South Korea Acetone Market Size & Outlook, 2023-2030

The acetone market in South Korea is expected to reach a projected revenue of US$ 684.3 million by 2030. A compound annual growth rate of 7.5% is expected of South Korea acetone market from 2024 to 2030.
Revenue, 2023 (US$M)
$413.0
Forecast, 2030 (US$M)
$684.3
CAGR, 2024 - 2030
7.5%
Report Coverage
South Korea

South Korea acetone market highlights

  • The South Korea acetone market generated a revenue of USD 413.0 million in 2023 and is expected to reach USD 684.3 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
  • In terms of segment, solvents was the largest revenue generating application in 2023.
  • Solvents is the most lucrative application segment registering the fastest growth during the forecast period.


Acetone market data book summary

Market revenue in 2023USD 413.0 million
Market revenue in 2030USD 684.3 million
Growth rate7.5% (CAGR from 2023 to 2030)
Largest segmentSolvents
Fastest growing segmentSolvents
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolvents, Methyl Methacrylate, Bisphenol A
Key market players worldwideShell PLC, Honeywell International Inc, Mitsui Chemicals Inc, SABIC, Arkema SA, Solvay SA, Domo Inc, Kumho Petrochemical, INEOS, Cepsa


Other key industry trends

  • In terms of revenue, South Korea accounted for 6.8% of the global acetone market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China acetone market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,653.1 million by 2030.

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Acetone Market Companies

Name Profile # Employees HQ Website

South Korea acetone market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to acetone market will help companies and investors design strategic landscapes.


Solvents was the largest segment with a revenue share of 35.3% in 2023. Horizon Databook has segmented the South Korea acetone market based on solvents, methyl methacrylate, bisphenol a covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea acetone market , including forecasts for subscribers. This country databook contains high-level insights into South Korea acetone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea acetone market size, by application, 2018-2030 (US$M)

South Korea Acetone Market Outlook Share, 2023 & 2030 (US$M)

South Korea acetone market size, by application, 2018-2030 (US$M)

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