The Europe Acetone Market would witness market growth of 6.8% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 629.7 Kilo Tonnes, showcasing a growth of 4.9% (2019-2022).
The increasing industrialization in emerging economies has increased the demand for acetone. As these economies rapidly develop, the need for acetone in diverse industrial applications is increasing. Ongoing research and development efforts aim to improve the efficiency and sustainability of acetone production processes. Advanced technologies, including catalytic methods and novel reactor designs, are being explored to enhance production capabilities.
One of the noteworthy innovations is the development of bio-based acetone. Researchers and companies are exploring using renewable resources, such as biomass and waste products, as feedstocks for acetone production, reducing dependence on fossil fuels. Advancements in catalytic processes for acetone synthesis have led to more efficient and selective production methods. Catalysts play a crucial role in enhancing the yield and minimizing by-products, contributing to the overall sustainability of the acetone production process.
Acetone is a common solvent used in producing various chemicals and pharmaceuticals in France. France has a significant chemical industry, and the demand for acetone in these sectors can be influenced by factors such as production needs and research and development activities. Acetone is commonly used for cleaning and maintenance purposes in various industries in France. Different sectors' maintenance practices and industrial cleaning needs may influence the adoption of acetone in France. Due to the above-mentioned factors, the market will grow significantly in this region.
The Germany market dominated the Europe Acetone Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $409.9 Million by 2030. The Russia market is registering a CAGR of 6.4% during (2023 - 2030). Additionally, The UK market would showcase a CAGR of 6.6% during (2023 - 2030).
Based on Application, the market is segmented into Solvents, Bisphenol A, Methyl Methacrylate, and Others. Based on Grade, the market is segmented into Technical Grade, and Specialty Grade. Based on countries, the market is segmented into Germany, Russia, UK, France, Italy, Netherlands, and Rest of Europe.
Free Valuable Insights: The Global Acetone Market will Hit USD 9.6 Billion by 2030, at a CAGR of 7.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include INEOS Group Holdings S.A., Shell plc, Honeywell International, Inc., Mitsui Chemicals, Inc., SABIC (Saudi Arabian Oil Company), Arkema S.A., Solvay SA, Domo Chemicals GmbH, Cepsa Química, S.A. (CEPSA) and Kumho P&B Chemicals., Inc (Kumho Petrochemical Group).
Scope of the Study
Market Segments Covered in the Report:
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Solvents
- Bisphenol A
- Methyl Methacrylate
- Others
By Grade (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Technical Grade
- Specialty Grade
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Germany
- Russia
- UK
- France
- Italy
- Netherlands
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- INEOS Group Holdings S.A.
- Shell plc
- Honeywell International, Inc.
- Mitsui Chemicals, Inc.
- SABIC (Saudi Arabian Oil Company)
- Arkema S.A.
- Solvay SA
- Domo Chemicals GmbH
- Cepsa Química, S.A. (CEPSA)
- Kumho P&B Chemicals., Inc (Kumho Petrochemical Group)
TABLE 1 Europe Acetone Market, 2019 - 2022, USD Million
TABLE 2 Europe Acetone Market, 2023 - 2030, USD Million
TABLE 3 Europe Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 4 Europe Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 5 Europe Acetone Market by Application, 2019 - 2022, USD Million
TABLE 6 Europe Acetone Market by Application, 2023 - 2030, USD Million
TABLE 7 Europe Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 Europe Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 Europe Solvents Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Solvents Market by Country, 2023 - 2030, USD Million
TABLE 11 Europe Solvents Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 Europe Solvents Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 Europe Bisphenol A Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Bisphenol A Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Bisphenol A Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 Europe Bisphenol A Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 Europe Methyl Methacrylate Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Methyl Methacrylate Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Methyl Methacrylate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 Europe Methyl Methacrylate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 Europe Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 Europe Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 26 Europe Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 27 Europe Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 28 Europe Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 29 Europe Technical Grade Market by Country, 2019 - 2022, USD Million
TABLE 30 Europe Technical Grade Market by Country, 2023 - 2030, USD Million
TABLE 31 Europe Technical Grade Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 Europe Technical Grade Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 Europe Specialty Grade Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Specialty Grade Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Specialty Grade Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 Europe Specialty Grade Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 Europe Acetone Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Acetone Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Acetone Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 Europe Acetone Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Germany Acetone Market, 2019 - 2022, USD Million
TABLE 42 Germany Acetone Market, 2023 - 2030, USD Million
TABLE 43 Germany Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 44 Germany Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 45 Germany Acetone Market by Application, 2019 - 2022, USD Million
TABLE 46 Germany Acetone Market by Application, 2023 - 2030, USD Million
TABLE 47 Germany Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 48 Germany Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 49 Germany Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 50 Germany Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 51 Germany Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 52 Germany Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 53 Russia Acetone Market, 2019 - 2022, USD Million
TABLE 54 Russia Acetone Market, 2023 - 2030, USD Million
TABLE 55 Russia Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Russia Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Russia Acetone Market by Application, 2019 - 2022, USD Million
TABLE 58 Russia Acetone Market by Application, 2023 - 2030, USD Million
TABLE 59 Russia Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Russia Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 Russia Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 62 Russia Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 63 Russia Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 64 Russia Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 65 UK Acetone Market, 2019 - 2022, USD Million
TABLE 66 UK Acetone Market, 2023 - 2030, USD Million
TABLE 67 UK Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 68 UK Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 69 UK Acetone Market by Application, 2019 - 2022, USD Million
TABLE 70 UK Acetone Market by Application, 2023 - 2030, USD Million
TABLE 71 UK Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 UK Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 UK Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 74 UK Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 75 UK Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 76 UK Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 77 France Acetone Market, 2019 - 2022, USD Million
TABLE 78 France Acetone Market, 2023 - 2030, USD Million
TABLE 79 France Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 80 France Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 81 France Acetone Market by Application, 2019 - 2022, USD Million
TABLE 82 France Acetone Market by Application, 2023 - 2030, USD Million
TABLE 83 France Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 France Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 France Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 86 France Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 87 France Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 88 France Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 89 Italy Acetone Market, 2019 - 2022, USD Million
TABLE 90 Italy Acetone Market, 2023 - 2030, USD Million
TABLE 91 Italy Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Italy Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Italy Acetone Market by Application, 2019 - 2022, USD Million
TABLE 94 Italy Acetone Market by Application, 2023 - 2030, USD Million
TABLE 95 Italy Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 Italy Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 Italy Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 98 Italy Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 99 Italy Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 100 Italy Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 101 Netherlands Acetone Market, 2019 - 2022, USD Million
TABLE 102 Netherlands Acetone Market, 2023 - 2030, USD Million
TABLE 103 Netherlands Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Netherlands Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Netherlands Acetone Market by Application, 2019 - 2022, USD Million
TABLE 106 Netherlands Acetone Market by Application, 2023 - 2030, USD Million
TABLE 107 Netherlands Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 Netherlands Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 Netherlands Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 110 Netherlands Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 111 Netherlands Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 112 Netherlands Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of Europe Acetone Market, 2019 - 2022, USD Million
TABLE 114 Rest of Europe Acetone Market, 2023 - 2030, USD Million
TABLE 115 Rest of Europe Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of Europe Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of Europe Acetone Market by Application, 2019 - 2022, USD Million
TABLE 118 Rest of Europe Acetone Market by Application, 2023 - 2030, USD Million
TABLE 119 Rest of Europe Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of Europe Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of Europe Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 122 Rest of Europe Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 123 Rest of Europe Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of Europe Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 125 Key Information - INEOS Group Holdings S.A.
TABLE 126 Key Information - Shell plc
TABLE 127 Key Information - Honeywell International, Inc.
TABLE 128 Key Information - Mitsui Chemicals, Inc.
TABLE 129 Key Information - SABIC
TABLE 130 Key information - Arkema S.A.
TABLE 131 Key Information - Solvay SA
TABLE 132 Key Information - Domo chemicals gmbh
TABLE 133 Key Information - CEPSA QUÍMICA, S.A.
TABLE 134 Key Information - Kumho P&B Chemicals., Inc
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Acetone Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Acetone Market
FIG 4 Porter's Five Force Analysis: Acetone Market
FIG 5 Europe Acetone Market share by Application, 2022
FIG 6 Europe Acetone Market share by Application, 2030
FIG 7 Europe Acetone Market by Application, 2019 - 2030, USD Million
FIG 8 Europe Acetone Market share by Grade, 2022
FIG 9 Europe Acetone Market share by Grade, 2030
FIG 10 Europe Acetone Market by Grade, 2019 - 2030, USD Million
FIG 11 Europe Acetone Market share by Country, 2022
FIG 12 Europe Acetone Market share by Country, 2030
FIG 13 Europe Acetone Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: INEOS GROUP HOLDINGS S.A.
FIG 15 SWOT Analysis: Shell plc
FIG 16 SWOT Analysis: Honeywell international, inc.
FIG 17 SWOT Analysis: Mitsui Chemicals, Inc.
FIG 18 SWOT Analysis: SABIC
FIG 19 SWOT Analysis: Arkema S.A.
FIG 20 SWOT Analysis: Solvay SA
FIG 21 SWOT Analysis: Domo chemicals gmbh
FIG 22 SWOT Analysis: CEPSA QUÍMICA, S.A.
FIG 23 SWOT Analysis: Kumho P&B Chemicals., Inc