PUBLISHER: ChemAnalyst | PRODUCT CODE: 965974
PUBLISHER: ChemAnalyst | PRODUCT CODE: 965974
China Acetone market demand stood at 2150.44 Thousand Tonnes in 2020 and is forecast to reach 4220.19 Thousand Tonnes by 2030, growing at a healthy CAGR of 6.29% until 2030. Demand for Acetone in China is envisioned to grow notably in the forecast period, driven by its heavy requirement to produce its derivatives widely required across several end-use industries. With rapid development in the industrial sector in China, Acetone is likely to witness a commendable demand in the coming years on the anticipated increase in its utilization as an ideal and cost-effective solvent in industries like cosmetics, adhesives, paints, and coatings, chemical and petrochemical, pharmaceuticals, etc. However, after the coronavirus hit China, the Acetone market faced a negative setback as the major end-user industries were shut down to contain the spread of novel coronavirus.
Under this subscription, you would be able to access India Acetone market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Acetone.
Years Considered for Analysis:
Historical Years: 2015 - 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 - 2030
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Deliverables
To extract data for China Acetone market, the ChemAnalyst team conducts primary research surveys with Acetone manufacturers, suppliers, distributors, wholesalers, and customers followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.