Acetone Market to Grow at a CAGR of 3% through 2020 FMI | Page 3

Report
Description
Report Description
This future market Insights report examines the global acetone market for the period of 20142020. The primary objective of the report is to assess the market trends in acetone consumption
and production on the basis of end user industries. Day by day, acetone is becoming an integral
part of various chemicals owing to its soluble nature.
Acetone is an explosive, clear liquid with a sweet-smelling odour. It has gained importance in
various industries due its soluble properties. Acetone is derived by a process called as cumene
peroxidation, as a co-product with phenol. It is mainly used as intermediate in manufacturing of
other complex chemicals. Use of acetone as a solvent is also common practice across the
manufacturing industry.
The report starts with an overview & value chain of Acetone market, Acetone is mainly used in
production of methyl methacrylate (MMA) and Bisphynol- A (BPA). It is also used as a solvent in
manufacturing various chemicals. MMA due to its hardness and flexibility, is mainly used in
preparation of plastic sheets, in cosmetic industry to make your nails look better. MMA also find
medical uses in dentistry, as it is not harmful to skin in solid state,it’s used to make crown and
bridges. BPA acts as ingredient in manufacturing of polycarbonate resin and epoxy resin which
finds wide applications in eye lens glasses, medical equipment, water bottles etc.
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The next section of report covers Global Acetone market in terms of consumption by various
applications.Such as Use of Acetone in MMA, Use of Acetone to produce BPA and as a solvent
and other miscellaneous applications.