Acetone Market Trends, Size, Analysis and Overview

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Date Submitted: 08/29/2016 03:53 AM

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Technavio Announces the Publication of its Research Report Global Acetone Market 2016-2020

Technavio recognizes the following companies as the key players in the global acetone market: BASF, CEPSA, Dow Chemical, INEOS, and Shell Chemicals.

Commenting on the report, an analyst from Technavios team said: Growing use of polycarbonate in the automotive industry will be a key trend for market growth. Polycarbonate is being considered as a substitute for glass and metal in the automotive industry. The material is increasingly preferred for lighting applications such as light housings, headlamp lenses, and bezels that require exceptional transparency, high temperature resistance, and high impact resistance. Further, polycarbonate offers better functional integration and designing freedom.”

Browse full report with TOC@ https://marketreportscenter.com/reports/368500/global-acetone-market-2016-2020

According to the report, one of the key drivers for market growth will be increasing demand by dermatologists. Acetone is used for skin and acne treatment. Acetone preserves the polymer film masque in a liquid form. It serves as an activating intermediary that converts the liquid into a film; when the liquid comes in contact with the skin, the acetone evaporates before being absorbed through the skin. It is also used in sunscreens as an agent that removes natural oils and greases on the skin and to eliminate possible residues of other cosmetics. This facilitates the penetration and consistent spread of the active compounds of the sunscreen, thereby increasing its efficiency.

Further, the report states that increasing demand for bio-based solvents will be a challenge for the market. The rising demand for bio-based solvents will hinder the growth of the global acetone market during the forecast period. Acetone is consumed for tool and brush cleaning, heavy cleaning, and for cleaning paint and resin spills. Bio-solvent is an eco-friendly alternative to conventional...

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