Europe Acetone Market, By Raw Material (Benzene and Propylene), Mode of Transport (Rail Tank, Truck, Barge and Deep Sea Vessel), Application (Bisphenol A (BPA), Pharmaceuticals, Acrylic Plastic, Artificial Fibres and Others), Country (Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe) Industry Trends and Forecast to 2027
Market Analysis and Insights: Europe Acetone Market
Acetone market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.3% in the forecast period of 2020 to 2027 and expected to reach USD 2,282,344.96 Thousand by 2027.
Growing use of acetone as a fuel additive to increase efficiency which increase the demand of acetone are the factors for the market growth. Europe region is dominating in various countries such as Germany and France to increasing demand of the acetone in the textile industry which boosts the demand of acetone.
Acetone refer to the synthetic agent that is colourless as well as volatile in nature along with wide range of flammable properties that helps in improving the bonding and various other properties in paints, pharmaceuticals, bisphenol A (BPA) and several other sectors. Acetone can be implemented as best solvent at several places The Acetone are available with high amount of UV resistance properties. The Acetone is applicable wide range of manufacturing processes in the industrial sectors as well as in various industrial activities.
This acetone market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Acetone Market Scope and Market Size
Europe acetone market is segmented on the basis of raw material, mode of transport and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of raw material, the Europe acetone market is segmented into benzene and propylene. In Europe, benzene is dominating because of the large amount of the bonding properties which has increased prevalence among consumers in the market.
- On the basis of mode of transport, the Europe acetone market is segmented into rail tank, truck, barge and deep sea vessel. In Europe, the demand of rail tank has been growing very rapidly because of the large amount of convenience along with proper safety.
- On the basis of application, the Europe acetone market is segmented into bisphenol A (BPA), pharmaceuticals, acrylic plastic, artificial fibres and others. In Europe, the demand of bisphenol a (BPA) has been growing because of the large amount of performance benefits that maximises usage in end-users.
Acetone Market Country Level Analysis
Europe market is analysed and market size information is provided by country raw material, mode of transport and application as referenced above.
Germany is dominating the Europe acetone market due to easy availability as well as at reasonable rates in the region. France is dominating the market due to increasing demand of acetone in the textile industry. And Russia is dominating the market due to increasing production of benzene which is a raw material for the market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Use of Acetone for Environmental Clean-up Especially Oil Spills in Sea
Europe acetone market also provides you with detailed market analysis for every country growth in installed base of different kind of products for acetone market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the Acetone market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Acetone Market Share Analysis
Europe acetone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Europe acetone market.
The major players covered in the report are Cepsa, Royal Dutch Shell plc., INEOS, SABIC, Honeywell International Inc., Thermo Fisher Scientific Inc., Mitsui & Co., Ltd., Borealis AG., Altivia., Domo Chemicals, Mitsubishi Chemical Corporation (Subsidiary of Mitsubishi Chemical Holdings Corporation), among other players, domestic and global. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
- In May 2020, Honeywell International Inc had attended Goldman Sachs Industrials and Materials Conference which is organised virtually by the individuals. The conference helps the company to increase their production line and generates revenue of the business in the future.
Customization Available: Europe Acetone Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.