Europe Acetone Market Demand & Forecast Analysis, 2016-2032

Acetone is a highly valued solvent extensively utilized across various industries, including chemical, pharmaceutical, and numerous others. It boasts exceptional solvent properties, rendering it highly effective in dissolving a wide spectrum of organic and inorganic substances. Its versatility enables it to dissolve both polar and nonpolar compounds, encompassing fats, oils, resins, waxes, plastics, rubber, and various synthetic materials. Within the chemical landscape, acetone finds widespread application in sectors such as pharmaceuticals, cosmetics, paints and coatings, adhesives, and chemical manufacturing. It serves as a solvent for numerous processes, including formulation, extraction, cleaning, and degreasing.

Furthermore, acetone plays a pivotal role as an intermediate chemical in the production of other compounds, such as methyl methacrylate (MMA), bisphenol A (BPA), and solvents like methyl isobutyl ketone (MIBK). The growth and performance of the chemical industry in Europe significantly impact the demand for acetone, as it influences the production of these downstream products. In the pharmaceutical and personal care industries, acetone finds various applications, ranging from solvent extraction and formulation to serving as a component in cosmetic and skin care products. The demand within these sectors fluctuates based on economic conditions, consumer preferences, and regulatory requirements.

The paints and coatings industry heavily relies on acetone as a solvent. The demand for acetone in this sector is influenced by construction and infrastructure activities, as well as the overall demand for paints and coatings in Europe. Moreover, acetone serves as a vital solvent in the production of adhesives and sealants. Factors such as manufacturing activities, automotive production, and consumer spending can influence the demand for these products. Acetone s versatility extends beyond these industries, finding utility as a cleaning agent, within laboratory settings, as a component in automotive fuels, and within the electronics industry. The demand from these sectors collectively contributes to the overall demand for acetone in Europe.

Over the past few years, the acetone market has experienced oversupply due to capacity expansions in phenol production, where acetone is a co-product. The increasing demand for phenol has prompted capacity additions globally, subsequently elevating acetone capacity. Europe has witnessed a decline in demand in recent years, further exacerbated by the adverse impact of COVID-19 in 2020. This decline in demand, coupled with oversupply, has led to reduced acetone prices worldwide.

INEOS emerges as the leading manufacturer of acetone in Europe, accounting for over 50% of the total capacity within the region. Germany stands as the major consumer of acetone, representing approximately 36% of Western Europe s consumption, while Italy ranks second in terms of demand. In aggregate, Europe serves as a net exporter of acetone in 2022. The combination of substantial capacities and decreasing regional demand is driving the growth of exports from the region.
Acetone Net Trade for Major Countries in Western Europe
Acetone Net Trade for Major Countries in Western Europe

Scope of Report 

The report describes the Europe Acetone market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Acetone Market data in terms of volume and value for each end-use 
   at regional and country level
•  Acetone Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1. Introduction
2. Terms & Conditions of Use
3. Explanatory Notes
              •  Market Coverage
                  -  Applications
                  -  Regions
                  -  Countries
              •  Years Considered
                  -  Historical  - ( 2016 – 2020)
                  -  Base - (2021)
                  -  Long-Term - (2022 – 2032)
              •  Abbreviations & Definitions
              •  Conversion Factors
              •  Data Sources
4. Market Synopsis 
              •  Market Evolution
              •  Demand Overview
              •  Industry Structure
              •  Strategic Issues
              •  End-use Trends
              •  Growth Forecast
5. Europe Economic Outlook
              •  GDP and Demographics
              •  Monetary & Fiscal Policies
6. Energy Outlook
              •  Crude Oil
              •  Natural Gas
              •  Electricity Prices
7. End-use Sector Performance
              •  Construction
              •  Automotive
              •  Electrical & Electronics
              •  Industrial
              •  Others
8. Introduction to Acetone and Market Overview 
              •  Product Description
              •  Grades & Properties
              •  Raw Material
              •  Manufacturing Process
              •  Environmental Issues
              •  Value Chain
              •  Applications
9. Market Dynamics and Industry Trends 
              •  Market Dynamics
                  -  Drivers
                  -  Restraints
                  -  Opportunities
                  -  Challenges
              •  Industry Structure
              •  Porter’s Five Forces Analysis
10. Europe Acetone Demand Supply Analysis By Applications, (Volume, Value) (2016 – 2032)
              •        Strategic Issues
              •        Capacity Analysis – Plants and Projects (2016 – 2032)
                             •  Capacity
                             •  Production
                             •  Producing Companies
                             •  Capacity Additions and Investments
                             •  Location
                             •  Salient Statistics
                             •  Technology / Process
              •        Demand Supply Analysis and Forecast (2016 – 2032)
                             •  Capacity
                             •  Production
                             •  Operating Rate
                             •  Import
                             •  Export
                             •  Net Trade
                             •  Demand
                             •  Demand Growth Rate (%)
                             •  Driving Force Analysis
                             •  Europe Acetone Market, By Application
                                      •  Bisphenol-A (BPA)
                                      •  Methyl Methacrylates (MMA)
                                      •  Methyl isobutyl ketone (MIBK) 
                                      •  Solvents
                                      •  Other chemical uses 
                                      •  Others
11. Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016 – 2032)
              •        Strategic Issues
              •        Capacity Analysis – Plants & Projects
              •        Demand-Supply Analysis and Forecast (2016 – 2032)
                             •  Capacity
                             •  Production
                             •  Operating Rate 
                             •  Import
                             •  Export
                             •  Net Trade
                             •  Demand
                             •  Demand Growth Rate (%)
                             •  Acetone Market, By Application
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by Application has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
             •     Western Europe
                              •  Germany
                              •  France
                              •  Italy
                              •  United Kingdom
                              •  Spain
                              •  Rest of Western Europe
             •     Central & Eastern Europe
                              •  Russia
                              •  Poland
                              •  Rest of Central & Eastern Europe
Note: CAGR will be calculated for all the applications to arrive at the regional demand growth for the forecast period (2022 – 2032)
12. Business Opportunity Assessment 
              •  Market Attractiveness Assessment
              •  Prospective & Target Market Study
13. Strategic Recommendation & Suggestions
              •  Strategic Recommendations and Critical Factors for Success
              •  Success Factors
              •  Marketing and Distribution
              •  Marketing
              •  Niche Marketing
              •  Government Schemes
              •  Subsidy
              •  Strategic Partnerships / Alliances / Joint Venture 
              •  Multiple Plants and Stocking Points
              •  Global Presence and China
              •  Technological Innovation
              •  Advertising
              •  Other Factors
14. Pricing Analysis
              •  Average Import Prices
              •  Average Exports Prices
              •  Price Forecast
15. Pain Points
Note: This section will focus on the pain points that the end-user industries face. The pain points may be related to grades, cost, pricing, product characteristics, laws and product acceptance, substitute products, demand issues ranging from raw material to technology supply.
16. Company Analysis
              •  Acetone Manufacturers Profiles/ Company Analysis
              •  Basic Details
              •  Headquarter, Key Markets
              •  Ownership
              •  Company Financial
              •  Manufacturing Bases
              •  Global Turnover
              •  Total Employee
              •  Product Portfolio / Services / Solutions
              •  Business Strategies
              •  Key Success Factors
              •  Recent Developments
              •  End-User Customers – General information 
              •  SWOT
             Companies Covered -
              •  INEOS Phenol
              •  Domo Caproleuna
              •  Novapex (SEQENS division)
              •  Cepsa Quimica
              •  Versalis
              •  Borealis
              •  PKN Orlen
              •  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
17. Approach & Research Methodology
              •  Approach
              •  Research Methodology
              •  Prismane Consulting Market Models
              •  Assumptions & Limitations
18. Appendices
              •  Target Markets
              •  Europe Capacities
              •  Demand Supply - Regions
              •  Demand Supply- Countries

Scope of Report 

The report describes the Europe Acetone market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply Demand Balance 
•  Acetone Market data in terms of volume and value for each end-use 
   at regional and country level
•  Acetone Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment