South America Acetone Market Size, Share, and COVID-19 Impact Analysis, By Application (Methyl Methacrylate, Bisphenol A, Solvents, Powder, Others), By End-User (Plastic, Chemical, Pharmaceutical, Cosmetics & Personal Care, Paint & Coatings, and Others), and South America Acetone Market Insights, Industry Trends, Forecast to 2035

South America Acetone Market Insights Forecasts to 2035

• The South America Acetone Market Size Was Estimated at USD 493.1 Million in 2024
• The Market Size is Expected to Grow at a CAGR of Around 8.64% from 2025 to 2035
• The South America Acetone Market Size is Expected to Reach USD 1227.3 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South America Acetone Market size is anticipated to reach USD 1227.3 million by 2035, growing at a CAGR of 8.64% from 2025 to 2035. The market is driven by the increasing use of acetone as an industrial solvent across multiple sectors, including pharmaceuticals, paints, coatings, and adhesives, due to its excellent dissolving properties.

Market Overview

The acetone market encompasses the production, distribution, and consumption of propanone, which represents the smallest and simplest ketone compound. The substance exists as a volatile liquid that has no color and can easily catch fire, while it possesses the ability to dissolve various organic materials, which include both plastics and synthetic fibers. Acetone serves as an ingredient in household items, which include both cosmetics and personal care products, while its most common use remains the creation of nail polish removers.

In June 2022 INEOS Phenol launched its first bio-attributed product line for phenol, acetone, and alphamethylstyrene AMS. The products will be marketed through the brand because they contain no fossil fuel-based feedstock components.

Braskem approved an investment worth  in November 2025 to construct new production facilities at its Rio de Janeiro petrochemical complex, which serves as a significant step forward for its industrial development and modernization program. Economic and political instability in various regional nations will result in decreased industrial production and reduced foreign investment. The region depends on international markets for its production capacity because local production capabilities are inadequate to handle supply chain interruptions and global price changes.

Report Coverage

This research report categorises the South America acetone market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South America acetone market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South America acetone market.

Driving Factors

The acetone market in South America is driven by the increasing need for nail care products, with skincare products driving the current market expansion. Acetone serves as a common solvent in technical grade applications for lacquers and adhesives and concrete admixtures. The current demand in the market exists because infrastructure projects continue to develop throughout the region. The rising output of Bisphenol A and Methyl Methacrylate (MMA) which serve as essential raw materials for polycarbonate and acrylic plastic production in automotive lightweighting applications, has increased regional demand.

Restraining Factors

The acetone market in South America is restrained by the market experiences high sensitivity to price changes because there are no local manufacturing plants available. The distribution network operates inconsistently while the logistics system remains divided, which leads to higher transportation expenses for acetone in non industrialized regions.

Market Segmentation

The South America acetone market share is categorised into application and end user.

• The methyl methacrylate segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The South America acetone market is segmented by application into methyl methacrylate, bisphenol a, solvents, powder, others. Among these, the methyl methacrylate segment accounted for the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth of the segment is driven by the material demonstrates its ability to create long lasting transparent materials through its testing process. The material serves an essential function in manufacturing acrylic products, which find extensive application in construction, automotive and consumer product industries.

• The plastic segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.  

Based on end user, the South America acetone market is segmented into plastic, chemical, pharmaceutical, cosmetics & personal care, paint & coatings, and others. Among these, the plastic segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is driven by the industry needs this solution because its production demands more effective polymer manufacturing methods and blending solutions. The plastic industry shows continuous growth because packaging and automotive applications drive increasing demand for its products.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South America acetone market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies                                                                                                       

• INEOS Phenol
• Shell PLC
• Cepsa 
• Mitsui 
• SABIC
• Honeywell 
• Arkema 
• Solvay 
• Domo 
• Altivia 
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the South America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South America Acetone Market based on the below-mentioned segments:

South America Acetone Market, By Application

• Methyl Methacrylate
• Bisphenol A
• Solvents
• Powder
• Others

South America Acetone Market, By End User

• Plastic
• Chemical
• Pharmaceutical
• Cosmetics & Personal Care
• Paint & Coatings
• Others