As per this study the Global Ethyl Acetate Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%. By volume, the market was estimated XX KT in 2021 and is expected to reach XX KT by 2026 with a CAGR of XX%.
Ethyl Acetate is the colorless organic ester of ethanol & acetate, which has sweet characteristics smell, and molecular formula C4H8O2. The ethyl acetate is used as solvent & diluent in glues, paint removal, coatings, perfumes, adhesives, textiles, herbicides and many more applications.
Rising demand for epoxy, vinyl, acrylic and various coatings is driving the ethyl acetate growth. The growing importance of various coatings across furniture, construction, agriculture, mining and other areas is further contributing towards the growth of this market. In addition, growing agricultural sector, increasing demand for textiles, and booming packaging industry is also pushing the market demand higher.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of ethyl acetate.
The broad ethyl acetate market has been sub-grouped into application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Printing Inks
- Paints & Coatings
- Food & Beverages
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for ethyl acetate in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Ethyl Acetate Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the ethyl acetate market include Ashok Alco-Chem Ltd., Celanese Corp., Daicel Corporation, Eastman Chemical Co., Godavari Biorefineries Ltd., INEOS AG, Jiangsu Sopo (Group) Co., Ltd., Jinyimeng Group Co., Ltd., Sasol Ltd., Sekab Biofuels & Chemicals AB and Solventis Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.