Petrochemicals | Oct 2020
India Acetone Market Analysis Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Region-Wise Demand, Import & Export, 2015-2030
The demand for Acetone in India crossed 190 KTPA in 2019 and is projected to thrive at around CAGR 5.95% during the forecast period. Demand for Acetone in India is expected to observe an outstanding spike in the forecast period, driven by its large-scale consumption to produce Isopropyl Alcohol as a raw material for sanitizers and disinfectants, amid growing awareness of the Asian countries towards proper hygiene and cleanliness. Moreover, rising requirement for Acetone in niche pharmaceutical and paint and coatings applications is likely to serve well for its demand growth in the forecast period. Increasing demand for alcohol beverages as a status symbol for people belonging to urban areas is also anticipated to propel its demand appreciably during the forecast period.
Under this subscription you would be able to access India Acetone market demand and supply analysis on a cloud-based platform for one year. The data is updated on near real time basis to add any new movement in the industry including but not limited to new plant announcement, plant shutdowns, temporary disruptions in demand or supply, news and deals and much more specific to Acetone.
Years Considered for Analysis:
Historical Years: 2015 – 2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022 – 2030
To extract data for India 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.