Bio-Ketones Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Bio-Ketones Market covers analysis by Product Type (Bio MEK, Bio PEEK, Bio Acetone, Other Product Types); Application (Paints and Coatings, Automobile, Infrastructure, Pharmaceutical, Other End-user Industries) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00013032
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Acetone is generally used as a solvent and denaturant in the cosmetics and personal care industry. Bio acetone is used as a renewable alternative to petroleum-based acetone. Acetone is the simplest and smallest ketone. It is a suitable solvent for many plastics and some synthetic fibers. It is also used for thinning polyester resin, cleaning tools used with it, and dissolving two-part epoxies and superglue before they harden. It is used as one of the volatile components of some paints and varnishes.

MARKET DYNAMICS

The bio-ketones market has witnessed a significant growth owing to factors such as increasing demand for paints & coatings from the construction sector. Moreover, the increasing demand from the cosmetics and personal care industry fuel the market growth. However, scarcity of raw materials is hindering the growth of the market studied.

MARKET SCOPE

The "Global Bio-Ketones Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the bio-ketones market with detailed market segmentation product type, application, and geography. The global bio-ketones market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading bio-ketones market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global bio-ketones market is segmented on the basis of product type and application. On the basis of product type, the global bio-ketones market is divided into bio mek, bio peek, bio acetone, and other product types. On the basis of application, the global bio-ketones market is divided into paints and coatings, automobile, infrastructure, pharmaceutical, and other end-user industries.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global bio-ketones market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The bio-ketones market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the bio-ketones market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the bio-ketones market in these regions.


World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global bio-ketones market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The bio-ketones market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the bio-ketones market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the bio-ketones market in these regions.


MARKET PLAYERS

The reports cover key developments in the bio-ketones market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from bio-ketones market is anticipated to lucrative growth opportunities in the future with the rising demand for bio-ketones in the global market. Below mentioned is the list of few companies engaged in the bio-ketones market.

The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the bio-ketones market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Bio Brands LLC
  •   Caldic B.V.
  •   Celtic Renewables
  •   Eastman Chemical Company
  •   Genomatica, Inc
  •   Green Biologics
  •   LanzaTech
  •   Merck KGaA
  •   Nutra Green Biotechnology Co.
  •   Sigma-Aldrich Co. LLC



The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Bio-Ketones Market - By Product Type
1.3.2Bio-Ketones Market - By Application
1.3.3Bio-Ketones Market - By Region
1.3.3.1By Country

2.KEY TAKEAWAYS

3.RESEARCH METHODOLOGY

4.BIO-KETONES MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS


5.BIO-KETONES MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6.BIO-KETONES MARKET - GLOBAL MARKET ANALYSIS
6.1.BIO-KETONES - GLOBAL MARKET OVERVIEW
6.2.BIO-KETONES - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.BIO-KETONES MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1.OVERVIEW
7.2.PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3.BIO MEK
7.3.1.Overview
7.3.2.Bio MEK Market Forecast and Analysis
7.4.BIO PEEK
7.4.1.Overview
7.4.2.Bio PEEK Market Forecast and Analysis
7.5.BIO ACETONE
7.5.1.Overview
7.5.2.Bio Acetone Market Forecast and Analysis
7.6.OTHER PRODUCT TYPES
7.6.1.Overview
7.6.2.Other Product Types Market Forecast and Analysis
8.BIO-KETONES MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.PAINTS AND COATINGS
8.3.1.Overview
8.3.2.Paints and Coatings Market Forecast and Analysis
8.4.AUTOMOBILE
8.4.1.Overview
8.4.2.Automobile Market Forecast and Analysis
8.5.INFRASTRUCTURE
8.5.1.Overview
8.5.2.Infrastructure Market Forecast and Analysis
8.6.PHARMACEUTICAL
8.6.1.Overview
8.6.2.Pharmaceutical Market Forecast and Analysis
8.7.OTHER END-USER INDUSTRIES
8.7.1.Overview
8.7.2.Other End-user Industries Market Forecast and Analysis

9.BIO-KETONES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Bio-Ketones Market Overview
9.1.2North America Bio-Ketones Market Forecasts and Analysis
9.1.3North America Bio-Ketones Market Forecasts and Analysis - By Product Type
9.1.4North America Bio-Ketones Market Forecasts and Analysis - By Application
9.1.5North America Bio-Ketones Market Forecasts and Analysis - By Countries
9.1.5.1Canada Bio-Ketones Market
9.1.5.1.1Canada Bio-Ketones Market by Product Type
9.1.5.1.2Canada Bio-Ketones Market by Application
9.1.5.2Mexico Bio-Ketones Market
9.1.5.2.1Mexico Bio-Ketones Market by Product Type
9.1.5.2.2Mexico Bio-Ketones Market by Application
9.1.5.3US Bio-Ketones Market
9.1.5.3.1US Bio-Ketones Market by Product Type
9.1.5.3.2US Bio-Ketones Market by Application
9.2.EUROPE
9.2.1Europe Bio-Ketones Market Overview
9.2.2Europe Bio-Ketones Market Forecasts and Analysis
9.2.3Europe Bio-Ketones Market Forecasts and Analysis - By Product Type
9.2.4Europe Bio-Ketones Market Forecasts and Analysis - By Application
9.2.5Europe Bio-Ketones Market Forecasts and Analysis - By Countries
9.2.5.1Germany Bio-Ketones Market
9.2.5.1.1Germany Bio-Ketones Market by Product Type
9.2.5.1.2Germany Bio-Ketones Market by Application
9.2.5.2France Bio-Ketones Market
9.2.5.2.1France Bio-Ketones Market by Product Type
9.2.5.2.2France Bio-Ketones Market by Application
9.2.5.3Italy Bio-Ketones Market
9.2.5.3.1Italy Bio-Ketones Market by Product Type
9.2.5.3.2Italy Bio-Ketones Market by Application
9.2.5.4United Kingdom Bio-Ketones Market
9.2.5.4.1United Kingdom Bio-Ketones Market by Product Type
9.2.5.4.2United Kingdom Bio-Ketones Market by Application
9.2.5.5Russia Bio-Ketones Market
9.2.5.5.1Russia Bio-Ketones Market by Product Type
9.2.5.5.2Russia Bio-Ketones Market by Application
9.2.5.6Rest of Europe Bio-Ketones Market
9.2.5.6.1Rest of Europe Bio-Ketones Market by Product Type
9.2.5.6.2Rest of Europe Bio-Ketones Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Bio-Ketones Market Overview
9.3.2Asia-Pacific Bio-Ketones Market Forecasts and Analysis
9.3.3Asia-Pacific Bio-Ketones Market Forecasts and Analysis - By Product Type
9.3.4Asia-Pacific Bio-Ketones Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Bio-Ketones Market Forecasts and Analysis - By Countries
9.3.5.1Australia Bio-Ketones Market
9.3.5.1.1Australia Bio-Ketones Market by Product Type
9.3.5.1.2Australia Bio-Ketones Market by Application
9.3.5.2China Bio-Ketones Market
9.3.5.2.1China Bio-Ketones Market by Product Type
9.3.5.2.2China Bio-Ketones Market by Application
9.3.5.3India Bio-Ketones Market
9.3.5.3.1India Bio-Ketones Market by Product Type
9.3.5.3.2India Bio-Ketones Market by Application
9.3.5.4Japan Bio-Ketones Market
9.3.5.4.1Japan Bio-Ketones Market by Product Type
9.3.5.4.2Japan Bio-Ketones Market by Application
9.3.5.5South Korea Bio-Ketones Market
9.3.5.5.1South Korea Bio-Ketones Market by Product Type
9.3.5.5.2South Korea Bio-Ketones Market by Application
9.3.5.6Rest of Asia-Pacific Bio-Ketones Market
9.3.5.6.1Rest of Asia-Pacific Bio-Ketones Market by Product Type
9.3.5.6.2Rest of Asia-Pacific Bio-Ketones Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Bio-Ketones Market Overview
9.4.2Middle East and Africa Bio-Ketones Market Forecasts and Analysis
9.4.3Middle East and Africa Bio-Ketones Market Forecasts and Analysis - By Product Type
9.4.4Middle East and Africa Bio-Ketones Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Bio-Ketones Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Bio-Ketones Market
9.4.5.1.1South Africa Bio-Ketones Market by Product Type
9.4.5.1.2South Africa Bio-Ketones Market by Application
9.4.5.2Saudi Arabia Bio-Ketones Market
9.4.5.2.1Saudi Arabia Bio-Ketones Market by Product Type
9.4.5.2.2Saudi Arabia Bio-Ketones Market by Application
9.4.5.3U.A.E Bio-Ketones Market
9.4.5.3.1U.A.E Bio-Ketones Market by Product Type
9.4.5.3.2U.A.E Bio-Ketones Market by Application
9.4.5.4Rest of Middle East and Africa Bio-Ketones Market
9.4.5.4.1Rest of Middle East and Africa Bio-Ketones Market by Product Type
9.4.5.4.2Rest of Middle East and Africa Bio-Ketones Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Bio-Ketones Market Overview
9.5.2South and Central America Bio-Ketones Market Forecasts and Analysis
9.5.3South and Central America Bio-Ketones Market Forecasts and Analysis - By Product Type
9.5.4South and Central America Bio-Ketones Market Forecasts and Analysis - By Application
9.5.5South and Central America Bio-Ketones Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Bio-Ketones Market
9.5.5.1.1Brazil Bio-Ketones Market by Product Type
9.5.5.1.2Brazil Bio-Ketones Market by Application
9.5.5.2Argentina Bio-Ketones Market
9.5.5.2.1Argentina Bio-Ketones Market by Product Type
9.5.5.2.2Argentina Bio-Ketones Market by Application
9.5.5.3Rest of South and Central America Bio-Ketones Market
9.5.5.3.1Rest of South and Central America Bio-Ketones Market by Product Type
9.5.5.3.2Rest of South and Central America Bio-Ketones Market by Application

10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11.BIO-KETONES MARKET, KEY COMPANY PROFILES
11.1.BIO BRANDS LLC
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.CALDIC B.V.
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.CELTIC RENEWABLES
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.EASTMAN CHEMICAL COMPANY
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.GENOMATICA, INC
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.GREEN BIOLOGICS
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.LANZATECH
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.MERCK KGAA
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.NUTRA GREEN BIOTECHNOLOGY CO.
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.SIGMA-ALDRICH CO. LLC
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments

12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
The List of Companies

1. Bio Brands LLC
2. Caldic B.V.
3. Celtic Renewables
4. Eastman Chemical Company
5. Genomatica, Inc
6. Green Biologics
7. LanzaTech
8. Merck KGaA
9. Nutra Green Biotechnology Co.
10. Sigma-Aldrich Co. LLC

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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