Newark, Sept. 13, 2024 (GLOBE NEWSWIRE) — Global acetone market is projected to reach USD 9.67 billion by 2033, at a CAGR of 6.80% from 2024 to 2033. Acetone is primarily used in solvents, bisphenol A (BPA), and methyl methacrylate (MMA), with applications in industries such as pharmaceuticals, cosmetics, and electronics. Key emerging countries such as China and India, have the highest demand for acetone for the various industry verticals. Furthermore, growing production and consumption of acetone in the region, propelling the growth of the market.
Drivers:• North America ranks second, driven by demand from the solvents and electronics sectors.
• Europe is also a significant market, especially in the plastics and automotive sectors, but growth is slower due to strict BPA regulations
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