Global Amyl Acetate Market Growth 2023-2029
Amyl acetate is an organic compound and having molecular formula C7H14O2, it is colourless liquid and having odour like a banana. Amyl acetate have strong electrical resistivity for the coatings which are electrostatically spread. Amyl acetate is manufactured by fermentation process between acetic acid and amyl alcohol. On the basis of solubility, slightly soluble in water and almost completely soluble in most of the solvents. Amyl acetate available in natural as well as in synthetic form. It is used to prepare more than forty synthetic flavours such as, apple, coffee, etc. In addition to this, amyl acetate is used as a low toxic solvent for nitrocellulose lacquers. It can be produced by yeast during fermentation. Amyl acetate makes it popular to end user industries due to its beneficial application such as, pleasant odour, low toxicity and it is test effectiveness so that it can be used in respirators. Amyl acetate is a multifunctional compound for the end use industries.
LPI (LP Information)' newest research report, the “Amyl Acetate Industry Forecast” looks at past sales and reviews total world Amyl Acetate sales in 2022, providing a comprehensive analysis by region and market sector of projected Amyl Acetate sales for 2023 through 2029. With Amyl Acetate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Amyl Acetate industry.
This Insight Report provides a comprehensive analysis of the global Amyl Acetate landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Amyl Acetate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Amyl Acetate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Amyl Acetate and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Amyl Acetate.
The global Amyl Acetate market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
The global amyl acetate market is estimated to gain traction significantly due to the constant increasing demand from the end use industries which manufacture paints & coatings, flavours & fragrance, etc. Positive growth in investments by retailers to increase manufacturing capabilities and multiply their distribution network in many multiple folds to attract more consumers is one of the key factors for the growth global amyl acetate market. The market is driven by the demand for paints & coatings. Another key factor expected to boost the amyl acetate market is the growth in usage of advanced technology, which supports producers to improve amyl acetate. The product has already replaced several other products owing to the increase in number of applications it possesses. Demand from the flavours industry is expected to be the key driver of the amyl acetate market, as amyl acetate can be used mostly in varnish application and removal owing to its decent solvency. Over the recent past, demand for amyl acetate has witnessed a steady growth. Moreover, the trend is expected to continue during forecast period. As such, in order to better cater to the growing demand for amyl acetate from end-use industries such as Cosmetics & Personal Care and personal care from regions across the globe, manufacturers are focused on strategically expanding their capacities. The only restraint can hamper the growth of the market is, price of amyl acetate tend to be significantly higher, almost twice the price of traditionally used alternatives and conventional acetate. Thus, relatively higher prices of these amyl acetate are in turn expected to act as impediment to the growth of global amyl acetate market during forecast period
This report presents a comprehensive overview, market shares, and growth opportunities of Amyl Acetate market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Natural
Synthetic
Segmentation by application
Paints & Coatings
Flavours & Fragrances
Cleaning
Leather Polishes
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sigma Aldrich
Merck Millipore
Sisco Research Laboratories
Chemoxy International
Nimble Technologies
Avid Organics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Amyl Acetate market?
What factors are driving Amyl Acetate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Amyl Acetate market opportunities vary by end market size?
How does Amyl Acetate break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.