Ketones are a class of organic compounds that are used in a variety of applications, including solvents, polymer production, and pharmaceuticals. The global ketones market is expected to experience significant growth in the coming years due to increasing demand from various end-use industries, such as automotive, construction, and healthcare. The use of ketones as solvents in paints and coatings is also driving the growth of the market. However, the market is also facing challenges due to fluctuations in raw material prices and growing concerns about the environmental impact of ketones. In addition, the market is highly competitive, with many major players operating globally. To remain competitive, companies in the market are focused on expanding their product portfolios, improving product quality, and developing new applications for ketones.
The global Ketones Market size is expected to witness potential gains in the future, and register a significant CAGR over the forecast period (2019 - 2027).
Market Players in the Ketones Industry:
1. Caledonian Ferguson Timpson Ltd
Founded in 1977, Caledonian Ferguson Timpson Ltd is a UK-based company that specializes in the manufacture of high-performance polymers and plastic components. The company operates primarily in the UK and Europe, with its headquarters located in Glasgow, Scotland.
2. Jida Evonik High Performance Polymers (Changchun) Co. Ltd.
Founded in 1993, Jida Evonik High Performance Polymers (Changchun) Co. Ltd. is a Chinese company that specializes in the production of specialty polymers for various industries, including automotive, construction, and electronics. The company operates in China and other countries in the Asia-Pacific region, with its headquarters located in Changchun, China.
3. Panjin Zhongrun High Performance Polymers Co. Ltd.
Founded in 2001, Panjin Zhongrun High Performance Polymers Co. Ltd. is a Chinese company that specializes in the production of high-performance polymers for the automotive, electrical, and construction industries. The company operates primarily in China and other countries in the Asia-Pacific region, with its headquarters located in Panjin, China.
4. Prototype & Plastic Mold Co. Inc.
Founded in 1978, Prototype & Plastic Mold Co. Inc. is a US-based company that specializes in the design and manufacture of plastic injection molds and high-performance polymer components. The company operates primarily in the US, with its headquarters located in Middletown, Connecticut.
5. Solvay Specialty Polymers
Founded in 1863, Solvay Specialty Polymers is a Belgian company that specializes in the production of high-performance polymers for various industries, including aerospace, automotive, and healthcare. The company operates in Europe, the Americas, and Asia-Pacific, with its headquarters located in Brussels, Belgium.
6. Tri Town Precision Plastics, Inc.
Founded in 1982, Tri Town Precision Plastics, Inc. is a US-based company that specializes in the design and manufacture of high-performance polymer components for various industries, including medical, aerospace, and telecommunications. The company operates primarily in the US, with its headquarters located in Bristol, Connecticut.
*Definition- Ketones are organic compounds containing a carbonyl group (C=O) bonded to two other carbon atoms. They are used in various applications, including solvents, polymer production, and pharmaceuticals.
