Global Acetone Market Report (2026–2036)
Market Prediction
Western Market Research projects that the Acetone Market, valued at USD xxxx in 2025, is expected to reach USD xxxx by 2036, growing at a CAGR of xx% globally during the forecast period.
Market Overview
The Global Acetone Market Report 2026 provides a comprehensive analysis of industry development drivers, patterns, flows, and market sizes. It evaluates historical and present market values to forecast growth trends between 2026 and 2036.
This study integrates both primary and secondary data sources, examining factors such as:
- Government policies and regulatory frameworks
- Market environment and competitive dynamics
- Historical data and current industry trends
- Technological innovations and upcoming advancements
- Progress in related industries impacting acetone demand
Impact of COVID-19
The COVID-19 outbreak in December 2019, declared a global public health emergency by the World Health Organization, significantly disrupted the Acetone market in 2020. Supply chain interruptions, reduced industrial activity, and delayed projects created short-term challenges. However, recovery trends and renewed demand in plastics, coatings, and chemical industries are expected to support long-term market growth.
Market Segmentation
By Type
- Cumene Process for Acetone
- Isopropanol Processing
- Fermentation
By Application
- Plastics & Rubber Industry
- Explosive Industry
- Painting Industry
Regional Analysis
- North America: U.S., Canada, Mexico
- Europe: Germany, U.K., France, Italy, Russia, Spain, and others
- Asia-Pacific: China, India, Japan, Southeast Asia
- South America: Brazil, Argentina
- Middle East & Africa: Saudi Arabia, South Africa
Key Market Players
- INEOS Phenol
- Mitsui Chemicals
- Sunoco
- Shell
- Saudi Basic Industries Corporation (SABIC)
- Axiall Corporation
- CEPSA
- Versalis – Eni
- Borealis AG
- Sinopec
- CNPC
- MP Biomedicals
- ABI Chem
- ZINC
The Acetone market is positioned for steady growth between 2026 and 2036, driven by demand from plastics, rubber, coatings, and explosives industries. Increasing emphasis on technological innovation, regulatory compliance, and sustainable production methods will shape market dynamics. Regional demand variations and competitive strategies of key players will further influence the industry’s trajectory during the forecast period.
Acetone is a widely used organic solvent and chemical intermediate, primarily produced via the cumene process. It is a key raw material in the manufacture of plastics, synthetic fibers, coatings, adhesives, and explosives, with broad applications across industrial and consumer sectors.
Regional Analysis
- North America: Strong demand from plastics and coatings industries, supported by established petrochemical infrastructure.
- Europe: Growth driven by regulatory compliance and demand in automotive and construction sectors.
- Asia-Pacific: Fastest-growing region, fueled by industrial expansion in China and India, and rising demand in paints and plastics.
- South America: Moderate growth, with Brazil and Argentina investing in chemical and rubber industries.
- Middle East & Africa: Increasing demand from petrochemical and construction projects, particularly in Saudi Arabia and South Africa.
Porter’s Five Forces
- Competitive Rivalry: High, with global players (INEOS, Mitsui, SABIC, Shell) competing on cost, scale, and innovation.
- Threat of New Entrants: Moderate, as capital intensity and raw material access are barriers, but regional players can enter niche markets.
- Bargaining Power of Suppliers: Moderate, raw material suppliers (cumene, isopropanol) hold leverage due to price volatility.
- Bargaining Power of Buyers: High, industrial customers demand cost-effective, high-quality acetone for diverse applications.
- Threat of Substitutes: Moderate, alternative solvents exist but lack acetone’s versatility and cost-effectiveness.
SWOT Analysis
Strengths
- Versatile applications across plastics, coatings, and explosives
- Established global production and supply chains
- Cost-effective solvent with strong demand
Weaknesses
- Dependence on petrochemical feedstocks
- Environmental concerns over emissions and handling
- Price volatility linked to crude oil markets
Opportunities
- Expansion in Asia-Pacific and Middle East petrochemical industries
- Rising demand in paints, coatings, and adhesives sectors
- Technological advancements in sustainable production methods
Threats
- Regulatory pressures on emissions and chemical safety
- Competition from alternative solvents and green chemistry solutions
- Raw material supply chain disruptions
Trend Analysis
- Increasing demand in plastics and synthetic fibers industries.
- Rising use in paints, coatings, and adhesives.
- Growth in explosives and specialty chemicals applications.
- Technological advancements in bio-based acetone production to reduce environmental impact.
Drivers & Challenges
Drivers
- Global expansion of plastics and coatings industries
- Cost-effectiveness and versatility of acetone as a solvent
- Rising demand in construction and automotive sectors
Challenges
- Environmental and regulatory compliance pressures
- Volatility in crude oil and petrochemical feedstock prices
- Competition from alternative solvents and green chemistry initiatives
Value Chain Analysis
- Raw Materials: Cumene, isopropanol, fermentation feedstocks
- Manufacturing: Acetone producers (global and regional companies)
- Distribution: Wholesalers, distributors, and direct supply to industrial customers
- End Users: Plastics, rubber, coatings, explosives, and construction industries
Quick Recommendations for Stakeholders
- Manufacturers: Invest in sustainable and bio-based acetone production technologies.
- Investors: Focus on Asia-Pacific and Middle East markets where petrochemical expansion drives demand.
- Policy Makers: Support eco-friendly production methods through incentives and updated safety standards.
- Industrial Customers: Evaluate lifecycle cost and performance benefits of acetone versus alternative solvents.
- Suppliers: Diversify feedstock sourcing to mitigate crude oil price volatility.
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1. Market Overview of Acetone
1.1 Acetone Market Overview
1.1.1 Acetone Product Scope
1.1.2 Market Status and Outlook
1.2 Acetone Market Size by Regions:
1.3 Acetone Historic Market Size by Regions
1.4 Acetone Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Acetone Sales Market by Type
2.1 Global Acetone Historic Market Size by Type
2.2 Global Acetone Forecasted Market Size by Type
2.3 Cumene Process for Acetone
2.4 Isopropanol Processing
2.5 Fermentation
3. Covid-19 Impact Acetone Sales Market by Application
3.1 Global Acetone Historic Market Size by Application
3.2 Global Acetone Forecasted Market Size by Application
3.3 Plastics & Rubber Industry
3.4 Explosive Industry
3.5 Painting Industry
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Acetone Production Capacity Market Share by Manufacturers
4.2 Global Acetone Revenue Market Share by Manufacturers
4.3 Global Acetone Average Price by Manufacturers
5. Company Profiles and Key Figures in Acetone Business
5.1 INEOS Phenol
5.1.1 INEOS Phenol Company Profile
5.1.2 INEOS Phenol Acetone Product Specification
5.1.3 INEOS Phenol Acetone Production Capacity, Revenue, Price and Gross Margin
5.2 Mitsui Chemicals
5.2.1 Mitsui Chemicals Company Profile
5.2.2 Mitsui Chemicals Acetone Product Specification
5.2.3 Mitsui Chemicals Acetone Production Capacity, Revenue, Price and Gross Margin
5.3 Sunoco
5.3.1 Sunoco Company Profile
5.3.2 Sunoco Acetone Product Specification
5.3.3 Sunoco Acetone Production Capacity, Revenue, Price and Gross Margin
5.4 Shell
5.4.1 Shell Company Profile
5.4.2 Shell Acetone Product Specification
5.4.3 Shell Acetone Production Capacity, Revenue, Price and Gross Margin
5.5 Saudi Basic Industries Corporation (SABIC)
5.5.1 Saudi Basic Industries Corporation (SABIC) Company Profile
5.5.2 Saudi Basic Industries Corporation (SABIC) Acetone Product Specification
5.5.3 Saudi Basic Industries Corporation (SABIC) Acetone Production Capacity, Revenue, Price and Gross Margin
5.6 Axiall Corporation
5.6.1 Axiall Corporation Company Profile
5.6.2 Axiall Corporation Acetone Product Specification
5.6.3 Axiall Corporation Acetone Production Capacity, Revenue, Price and Gross Margin
5.7 CEPSA
5.7.1 CEPSA Company Profile
5.7.2 CEPSA Acetone Product Specification
5.7.3 CEPSA Acetone Production Capacity, Revenue, Price and Gross Margin
5.8 Versalis - Eni
5.8.1 Versalis - Eni Company Profile
5.8.2 Versalis - Eni Acetone Product Specification
5.8.3 Versalis - Eni Acetone Production Capacity, Revenue, Price and Gross Margin
5.9 Borealis AG
5.9.1 Borealis AG Company Profile
5.9.2 Borealis AG Acetone Product Specification
5.9.3 Borealis AG Acetone Production Capacity, Revenue, Price and Gross Margin
5.10 Sinopec
5.10.1 Sinopec Company Profile
5.10.2 Sinopec Acetone Product Specification
5.10.3 Sinopec Acetone Production Capacity, Revenue, Price and Gross Margin
5.11 CNPC
5.11.1 CNPC Company Profile
5.11.2 CNPC Acetone Product Specification
5.11.3 CNPC Acetone Production Capacity, Revenue, Price and Gross Margin
5.12 MP Biomedicals
5.12.1 MP Biomedicals Company Profile
5.12.2 MP Biomedicals Acetone Product Specification
5.12.3 MP Biomedicals Acetone Production Capacity, Revenue, Price and Gross Margin
5.13 ABI Chem
5.13.1 ABI Chem Company Profile
5.13.2 ABI Chem Acetone Product Specification
5.13.3 ABI Chem Acetone Production Capacity, Revenue, Price and Gross Margin
5.14 ZINC
5.14.1 ZINC Company Profile
5.14.2 ZINC Acetone Product Specification
5.14.3 ZINC Acetone Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Acetone Market Size
6.2 North America Acetone Key Players in North America
6.3 North America Acetone Market Size by Type
6.4 North America Acetone Market Size by Application
7. East Asia
7.1 East Asia Acetone Market Size
7.2 East Asia Acetone Key Players in North America
7.3 East Asia Acetone Market Size by Type
7.4 East Asia Acetone Market Size by Application
8. Europe
8.1 Europe Acetone Market Size
8.2 Europe Acetone Key Players in North America
8.3 Europe Acetone Market Size by Type
8.4 Europe Acetone Market Size by Application
9. South Asia
9.1 South Asia Acetone Market Size
9.2 South Asia Acetone Key Players in North America
9.3 South Asia Acetone Market Size by Type
9.4 South Asia Acetone Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Acetone Market Size
10.2 Southeast Asia Acetone Key Players in North America
10.3 Southeast Asia Acetone Market Size by Type
10.4 Southeast Asia Acetone Market Size by Application
11. Middle East
11.1 Middle East Acetone Market Size
11.2 Middle East Acetone Key Players in North America
11.3 Middle East Acetone Market Size by Type
11.4 Middle East Acetone Market Size by Application
12. Africa
12.1 Africa Acetone Market Size
12.2 Africa Acetone Key Players in North America
12.3 Africa Acetone Market Size by Type
12.4 Africa Acetone Market Size by Application
13. Oceania
13.1 Oceania Acetone Market Size
13.2 Oceania Acetone Key Players in North America
13.3 Oceania Acetone Market Size by Type
13.4 Oceania Acetone Market Size by Application
14. South America
14.1 South America Acetone Market Size
14.2 South America Acetone Key Players in North America
14.3 South America Acetone Market Size by Type
14.4 South America Acetone Market Size by Application
15. Rest of the World
15.1 Rest of the World Acetone Market Size
15.2 Rest of the World Acetone Key Players in North America
15.3 Rest of the World Acetone Market Size by Type
15.4 Rest of the World Acetone Market Size by Application
16 Acetone Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter
Market Segmentation
By Type
- Cumene Process for Acetone
- Isopropanol Processing
- Fermentation
By Application
- Plastics & Rubber Industry
- Explosive Industry
- Painting Industry
Regional Analysis
- North America: U.S., Canada, Mexico
- Europe: Germany, U.K., France, Italy, Russia, Spain, and others
- Asia-Pacific: China, India, Japan, Southeast Asia
- South America: Brazil, Argentina
- Middle East & Africa: Saudi Arabia, South Africa
Key Market Players
- INEOS Phenol
- Mitsui Chemicals
- Sunoco
- Shell
- Saudi Basic Industries Corporation (SABIC)
- Axiall Corporation
- CEPSA
- Versalis – Eni
- Borealis AG
- Sinopec
- CNPC
- MP Biomedicals
- ABI Chem
- ZINC
