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World - Acetone - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

World - Acetone - Market Analysis, Forecast, Size, Trends And Insights

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Dec 3, 2024

Top Import Markets for Acetone

Acetone is a widely used chemical solvent that is primarily used in the production of plastics, fibers, and pharmaceuticals. With a global market value of over $1.1 billion in 2023, the import market for acetone is thriving. According to data from the IndexBox market intelligence platform, the top 10 countries by import value of acetone are as follows:

1. China - $308.3 Million USD

China tops the list as the world's largest importer of acetone, with an import value of $308.3 million in 2023. The country's strong demand for acetone is driven by its booming manufacturing sector, which heavily relies on acetone for the production of various consumer goods.

2. Belgium - $188.7 Million USD

Belgium comes in second place with an import value of $188.7 million in 2023. The country serves as a key hub for the distribution of acetone across Europe, making it a significant player in the global acetone import market.

3. Netherlands - $156.6 Million USD

The Netherlands follows closely behind Belgium with an import value of $156.6 million in 2023. The country's strategic location and well-developed transportation infrastructure make it an ideal entry point for acetone shipments into Europe.

4. India - $94.0 Million USD

India ranks fourth on the list with an import value of $94.0 million in 2023. The country's growing chemical industry and expanding manufacturing sector are driving the demand for acetone in the region.

5. Germany - $93.7 Million USD

Germany is the fifth-largest importer of acetone, with an import value of $93.7 million in 2023. The country's strong industrial base and advanced manufacturing capabilities contribute to its significant acetone imports.

6. Mexico - $56.8 Million USD

Mexico holds the sixth position with an import value of $56.8 million in 2023. The country's close proximity to the United States and its growing chemical industry are key factors driving its acetone imports.

7. Switzerland - $56.5 Million USD

Switzerland ranks seventh on the list with an import value of $56.5 million in 2023. The country's stable economy and favorable business environment make it an attractive destination for acetone imports.

8. Italy - $55.8 Million USD

Italy is the eighth-largest importer of acetone, with an import value of $55.8 million in 2023. The country's strong manufacturing sector and well-established chemical industry contribute to its significant acetone imports.

9. Turkey - $40.4 Million USD

Turkey holds the ninth position with an import value of $40.4 million in 2023. The country's growing industrial sector and increasing demand for acetone in various applications are driving its acetone imports.

10. United States - $39.8 Million USD

The United States rounds out the top 10 list with an import value of $39.8 million in 2023. While the country is a major producer of acetone, it also imports significant quantities to meet its domestic demand.

Overall, the global acetone import market is dynamic and competitive, with key players such as China, Belgium, and the Netherlands leading the way. The demand for acetone is expected to continue to grow in the coming years, driven by the expanding chemical and manufacturing industries worldwide.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global acetone market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20146211 - Acetone

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

BASF, LyondellBasell Industries Holdings B.V., SABIC, Royal Dutch Shell Co., Honeywell International Inc, INEOS Phenol, Shell Chemicals, Westlake Chemical, Dow Chemical, Sunoco, Domo Chemicals, Real Industrial Chemicals ltd, The Chemical Company (TCC), Reda Chemicals India Pvt Ltd, Fine Chemicals & Scientific Company, Thinchem Corporation, Garg Chemical Industries, Goyal Chem Associates, Hwatsi Chemical Pvt Ltd, Pearl Chemicals Supplier, Arihant Solvents Chemicals, Finornic Chemicals, Galaxy Chemicals, Altivia, Mitsui & Co., Ltd.

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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