Acetone Manufacturers in USA – Acetone Industry Analysis
The leading acetone manufacturers in USA have been expanding rapidly in the recent past owing to wide acetone uses in skin care industry. The global acetone industry was worth almost $6 billion in 2017 and has been forecasted to grow significantly at a CAGR of around 4% for the next five years. The growth of the acetone suppliers is driven by the ever-increasing rate of industrialization across the globe and the suppliers who need acetone uses for skin are also fueling the growth of the Acetone industry. Acetone uses in various industries has significantly increased, such as in the electronics sector, cosmetic industry, and in the automotive manufacturing industry. The top acetone manufacturers in USA from the acetone industry are increasingly focusing on R&D and advanced technology to broaden the scope of acetone application across various sectors and be able to bring down the acetone price to a great extent.
List of Top Acetone Manufacturers in USA
1. INEOS Phenol
INEOS Phenol is one of the largest acetone manufacturers in USA in the acetone industry with an annual production capacity of more than 1 million tons. INEOS Phenol was founded in 1998 and the headquarters of this major acetone supplier in Switzerland. This leading chemical company manufactures acetone uses for skin and acetone uses for industry applications. Many buyers in the APAC and MEA region are not sure where to buy acetone from and INEOS Phenol is making its presence felt more visibly in these markets to consolidate their market share in the Acetone industry.
Shell Chemicals is one of the top acetone manufacturers in USA with a huge market for acetone uses in various industries. This market leader from the acetone industry manufactures almost 1.2 billion tons of acetone at the best acetone price. Shell Chemicals is a part of the Royal Dutch Shell Group and was established in the US at Houston, Texas in the year 1929. Currently, this big acetone suppliers have 3 big manufacturing facilities at Alabama, Louisiana, and Texas and collectively manufactures 20 billion pounds of chemicals every year and is one of the best acetone manufacturers in USA for several decades.
Westlake Chemical is one of the leading acetone suppliers from the acetone industry offering acetone uses for the skin. This top acetone manufacturer in USA was founded in 1986 by T T Chao and is headquartered in Houston, Texas. Westlake Chemicals acquired Axial Corporation to become one of the largest LDPE manufacturers in USA. This company has an annual revenue of over $4 billion and employs more than 3,000 employees. In addition, this leading company manufactures around 240,000 tons of acetone uses for the industry every year and is regarded as one of the leaders in the petrochemicals industry.
4. Dow Chemical
Dow Chemical is one of the oldest and largest acetone manufacturers in USA with acetone production capacity of more than one billion tons every year. This leading acetone supplier was established in 1897 by Herbert Henry Dow and is headquartered at Michigan, US. This chemical giant manufacturers acetone uses for skin and acetone uses in industrial applications as well at the best acetone price. Dow Chemical is a renowned brand and most of the buyers know where to buy acetone from owing to this company’s vast presence in the Acetone industry. Dow Chemical Group had an annual sales revenue of around $48 billion in 2017.
Sunoco is one of the top acetone manufacturers in USA and a leading petrochemical company in the world. This is one of the best acetone suppliers in the acetone industry was founded in 1886 by Joseph Newton Pew at Dallas, Texas. Sunoco manufactures more than 1.3 billion tons of acetone every year for acetone uses in industrial applications and for acetone uses for the skin. This leading acetone manufacturing company has an annual revenue of around $12 billion and employs more than 6,500 professionals across the globe.
Domo Chemicals is another of the top acetone manufacturers in USA with a large production capacity and a wide distribution network across the Acetone industry in USA. This leading acetone suppliers has a massive production unit and offers one of most reasonable acetone price. Domo Chemicals was established in 1942 and is currently ranked among the best acetone manufacturers in USA with an acetone production capacity of around 60,000 tons per year. This company is chaired by Alex Segers and the global headquarters of Domo Chemicals is at Leuna, Saxony-Anhalt, Germany.
The Outlook of the Best Acetone Manufacturers in USA
The demand for acetone uses for skin and acetone uses in industrial applications is likely to grow bigger as the top acetone manufacturers in USA continue to offer the best quality acetone at the most reasonable price in the Acetone industry. The leading acetone suppliers are competing based on effective pricing and large networks for distribution. As many buyers of acetone are gradually becoming aware of where to buy acetone from, the best acetone manufacturers in USA are creating a strong brand image to fortify their current market position and reaching to newer markets across the globe to augment their market share in the Acetone industry. North America is one of the largest markets in the world for both consumption and production of acetone, and this also likely to spur the growth of the leading acetone suppliers in this region for the next few years.