The writer brings years of analysis expertise to the sixth version of this report. The 188-page report presents concise insights into how the pandemic has impacted manufacturing and the purchase facet for 2020 and 2021. A brief-term phased restoration by key geography can also be addressed.
Global Acetone Market to Reach 7.3 Million Tons by 2027
Amid the COVID-19 disaster, the worldwide marketplace for Acetone estimated at 6.9 Million Tons within the 12 months 2020, is projected to achieve a revised dimension of seven.3 Million Tons by 2027, rising at a CAGR of 0.9% over the evaluation interval 2020-2027.
Solvent, one of many segments analyzed within the report, is projected to report a 0.6% CAGR and attain 2.5 Million Tons by the tip of the evaluation interval. After an early evaluation of the enterprise implications of the pandemic and its induced financial disaster, development within the Methyl Methacrylate phase is readjusted to a revised 0.9% CAGR for the following 7-year interval.
The U.S. Market is Estimated at 1.9 Million Tons, While China is Forecast to Grow at 1.9% CAGR
The Acetone market within the U.S. is estimated at 1.9 Million Tons within the 12 months 2020. China, the world`s second largest economic system, is forecast to achieve a projected market dimension of 1.3 Million Tons by the 12 months 2027 trailing a CAGR of 1.9% over the evaluation interval 2020 to 2027. Among the opposite noteworthy geographic markets are Japan and Canada, every forecast to develop at -0.2% and 0.6% respectively over the 2020-2027 interval. Within Europe, Germany is forecast to develop at roughly 0.1% CAGR.
Bisphenol-A Segment to Record 1.5% CAGR
In the worldwide Bisphenol-A phase, USA, Canada, Japan, China and Europe will drive the 1.2% CAGR estimated for this phase. These regional markets accounting for a mixed market dimension of 1.5 Million Tons within the 12 months 2020 will attain a projected dimension of 1.6 Million Tons by the shut of the evaluation interval. China will stay among the many quickest rising on this cluster of regional markets. Led by international locations similar to Australia, India, and South Korea, the market in Asia-Pacific is forecast to achieve 951.6 Thousand Tons by the 12 months 2027, whereas Latin America will develop at a 2.2% CAGR by way of the evaluation interval.
Competitors recognized on this market embrace, amongst others:
- BASF SE
- Borealis AG
- Compania Espanola de Petroleos SA
- DowDuPont, Inc.
- Formosa Chemicals & Fibre Corporation
- Green Biologics Ltd.
- Honeywell International, Inc.
- INEOS Phenol
- Kumho P&B Chemicals, Inc.
- LCY Chemical Corp.
- LG Chem Ltd.
- Mitsui Chemicals, Inc.
- Prasol Chemicals Pvt. Ltd.
- PTT Phenol Company Limited
- Reliance Industries Limited
- Royal Dutch Shell plc
- SINOPEC Beijing Yanshan Company
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Acetone Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Total Companies Profiled: 44
For extra details about this report go to https://www.researchandmarkets.com/r/kjcw2q