© 2016 Global Market Insights, Inc. USA. All Rights Reserved Acetophenone industry analysis research and trends report for 2017– 2024 Acetophenone Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, UK, Germany, France, Italy, China, Australia, India, Japan, Indonesia, Argentina, Brazil, Saudi Arabia, UAE, Kuwait, ), Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Acetophenone Market size is estimated to register a notable growth in the forecast timeframe owing to its rising consumption in perfume & fragrance production. Strong application outlook in fragrances, pharmaceuticals, resins, laboratory reagent and chewing gums will drive the acetophenone market growth. Increasing product usage as precursor in manufacturing process of several chemicals has enhanced the industry demand. Optimum viscosity, colorless and pungent fragrance are key properties encouraging the product scope. Extensive product usage as perfumery ingredient in detergents, soaps, lotions and creams and as specialty solvent in resins and plastics will drive the acetophenone market. Regulatory claim indicating the product as free from carcinogenic effects in humans will open new opportunities for the industry growth. Global Market Scenario of Acetophenone
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- It is an extension of ketone with improved sweet smelling properties. Natural presence in substantial number of sources including apricot, apple, banana, beef, cauliflower and cheese has enhanced the product development. Optimum viscosity, colorless and pungent fragrance are key properties the product have. Regional Trends:- Asia Pacific was the dominant region of the acetophenone market share in Rising demand for high end, luxury and lifestyle products particularly in China and India will drive the demand in this region. Europe acetophenone market size will witness significant growth in the forecast period. Expansion in the cosmetic industry coupled with increasing consumption in chewing gums, cigarettes and tobacco will fuel the regional demand.
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Competitor Analysis:- The presence of many local players is expected to further drive the growth. Global acetophenone market share is highly competitive. The major industry players include Alfa Aesar, Rhodia, INEOS Phenol, CellMark USA LLC, Tanfac, A.B. Enterprises and Triveni Interchem. Product development, mergers, ventures and product portfolio expansions are the major strategies adopted by the industry participants.
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