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| Report Features | Details |
| Product Name | Acetone |
| Region/Countries Covered |
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| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Request for Real Time Acetone Prices: https://www.procurementresource.com/resource-center/acetone-price-trends/pricerequest
Acetone is a liquid solvent and is also referred to as propane. It is transparent and colourless in appearance. The chemical formula of acetone is C3H6O, and its molecular weight is 58.08 g/mol.
It gets quickly evaporated when it is exposed to the air. It is flammable in nature and is soluble in water. It can dissolve in various materials such as paints, varnish, and grease. The density of acetone is 784 kg/m³ and its boiling point and melting point are 56 °C and -95 °C respectively.
It is produced through direct or indirect processes using propylene. The 90 percent synthesis of acetone is carried out by cumene. Acetone and phenol are both manufactured simultaneously. The principal production process includes the reaction of benzene and propylene with a catalyst made of phosphoric acid or zeolite.
The leading acetone-producing countries are Chinese Taipei, Thailand, South Korea, Saudi Arabia, and Spain.
Key Details About the Acetone Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Acetone price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Acetone Price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Acetone Price Trend
Acetone is a crucial natural diluent that is extensively employed in various industries, homes, and testing facilities. Various industrial products and plastics both use acetone. It is also used in household items, personal care, and cosmetics.
It is utilised in the manufacturing of both nail paint and remover. It is also used to clean wool of grease, remove silk's stickiness, protective finishes to cars, and coat furniture
Additionally, it is utilised in the production of medicines, chemicals, and other products.
Key Market Players:
- Formosa Chemicals and Fibre Corporation (FCFC),
- Royal Dutch Shell plc,
- INEOS Phenol GmbH,
- Mitsui Chemicals Inc.,
- Cepsa Química, S.A.
News and Events:
- September 05, 2022: The primary bio-balanced acetone and phenol were exported by the South Korean company LG Chem. It has received accreditation from the international organisation for the certification of sustainable, International Sustainability, environmentally friendly materials, and Carbon Certification PLUS.
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About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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