Global Diacetone Alcohol Market Analysis & Forecasts 2018-2022, With the Market Value to Grow at a CAGR of 5.1% - ResearchAndMarkets.com
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 MentionedArkema 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
For more information about this report visit https://www.researchandmarkets.com/research/8bnm8x/global_diacetone?w=4
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SOURCE: Research and Markets
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PUB: 08/03/2018 08:48 AM/DISC: 08/03/2018 08:48 AM