Global Ethyl 3-Ethoxypropionate Market Growth 2023-2029
Ethyl 3-ethoxypropionate is a slow evaporating ether-ester solvent with excellent activity for a wide range of coating polymers. Its linear structure and propionyl group in the center of the molecule give this material a combination of desirable properties not found in other solvents. These include a slow evaporation rate, good resistance to solvent popping in baking applications, a moderate odor, low surface tension and high electrical resistance. In addition, it yields low polymer solution viscosities when compared to solvents with similar evaporation rates, provides excellent solvent release from coating films, and gives exceptional flow and leveling with a wide range of coatings. It is supplied as a urethane grade solvent.
LPI (LP Information)' newest research report, the “Ethyl 3-Ethoxypropionate Industry Forecast” looks at past sales and reviews total world Ethyl 3-Ethoxypropionate sales in 2022, providing a comprehensive analysis by region and market sector of projected Ethyl 3-Ethoxypropionate sales for 2023 through 2029. With Ethyl 3-Ethoxypropionate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ethyl 3-Ethoxypropionate industry.
This Insight Report provides a comprehensive analysis of the global Ethyl 3-Ethoxypropionate 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 Ethyl 3-Ethoxypropionate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ethyl 3-Ethoxypropionate market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ethyl 3-Ethoxypropionate and breaks down the forecast by purity, 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 Ethyl 3-Ethoxypropionate.
The global Ethyl 3-Ethoxypropionate market size is projected to grow from US$ 239.7 million in 2022 to US$ 294.9 million in 2029; it is expected to grow at a CAGR of 294.9 from 2023 to 2029.
Global Ethyl 3-Ethoxypropionate key players include Dow, Eastman, RUNTAI CHEMCAL, Smart Chemical, Nanjing TOP Chemical, etc. Global top five manufacturers hold a share over 80%.
USA is the largest market, with a share over 65%, followed by China and Europe, both have a share over 25%.
In terms of product, 99% is the largest segment, with a share about 95%. And in terms of application, the largest application is Paints and Coatings, followed by Industrial Cleaners, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Ethyl 3-Ethoxypropionate market by product purity, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by purity
0.99
0.97
0.96
90%-94%
Segmentation by application
Paints and Coatings
Industrial Cleaners
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.
DuPont
Eastman
Nadi New Material
Zhidian New Chemical Materials
Realsunchem
Aoke Chemical
Nanjing TOP Chemical
Taiwan Maxwave
Yueyang Dongrun
Tricochemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Ethyl 3-Ethoxypropionate market?
What factors are driving Ethyl 3-Ethoxypropionate market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ethyl 3-Ethoxypropionate market opportunities vary by end market size?
How does Ethyl 3-Ethoxypropionate break out purity, 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.
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