As per this study the Global Acetylacetone Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of X%.
Acetylacetone or pentane-2,4-dione is a colorless to pale yellow colored liquid with a characteristic pleasant smell. Synthesis of acetylacetone is done by performing condensation of acetone and acetic anhydride by using boron trifluoride as catalyst under the presence sodium ethoxide. It is used as gasoline and lubricant additive, as desiccant in paints & varnishes, as chemical intermediates for the production of drugs and pesticides and also used as a catalyst in petroleum cracking.
Growing demand and consumption from end-use industries is driving market growth. Use of acetylacetone as a chemical intermediate in the preparation of pesticides such as methyl mepanipyrim, mepanipyrim and herbicide pyrazosulfuron-methyl are fueling the market demand. Rising application as stabilizer for PVC & Polyesters, Fragrances, Biomolecules, and agrochemicals is again pushing the market growth. However, processing of acetylacetone leads to evaporation of VOC compound, which may obstruct the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of acetylacetone.
The broad acetylacetone market has been sub-grouped into application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for acetylacetone in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Acetylacetone Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the acetylacetone market include Chiping Huahao Chemical, Daicel, Fubore and Wacker among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.