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Global Acetone Market to Grow at a CAGR of 3.23% During Forecast Period 2016-2020

ResearchMoz added Latest Research Report titled " Global Acetone Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.


Albany, NY -- (SBWIRE) -- 08/29/2016 -- Acetone is produced as co-product in cumene peroxidation process for phenol production. It can also be commercially produced by the dehydrogenation of 2-propanol or isopropyl alcohol. The compound has a sweet odor and is highly inflammable. It is popularly used as a solvent in many industries. It is also used as an intermediate in manufacturing other complex chemicals.

The global acetone market to grow at a CAGR of 3.23% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global acetone market for 2016-2020. To calculate the market size, we considered the revenue generated through sales of acetone for applications such as bisphenol A production, methyl methacrylate production, and solvent production by considering 2015 as the base year.

The market is divided into the following segments based on geography:
- Europe
- North America

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Technavio's report, Global Acetone Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Dow
- Shell

Market driver
- Increased demand from end-user industries including cosmetics and electronics
- For a full, detailed list, view our report

Market challenge
- Health effects of acetone
- For a full, detailed list, view our report

Market trend
- Growing use of polycarbonate in the automotive industry
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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