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| Product Name | Acetone or Propanone |
| HS Code | 29141100 |
| Molecular Weight | 58.08 g/mol |
| Chemical Formula | C3H6O |
| 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 |
Request for Real Time Acetone or Propanone Prices: https://www.procurementresource.com/resource-center/acetone-or-propanone-price-trends/pricerequest
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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About Us:
Procurement Resource offers 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, irrespective 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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