Acetone demand in China propelled at a healthy CAGR till 2019 and is expected to follow a similar trajectory with a CAGR of 6.97% during the forecast period. Demand for Acetone in China is envisioned to grow notably in the forecast period, driven by its heavy requirement to produce its derivatives which are widely required across a number of end-use industries. With rapid development in the industrial sector in China, Acetone is likely to witness a commendable demand in the coming years as an ideal and cost- effective solvent in industries like cosmetics, adhesives, paints and coatings, chemical and petrochemical, pharmaceuticals etc.
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Years Considered for Analysis:
Historical Years: 2015 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2030
To extract data for China Acetone market, ChemAnalyst team conducts primary research surveys with Acetone manufacturers, suppliers, distributors, wholesalers and customers followed by exhaustive secondary research to cross validate the information being collected through primary research surveys.