Diacetone Alcohol Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt.) Ltd.)

Diacetone Alcohol Market Research Report- Forecast to 2023 The Diacetone Alcohol (DAA) Market is making significant progress as the use of solvent in industrial and consumer products are witnessing a rise. Diacetone alcohol is a highly soluble oxygenated solvent which gets derived from non-ethanol components. It generally finds use in the purification process, and as a component in the manufacturing of adhesives, paints, thinners, and household cleaners. The Global Diacetone Alcohol Market is touted to witness 4.85% CAGR during the forecast period ( ) and can reach an estimated value of USD 1,594.5 million by 2023, reveals Market Research Future (MRFR) in a report published on the same market. The report further includes several factors such as diacetone alcohol’s increasing demand for paints & coatings, textile, automotive sectors as main market drivers. Other segments such as manufacturing of nitrocellulose, acrylic and cellulose acetate lacquers can propel the growth of diacetone alcohol market growth as DAA gets extensively used in these sectors as solvent blends. However, the alternative solvent market can be a significant threat to the Diacetone Alcohol Market growth as the former has the potential to dampen the latter’s market prospect. But changing strategies of the companies and willingness to penetrate the previously untapped developing regions can boost the Diacetone Alcohol Market growth. Diacetone Alcohol Market - Overview

Diacetone Alcohol Market Research Report- Forecast to 2023 The Global Diacetone Alcohol Market can be segmented by Application and End-Use Industry. Application-wise segmentation of the Diacetone Alcohol Market includes solvents, chemical intermediates, cleaning, drilling fluids, and preservatives, and others. Solvents segment hold the maximum market share and is expected to enjoy growth by 5.70% CAGR during the forecast period. Chemical intermediate assumes the second position with around 21% of the entire market share. Based on End-Use Industry, the Diacetone Alcohol can be segmented into paints & coating, textiles, automotive, and oil & gas, and other. Paints & coating industry hogs the maximum share and is expected to grow with the fastest CAGR and reach a valuation of USD 610 million by Textile and automotive industry are also providing much-needed thrust to the market. View Full Press https:// Segmental Analysis

Diacetone Alcohol Market Research Report- Forecast to 2023 Regional Outlook Geographically, the Diacetone Alcohol Market comprises regions namely North America, Asia Pacific (APAC), Europe, Latin America (LATAM), and Middle East & Africa (MEA). The APAC region accounts for the maximum market share and is expected to retain its premier position by expanding the horizon with the fastest CAGR of 5.34% during the forecast period. Increase in export, booming industries, and favorable industrial ambiance are triggering the growth of the regional market. North America is the second largest market with a projected valuation of USD million by The U.S. accounts for the maximum market share and is anticipated to dominate in the coming years as well owing to its densely packed end-user industries. Europe, with almost 18% of the global market share, is doing well in the Global Diacetone Alcohol Market. Germany is the dominant country in the region.

Diacetone Alcohol Market Research Report- Forecast to 2023 Major Players in this Research Diacetone Alcohol Market Prominent Players: Solvay S.A (Belgium) Arkema Group (France) Monument Chemical Inc. (U.S.) Recochem Inc. (Canada) Prasol Chemicals Pvt. Ltd. (India) KH Neochem Co., Ltd. (Japan) Galaxy Chemicals (India) Shanghai Jianyuan Chemical Co.,Ltd. (China) Aareydrugs & Pharmaceuticals Ltd. (India) SRI NEELIMA LABORATORIES (India) Get a Free

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