Acetone Market Analysis

End-user (Pharmaceuticals Plastics, Construction, Paints & Coatings, Personal Care, Electricals & Electronics)

The global acetone market is segmented and analyzed for demand and supply by end-user into pharmaceuticals, plastics, construction, paints & coatings, personal care, and electrical & electronics. Out of these, the pharmaceuticals segment is anticipated to hold the largest market size by the end of 2037. Acetone is frequently utilized in the pharmaceutical industries as a solvent in fillers and active ingredients to guarantee proper dosage of medicine. Additionally, it is also used as a disinfectant and to clean and sterilize surgical tools and equipment. In the U.S. 48.6% of people used at least one prescription drug from 2019-2020.

Application (Methyl Methacrylate, Solvent, Bisphenol A)

The global acetone market is segmented and analyzed for demand and supply by application into the solvent, methyl methacrylate, and bisphenol A. Out of which, the methyl methacrylate segment is anticipated to hold the highest market share in the forecast period. This can be attributed owing to its demand in the automotive industry for manufacturing various car parts. Acetone is used to create methyl methacrylate and this later is used in auto glazing, exterior car coating, and also used in the production of various car parts such as windows, bulletproof glasses, car sunroofs, and taillights. Besides the automotive industry, MMA is widely used in the construction sector, especially in infrastructure and the development of roads and highways. In 2021, the number of roads, bridges, and highways constructed in China was 962 thousand.

Our in-depth analysis of the global market includes the following segments: