Who are the key players in the acetone market?

Some key players operating in the acetone market include INEOS, Shell Plc, Honeywell International, Inc., Mitsui Chemicals, Inc., SABIC, Solvay, and others.

What are the factors driving the acetone market?

Key factors that are driving the market growth include the rising utilization of acetone in the production of personal care products and growing end-use industries including paints & coatings and pharmaceutical industries in the emerging economies of Asia Pacific.

How big is the acetone market?

The global acetone market size was estimated at USD 6,464.82 million in 2024 and is expected to reach USD 6,920.69 million in 2025.

What is the acetone market growth?

The global acetone market is expected to grow at a compound annual growth rate of 8.1% from 2025 to 2030 to reach USD 10.23 billion by 2030.

Which segment accounted for the largest acetone market share?

Asia Pacific dominated the acetone market with a share of 47.5% in 2024. This is attributable to growing industrialization and shifting of manufacturing units to the region due to affordable infrastructure and labor costs.