Acetophenone
(CAS 98-86-2) Market
Acetophenone (CAS 98-86-2) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Acetophenone (CAS 98-86-2) Market Size and Growth
The Acetophenone market (CAS 98-86-2) is experiencing steady growth, driven by increasing demand in various applications, including pharmaceuticals, fragrances, and agrochemicals. As of 2023, the market size is estimated at approximately USD 200 million, with a projected CAGR of 4.5% over the next five years, reflecting robust industrial utilization.
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Companies Covered
(Covid 19 Impact Covered)
◍ Versalis
◍ Ineos
◍ Haicheng Liqi
◍ Seqens
◍ SI Group
◍ Mitsui Chemicals
◍ Xingli Huiyuan
◍ Jiangsu Yalong Chemical
◍ Solvay
◍ Haiwang Fine Chemical
◍ Zhongliang
◍ Yingyang Favors & Fragrance
The Acetophenone market features key players such as Versalis, Ineos, and Solvay, focusing on applications in fragrances, flavors, and chemicals. Companies like Mitsui Chemicals and SI Group drive innovation and expand production, while Haicheng Liqi and Jiangsu Yalong Chemical enhance supply chains. Specific sales revenue data is not disclosed.
Market Segmentation
By Application
Industrial Solvent
Pharmaceutical Industry
Flavor and Fragrance
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By Product
Cumene Process
Ethylbenzene Process
Market Growth
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$ X Billion USD
