Ketone Industry with Future Market Projections for Forthcoming Years 2014 – 2020

Ketones usually simple are compounds that contain a carbonyl group, and due to exclusion of reactive groups such as –Cl or –OH, ketones are considered simple in nature. Industrial solvent acetone and sugar (ketoses) are some of the commonly used ketones. Various methods are implemented for the production of ketones in academic laboratories on an industrial scale, and are also produced in certain ways by organisms. Ketones are manufactured in industries on a large scale as pharmaceuticals, polymer precursors and solvents.

 

Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2719

 

On the basis of their type, ketones are divided into cyclohexane, methyl ethyl ketone (MEK) and acetone. Ketones are a common term in biochemistry, however, a lesser known term in organic chemistry. MEK is a colorless, flammable, stable liquid with similar odor to acetone. MEK exhibits the ability to be miscible with water and other organic solvents. MEK is a valuable and powerful solvent for many solvents such as resinous materials owing to its exceptional solvency.

 

Emerging regions such as Asia Pacific, particularly China accounted for the largest market share in the MEK market and expected to lead the market over the forecast period, due to rapid economic growth in these economies. However, a recent decrease in market share in 2011 occurred in Asia Pacific where consumption of MEK was affected in Japan, majorly due to occurrence of natural disasters such as tsunami and earthquake. Acetone is another type of ketone which is miscible with water and acts as a vital solvent, particularly for cleaning applications in laboratories. Acetones are majorly used as solvent as well as in the production of methyl methacrylate and bisphenol A. Acetone is a common building block in organic chemistry and are commonly used in households as active ingredients in nail polish removers as well as paint thinners. Other forms of ketone such as cyclohexane is used for manufacturing cyclohexanone and cyclohexanol, which are primarily used as precursors for caprolactum and adipic acid. The global demand for cyclohexane is expected to remain strong, primarily due to macroeconomic conditions such as cyclohexane’s intrinsic link to the polyamide chain and their consumption in textiles, construction and automobiles.

 

Read Report Overview @ https://www.transparencymarketresearch.com/ketone-market.html

 

This type of ketone is also a bio compatible material, which is semi crystalline in nature due to which it has been gaining worldwide acceptance as implants in the medical industry. Lack of toxicity, sterilization resistance and MRI compatibility are some of primary characteristics of polyether ether ketone which make them appropriate for different medical applications such as spine devices. In addition, rising number of research and development activities for increasing the application scope of the medical industry of PEEK is expected to provide new opportunities for the growth of the overall ketones market.

 

About Us

 

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

 

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

 

Contact

 

Transparency Market Research

State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453