Global Diacetone Alcohol Market 2018-2022

The diacetone alcohol market size will grow by 127.49 kilotons during 2018-2022. This report offers an analysis of the market based on application (solvents, chemical intermediates, drilling fluids, and others) and geography (Americas, APAC, and EMEA). This diacetone alcohol market research report further analyzes the market’s competitive landscape and offers information on several companies including Arkema, KH Neochem, Monument Chemical, Solvay, and Tokyo Chemical Industry.

Below are some of the key findings from this diacetone alcohol market research report

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Global diacetone alcohol industry overview

Our diacetone alcohol market analysis identifies the growth of the paints and coatings sector as the major factor driving the global diacetone alcohol market growth. Diacetone alcohol is used in paints and coatings products extensively due to the low concentration of volatile organic compounds and benefits like better quality, quick dry time, brilliant gloss, and high film-forming ability. The global paints and coatings market is growing at a fast pace with more than USD 150 billion value and is expected to register a CAGR of almost 6%, influenced by the booming construction sector. This growth from the paints and coating market is directly driving the need for diacetone alcohol and growth of this market.

One of the key diacetone alcohol market trends gaining traction is the surge in demand from the textile industry. Diacetone alcohol’s excellent solvency has led to its usage in the textile industry as a stripping agent. Diluted diacetone alcohol is being extensively used to remove gums, oils, and other undesirable substances from fibers of raw textiles. Our diacetone alcohol market forecast predicts that fueled by these factors, the diacetone alcohol market will grow at a CAGR of 5% during the forecast period.

Top diacetone alcohol companies covered in this market research report

The diacetone alcohol market is moderately fragmented with the presence of several players who compete on product performance and quality, price, product availability, and security of supply. The market is currently in its growth phase and filled with opportunities. By offering a complete analysis of the market’s competitive landscape and information on the products offered by the companies, this diacetone alcohol industry analysis report will help clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• Arkema
• KH Neochem
• Monument Chemical
• Solvay
• Tokyo Chemical Industry

Diacetone alcohol market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period.

Diacetone alcohol market segmentation based on application

• Solvents
• Chemical intermediates
• Drilling fluids
• Others

The solvents segment will lead the diacetone alcohol market share during the forecast period and account for the highest growth in the market. Additionally, this report also provides an accurate prediction of the contribution of the various application segments to the growth of the diacetone alcohol market size.

Key highlights of the global diacetone alcohol market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the diacetone alcohol market during the next five years
• Precise estimation of the global diacetone alcohol market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the diacetone alcohol industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of diacetone alcohol companies

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