Acetone Market Analysis, Future Growth Developments, Impact of Covid-19, Report Size, Overview and Forecast to 2030
Market Overview: Acetone is a clear, colorless, and volatile fluid with a sweet aroma. The major route for production acetone is by cumene peroxidation where phenol is obtained as a secondary product. The major application of acetone is in the production of acetone cyanohydrin for methyl methacrylate (MMA), bisphenol A (BPA). The other applications include heavy metal degreaser, cleaning tools and chemical peeling in pharmaceuticals, personal care, paints & coatings, plastics and construction end use industries. Acetone has characteristics such as high solvency and a high rate of evaporation which enable them to find their application in many everyday products including paints, cleaning fluids, nail polish remover, and adhesives In the present scenario, direct solvent applications have a higher share in the global Acetone Market Analysis . MMA is having the second highest global market share followed by bisphenol A. The largest end use for MMA is PMMA (polymethyl methacrylat