Global Diethyl Ketone Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By End User;

Paints & Coating Industry, Chemical Industry, Pharmaceutical Industry, and Others.

By Application;

Solvent (for Cleaning or Degreasing ), Intermediate, Processing Aids, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn132606169 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Diethyl Ketone Market (USD Million), 2021 - 2031

In the year 2024, the Global Diethyl Ketone Market was valued at USD 876.40 million. The size of this market is expected to increase to USD 1233.19 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The diethyl ketone market is poised for significant growth, driven by expanding applications across various industries. A notable catalyst is the burgeoning paints and coatings sector, spurred by robust growth in the building and construction industry. Increased demand for paints and coatings is expected to fuel the expansion of the diethyl ketone market during the forecast period.

Diethyl ketone finds diverse applications as cleaning agents, in textiles, plastics, rubber-based industrial cement, and PVC piping. Growing awareness of healthy lifestyles and the subsequent rise in pharmaceutical production have also bolstered demand globally. This trend is driven by heightened individual awareness of wellness and increased disposable income, facilitating prompt disease treatment and thereby boosting pharmaceutical consumption. Consequently, the pharmaceutical industry's expansion is anticipated to significantly drive the diethyl ketone market.

Diethyl ketone's role as an intermediate in pesticide production further augments its demand in the agriculture industry. This multifaceted utility positions diethyl ketone as a pivotal component in various sectors, contributing to substantial market growth prospects. Additionally, innovations such as DSM's Decovery, a plant-based resin for paints, underscore the industry's commitment to sustainability by offering products with low volatile organic compounds (VOCs) to enhance air quality and reduce carbon footprints. Furthermore, diethyl ketone's versatility as a reagent in chemical synthesis, including its anticonvulsant properties demonstrated in mouse seizure models, highlights its potential for diverse applications and continued market expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By End User
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Diethyl Ketone Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Automotive and Construction Sectors
        2. Increasing Focus on Sustainable Solvents
      2. Restraints
        1. Volatility in Raw Material Prices
        2. Stringent Environmental Regulations
      3. Opportunities
        1. Development of Novel Applications
        2. Focus on Sustainable Production
    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 Diethyl Ketone Market, By End User, 2021 - 2031 (USD Million)
      1. Paints & Coating Industry
      2. Chemical Industry
      3. Pharmaceutical Industry
      4. Others
    2. Global Diethyl Ketone Market, By Application, 2021 - 2031 (USD Million)
      1. Solvent (for cleaning or degreasing )
      2. Intermediate
      3. Processing aids
      4. Others
    3. Global Diethyl Ketone 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. Nacalai Tesque, Inc
      2. Triveni interchem pvt. Ltd
      3. Nanjing New Hope Chemical Co.,Ltd
      4. Hanghai Pearlk Chemical Co., Ltd (Qidong)
      5. BASF SE
      6. Honeywell
      7. Spectrum Chemical Mfg. Corp
      8. Chemieliva Pharmaceutical Co., Ltd
  7. Analyst Views
  8. Future Outlook of the Market