North America Ethyl Acetate Market Size, Share & Trends Analysis Report By Distribution Channel, By Application (Paint & Coatings, Inks, Process Solvents, Pigments, and Others), By End-use By Country and Growth Forecast, 2023 - 2030

North America Ethyl Acetate Market Size, Share & Trends Analysis Report By Distribution Channel, By Application (Paint & Coatings, Inks, Process Solvents, Pigments, and Others), By End-use By Country and Growth Forecast, 2023 - 2030


The North America Ethyl Acetate Market would witness market growth of 6.3% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 742.2 Kilo Tonnes, showcasing a growth of 5.6% (2019-2022).

Ethyl acetate, also known as ethyl ethanoate, is a colourless liquid with a characteristic sweet smell. This is produced by the esterification of ethanol with acetic acid, typically using a catalytic amount of sulfuric acid. The market is witnessing robust growth, driven by its widespread applications in various industries such as paints and coatings, pharmaceuticals, food and beverages, cosmetics, and adhesives and sealants.

One of the key drivers of the market is the increasing demand for paints and coatings, particularly in the construction and automotive industries. It is used as a solvent in these applications, helping to dissolve other substances and maintain the desired consistency of the paint or coating. The growing construction activities, especially in emerging economies, are fuelling the demand for paints and coatings, thereby driving the growth of the market.

The pharmaceutical industry in North America has been witnessing significant growth, driven by factors such as an aging population and increasing healthcare spending. For example, according to the data published by the Government of Canada in February of 2024, pharmaceutical sales in Canada have a 2.2% share of the global sector, making Canada the 8th largest pharmaceutical industry in the world. Therefore, the region presents lucrative growth prospects for the market.

The US market dominated the North America Ethyl Acetate Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,059.4 million by 2030. The Canada market is experiencing a CAGR of 6.5% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.9% during (2023 - 2030).

Based on Distribution Channel, the market is segmented into Offline, and Online. Based on Application, the market is segmented into Paint & Coatings, Inks, Process Solvents, Pigments, and Others. Based on End-use, the market is segmented into Automotive, Artificial Leather, Food & Beverage, Pharmaceutical, and Packaging. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • Celanese Corporation
  • Daicel Corporation
  • Eastman Chemical Company
  • INEOS Group Holdings S.A.
  • Wacker Chemie AG
  • Linde plc
  • Sasol Limited
  • Solvay SA
  • Sipchem Company
  • Tokuyama Corporation
North America Ethyl Acetate Market Report Segmentation

By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Offline
  • Online
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Paint & Coatings
  • Inks
  • Process Solvents
  • Pigments
  • Others
By End Use (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • Automotive
  • Artificial Leather
  • Food & Beverage
  • Pharmaceutical
  • Packaging
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Ethyl Acetate Market, by Distribution Channel
1.4.2 North America Ethyl Acetate Market, by Application
1.4.3 North America Ethyl Acetate Market, by End Use
1.4.4 North America Ethyl Acetate Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. North America Ethyl Acetate Market by Distribution Channel
4.1 North America Offline Market by Country
4.2 North America Online Market by Country
Chapter 5. North America Ethyl Acetate Market by Application
5.1 North America Paint & Coatings Market by Country
5.2 North America Inks Market by Country
5.3 North America Process Solvents Market by Country
5.4 North America Pigments Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Ethyl Acetate Market by End-use
6.1 North America Automotive Market by Country
6.2 North America Artificial Leather Market by Country
6.3 North America Food & Beverage Market by Country
6.4 North America Pharmaceutical Market by Country
6.5 North America Packaging Market by Country
6.6 North America Others Market by Country
Chapter 7. North America Ethyl Acetate Market by Country
7.1 US Ethyl Acetate Market
7.1.1 US Ethyl Acetate Market by Distribution Channel
7.1.2 US Ethyl Acetate Market by Application
7.1.3 US Ethyl Acetate Market by End-use
7.2 Canada Ethyl Acetate Market
7.2.1 Canada Ethyl Acetate Market by Distribution Channel
7.2.2 Canada Ethyl Acetate Market by Application
7.2.3 Canada Ethyl Acetate Market by End-use
7.3 Mexico Ethyl Acetate Market
7.3.1 Mexico Ethyl Acetate Market by Distribution Channel
7.3.2 Mexico Ethyl Acetate Market by Application
7.3.3 Mexico Ethyl Acetate Market by End-use
7.4 Rest of North America Ethyl Acetate Market
7.4.1 Rest of North America Ethyl Acetate Market by Distribution Channel
7.4.2 Rest of North America Ethyl Acetate Market by Application
7.4.3 Rest of North America Ethyl Acetate Market by End-use
Chapter 8. Company Profiles
8.1 Celanese Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Daicel Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 Eastman Chemical Company
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 INEOS Group Holdings S.A.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 SWOT Analysis
8.5 Wacker Chemie AG
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 SWOT Analysis
8.6 Linde PLC
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.6.4 Research & Development Expenses
8.6.5 SWOT Analysis
8.7 Sasol Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 Solvay SA
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Sipchem Company
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 SWOT Analysis
8.10. Tokuyama Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 SWOT Analysis

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