Acetone or Propanone Prices: Latest Price, Pricing, News, Market Analysis, Historical and Forecast, Database, Chart
|Product Name||Acetone or Propanone|
|Molecular Weight||58.08 g/mol|
|Synonyms||dimethyl ketone, 2-propanone, and beta-ketopropane.|
|Region/Countries for which Data is available||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand|
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece,
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||Our services can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after service delivery|
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Acetone, also known as propane, is a colourless and transparent liquid solvent with a unique taste and smell that can dissolve some materials like varnish, paint, or grease.
Acetone is naturally available in trees, tobacco, landfills, vehicle exhaust, and also in the body as a result of metabolism. It gets evaporated in the air easily, is flammable, and is also soluble in water.
On a global scale Chinese Taipei, Thailand, South Korea, Saudi Arabia, and Spain are the leading producing countries of Acetone or Propanone.
Key Details About the Acetone or Propanone Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Acetone or Propanone price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Acetone or Propanone price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Acetone or Propanone Price Trend:
Acetone is a critical natural diluent for various sectors, residential, and test center use. It is employed in plastics and industrial product manufacture. It is somewhat used in household products like personal care and cosmetic products. It finds application in the production of nail paint and its remover.
Acetone is also used by companies for grease removal in wool, to get rid of the stickiness of silk, and in protective coatings for cars and furniture. It also finds use in making fibres, chemicals, and drugs. All these Industrial uses of Acetone or Propanone are impacting its price trend.
Key Market Players:
- Honeywell International Inc. (US)
- Dow (US)
- Ineos (UK)
- Formosa Chemicals & Fibre Corp (Taiwan)
- BASF SE (Germany)
- Mitsui Chemicals Inc (Japan)
- Shell Chemical Co (US)
- LG Chem Ltd (South Korea)
- Reliance Chemicals Pvt Ltd (India) and
- Kumho P & B Chemicals (Korea)
News and Events:
- September 5, 2022 – LG Chem in South Korea started to export its primary bio-balanced acetone and phenol in July. It has been certified by the global sustainable, eco-friendly material certification, International Sustainability & Carbon Certification PLUS (ISCC PLUS), using reusable bio-feedstock, including waste cooking oil or biomass.
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