Mercado Europeu de Acetona – Tendências da Indústria e Previsão para 2029

Análise e dimensão do mercado de acetona na Europa

O produto químico é amplamente utilizado como solvente para gorduras, óleos, ceras, resinas, borracha, plásticos, lacas, vernizes e cimentos de borracha e é também utilizado como intermediário na formação de Bisfenol-A (BPA), Metacrilato de Metilo (MMA) e Metil Isobutil Cetona (MIBK). Aumento da procura de diversas indústrias de utilizadores finais, como cuidados pessoais, produtos farmacêuticos, cosméticos, tintas e revestimentos, impulsionando o crescimento do mercado.

A Data Bridge Market Research analisa que o mercado da acetona estava a crescer a um valor de 1.631,13 milhões em 2021 e deverá atingir o valor de 2.560,79 milhões de dólares até 2029, com um CAGR de 5,8% no período de previsão . Para além dos insights sobre os cenários de mercado, tais como o valor de mercado, a taxa de crescimento, a segmentação, a cobertura geográfica e os grandes players, os relatórios de mercado com curadoria da Data Bridge Market Research incluem também análises especializadas aprofundadas, produção geograficamente representada pela empresa e capacidade, layouts de rede de distribuidores e parceiros, análise detalhada e atualizada das tendências de preços e análise do défice da cadeia de abastecimento e da procura.

Âmbito e segmentação do mercado europeu de acetona

Market Definition

Acetone is a colourless, volatile, flammable liquid that is commonly used as an industrial solvent. Acetone is an organic compound that is primarily produced as a by-product of phenol's reaction with benzene and propylene via the cumene hydro peroxide process. Acetone is primarily used as a feedstock for producing methyl methacrylate, Bisphenol A (BPA), and solvents. Acetone is widely used in a variety of industries, including pharmaceuticals, agricultural chemicals and paints, coatings, cosmetics and personal care, electronics, construction, automotive, and adhesives, all of which should contribute to industry growth.

Acetone Market Dynamics

Drivers

• Expansion in regions chemical and industrial sectors

Acetone demand in the Europe is driven by the paints and coatings, construction, and automotive industries. The rapid growth of these industries, owing to rising employment and disposable income, is expected to drive acetone demand. Due to the rising demand from various demographics and the presence of large corporations, the cosmetics and pharmaceutical industries have shown growth potential. Increasing investments in downstream facilities for the production of plastic resins, are expected to open up new growth avenues in the future. This trend is expected to result in significant industrialization, which will benefit the regional chemical industry.

• Ramping of production due to high demands

Due to the high demand for acetone, manufacturers have had to ramp up production. This increased production per year resulted in a price increase in 2017, and this trend is expected to continue throughout the forecast period. Another reason for rising operational costs is a stagnant profit margin. The high cost was also driven by a combination of factors, including increasing propylene prices and domestic supply regulations, particularly in developing countries.

Opportunities

• Intervention of plastic resins

The production of plastic resins is expected to open up new growth opportunities for the market in the future. As acetone is a solvent with high solubility, solvent-based paints and coatings dry faster than low-solvent paints, making them more preferable and potentially profitable for the paints and coatings segment. A significant increase in the production of sanitizers and disinfectants is also expected to be a key opportunity for market growth.

Restraints

• Flammability and toxicity

Acetone has a high flammability and low acute toxicity. These factors may be a detriment to the global acetone market because exposure to this liquid causes severe eye irritation and may cause drowsiness or dizziness. Another major factor expected to impede the growth of the global acetone market over the forecast period is the high price of acetone.

• Negative effects on human health

Due to the organic compound's high solubility in water, groundwater contamination may occur, resulting in environmental degradation that may have an impact on human health. The European Commission's increased regulations on BPA are likely to impede the growth of the acetone market, as it is a key ingredient in the production of polycarbonates and epoxy resins. Furthermore, the availability of substitutes and the increasing use of green solvents can stifle growth.

This acetone market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the acetone market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Europe Acetone Market Dynamics

The COVID-19 pandemic has weakened demand for acetone and its derivatives due to logistics, large-scale supply chain disruptions, and economic disruptions. Furthermore, due to temporary lockdown measures imposed by governments, chemical manufacturing plants' operations have negatively impacted the acetone market share. Furthermore, automotive production and construction delays cause a drop in polymers and plastics. As a result, the demand for industrial chemicals like BPA and MMA falls. With new opportunities, pharmaceutical manufacturers, the largest consumers of acetone, attempt to re-establish their market position. Furthermore, the increased demand for numerous drugs, medications, and hygiene products as a result of the pandemic increases the demand for acetone market share.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In August 2021, Brenntag, a solvents distributor and the largest distributor of acetone in North America, announced the acquisition of Matrix Chemical, LLC's business and all operating assets. In 2021, the company reported sales of more than USD200 million. The transaction closed and the acquisition was signed simultaneously.
• In March 2020, Mitsubishi Chemical began planning a 350,000 metric tonne per year MMA facility in the United States. This new plant, an alternative to the traditional acetone cyanohydrin process, is based on acetone and hydrogen cyanide.

Europe Acetone Market Scope

The acetone market is segmented on the basis of application, distribution channel, grade outlook and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Grade Outlook

• Specialty Grade
• Technical Grade

Application

• Methyl Methacrylate (MMA)

• Bisphenol A (BPA)
• Solvents

Distribution Channel

• Manufacturer to Distributor
• Manufacturer to End-User

End Use

• Cosmetics and Personal Care
• Electronics
• Construction
• Automotive
• Pharmaceutical
• Agricultural Chemicals
• Paints & Coatings
• Adhesives

Acetone Market Regional Analysis/Insights

The acetone market is analysed and market size insights and trends are provided by country, application, distribution channel, grade outlook and end use as referenced above.

The countries covered in the acetone market report are Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.

Germany dominates the European acetone market due to its easy availability and reasonable prices in the region. France is the market leader due to rising acetone demand in the textile industry. And Russia is dominating the market due to increased production of benzene, a market raw material.

A secção do país do relatório também fornece fatores individuais de impacto no mercado e alterações na regulamentação do mercado que impactam as tendências atuais e futuras do mercado. Pontos de dados como a análise da cadeia de valor a jusante e a montante, tendências técnicas e análise das cinco forças de Porter, estudos de caso são alguns dos indicadores utilizados para prever o cenário de mercado para países individuais. Além disso, são considerados a presença e disponibilidade de marcas europeias e os desafios enfrentados devido à grande ou escassa concorrência de marcas locais e nacionais, o impacto das tarifas nacionais e das rotas comerciais, ao mesmo tempo que se fornece uma análise de previsão dos dados do país.   

Análise do cenário competitivo e da quota de mercado da acetona

O panorama competitivo do mercado da acetona fornece detalhes por concorrente. Os detalhes incluídos são a visão geral da empresa, finanças da empresa, receitas geradas, potencial de mercado, investimento em investigação e desenvolvimento, novas iniciativas de mercado, presença na Europa, localizações e instalações de produção, capacidades de produção, pontos fortes e fracos da empresa, lançamento de produto, largura e amplitude do produto, aplicação domínio. Os dados fornecidos acima estão apenas relacionados com o foco das empresas relacionado com o mercado da acetona.

Alguns dos principais players que operam no mercado da acetona são:

• ExxonMobil Corporation (EUA)
• Reliance Industries Limited (Índia)
• Marathon Petroleum Corporation (EUA)
• Dupont (EUA)
• PJSC Lukoil Oil Company (Rússia)
• Valero (EUA)
• Concha (Reino Unido)
• Chevron Corporation (EUA)
• Honeywell International Inc.
• Janex SA (Suíça)
• SOLVAY (Bélgica)
• Neste (Finlândia)
• Soltex Inc.
• Hengyi Industries Sdn Bhd (Malásia)
• BASF SE (Alemanha)
• Ashland Inc., (EUA)
• Adrol (EUA)
• Koch Engineering Solutions (EUA)
• A Cosmique Unip. Lda. (Índia)

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