Press release
Acetone Price Forecast 2025: Trends, Insights and Price Predictions
Acetone Prices
The Acetone price in the industrial market has experienced notable fluctuations in 2024, with prices showing a downward trend when compared to the previous year. In October 2024, Acetone prices dropped to 840 USD/MT, reflecting a 20% decrease from the 1044 USD/MT price in October 2023. This decline can be attributed to ongoing supply chain adjustments and weak demand, particularly in regions like Asia and Europe. However, Acetone prices in North America experienced an increase, primarily driven by supply constraints in that region.
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In November 2024, Acetone prices continued to fall, reaching 823 USD/MT, representing a 15% decrease compared to 965 USD/MT in November 2023. This price drop was consistent with the broader market trends, where reduced industrial activity, particularly in the Asian and European markets, led to weakened demand for Acetone. The decline reflects the excess supply in these regions, which outweighed the relatively stable demand elsewhere.
By December 2024, Acetone prices further decreased to 812 USD/MT, a 18% drop compared to 985 USD/MT in December 2023. Despite the decline in the global market, regional price dynamics remained diverse, with prices continuing to be stable in Europe and Asia due to low demand, while North America saw some price fluctuations due to regional supply challenges.
Looking ahead to 2025, Expert Market Research predicts that Acetone prices will likely stabilize after a period of volatility in late 2024. While Acetone price trends suggest cautious price movements, regional disparities, especially in North America, could continue to influence price fluctuations, with weak demand and oversupply in certain markets potentially limiting significant changes in the near term.
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Leading Exporting and Importing Countries in Acetone Trade
The Acetone market is shaped by several key exporting and importing countries, along with prominent suppliers that drive the global trade of this essential industrial chemical, used in the production of plastics, solvents, and other chemicals.
Leading Exporting Countries
Germany is a significant exporter of Acetone, supplying large quantities to China, which is one of the largest importers of the chemical. Saudi Arabia is another major exporter of Acetone, with the Netherlands being one of its key import destinations. The United States also plays a critical role in the export of Acetone, with India as one of its main importers. Malaysia exports Acetone to Mexico, meeting the growing demand for the chemical in Latin America.
Thailand is an important exporter in Southeast Asia, supplying Acetone to Belgium, a key hub for industrial chemicals in Europe. Singapore is another key exporter, with Switzerland being a significant importer for the chemical. India exports Acetone to countries like France, supporting the chemical industry in Europe. South Korea also plays a vital role in Acetone exports, with Saudi Arabia as one of its key importing nations.
Leading Importing Countries
China is the largest importer of Acetone, with significant quantities sourced from Germany to meet its growing demand in the industrial sector. India is another major importer of Acetone, particularly from the United States, to supply its vast chemical and manufacturing industries. The Netherlands serves as an essential hub in Europe for importing Acetone, mainly from Saudi Arabia.
Mexico is a growing importer of Acetone, primarily sourced from Malaysia, to support its expanding industrial base. Belgium relies on imports from Thailand to meet its demand for Acetone in the chemical manufacturing sector. Switzerland imports Acetone from Singapore for use in various industrial applications. France is a major consumer of Acetone, with India as a primary supplier. Saudi Arabia also imports Acetone from South Korea to support its chemical industries.
Major Suppliers
Several global companies dominate the supply of Acetone, ensuring a steady flow of the chemical to importing nations. INEOS Phenol (Germany) is one of the leading suppliers, serving a wide range of markets, including China. Mitsui Phenols Singapore (Singapore) is another major supplier, providing Acetone to countries like the Netherlands. Shell Chemicals (United States) plays a crucial role in supplying Acetone to countries such as India.
Domo Chemicals (Malaysia) is a key supplier to Mexico, while Formosa Chemicals & Fibre Corp. (Taiwan) provides Acetone to Belgium and other European markets. Barentz (Switzerland) supplies Acetone to the European market, particularly Switzerland. Deepak Nitrite Ltd. (India) plays a key role in supplying Acetone to France and surrounding regions. Kumho P&B Chemicals (South Korea) also supplies significant quantities of Acetone to markets like Saudi Arabia.
These suppliers ensure that Acetone remains available to meet the needs of industries across the globe, supporting demand in a variety of applications from plastics manufacturing to chemical processing.
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Report Scope:
Historical Price Data and Analysis, 2021-2024
Historical Price Data - Monthly
Grade-Wise Price Fluctuation
Correlation with Feedstock Price Movement
Key Market Opportunities and Risks
Price Outlook
Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
Long-Term Price Forecast (2 years), 2025-2026
Price Influencing Factors
Supply and Demand Analysis
Global Market Supply Analysis (2021-2026)
Global Market Demand Analysis (2021-2026)
Demand-Supply Gap Analysis
Historical Dynamics (2021-2024)
Market Dynamics (Drivers and Constraints)
Top 5 Deficit Countries with Net Import
Top 5 Surplus Countries with Net Export
Cost Breakdown
Direct Cost
Indirect Costs
Tax and Regulatory Costs
Profit Margin
Latest Industry News
Recent Developments
Geopolitical Events
Insights From Government Data and Industries Bodies
Key Macroeconomic Indicators
GDP Growth
Inflation Rates
Currency Exchange Rates
Impact on Commodity Prices
How Claight Corporation (Expert Market Research) Database Can Help
The latest report by Expert Market Research, "Acetone Carbide Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for acetone. Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.
Drawing from in-depth research, the report analyses the primary factors influencing acetone prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.
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About Claight Corporation (Expert Market Research):
Expert Market Research is a leading provider of syndicated and custom market intelligence, supporting clients with strategic insights across a broad range of industries. The firm delivers end-to-end research services including demand-supply assessments, pricing and cost analysis (including regional spot prices), feasibility studies, regulatory mapping, and competitive benchmarking.
Expert Market Research's geographic coverage spans Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. With a data-driven methodology and deep sectoral expertise, Expert Market Research enables clients to make informed decisions and capture growth opportunities in evolving global markets.
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