Acetophenone Market - Global Industry Expert Opinions Analysis, Emerging Opportunities, Market Size, Share , Growth Drivers, Market Trends, Statistics And Forec ast 2015 - 2020
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Report Description Acetophenone is an organic compound and one of the simplest forms of ketone. Acetophenone is a viscous colorless liquid and is an important precursor in the production of fragrances and resins. The applications of acetophenone include resin precursors, pharmaceuticals, fragrances, chewing gums and it is also used as a laboratory reagent. The demand for acetophenone across the globe is expected to show strong growth in the next few years Acetophenone are used in applications such as perfumes and fragrances while it also acts as a precursor in the production process of various chemicals. This makes acetophenone a major form of ketone to be produced commercially. In, terms of demand the demand for acetophenone is high from the perfumes and fragrances market where acetophenone is an essential ingredient for creating fragrances resembling cherry, almond, jasmine, honeysuckle and strawberry fragrances. Complete Report with TOC @ http://www.mrrse.com/acetophenone-market .
Scope The demand for acetophenone is expected to stem from the emerging economies of Asia Pacific such as China and India as well as countries such as Indonesia, Malaysia etc. Growing disposable income in these regions is expected to drive the market demand for acetophenone in Asia Pacific. With growing consumer spending of luxury products such as perfumes and fragrances is expected to further drive the demand for acetophenone which is one of the main ingredients of perfumes. With growing economies of Asian countries has led to an increase in the expenditure on lifestyle products thus, the demand for perfumes and other lifestyle products has seen a spike in these region. With increased demand for perfumes, the demand for acetophenone is expected to increase especially in these regions. In terms of acetophenone production, Asia Pacific was the major producer of acetophenone followed by North America and Europe. Consumption pattern of acetophenone was similar to the production pattern across the globe. In terms of consumption, Asia Pacific was the major consumer of acetophenone, globally. Asia Pacific was followed by North America, Europe and Rest of the World.
Key Players Some of the major companies operating in the global acetophenone market are Rhodia, CellMark USA LLC, Alfa Aesar and INEOS Phenol among others.
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