Global Methyl Acetate Market - 2023-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,350	191 Pages	DataM Intelligence 4Market Research LLP	April, 2023	DTAM17852933

Best Price Guarantee
Price	from $4,350
Length	191 Pages
Publisher	DataM Intelligence 4Market Research LLP
Published Date	April, 2023
SKU	DTAM17852933

Global Methyl Acetate Market - 2023-2030

Market Overview

The global methyl acetate market reached US$ XX million in 2022 and is projected to witness lucrative growth by reaching up to US$ XX million by 2030. The market is growing at a CAGR of 3.94% during the forecast period (2023-2030).

Methyl acetate is an organic compound of saturated hydrocarbons with a chemical formula of CH3COOCH3. In the presence of strong acid, acetic acid reacts with methanol to produce the final product. Due to its non-polar nature, methyl acetate is used to formulate solvents.

Commercially, there are two types of grades available: industrial and cosmetic. Industrial grade is used to formulate resins, coating solutions and adhesives. Personal care products are made with cosmetic grade ingredients. It is also available in grades with varying degrees of purity. Prominent manufacturers are focusing on formulating high-purity grade methyl acetate with increased efficacy, such as fast evaporation, which finds applications in the pharmaceutical industry.

Market Dynamics

High purity and low volatility of methyl acetate and its increasing

Due to its high purity and low volatility, methyl acetate is predominantly used as a solvent in paints and coatings. Furthermore, it is used on automotive body parts in the automotive industry. With these properties, it can replace commercial solvents as an ingredient in paints & coating solutions. The automobile & aerospace industries are expanding the demand for paint & coating solutions based on this is growing significantly. Therefore, increased global automotive & aerospace products production will drive methyl acetate market growth during the forecast period.

Health issues associated with methyl acetate

Health hazards of methyl acetate are one of the factors hampering the methyl acetate market growth. High-concentration exposure to methyl acetate may cause mild to severe methanol intoxication from inhalation, ingestion or possibly through skin contact. The health hazards of methyl acetate will decline its consumption across the globe during the forecast period.

COVID-19 Impact Analysis

The COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global methyl acetate market is segmented based on grade, purity, application and region.

Versatile application of methyl acetate

Methyl acetate is extensively used in polymer production, which finds application in the automobile industry. Addition, it is an intermediate of chemical syntheses, such as for methacrylate monomer production or pharmaceuticals. Thus, growing pharmaceutical and automobile market generates demand for methyl acetate.

Geographical Analysis

The strong presence of major players coupled with the massive demand for this organic compound in direct & intermediate chemical formulations in various industries

many international and chemical developing companies are based in the Asia-Pacific, so it is expected to influence the methyl acetate market. The automotive industry is growing in Japan and other Asia-Pacific countries. Further, due to growing paint and coating applications and manufacture of consumer products such as foam foaming agents coupled with the massive demand for this organic compound indirect & intermediate chemical formulations in various industries. China and India are some of the fastest-growing markets, which affected methyl acetate production. Hence, the innovation regarding cosmetic & personal care and adhesives in the methyl acetate market is set to develop in the future.

Competitive Landscape

The major global players in the market include Eastman Chemical Company, Wacker Chemie AG, Anhui Wanwei Group Co., Ltd., Celanese Corporation, Sichuan Chuanwei Group Co., Ltd, China Haohua Chemical Group Co Ltd, Sinochem Qingdao Co., Ltd., Shanxi Sanwei Group Co., Ltd., Jiangsu Ruifeng Polymer Materials Co., Ltd and Zhangzhou Oushuo Chemical.

Why Purchase the Report?

• To visualize the global methyl acetate market segmentation based on grade, purity, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of methyl acetate market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global methyl acetate market report would provide approximately 61 tables, 60 figures and 191 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies

1. Methodology and Scope: 1.1. Research Methodology; 1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary: 3.1. Snippet by Grade; 3.2. Snippet by Purity; 3.3. Snippet by Application; 3.4. Snippet by Region
4. Dynamics: 4.1. Impacting Factors; 4.1.1. Drivers; 4.1.1.1. High purity and low volatility of methyl acetate; 4.1.1.2. XX; 4.1.2. Restraints; 4.1.2.1. Health issues associated with methyl acetate; 4.1.2.2. XX; 4.1.3. Opportunity; 4.1.3.1. XX; 4.1.4. Impact Analysis
5. Industry Analysis: 5.1. Porter's Five Forces Analysis; 5.2. Supply Chain Analysis; 5.3. Pricing Analysis; 5.4. Regulatory Analysis
6. COVID-19 Analysis: 6.1. Analysis of COVID-19; 6.1.1. Before COVID-19 Scenario; 6.1.2. Present COVID-19 Scenario; 6.1.3. Post COVID-19 or Future Scenario; 6.2. Pricing Dynamics Amid COVID-19; 6.3. Demand-Supply Spectrum; 6.4. Government Initiatives Related to the Market During Pandemic; 6.5. Manufacturers Strategic Initiatives; 6.6. Conclusion
7. By Grade: 7.1. Introduction; 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade; 7.1.2. Market Attractiveness Index, By Grade; 7.2. Cosmetic Grade*; 7.2.1. Introduction; 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 7.3. Industrial Grade; 7.4. Others
8. By Purity: 8.1. Introduction; 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Purity; 8.1.2. Market Attractiveness Index, By Purity; 8.2. Purity (GC)%less than 99.5%*; 8.2.1. Introduction; 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 8.3. Purity (GC) less than 99.9%; 8.4. Others
9. By Application: 9.1. Introduction; 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 9.1.2. Market Attractiveness Index, By Application; 9.2. Resins*; 9.2.1. Introduction; 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%); 9.3. Coating & Paint; 9.4. Adhesives; 9.5. Foam Foaming Agent; 9.6. Cosmetic & Personal Care; 9.7. Others
10. By Region: 10.1. Introduction; 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region; 10.1.2. Market Attractiveness Index, By Region; 10.2. North America; 10.2.1. Introduction; 10.2.2. Key Region-Specific Dynamics; 10.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade; 10.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Purity; 10.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country; 10.2.6.1. U.S.; 10.2.6.2. Canada; 10.2.6.3. Mexico; 10.3. Europe; 10.3.1. Introduction; 10.3.2. Key Region-Specific Dynamics; 10.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade; 10.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Purity; 10.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.3.5.1. Germany; 10.3.5.2. UK; 10.3.5.3. France; 10.3.5.4. Italy; 10.3.5.5. Russia; 10.3.5.6. Rest of Europe; 10.4. South America; 10.4.1. Introduction; 10.4.2. Key Region-Specific Dynamics; 10.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade; 10.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Purity; 10.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.4.5.1. Brazil; 10.4.5.2. Argentina; 10.4.5.3. Rest of South America; 10.5. Asia-Pacific; 10.5.1. Introduction; 10.5.2. Key Region-Specific Dynamics; 10.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade; 10.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Purity; 10.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application; 10.5.5.1. China; 10.5.5.2. India; 10.5.5.3. Japan; 10.5.5.4. Australia; 10.5.5.5. Rest of Asia-Pacific; 10.6. Middle East and Africa; 10.6.1. Introduction; 10.6.2. Key Region-Specific Dynamics; 10.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Grade; 10.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Purity; 10.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
11. Competitive Landscape: 11.1. Competitive Scenario; 11.2. Market Positioning/Share Analysis; 11.3. Mergers and Acquisitions Analysis
12. Company Profiles: 12.1. Eastman Chemical Company*; 12.1.1. Company Overview; 12.1.2. Product Portfolio and Description; 12.1.3. Financial Overview; 12.1.4. Key Developments; 12.2. Wacker Chemie AG; 12.3. Anhui Wanwei Group Co.,Ltd.; 12.4. Celanese Corporation; 12.5. Sichuan Chuanwei Group Co., Ltd; 12.6. China Haohua Chemical Group Co Ltd; 12.7. Sinochem Qingdao Co., Ltd.; 12.8. Shanxi Sanwei Group Co., Ltd.; 12.9. Jiangsu Ruifeng Polymer Materials Co., Ltd; 12.10. Zhangzhou Oushuo Chemical; LIST NOT EXHAUSTIVE
13. Appendix: 13.1. About Us and Service; 13.2. Contact Us