Diketene or ethanone is an organic compound produced by dimerization of ketene and belongs to oxetane family. It is a colorless liquid with a pungent odor and exposure may cause irritation to eyes, nose and throat. Diketene is produced by various methods, one of the method used in industry is by dehydrating acetic acid at high temperature (700 to 750 degree Celsius) in presence of triethyl ether as a catalyst. Diketene is used for manufacturing of derivatives such as acetoacetates, alkylamides, acrylic acid esters arylamides and other Diketene derivatives.
Applications of Diketene are as follows:
- Pharmaceutical industry, Diketene is used in the manufacturing of wide range of antimicrobial and chemotherapeutic products. In synthesizing new compounds, qualitative and quantitative analysis of drugs
- Paints and agrochemical industries - for pesticide synthesis and product analysis
- In the production of dyestuff and pigments
Pesticide industry is the largest consumer of Diketene, 40% of this compound is consumed by this single large industry. Diketene is a highly reactive and can be combined to manufacture wide range of products in different industries. This growing demand from various markets is the major driver for the growth of Diketene market.
This report provides information on Diketene market size for the year 2014-2016, and forecast of the same for the year 2021. It also focuses on market drivers, challenges, restraints, market dynamics, growth indicators, competitive landscape, potential growth opportunities and other key aspects with respect to Diketene market.
The strong growth in the pigment industry due novel printing technology emergence in the developed countries is expected to increase demand for Diketene in the market. Europe had the high demand for Diketene market in 2013. Western Europe is one of the largest consumers of Diketene after US. Asia Pacific region, majorly India, China and Japan have growth potential for the pharmaceutical, chemical industries and hence is anticipated to boost demand for Diketene. The global output of Diketene is around 100 000 tons a year today. The main drivers for this growth will be China and India. China has huge production facilities for Diketene as there is an enormous consumption of Diketene as it is widely consumed across industries. The compound has minor toxicity, it causes eye, nose and throat irritation and can be a restraining factor for the market.
This report identifies global Dietene market on the basis of application and regional market as follows:
- Diketene market is segmented based on application
- A detailed analysis by region – North America, Europe, Asia Pacific (APAC) and Rest of the World (RoW), has been provided in this report
Sample Companies profiled in this report are:
- United Chemical Company
- Eastman Chemical Company
- Fmc Corp
- Hoechst Gmbh
- Celanese Corp