Published by mark itwired
Posted on September 17, 2021
5 min readLast updated: February 5, 2026
The acetone market is growing due to demand from pharmaceuticals and personal care. Despite challenges like environmental concerns and COVID-19 disruptions, the market is expected to grow steadily.
Strong demand from multiple end use industries including personal care, coatings & adhesives, electronics, agriculture chemicals & paints, construction pharmaceuticals, and automotive sectors is a key factor generating growth in the acetone industry. The acetone market is estimated to reflect a steady rate of 5% CAGR for the duration of the assessment period from 2021 to 2031. Significant scope of use, and favorable chemical characteristics such as miscibility in water, and a low boiling point will influence developments in end use industries throughout the coming decade. Demand for methyl methacrylate in the consumer electronics sector is a major contributor to long-term growth prospects.
“Exponential growth of the construction, paints and coatings, and automotive sectors, coupled with rising levels of disposable income generating demand for acetone. In addition, the massive potential for growth of the pharmaceutical and cosmetics industries supported by rising demand from varied demographics is also indirectly bolstering the rise of the acetone market,” says the FMI study.
Request a report sample to gain comprehensive market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-276
Acetone Market – Primary Takeaways
Acetone Market – Growth Factors
Acetones Market – Major Constraints
Expected Impact on Market by Coronavirus Outbreak
The global acetone market has been negatively affected by the ongoing covid-19 pandemic. Disrupted supply chains arising from restrictions on international and domestic trade for essential raw materials have been a major area of concern for market players. In addition lockdown restrictions have impacted the availability of manpower and manufacturing activities.
Recovery of the industry is likely to be gradual through 2021 and beyond, owing to competition from alternative materials despite the relaxation of lockdown regulations. In addition, applications of acetones in the healthcare sector will continue to benefit manufacturers even after the end of the pandemic.
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-276
Competition Landscape
The top manufacturers taking part in the acetone market include but are not limited to CEPSA Quimica, INEOS Phenol, Formosa Chemicals and Fiber Corporation, Royal Dutch Shell plc, Sasol, Honeywell International Inc., The Dow Chemical Company, Domo Chemicals, Mitsui Chemicals Inc., and Hindustan Organic Chemicals Ltd.
Major players in the acetone market are investing increasingly in volume growth strategies along with cost control to consolidate market position. Also, strategic mergers and acquisitions are rapidly gaining ground in the industry.
Deepak Nitrile started production of isopropyl alcohol at a manufacturing capacity to produce 30,000 MT annually with the goal of a comprehensive portfolio of downstream derivatives. In December 2020, Greenfield Global Inc. a leading ethanol producer of Canada won Excipient Quality System (EXCiPACT) Good Manufacturing Practice (GMP) certifications for acetone, ethanol, and IPA products at its Connecticut facility. Also, ALTIVIA Petrochemicals announced an acquisition agreement for Dow’s acetone derivatives business, aimed towards the adhesive and pharmaceutical industries.
Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/276
More on the Report
FMI provides in-depth insights on the acetones market. The market is segmented in terms of end use industry (chemical & allied products, pharmaceutical drugs, cosmetics & personal care use), and application type (methyl methacrylate, bisphenol-A, solvents, and others), across seven regions (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and Middle East & Africa).
Explore Wide-ranging Coverage of FMI’s Chemicals & Materials Landscape
Aluminum Fluoride Market: Find insights on the aluminum fluoride market with analysis of statistics, segments, players, influencers, and business strategies adopted over a 10-year forecast period.
Dicamba Market: FMI’s report on the dicamba market provides insights on the market for 2016-2020. The study provides insights on restraining forces, revenue sources, market leaders, and market strategies.
Construction Aggregates Market: An analysis on the construction aggregates market with key data on opportunities, growth levers, regional markets, restraints, regulatory policies, and strategies of market players.
Download Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-276
The post Demand in Pharmaceutical and Personal Care Commodity Production Activities in the Acetone Market Generates Key Opportunities first appeared on Market Research Blog.
The article discusses growth opportunities in the acetone market driven by demand from pharmaceuticals and personal care industries.
Growth is driven by demand in personal care, pharmaceuticals, and electronics, along with favorable chemical properties of acetone.
COVID-19 has disrupted supply chains and manufacturing, impacting the acetone market negatively, but recovery is expected post-pandemic.
Explore more articles in the Research Reports category
