Acetone Prices, News, Market and Analysis | ChemAnalyst

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Acetone Prices Overview
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Market Overview Quarterly Update on Global
Acetone Market    Asia Market fundamentals of
Asia Acetone Market remained stalled, pressurized
by supply overhang due to massive capacity
additions from Chinas Zhejiang Petrochemicals.
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ing-data/acetone--12
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Acetone Prices Overview
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However, the equipment failure in the new plant
in early September provided huge relief as
traders who earlier held back procurement under
hopes for further plunge in the prices, rushed to
fulfill their inventory requirements as per the
consumption pattern. Manufacturers across the
Northern Asia operated their plants at nearly
full capacities, but the inventories of Acetone
remained manageable with appreciable offtakes
from certain end-use industries. Europe   The
European Acetone market was struck by supply
shortage on maintenance turnarounds from Domo
Caproleuna and Seqen followed by limited imports
from US and Asia. As several countries in the
region resumed their work life, increment in
demand for clear plastic shield as a prevention
for Coronavirus led to increased consumption of
BPA and MMA adding to the strong downstream
demand. Moreover, rise in the number of home
improvement projects kept the demand for Acetone
from paints and coatings industry in a healthy
position.   North America   Acetone supply in
North America was tightened with producers like
SABIC and Shell imposing a production turnaround
while INEOS submitting the production due to
force majeure. Demand remained firm with
prominent improvement in economy. Although the
demand for its major derivative IPA decreased in
comparison to the highs observed in the previous
quarter but remained at considerate levels on its
consistent consumption in sanitizers and
disinfectants.

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Acetone Prices Overview
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• How we can help
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  data points to execute multi-billion-dollar
  projects globally.
• Methodology
• ChemAnalyst gathers information through primary
  research surveys conducted with various Acetone
  manufacturers, spread across domestic and
  international market, suppliers and
  dealers/distributors to gain insights
  into value-chains and demand-supply scenario to
  assess the market situation. Thorough study of
  companys annual reports and secondary sources
  such as exhaustive search on credible paid
  databases, including our internal database is
  done to verify the information. All the collected
  information is analyzed, evaluated and presented
  in chronological order to depict a meaningful and
  clear picture of the concerned market.
•  
• Our dedicated team of industry experts
  comprehensively monitors and analyzes various
  aspects of the Global Acetone market. The team
  analyzes various industrial segments, strategic
  viewpoints and provides an analysis of the
  industrys performance in the long run. This
  would enable our clients in efficiently plan
  their future investments, mitigate risk,
  understand the cost dynamics and strike out a
  balance amidst market volatility.
• Critical examination of the impact of COVID-19
  pandemic on the global supply chains and shift in
  demand patterns with change in buying behavior of
  consumers across the globe.

4
Acetone Prices Overview
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• Several ongoing development projects across
  industries are tracked, followed by the details
  of major projects in the development stage, which
  can positively or negatively influence Global
  Acetone market.
•  
• Pricing is captured through exhaustive primary
  interviews with domestic and international
  manufacturers, traders and importers and
  customers on daily, weekly, monthly and yearly
  basis.
•  
• Finally, region-specific markets for Acetone are
  analyzed and region-wise demand pattern is
  tracked.
• About
• Acetone also called Propanone, is a colorless,
  flammable and volatile organic chemical solvent.
  It is primarily utilized as an industrial solvent
  with commendable consumption from the
  pharmaceutical industry due to its high
  miscibility in other solvents. The product is
  also utilized as an active cleanser in commercial
  operations, laboratories and households. The two
  major applications of Acetone are the
  manufacturing of Bisphenol A (BPA) and Methyl
  Methacrylate (MMA). It is also used to make
  various other compounds such as diacetone
  alcohol, methyl iso butyl ketone (MIBK),
  isophorone, etc. Acetone is commonly produced via
  Cumene route, which involves reaction of
  Propylene with Benzene in zeolite or phosphoric
  acid-based catalyst. Acetone is produced as a
  co-product during Phenol production. Each tonne
  of phenol produces, around 0.62 tonnes of Acetone
  in one go.