Global Ketones Market is Predicted to Grow in the Future, with a Considerable CAGR During the Forecast Period 2019 - 2027

-
Ketones Market
 Ketones Market

Overview of the Market

Ketones, which have a carbonyl group and are structurally identical to aldehydes, are commercially manufactured as solvents, polymer precursors, and medicines. These molecules can be found in a variety of sugars as well as pharmaceuticals, such as natural and synthetic steroid hormones. Ketones are found in cortisone, an anti-inflammatory drug. Acetone, methyl ethyl ketone, and cyclohexanone are some of the most common ketones. As a solvent, methyl ethyl ketone (MEK), commonly known as butanone, is utilized.

Market Trends

The global Ketones Market is predicted to increase due to rising demand for acetone, methyl ethyl ketone, and cyclohexanone from end-use industries. Solvent-borne coatings, powder coatings, specialty coatings, and aqueous coatings all use methyl ethyl ketone. Acetone is a solvent that is used to dissolve a variety of polymers and synthetic fibers. In the pharmaceutical sector, it's also employed as an excipient and a solvent.

As a result, acetone demand is likely to rise as the pharmaceutical business expands. As a result, the Global Ketones Marke is Predicted to Expand. The precursors to Nylon 6,6 and Nylon 6 are made from cyclohexanone. As a result, rising nylon production in the textile industry is likely to support market growth. Unsaturated ketones, such as methyl vinyl ketone, are poisonous, and this is predicted to limit market expansion.

Market Key Players

Panjin Zhongrun High Performance Polymers Co. Ltd., Prototype & Plastic Mold Co. Inc., Solvay Specialty Polymers, Caledonian Ferguson Timpson Ltd and Tri Town Precision Plastics, Jida Evonik High Performance Polymers (Changchun) Co. Ltd., Inc. are some of the major players in the global Ketones Market.

Comments

Post a Comment

Popular posts from this blog

Security Robot Market to Reach US$ 11.8 Billion by 2022

-
Image
Security Robot Market The Global Security Robot Market is estimated to be valued at US$ 11.8 billion in 2022 and is expected to exhibit a CAGR of 12.87% over the forecast period 2022 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Security robots are rapidly gaining traction due to their ability to enhance security and surveillance in various industries. These robots offer advantages such as round-the-clock monitoring, real-time video monitoring, and quick response to potential threats. The increasing need for advanced security measures to prevent theft, vandalism, and unauthorized access is driving the demand for security robots. These robots are widely used in industries such as retail, healthcare, transportation, and manufacturing to ensure the safety of assets and individuals. The market is expected to witness significant growth due to the rising security concerns and advancements in robotic technologies. Market Key Trends: One ke
Read more

Intravenous Fluid Therapy is the Fastest Growing Segment Fueling the Growth of Intravenous Solutions Market

-
Image
Intravenous Solutions Market The global Intravenous Solutions Market is estimated to be valued at US$ 577,228 bn or Million in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Intravenous solutions are fluids administered through a vein via a needle or catheter. They are often used to provide essential nutrients, medications, or fluids to patients. Common uses include rehydration, correcting electrolyte imbalances, and ensuring nutrition is delivered for patients who cannot eat or absorb nutrients through the digestive system. Market key trends: One of the major trends in the intravenous solutions market is the increasing use of intravenous fluid therapy. Intravenous fluid therapy involves the administration of aqueous solutions containing electrolytes, sugars, and medications through an intravenous catheter. It is widely used for rehydration, maintenance of f
Read more

Global Report on LED Driver Market for the Forecast Period 2023-2030

-
Image
LED Driver Market The LED Driver Market has been growing rapidly over the past few years, driven by the increasing demand for energy-efficient lighting solutions across residential, commercial, and industrial sectors. LED (light-emitting diode) lighting technology has several advantages over traditional lighting solutions such as incandescent and fluorescent lights, including longer lifespan, lower energy consumption, and lower maintenance costs. However, to power and control LED lights, an LED driver is required. The LED Driver Market was valued at USD 7.7 billion in 2020 and is expected to reach USD 10.5 billion by 2025, at a CAGR of 6.4% during the forecast period. LED drivers are electronic devices that regulate the power supply to LED lights. They convert AC voltage from a power source to DC voltage suitable for LEDs, and also provide the necessary current and voltage regulation to ensure proper functioning of the LED lights. LED drivers can be either constant current or constant
Read more