Market Forecast by Countries (United States, Canada), By Application (Methyl Methacrylate (MMA), Bisphenol A (BPA), Solvents, Others), By Distribution Channel (Manufacturer to Distributor, Manufacturer to End-User), By Grade (Specialty Grade, Technical Grade) And Competitive Landscape
Product Code: ETC182214 | Publication Date: Jul 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
North America Acetone Market is expected to experience growth in recent years. Acetone is a volatile and flammable organic compound that is widely used as a solvent in various industries, including chemicals, pharmaceuticals, cosmetics, and automotive.
Increasing Demand in Chemical Industry: Acetone serves as a key raw material to produce numerous chemicals. The growth of the chemical industry in North America drives the demand for acetone.
Growing Demand in Pharmaceutical and Personal Care Products: Acetone is used in the formulation of pharmaceuticals and personal care products. The expanding healthcare and personal care sectors contribute to the demand for acetone in North America.
Advancements in Industrial Processes: Technological advancements and process innovations have improved the production efficiency and purity of acetone.
Volatility in Raw Material Prices: Acetone is primarily produced from petrochemical feedstocks, making it susceptible to price fluctuations in the oil and gas industry. These price variations can impact the production cost of acetone and affect market dynamics.
Environmental and Regulatory Concerns: Acetone is a volatile organic compound (VOC) and can contribute to air pollution.Β
Competition from Alternatives: Acetone faces competition from other solvents and chemicals that can serve similar functions in various industries. The availability of alternative substances and changing market preferences can influence the demand for acetone.
The global pandemic had a mixed impact on the acetone market in North America. The demand for acetone in automotive and construction was adversely affected due to lockdowns and economic slowdown. However, the healthcare sector, including the production of sanitisers and disinfectants, experienced increased demand for acetone.Β
The market has several key players that are leading the market share. Some of them include;
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Acetone Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Acetone Market Revenues & Volume, 2020 & 2027F |
3.3 North America Acetone Market - Industry Life Cycle |
3.4 North America Acetone Market - Porter's Five Forces |
3.5 North America Acetone Market Revenues & Volume Share, By Countries, 2020 & 2027F |
3.6 North America Acetone Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.7 North America Acetone Market Revenues & Volume Share, By Distribution Channel, 2020 & 2027F |
3.8 North America Acetone Market Revenues & Volume Share, By Grade, 2020 & 2027F |
3.9 North America Acetone Market Revenues & Volume Share, By , 2020 & 2027F |
4 North America Acetone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Acetone Market Trends |
6 North America Acetone Market, 2017 - 2027 |
6.1 North America Acetone Market, Revenues & Volume, By Application, 2017 - 2027 |
6.2 North America Acetone Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
6.3 North America Acetone Market, Revenues & Volume, By Grade, 2017 - 2027 |
7 United States Acetone Market, 2017 - 2027 |
7.1 United States Acetone Market, Revenues & Volume, By Application, 2017 - 2027 |
7.2 United States Acetone Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
7.3 United States Acetone Market, Revenues & Volume, By Grade, 2017 - 2027 |
8 Canada Acetone Market, 2017 - 2027 |
8.1 Canada Acetone Market, Revenues & Volume, By Application, 2017 - 2027 |
8.2 Canada Acetone Market, Revenues & Volume, By Distribution Channel, 2017 - 2027 |
8.3 Canada Acetone Market, Revenues & Volume, By Grade, 2017 - 2027 |
9 North America Acetone Market Key Performance Indicators |
10 North America Acetone Market - Opportunity Assessment |
10.1 North America Acetone Market Opportunity Assessment, By Countries, 2020 & 2027F |
10.2 North America Acetone Market Opportunity Assessment, By Application, 2020 & 2027F |
10.3 North America Acetone Market Opportunity Assessment, By Distribution Channel, 2020 & 2027F |
10.4 North America Acetone Market Opportunity Assessment, By Grade, 2020 & 2027F |
10.5 North America Acetone Market Opportunity Assessment, By , 2020 & 2027F |
11 North America Acetone Market - Competitive Landscape |
11.1 North America Acetone Market Revenue Share, By Companies, 2020 |
11.2 North America Acetone Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |