Burgeoning Adhesive Consumption to Propel Demand for Acetone Derivatives – Fact.MR Survey

250 Pages Acetone Derivatives Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

Latest industry survey by Fact MR, predicts Acetone Derivatives sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.

The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.

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The report offers actionable and valuable market insights of Acetone Derivatives. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Acetone Derivatives Market across various industries and regions.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Acetone Derivatives market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Acetone Derivatives

This newly published and insightful report sheds light on Market Insights of Acetone Derivatives, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Acetone Derivatives Market.

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Market Segments Covered in Acetone Derivatives Industry Research

• By Product Type

  • Bisphenol A
  • Diacetone Alcohol
  • Methyl Methacrylate (MMA)
  • Isophorone
  • Methyl Isobutyl Ketone (MIBK)

• By Grade

  • Chemical Grade Acetone Derivatives
  • Food Grade Acetone Derivatives
  • Pharma Grade Acetone Derivatives

• By Application

  • Acetone Derivatives in Solvents
  • Acetone Derivatives in Additives
  • Acetone Derivatives in Intermediates

• By End Use

  • Acetone Derivatives for Paints & Coatings
  • Acetone Derivatives for Cosmetics & Personal Care
  • Acetone Derivatives for Pharmaceuticals
  • Acetone Derivatives for Adhesives
  • Acetone Derivatives for Chemicals
  • Others

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Key Takeaways from Market Study

• Bisphenol A, under product type, is projected to provide an absolute $ opportunity worth US$ 1.9 Bn over the next ten years.
• Demand for chemical grade acetone derivatives is projected to increase at a CAGR of around 6% over the forecast period.
• On the basis on end use, demand for paints & coatings is anticipated to expand 1.8X by 2031.
• East Asia is projected to capture around 32% share of the global acetone derivative market by 2031.
• South Asia & Oceania to gain market by 87 BPS over the period of 2021-2031.

“Regulations over carbon emissions can act as a hindrance for acetone derivative producers; hence, investing in R&D along with technological up-gradation could account as a fruitful strategy,” says a Fact.MR analyst.

Competition Landscape: Top Acetone Derivative Companies

To expand their consumer base, acetone derivative manufacturers are opting for a mix of organic and inorganic growth strategies such as capacity expansion, acquisitions, and collaborations to help them garner more market share that would provide them the desired competitive advantage.

• In December 2020, Mitsubishi Chemical Corporation announced that it had acquired “green field” property on the Mississippi river, and plans to construct a 350KT MMA plant. The plant is to be constructed based on the company’s proven ALPHA technology.
• In March 2021 Lotte chemical announced that it will use Honeywell UOP Q-max, EVONIK MSHP, and Phenol 3G technologies to produce phenol and acetone derivatives. Through this technological engagement, Lotte chemicals aims at increasing its global production of phenol and acetone derivatives in order to raise its market position.
• In May 2021, Arkema announced divestment of its PMMA business to Trinseo. Following this divestment, Arkema aims at becoming a prominent player in the specialty material segment by 2024.
• In November 2019, ALTIVIA Ketones & Derivatives completed the acquisition of Dow’s acetone derivative business. This move by Altivia would ensure the expansion of its ketone & additives business by providing quality products to the end user segment.

Similar, recent developments related to companies offering acetone derivatives have been tracked by the team at Fact.MR, which are available in the full report.

Report Benefits & Key Questions Answered

• Acetone Derivatives Company & brand share analysis: The report offers brand-share analysis on Acetone Derivatives market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
• Acetone Derivatives Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
• Acetone Derivatives Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
• Acetone Derivatives Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
• Acetone Derivatives Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
• Post COVID consumer spending on Acetone Derivatives: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Acetone Derivatives sales.

More Valuable Insights on Acetone Derivatives Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Acetone Derivatives, Sales and Demand of Acetone Derivatives, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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