LAMEA Acetone Market Size, Share & Industry Trends Analysis Report By Application (Solvents, Bisphenol A, Methyl Methacrylate, and Others), By Grade (Technical Grade, and Specialty Grade), By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Acetone Market would witness market growth of 10.5% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 601.9 Kilo Tonnes, showcasing a growth of 9.7% (2023-2030).

Acetone, alternatively referred to as propanone, is a colorless liquid organic compound. Bisphenol-A (BPA), aldol compound, and methyl methacrylate (MMA) are chemical intermediates synthesizing acetone. Acetone is used in the chemical industry to reduce the stickiness of silk, remove grease from wool, and provide protective coatings for cars and furniture. It is widely employed in industrial processes due to its rapid evaporation into the air and ability to readily combine with water.

Acetone is a vital solvent in producing various chemicals, resins, and pharmaceuticals. Its ability to dissolve many substances makes it indispensable in chemical processes. The paints and coatings industry extensively utilizes acetone as a solvent for formulations. Its fast evaporation rate and effectiveness in dissolving various resins contribute to its widespread use in this sector. Acetone is a key component in the production of polycarbonates and other plastics. Its role in synthesizing polymer materials is crucial, contributing to their lightweight and durable characteristics.

Acetone's cleaning properties make it valuable for cleaning automotive parts and components in Saudi Arabia. The growth of the automotive industry in Saudi Arabia may lead to an increased demand for acetone in processes related to parts cleaning. According to the International Trade Administration, in 2020, Saudi Arabia accounted for nearly 52% of all vehicles sold in the Gulf Cooperation Council (GCC) and 35% in the MENA region. In Saudi Arabia, 556,000 vehicles were sold in 2019 and 436,000 in 2020. Sales are anticipated to reach 543,000 units by 2025, with only 32,000 units being electric vehicles. The factors mentioned above will drive the regional market growth.

The Brazil market dominated the LAMEA Acetone Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $241.9 Million by 2030. The Argentina market is experiencing a witness a CAGR of 9.8% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 11.3% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Acetone Market is Projected to reach 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)

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

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)

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Acetone Market, by Application
1.4.2 LAMEA Acetone Market, by Grade
1.4.3 LAMEA Acetone Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter's Five Force Analysis

Chapter 4. LAMEA Acetone Market by Application
4.1 LAMEA Solvents Market by Country
4.2 LAMEA Bisphenol A Market by Country
4.3 LAMEA Methyl Methacrylate Market by Country
4.4 LAMEA Others Market by Country

Chapter 5. LAMEA Acetone Market by Grade
5.1 LAMEA Technical Grade Market by Country
5.2 LAMEA Specialty Grade Market by Country

Chapter 6. LAMEA Acetone Market by Country
6.1 Brazil Acetone Market
6.1.1 Brazil Acetone Market by Application
6.1.2 Brazil Acetone Market by Grade
6.2 Argentina Acetone Market
6.2.1 Argentina Acetone Market by Application
6.2.2 Argentina Acetone Market by Grade
6.3 UAE Acetone Market
6.3.1 UAE Acetone Market by Application
6.3.2 UAE Acetone Market by Grade
6.4 Saudi Arabia Acetone Market
6.4.1 Saudi Arabia Acetone Market by Application
6.4.2 Saudi Arabia Acetone Market by Grade
6.5 South Africa Acetone Market
6.5.1 South Africa Acetone Market by Application
6.5.2 South Africa Acetone Market by Grade
6.6 Nigeria Acetone Market
6.6.1 Nigeria Acetone Market by Application
6.6.2 Nigeria Acetone Market by Grade
6.7 Rest of LAMEA Acetone Market
6.7.1 Rest of LAMEA Acetone Market by Application
6.7.2 Rest of LAMEA Acetone Market by Grade

Chapter 7. Company Profiles
7.1 INEOS Group Holdings S.A.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Recent strategies and developments:
7.1.4.1 Product Launches and Product Expansions:
7.1.5 SWOT Analysis
7.2 Shell plc
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Honeywell International, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Mitsui Chemicals, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 SABIC (Saudi Arabian Oil Company)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 SWOT Analysis
7.6 Arkema S.A.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Acquisition and Mergers:
7.6.5 SWOT Analysis
7.7 Solvay SA
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 SWOT Analysis
7.8 Domo Chemicals GmbH
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Cepsa QuÍmica, S.A. (CEPSA)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Recent strategies and developments:
7.9.4.1 Product Launches and Product Expansions:
7.9.5 SWOT Analysis
7.10. Kumho P&B Chemicals., Inc (Kumho Petrochemical Group)
7.10.1 Company Overview
7.10.2 SWOT Analysis

TABLE 1 LAMEA Acetone Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Acetone Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Acetone Market by Application, 2019 - 2022, USD Million
TABLE 6 LAMEA Acetone Market by Application, 2023 - 2030, USD Million
TABLE 7 LAMEA Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Solvents Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Solvents Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Solvents Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Solvents Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Bisphenol A Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Bisphenol A Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Bisphenol A Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Bisphenol A Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Methyl Methacrylate Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Methyl Methacrylate Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Methyl Methacrylate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Methyl Methacrylate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 26 LAMEA Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 27 LAMEA Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Technical Grade Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Technical Grade Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Technical Grade Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Technical Grade Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 LAMEA Specialty Grade Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Specialty Grade Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Specialty Grade Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 LAMEA Specialty Grade Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 LAMEA Acetone Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Acetone Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Acetone Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 LAMEA Acetone Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 Brazil Acetone Market, 2019 - 2022, USD Million
TABLE 42 Brazil Acetone Market, 2023 - 2030, USD Million
TABLE 43 Brazil Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 44 Brazil Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 45 Brazil Acetone Market by Application, 2019 - 2022, USD Million
TABLE 46 Brazil Acetone Market by Application, 2023 - 2030, USD Million
TABLE 47 Brazil Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 48 Brazil Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 49 Brazil Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 50 Brazil Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 51 Brazil Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 52 Brazil Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 53 Argentina Acetone Market, 2019 - 2022, USD Million
TABLE 54 Argentina Acetone Market, 2023 - 2030, USD Million
TABLE 55 Argentina Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 56 Argentina Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 57 Argentina Acetone Market by Application, 2019 - 2022, USD Million
TABLE 58 Argentina Acetone Market by Application, 2023 - 2030, USD Million
TABLE 59 Argentina Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 60 Argentina Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 61 Argentina Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 62 Argentina Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 63 Argentina Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 64 Argentina Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 65 UAE Acetone Market, 2019 - 2022, USD Million
TABLE 66 UAE Acetone Market, 2023 - 2030, USD Million
TABLE 67 UAE Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 68 UAE Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 69 UAE Acetone Market by Application, 2019 - 2022, USD Million
TABLE 70 UAE Acetone Market by Application, 2023 - 2030, USD Million
TABLE 71 UAE Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 72 UAE Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 73 UAE Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 74 UAE Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 75 UAE Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 76 UAE Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 77 Saudi Arabia Acetone Market, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia Acetone Market, 2023 - 2030, USD Million
TABLE 79 Saudi Arabia Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Saudi Arabia Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Saudi Arabia Acetone Market by Application, 2019 - 2022, USD Million
TABLE 82 Saudi Arabia Acetone Market by Application, 2023 - 2030, USD Million
TABLE 83 Saudi Arabia Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 84 Saudi Arabia Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 85 Saudi Arabia Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 86 Saudi Arabia Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 87 Saudi Arabia Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 88 Saudi Arabia Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 89 South Africa Acetone Market, 2019 - 2022, USD Million
TABLE 90 South Africa Acetone Market, 2023 - 2030, USD Million
TABLE 91 South Africa Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 92 South Africa Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 93 South Africa Acetone Market by Application, 2019 - 2022, USD Million
TABLE 94 South Africa Acetone Market by Application, 2023 - 2030, USD Million
TABLE 95 South Africa Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 96 South Africa Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 97 South Africa Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 98 South Africa Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 99 South Africa Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 100 South Africa Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 101 Nigeria Acetone Market, 2019 - 2022, USD Million
TABLE 102 Nigeria Acetone Market, 2023 - 2030, USD Million
TABLE 103 Nigeria Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 104 Nigeria Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 105 Nigeria Acetone Market by Application, 2019 - 2022, USD Million
TABLE 106 Nigeria Acetone Market by Application, 2023 - 2030, USD Million
TABLE 107 Nigeria Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 108 Nigeria Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 109 Nigeria Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 110 Nigeria Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 111 Nigeria Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 112 Nigeria Acetone Market by Grade, 2023 - 2030, Kilo Tonnes
TABLE 113 Rest of LAMEA Acetone Market, 2019 - 2022, USD Million
TABLE 114 Rest of LAMEA Acetone Market, 2023 - 2030, USD Million
TABLE 115 Rest of LAMEA Acetone Market, 2019 - 2022, Kilo Tonnes
TABLE 116 Rest of LAMEA Acetone Market, 2023 - 2030, Kilo Tonnes
TABLE 117 Rest of LAMEA Acetone Market by Application, 2019 - 2022, USD Million
TABLE 118 Rest of LAMEA Acetone Market by Application, 2023 - 2030, USD Million
TABLE 119 Rest of LAMEA Acetone Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 120 Rest of LAMEA Acetone Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 121 Rest of LAMEA Acetone Market by Grade, 2019 - 2022, USD Million
TABLE 122 Rest of LAMEA Acetone Market by Grade, 2023 - 2030, USD Million
TABLE 123 Rest of LAMEA Acetone Market by Grade, 2019 - 2022, Kilo Tonnes
TABLE 124 Rest of LAMEA 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 LAMEA Acetone Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Acetone Market
FIG 4 Porter's Five Force Analysis: Acetone Market
FIG 5 LAMEA Acetone Market share by Application, 2022
FIG 6 LAMEA Acetone Market share by Application, 2030
FIG 7 LAMEA Acetone Market by Application, 2019 - 2030, USD Million
FIG 8 LAMEA Acetone Market share by Grade, 2022
FIG 9 LAMEA Acetone Market share by Grade, 2030
FIG 10 LAMEA Acetone Market by Grade, 2019 - 2030, USD Million
FIG 11 LAMEA Acetone Market share by Country, 2022
FIG 12 LAMEA Acetone Market share by Country, 2030
FIG 13 LAMEA 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