ACETYLACETONE MARKET ANALYSIS

Regional Analysis

Market Outlook

Among region, Asia Pacific and North America are expected to exhibit increasing demand for acetylacetone during the forecast period, owing to growing chemical industry in these regions. Acetylacetone is used as a chemical intermediate in formulation and preparation of pesticides and herbicides such as mepanipyrim, mepanipyrim is projected to contribute higher demand for the acetylacetone over the forecast period. For instance, according to the India Brand Equity Foundation, in terms of value and production volume, Indian chemical industry is the third largest in Asia Pacific and sixth largest in the world, in terms of revenue generated annually. Indian chemical industry was valued at US$ 224 billion in 2017 and is expected to reach US$ 403 billion by the end of 2025.

Moreover, Indian companies received 304 Abbreviated New Drug Application (ANDA) approvals from the U.S. Food and Drug Administration (U.S. FDA) in 2017. The country accounts for around 30 per cent (by volume) and around 10 per cent (value) in the US$ 70-80 billion U.S. generics market. This scenario is expected to boost revenue of the acetylacetone market from pharmaceutical industry over the forecast period.

On the basis of region, the global acetylacetone market is segmented into:

• North America
  • U.S.
  • Canada
• Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
• Europe
  • U.K.
  • Germany
  • Italy
  • Spain
  • France
  • Poland
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • New Zealand
  • Japan
  • ASEAN
  • Australia
  • Rest of Asia Pacific
• Middle East
  • Gulf Cooperation Council (GCC)
  • Israel
  • Rest of Middle East
• Africa
  • Northern Africa
  • South Africa
  • Central Africa