Italy Acetone Market Analysis Plant Capacity, Production, Operating Efficiency, Technology, Demand & Supply, End User Industries, Distribution Channel, Region-Wise Demand, Import & Export , 2015-2030

The Demand for Acetone in Italy Experienced An Exponentially Growth Till Fy19 and is Perceived to Augment at a CAGR of Around 5.0% During the Forecast Period.

Italy Acetone market demand stood at 135.04 Thousand Tonnes in 2020 and is forecast to reach 173.65 Thousand Tonnes by 2030, growing at a healthy CAGR of 2.85% until 2030. Demand for Acetone in Italy is anticipated to grow commendably in the forecast period backed by the consistent increase in the number of investments to manufacture its high valued derivatives like Bisphenol A, Methyl Methacrylate, and Isopropyl Alcohol on the back of their consistent increase in demand. In addition, the surging demand for Acetone as a quality solvent owing to the ideal properties and the reliable cost is anticipated to enhance its preference significantly over other available substitutes in the forecast period.

Due to the outbreak of COVID-19 in 2020, the world economy was disrupted. The market was affected drastically, and production and manufacturing units were shut down. Furthermore, the major market players intentionally halted the production keeping their employee’s health and wellness in mind. With imposed new regulations of the COVID-19 and proper precautions, the market is anticipated to regain its growth in the years to come. The pandemic is slowly being subsided and the effects are tried to be overcome by various methods. Once the market regains the full function of its production unit, the market is bound to show robust growth in the forecast period. The country suffered drastically during the first wave of infection in January 2020, which halted the complete economy of the country. The lockdown conditions were so severe although, by the end of June 2021, the imposed lockdown is expected to be relieved to a greater extent and the market is expected to regain its composure soon.

Produced as a by-product of phenol manufacturing, acetone is a flammable, colorless, volatile liquid that is a commonly used industrial solvent. Cumene process, Wacker process, and dry distillation are some of the other methods of manufacturing the acetone with the industrial-grade quality. The Cumene process is the most widely used method for producing both acetone and phenol. Acetone is further oxidized and treated to manufacture Bisphenol A (BPA), Methyl Methacrylate (MMA), and solvents.

Under this subscription, you would be able to access Italy Acetone market demand and supply analysis on a cloud-based platform for one year. The data is updated on a near real-time basis to add any new movement in the industry including but not limited to new plant announcements, plant shutdowns, temporary disruptions in demand or supply, news and deals, and much more specific to Acetone.

Years Considered for Analysis:

• Historical Years: 2015 - 2018
• Base Year: 2019
• Estimated Year: 2020
• Forecast Period: 2021 - 2030

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Deliverables

• Installed Capacity By Company: Installed capacity within the country along with the individual capacity of leading players
• Installed Capacity By Location: Installed capacity at several locations across the country
• Installed Capacity By Process: Installed capacity by different processes
• Installed Capacity By Technology: Installed capacity by different technologies being used to produce Acetone
• Production By Company: Actual production done by different companies
• Operating Efficiency By Company: Operating efficiency at which different companies are operating their plants
• Demand By End Use: Demand/Sale of Acetone in different end user industries across the country
• Demand By Sales Channel: Demand/Sale of Acetone by different sales channels across the country
• Demand By Region: Demand/Sale of Acetone in different regions of the country
• Country-Wise Exports: Exports of Acetone by Different Countries
• Country-Wise Imports: Imports of Acetone by Different Countries
• Demand & Supply Gap: Demand & Supply Gap at country level
• Market Share of Leading Players: Revenue shares of leading players in the country
• News & Deals: Historical & Current News & Deals in Acetone market

To extract data for the Italy Acetone market, the analyst conducts primary research surveys with Acetone manufacturers, suppliers, distributors, wholesalers, and customers followed by exhaustive secondary research to cross-validate the information being collected through primary research surveys.