Mexico 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 Mexico grew strongly in between 2015-2019 and is expected to further enhance its growth at a CAGR around 3.40% during the forecast period.

Mexico Acetone market demand stood at 59.54 Thousand Tonnes in 2020 and is forecast to reach 83.46 Thousand Tonnes by 2030, growing at a healthy CAGR of 2.82% until 2030. Increasing preference for Acetone as an affordable solvent across end-use industries like pharmaceuticals, cosmetics, paints, and coating, is anticipated to provide an incredible push to the market fundamentals of Acetone 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 demand for acetone in the country is majorly driven by the growth of end-use industries such as personal care, textiles, electronic, cleansing, pharmaceutical, and petroleum. The high demand in the pharmaceutical, cosmetics, and paints & adhesives industry and projected to support the growth of the market in the up[coming years of forecast. Acetone is regarded as a hazardous chemical that significantly affects groundwater and human health. Hence solvent manufacturers are looking for bio-degradable substitutes. The popularity of bio-based solvents is anticipated to increase as acetone disposal is not eco-friendly. Some common substitutes used for solvent manufacturing include surfasolve, bio-solv, replacetone, acastrip r, and methyl acetate. In the paints and coatings industry, acetone is expected to be replaced by Methyl-Ethyl-Ketone (MEK), Trichloroethylene (TCE), tetrachlorethylene.

Under this subscription, you would be able to access Mexico 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 Mexico 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.