Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Acetone 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; Customisation of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of Acetone 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.
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Product Description:
A chemical substance having the formula (CH3)2CO is acetone, also known as propanone or dimethyl ketone. The smallest and most basic ketone. It is an odourless, colourless liquid that is very flammable and volatile.
Regions Covered to Evaluate Acetone Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Acetone Price Trend:
Although acetone has several applications, it is most frequently used to clean machinery or as a solvent in manufacturing or production. Acetone can be used with lacquers, varnishes, rubber, plastics, waxes, resins, fats, oils, and waxes.
Key Market Players:
- Formosa Chemicals and Fibre Corporation (FCFC)
- Royal Dutch Shell plc
- INEOS Phenol GmbH
- Mitsui Chemicals Inc.
- Cepsa Química, S.A.
News and Events:
At its petrochemical complex in Yeosu, South Korea, Lotte GS Chemical Corp. will produce more than 565,000 tons of phenol and acetone annually using Honeywell UOP Q-Max, Phenol 3G, and Evonik MSHP technology, according to a March 2021 Honey announcement fromwell.
About Us:
Procurement Resource is Claight's subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, regardless of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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