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Diacetone Alcohol Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research.

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Presentation on theme: "Diacetone Alcohol Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research."— Presentation transcript:

1 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.)

2 www.marketresearchfuture.com2 Diacetone Alcohol Market Research Report- Forecast to 2023 Diacetone Alcohol or DAA, an oxygenated solvent with high solubility property is a derivative of Alcohol with the non- ethanol component. Diacetone Alcohol is prominently used as a solvent in industrial and consumer products for purification process, adhesives, paints, thinners and household cleaners. This is the key factor propelling the market growth and continuing with the same trend; the market will perceive a significant increase. Acknowledging the kind of traction gained by this market, Market Research Future recently published a study report. According to the report, continuing with the same trends, the global DAA market is projected to accrue USD 1,594.5 Million by 2023 at a CAGR of 4.85% during 2017 to 2023. This will be attributed to increased absorption of DAA by the prominent end-use industries. Moreover, DAA is water and oil soluble and hence extensively used across industries such as into paints & coating, textiles, automotive, and oil & gas providing impetus to the market growth. Textile and automotive industry are closely following the leading segment that is paints & coatings industry. Other factors that fuel the DAA market growth include growing population, increasing demand for crude oil and depleting reserves of oil, gas & water, improving economic conditions, industrialization & urbanization. Diacetone Alcohol Market - Overview

3 www.marketresearchfuture.com3 Diacetone Alcohol Market Research Report- Forecast to 2023 MRFR has segmented the market into three key dynamics. By Application: Comprises – Solvents, Chemical Intermediates, Cleaning, Drilling Fluids, Preservatives, and other. By End-Use Industries: Paints & Coating, Textiles, Automotive, Oil & Gas, other. By Regions: North America, Europe, APAC and Rest of the World. Segment Solvents accounts for the leading segment by application with maximum share and is estimated to grow at a CAGR of 5.70%. Chemical intermediate accounts for the second largest segment by applications in the Global DAA Market owning 21% share. Segment Paints & Coatings is a leading segment by End-Use Industries and is expected to reach US$ 610.0 MN, by the end of 2023, growing at highest CAGR. Access Report Details @ https://www.marketresearchfuture.com/reports/diacetone-alcohol-market-3807https://www.marketresearchfuture.com/reports/diacetone-alcohol-market-3807 Segmental Analysis

4 www.marketresearchfuture.com4 Diacetone Alcohol Market Research Report- Forecast to 2023 Regional Outlook The Asia Pacific accounted for the leading market in 2016, possessing the largest market share. Retaining its dominance, the region is estimated to register 5.34% CAGR during the review period. Factors such as rapid industrialization and the presence of numerous producers coupled with the availability of cost-comprehensive labor- force and growing exports drive the regional market growth. North America, accounted for the second largest market, in 2016 and is further expected to reach US$ 331.4 Mn by 2023. The U.S. among the other North American countries, backed by the greater penetration of end-user industries in the country, accounts for the major contributor to the market growth. As the third largest market for Diacetone Alcohol, Europe accounted for of 18% market share in 2016. Germany dominates the European market share in terms of value and volume due to increasing demand for paints & coatings from both household and automotive industry. The Middle East & Africa and Latin America, regions are estimated to grow at a moderate rate during the forecast period.

5 www.marketresearchfuture.com5 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 Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/3807https://www.marketresearchfuture.com/sample_request/3807

6 www.marketresearchfuture.com6 ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.comwww.marketresearchfuture.cominfo@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.

7 www.marketresearchfuture.com7 MARKET RESEARCH FUTURE THANK YOU salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK)


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