Global Ethyl Acetate Market

Used a solvent in paints and inks, oil-based enamels and adhesives, etc., ethyl acetate is a highly preferred product for several applications in various industries including printing, construction and personal care. The market for ethyl acetate can mainly be evaluated for the capacity, prices and consumption in various areas and industries. The overall market for ethyl acetate is highly dependent on the automobile and construction industries.

End-user

Ethyl acetate has a wide range of applications in an array of industries. It is an effective solvent and is used in as nail paint remover, and a fil forming agent in base coats, nail paints and other grooming products like perfumes, etc. Ethyl acetate is also applicable in wine industry to differ between the various vines using chromatography. Next, the market for ethyl acetate has been seen to grow in the aspect of washing cocoa and tea leaves to reduce the caffeine content. This is a huge market for ethyl acetate in the developed nations with higher demand for caffeine products. The final product is also applicable in the production of synthetic leather industry products.

Market Dynamics

Increasing awareness against the animal-based leather products has led to the market for ethyl acetate to positively grow to be able to meet the demands for the leather industry for the production of purses, bags, belts, covers, wallets, jackets etc. Additionally, this is a major driving market for the growth of the global market landscape for ethyl acetate due to the growth in the automotive industry. Demand for trendy and stylish seat covers, steering wheel covers, etc. drives the demand for ethyl acetate products in the industry.

Market Segmentation

The global market for ethyl acetate can be segmented for synthetic leather, food & beverages, cosmetics, pharmaceuticals, etc. based on the end user industry of application of the final product.

Geographic Analysis

Driven by the increasing demand for caffeine beverages in the developed regions of Europe and North America, the market for ethyl acetate in this region is growing. This is more effective due to spreading awareness regarding the ill - effects of caffeinated soft drink beverages. The developing regions like Asia Pacific are heading towards urbanization at a speed and are likely to see a faster growth of the market for ethyl acetate. Increasing leather consumption in these areas is also a contributing factor in growth of these markets.

Opportunities

Estimated to grow at the CAGR of XX.XX % in the forecasted period of next 10 years, the market size of ethyl acetate is expected to reach a $ XX Billion in size by 2027.

Key Players

Jubiliant Life Sciences, INEOS Group, SIPCHEM, Carbohim Wood and Chemical Company, Nippon Synthetic Chemical, Indo Acidantama Chemical, Enichem, Solutia, Chiba Ethyl Acetate are the few major players in the global market for ethyl acetate products.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage