The India diacetone alcohol market size reached USD 47.88 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 70.75 Million by 2033, exhibiting a growth rate (CAGR) of 4.44% during 2025-2033. The rising demand in the paints, coatings, and adhesives industries, supported by construction and automotive sector growth, is one of the factors propelling the growth of the market. Increasing use in chemical intermediates, solvents, and industrial cleaners, along with expanding pharmaceutical and cosmetic applications, also fuels market expansion.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 47.88 Million |
Market Forecast in 2033 | USD 70.75 Million |
Market Growth Rate 2025-2033 | 4.44% |
Growth in Paints and Coatings Driving Demand
The increasing demand for diacetone alcohol in India is closely linked to the growth of the paints and coatings sector. Expanding infrastructure projects and rising urbanization are key drivers, leading to greater consumption of construction materials. Consumers are also showing a stronger preference for durable, long-lasting, and eco-friendly products. This shift encourages the adoption of high-performance solvents like diacetone alcohol, commonly used in paints, adhesives, and coatings. Additionally, manufacturers are focusing on sustainable solutions to meet regulatory standards and environmental expectations. As construction and renovation activities surge, diacetone alcohol remains essential in supporting the production of superior quality coatings and finishes, ensuring continued demand across the market. For example, the India paints and coatings market size reached USD 8.8 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 17.4 Billion by 2033, exhibiting a growth rate (CAGR) of 7.35% during 2025-2033. Market growth across the country is primarily driven by expanding infrastructure projects, growing urbanization, and shifting consumer preferences toward durable and eco-friendly solutions.
Rising Agricultural Demand Boosting Chemical Consumption
The growing demand for diacetone alcohol in India is influenced by the expanding agrochemical sector. Increasing agricultural activities, driven by the need for higher crop yields, have led to greater use of agrochemicals, where diacetone alcohol serves as a crucial solvent in pesticide and herbicide formulations. Technological advancements in farming practices, alongside government initiatives supporting agricultural productivity, further enhance the demand for effective and reliable chemical solutions. As farmers adopt modern techniques to maximize output and ensure crop protection, the role of diacetone alcohol in facilitating the formulation of agricultural products becomes increasingly significant. This ongoing reliance on high-performance solvents underscores its essential role in meeting the evolving needs of the agrochemical industry. The India agrochemicals market features robust growth, driven by increasing agricultural demand, technological advancements, and government support for farming practices. According to the latest report by IMARC Group, the market size reached USD 7.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 11.9 Billion by 2032, exhibiting a growth rate (CAGR) of 4.50% during 2024-2032.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on function and end user industry.
Function Insights:
The report has provided a detailed breakup and analysis of the market based on the function. This includes solvents, chemical intermediates, and additives.
End User Industry Insights:
A detailed breakup and analysis of the market based on the end user industry have also been provided in the report. This includes paints coating, chemicals, construction, polymer plastics, textile, leather, agrochemicals, automotive, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Functions Covered | Solvents, Chemical Intermediates, Additives |
End User Industries Covered | Paints Coating, Chemicals, Construction, Polymer Plastics, Textile, Leather, Agrochemicals, Automotive, Others |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |