Global Acetone Market Outlook to 2026

Acetone is majorly used for the production of methyl methacrylate which is further used as an intermediate for PMMA and PVC plastics manufacturing. Acetone is also used as an essential feedstock for Bisphenol A (BPA) and solvents manufacturing. Acetone is extensively used in industries such as cosmetics & personal care, electronics, construction, automotive, pharmaceutical, agriculture chemicals & adhesives.

According to BlueQuark Research & Consulting, the global acetone market is expected to witness a moderate surge in growth rate during the forecast period. The major factor responsible for the growth of the global acetone market is the increasing demand from the cosmetic and personal care industry. Growing utilisation of acetone as an active ingredient in cleaning products, nail polish removers, paint thinners and degreasers is driving the acetone market.

Asia-Pacific region is expected to be the largest market for acetone. Some of the factors attributed to the growth of this regional segment are expansion of international players in this region, increasing urbanization, growing research and development activities, and technological advancements.

The solvent segment accounts for the major share of the acetone market, due to its use in a wide range of applications such as resins, cleaning agents, paints and adhesives among others. This is followed by Methyl Methacrylate (MMA), which is widely used for medical purposes and other industrial applications.

The global acetone market is highly fragmented. Major companies in the market were found to be Honeywell International Inc, Dow, Ineos, Formosa Chemicals & Fibre Corp, BASF SE, Mitsui Chemicals Inc, Shell Chemical Co, LG Chem Ltd and Reliance Chemicals Pvt Ltd, among others.

Global AcetoneMarketreport provides deep insight into the current and future state of the Acetone market across various regions. The study comprehensively analyzes the Acetone market by segmenting based on Application type (Bisphenol A, Methyl Methacrylate (MMA), Solvents and Others), End User Industry (Electronics, Construction, Automotive, Paints & Coatings, Cosmetics and Personal Care, and Other Industries), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.