The Lithuanian acetone market was equal to 2 thousand tons in 2013. The largest share of acetone consumption in the same year was for the production of miscellaneous, which accounted for around 100.0% of the total in volume terms. The only chemical that has not been decreasing during the period is miscellaneous. Until 2023, Lithuania market is forecast to reach 2 thousand tons, thus remaining flat for the period 2018-2023.
There is likely to be no Lithuanian production of acetone in the medium term. In addition, the market is forecast to remain relatively unbalanced in terms of supply and demand, also showing mixed dynamics in the medium term.
The insights are from a recently published report about the Lithuanian acetone market. As an overall, the report presents a strategic analysis of the acetone market in Lithuania and a forecast for its development in the medium term. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, production capacities, trends, prices, production, imports, exports, growth and demand drivers, and all other important factors, influencing its development. The report also focuses on product breakdown, offering a larger perspective on the market dynamics within the country.
The research report has been prepared using the unique Williams and Marshall Strategy’s methodology, including a blend of qualitative and quantitative data. The information comes from official sources and insights from market experts (representatives of the main market participants), gathered by semi-structured interviews. This report will allow its readers to quickly and cost–effectively get a strategic analysis and gain competitive intelligence about the market and to track market data, including size, value, segmentation, forecasts, dynamics and structure – past, present and future. In addition, the readers will be able to strategically assess the competitive position of the main market players, explore and identify new market opportunities in the country, recognize key market trends, opportunities and threats and key drivers behind recent market changes as well as strategically evaluate market growth potential.
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