PUBLISHER: ChemAnalyst | PRODUCT CODE: 965977
PUBLISHER: ChemAnalyst | PRODUCT CODE: 965977
Germany Acetone market demand stood at 322.09 Thousand Tonnes in 2020 and is forecast to reach 444.57 Thousand Tonnes by 2030, growing at a healthy CAGR of 2.85% until 2030. Acetone consumption in Germany is showcasing commendable potential in the forecast period backed by the rising number of capital investments to manufacture its high valued derivatives like Bisphenol A, Methyl Methacrylate, and Isopropyl Alcohol supported by their high demand. Furthermore, the consistent surge in demand for Acetone as a supreme solvent owing to its reliable cost and ideal properties is expected to raise its preference significantly as a superior alternative over other available solvent substitutes in the forecast period. COVID-19 affected the Acetone market growth in Germany adversely due to restrictions imposed by the leading authorities and the market shut down. End-user industries faced a setback as the demand for the products declined as a result of the economic crisis. However, post COVID-19 period the market is expected to pick up the pace eventually.
Under this subscription, you would be able to access Germany 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
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
Deliverables
To extract data for the Germany 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.