Global Methyl Acetate Market Growth 2023-2029

Global Methyl Acetate Market Growth 2023-2029

Methyl acetate is a clear, colorless, neutral liquid with a mild, ester-like odor. It is one of the best solvents available. It is used predominantly for dyes and in the coatings, adhesives, cosmetics, plant-protection and pharmaceutical industries. It is occasionally used as a solvent, being weakly polar and lipophilic, but its close relative ethyl acetate is a more common solvent being less toxic and less soluble in water.

LPI (LP Information)' newest research report, the “Methyl Acetate Industry Forecast” looks at past sales and reviews total world Methyl Acetate sales in 2022, providing a comprehensive analysis by region and market sector of projected Methyl Acetate sales for 2023 through 2029. With Methyl Acetate sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Methyl Acetate industry.

This Insight Report provides a comprehensive analysis of the global Methyl 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 Methyl Acetate portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Methyl Acetate market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Methyl 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 Methyl Acetate.

The global Methyl Acetate market size is projected to grow from US$ 152.6 million in 2022 to US$ 268.4 million in 2029; it is expected to grow at a CAGR of 268.4 from 2023 to 2029.

Global Methyl Acetate key players include Eastman, Wacker, Celanese, Anhui Wanwei Group, Sichuan Chuanwei Group, etc. Global top five players hold a share about 40%.

China is the largest market, with a share about 55%, followed by Europe and North America, having a total share about 20 percent.

In terms of product, Pure Methyl Acetate is the largest segment, with a share about 55%. And in terms of application, the largest application is Organic Solvent, followed by Intermediate, Cleaning agents, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Methyl Acetate market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Pure

Coarse

Segmentation by application

Organic Solvent

Intermediate

Cleaning agents

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.

Eastman

Wacker

Celanese

Anhui Wanwei Group

Sichuan Chuanwei Group

Chang Chun Group

Hunan Xiangwei Group

Sinochem Qingdao

Shanxi Sanwei Group

RuiFeng Polymer Materials

Zhangzhou Oushuo Chemical

Changzhi Huojia Industrial

Sinochem Plastic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Methyl Acetate market?

What factors are driving Methyl Acetate market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Methyl Acetate market opportunities vary by end market size?

How does Methyl 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.