Acetophenone Market Forecast by Key Players: Alfa Aesar, Rhodia, INEOS Phenol, CellMark USA LLC, Tanfac, A.B. Enterprises
Acetophenone Market size is estimated to register a notable growth in the forecast timeframe owing to its rising consumption in perfume & fragrance production. It is an extension of ketone with improved sweet smelling properties.
(EMAILWIRE.COM, August 09, 2018 ) North America acetophenone market was one of the major contributor following Asia Pacific in 2015. Presence of key fragrance and perfume manufacturers mainly in the U.S. will enhance the product penetration. Latin America acetophenone market will witness substantial growth in the forecast timeframe. Rising demand from the end-use industries including consumer goods, pharmaceuticals and food & beverages will drive the regional demand. Growing demand for textile coating and flavoring agents are the key factors fueling the industry demand.
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Acetophenone Market size is estimated to register a notable growth in the forecast timeframe owing to its rising consumption in perfume & fragrance production. 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.
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. Manufacturing process mainly includes reaction of ethyl benzene and oxygen. Heavy R&D and technological advancement in production process has positively influenced the product development. The product has sweet pungent smell of jasmine or orange blossom with considerable odor threshold values.
Changing lifestyle coupled with shifting preference towards luxury products are key driving factors for the industry demand. Moreover, increasing spending on consumer goods including perfume and personal care products will fuel the product price trend. Surging demand for flavoring agents in food & beverages and tobacco will drive the demand.
Acetophenone market is set to witness notable gains from pharmaceutical industry owing to its increasing applications in tablets. Rising demand for hypnotic and anticonvulsant in pharmaceutical industry will fuel the industry growth. Increasing consumption in synthesis of pyrrobutamine, trihexyphenidyl, dextropropoxyphene, pridinol, biperiden, cycrimine, procyclidine, mesuximide, benmoxin and acifran will enhance the product scope in pharmaceutical applications.
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Acetophenone modified resins are extensively used in inks, adhesives and coatings. Resin polymerization process consists product treatment with formaldehyde. Increasing catalyst uses in polymerization process will propel the industry growth. Increasing product uses in production of styrene and phenylethanol has enhanced the product penetration.
Asia Pacific was the dominant region of the acetophenone market share in 2015. Increasing product consumption in organic synthesis and polymerization of olefins will propel revenue growth. Rising demand for high end, luxury and lifestyle products particularly in China and India will drive the demand in this region. China catered for dominating demand for acetophenone followed by India and Japan.
Top key players:
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.
Market share calculation in this report is not done based on companies covered in it. The calculation of acetophenone market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1424
Acetophenone Market size is estimated to register a notable growth in the forecast timeframe owing to its rising consumption in perfume & fragrance production. 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.
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. Manufacturing process mainly includes reaction of ethyl benzene and oxygen. Heavy R&D and technological advancement in production process has positively influenced the product development. The product has sweet pungent smell of jasmine or orange blossom with considerable odor threshold values.
Changing lifestyle coupled with shifting preference towards luxury products are key driving factors for the industry demand. Moreover, increasing spending on consumer goods including perfume and personal care products will fuel the product price trend. Surging demand for flavoring agents in food & beverages and tobacco will drive the demand.
Acetophenone market is set to witness notable gains from pharmaceutical industry owing to its increasing applications in tablets. Rising demand for hypnotic and anticonvulsant in pharmaceutical industry will fuel the industry growth. Increasing consumption in synthesis of pyrrobutamine, trihexyphenidyl, dextropropoxyphene, pridinol, biperiden, cycrimine, procyclidine, mesuximide, benmoxin and acifran will enhance the product scope in pharmaceutical applications.
Request for customization of this report @ https://www.gminsights.com/roc/1424
Acetophenone modified resins are extensively used in inks, adhesives and coatings. Resin polymerization process consists product treatment with formaldehyde. Increasing catalyst uses in polymerization process will propel the industry growth. Increasing product uses in production of styrene and phenylethanol has enhanced the product penetration.
Asia Pacific was the dominant region of the acetophenone market share in 2015. Increasing product consumption in organic synthesis and polymerization of olefins will propel revenue growth. Rising demand for high end, luxury and lifestyle products particularly in China and India will drive the demand in this region. China catered for dominating demand for acetophenone followed by India and Japan.
Top key players:
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.
Market share calculation in this report is not done based on companies covered in it. The calculation of acetophenone market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results