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India Acetone Comprehensive Techno-Commercial Market Study, 2013-2030

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format

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India Acetone Comprehensive Techno-Commercial Market Study, 2013-2030

Demand for Acetone in 2018 is around 266 KT and is expected to grow at a healthy CAGR during the forecast period. This demand can be attributed to the growing need for acetone in the pharmaceutical industry for development of new drugs. Furthermore, increasing demand for solvent based products in lubricants, thinners and surface coatings would also contribute to the growth in demand for acetone in the country.

Rising demand for the acetone intermediate products such as MMA (Methyl methacrylate) for a variety of end-use applications such as in PVC modification, medical procedures especially dental and joint replacement would also contribute to its growing demand.

Currently, there are three major manufacturers in India that produce acetone. India is also dependent on import from countries such as Japan, Thailand, etc. The major producers of acetone are Deepak Phenolics Limited, Hindustan Organics Chemicals Limited and SI Group India Limited. Many small industries like Prasol Industries are expected to increase their production to fulfill the domestic demand of acetone in India. Further a massive growth can be witnessed in the Acetone’s market by 2030.

Years Considered for this Report

Historical Years2013 – 2018

Base Year2019

Estimated Year2020

Forecast Period2021 – 2030

Objective of the Study

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