Ketene,
commonly known as ethonone is organic compound. Ketenes are
colorless, unsaturated ketones and are highly reactive in nature.
Ketene polymerizes readily and hence are not stored or shipped in
gaseous state. Most of the ketene manufactures use ketene for captive
consumption as it cannot be isolated and stored. Ketene is majorly
consumed in manufacturing of acetic anhydride and diketene. Diketene
is comparatively stable product and can be stored for weeks.
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Diketene
is used in manufacturing of derivatives such amides, anilides and
acetoacetic esters among others. Ketene is used in manufacturing of
various derivatives such as chloroacetyl chloride, sorbic acid and
cinnamic acids among others. Both ketene and diketene are mostly used
for the captive consumption or at the production sites due to their
ability to undergo uncontrolled polymerization. On the basis of
substitution by functional groups, the market for ketene can be
classified as carbon substituted ketenes, oxygen substituted ketenes,
nitrogen substituted ketenes and halogen substituted ketenes.
The
market for ketene was mainly driven by acetic anhydride and diketene
market. Acetic anhydride is used in manufacturing of cellulose
acetates. Cellulose acetate flakes are used in producing plastics,
cigarette filters and filament yarns among others. Acetic anhydride
finds applications in various end-user industries such as aromatics,
agrochemicals, pharmaceutical and beverages among others. Diketene is
used in manufacturing of derivative such as amides and anilines which
are used in manufacturing of pigments and dyestuffs. Ketene is used
as replacement for polycarbonates, eliminating the usage of bisphenol
A, considered as hazardous to health. Diketene derivatives such as
diketene esters are used in various applications such as
pharmaceutical, cosmetics, plasticizers, vitamin supplements and
pigments among others. In medical and healthcare industry, ketenes
are used in chemotherapy drugs which are to be targeted at a
particular site. Ketenes also find appellations in wire and cables,
piping and inks among others. However, environmental restrictions
coupled health regulations associated with ketene industry are
anticipated to hider the growth of the market in next few years.
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In
2013, Asia Pacific had the highest demand for ketene amongst all
regions. Asia Pacific is also considered among fastest growing
markets for ketene due to increasing demand acetic anhydride and
diketene and its derivatives in this region. China had the highest
demand for Ketene in Asia Pacific region. Huge acetic anhydride
industry is driving the demand for ketene in this region. India,
Taiwan and Japan are among other Asian countries which are likely to
provide better growth opportunity for ketene market in next few years
to come. In terms of demand, Asia Pacific was followed by North
America.
Increasing
demand of acetic anhydride and diketene from industries such as
pharmaceutical aromatics, cellulose acetate and pigments is driving
the demand in this region. U.S. had the largest demand for ketene
owing to huge demand for cellulose acetate flakes in the market.
Europe had the third largest demand for ketene market in 2013.
Western Europe is one of the largest consumers of ketene and is
expected to follow similar trend over forecast period. However,
stringent regulations from REACH and EU are likely to hinder the
growth of the market in near future. Rest of the World market is
anticipated to minimal growth for the ketene market in near future.
Central and South America had the minimal demand for ketene among all
regions.
Some
of the key manufacturers in the ketene market are Lonza Group, Kemira
Oyj and Daicel Corporation among others.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
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of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
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