Chemicals

Monthly Advisory

Acetone
Acetone

Acetone is consumed majorly by the pharmaceuticals, paint and the cosmetics sector in India, together accounting for about 80-90% of total consumption. Demand usually peaks during March â€â€Å" June, while it slows down during the winter months due to demand slowdown from the paint and pharmaceutical industries.

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Acetone has registered a negative CAGR of about -0.415 during the last decade, and though demand has grown at a decent pace, poor output has forced a net increase in imports. Acetone's most widespread application is as a solvent and as acetone cyanohydrin, a precursor to methyl meth-acrylate. It is used for thinning polyester resin, cleaning tools and dissolving two-part epoxies and superglue before they harden.

As a heavy-duty degreaser, it is also useful in the preparation of metal prior to painting. Although itself flammable, acetone is used extensively as a solvent for the safe transporting and storing of acetylene, which cannot be safely pressurized as a pure compound.

Consult with our team of experts for an in-depth assessment of the Indian Acetone market. We scour the industry for the latest updates across all business segments, and use our contacts to bring you unmatched market analyses. Our team is highly experienced and our aim is to add value to your business.

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