and Forecast
- 17. Middle East & Africa Market Analysis and Forecast
- 18. Country-level Market Analysis and Forecast
- 19. Market Structure Analysis
- 20. Competition Analysis
- 20.1. Kumho P&B Chemical
- 20.2. Mitsubishi Chemicals
- 20.3. Celanese
- 20.4. INEOS Phenol
- 20.5. LG Chem
- 20.6. Covestro
- 20.7. Lotte Chemical
- 20.8. SABIC
- 20.9. Saso
- 20.10. Arkema
- 20.11. Mitsui Chemicals
- 20.12. Solvay
- 20.13. Altivia
- 20.14. LyondellBasell
- 20.15. Braskem
- 20.16. Shell
- 20.17. (*On Additional Request)
- 21. Assumptions & Acronyms Used
- 22. Research Methodology
List Of Table
Table 01. Global Value (US$ Billion) and Forecast by Region, 2017 to 2021
Table 02. Global Value (US$ Billion) and Forecast by Region, 2022 to 2032
Table 03. Global Volume (KT) and Forecast by Region, 2017 to 2021
Table 04. Global Volume (KT) and Forecast by Region, 2022 to 2032
Table 05. Global Value (US$ Billion) and Forecast By Product Type, 2017 to 2021
Table 06. Global Value (US$ Billion) and Forecast By Product Type, 2022 to 2032
Table 07. Global Volume (KT) and Forecast By Product Type, 2017 to 2021
Table 08. Global Volume (KT) and Forecast By Product Type, 2022 to 2032
Table 09. Global Value (US$ Billion) and Forecast By Grade, 2017 to 2021
Table 10. Global Value (US$ Billion) and Forecast By Grade, 2022 to 2032
Table 11. Global Volume (KT) and Forecast By Grade, 2017 to 2021
Table 12. Global Volume (KT) and Forecast By Grade, 2022 to 2032
Table 13. Global Value (US$ Billion) and Forecast By Application, 2017 to 2021
Table 14. Global Value (US$ Billion) and Forecast By Application, 2022 to 2032
Table 15. Global Volume (KT) and Forecast By Application, 2017 to 2021
Table 16. Global Volume (KT) and Forecast By Application, 2022 to 2032
Table 17. Global Value (US$ Billion) and Forecast by End Use Industry, 2017 to 2021
Table 18. Global Value (US$ Billion) and Forecast by End Use Industry, 2022 to 2032
Table 19. Global Volume (KT) and Forecast by End Use Industry, 2017 to 2021
Table 20. Global Volume (KT) and Forecast by End Use Industry, 2022 to 2032
Table 21. North America Value (US$ Billion) and Forecast by Country, 2017 to 2021
Table 22. North America Value (US$ Billion) and Forecast by Country, 2022 to 2032
Table 23. North America Volume (KT) and Forecast by Country, 2017 to 2021
Table 24. North America Volume (KT) and Forecast by Country, 2022 to 2032
Table 25. North America Value (US$ Billion) and Forecast By Product Type, 2017 to 2021
Table 26. North America Value (US$ Billion) and Forecast By Product Type, 2022 to 2032
Table 27. North America Volume (KT) and Forecast By Product Type, 2017 to 2021
Table 28. North America Volume (KT) and Forecast By Product Type, 2022 to 2032
Table 29. North America Value (US$ Billion) and Forecast By Grade, 2017 to 2021
Table 30. North America Value (US$ Billion) and Forecast By Grade, 2022 to 2032
Table 31. North America Volume (KT) and Forecast By Grade, 2017 to 2021
Table 32. North America Volume (KT) and Forecast By Grade, 2022 to 2032
Table 33. North America Value (US$ Billion) and Forecast By Application, 2017 to 2021
Table 34. North America Value (US$ Billion) and Forecast By Application, 2022 to 2032
Table 35. North America Volume (KT) and Forecast By Application, 2017 to 2021
Table 36. North America Volume (KT) and Forecast By Application, 2022 to 2032
Table 37. North America Value (US$ Billion) and Forecast by End Use Industry, 2017 to 2021
Table 38. North America Value (US$ Billion) and Forecast by End Use Industry, 2022 to 2032
Table 39. Latin America Value (US$ Billion) and Forecast by Country, 2017 to 2021
Table 40. Latin America Value (US$ Billion) and Forecast by Country, 2022 to 2032
Table 41. Latin America Volume (KT) and Forecast by Country, 2017 to 2021
Table 42. Latin America Volume (KT) and Forecast by Country, 2022 to 2032
Table 43. Latin America Value (US$ Billion) and Forecast By Product Type, 2017 to 2021
Table 44. Latin America Value (US$ Billion) and Forecast By Product Type, 2022 to 2032
Table 45. Latin America Volume (KT) and Forecast By Product Type, 2017 to 2021
Table 46. Latin America Volume (KT) and Forecast By Product Type, 2022 to 2032
Table 47. Latin America Value (US$ Billion) and Forecast By Grade, 2017 to 2021
Table 48. Latin America Value (US$ Billion) and Forecast By Grade, 2022 to 2032
Table 49. Latin America Volume (KT) and Forecast By Grade, 2017 to 2021
Table 50. Latin America Volume (KT) and Forecast By Grade, 2022 to 2032
Table 51. Latin America Value (US$ Billion) and Forecast By Application, 2017 to 2021
Table 52. Latin America Value (US$ Billion) and Forecast By Application, 2022 to 2032
Table 53. Latin America Volume (KT) and Forecast By Application, 2017 to 2021
Table 54. Latin America Volume (KT) and Forecast By Application, 2022 to 2032
Table 55. Latin America Value (US$ Billion) and Forecast by End Use Industry, 2017 to 2021
Table 56. Latin America Value (US$ Billion) and Forecast by End Use Industry, 2022 to 2032
Table 57. Latin America Volume (KT) and Forecast By End Use Industry, 2017 to 2021
Table 58. Latin America Volume (KT) and Forecast By End Use Industry, 2022 to 2032
Table 59. Europe Value (US$ Billion) and Forecast by Country, 2017 to 2021
Table 60. Europe Value (US$ Billion) and Forecast by Country, 2022 to 2032
Table 61. Europe Volume (KT) and Forecast by Country, 2017 to 2021
Table 62. Europe Volume (KT) and Forecast by Country, 2022 to 2032
Table 63. Europe Value (US$ Billion) and Forecast By Product Type, 2017 to 2021
Table 64. Europe Value (US$ Billion) and Forecast By Product Type, 2022 to 2032
Table 65. Europe Volume (KT) and Forecast By Product Type, 2017 to 2021
Table 66. Europe Volume (KT) and Forecast By Product Type, 2022 to 2032
Table 67. Europe Value (US$ Billion) and Forecast By Grade, 2017 to 2021
Table 68. Europe Value (US$ Billion) and Forecast By Grade, 2022 to 2032
Table 69. Europe Volume (KT) and Forecast By Grade, 2017 to 2021
Table 70. Europe Volume (KT) and Forecast By Grade, 2022 to 2032
Table 71. Europe Value (US$ Billion) and Forecast By Application, 2017 to 2021
Table 72. Europe Value (US$ Billion) and Forecast By Application, 2022 to 2032
Table 73. Europe Volume (KT) and Forecast By Application, 2017 to 2021
Table 74. Europe Volume (KT) and Forecast By Application, 2022 to 2032
Table 75. Europe Value (US$ Billion) and Forecast by End Use Industry, 2017 to 2021
Table 76. Europe Value (US$ Billion) and Forecast by End Use Industry, 2022 to 2032
Table 77. Europe Volume (KT) and Forecast By End Use Industry, 2017 to 2021
Table 78. Europe Volume (KT) and Forecast By End Use Industry, 2022 to 2032
Table 79. East Asia Value (US$ Billion) and Forecast by Country, 2017 to 2021
Table 80. East Asia Value (US$ Billion) and Forecast by Country, 2022 to 2032
Table 81. East Asia Volume (KT) and Forecast by Country, 2017 to 2021
Table 82. East Asia Volume (KT) and Forecast by Country, 2022 to 2032
Table 83. East Asia Value (US$ Billion) and Forecast By Product Type, 2017 to 2021
Table 84. East Asia Value (US$ Billion) and Forecast By Product Type, 2022 to 2032
Table 85. East Asia Volume (KT) and Forecast By Product Type, 2017 to 2021
Table 86. East Asia Volume (KT) and Forecast By Product Type, 2022 to 2032
Table 87. East Asia Value (US$ Billion) and Forecast By Grade, 2017 to 2021
Table 88. East Asia Value (US$ Billion) and Forecast By Grade, 2022 to 2032
Table 89. East Asia Volume (KT) and Forecast By Grade, 2017 to 2021
Table 90. East Asia Volume (KT) and Forecast By Grade, 2022 to 2032
Table 91. Europe Value (US$ Billion) and Forecast By Application, 2017 to 2021
Table 92. East Asia Value (US$ Billion) and Forecast By Application, 2022 to 2032
Table 93. East Asia Volume (KT) and Forecast By Application, 2017 to 2021
Table 94. East Asia Volume (KT) and Forecast By Application, 2022 to 2032
Table 95. East Asia Value (US$ Billion) and Forecast by End Use Industry, 2017 to 2021
Table 96. East Asia Value (US$ Billion) and Forecast by End Use Industry, 2022 to 2032
Table 97. East Asia Volume (KT) and Forecast By End Use Industry, 2017 to 2021
Table 98. East Asia Volume (KT) and Forecast By End Use Industry, 2022 to 2032
Table 99. South Asia & Oceania Value (US$ Billion) and Forecast by Country, 2017 to 2021
Table 100. South Asia & Oceania Value (US$ Billion) and Forecast by Country, 2022 to 2032
Table 101. South Asia & Oceania Volume (KT) and Forecast by Country, 2017 to 2021
Table 102. South Asia & Oceania Volume (KT) and Forecast by Country, 2022 to 2032
Table 103. South Asia & Oceania Value (US$ Billion) and Forecast By Product Type, 2017 to 2021
Table 104. South Asia & Oceania Value (US$ Billion) and Forecast By Product Type, 2022 to 2032
Table 105. South Asia & Oceania Volume (KT) and Forecast By Product Type, 2017 to 2021
Table 106. South Asia & Oceania Volume (KT) and Forecast By Product Type, 2022 to 2032
Table 107. South Asia & Oceania Value (US$ Billion) and Forecast By Grade, 2017 to 2021
Table 108. South Asia & Oceania Value (US$ Billion) and Forecast By Grade, 2022 to 2032
Table 109. South Asia & Oceania Volume (KT) and Forecast By Grade, 2017 to 2021
Table 110. South Asia & Oceania Volume (KT) and Forecast By Grade, 2022 to 2032
Table 111. South Asia & Oceania Value (US$ Billion) and Forecast By Application, 2017 to 2021
Table 112. South Asia & Oceania Value (US$ Billion) and Forecast By Application, 2022 to 2032
Table 113. South Asia & Oceania Volume (KT) and Forecast By Application, 2017 to 2021
Table 114. South Asia & Oceania Volume (KT) and Forecast By Application, 2022 to 2032
Table 115. South Asia & Oceania Value (US$ Billion) and Forecast by End Use Industry, 2017 to 2021
Table 116. South Asia & Oceania Value (US$ Billion) and Forecast by End Use Industry, 2022 to 2032
Table 117. South Asia & Oceania Volume (KT) and Forecast By End Use Industry, 2017 to 2021
Table 118. South Asia & Oceania Volume (KT) and Forecast By End Use Industry, 2022 to 2032
Table 119. MEA Value (US$ Billion) and Forecast by Country, 2017 to 2021
Table 120. MEA Value (US$ Billion) and Forecast by Country, 2022 to 2032
Table 121. MEA Volume (KT) and Forecast by Country, 2017 to 2021
Table 122. MEA Volume (KT) and Forecast by Country, 2022 to 2032
Table 123. MEA Value (US$ Billion) and Forecast By Product Type, 2017 to 2021
Table 124. MEA Value (US$ Billion) and Forecast By Product Type, 2022 to 2032
Table 125. MEA Volume (KT) and Forecast By Product Type, 2017 to 2021
Table 126. MEA Volume (KT) and Forecast By Product Type, 2022 to 2032
Table 127. MEA Value (US$ Billion) and Forecast By Grade, 2017 to 2021
Table 128. MEA Value (US$ Billion) and Forecast By Grade, 2022 to 2032
Table 129. MEA Volume (KT) and Forecast By Grade, 2017 to 2021
Table 130. MEA Volume (KT) and Forecast By Grade, 2022 to 2032
Table 131. MEA Value (US$ Billion) and Forecast By Application, 2017 to 2021
Table 132. MEA Value (US$ Billion) and Forecast By Application, 2022 to 2032
Table 133. MEA Volume (KT) and Forecast By Application, 2017 to 2021
Table 134. MEA Volume (KT) and Forecast By Application, 2022 to 2032
Table 135. MEA Value (US$ Billion) and Forecast by End Use Industry, 2017 to 2021
Table 136. MEA Value (US$ Billion) and Forecast by End Use Industry, 2022 to 2032
Table 137. MEA Volume (KT) and Forecast By End Use Industry, 2017 to 2021
Table 138. MEA Volume (KT) and Forecast By End Use Industry, 2022 to 2032
List Of Figures
Figure 01. Global Value (US$ Billion) and Volume (KT) Forecast, 2022 to 2032
Figure 02. Global Absolute $ Opportunity (US$ Billion), 2022 to 2032
Figure 03. Global Value (US$ Billion) and Volume (KT) by Region, 2022 & 2032
Figure 04. Global Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 05. Global Value (US$ Billion) and Volume (KT) By Product Type, 2022 & 2032
Figure 06. Global Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 07. Global Value (US$ Billion) and Volume (KT) By Grade, 2022 & 2032
Figure 08. Global Y-o-Y Growth Rate By Grade, 2022 to 2032
Figure 09. Global Value (US$ Billion) and Volume (KT) By Application, 2022 & 2032
Figure 10. Global Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 11. Global Value (US$ Billion) and Volume (KT) by End Use Industry, 2022 & 2032
Figure 12. Global Y-o-Y Growth Rate by End Use Industry, 2022 to 2032
Figure 13. North America Value (US$ Billion) and Volume (KT) Forecast, 2022 to 2032
Figure 14. North America Absolute $ Opportunity (US$ Billion), 2022 to 2032
Figure 15. North America Value (US$ Billion) and Volume (KT) by Country, 2022 & 2032
Figure 16. North America Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 17. North America Value (US$ Billion) and Volume (KT) By Product Type, 2022 & 2032
Figure 18. North America Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 19. North America Value (US$ Billion) and Volume (KT) By Grade, 2022 & 2032
Figure 20. North America Y-o-Y Growth Rate By Grade, 2022 to 2032
Figure 21. North America Value (US$ Billion) and Volume (KT) By Application, 2022 & 2032
Figure 22. North America Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 23. North America Value (US$ Billion) and Volume (KT) by End Use Industry, 2022 & 2032
Figure 24. North America Y-o-Y Growth Rate by End Use Industry, 2022 to 2032
Figure 25. North America Attractiveness Analysis By Product Type, 2022 to 2032
Figure 26. North America Attractiveness Analysis By Grade, 2022 to 2032
Figure 27. North America Attractiveness Analysis By Application, 2022 to 2032
Figure 28. North America Attractiveness Analysis by End Use Industry, 2022 to 2032
Figure 29. Latin America Value (US$ Billion) and Volume (KT) Forecast, 2022 to 2032
Figure 30. Latin America Absolute $ Opportunity (US$ Billion), 2022 to 2032
Figure 31. Latin America Value (US$ Billion) and Volume (KT) by Country, 2022 & 2032
Figure 32. Latin America Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 33. Latin America Value (US$ Billion) and Volume (KT) By Product Type, 2022 & 2032
Figure 34. Latin America Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 35. Latin America Value (US$ Billion) and Volume (KT) By Grade, 2022 & 2032
Figure 36. Latin America Y-o-Y Growth Rate By Grade, 2022 to 2032
Figure 37. Latin America Value (US$ Billion) and Volume (KT) By Application, 2022 & 2032
Figure 38. Latin America Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 39. Latin America Value (US$ Billion) and Volume (KT) by End Use Industry, 2022 & 2032
Figure 40. Latin America Y-o-Y Growth Rate by End Use Industry, 2022 to 2032
Figure 41. Latin America Attractiveness Analysis by Country, 2022 to 2032
Figure 42. Latin America Attractiveness Analysis By Product Type, 2022 to 2032
Figure 43. Latin America Attractiveness Analysis By Grade, 2022 to 2032
Figure 44. Latin America Attractiveness Analysis By Application, 2022 to 2032
Figure 45. Latin America Attractiveness Analysis by End Use Industry, 2022 to 2032
Figure 46. Europe Value (US$ Billion) and Volume (KT) Forecast, 2022 to 2032
Figure 47. Europe Absolute $ Opportunity (US$ Billion), 2022 to 2032
Figure 48. Europe Value (US$ Billion) and Volume (KT) by Country, 2022 & 2032
Figure 49. Europe Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 50. Europe Value (US$ Billion) and Volume (KT) By Product Type, 2022 & 2032
Figure 51. Europe Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 52. Europe Value (US$ Billion) and Volume (KT) By Grade, 2022 & 2032
Figure 53. Europe Y-o-Y Growth Rate By Grade, 2022 to 2032
Figure 54. Europe Value (US$ Billion) and Volume (KT) By Application, 2022 & 2032
Figure 55. Europe Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 56. Europe Value (US$ Billion) and Volume (KT) by End Use Industry, 2022 & 2032
Figure 57. Europe Y-o-Y Growth Rate by End Use Industry, 2022 to 2032
Figure 58. Europe Attractiveness Analysis by Country, 2022 to 2032
Figure 59. Europe Attractiveness Analysis By Product Type, 2022 to 2032
Figure 60. Europe Attractiveness Analysis By Grade, 2022 to 2032
Figure 61. Europe Attractiveness Analysis By Application, 2022 to 2032
Figure 62. Europe Attractiveness Analysis by End Use Industry, 2022 to 2032
Figure 63. East Asia Value (US$ Billion) and Volume (KT) Forecast, 2022 to 2032
Figure 64. East Asia Absolute $ Opportunity (US$ Billion), 2022 to 2032
Figure 65. East Asia Value (US$ Billion) and Volume (KT) by Country, 2022 & 2032
Figure 66. East Asia Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 67. East Asia Value (US$ Billion) and Volume (KT) By Product Type, 2022 & 2032
Figure 68. East Asia Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 69. East Asia Value (US$ Billion) and Volume (KT) By Grade, 2022 & 2032
Figure 70. East Asia Y-o-Y Growth Rate By Grade, 2022 to 2032
Figure 71. East Asia Value (US$ Billion) and Volume (KT) By Application, 2022 & 2032
Figure 72. East Asia Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 73. East Asia Value (US$ Billion) and Volume (KT) by End Use Industry, 2022 & 2032
Figure 74. East Asia Y-o-Y Growth Rate by End Use Industry, 2022 to 2032
Figure 75. East Asia Attractiveness Analysis by Country, 2022 to 2032
Figure 76. East Asia Attractiveness Analysis By Product Type, 2022 to 2032
Figure 77. East Asia Attractiveness Analysis By Grade, 2022 to 2032
Figure 78. East Asia Attractiveness Analysis By Application, 2022 to 2032
Figure 79. East Asia Attractiveness Analysis by End Use Industry, 2022 to 2032
Figure 80. South Asia & Oceania Value (US$ Billion) and Volume (KT) Forecast, 2022 to 2032
Figure 81. South Asia & Oceania Absolute $ Opportunity (US$ Billion), 2022 to 2032
Figure 82. South Asia & Oceania Value (US$ Billion) and Volume (KT) by Country, 2022 & 2032
Figure 83. South Asia & Oceania Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 84. South Asia & Oceania Value (US$ Billion) and Volume (KT) By Product Type, 2022 & 2032
Figure 85. South Asia & Oceania Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 86. South Asia & Oceania Value (US$ Billion) and Volume (KT) By Grade, 2022 & 2032
Figure 87. South Asia & Oceania Y-o-Y Growth Rate By Grade, 2022 to 2032
Figure 88. South Asia & Oceania Value (US$ Billion) and Volume (KT) By Application, 2022 & 2032
Figure 89. South Asia & Oceania Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 90. South Asia & Oceania Value (US$ Billion) and Volume (KT) by End Use Industry, 2022 & 2032
Figure 91. South Asia & Oceania Y-o-Y Growth Rate by End Use Industry, 2022 to 2032
Figure 92. South Asia & Oceania Attractiveness Analysis by Country, 2022 to 2032
Figure 93. South Asia & Oceania Attractiveness Analysis By Product Type, 2022 to 2032
Figure 94. South Asia & Oceania Attractiveness Analysis By Grade, 2022 to 2032
Figure 95. South Asia & Oceania Attractiveness Analysis By Application, 2022 to 2032
Figure 96. South Asia & Oceania Attractiveness Analysis by End Use Industry, 2022 to 2032
Figure 97. MEA Value (US$ Billion) and Volume (KT) Forecast, 2022 to 2032
Figure 98. MEA Absolute $ Opportunity (US$ Billion), 2022 to 2032
Figure 99. MEA Value (US$ Billion) and Volume (KT) by Country, 2022 & 2032
Figure 100. MEA Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 101. MEA Value (US$ Billion) and Volume (KT) By Product Type, 2022 & 2032
Figure 102. MEA Y-o-Y Growth Rate By Product Type, 2022 to 2032
Figure 103. MEA Value (US$ Billion) and Volume (KT) By Grade, 2022 & 2032
Figure 104. MEA Y-o-Y Growth Rate By Grade, 2022 to 2032
Figure 105. MEA Value (US$ Billion) and Volume (KT) By Application, 2022 & 2032
Figure 106. MEA Y-o-Y Growth Rate By Application, 2022 to 2032
Figure 107. MEA Value (US$ Billion) and Volume (KT) by End Use Industry, 2022 & 2032
Figure 108. MEA Y-o-Y Growth Rate by End Use Industry, 2022 to 2032
Figure 109. MEA Attractiveness Analysis by Country, 2022 to 2032
Figure 110. MEA Attractiveness Analysis By Product Type, 2022 to 2032
Figure 111. MEA Attractiveness Analysis By Grade, 2022 to 2032
Figure 112. MEA Attractiveness Analysis By Application, 2022 to 2032
Figure 113. MEA Attractiveness Analysis by End Use Industry, 2022 to 2032
- FAQs -
What will the market size of acetone derivatives be by 2032?
The global acetone derivatives market is expected to reach US$ 19.9 billion by 2032.
Which region dominates the consumption of acetone derivatives?
North America holds the highest share of acetone derivative consumption and is valued at US$ 2.3 billion in 2022.
How did the market perform over the last few years?
From 2017 to 2021, sales of acetone derivatives increased at 4.1% CAGR.
Which application of acetone derivatives accounts for a major market share?
Application of acetone derivatives as solvents accounts for 51.6% market share.
Which acetone derivatives grade is most preferred?
Chemical-grade acetone derivatives account for 56.3% share of the global market.
Acetone Derivatives Market