Meet Abi
Abi will answer all Acetone related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Discover Market Info
Get up-to-date market and supplier info on Acetone to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Manage Risk
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Find Suppliers
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Assess Category Performance
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Source Market Indices
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all Acetone related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on Acetone to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
8.4 MMT
1.96 MMT
2.04 MMT
3.66 MMT
Category Intelligence on Acetone covers the following
The global demand of acetone is estimated to grow at a CAGR of 3.7 percent in 2020 and is to reach 8.56 MMT by 2024
APAC has the largest installed capacity, and it is the fastest growing region with demand from downstream construction and automobile industries
Market Outlook
Engagement Outlook
The industrial sector is the largest end-user for acetone and is expected to occupy 58 percent of the acetone market share.The North American Acetone market is highly mature with equally mature acetone manufacturers. The top 3 acetone suppliers holding over 60 percent of the overall capacity in the region.
Abundant availability of feedstock propylene and benzene supply in the market coupled with cheaper feedstock prices have a positive impact on the acetone market.The acetone market is already suffering from excess capacity with average operating rates hitting 80 percent levels. The US acetone market price witnessed a slight increase during August 2019, due to an increase in the price of feedstock propylene.
Average operating costs are high in Europe, due to a low number of backward integrated acetone suppliers to benzene and propylene. Asia is a cost-effective region, due to cheap feedstock, labor, and low electricity prices. Asia Pacific holds the largest market share for acetone suppliers (46 percent) out of which 19 percent is China alone.
Complimentary 12-month access to Beroe LiVE