01 Industry overview
The acetone industry at a glance
The global acetone market was valued at $7.07 billion in 2025, with Asia-Pacific holding 43.9% of revenue and demand supported by solvents, plastics, coatings, pharmaceuticals and electronics.
- $7.07B[64]
- Global market size, 2025
- 9.41%[64]
- Forecast CAGR, 2026–2034
- 43.9%[64]
- Asia-Pacific share, 2025
- 4.87M tons[19]
- U.S. production, 2024
- Market size
- The global acetone market was valued at $7.07 billion in 2025 and is estimated at $7.74 billion in 2026. The U.S. produced 4.87 million short tons of acetone in 2024 across the equipment included in the USITC’s industry data.[64][19]
- Forecast & CAGR
- Fortune Business Insights forecasts the global market to reach $15.89 billion by 2034, representing a 9.41% CAGR from 2026 to 2034. A separate 2026 industry forecast estimates $12.2 billion by 2035 at a 5.8% CAGR, illustrating the range of published market assumptions.[64][13]
- Market share & regions
- Asia-Pacific accounted for 43.9% of global acetone-market revenue in 2025 according to Fortune Business Insights. S&P Global identifies mainland China as the largest production region, followed by other Asia-Pacific markets, the Americas and Europe.[64][27]
- Segmentation
- Technical-grade acetone represented 97.1% of market revenue in 2025, while solvents were the largest application at 33.7%. The market is also segmented by use in methyl methacrylate, bisphenol A, coatings, pharmaceuticals, cosmetics and electronics.[12][64]
- Key players & concentration
- The leading producers and suppliers include INEOS Phenol, Shell, LyondellBasell, Mitsui Chemicals, Dow, SABIC, Arkema and Solvay. One 2026 market estimate places the top five companies at 45% of 2025 market share, with INEOS Phenol above 14%.[13][12]
- Pricing
- PTT Global Chemical reported an average Asian acetone price of $607 per ton in 2025, down $232 per ton from 2024. For Q2 2026, reported regional averages were $1,727 per ton in North America, $1,151 in Europe and $1,006 in Asia-Pacific.[65][66]
- Trends, drivers & challenges
- Demand is supported by paints and coatings, pharmaceuticals, personal care, plastics and electronics, while acetone supply remains closely linked to phenol production because most global acetone is produced as a phenol co-product. Producers face energy costs, carbon costs, Chinese capacity additions, weak downstream demand and periodic plant outages.[27][18][65]
- Consumer behavior & competition
- Acetone demand is primarily industrial rather than consumer-led: manufacturer-to-end-user distribution represented 80.3% of revenue in 2025, while solvents accounted for 33.7% of applications. Competition is shaped by integrated phenol-acetone producers, regional freight economics, feedstock costs and supply reliability.[12][13]
- Regulation
- In the United States, OSHA lists an acetone permissible exposure limit of 1,000 ppm as an eight-hour time-weighted average; NIOSH’s recommended limit is 250 ppm. EPA identifies acetone as a volatile organic compound, while VOC exemptions do not remove obligations under other health, environmental or safety regulations.[67][68]
- Latest news
- INEOS announced in June 2025 its intention to permanently stop production at its Gladbeck, Germany site, citing European energy and carbon costs, Chinese competition and weak local demand. In 2026, the company postponed a possible late-2027 restart of its Antwerp phenol plant because market conditions remained insufficiently sustainable.[18]
U.S. producers' practical acetone production
U.S. producers' practical acetone production fell from 1.2M short tons in 2019 to 952K short tons in 2024.
02 Trends & forecasts
Top 10 Acetone Industry Trends & Forecasts 2027
What is changing in the acetone industry, with the evidence behind each trend and a forecast for 2027.
Forecasts were generated by an AI model from the cited evidence. They are estimates, not guarantees.
01Global demand continues expanding
Medium confidencePublished market estimates place global acetone revenue at approximately $6.9 billion in 2025 and $7.5 billion in 2026, with a projected $13.4 billion by 2033 at an 8.7% CAGR. The estimates indicate continued volume and value growth across solvents, coatings, pharmaceuticals, plastics and electronics.[12]
Forecast 2027: Global acetone demand should grow in 2027, but likely below the highest published long-term assumptions if industrial and construction activity remains uneven. A mid-to-high single-digit expansion is the most plausible base case.
02Asia-Pacific retains market leadership
High confidenceAsia-Pacific accounted for 47.8% of global acetone-market revenue in 2025 in Grand View Research’s estimate. Regional strength reflects concentrated phenol-acetone production, expanding polycarbonate and electronics manufacturing, and construction activity.[12][20]
Forecast 2027: Asia-Pacific should remain the largest acetone market in 2027 and continue to attract most incremental capacity. China is likely to remain the principal source of regional supply, increasing competitive pressure on producers elsewhere.
03Chinese capacity keeps supply long
High confidencePTT Global Chemical reported that 0.4 million tonnes per year of new acetone capacity entered the market in 2025 and projected a further 0.7 million tonnes per year of acetone capacity additions in 2026, mainly from low-cost Asian producers. S&P Global also identifies large Chinese capacity additions as a driver of ongoing oversupply.[65][27]
Forecast 2027: Supply is likely to remain structurally long in 2027, particularly in Asia. Producers will probably rely on operating-rate controls, exports and downstream integration rather than broad-based price increases to balance the market.
04Phenol co-production constrains flexibility
High confidenceAcetone is identified as a phenol by-product in PTT Global Chemical’s 2025 report. This links acetone availability to phenol operating rates and downstream demand, rather than allowing producers to adjust acetone output independently.[65]
Forecast 2027: In 2027, acetone supply will continue to track phenol and bisphenol-A economics closely. Periods of strong phenol demand may create excess acetone, while phenol shutdowns can produce abrupt regional tightness.
05Prices remain highly volatile
High confidencePTT Global Chemical reported an average Asian acetone price of $607 per tonne in 2025, down $232 per tonne from 2024. S&P Global reported a U.S. spot assessment of $1,547 per metric tonne on April 14, 2026, after outages and export demand sharply tightened availability.[65][27]
Forecast 2027: 2027 pricing should remain cyclical rather than follow a smooth upward trend. Asian prices are likely to stay under pressure from new capacity, while North American and European prices will remain vulnerable to outages, freight constraints and regional import shortages.
06Regional supply disruptions raise premiums
High confidenceS&P Global reported that multiple production outages, elevated feedstock costs and stronger demand from Europe and Latin America created a U.S. acetone seller’s market in April 2026. The same report said availability became constrained and prices reached their highest level since February 2024.[27]
Forecast 2027: Supply interruptions will continue to cause short-lived regional premiums in 2027. Buyers are likely to carry more inventory and diversify suppliers, particularly where local production is concentrated among integrated phenol-acetone plants.
07U.S. utilization remains below capacity
High confidenceUSITC data show U.S. acetone production of 952,461 short tons in 2024 on practical acetone capacity of 1,383,356 short tons, implying 68.9% utilization. Production declined every year from 2019 through 2024, although interim 2025 production was 12.1% above interim 2024.[19]
Forecast 2027: U.S. operating rates should improve selectively in 2027 if downstream demand recovers, but a return to consistently high utilization is unlikely while imports, outages and weak phenol-chain margins continue to influence production decisions.
08European production remains under pressure
High confidenceINEOS postponed a possible late-2027 restart of its Antwerp phenol plant because market conditions were not sustainably strong enough. The company cited weak European demand, Chinese automotive imports, high European energy costs and carbon taxation; its Gladbeck site is expected to continue production beyond 2027.[18]
Forecast 2027: Europe is likely to remain a high-cost, supply-sensitive acetone region in 2027. Further rationalization or prolonged idling is more likely than major greenfield capacity additions, increasing reliance on imports and regional logistics.
09Solvent applications remain the base
Medium confidenceMarket research identifies solvents as the largest acetone application, while Grand View Research describes demand across solvents, methyl methacrylate, bisphenol A, pharmaceuticals, coatings and electronics. S&P Global reported that paint and coatings demand was firm and pharmaceutical-driven demand stable in its 2024 outlook.[12][27]
Forecast 2027: Solvents should remain the largest demand pool in 2027, supported by coatings, cleaning and chemical processing. Growth will be steadier than in more cyclical intermediate applications, but still sensitive to construction and manufacturing activity.
10Electronics grades grow faster
Medium confidenceGlobal Market Insights estimates electronic and semiconductor-grade acetone as the fastest-growing grade category, with a 9.0% CAGR and revenue rising from $0.17 billion in 2025 to approximately $0.40 billion in 2035. The report links growth to wafer cleaning and tighter impurity-control requirements.[13]
Forecast 2027: High-purity acetone should outpace bulk technical-grade demand in 2027 as semiconductor and advanced electronics production expands. Suppliers will compete increasingly on contamination control, certification, packaging and reliable local delivery rather than only on price.
03 Statistics
Technology & Innovation
Digital Transformation in the chemicals and materials sector (sector benchmark)
- Across European chemical subindustries, 65% of companies viewed digitalization as an opportunity that would significantly impact their activities in 2024.[1]
- Among EII businesses, 68% reported adopting AI in 2024, with an estimated 10% productivity increase.[1]
- Among ASUG chemicals-industry members, 57% identified moving to SAP S/4HANA as a top focus area in 2025.[2]
- Among ASUG chemicals-industry members, 46% ranked automation among their leading technology focus areas in 2025.[2]
Technology Adoption in the chemicals and materials sector (sector benchmark)
- Among chemicals organizations surveyed by IBM, 49% had implemented AI for quality inspection or defect detection in 2025.[3]
- Among chemicals organizations surveyed by IBM, 45% had implemented AI for supply-chain optimization in 2025.[3]
- Among chemicals organizations surveyed by IBM, 53% had implemented AI for real-time process control and optimization in 2025.[3]
- Among chemicals organizations surveyed by IBM, 49% had implemented AI for production planning and scheduling in 2025.[3]
Cloud Computing in the chemicals and materials sector (sector benchmark)
- Across chemical-sector companies surveyed by Arthur D. Little and Cefic, 15% planned to migrate to cloud computing in coming years in 2023.[4]
- Across chemical-sector companies surveyed by Arthur D. Little and Cefic, more than 35% had at least partially migrated to cloud computing in 2023.[4]
- Among EII businesses, 52% reported increased productivity from cloud computing in 2024, while 46% reported no change.[1]
- Among EII businesses, 2% reported decreased productivity from cloud computing in 2024.[1]
Big Data in the chemicals and materials sector (sector benchmark)
- Among EII businesses, 48% reported increased productivity from big data in 2024.[1]
- Among EII businesses, 6% reported decreased productivity from big data in 2024.[1]
- Among ASUG chemicals-industry members, 49% cited gaining actionable insights from data and analytics as a current challenge in 2025.[2]
- Among EII businesses, 44% reported no productivity change from big data in 2024.[1]
IoT in the chemicals and materials sector (sector benchmark)
- Across European countries, 29% of firms used IoT on average in 2021.[5]
- Across 23 European countries, close to one-third of manufacturing firms used IoT in 2021.[5]
- Among EII businesses, 44% reported increased productivity from IoT in 2024.[1]
- Among EII businesses, 56% reported no productivity change from IoT in 2024.[1]
Innovation in the acetone industry
- 6 patent citations are listed for a 2022 acetone production-process patent focused on direct synthesis from synthesis gas.[6]
- 1 patent application published in 2024 describes a process for producing acetone directly from synthesis gas rather than relying on conventional propylene or phenol-linked routes.[7]
- 1 patent application published in 2026 covers acetone production from ethanol and water using controlled oxygen concentration and reaction conditions, assigned to Nippon Shokubai Co., Ltd.[6]
- 5 countries or jurisdictions are listed in the patent family for a 2024 acetone production process: the United States, European Patent Office, Japan, Spain and World Intellectual Property Organization.[6]
- 1 biotechnological acetone-production patent application was published internationally in 2024 under the title “Biotechnological production of acetone.”[6]
- 1 patent application published in 2024 covers direct acetone synthesis from synthesis gas using a multicomponent catalyst, with applicants CSIC and Universitat Politècnica de València in Spain.[6]
04 Statistics
Data & Analytics
Data Quality in the chemicals and materials sector (sector benchmark)
- 80% of manufacturers reported a measured value for their operational data in 2026, across the surveyed manufacturing sector.[8]
- 42% of manufacturers had a process to verify manufacturing-data accuracy and quality in 2026, while 51% did not.[8]
- 67% of supply-management organizations said their data quality was better or significantly better than two years earlier in 2024.[9]
- 89% of manufacturers said data use improved their decision-making processes in 2026, across the surveyed manufacturing sector.[8]
- 49% of supply-management organizations rated their data quality as good or excellent in 2024, based on an Institute for Supply Management survey.[9]
- 44% of companies in the manufacturing survey reported AI-project failures caused by poor data quality in 2025, across surveyed manufacturers.[10]
Data Governance in the chemicals and materials sector (sector benchmark)
- 46% of GCC chemical companies had established common data standards with collaboration partners in 2022.[11]
- 67% of GCC chemical companies had established performance management or KPIs around digital supply chains in 2022.[11]
- 61% of supply-management organizations had a dedicated data-governance function in 2024, based on a survey of more than 121 respondents.[9]
- 28% of manufacturers had a data-governance leader in 2026, across the Manufacturing Leadership Council survey.[8]
- 52% of global chemical companies had established performance management or KPIs around digital supply chains in 2022.[11]
- 90% of supply-management organizations agreed or strongly agreed that data governance was necessary in 2024.[9]
05 Statistics
Strategy & Growth
Growth in the acetone industry
- USD 13.4 billion was the projected global acetone-market value in 2033.[12]
- 5.8% was the projected compound annual growth rate for the global acetone market from 2026 to 2035.[13]
- 5.9% was the projected compound annual growth rate for the North American acetone market from 2024 to 2034.[14]
- USD 6.9 billion was the estimated global acetone-market value in 2025.[12]
- 3.3% was the historical compound annual growth rate of the global acetone market from 2018 to 2023.[15]
- USD 12.2 billion was the projected global acetone-market value in 2035.[13]
Differentiation in the acetone industry
- Approximately 40% of AdvanSix’s chemical-intermediates portfolio consisted of higher-value platforms such as cyclohexanone, alpha-methylstyrene and specialty amines in 2024.[16]
- 33.7% of global acetone-market revenue came from solvent applications in 2025, the largest application segment.[12]
- Approximately 60% of AdvanSix’s chemical-intermediates portfolio consisted of acetone and phenol in 2024.[16]
- 97.1% of global acetone-market revenue came from technical-grade acetone in 2025.[12]
- 17% of AdvanSix’s total sales were generated by acetone in 2024 as the company emphasized product mix and profitability optimization.[17]
- 1,350 kilotonnes per year of acetone capacity made INEOS Phenol the largest global producer in 2026, according to the company.[18]
Mergers and acquisitions in the acetone industry
- 1 acquisition of the idled Haverhill Chemicals phenol-and-acetone facilities was completed by Altivia in late 2015.[19]
- 1 of 2 Haverhill Chemicals phenol-and-acetone production units was restarted by Altivia in 2015.[19]
- 1 acquisition of an idled cumene plant from Chevron Phillips Chemical was cited by INEOS Phenol as a way to secure acetone feedstock in 2005.[18]
- 1 sale of Shell’s interest in the Singapore Energy and Chemicals Park to CAPGC was completed on April 1, 2025, changing ownership of a major Asia-Pacific chemicals asset.[20]
Strategic partnerships in the acetone industry
- 1 EPCM contract was signed by INEOS Phenol with Jacobs in 2005 to expand its Antwerp phenol-and-acetone plant.[18]
- 1 alliance agreement with Aker Kvaerner supported pre-engineering for INEOS Phenol’s Antwerp expansion in 2005.[18]
- 1 tank-facility partnership with Odfjell was established by INEOS Phenol in Rotterdam to support acetone logistics in 2005.[18]
- 1 long-term strategic-customer relationship model was described by AdvanSix as central to its acetone distribution strategy in 2019.[19]
- 1 network of national and regional distributors was described by AdvanSix as supporting U.S. acetone sales in 2019.[19]
06 Statistics
People & Workforce
Remote Work in the chemicals and materials sector (sector benchmark)
- Across U.S. chemical and pharmaceutical manufacturing employers, 5.7% of positions were fully remote in 2024.[21]
- Among U.S. energy, natural-resources and chemicals workers, 8% preferred fully remote work in 2025.[22]
- Among U.S. energy, natural-resources and chemicals workers, 25% preferred mostly remote work in 2025.[22]
- Across U.S. remote-capable employees, 25% worked exclusively remotely in August 2026.[23]
Hybrid Work in the chemicals and materials sector (sector benchmark)
- Across U.S. hybrid employees, 48% said their team had not discussed a formal or informal collaboration plan in 2026.[23]
- Across U.S. chemical and pharmaceutical manufacturing employers, 44.5% of positions were fully hybrid in 2024.[21]
- Across U.S. remote-capable employees, 61% preferred a hybrid work arrangement in November 2025.[23]
- U.S. hybrid employees spent an average of 46% of their workweek on-site in 2026.[23]
- Across U.S. remote-capable employees, 54% worked in a hybrid arrangement in August 2026.[23]
Employee Engagement in the chemicals and materials sector (sector benchmark)
- Among global managers, 22% were engaged at work in 2025, compared with 19% of non-managers.[23]
- Across best-practice organizations recognized by Gallup, 70% of employees were engaged in 2025.[23]
- Across employees in the United States, 32% were engaged at work in 2025.[23]
- Across employees in the United States and Canada, 31% were engaged at work in 2025.[23]
- Across employees worldwide, 20% were engaged at work in 2025.[23]
Change Management in the chemicals and materials sector (sector benchmark)
- Across organizations surveyed globally, 60% said they were succeeding at business outcomes during times of change in 2024.[24]
- Across leaders in the United States, United Kingdom, Australia and Canada, 73% reported employee change fatigue in 2026.[25]
- Across leaders in the United States, United Kingdom, Australia and Canada, change management was associated with a reported 4:1 return on investment in 2026.[25]
- Across organizations surveyed globally, 56% said they were succeeding at business outcomes during times of change in 2023.[24]
- Across organizations surveyed globally, 46% said they were succeeding at business outcomes during times of change in 2022.[24]
07 Statistics
Customer & Sales
Customer experience in the acetone industry
- 99.9% is the standard purity of INEOS Phenol’s acetone supplied to customers globally for solvents, acrylics, polycarbonates and fine chemical intermediates.[18]
- 75% of AdvanSix’s 2025 chemical-intermediates sales came from acetone, phenol and cyclohexanone customers across construction, coatings, packaging, agrochemicals, pharmaceuticals and consumer applications in the United States.[17]
- 3 grades of INEOS Phenol acetone—chemical, food-sector and pharmaceutical—are listed with application-specific specifications for industrial and medical customers.[18]
Customer retention in the acetone industry
- 5 additional years of U.S. antidumping-order protection were secured in January 2026 after the ITC found that removing duties on acetone imports would likely injure the domestic industry.[17]
- 200 million U.S. dollars was Matrix Chemical’s year-to-date 2021 sales when Brenntag acquired the North American acetone distributor, supporting an established customer and logistics network.[26]
Customer acquisition in the acetone industry
- 7.6 million metric tons was estimated global acetone demand in AdvanSix’s 2025 annual report, indicating the addressable customer market for acetone producers and distributors.[17]
- 13% of global acetone demand was represented by the United States in AdvanSix’s 2025 industry assessment, identifying the company’s primary selling region as a major customer market.[17]
- 28.4% of the global acetone market was attributed to North America in 2024, reflecting the region’s importance for producers seeking industrial and pharmaceutical customers.[14]
08 Statistics
Marketing & Brand
Marketing in the acetone industry
- 29% of global acetone demand was estimated to serve the solvents chain in 2022, the largest end-use market identified by S&P Global Commodity Insights.[27]
- 200 million U.S. dollars in year-to-date sales made Matrix Chemical the largest North American acetone distributor when Brenntag announced its acquisition in 2021.[26]
- 25% of AdvanSix’s total sales came from chemical intermediates in 2025; acetone, phenol and cyclohexanone represented 75% of that segment’s sales.[17]
Influencer Marketing in the chemicals and materials sector (sector benchmark)
- Across B2B companies, 55% of marketers used creators in 2025, based on a March 2025 Ipsos survey of 1,500 marketing professionals.[28]
- In U.S. manufacturing, 19% of marketers used influencer marketing among paid channels in the prior 12 months, according to a 2025 industry benchmark.[29]
- Across B2B companies, 29% of marketers planned to adopt influencer marketing within the following year in a March 2025 Ipsos survey.[28]
- Across B2B companies, 43% of marketers reported outstanding results from influencer programs in the 2025 B2B Influencer Marketing Report.[30]
- Across B2B companies, 56% of marketers identified social-media posts as the most effective influencer-program content type in a September 2024 U.S. survey.[31]
09 Statistics
Operations & Execution
Process optimization in the acetone industry
- 6 U.S. acetone producers reported using the cumene process in 2024, while 2 reported other processes.[19]
- 1350 thousand tonnes is INEOS Phenol’s stated annual acetone nameplate capacity across its global manufacturing network.[18]
- 185,000 tonnes per year is Deepak Chem Tech’s planned acetone capacity at its Dahej project.[32]
- 1 kg of phenol production generates approximately 0.6 kg of acetone in the conventional cumene process.[33]
- 304,000 tonnes per year is PTT Global Chemical’s acetone capacity at its Southeast Asian phenol plant.[34]
Operational efficiency in the acetone industry
- 1,360,566 short tons was U.S. practical acetone capacity in 2023.[19]
- 62.0% was U.S. practical acetone capacity utilization in interim January–March 2024.[19]
- 68.9% was U.S. practical acetone capacity utilization in 2024.[19]
- 952,461 short tons was U.S. practical acetone production in 2024.[19]
- 1,383,356 short tons was U.S. practical acetone capacity in 2024.[19]
Quality management in the acetone industry
- 99.96 wt% was the tested dry-basis purity of a U.S. Lab Alley acetone lot manufactured in December 2024.[35]
- 0.189 wt% was the measured water content of that December 2024 Lab Alley acetone lot.[35]
- 99.90 wt% was the tested purity of a U.S. Lab Alley laboratory acetone lot manufactured in February 2026.[35]
- 5 Pt-Co was the measured color of that February 2026 Lab Alley acetone lot.[35]
- 0.157% was the measured water content of that February 2026 Lab Alley acetone lot.[35]
Supply chain in the acetone industry
- 18.6% was the decrease in U.S. acetone production from 2019 to 2024.[19]
- 34,000 tonnes per year was Orlen’s acetone capacity at its Płock, Poland facility before decommissioning.[36]
- 133 kilotonnes was estimated Indian acetone imports in fiscal 2025–26.[32]
- 1.9% was the increase in U.S. acetone capacity from 2019 to 2024.[19]
- 5 countries—Belgium, Singapore, South Africa, South Korea and Spain—were covered by the U.S. acetone trade investigation.[19]
Outsourcing / Offshoring in the chemicals and materials sector (sector benchmark)
- Across North American specialty chemicals, 50% of customer respondents were actively pushing onshoring projects in 2025.[37]
- Across North American specialty chemicals, 43% of customer respondents actively drove onshoring projects with suppliers and achieved some success in 2025.[37]
- Across North American specialty chemicals, 100% of customer respondents allocated only 0–25% of company capital expenditure to reshoring projects in 2025.[37]
- Across 22 EU countries and Norway, 72.8% of enterprises engaged in international sourcing moved business functions to other EU countries during 2021–2023.[38]
- Across 22 EU countries and Norway, 34.1% of enterprises engaged in international sourcing cited labour-cost reduction as a motivation during 2021–2023.[38]
10 Statistics
Finance & Pricing
Pricing strategy in the acetone industry
- $1,112 per metric ton was the reported Brazil acetone price in Q2 2025.[39]
- $1,024 per metric ton was the reported U.S. acetone price in Q2 2025.[39]
- $840 per tonne was the average global acetone price in 2024, up $78 per tonne from 2023.[40]
- $720 per metric ton was the reported China acetone price in Q2 2025.[39]
- $1,547 per metric ton was the U.S. Gulf Coast spot acetone price assessed on April 14, 2026.[27]
Cost reduction in the acetone industry
- $58.16 million was the value of U.S. acetone imports in 2025.[41]
- 24.54% was the decrease in the average U.S. acetone import price in 2025 versus 2024.[41]
- 18% was the approximate U.S. acetone price decline in Q4 2025 reported in a procurement guide.[42]
- 15% was the approximate U.S. phenol price decline in Q4 2025 reported in the same procurement comparison.[42]
Profitability in the acetone industry
- 131.3 kilotonnes was India’s acetone consumption in FY2023–24.[43]
- 102 kilotonnes was India’s estimated acetone supply gap in FY2023–24.[43]
- 29,613 tonnes was HOCL’s acetone output in FY2023–24.[43]
- $498 crore was Hindustan Organic Chemicals’ sales turnover through February 2025 for phenol, acetone and hydrogen peroxide.[44]
- 97.7 kilotonnes was India’s acetone consumption in FY2019–20.[43]
Financial planning in the acetone industry
- 100,000 tonnes per year is Deepak Chem Tech’s planned IPA capacity at its Dahej project.[32]
- 300,000 tonnes per year is Deepak Chem Tech’s planned phenol capacity at its Dahej project.[32]
- 55,000 tonnes per year was Orlen’s former phenol capacity at Płock before its planned closure.[36]
- 34,000 tonnes per year was Orlen’s former acetone capacity at Płock before its planned closure.[36]
- 1.1 million tonnes per year was the additional Chinese phenol capacity expected by early 2024, implying additional linked acetone output.[27]
11 Statistics
Product & Service
Product development in the acetone industry
- 175% per kilogram is the maximum reported carbon-footprint reduction of Borealis circular acetone compared with regular acetone.[45]
- 16 metric tons per day is the illustrative installed capacity of an acetone plant project in India.[46]
- ₹1,290.21 lakh is the illustrative total project cost for a 16-metric-ton-per-day acetone plant in India.[46]
- 8.3 million tonnes was the global acetone market volume in 2024, according to a Royal Society of Chemistry study.[47]
- 350,000 metric tons per year was the planned capacity of Mitsubishi Chemical Group’s canceled ethylene-based MMA plant in Geismar, Louisiana.[33]
Product lifecycle in the acetone industry
- 66% was the estimated carbon-emissions reduction associated with the University College London acetone-recycling scheme.[48]
- 120 gallons per year of acetone disposal were eliminated by the Rhode Island manufacturer after installing a distillation unit.[49]
- 96% was the acetone recovery rate reported in a boat-manufacturing customer case using CBG Biotech’s SolvTrue S700 recycler.[50]
- 100 gallons per year of virgin-acetone purchases were eliminated in a Rhode Island costume-jewelry manufacturer’s recycling case.[49]
- 40% was the reduction in acetone purchasing after three months of solvent recycling at University College London.[48]
Value proposition in the acetone industry
- 13% was the approximate U.S. share of global acetone demand cited by AdvanSix.[17]
- $281 million of AdvanSix’s 2025 chemical-intermediates revenue came from acetone, phenol and cyclohexanone.[17]
- 29% of global acetone demand was consumed by the solvents chain in 2022, according to S&P Global’s acetone industry abstract.[27]
- 8% of AdvanSix’s chemical-intermediates sales were represented by phenol, according to its 2025 annual report.[17]
- 75% of ASIX’s 2025 chemical-intermediates sales came from acetone, phenol and cyclohexanone combined.[17]
12 Statistics
Sustainability & Ethics
Sustainability in the acetone industry
- 5% of Moeve’s acetone and phenol raw materials are targeted to come from circular feedstocks by 2026.[51]
- 600 employees work across INEOS Phenol’s four acetone and phenol sites in Belgium, Germany and the United States.[18]
- 1,350 kilotonnes per year is INEOS Phenol’s global acetone nameplate capacity across Europe, America and Asia, according to the company’s current business profile.[18]
- 42% lower emissions per tonne are reported for Moeve’s circular phenol and acetone materials versus traditional production methods.[51]
- 70% is the maximum reported greenhouse-gas reduction for INEOS bio-attributed chemical products compared with fossil-based equivalents, including the company’s acetone portfolio.[18]
ESG in the acetone industry
- 99% conversion and 99% selectivity to isopropanol are achieved in BASF’s commercial acetone-hydrogenation application using its catalyst systems.[52]
- 347,000 kWh of energy consumption were reduced through tesa’s 2025 Offenburg resource-efficiency projects.[53]
- 75% of the benzene used in tesa processes was recycled before the company extended its solvent-circularity program to acetone.[53]
- 200,000 square metres of waste were reduced through tesa’s 2025 Offenburg resource-efficiency projects.[53]
- 99.9% is the stated standard-grade acetone purity for INEOS Phenol products.[18]
Circular economy in the acetone industry
- Approximately 50% of tesa’s recovered water-soluble solvent desorbate is recycled into fresh-quality acetone.[53]
- 20% of the carbon footprint of fossil acetone is attributed to tesa’s recycled acetone.[53]
- 1,100 tonnes of virgin acetone could be replaced with recycled material by tesa in the years following 2026.[53]
- 700 tonnes of virgin acetone are expected to be replaced with recycled acetone at tesa in 2026.[53]
- 75% to 95% of spent acetone was recovered and reused annually by a Rhode Island manufacturer using an on-site distillation unit.[49]
Carbon footprint in the acetone industry
- 2,000 kilograms of CO2 are produced for each tonne of acetone in the production estimate cited by Heidolph’s recycling case study.[54]
- 0.058 kilograms of CO2e per kilogram of acetone were generated by the Distimatic recycling equipment in UCL’s measurements.[47]
- 66% was the estimated reduction in carbon emissions after UCL Chemistry reduced acetone purchasing by 40% during its first three months of recycling.[47]
- 54% to 87% was the estimated carbon-reduction range for UCL’s acetone-recycling scheme under alternative assumptions.[47]
- 1,600 kilograms of CO2 per tonne is the reported reduction achieved through the acetone-recycling process in Heidolph’s case study.[54]
13 Statistics
Risk, Compliance & Legal
Compliance in the acetone industry
- 10 tonnes per year was the Canadian reporting threshold for facilities manufacturing, importing or using acetone under the 1997 NPRI reporting regime.[55]
- 100% of INEOS Phenol’s listed phenol, acetone, alphamethylstyrene and cumene products are registered with the European Chemicals Agency.[18]
- 4,425 tonnes of acetone were reported as on-site environmental releases by Canadian facilities in 1997.[55]
- 5,000 pounds is the U.S. atmospheric-release threshold above which facilities must report acetone releases under the cited 2020 reporting requirement.[56]
Risk Management in the chemicals and materials sector (sector benchmark)
- 75% of companies managing chemicals identified staying current with regulations as a risk in the 2024 chemicals management and sustainability survey.[57]
- 64% of companies managing chemicals said suppliers provided only partial information when they responded to information requests in 2024.[57]
- 75% of companies managing chemicals did not receive consistent responses from suppliers when requesting chemical-substance information in 2024.[57]
- 25% of companies managing chemicals rated failure to stay current with regulations as a high risk in the 2024 survey.[57]
- 40% of companies managing chemicals lacked full visibility into chemical ingredients used in their products and processes in 2024.[57]
Cybersecurity in the chemicals and materials sector (sector benchmark)
- 70% of global chemical-industry respondents carried standalone cyber insurance in Moody’s 2023 cyber survey.[58]
- 91% of surveyed chemical companies updated their cyber incident-response plans at least annually in 2023.[58]
- 88% of chemical-industry respondents in the Americas carried standalone cyber insurance in Moody’s 2023 survey.[58]
- 60% of EMEA chemical-industry respondents carried standalone cyber insurance in Moody’s 2023 survey.[58]
Data Privacy in the chemicals and materials sector (sector benchmark)
- 50% of manufacturing companies had fully implemented breach notification processes in 2026, according to a global survey of 233 manufacturing privacy professionals.[59]
- 38% of manufacturing companies had fully implemented third-party privacy certifications in 2026, nine percentage points below the 47% global benchmark.[59]
- 41% of manufacturing companies had fully implemented supply-chain and vendor privacy assessments in 2026, compared with 49% across all surveyed industries globally.[59]
- 29% of manufacturing companies reported fully integrated privacy tooling in 2026, compared with 39% globally in TrustArc’s survey of privacy professionals.[59]
- 49% of manufacturing companies had fully implemented data inventory and mapping in 2026, matching the global benchmark; the survey covered 233 manufacturing privacy professionals worldwide.[59]
Crisis Management in the chemicals and materials sector (sector benchmark)
- 61% of chemical and high-risk-sector companies did not understand how their business-continuity plans and crisis-management systems worked together.[60]
- Less than 3% of chemical and high-risk-sector companies employed a full-time crisis-management professional.[60]
- 40% of chemical and high-risk-sector respondents identified an opportunity to improve their capability to coordinate a wider crisis response.[60]
- 28% of chemical and high-risk-sector companies reported under-prioritizing crisis management in the CHEMTREC industry survey.[60]
- 63% of chemical and high-risk-sector companies said crisis planning was coordinated by management or departmental teams rather than at C-suite level.[60]
14 Statistics
Globalization & Expansion
Globalization in the acetone industry
- 47.8% of global acetone-market revenue came from Asia Pacific in 2025, making it the largest regional market.[12]
- 1,350 kilotonnes per year is INEOS Phenol’s global acetone nameplate capacity, supported by production facilities spanning Europe, America and Asia in 2026.[18]
- Approximately 7.6 million metric tons was global acetone demand in 2025, with the United States representing about 13% of the market.[61]
- 22.7% of global acetone-market revenue came from North America in 2025, equivalent to approximately USD 1.57 billion.[13]
- 46.8% of global acetone-market value was generated in Asia-Pacific in 2023, equal to approximately USD 2.4 billion.[15]
Cultural adaptation in the acetone industry
- 15% to 30% was the reported acetone cost share in bisphenol A production, demonstrating differing commercial sensitivities among downstream customers in 2025.[19]
- 40% to 100% was the reported acetone cost share in solvent production, making solvent customers particularly sensitive to local acetone pricing in 2025.[19]
- 29% of global acetone demand was consumed by the solvents chain in 2022, covering applications including pharmaceuticals, cosmetics and rubber chemicals.[27]
- 35% to 70% was the reported acetone cost share in methyl methacrylate production, reflecting different customer economics across downstream markets in 2025.[19]
- 80.3% of global acetone-market revenue came from manufacturer-to-end-user sales in 2025, indicating a dominant direct-sales model across customer markets.[12]
Supplier management in the acetone industry
- Long-term agreements with Saudi Aramco affiliates supported SABIC’s acetone-related aromatics value chain in 2025.[62]
- Multiple cumene suppliers were used by AdvanSix in 2024 to improve supply stability and obtain favorable commercial terms for acetone production.[63]
- A geographically diversified supplier network and internal production were used by SABIC to support acetone availability and cost efficiency in 2025.[62]
- 330 kilotonnes per year was INEOS Phenol’s acetone capacity at Mobile after its 2005 expansion, which also strengthened feedstock integration through cumene sourcing.[18]
Stakeholder management in the acetone industry
- 68.9% was the combined capacity-utilization rate of U.S. acetone producers in 2024, according to the USITC investigation record.[19]
- Around 400 customers were served annually by AdvanSix in 2024, primarily in the United States and across industries worldwide.[63]
- 78% of AdvanSix’s chemical-intermediates sales came from acetone, phenol and cyclohexanone in 2024, totaling approximately USD 337 million.[63]
- 3 of 5 U.S. producers, 12 of 22 importers and 9 of 17 purchasers surveyed in the acetone investigation reported that the market was subject to business cycles.[19]
- 17% of AdvanSix’s total sales came from acetone in 2024, equal to approximately USD 254 million.[17]
Distribution channels in the acetone industry
- 80% of U.S. producers’ commercial acetone shipments went directly to end users in 2018.[19]
- 41.5% of U.S. producer acetone sales were made between 101 and 1,000 miles from the production facility in 2018.[19]
- 53.0% of importer acetone sales were made between 101 and 1,000 miles from the U.S. shipment point in 2018.[19]
- 39.5% of U.S. producer acetone sales were made within 100 miles of the production facility in 2018.[19]
- 19.0% of U.S. producer acetone sales traveled more than 1,000 miles from the production facility in 2018.[19]
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Samuel Norberg. (2026, November 10). Acetone Industry Statistics. Gitnux. https://gitnux.org/acetone-industry-statistics
Samuel Norberg. "Acetone Industry Statistics." Gitnux, 10 Nov 2026, https://gitnux.org/acetone-industry-statistics.
Samuel Norberg. 2026. "Acetone Industry Statistics." Gitnux. https://gitnux.org/acetone-industry-statistics.
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