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Acetone
Acetone

Acetone also known as propanone, is an important solvent, finding applications both in the laboratory as well as in diverse industries. Acetone is a good solvent for many plastics and some synthetic fibers. It is 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.

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A majority of acetone production in India finds its end use in the pharmaceutical, paint and cosmetic industry, which cumulatively account for more than 80% consumption of acetone in India. Acetone also has major applications in the manufacture of other chemicals, affirming its position as a major feedstock in India. Resembling the consumption pattern of a majority of chemicals, acetone also finds maximum consumption in the northern and western regions of India.

The demand for acetone in the domestic market has almost doubled in the last decade. Due to static production capabilities, the dependency of the country on imports has increased as domestic production struggles to keep up with the demand. A huge disparity in domestic demand and supply status is visible due to lack of any planned projects for acetone production. Since a majority of domestic acetone is fulfilled through imports from other countries, acetone pricing is vulnerable to international demand, supply situation and volatility in the international market.

The primary feedstock for production of acetone is phenol. Most manufacturers, therefore, prefer to have an integrated facility, wherein the phenol production can be used captively for the production of acetone. Displaying this trend, Hindustan Organic Chemicals Limited and Schenectady International Group - India Limited are the only producers of phenol as well as acetone in the country, and between them they carry the heavy burden of catering to the demand for the entire country.

The growth of acetone is highest in Asia, as the continent aims at becoming the global leader in cumene, phenol and acetone integrated production facilities. The global demand for acetone is highest in Asia Pacific followed by United States of and Europe. The leading global producer of acetone is China, which recently initiated plans to break ground on the largest phenol and acetone plant, expected to start production by end of 2016. Globally, the demand for acetone is very high as it finds application in almost every major industry involved in making solvents and bisphenol-A, methyl isobutyl ketone and methyl methacrylate.

Highlights of the Report

  •  Domestic installed capacity, production and demand
  •  Key Manufacturers in India
  •  Domestic Market Share and Trends
  •  Region-wise Demand Distribution
  •  Month-wise Import Quantities
  •  Month-wise Export Quantities
  •  Country-wise Share of Imports
  •  Port-wise Share of Imports
  •  Major End Users, Traders and Distributors
  •  CIF Pricing
  •  Prominent Production Technology Licensors
  •  Industrial Manufacturing Process
  •  Application and Use in Diverse Sectors
  •  Global Market highlights
  •  Health Impacts
  •  Chemical and Physical Properties
  1. Chapter 1: Introduction
    1. Chemical and Physical Properties
    2. Application and Use
    3. Health Impacts
    4. Industrial Manufacturing Process
    5. Prominent Production Technology Licensors
  2. Chapter 2: Indian Scenario
    1. Production and Demand
    2. Region-wise Demand Distribution
    3. Key Producers in India
    4. Market Share and Trends
    5. Import and Exports
      1. Month-wise Import Quantities
      2. Month-wise Export Quantities
      3. Country-wise Share of Imports
      4. Port-wise Share of Imports
    6. Major End Users, Traders and Distributors
    7. Pricing in India
      1. CIF Pricing
  3. Chapter 3: Global scenario

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