Cyclic Ketones Market Segmentation:
Application Segment Analysis
In terms of application, the pharmaceutical segment in the cyclic ketones market is set to hold the largest share of 20% during the time period. Ketones, such as butanone and acetone, are widely used in the pharmaceutical industry as solvents, reagents and intermediates in the preparation of medicines and other pharmaceutical products. In particular, acetone is used as a solvent in the manufacture of many drugs, including vitamins, hormones and antibiotics.
Application Segment Analysis
Based on application, the adipic acid segment is expected to grow substantially by the end of 2035. The growth of this market can be driven by the increasing demand for adipic acid in the polyester industry. It is a key feedstock that is used in a wide variety of applications including packaging, textiles, and automotive parts. Furthermore, it is also used in the production of several construction materials such as adhesives and sealants.
Our in-depth analysis of the global market includes the following segments:
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