Increasing consumption of Acetophenone in various applications such as ingredient of fragrances in food & beverages, specialty solvent soaps in plastics and resins and in polymerization of olefins as a catalyst has resulted in growing demand for global acetophenone market. Acetophenone (formula: C6H5C(O)CH3) is an organic compound and the simplest form of sweet-smelling ketone. It is a thick colourless liquid and is an important precursor to useful fragrances and resins. It naturally occurs in apple, cauliflower, apricot, cheese, banana and beef. By different methods, acetophenone can be obtained. Acetophenone is accomplished by reaction of ethyl benzene with oxygen, which is also one of the key manufacturing methods for acetophenone in the industry. However some other manufacturing methods are also witnessing growth in the global acetophenone market.

Acetophenone Market: Drivers & Restraints

One of the key drivers for the global acetophenone market can be attributed to the application of precursor to resins. Also, increasing demand from end use industries such as use in pharmaceuticals, food & beverages, consumer goods (detergent, soaps, lotions and creams) and others (tobacco, chewing gum and cigarettes) are fuelling the growth of the acetophenone market. Increasing disposable income and inclination towards luxury goods in emerging economies is also expected to drive the global acetophenone market in coming five years. However, transient corneal injury and skin irritation in human’s as well as numerous regulations concerns act as restraints in the growth of global acetophenone market.

Acetophenone Market: Region-wise Outlook

The global acetophenone market is dominated by Asia Pacific (excluding Japan) region in terms of global consumption of acetophenone. The emerging economies such as China and India witness an increased demand for high end and luxury products as a result of increase in disposable income and living standard. The Asia-Pacific region is followed by North American region in the global acetophenone market, wherein the U.S. is the key market for perfume & fragrance manufacturers. Furthermore, Western European region is the next key region, in the global acetophenone market. The Western European region accounts for a large number of fragrance manufacturers, resulting in high demand for acetophenone.

Acetophenone Market: Key Players

Some of the key market players in the global Acetophenone market include Rhodia, Alfa Aesar, CellMark USA LLC, INEOS Phenol and many others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Regional analysis includes

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Acetophenone Market: Segmentation
On the basis of End-User, the global acetophenone market has been broadly segmented into:

Resins
Perfumes & Fragrances
Pharmaceutical Products
Others
On the basis of regions the global acetophenone market has been segmented into

North America
Latin America
Eastern Europe
Western Europe
Asia Pacific Excluding Japan (APEJ)
Japan
The Middle East and Africa (MEA)
Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint