ACETONE MARKET

INTRODUCTION TOACETONE MARKET

The organic substance acetone has the chemical formula (CH3)2CO. It is a volatile liquid that is colorless and miscible with water. The most basic and significant ketone is acetone.

Acetone is a substance with several applications and is frequently present in household goods including nail polish remover, paint thinners, and cleaning solutions. Additionally, it serves as a solvent in the production of medications, textiles, and plastics. Acetone is also used as a fuel additive and a reagent in laboratories.

In the human body, acetone is created and eliminated by routine metabolic activities. It typically appears in both blood and urine. It is produced in greater quantities by people with diabetic ketoacidosis. Children with refractory epilepsy are treated with ketogenic diets that raise blood levels of ketone bodies (acetone, -hydroxybutyric acid, and acetoacetic acid).

This molecule is produced by your body when it breaks down fat.Numerous fats and resins, as well as cellulose ethers, cellulose acetate, nitrocellulose, and other cellulose esters, can all be dissolved by acetone. Acetone is widely utilized in the production of explosives and synthetic fibers (like some rayons) due to the latter property.

Acetone is a substance that is highly combustible and has a distinct, fruity smell. It disintegrates numerous compounds, including oils, greases, resins, and some polymers, and it evaporates swiftly. Acetone is a versatile chemical with these properties that can be used in a variety of industrial and consumer applications. However, because to its flammability and potential health risks from extended exposure, it is crucial to handle acetone carefully. 

ACETONE MARKET SIZE AND FORECAST

The Global Acetone Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

ACETONE MARKETNEW PRODUCT LAUNCH

Acetone alphamethylstyrene (AMS), the first product line for phenol that INEOS Phenol has bio-attributed, has been introduced. These items, which are produced without the use of fossil fuels as a feedstock, will be marketed under the INVIRIDIS name. They represent innovation in the global phenol market and provide phenol, acetone, or AMS with a more environmentally friendly and sustainable substitute.

In a variety of industries, mass balance is a crucial instrument for lowering the dependency on feedstock derived from fossil fuels. In actuality, it permits the blending of recycled and renewable resources with conventional feedstock to produce a product with a smaller carbon footprint. It is acknowledged as an essential step toward achieving a fully circular economy.

a variety of industry sectors, including highly specialized end-uses like automotive, building and home improvement, electronics, and healthcare, INVIRIDIS is anticipated to have a wide range of value-added applications. INVIRIDIS is produced at INEOS Phenol facilities in Gladbeck, Germany, and Antwerp, Belgium, and uses bio-attributed cumene to replace fossil fuel resources.

Compared to phenol, acetone, and AMS generated conventionally, INVIRIDIS provides a lower carbon footprint. In industries like automotive, construction, home renovation, electronics, and healthcare, phenol and acetone derivatives are crucial.

Revel Nail, a firm that specializes in nail dip powders, is pleased to announce the release of their brand-new, non-whitening acetone.Revel Nail has introduced new, 16-ounce non-whitening acetone bottles as part of its line. The newest acetone bottles from Revel Nail come equipped with a cap and an additional seal to prevent leaks.

Your dip powder manicure can be removed with non-whitening acetone without drying up the skin.Prodcts like paint and nail polish remover are made from acetone, a chemical.

The world's first bio-based acetone nail polish remover has officially launched, according to Green Biologics, Inc. The first retailer to sell the sustainably made nail polish remover is Sally Beauty Supply LLC, which has more than 3000 locations across the US. The item is the result of a partnership between Green Biologics and Marianna Industries, a renowned creator and producer of beauty products, and is marketed under the Sally Beauty "Beauty Secrets" line.

 Green Biologics, Inc. is a division of Green Biologics Ltd, an Abingdon-based manufacturer of renewable specialty chemicals with headquarters in the UK. The business has created a Clostridium fermentation platform that produces high-performance green chemicals like n-butanol and acetone as well as derivatives of n-butanol and acetone through chemical synthesis.

Chemistry of isophorone Evonik has continued to create a range of isophorone-based products as it looks for new ways to reuse acetone. Since developing isophorone chemistry while looking for fresh approaches to recycle acetone. Another significant development for the chemical industry has come from Evonik: the first sustainable isophorone products created from just renewable acetone.

Without the need for additional product approvals, drop-in solutions offer the same great product performance. Mass balance accounting that has been independently approved makes production processes more cost-effective. More ecological solvents, composites, and coatings are made possible by the new eCO series, which also reduces CO2 emissions.

The new VESTA eCO grades are intended to be utilized as sustainable raw materials in the manufacturing of paints, lacquers, and binders for contemporary coating systems due to their mechanical strength, durability, chemical resistance, great adhesion, and reduced CO2 emissions.

They can also be used to create high-performance composite materials for wind turbine rotor blades or for interior automotive trim and instrument panels using the most recent chemical synthesis techniques.

ACETONE MARKETCOMPANY PROFILE

• Westlake Chemical
• Dow Chemical
• Sunoco
• Chirag Orgo Chem.
• Rex International

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS OFACETONE MARKET

1. How many Acetone are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Acetone and key vendor selection criteria
3. Where is the Acetone manufactured? What is the average margin per unit?
4. Market share of Global Acetone market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Acetone in-house
6. key predictions for next 5 years in Global Acetone market
7. Average B-2-B Acetone market price in all segments
8. Latest trends in Acetone market, by every market segment
9. The market size (both volume and value) of the Acetone market in 2024-2030 and every year in between?
10. Production breakup of Acetone market, by suppliers and their OEM relationship