Global Ethyl Acetate Market 2024-2028
The ethyl acetate market is forecasted to grow by USD 1445.7 million during 2023-2028, accelerating at a CAGR of 5.07% during the forecast period. The report on the ethyl acetate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for ethyl acetate from food processing industry, rising penetration of personal care products in emerging markets, and rise in demand for ethyl acetate in construction materials.
Technavio's ethyl acetate market is segmented as below:
By Application
- Paints and coatings
- Printing ink
- Process solvents
- Others
By End-user
- Construction
- Automotive
- Furniture
- Food and beverages
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the increasing demand for green ethyl acetate as one of the prime reasons driving the ethyl acetate market growth during the next few years. Also, supportive government policies regarding biodiesel and increasing use of ethyl acetate in electronics industry will lead to sizable demand in the market.
The report on the ethyl acetate market covers the following areas:
- Ethyl acetate market sizing
- Ethyl acetate market forecast
- Ethyl acetate market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ethyl acetate market vendors that include ALPHA CHEMIKA, Celanese Corp., Chemoxy International Ltd., Daicel Corp., Eastman Chemical Co., Ernesto Ventos SA, Esters and Solvents LLP, INEOS AG, Jiangsu Sopo Corp. Ltd., Merck and Co. Inc., Mitsubishi Chemical Group Corp., Otto Chemie Pvt. Ltd., Saiper Chemicals Pvt Ltd., Sekab, SEQENS GROUP, Solventis Ltd., Thermo Fisher Scientific Inc., Triveni Interchem Pvt. Ltd., Wacker Chemie AG, and Zhengzhou Meiya Chemical Products Co. Ltd.. Also, the ethyl acetate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.