Acetone is a highly versatile solvent known for its effectiveness in various industrial and commercial applications. Its properties of quick evaporation and non-toxicity make it essential in many manufacturing processes.
Acetone is extensively used in the manufacturing of plastics and synthetic fibers, such as acrylics and polyurethanes. It is also a primary component in the production of methyl methacrylate and bisphenol A, which are precursors to several polymers. In the automotive industry, acetone is used as a solvent for cleaning tools and components during the manufacturing process.
In laboratory settings, acetone is utilized as a standard solvent for cleaning glassware because of its ability to dissolve organic substances effectively without affecting the glass. It is also frequently used in various scientific testing and research procedures, especially in the field of chromatography as a means for eluting components.
At the consumer level, acetone is commonly found in nail polish removers and paint thinners. It breaks down and removes synthetic enamels, varnishes, and lacquers swiftly. Home users also employ acetone for general cleaning purposes, particularly for degreasing and preparing metal before painting.
In the medical field, acetone is used in various skincare products and topical treatments, owing to its degreasing properties that help in acne treatment. Dermatologists utilize it for skin peels and in the sanitization of medical equipment. Additionally, it serves as a key ingredient in several cosmetic preparations, enhancing the solubility of other compounds in formulations.
The acetone market has exhibited significant growth in recent years, with its global market size valued at USD 6.02 billion in 2022. This trajectory is expected to continue, as projections estimate the industry could reach USD 11.03 billion by 2031. Factors contributing to this growth include an increased demand in various industrial applications, advancements in production technologies, and economic expansion in emerging markets.
Recent data indicates that global production of acetone is on an upward trend, aligning with an accelerating market size. The market has been driven primarily by its extensive usage in the production of acrylic plastics and other synthetic materials, which are integral to sectors such as automotive, electronics, and construction.
China, the United States, and Belgium are currently the leading exporters of acetone, leveraging their expansive industrial bases and technological prowess in chemical manufacturing. Conversely, importers like Germany, South Korea, and Japan showcase high demand due to their substantial manufacturing sectors needing extensive supplies of industrial solvents and chemical intermediates.
The average price of acetone per metric ton has experienced fluctuations, primarily influenced by raw material costs and market demand. Currently, the price trends show a gradual increase due to tightening supply chains and increased production costs. This upward trend in prices is anticipated to persist as demand continues to grow across various industrial verticals.
When sourcing Acetone, a key consideration is identifying reliable suppliers who provide high-quality product and consistent delivery. The USA hosts several notable suppliers including Shell Chemicals, Westlake Chemical, Dow Chemical, and Eastman Chemical Co., each contributing significantly to domestic needs. Additionally, international giants like INEOS Phenol and Royal Dutch Shell PLC play pivotal roles in global acetone production, with INEOS Phenol being the largest producer worldwide.
Key markets for acetone import include China, which accounts for almost 29% of worldwide imports, followed by Germany, Netherlands, and India. These countries leverage their substantial imports to support local industries like automotive, construction, and agriculture. Export leaders like Saudi Arabia, Spain, South Korea, and Thailand contribute significantly to global acetone trade, ensuring the flow of this essential chemical across continents.
Acetone, widely used as a solvent and in chemical production, is subject to stringent regulatory controls. In the European Union, acetone is regulated under several chemicals management frameworks, notably REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals). REACH requires companies to register acetone if manufactured or imported above one tonne per year, providing safety data and risk management measures.
In the EU, the classification, labeling, and packaging of substances like acetone must comply with the CLP Regulation (EC No 1272/2008). This ensures that the hazards presented by chemicals are clearly communicated to workers and consumers in the European Union through classification and labeling. Acetone is classified as a highly flammable liquid and vapor, which can cause serious eye irritation and may have narcotic effects in high concentrations.
For businesses involved in the international trade of acetone, understanding the tariff codes is crucial. Acetone falls under HS code 2914.11, which applies to organic compounds. Depending on the destination, tariffs might apply when exporting or importing acetone. Detailed, current tariff information can be obtained from the TARIC database (Tariff Integrated of the European Community), which provides extensive data on duties and other measures applied to goods imported into the EU or exported from it.
Staying informed about the latest regulatory developments impacting acetone is vital for compliance and operational success. The European Chemicals Agency (ECHA) website is a valuable resource for updates on REACH, CLP regulations, and other safety guidelines. Additionally, the TARIC database should be consulted for the latest information on tariffs and trade measures affecting acetone.
Acetone is a highly flammable liquid that requires careful handling and storage to ensure safety. It should be kept away from heat sources, sparks, and open flames. It also has a high evaporation rate, which can lead to rapid concentration of vapors and potential fire hazards.
When handling acetone, it's crucial to wear appropriate personal protective equipment such as gloves, safety goggles, and a lab coat. Inhaling acetone fumes can lead to respiratory irritation, headaches, dizziness, and even central nervous system effects if exposure is prolonged.
If acetone contact occurs, immediately rinse the affected area with plenty of water. For eye exposure, flush the eyes with water for at least 15 minutes and seek medical attention. Inhalation exposures require moving to fresh air swiftly and seeking medical advice if symptoms persist.
In the event of an acetone spill, use inert absorbent materials like sand to contain the spill. Dispose of acetone waste according to local environmental control regulations. Avoid releasing into the environment and ensure that disposal methods are in compliance with governmental regulations.
Acetone, also known as propanone, is a volatile, flammable liquid commonly used as a solvent in the chemical industry and in households. Proper packaging and storage are critical to ensure safety and maintain the chemical's integrity. Due to its highly evaporative nature and reactivity to light and heat, special attention must be given to the type of containers and storage conditions.
Acetone is typically packaged in materials that can withstand its solvent properties and prevent leakage. Common packaging options include high-density polyethylene (HDPE) containers, glass bottles, and metal drums, particularly steel. For consumer use, it's often found in smaller, sealed plastic or glass containers to minimize exposure to air. For industrial applications, acetone is commonly shipped in larger 55-gallon steel drums or bulk containers that are specifically designed to handle volatile organic compounds (VOCs).
When storing acetone, it is crucial to place it in a cool, dry, well-ventilated area away from direct sunlight and heat sources. It should be stored separately from oxidizing agents, acids, and bases to prevent hazardous reactions. Furthermore, grounding and bonding procedures must be applied when transferring the liquid to prevent static-induced accidents. Occupational safety guidelines, such as those from the Occupational Safety and Health Administration (OSHA), provide regulations on the safe handling and storage of acetone to prevent fire hazards and health risks.
