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Research Reports Search Engine (MRRSE) announces the addition of a new report titled ‘ Acetone Market: Global Industry Analysis and Opportunity Assessment, 2014–2020’ to its database. The report finds that global acetone consumption stood at 5.9 million tonnes in 2014, and is poised to grow at a meager 3% CAGR from 2014 to 2020 to reach a little over 7.21 million tonnes by 2020. The report has been published by Future Market Insights (FMI). Global Acetone Market Analysis Forecast: The key drivers identified by the study are: The chemical sector’s dependence on acetone as a solvent, the use of acetone as a chemical in several processes, and the escalating use of BPA in the global automobile sector. On the other hand, the report warns that hurdles such as increasingly stringent government mandates for the chemical industry and the growing acceptance of bio-based acetone will restrict growth to some degree. In order to offer highly detailed insights into various face...

Bisphenol - A (BPA), Methyl methacrylate (MMA), and solvent are the main application markets for acetone. In 2014, MMA and BPA jointly held around 59.4% of the total consumption of acetone, in which the share of MMA was 28.3%. The increased usage of acetone in household and personal care products is likely to propel the global acetone industry by 2020. Browse Full Report With TOC: http://www.mrrse.com/reports/acetone-market the market for acetone in Asia Pacific led the global market holding 41% of overall consumption. This region is anticipated to maintain its dominance till 2020, recording a CAGR of 6.2% between 2014 and 2020. North America held 21% share of overall acetone consumption in 2014 and Latin America is likely to showcase a compound annual growth rate of 5.4% over the period of the forecast. The increased demand from end-use industries such as cosmetics and electronics is the main driving force behind the growth of the global market for acetone. The in...