Global n-Propyl Acetate (CAS 109-60-4) Market Outlook 2017-2022

Normal propyl acetate (also known as n-propyl acetate or 1-propyl acetate) is an organic compound with a molecular formula of C5H10O2. Propyl acetate is a colorless, volatile liquid with an odor similar to acetone. It is miscible with many common solvents, e. g. alcohols, ketones, aldehydes, ethers, glycols and glycol ethers, but it is only sparingly soluble in water.

n-Propyl acetate is used primarily as a solvent in the coatings and printing inks industries. Its properties are important for the manufacture and processing of numerous products in these branches of industry, e. g. its good solvent power for many resins, its high volatility, and its mild odor.

According to Gen Consulting Company, the global n-propyl acetate market is expected to reach a value of USD 530.11 million by the end of the year 2022 and exhibit a CAGR of 7.61% during the period of assessment. About 40.14 percent of global n-propyl acetate sales in 2022 will be in China, according to current growth patterns. The rise of emerging players, especially in Asia-Pacific, will lead to a deconsolidation of the n-propyl acetate industry.

The report covers forecast and analysis for the n-propyl acetate market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the n-propyl acetate market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the n-propyl acetate market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global n-propyl acetate market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the Automotive, Lacquers, Paper & Printing, Pharmaceutical & Cosmetic, Fine Chemicals, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global n-propyl acetate market.

Key Applications

• Automotive Coatings

• Lacquers

• Paper & Printing

• Pharmaceutical & Cosmetic

• Chemical

Key Regions

• North America

• EMEA

• Asia Pacific

Key Vendors

• OXEA

• Eastman

• Showa Denko

• Wujiang Chemical

• Yip's Chemical

• Dow

• BASF

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Key Questions Answered in this Report

• What will the market size be in 2022?

• What are the key factors driving the global n-propyl acetate market?

• What are the challenges to market growth?

• Who are the key players in the n-propyl acetate market?

• What are the market opportunities and threats faced by the key players?