The Fact.MR new report on the market survey of Pharma Grade Acetone Derivatives gives estimations of the Size of Pharma Grade Acetone Derivatives Market and the overall Pharma Grade Acetone Derivatives Market share of key regional segments During Forecast Period.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Sales & Demand of Pharma Grade Acetone Derivatives, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies.
The latest market research report analyzes Pharma Grade Acetone Derivatives Market demand by Different segments. Providing business leaders with insights On Pharma Grade Acetone Derivatives And how they can increase their market share.
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Market Segments Covered in Acetone Derivatives Industry Research
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By Product Type
- Bisphenol A
- Diacetone Alcohol
- Methyl Methacrylate (MMA)
- Isophorone
- Methyl Isobutyl Ketone (MIBK)
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By Grade
- Chemical Grade Acetone Derivatives
- Food Grade Acetone Derivatives
- Pharma Grade Acetone Derivatives
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By Application
- Acetone Derivatives in Solvents
- Acetone Derivatives in Additives
- Acetone Derivatives in Intermediates
-
By End Use
- Acetone Derivatives for Paints & Coatings
- Acetone Derivatives for Cosmetics & Personal Care
- Acetone Derivatives for Pharmaceuticals
- Acetone Derivatives for Adhesives
- Acetone Derivatives for Chemicals
- Others
Key Takeaways from Market Study
- Bisphenol A, under product type, is projected to provide an absolute $ opportunity worth US$ 1.9 Bn over the next ten years.
- Demand for chemical grade acetone derivatives is projected to increase at a CAGR of around 6% over the forecast period.
- On the basis on end use, demand for paints & coatings is anticipated to expand 1.8X by 2031.
- East Asia is projected to capture around 32% share of the global acetone derivative market by 2031.
- South Asia & Oceania to gain market by 87 BPS over the period of 2021-2031.
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This report gives you access to decisive data such as:
- Demand of Pharma Grade Acetone Derivatives Market & Growth drivers
- Factors limiting Pharma Grade Acetone Derivatives market growth
- Current key trends of Pharma Grade Acetone Derivatives Market
- Market Size of Pharma Grade Acetone Derivatives and Pharma Grade Acetone Derivatives Sales projections for the coming years
The report also offers key trends of Pharma Grade Acetone Derivatives market and an in-depth analysis of how the projected growth factors will shape the Pharma Grade Acetone Derivatives market dynamics in the coming years of the forecast period.
Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Pharma Grade Acetone Derivatives Market that are developing the current market scenario and which will be lucrative for the future demand of Pharma Grade Acetone Derivatives Market.
Crucial insights in Pharma Grade Acetone Derivatives market research report:
- Underlying macro- and microeconomic factors impacting the Sales of Pharma Grade Acetone Derivatives market.
- Basic overview of the Pharma Grade Acetone Derivatives, including market definition, classification, and applications.
- Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend and supply side analysis of Pharma Grade Acetone Derivatives across various industries.
- Important regions and countries offering lucrative opportunities to market stakeholders.
The Demand of Pharma Grade Acetone Derivatives Market study includes the current market scenario on the global platform and also Sales of Pharma Grade Acetone Derivatives Market development during the forecast period.
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Competition Landscape: Top Acetone Derivative Companies
To expand their consumer base, acetone derivative manufacturers are opting for a mix of organic and inorganic growth strategies such as capacity expansion, acquisitions, and collaborations to help them garner more market share that would provide them the desired competitive advantage.
- In December 2020, Mitsubishi Chemical Corporation announced that it had acquired “green field” property on the Mississippi river, and plans to construct a 350KT MMA plant. The plant is to be constructed based on the company’s proven ALPHA technology.
- In March 2021 Lotte chemical announced that it will use Honeywell UOP Q-max, EVONIK MSHP, and Phenol 3G technologies to produce phenol and acetone derivatives. Through this technological engagement, Lotte chemicals aims at increasing its global production of phenol and acetone derivatives in order to raise its market position.
- In May 2021, Arkema announced divestment of its PMMA business to Trinseo. Following this divestment, Arkema aims at becoming a prominent player in the specialty material segment by 2024.
- In November 2019, ALTIVIA Ketones & Derivatives completed the acquisition of Dow’s acetone derivative business. This move by Altivia would ensure the expansion of its ketone & additives business by providing quality products to the end user segment.
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