Disclosing Latest Advancement in Global Bio-Ketones Market Forecast 2018-2023

Bio-Ketones

Global Bio-Ketones Market Research Report 2018 presents an in-depth assessment of the Bio-Ketones Market providing quantitative information about the market size, key market segments and manufacturer in terms of revenue, production and growth rate from 2018 to 2023. The Bio-Ketones Market report also provides qualitative information about the technologies, key trends, market drivers, regulatory landscape, deployment models, opportunities, value chain and market strategies.

The Onerous Demand Of Global Bio-Ketones Market report enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with Bio-Ketones industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.Development and Trend Research plays an Important role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Bio-Ketones market growth over the forecast period.

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The global bio-ketones market is expected to witness a CAGR of around 15% during the forecast period, majorly driven by increasing demand of bio-ketones from the cosmetics and personal care industry. The government regulations to shift towards the bio-based products is also likely to stimulate the market growth.

Increasing Demand from Cosmetics and Personal Care Driving the Market

Acetone is widely used as a solvent and denaturant in the cosmetics and personal care industry. Bio acetone is used a renewable alternative to petroleum-based acetone. The global personal care industry is valued at USD 350 billion in 2017 and is estimated to grow at 5% per year. But the natural and sustainable cosmetics industry is expected to grow at 15% per year. Both customers and manufacturers are focusing on eco-friendly bio-based active ingredients, which is expected to drive the demand of bio-ketones in the coming years.

Bio PEEK the Dominant Product Type

The bio PEEK product type is estimated to account for the largest market share in the global bio-ketones market. PEEK is highly used in the automotive industry as a replacement of metals as it helps in the reduction of automobile, which, in turn, leads to further fuel efficiency. Features, such as increase in performance and weight minimization of in-engine components this coupled with the growth in the automotive industry has made bio PEEK market take a substantial lead in the bio-ketones market.

Medical Devices Industry Making North America the Dominant Market

Asia-Pacific was a leading consumer of bio-ketones in 2017, followed by North America and Europe. The bio-ketones market in China is likely to grow at a high rate during the forecast period, owing to the huge demand from the pharmaceutical industry in China. Moreover, with increasing demand of paints & coatings from the construction sector, along with increase in automotive manufacturing facilities across China, India, Thailand, and Indonesia, the demand for bio-ketones is expected to grow at a high rate in the coming years.

Notable Developments

In Dec 2017, Global Bioenergies announced the start-up phase of a project to convert renewable resources into acetone and isopropanol

Major Players: Solvay Speciality Polymers, Sigma-Aldrich Co. LLC, LanzaTech, Genomatica and Eastman Chemicals, amongst others.

Reason to Purchase this Report

To understand the impact of various product type on the market.
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
To understand the dominating product type and end-user industry in the market
Countries expected to witness the fastest growth during the forecast period
Identifying the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet in excel

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Bio-Ketones Market Forecast 2018-2023

The Bio-Ketones industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Bio-Ketones production, supply, sales and market status.

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Price of Bio-Ketones Market Report (single User Licence): $ 4250

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

 

 

 

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