Market Overview:
The global 2-indanone market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for 2-indanone in pharmaceutical and other industries. In terms of purity, the global 2-indanone market is segmented into two types: purity ≥98% and purity ≥99%. The demand for high-purity 2-indanone is expected to increase during the forecast period owing to its growing application in various industries. North America dominates the global 2-indanone market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
2-Indanone is a ketone with the formula C9H10O. It is a colorless liquid that is soluble in alcohol and ether. 2-Indanone has an intense, fruity odor.
Purity ≥98%:
2-indanone is a chemical, which is also known as indane. It's an organic compound and it has a pungent odor similar to gasoline. Indane is colorless & flammable liquid with a mild aromatic scent. It's produced by the catalytic hydration of ethylene, which occurs naturally in coal gasification and petroleum refining processes.
Purity ≥99%:
2-indanone is a chemical, which is also known as indane. It has a pungent odor similar to garlic and tastes metallic. Indanes are colorless, volatile organic compounds with a strong garliclike odor. They are used in the production of plastics and resins that have applications in construction materials, automotive components, furniture & interior goods industries.
Application Insights:
The other application segment accounted for the largest share of over 50.0% in 2017 and is expected to witness significant growth over the forecast period owing to its wide range of applications such as polyurethane foam, adhesives, coatings, elastomers and plastics.
2-Indanones are used as a raw material for the production of various products such as pharmaceutical intermediates; plasticizers; pesticides; agrochemicals & biocides; personal care products including hair dyes & colors and skin creams/lotions (excluding baby oils); rubber processing chemicals including vulcanization accelerators (vacuum gas oil process), tire cord materials (natural rubber) and industrial solvents.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is anticipated to witness significant growth over the forecast period. This can be attributed to increasing R&D activities by various companies in this region. Moreover, growing pharmaceutical industry coupled with rising healthcare expenditure by governments of various countries is expected to drive 2-indanone demand over the forecast period.
Europe accounted for a major share of global 2-indanone market owing to high purity product demand from several end-use industries such as fragrance, flavors & fragrances, cosmetics and pharmaceuticals. The presence of stringent regulations regarding environmental pollution has led European manufacturers focus on sustainable production practices which will have a positive impact on product availability in future years.
North America emerged as second fastest growing regional market with CAGR exceeding 6% during the forecast period due to rapid expansion of end-use industries such as fragrance.
Growth Factors:
- Increasing demand from end-use industries such as pharmaceuticals, agrochemicals, and flavors & fragrances.
- Growing popularity of 2-indanone as a green solvent owing to its environmental friendly nature and non-toxicity.
- Rising investment in research and development for the commercialization of new applications of 2-indanone derivatives.
- Technological advancements in production processes that would lead to reduced production costs of 2-indanone derivatives
Scope Of The Report
Report Attributes
Report Details
Report Title
2-Indanone Market Research Report
By Type
Purity ≥98%, Purity ≥99%
By Application
Pharmaceutical Industry, Other
By Companies
Jinxiang Chemical, Hunan Huateng Pharmaceutical, Shandong Yinglang Chemical, Anshan Beida Industry, Jinxiang Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global 2-Indanone Market Report Segments:
The global 2-Indanone market is segmented on the basis of:
Types
Purity ≥98%, Purity ≥99%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jinxiang Chemical
- Hunan Huateng Pharmaceutical
- Shandong Yinglang Chemical
- Anshan Beida Industry
- Jinxiang Chemical
Highlights of The 2-Indanone Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity ≥98%
- Purity ≥99%
- By Application:
- Pharmaceutical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 2-Indanone Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
2-Indanone is a chemical compound with the molecular formula C10H8N4O2. It is a white solid that is soluble in water and most organic solvents.
Some of the major players in the 2-indanone market are Jinxiang Chemical, Hunan Huateng Pharmaceutical, Shandong Yinglang Chemical, Anshan Beida Industry, Jinxiang Chemical.
The 2-indanone market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 2-Indanone Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 2-Indanone Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 2-Indanone Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 2-Indanone Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 2-Indanone Market Size & Forecast, 2018-2028
4.5.1 2-Indanone Market Size and Y-o-Y Growth
4.5.2 2-Indanone Market Absolute $ Opportunity
Chapter 5 Global 2-Indanone Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 2-Indanone Market Size Forecast by Type
5.2.1 Purity ≥98%
5.2.2 Purity ≥99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 2-Indanone Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 2-Indanone Market Size Forecast by Applications
6.2.1 Pharmaceutical Industry
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2-Indanone Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 2-Indanone Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 2-Indanone Analysis and Forecast
9.1 Introduction
9.2 North America 2-Indanone Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 2-Indanone Market Size Forecast by Type
9.6.1 Purity ≥98%
9.6.2 Purity ≥99%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 2-Indanone Market Size Forecast by Applications
9.10.1 Pharmaceutical Industry
9.10.2 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 2-Indanone Analysis and Forecast
10.1 Introduction
10.2 Europe 2-Indanone Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 2-Indanone Market Size Forecast by Type
10.6.1 Purity ≥98%
10.6.2 Purity ≥99%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 2-Indanone Market Size Forecast by Applications
10.10.1 Pharmaceutical Industry
10.10.2 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 2-Indanone Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 2-Indanone Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 2-Indanone Market Size Forecast by Type
11.6.1 Purity ≥98%
11.6.2 Purity ≥99%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 2-Indanone Market Size Forecast by Applications
11.10.1 Pharmaceutical Industry
11.10.2 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 2-Indanone Analysis and Forecast
12.1 Introduction
12.2 Latin America 2-Indanone Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 2-Indanone Market Size Forecast by Type
12.6.1 Purity ≥98%
12.6.2 Purity ≥99%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 2-Indanone Market Size Forecast by Applications
12.10.1 Pharmaceutical Industry
12.10.2 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 2-Indanone Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 2-Indanone Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 2-Indanone Market Size Forecast by Type
13.6.1 Purity ≥98%
13.6.2 Purity ≥99%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 2-Indanone Market Size Forecast by Applications
13.10.1 Pharmaceutical Industry
13.10.2 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 2-Indanone Market: Competitive Dashboard
14.2 Global 2-Indanone Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jinxiang Chemical
14.3.2 Hunan Huateng Pharmaceutical
14.3.3 Shandong Yinglang Chemical
14.3.4 Anshan Beida Industry
14.3.5 Jinxiang Chemical
