Europe Acetone Market is Expected to Grow at 5.3% in the Forecast Period of 2020 to 2027

Europe Acetone Market is forecasted to grow at 5.3% with factors such as increasing consumption of acetone in the hygiene sector.

Acetone market has shown an exceptional penetration in countries such as Germany, France and Russia. Growing usage of acetone is increasing the penetration in developed countries. In developing countries, increasing use of acetone in environmental cleanup is creating opportunity for the Europe acetone market.

Acetone Market Scenario

According to Data Bridge Market Research the market for acetone in Germany country has the highest market share followed by France and Russia and Market leader are Cepsa, Royal Dutch Shell plc., INEOS which accounts an estimated market share of approximately 35% to 38% in theEurope.

The company has gained outstanding sale through their wide range of acetone that have wide range of application in pharmaceutical sector. In July 2018, Cepsa had received Chemical Export Award for boosting exports in Spanish chemical sector which is also for the companies’ contribution towards the CSR. The award had helped in enhancing global presence as well as maximizes the goodwill of the business.

Europe Acetone Market

Trends Impacting the Market

Now the question is which other regions Cepsa, Royal Dutch Shell plc., INEOS are targeting? Data Bridge Market Research has forecasted a large growth in Germany and the market leaders are targeting France and Russia to be their next revenue pockets for 2020.

The acetone market is becoming more competitive every year with companies such as Cepsa, Royal Dutch Shell plc., INEOS as they are the market leaders for opaque polymers. The data bridge market research new reports highlight the major growth factors and opportunities in the acetone market.

For more analysis on the acetone market request for a briefing with our analysts

Acetone Market Development

  • In January 2019, INEOS company has announced acquisition of Lavéra Ethoxylation Plant which helps in operating the individuals from three INEOS sites. This update helps in increasing the customer base of the company and generates revenue of the business.

Scope of the Acetone Market

Europe acetone market is segmented on the basis of countries into the Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe.

  • All country based analysis of acetone market is further analyzed into three notable segments which are raw material, mode of transport and application. On the basis of raw material, the Europe acetone market is segmented into benzene and propylene. On the basis of mode of transport, the Europe acetone market is segmented into rail tank, truck, barge and deep sea vessel. On the basis of application, the Europe acetone market is segmented into bisphenol A (BPA), pharmaceuticals, acrylic plastic, artificial fibres and others.

To know more about the study

Key Pointers Covered in Acetone Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study
  • Supply Chain Competiveness
  • Value Chain Analysis

Key Market Competitors Covered in the Report

  • Cepsa
  • Royal Dutch Shell plc.
  • Honeywell International Inc.
  • Thermo Fisher Scientific Inc.
  • Mitsui & Co., Ltd.
  • Borealis AG.
  • Altivia.
  • Domo Chemicals
  • Mitsubishi Chemical Corporation (Subsidiary of Mitsubishi Chemical Holdings Corporation)

Above are the key players covered in the report, to know about more and exhaustive list of acetone companies, contact us

Research Methodology: Europe Acetone Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Paints Industry, Textile Industry, Personal Care Industry
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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