Ethyl Acetate Market, By Application, By End-use Industry, By Distribution Channel, By Geography

Description

Global ethyl acetate market is estimated to be valued at USD 6.25 Bn in 2024 and is expected to reach USD 9.91 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.8% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 6.25 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	6.80%	2031 Value Projection:	US$ 9.91 Bn

Figure 1.Ethyl Acetate Market Share (%), By Region, 2024

Ethyl acetate is an ester with the formula C4H8O2. It is a colorless liquid with characteristic pleasant smell. It is widely used as a solvent in production of paints, coating, adhesive, and others due its favorable properties such as low toxicity, low cost and compatibility with variety of organic materials. Global demand for ethyl acetate is increasing due to its rising application in paints and coating industry. Also, its growing application as a natural extractant in food and beverage industry is fueling the market growth. However, stringent regulations over VOC emission from its end-use industries may hamper the market during the forecast period.

Market Dynamics:

Global ethyl acetate market is witnessing growth due to increasing demand from paints and coatings industry. Ethyl acetate is widely used as a solvent in paint thinners and for surface cleaning applications in painting industry. Growing construction activities along with reviving automotive industry globally has boosted demand for paints and coatings, and this is expected to drive growth of ethyl acetate market. However, strict regulatory norms over VOC emissions from industries such as paints and coatings are expected to hamper the market growth during the forecast period. Growing application of ethyl acetate as a natural extractant in food and beverage industry offers new opportunities for market players. Its use in extraction of essential oils, fragrances and flavours from plants and fruits has increased considerably in recent years.

Key Features of the Study:

This report provides in-depth analysis of the global ethyl acetate market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global ethyl acetate market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Celanese, Eastman Chemical, INEOS Group Holdings SA, Solventis Limited, Sasol Ltd., Showa Denko K.K., Jubilant Life Sciences Limited, Wacker Chemie AG, Ashok Alco-Chem Ltd., Nippon Synthetic Chemical Industry Co., Ltd., LCY Chemical Corp., Sipchem, Jiangsu Sopo (Group) Co., Ltd., Shanghai Wujing Chemical Co., Ltd., Daicel Corporation, Rhodia Acetow GmbH, Saudi International Petrochemical Co., Tokuyama Corporation, Carbohim d.o.o., Avantium N.V
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global ethyl acetate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global ethyl acetate market

Detailed Segmentation-

By Application:
- Paints & Coating additives
- Adhesives & Sealants
- Pigments
- Solvents
- Others
By End-use Industry:
- Automotive
- Packaging
- Pharmaceutical
- Others
By Distribution Channel:
- Offline
- Online
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- Celanese
- Eastman Chemical
- INEOS Group Holdings SA
- Solventis Limited
- Sasol Ltd.
- Showa Denko K.K.
- Jubilant Life Sciences Limited
- Wacker Chemie AG
- Ashok Alco-Chem Ltd.
- Nippon Synthetic Chemical Industry Co., Ltd.
- LCY Chemical Corp.
- Sipchem
- Jiangsu Sopo (Group) Co., Ltd.
- Shanghai Wujing Chemical Co., Ltd.
- Daicel Corporation
- Rhodia Acetow GmbH
- Saudi International Petrochemical Co.
- Tokuyama Corporation
- Carbohim d.o.o.
- Avantium N.V

Product Code: CMI2353

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Application
- Market Snippet, By End-use Industry
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Mergers and Acquisitions

4. Global Ethyl Acetate Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting Global Ethyl Acetate Market
Impact Analysis

5. Global Ethyl Acetate Market, By Application, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Paints & Coating additives
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Adhesives & Sealants
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Pigments
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Solvents
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Ethyl Acetate Market, By End-use Industry, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Automotive
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Packaging
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Pharmaceutical
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Ethyl Acetate Market, By Distribution Channel, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Offline
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Online
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

8. Global Ethyl Acetate Market, By Region, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
North America
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
  - U.S.
  - Canada
  - Latin America
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
  - Europe
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
  - Asia Pacific
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End-use Industry, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
  - Middle East & Africa
- Introduction
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By End-use Industry, 2019 - 2031 (US$ Bn & KT)
- Market Size and Forecast, By Distribution Channel, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

9. Competitive Landscape

Market Share Analysis
Company Profiles
- Celanese
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Eastman Chemical
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- INEOS Group Holdings SA
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Solventis Limited
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Sasol Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Showa Denko K.K.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Jubilant Life Sciences Limited
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Wacker Chemie AG
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Ashok Alco-Chem Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Nippon Synthetic Chemical Industry Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- LCY Chemical Corp.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Sipchem
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Jiangsu Sopo (Group) Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Shanghai Wujing Chemical Co., Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Daicel Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Rhodia Acetow GmbH
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Saudi International Petrochemical Co.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Tokuyama Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Carbohim d.o.o.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Avantium N.V
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. Section

References
Research Methodology
About Us and Sales Contact
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