“Acetone Market” is the process of conveying a good quality service to customers. focuses on identifying hidden needs or requirements of customers. Report defines the scope of the Acetone market, identifying potential of the Acetone markets and determining optimal pricing for the market, it encouraging potential customers to purchase, and finding the best distribution methods for delivering to customers.
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Market Overview:
Key Market Trends:
Methyl Methacrylate (MMA) Application to Witness Higher Potential Growth
– MMA is a colorless liquid, soluble in most of the organic solvents except in water, and is the second largest market for acetone. MMA is widely used for various medical, dental and joint replacements procedures, and for other industrial applications.
– Moreover, MMA is majorly used to make polymethyl methacrylate (PMMA) plastics. MMA also witnesses further usage in various other applications, such as in the form of beads or pellets. The polymer form of MMA can be molded into a wide range of end-use products, such as rear-lights, lenses for glasses, and instrument consoles for vehicles and appliances.
– In the automotive industry, MMA is used in auto-glazing and for exterior car coating, as it is weather resistant and it protects from scratches. It is used in adhesives, coatings, and nail products.
– This wide range of usage in many end-user applications has driven the MMA market. The major consuming countries in the methyl methacrylate market are the United States, China, Japan, Germany, and Singapore.
– Hence, the growing demand from various industries in different countries is expected to increase the demand for acetone in the form of MMA application.
China to dominate the Asia-Pacific region
– Chinas acetone market is expected to expand at a healthy growth rate owing to the increasing demand for MMA, bisphenol-A, and solvents from various industries such as construction, electronics and automotive.
– Chinas MMA supply is expected to increase in the year 2019 due to increase in upcoming plant capacities. Various manufacturers such as Wanhua Chemical has already introduced its 50,000 tons per year MMA plant in the year 2018. Additionally, Heilongjiang Zhongmen Longxin Chemical and Jiangsu Sailboat will be expanding their capacities at their respective MMA plant locations in 2019.
– Moreover, the production for bisphenol-A is expanding in China on the back of increasing demand for polycarbonates from construction, electronics, and automotive industries, amongst others.
– Such factors are driving the market for acetone in the country, which in turn is fuelling the demand from Asia-Pacific region.
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Major Key Players are as Follows
Scope of the Report:
Geographical Regions:
– China – – Japan – South Korea – United States – Canada – Mexico – Germany – United Kingdom – Italy – France – Spain – Brazil – Argentina – Saudi Arabia – South Africa.
Topics such as sales and sales revenue overview, production market share by product type, capacity and production overview, import, export, and consumption are covered under the development trend section of the Acetone market report.
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Reasons to Purchase Acetone Market Report Covered:
- The report examines how Acetone market will develop in the future.
- Studying various views of the Acetone market with the help of Porter’s five forces analysis.
- Analyzing the product type that is probable to control the market and regions that are likely to witness the fastest development during the forecast period
- Identify the new developments, Acetone market shares and strategies employed by the key market players.
- Competitive landscape including the market share of major players along with the key strategies accepted for growth in the past five years
- Complete company profiles covering the product offerings, key financial information, current developments, SWOT analysis and strategies employed by the major Acetone market players
Detailed TOC of Acetone Market – Growth, Trends, and Forecast (2019 – 2024)
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Usage in Production of Personal Care and Household Products
4.1.2 Increasing Demand for Polycarbonate in the Automobile and Construction Industries
4.1.3 Growing Electronics Industry in the Asia-Pacific
4.2 Restraints
4.2.1 Increasing Regulations by an Commission on BPA
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 Application
5.1.1 Methyl Methacrylate (MMA)
5.1.2 Bisphenol A (BPA)
5.1.3 Solvents
5.1.4 Other Applications
5.2 End-user Industry
5.2.1 Cosmetics & Personal Care
5.2.2 Electronics
5.2.3 Construction
5.2.4 Automotive
5.2.5 Pharmaceutical
5.2.6 Agricultural Chemicals
5.2.7 Paints, Coatings & Adhesives
5.2.8 Other End-user Industries
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Spain
5.3.3.6 Rest of
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle East & Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 ALTIVIA Petrochemicals, LLC
6.4.2 BASF SE
6.4.3 Borealis AG
6.4.4 CEPSA Quimica SA
6.4.5 DowDuPont
6.4.6 Formosa Chemicals and Fibre Corporation
6.4.7 Green Biologics Ltd
6.4.8 Honeywell Chemicals
6.4.9 INEOS Phenol GmbH
6.4.10 Kumho P&B Chemicals
6.4.11 LCY GROUP
6.4.12 LG Chem Ltd
6.4.13 Mitsui Chemicals Inc.
6.4.14 Prasol Chemicals Ltd
6.4.15 PTT Phenol Company Limited (PTT Group)
6.4.16 Reliance Chemicals Pvt Ltd
6.4.17 Shell Chemical Co.
6.4.18 Sinopecs Beijing Yanshan Petrochemical
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Usage by Dermatologists
7.2 Other Opportunities
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