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Global Diacetone Alcohol Market Analysis & Forecasts 2018-2022, With the Market Value to Grow at a CAGR of 5.1% - ResearchAndMarkets.com

August 3, 2018

DUBLIN--(BUSINESS WIRE)--Aug 3, 2018--The “Global Diacetone Alcohol Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The analysts forecast the global diacetone alcohol market to grow at a CAGR of 5.1% during the period 2018-2022.

DAA is a clear, colorless liquid ketone-alcohol. It is mainly used as a solvent in industrial and professional applications in coatings, drilling fluids, metal-working fluids, chemical synthesis, adhesives, and many other applications. The market size of the global DAA market is estimated by considering the revenue generated from the sales of DAA to end-user industries for various applications.

The report covers the present scenario and the growth prospects of the global diacetone alcohol market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

One trend in the market is rising demand from new applications. The increased use of DAA in applications such as preservatives, hydraulic fluid brakes, photographic films, automotive carburetor cleaners, and polymer processing is expected to foster the demand for DAA during the forecast period.

One driver in the market is growth of the paints and coatings sector. The global paints and coatings market was valued at $150.8 billion in 2017 and will grow at a CAGR of 5.97%; it is expected to retain its position in the market over the forecast period.

The report states that one challenge in the market is rise in demand for bio-based solvents. Bio-based solvents serve as green alternatives to synthetic solvents such as acetone, xylene, and DAA in various industries. Bio-based solvents consume biomass as feedstock to replace fossil-derived fuels to benefit the environment by reducing the emission of carbon dioxide, supply security, and long-term economic savings.

Companies Mentioned

Arkema KH Neochem Monument Chemical Solvay Tokyo Chemical Industry

Key Topics Covered:

01. Executive Summary

02. Scope Of The Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation By Application

08. Customer Landscape

09. Regional Landscape

10. Decision Framework

11. Drivers And Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

15. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/8bnm8x/global_diacetone?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180803005269/en/

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Related Topics:Chemicals

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/03/2018 08:48 AM/DISC: 08/03/2018 08:48 AM

http://www.businesswire.com/news/home/20180803005269/en

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