Ethyl Acetate Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Application (Adhesives and Sealants, Paints and Coatings, Pigments, Process Solvents, Intermediates, Others); End-User Industry (Food and Beverage, Pharmaceuticals, Automotive, Artificial Leather, Packaging, Others) and Geography
Report Code: TIPRE00009466 No. of Pages: 150 Category: Chemicals and Materials Status: Upcoming
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MARKET INTRODUCTION
Ethyl acetate is also known as acetic acid ethyl ester or ethyl ethanoate. It consists of four carbon atoms, eight hydrogen atoms, and two oxygen atom. This chemical is mainly used as a solvent and diluent. Ethyl acetate is utilized in various industrial applications due to its low cost, low toxicity, and agreeable odor. Furthermore, it is also used to clean circuit boards, nail polish removers. Tea leaves and coffee beans are decaffeinated with ethyl acetate. Ethyl acetate is also used in paints as a hardener or an activator, and it is also present in confectionery, perfumes, and fruits.
MARKET DYNAMICS
Ethyl acetate is extensively used in a variety of coating formulations, such as urethanes, epoxies, cellulosic, vinyl, and acrylics in the paints and coatings industry. The key usage of ethyl acetate is as an activator and hardener in paints. A broad range of applications in diversified applications boosts the ethyl acetate market. Moreover, rapid industrialization in the Asia Pacific region and stringent regulatory norms regarding natural leather production provides a market opportunity for the key players operating in the ethyl acetate market. However, the replacement of conventional coatings by water-borne and high solid coatings is projected to hamper the overall growth of the ethyl acetate market.
MARKET SCOPE
The "Global Ethyl Acetate Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ethyl acetate market with detailed market segmentation by application, end-user industry and geography. The global ethyl acetate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ethyl acetate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global ethyl acetate market is segmented on the basis of application and end-user industry. Based on application the global ethyl acetate market is divided into adhesives and sealants, paints and coatings, pigments, process solvents, intermediates, and others. On the basis of end-user industry the market is bifurcated into food and beverage, pharmaceuticals, automotive, artificial leather, packaging, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ethyl acetate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ethyl acetate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the ethyl acetate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ethyl acetate market in these regions.
The reports cover key developments in the ethyl acetate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from ethyl acetate market are anticipated to lucrative growth opportunities in the future with the rising demand for Ethyl acetate in the global market. Below mentioned is the list of few companies engaged in the Ethyl acetate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ethyl acetate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Ethyl acetate is also known as acetic acid ethyl ester or ethyl ethanoate. It consists of four carbon atoms, eight hydrogen atoms, and two oxygen atom. This chemical is mainly used as a solvent and diluent. Ethyl acetate is utilized in various industrial applications due to its low cost, low toxicity, and agreeable odor. Furthermore, it is also used to clean circuit boards, nail polish removers. Tea leaves and coffee beans are decaffeinated with ethyl acetate. Ethyl acetate is also used in paints as a hardener or an activator, and it is also present in confectionery, perfumes, and fruits.
MARKET DYNAMICS
Ethyl acetate is extensively used in a variety of coating formulations, such as urethanes, epoxies, cellulosic, vinyl, and acrylics in the paints and coatings industry. The key usage of ethyl acetate is as an activator and hardener in paints. A broad range of applications in diversified applications boosts the ethyl acetate market. Moreover, rapid industrialization in the Asia Pacific region and stringent regulatory norms regarding natural leather production provides a market opportunity for the key players operating in the ethyl acetate market. However, the replacement of conventional coatings by water-borne and high solid coatings is projected to hamper the overall growth of the ethyl acetate market.
MARKET SCOPE
The "Global Ethyl Acetate Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ethyl acetate market with detailed market segmentation by application, end-user industry and geography. The global ethyl acetate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading ethyl acetate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global ethyl acetate market is segmented on the basis of application and end-user industry. Based on application the global ethyl acetate market is divided into adhesives and sealants, paints and coatings, pigments, process solvents, intermediates, and others. On the basis of end-user industry the market is bifurcated into food and beverage, pharmaceuticals, automotive, artificial leather, packaging, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global ethyl acetate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The ethyl acetate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the ethyl acetate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ethyl acetate market in these regions.
The reports cover key developments in the ethyl acetate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from ethyl acetate market are anticipated to lucrative growth opportunities in the future with the rising demand for Ethyl acetate in the global market. Below mentioned is the list of few companies engaged in the Ethyl acetate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ethyl acetate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Celanese Corporation
- DAICEL CORPORATION
- Eastman Chemical Company
- INEOS
- Jiangsu Sopo (Group) Co., Ltd.
- Jinyimeng Group Co. Ltd.
- Jubilant Life Science Ltd.
- KAI CO., LTD.
- Sasol
- Solvay S.A.