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.