Ketene Market -Size, Share, Growth, Trends and Forecast 2014 - 2020
The market for ketene was mainly driven by acetic anhydride and diketene market.This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
The market for ketene was mainly driven by acetic anhydride and diketene market.This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
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Transparency <strong>Market</strong> Research<br />
<strong>Ketene</strong> <strong>Market</strong> - Global Industry<br />
Analysis, <strong>Size</strong>, <strong>Share</strong>, <strong>Growth</strong>, <strong>Trends</strong><br />
<strong>and</strong> <strong>Forecast</strong> <strong>2014</strong> - <strong>2020</strong><br />
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REPORT DESCRIPTION<br />
A new research report by Transparency <strong>Market</strong> Research offers a comprehensive evaluation of the global <strong>Ketene</strong> market. The study,<br />
titled “<strong>Ketene</strong> <strong>Market</strong> - Global Industry Analysis, <strong>Size</strong>, <strong>Share</strong>, <strong>Growth</strong>, <strong>Trends</strong> <strong>and</strong> <strong>Forecast</strong> <strong>2014</strong> - <strong>2020</strong>”, is available for sale<br />
on the firm’s website.<br />
<strong>Ketene</strong>, commonly known as ethonone is organic compound. <strong>Ketene</strong>s are colorless, unsaturated ketones <strong>and</strong> are highly reactive in<br />
nature. <strong>Ketene</strong> polymerizes readily <strong>and</strong> hence are not stored or shipped in gaseous state. Most of the ketene manufactures use ketene<br />
for captive consumption as it cannot be isolated <strong>and</strong> stored. <strong>Ketene</strong> is majorly consumed in manufacturing of acetic anhydride <strong>and</strong><br />
diketene. Diketene is comparatively stable product <strong>and</strong> can be stored for weeks. Diketene is used in manufacturing of derivatives such<br />
amides, anilides <strong>and</strong> acetoacetic esters among others.<br />
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<strong>Ketene</strong> is used in manufacturing of various derivatives such as chloroacetyl chloride, sorbic acid <strong>and</strong> cinnamic acids among others.<br />
Both ketene <strong>and</strong> diketene are mostly used for the captive consumption or at the production sites due to their ability to undergo<br />
uncontrolled polymerization. On the basis of substitution by functional groups, the market for ketene can be classified as carbon<br />
substituted ketenes, oxygen substituted ketenes, nitrogen substituted ketenes <strong>and</strong> halogen substituted ketenes.<br />
The market for ketene was mainly driven by acetic anhydride <strong>and</strong> diketene market. Acetic anhydride is used in manufacturing of<br />
cellulose acetates. Cellulose acetate flakes are used in producing plastics, cigarette filters <strong>and</strong> filament yarns among others. Acetic<br />
anhydride finds applications in various end-user industries such as aromatics, agrochemicals, pharmaceutical <strong>and</strong> beverages among<br />
others. Diketene is used in manufacturing of derivative such as amides <strong>and</strong> anilines which are used in manufacturing of pigments <strong>and</strong><br />
dyestuffs.<br />
<strong>Ketene</strong> is used as replacement for polycarbonates, eliminating the usage of bisphenol A, considered as hazardous to health. Diketene<br />
derivatives such as diketene esters are used in various applications such as pharmaceutical, cosmetics, plasticizers, vitamin<br />
supplements <strong>and</strong> pigments among others. In medical <strong>and</strong> healthcare industry, ketenes are used in chemotherapy drugs which are to be<br />
targeted at a particular site. <strong>Ketene</strong>s also find appellations in wire <strong>and</strong> cables, piping <strong>and</strong> inks among others. However, environmental<br />
restrictions coupled health regulations associated with ketene industry are anticipated to hider the growth of the market in next few<br />
years.
In 2013, Asia Pacific had the highest dem<strong>and</strong> for ketene amongst all regions. Asia Pacific is also considered among fastest growing<br />
markets for ketene due to increasing dem<strong>and</strong> acetic anhydride <strong>and</strong> diketene <strong>and</strong> its derivatives in this region. China had the highest<br />
dem<strong>and</strong> for <strong>Ketene</strong> in Asia Pacific region. Huge acetic anhydride industry is driving the dem<strong>and</strong> for ketene in this region. India,<br />
Taiwan <strong>and</strong> Japan are among other Asian countries which are likely to provide better growth opportunity for ketene market in next few<br />
years to come. In terms of dem<strong>and</strong>, Asia Pacific was followed by North America.<br />
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Increasing dem<strong>and</strong> of acetic anhydride <strong>and</strong> diketene from industries such as pharmaceutical aromatics, cellulose acetate <strong>and</strong> pigments<br />
is driving the dem<strong>and</strong> in this region. U.S. had the largest dem<strong>and</strong> for ketene owing to huge dem<strong>and</strong> for cellulose acetate flakes in the<br />
market. Europe had the third largest dem<strong>and</strong> for ketene market in 2013. Western Europe is one of the largest consumers of ketene <strong>and</strong><br />
is expected to follow similar trend over forecast period. However, stringent regulations from REACH <strong>and</strong> EU are likely to hinder the<br />
growth of the market in near future. Rest of the World market is anticipated to minimal growth for the ketene market in near future.<br />
Central <strong>and</strong> South America had the minimal dem<strong>and</strong> for ketene among all regions.<br />
Some of the key manufacturers in the ketene market are Lonza Group, Kemira Oyj <strong>and</strong> Daicel Corporation among others.<br />
This research report analyzes this market on the basis of its market segments, major geographies, <strong>and</strong> current market trends.<br />
Geographies analyzed under this research report include<br />
• North America<br />
• Asia Pacific<br />
• Europe<br />
• Rest of the World<br />
This report provides comprehensive analysis of<br />
• <strong>Market</strong> growth drivers<br />
• Factors limiting market growth<br />
• Current market trends<br />
• <strong>Market</strong> structure<br />
• <strong>Market</strong> projections for upcoming years<br />
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