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Top 11 Acetone Manufacturers in USA

Top Acetone Manufacturers in USA

Chemicals | Sep, 2025

The United States acetone market is a vital segment of the broader chemical industry, serving as a key raw material for solvents, Bisphenol-A (BPA), methyl methacrylate (MMA), and various industrial applications. Large chemical manufacturers such as INEOS, Dow Chemical, Shell, Honeywell, and Sabic, are instrumental in shaping the acetone industry in United States. These firms manage key production facilities and control a significant share of global capacity for acetone and related intermediates like phenol.

Their large-scale operations enable economies of scale, contribute to supply stability, and support innovations in sustainability, including exploration of bio-based acetone alternatives. Through strategic investments and R&D, they drive cost efficiencies, meet evolving regulatory demands, and foster application diversification across sectors like cosmetics, pharmaceuticals, and automotive coatings.

Top 11 Acetone Manufacturers in United States:

1.    INEOS Group

Establishment

1998

Headquarters

Rolle, Switzerland

Revenue (2024)

USD 18.76 Billion

Major Markets

North America and Europe

Global Market Positioning

Bulk Acetone/Phenol Producer at Global Level

INEOS Phenol is the world’s largest phenol and acetone producer, vertically integrated to supply phenol-based value chains (BPA, resins) and merchant acetone. The business emphasizes operational scale and supply reliability, serving large downstream polymer, coatings and pharmaceutical customers. In 2024, INEOS adjusted production footprints in response to European energy and carbon costs. In the year 2025, the group announced restructuring moves affecting European facilities to protect its global competitiveness. INEOS continues to prioritize feedstock flexibility and logistics to service North American markets while encouraging efficiency and uptime improvements across its plants. Its strategic focus remains on securing phenol–acetone integration, maintaining supply continuity for major industrial customers, and managing cost pressures from energy and carbon pricing.

2.    Shell USA, Inc.

Establishment

1912

Headquarters

Texas, United States

Revenue (2024)

USD 284.31 Billion

Major Markets

North America, Europe, Asia-Pacific

Global Market Positioning

Integrated Bulk Acetone Supplier at Global Level

Shell Chemicals intermediates to industrial markets, acetone is offered under Shell’s chemicals distribution channels with region-specific product notices and restrictions. Shell continues to manage asset turnarounds and planned maintenance to balance supply, in 2025 the company published updated product application documentation and managed planned turnarounds at some solvents/phenol facilities as part of reliability programs. Shell’s chemicals strategy stresses integration of feedstock, careful asset scheduling, and meeting customer compliance needs while progressing energy transition measures through emissions management and process efficiency upgrades.

3.    The Dow Chemical Company

Establishment

1897

Headquarters

Michigan, United States

Revenue (2024)

USD 42.96

Major Markets

North America, Europe, Asia-Pacific

Global Market Positioning

Top Commodity Acetone Producer at Global Level

 

Dow is a major commodity chemical supplier with a wide solvent portfolio, its acetone supplies feed coatings, adhesives, and intermediate markets. In 2025, Dow continued portfolio and capital optimisation (including divestments and asset sales) to focus on core value-adding businesses while pursuing circular chemistry pilots and sustainability targets. Dow’s strategy blends global scale production, commercial application support, and investments to reduce carbon intensity. Recent corporate activity includes asset transactions and strategic reshaping to improve margins and fund sustainability investments factors that influence its ability to supply acetone competitively.

4.    LyondellBasell

Establishment

2007

Headquarters

Texas, United States

Revenue (2024)

USD 40.30 Billion

Major Markets

Europe, Middle East & Africa, North America

Global Market Positioning

Large Petrochemical & Solvent Supplier

 

LyondellBasell supplies commodity petrochemicals and solvents as part of its broad polymers and intermediates portfolio, acetone is sold into coatings, adhesives, and chemical manufacturing. The company is driving circular-economy initiatives boosting recycled- and renewable-based polymer volumes and has been active on sustainability reporting and performance improvements in 2025. Operational discipline and feedstock optimisation underpin its ability to supply bulk acetone competitively. LyondellBasell’s strategy emphasizes integration across olefins/polymers value chains, investment in decarbonization and material circularity, and balancing commercial volumes across geographies to offset cyclical demand. Recent corporate reporting highlights improved ESG scores and continued capital investment to support resilient European and North American supply.

5.    Saudi Basic Industries Corporation

Establishment

1976

Headquarters

Riyadh, Saudi Arabia

Revenue (2024)

USD 37.30 Billion

Major Markets

Saudi Arabia, Europe, Americas, Asia

Global Market Positioning

Acetone Supplier at Global Level

 

SABIC is a global chemicals leader supplying bulk acetone grades through integrated regional networks. In 2025, SABIC maintained stable global commercial availability while supporting customers in plastics, coatings and adhesives with supply chain resilience. Strategic priorities include leveraging global production assets, customer partnerships, and product stewardship to support formulation customers and to pursue circular-materials and low-carbon feedstock initiatives as part of broader sustainability goals. SABIC’s role remains that of a major global supplier balancing volume markets with targeted technical support for key end industries.

6.    Eastman Chemical Company

Establishment

1920

Headquarters

Tennessee, United States

Revenue (2024)

USD 9.38 Billion

Major Markets

North America, Asia Pacific

Global Market Positioning

Acetone & Solvents Provider at Global Level

 

Eastman is a global specialty materials and chemicals company supplying solvents and intermediates for coatings, adhesives, and pharmaceuticals, acetone features in its broader solvent portfolio and formulated blends. In 2025 Eastman doubled down on circular-economy and decarbonization goals, committing to 100% renewable electricity in key regions by 2030. Eastman’s advanced application-specific solvent formulations and collaborative projects are aimed at lowering lifecycle carbon footprints for downstream customers. The company continues research and development on sustainable chemistries and partners with value-chain players to commercialize lower-carbon material solutions, positioning itself as a specialty supplier that supports customers shifting to greener formulations.

7.    Occidental Chemical Corporation

Establishment

1909

Headquarters

Texas, United States

Revenue (2024)

USD 26.72 Billion

Major Markets

North America, Middle East

Global Market Positioning

Merchant Chemical Supplier, at Global Level

 

OxyChem (Occidental’s chemicals arm) is a major United States merchant chemicals operator supplying caustic, chlorine, and a range of solvents and intermediates via 23 sites. In 2025, Oxy reported strong operational performance for its chemicals division and continued strategic asset management, including pipeline and facility projects to improve logistics between Convent and Geismar (supporting regional supply chains). While OxyChem’s public announcements in 2025 focus more on chlor-alkali and specialty chemicals performance than discrete acetone product launches, its broad merchant distribution network supplies solvent customers across North America. Occidental’s 2025 corporate activity (divestitures, debt reduction) aims to sharpen focus on high-return assets, which may influence future investments in chemicals capacity and sustainability technologies.

8.    Westlake Chemical Corporation

Establishment

1986

Headquarters

Texas, United States

Revenue (2024)

USD 12.14 Billion

Major Markets

North America (U.S. and Canada)

Global Market Positioning

Regional Bulk Petrochemical Producer

Westlake is a regional petrochemical and building-materials group that supplies solvent intermediates and supports downstream plastics and coatings markets. In 2025 Westlake emphasized sustainability and operational resilience, corporate communications in 2024 highlighted investments in energy efficiency and circularity programs, and in 2025 the company updated carbon-reduction targets as it advances toward 2030 goals. Westlake’s recent activity centered on expanding manufacturing scale through acquisitions and strengthening North American supply chains for commodity solvents. The company is prioritizing integration across feedstocks and downstream channels improving logistics and product availability for customers in coatings, adhesives, and industrial markets.

9.    Hydrite Chemical Co.

Establishment

1929

Headquarters

Wisconsin, United States

Major Markets

United States

Market Positioning

Specialty/Merchant Acetone Distributor in US

 

Hydrite is a United States specialty chemical supplier and merchant distributor offering bulk solvents, formulated blends, and logistics services. During 2024–2025 Hydrite published a sustainability performance update and announced grant-backed expansions (including USDA-linked funding for energy and production upgrades at Waterloo, IA and Terre Haute, IN). Hydrite’s 2025 activity focused on expanding packaging & distribution capacity, enhancing food-grade and industrial offerings, and improving energy efficiency in production not launching an acetone-branded new product but increasing capability to supply acetone and solvent blends in drums, totes, and bulk. Hydrite’s strategy is to grow service-led differentiation, faster fulfilment, flexible packaging, and customised formulations, supporting regional customers who value responsiveness and regulatory compliance.

10.  Mallinckrodt

Establishment

1867

Headquarters

Staines-upon-Thames, United Kingdom

Revenue (2024)

USD 1.98 Billion

Major Markets

United States, Europe, Middle East and Africa

Global Market Positioning

Specialty & Lab Chemical Supplier at Global Level

 

Mallinckrodt’s modern business focus has shifted toward specialty pharmaceuticals and regulated chemical supplies; historically it supplied certain specialty solvents for pharma/lab markets. In 2025 Mallinckrodt’s most significant public activity involved corporate restructuring and a proposed merger with Endo (announced March 2025) to create a combined specialty pharma platform, moves that overshadow discrete chemical-product launches. Mallinckrodt continues to supply regulated, high-purity solvents where traceability and compliance matter. The company’s near-term priorities are financial stabilization, portfolio refinement, and supporting pharma customers with compliant solvent supply during corporate transitions.

11.  Honeywell International Inc.

Establishment

1906

Headquarters

North Carolina, United States

Revenue (2024)

USD 38.49 Billion

Major Markets

North America, EMEA, Asia-Pacific, South America

Global Market Positioning

Specialty & Lab-Grade Acetone Supplier at Global Level

 

Honeywell supplies high-purity and analytical-grade acetone for labs, semiconductor, and pharmaceutical customers under its Research Chemicals brand. In 2025 Honeywell announces its plans to spin off its Advanced Materials business while continuing to ensure high-purity solvent availability and enhanced traceability for regulated markets. Honeywell focuses on quality certification, distribution reliability, and specialized packaging for lab customers. Strategic emphasis includes regulatory compliance, digital traceability of material lots, and strengthening supply chains for pharmaceutical and semiconductor industries that require tight specs and uninterrupted supply.

According to TechSci Research report, India Acetone Market By Manufacturing Process (Cumene Process, Dow Process, Ranching–Hooker Process), By Application (Methyl Methacrylate, Bisphenol A, Solvents, Powder, Others), By End-Use (Plastic, Chemical, Pharmaceutical, Cosmetics & Personal Care, Paint & Coatings, Others), By Region, Competition, Forecast and Opportunities

Emerging Players

  • Altivia Ketones & Additives:  A growing specialty chemicals supplier spun out from Altivia (previously Tougas Family Industries). Altivia manages a standalone phenol-acetone unit in Haverhill, Ohio, one of the largest in North America. The company focuses on high-purity acetone for pharmaceuticals and electronics, offering customized grades for critical applications. It is known for regional reliability and customized service.
  • Huntsman Corporation: Huntsman, a global specialty chemicals group, completed an acquisition in 2023 to bolster its acetone-related capabilities in North America. The company enhances its position in specialty solvents, potentially expanding into customer-specific acetone blends used in adhesives or coatings. With broader product portfolios and customized formulations, Huntsman could increasingly influence downstream acetone sourcing and value.
  • Monument Chemical: A specialty chemicals producer (Indiana, Kentucky, Texas) with toll manufacturing capabilities. The company is known for solvents and intermediates, Monument is expanding custom acetone derivatives for coatings and adhesives. The company expanded partnerships with pharma suppliers for custom solvent solutions. It operates as a niche acetone player offering specialty contract manufacturing.

Challenges Faced by Acetone Companies in United States

  • Raw Material Price Volatility: Acetone is primarily produced as a co-product of phenol production (via the cumene process). Fluctuations in crude oil and benzene prices directly affect production costs. Since acetone supply is tied to phenol demand, manufacturers often face an imbalance between supply and demand. For example, if phenol demand falls in construction or automotive industries, acetone output may exceed demand, leading to oversupply and price pressure.
  • Environmental Regulations and Sustainability Pressure: Stricter EPA regulations on emissions, hazardous waste handling, and VOC (volatile organic compounds) limits increase compliance costs. Acetone, while less toxic than some solvents, still faces scrutiny as manufacturers and end-users move toward greener, bio-based alternatives. This pushes companies to invest in sustainable production methods, recycling technologies, and safer substitutes—requiring additional R&D and capital spending.
  • Market Competition and Import Pressure: Domestic acetone producers compete not only with U.S.-based peers but also with low-cost imports from Asia and the Middle East. Global oversupply situations can lead to cheap imports entering the U.S. market, squeezing margins for local manufacturers. Additionally, demand shifts toward specialty chemicals and bio-based solvents create pressure on traditional acetone applications in paints, adhesives, and plastics.

Future Outlook

  • Decarbonization & Bio-Based Alternatives Gain Traction: Sustainability requirements (corporate net-zero targets, buyer ESG demands) will accelerate pilot and commercialisation of bio-acetone and lower-carbon process routes (bio-fermentation, electrosynthesis, improved catalysis). Early adopters will leverage green credentials for premium pricing in regulated markets (pharma, personal care). Meanwhile, carbon-intensity reporting and supply-chain transparency will become standard procurement prerequisites.
  • Technology-led Operation: Digitalisation (IIoT, predictive maintenance, advanced process control) will be a differentiator—lowering operating costs, improving yields, and enabling faster product-changeovers to serve varied grades. Circular approaches—solvent recovery, in-plant recycling, and chemical upcycling of waste streams—will improve margins and reduce feedstock exposure.
  • Commercial Model Evolution: Buyers will prefer value-added contracts: performance-based supply, just-in-time delivery, and long-term purchase agreements with sustainability guarantees. Lighting up downstream partnerships (co-development of formulations, tolling agreements) will be an important growth lever for suppliers.

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