Global Diacetone Alcohol Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Chemical Intermediate, Solvents, and Additives.

By Application;

Paints & Coating, Chemicals, Construction, Polymer & Plastics, Textile, Leather, Agrochemicals, and Automotive.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn130645578 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Diacetone Alcohol Market (USD Million), 2021 - 2031

In the year 2024, the Global Diacetone Alcohol Market was valued at USD 1,562.18 million. The size of this market is expected to increase to USD 2,154.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.7%.

The global diacetone alcohol market is experiencing steady growth, driven by the increasing demand for this versatile chemical in various industrial applications. Diacetone alcohol, a colorless, flammable liquid with a mild odor, is primarily used as a solvent in the production of coatings, paints, and varnishes. It is known for its excellent solvent properties, which make it effective in dissolving a wide range of resins and chemicals. Additionally, diacetone alcohol serves as an intermediate in the production of other chemicals, such as acetic acid and methyl isobutyl ketone, expanding its utility across multiple sectors. The growing construction, automotive, and manufacturing industries, where diacetone alcohol is frequently used in coatings and adhesives, contribute significantly to its market demand.

The rise in consumer demand for high-performance, eco-friendly, and low-VOC (volatile organic compound) products has also spurred the growth of the diacetone alcohol market. Its solvent properties are valued in the production of formulations for paints, coatings, and cleaners that meet stringent environmental regulations. In particular, the shift towards environmentally conscious solutions in the automotive and industrial sectors has led to a preference for diacetone alcohol over other conventional solvents. Additionally, its use as a stabilizer in chemical processes and as a cleaning agent in the electronics industry has further broadened its application base. As more industries prioritize sustainability and safer alternatives to traditional chemicals, diacetone alcohol is positioned as a valuable ingredient in developing greener products.

The market is also influenced by advancements in manufacturing technologies, which have improved the production efficiency of diacetone alcohol. As industrial processes become more cost-effective and the availability of raw materials increases, the global supply of diacetone alcohol has become more consistent. Emerging markets in Asia Pacific, particularly China and India, are contributing to the growth of the diacetone alcohol market, driven by their expanding industrial sectors and demand for solvent-based products. The growing construction, automotive, and consumer goods sectors in these regions provide ample opportunities for market expansion, positioning diacetone alcohol as an essential chemical in a wide range of applications. The forecast period from 2020 to 2030 is expected to see continued growth in the global diacetone alcohol market, fueled by these ongoing trends in industrial demand and environmental sustainability.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Diacetone Alcohol Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing demand in paints and coatings industry
        2. Growth in pharmaceuticals and cosmetics sectors
        3. Expanding use in cleaning products and adhesives
      2. Restraints
        1. Fluctuating raw material prices
        2. Health and safety concerns related to toxicity
        3. Stringent environmental regulations
      3. Opportunities
        1. Rising demand for eco-friendly solvents
        2. Innovation in bio-based diacetone alcohol
        3. Expansion in emerging markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Diacetone Alcohol Market, By Type, 2021 - 2031 (USD Million)
      1. Chemical Intermediate
      2. Solvents
      3. Additives
    2. Global Diacetone Alcohol Market, By Application, 2021 - 2031 (USD Million)
      1. Paints & Coating
      2. Chemicals
      3. Construction
      4. Polymer & Plastics
      5. Textile
      6. Leather
      7. Agrochemicals
      8. Automotive
    3. Global Diacetone Alcohol Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Arkema Group
      2. Prasol Chemical Pvt. Ltd
      3. TCI Chemicals (India) Pvt. Ltd
      4. Tianjin Daofu Chemical New Technology Development
      5. Solventis Ltd.
      6. Monument Chemicals, Inc
      7. Solvay S.A
      8. Mitsubishi Chemical Corporation
  7. Analyst Views
  8. Future Outlook of the Market