| Product Code: ETC7535878 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s acetone import shipments continue to see significant growth, with a notable increase in concentration among the top exporting countries. In 2024, Thailand, South Korea, Taiwan, Province of China, Singapore, and China emerged as key contributors to India`s acetone imports. The Herfindahl-Hirschman Index (HHI) indicated a shift towards very high concentration in 2024, reflecting the dominance of these countries in the market. With a remarkable compound annual growth rate (CAGR) of 21.28% from 2020 to 2024 and a staggering growth rate of 54.95% from 2023 to 2024, the acetone import market in India is witnessing rapid expansion and evolving dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Acetone Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Acetone Market Revenues & Volume, 2021 & 2031F |
3.3 India Acetone Market - Industry Life Cycle |
3.4 India Acetone Market - Porter's Five Forces |
3.5 India Acetone Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 India Acetone Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 India Acetone Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from end-use industries such as pharmaceuticals, paints and coatings, and chemicals. |
4.2.2 Growing population and urbanization in India leading to higher consumption of consumer products containing acetone. |
4.2.3 Rising investments in infrastructure projects and construction activities driving the demand for acetone-based products. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of acetone. |
4.3.2 Stringent environmental regulations concerning acetone production and usage. |
4.3.3 Competition from substitute products affecting the market growth of acetone. |
5 India Acetone Market Trends |
6 India Acetone Market, By Types |
6.1 India Acetone Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 India Acetone Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 India Acetone Market Revenues & Volume, By Solvent, 2021- 2031F |
6.1.4 India Acetone Market Revenues & Volume, By Bisphenol A (BPA), 2021- 2031F |
6.1.5 India Acetone Market Revenues & Volume, By Methyl Methacrylate (MMA), 2021- 2031F |
6.1.6 India Acetone Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Acetone Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 India Acetone Market Revenues & Volume, By Paints & Coatings, 2021- 2031F |
6.2.3 India Acetone Market Revenues & Volume, By Plastic, 2021- 2031F |
6.2.4 India Acetone Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.5 India Acetone Market Revenues & Volume, By Adhesives, 2021- 2031F |
6.2.6 India Acetone Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.7 India Acetone Market Revenues & Volume, By Cosmetics, 2021- 2031F |
6.2.8 India Acetone Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 India Acetone Market Revenues & Volume, By Others, 2021- 2031F |
7 India Acetone Market Import-Export Trade Statistics |
7.1 India Acetone Market Export to Major Countries |
7.2 India Acetone Market Imports from Major Countries |
8 India Acetone Market Key Performance Indicators |
8.1 Average selling price of acetone in the Indian market. |
8.2 Capacity utilization rate of acetone production facilities. |
8.3 Number of new product launches or innovations in the acetone market. |
9 India Acetone Market - Opportunity Assessment |
9.1 India Acetone Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 India Acetone Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 India Acetone Market - Competitive Landscape |
10.1 India Acetone Market Revenue Share, By Companies, 2024 |
10.2 India Acetone Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here