Acetone Market Size, Trends and Outlook for 2024–2031

Meera Ravat
6 min readDec 22, 2023

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“Acetone Market” Research Report 2024 includes detailed market segmentation based on Regions, Applications (Plastics & Rubber Industry, Explosive Industry, Painting Industry, Chemical Materials, Others), and Types (Cumene Process for Acetone, Isopropanol Processing, Fermentation, Others). The report presents the research and analysis provided within the Acetone Market Research is meant to benefit stakeholders, vendors, and other participants in the industry. This report is of 105 Pages long. The Acetone market is expected to grow annually by magnificent (CAGR 2024–2031).

Who is the largest manufacturers of Acetone Market worldwide?

  • INEOS Phenol
  • Mitsui Chemicals
  • Sunoco
  • Shell
  • Saudi Basic Industries Corporation(SABIC)
  • Westlake Chemical
  • CEPSA
  • Versalis — Eni
  • Borealis AG
  • Sinopec
  • CNPC
  • MP Biomedicals
  • ABI Chem
  • ZINC

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Short Description About Acetone Market:

The Global Acetone market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Market Analysis and Insights: Global Acetone Market

Due to the COVID-19 pandemic, the global Acetone market size is estimated to be worth USD million in 2022 and is forecast to a readjusted size of USD million by 2028 with a CAGR of Percent during the review period. Fully considering the economic change by this health crisis, Cumene Process for Acetone accounting for Percent of the Acetone global market in 2021, is projected to value USD million by 2028, growing at a revised Percent CAGR in the post-COVID-19 period. While Plastics & Rubber Industry segment is altered to an Percent CAGR throughout this forecast period.

China Acetone market size is valued at USD million in 2021, while the US and Europe Acetone are USD million and USD million, severally. The proportion of the US is Percent in 2021, while China and Europe are Percent and Percent respectively, and it is predicted that China proportion will reach Percent in 2028, trailing a CAGR of Percent through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR Percent, Percent, and Percent respectively for the next 6-year period. As for the Europe Acetone landscape, Germany is projected to reach USD million by 2028 trailing a CAGR of Percent over the forecast period.

The global key manufacturers of Acetone include INEOS Phenol, Mitsui Chemicals, Sunoco, Shell, Saudi Basic Industries Corporation(SABIC), Westlake Chemical, CEPSA, Versalis — Eni and Borealis AG, etc. In 2021, the global top five players have a share approximately Percent in terms of revenue.

In terms of production side, this report researches the Acetone capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.

In terms of sales side, this report focuses on the sales of Acetone by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.

Global Acetone Scope and Segment

Acetone market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Acetone market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017–2028.

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What are the factors driving the growth of the Acetone Market?

Growing demand for below applications around the world has had a direct impact on the growth of the Acetone

  • Plastics & Rubber Industry
  • Explosive Industry
  • Painting Industry
  • Chemical Materials
  • Others

What are the types of Acetone available in the Market?

Based on Product Types the Market is categorized into Below types that held the largest Acetone market share In 2024.

  • Cumene Process for Acetone
  • Isopropanol Processing
  • Fermentation
  • Others

Which regions are leading the Acetone Market?

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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This Acetone Market Research/Analysis Report Contains Answers to your following Questions

  • What are the global trends in the Acetone market? Would the market witness an increase or decline in the demand in the coming years?
  • What is the estimated demand for different types of products in Acetone? What are the upcoming industry applications and trends for Acetone market?
  • What Are Projections of Global Acetone Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
  • Where will the strategic developments take the industry in the mid to long-term?
  • What are the factors contributing to the final price of Acetone? What are the raw materials used for Acetone manufacturing?
  • How big is the opportunity for the Acetone market? How will the increasing adoption of Acetone for mining impact the growth rate of the overall market?
  • How much is the global Acetone market worth? What was the value of the market In 2020?
  • Who are the major players operating in the Acetone market? Which companies are the front runners?
  • Which are the recent industry trends that can be implemented to generate additional revenue streams?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Acetone Industry?

Acetone Market — Covid-19 Impact and Recovery Analysis:

We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. This document analyzes the effect of the pandemic on the Acetone market from a international and nearby angle. The document outlines the marketplace size, marketplace traits, and market increase for Acetone industry, categorised with the aid of using kind, utility, and patron sector. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Report moreover done a pestel evaluation within the business enterprise to study key influencers and boundaries to entry.

Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. In addition, we’re constantly inclined to conform with the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Acetone Industry.

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Detailed TOC of Global Acetone Market Research Report, 2024–2031

1 Market Overview
1.1 Product Overview and Scope of Acetone
1.2 Classification of Acetone by Type
1.2.1 Overview: Global Acetone Market Size by Type: 2017 Versus 2021 Versus 2031
1.2.2 Global Acetone Revenue Market Share by Type in 2021
1.3 Global Acetone Market by Application
1.3.1 Overview: Global Acetone Market Size by Application: 2017 Versus 2021 Versus 2031
1.4 Global Acetone Market Size and Forecast
1.5 Global Acetone Market Size and Forecast by Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Acetone Market Drivers
1.6.2 Acetone Market Restraints
1.6.3 Acetone Trends Analysis

2 Company Profiles
2.1 Company
2.1.1 Company Details
2.1.2 Company Major Business
2.1.3 Company Acetone Product and Solutions
2.1.4 Company Acetone Revenue, Gross Margin and Market Share (2019, 2020, 2021 and 2024)
2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Acetone Revenue and Share by Players (2019,2020,2021, and 2024)
3.2 Market Concentration Rate
3.2.1 Top3 Acetone Players Market Share in 2021
3.2.2 Top 10 Acetone Players Market Share in 2021
3.2.3 Market Competition Trend
3.3 Acetone Players Head Office, Products and Services Provided
3.4 Acetone Mergers and Acquisitions
3.5 Acetone New Entrants and Expansion Plans

4 Market Size Segment by Type
4.1 Global Acetone Revenue and Market Share by Type (2017–2024)
4.2 Global Acetone Market Forecast by Type (2024–2031)

5 Market Size Segment by Application
5.1 Global Acetone Revenue Market Share by Application (2017–2024)
5.2 Global Acetone Market Forecast by Application (2024–2031)

6 Regions by Country, by Type, and by Application
6.1 Acetone Revenue by Type (2017–2031)
6.2 Acetone Revenue by Application (2017–2031)
6.3 Acetone Market Size by Country
6.3.1 Acetone Revenue by Country (2017–2031)
6.3.2 United States Acetone Market Size and Forecast (2017–2031)
6.3.3 Canada Acetone Market Size and Forecast (2017–2031)
6.3.4 Mexico Acetone Market Size and Forecast (2017–2031)

7 Research Findings and Conclusion

8 Appendix
8.1 Methodology
8.2 Research Process and Data Source
8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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