The Acetone Market is expected to register a CAGR of 5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The acetone market report is segmented by application (solvents, methyl methacrylate, bisphenol a, and others). The report further presents an analysis based on the end use (cosmetics and personal care, pharmaceuticals, paints and coatings, chemicals, and others). The global analysis is further broken down at the regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities.
Purpose of the Report
The report Acetone Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Acetone Market Segmentation
Application
- Solvents
- Methyl Methacrylate
- Bisphenol A
End Use
- Cosmetics and Personal Care
- Pharmaceuticals
- Paints and Coatings
- Chemicals
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Acetone Market: Strategic Insights

- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Acetone Market Growth Drivers
- Personal Care and Cosmetics Market Boosting Acetone Demand: The personal care and cosmetics market is one of the major markets fueling the consumption of acetone. Acetone is widely used in product formulations such as nail polish removers, hair care agents, and cleaners. Acetone helps in ensuring consistency and effectiveness in formulations.
- Acetone’s Role as a Key Solvent in the Chemical Sector: Acetone is a key solvent in the chemical sector, which utilizes it in the production of several chemicals and petrochemicals. As disinfectants and sanitizers are on the rise due to global health concerns, there is a high demand for acetone. Acetone is used as a precursor for isopropanol, a disinfectant.
- Increasing Construction Activities Driving Acetone Demand in Paints and Coatings: Acetone is highly used in paints and coatings applications. It is used as a thinner for various paints and coatings, helping to achieve the desired consistency. The strong growth of the building and construction industry due to increasing construction activities, government initiatives, and rising investment in residential, commercial, and industrial construction sectors drives demand for paints and coatings. This, in turn, drives the market for acetone.
Acetone Market Future Trends
- Rise of Bio-Based Acetone: The development of bio-based acetone is expected to be a key trend in the acetone market. This bio-based acetone is being formulated to respond to the need for sustainable alternatives to traditional petrochemical-derived products. The push factors in this direction include environmental reasons, the pressure of regulatory demands, and the increasing demand for green products.
- Environmental Conservation and Regulatory Pressures: The rising need for more considerable environmental conservation and reduction of natural resources has increased the demand for bio-based products, including acetone. Pressuring governments and organizations' increased demands for greener alternatives force manufacturers to concentrate on bio-based options, which are more environmentally friendly and less carbon-intensive as well as reduce fossil fuel dependency.
- Technological Advances in Bio-Based Acetone Production: Advances in technology make it possible to produce bio-based acetone from renewable resources. Plant-based feedstocks are used to produce bio-acetone that offers massive environmental advantages. Dazzle Dry’s bio-based acetone is produced through a proprietary fermentation process using raw plant materials (such as American-grown corn) as primary feedstock.
Acetone Market Opportunities
- Increasing Demand from the Pharmaceutical Industry: A high demand for acetone from the pharmaceutical industry will offer more opportunities for the acetone market growth during the forecast period. The pharmaceutical industry is using acetone very widely because it plays a great role in dissolving chemical agents and controlling the viscosity of drug formulations. Thus, the market growth potential is held by the upward trend of acetone demand in pharmaceuticals.
- Acetone's Role in Drug Formulation: Acetone is commonly used as a solvent in the pharmaceutical industry, capable of dissolving pharmaceutical active substances and other chemical agents. With its ability to govern the viscosity and density of solvents, acetone plays an especially crucial role in medicine formulation. Because of the increasing need for newer and innovative drug delivery systems, the demand for dependable solvents such as acetone is likely to be highly increased.
- Rise of Bio-Based Acetone in Pharmaceuticals: The interest in bio-based acetone is likely to increase with the increasing focus of the pharmaceutical industry on sustainability. With a global environment that is seeking to reduce carbon emissions and raise its level of environmental responsibility, the adoption of bio-based acetone is expected to increase in the coming time.
Acetone Market Regional Insights
The regional trends and factors influencing the Acetone Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Acetone Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

- Get the Regional Specific Data for Acetone Market
Acetone Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2024 | US$ XX million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2025 - 2031) | 5% |
Historical Data | 2021-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Application
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Acetone Market Players Density: Understanding Its Impact on Business Dynamics
The Acetone Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Acetone Market are:
- Altivia
- BASF SE
- Borealis AG
- Cepsa
- Formosa Chemicals and Fibre Corporation
Disclaimer: The companies listed above are not ranked in any particular order.

- Get the Acetone Market top key players overview
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Acetone Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Acetone Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
Frequently Asked Questions
What is the furture trend for acetone market?
The development of bio-based acetone is expected to be the key market trends.
Which is the fastest growing segment based on end use?
Based on end use, the cosmetics and personal care segment is expected to witness the fastest growth during the forecast period
Based on geography, which region held the largest share of the acetone market?
Based on geography, Asia Pacific held the largest share of the acetone market due to strong growth of the paints and coatings, cosmetics and pharmaceuticals industry in the region.
What are the driving factors impacting the acetone market?
A high demand from the chemicals industry is driving the market growth
What are the key players operating in the acetone market?
Cepsa, INEOS, Shell International B.V., Honeywell International Inc, Mitsui Chemicals Inc, SABIC, KUMHO P and B CHEMICALS.,INC., LG Chem., Spectrum Chemical, and Domo Chemicals are the key players operating in the acetone market.
What is the expected CAGR of the Acetone Market?
The Acetone Market is estimated to witness a CAGR of 5% from 2023 to 2031
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Testimonials

I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.
DR CHIJIOKE ONYIA, MANAGING DIRECTOR, PineCrest Healthcare Ltd.
The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services
Yukihiko Adachi CEO, Deep Blue, LLC.Reason to Buy
- Informed Decision-Making
- Understanding Market Dynamics
- Competitive Analysis
- Customer Insights
- Market Forecasts
- Risk Mitigation
- Strategic Planning
- Investment Justification
- Identifying Emerging Markets
- Enhancing Marketing Strategies
- Boosting Operational Efficiency
- Tracking Industry Innovations
- Aligning with Regulatory Trends
Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.
Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.
Once your order is successfully placed, you will receive a confirmation email along with your invoice.
• For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
• For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.
We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.
The report is available in either PDF format or as an Excel dataset, depending on the license you choose.
The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
Please review the license options at checkout or contact us to confirm which formats are included with your purchase.
Our payment process is fully secure and PCI-DSS compliant.
We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
You can make your purchase with confidence, knowing your personal and financial information is safe with us.
Yes, we do offer special pricing for bulk purchases.
If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.
Yes, absolutely.
Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.
Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.
Yes, certainly.
If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.















1. Altivia
2. BASF SE
3. Borealis AG
4. Cepsa
5. Formosa Chemicals and Fibre Corporation
6. Green Biologics Limited
7. Honeywell International Inc.
8. INEOS
9. LCY GROUP
10. Mitsui Chemicals Inc.


