Acetone Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
Acetone Market was valued at USD 4852.2 million in 2020 and is expected to grow at a CAGR of 7% between 2021 and 2027. Acetone is also called propanone. Its chemical formula is CH3COCH 3.It Colorless liquid. It is the simplest ketone with a condensed formula C3H6O. It is an organic chemical that contains hydrogen, oxygen and carbon atoms. Acetone is used to make plastics, textiles, drugs and other chemicals. It is also used to dissolve other substances. It occurs naturally as a product of plants, trees, volcanic gases, forest fires and decomposition of body fat. It is present in vehicle exhaust, cigarette smoke and landfills.
“The number of growth in construction, paints, coatings, automotive sectors and combined with rising levels of disposable income generation demand for acetone. In addition, the potential for massive growth in the pharmaceutical and cosmetic industries is supported by increased demand from a variety of demographics, which also indirectly strengthens the rise of the acetone market, ” says FMI research.
Top Major Key Players Industries:
Formosa Chemicals and Fibre Corporation
Royal Dutch Shell plc
Mitsui Chemicals, Inc.
INEOS
Borealis AG
By Application
Methyl Methacrylate (MMA)
Bisphenol A (BPA)
Solvents
Methyl Isobutyl Ketone
Other Applications
By End-user Industry
Cosmetics and Personal Care
Electronics
Automotive
Pharmaceutical
Paints, Coatings, and Adhesives
Textile Industry
Other End-user Industries
Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
- What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)?
- Which segments (product type or applications or end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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