Acetone is used in agriculture as fungicides and insecticides as it is a good solvent and acts as a carrier agent for the active ingredients. Also, it is used for thinning polyester resin and dissolving two-part epoxies and superglue before they harden. It also helps in cleaning of polyester resins and gelcoats.
Acetone is also a very effective means of removing casting resin from the skin. It is used in the production of gravure and flexography packaging printing inks. As Acetone is the solvent that dries the fastest, it is also used in screen printing as a solvent to strip lacquer and lacquer-adhered stencils from screen materials, as well as, as an ink thinner.
The global acetone market size is expected to reach USD 10.23 billion by 2030, expanding at a CAGR of 7.6% from 2023 to 2030.
The growth is driven by the rising consumption of the product as a cleaning agent and as a solvent in the production of plastics, textiles, cosmetics, and other personal care products.