Ethyl Acetate Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Ethyl Acetate Market by Application (Paints and Coating additives, Adhesives and Sealants, Pigments, Solvents), By End User (Food and Beverages, Automotive, Pharmaceuticals, Packaging, Artificial Leather), and Geography

 

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Report

Description

Ethyl acetate market size was valued at US$ 3.89 Billion in 2021 and is projected to reach US$ 5.15 Billion by 2028 at a CAGR of 4.1% during the forecast period 2022 to 2028. Ethyl acetate market report gives comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of application, end-user, and regions. This report studies market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in market activities. Global ethyl acetate market is consolidating as large players complementing each other’s businesses by means of collaborations and acquisitions. For instance, INEOS acquired INESCO CHP. The acquisition will ensure the reliable supply of steam, as a critical feedstock, to the INEOS plants.

Ethyl Acetate Market

MARKET SUMMARY
-
4.1% CAGR
  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR– 4.1%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– North America

Ethyl Acetate Market Analysis

  • Ethyl acetate market expanding at significant CAGR over 2021 to 2027 to reach market value of US$ 5.15 Billion by 2027 owing to increase launch of newer products.
  • Based on application, solvents segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on mergers and acquisitions strategies to retain market position in global ethyl acetate market
Market Leaders
  • INEOS (Switzerland)
  • Carbohim – Wood and Chemical Company (U.S.)
  • Jubilant Life Sciences Ltd (India)
  • Celanese Corporation (U.S.)
  • EniChem (Italy)
  • SEKAB (Sweden)
  • Indo Acidatama Tbk (Indonesia)
Ethyl Acetate Market

Drivers and Restraints

Market for global ethyl acetate projected to reach US$ XX Mn by 2025 due to increased application of ethyl acetate in various industry. Increased demand of ethyl acetate from various end users such as pharmaceuticals, food and beverages, automotive, packaging, and artificial leather will create a demand for the growth of the market. However replacement of ethyl acetate with other chemicals will hinder the growth of the global ethyl acetate market. Based on application, the global ethyl acetate market is segmented into paints and coating additives, adhesives and sealants, pigments, and solvents. Solvents are expected to dominate the market due to its uses in manufacturing of thinners, varnishes, and nitrocellulose lacquers. Ethyl acetate as solvent is widely used in various industries due to its low toxicity.


Ethyl Acetate Market Segmentation

Asia Pacific dominates the market

Asia Pacific accounted for major revenue share due to economically emerging countries such as Japan, China, India, and Indonesia. North America ethyl acetate market is expected to account moderate CAGR due to increased demand from the end users such as food and beverages. Europe exhibits a significant growth in ethyl acetate market due to increased application in packaging sector and automotive industry. Latin America shows a significant growth in market owing to increased demand of ethyl acetate from pharmaceuticals. Growth in end user industries such as pharmaceuticals, food and beverages, automotive, and packaging are rapidly expanding in countries of Latin America such as Brazil. Middle East and Africa ethyl acetate market is also expected to rise in the forecast period due to increased demand of packaging from the growing population.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Ethyl Acetate Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

  1. Executive Summary
  2. Global Ethyl Acetate Market Introduction

2.1. Global Ethyl Acetate Market – Taxonomy

2.2. Global Ethyl Acetate Market –Definitions

2.2.1. Application

2.2.2. End User

  1. Global Ethyl Acetate Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global Ethyl Acetate Market Dynamic Factors – Impact Analysis

3.6. Global Ethyl Acetate Market – Competition Landscape

  1. Global Ethyl Acetate Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025

4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

  1. Global Ethyl Acetate Market, By Application, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

5.1. Paints and Coatings additives

5.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Adhesives and Sealants

5.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. Pigments

5.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

5.4. Solvents

5.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.4.3. Market Opportunity Analysis

  1. Global Ethyl Acetate Market Forecast, By End User, 2014 – 2018 and Forecast, 2019 – 2025

6.1. Food and Beverages

6.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.1.3. Market Opportunity Analysis

6.2. Automotive

6.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Pharmaceuticals

6.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

6.4. Packaging

6.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.4.3. Market Opportunity Analysis

6.5. Artificial Leather

6.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.5.3. Market Opportunity Analysis

  1. Global Ethyl Acetate Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.1. North America

7.1.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Europe

7.2.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Asia-Pacific

7.3.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

7.4. Latin America

7.4.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

7.5. Middle East and Africa

7.5.1. Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.5.3. Market Opportunity Analysis

7.6. Global Ethyl Acetate Market – Opportunity Analysis Index, By Application, By End User, and Region, 2019 – 2025

  1. North America Ethyl Acetate Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

8.1. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

8.1.1. Paints and Coatings Additives

8.1.2. Adhesives and Sealants

8.1.3. Pigments

8.1.4. Solvents

8.2. End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

8.2.1. Foods and Beverages

8.2.2. Automotive

8.2.3. Pharmaceuticals

8.2.4. Packaging

8.2.5. Artificial Leather

8.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

8.3.1. U.S.

8.3.2. Canada

8.4. North America Ethyl Acetate Market – Opportunity Analysis Index, By Application, End User and Country, 2019 – 2025

8.5. North America Ethyl Acetate Market Dynamics – Trends

  1. Europe Ethyl Acetate Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

9.1. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

9.1.1. Paints and Coatings Additives

9.1.2. Adhesives and Sealants

9.1.3. Pigments

9.1.4. Solvents

9.2. End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.2.1. Foods and Beverages

9.2.2. Automotive

9.2.3. Pharmaceuticals

9.2.4. Packaging

9.2.5. Artificial Leather

9.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

9.3.1. Germany

9.3.2. UK

9.3.3. France

9.3.4. Spain

9.3.5. Italy

9.3.6. Russia

9.3.7. Rest of Europe

9.4. Europe Ethyl Acetate Market – Opportunity Analysis Index, By Application, End User and Country, 2019 – 2025

9.5. Europe Ethyl Acetate Market Dynamics – Trends

  1. Asia-Pacific Ethyl Acetate Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

10.1. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Paints and Coatings Additives

10.1.2. Adhesives and Sealants

10.1.3. Pigments

10.1.4. Solvents

10.2. End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.2.1. Foods and Beverages

10.2.2. Automotive

10.2.3. Pharmaceuticals

10.2.4. Packaging

10.2.5. Artificial Leather

10.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

10.3.1. Japan

10.3.2. China

10.3.3. India

10.3.4. ASEAN

10.3.5. Rest of Asia-Pacific

10.4. Asia-Pacific Ethyl Acetate Market – Opportunity Analysis Index, By Application, End User and Country, 2019 – 2025

10.5. Asia-Pacific Ethyl Acetate Market Dynamics – Trends

  1. Latin America Ethyl Acetate Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

11.1. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

11.1.1. Paints and Coatings Additives

11.1.2. Adhesives and Sealants

11.1.3. Pigments

11.1.4. Solvents

11.2. End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.2.1. Foods and Beverages

11.2.2. Automotive

11.2.3. Pharmaceuticals

11.2.4. Packaging

11.2.5. Artificial Leather

11.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

11.3.1. Brazil

11.3.2. Mexico

11.3.3. Argentina

11.3.4. Chile

11.3.5. Rest of Latin America

11.4. Latin America Ethyl Acetate Market – Opportunity Analysis Index, By Application, End User and Country, 2019 – 2025

11.5. Latin America Ethyl Acetate Market Dynamics – Trends

  1. Middle East and Africa Ethyl Acetate Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn), Volume (000’ MT)

12.1. Application Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

12.1.1. Paints and Coatings Additives

12.1.2. Adhesives and Sealants

12.1.3. Pigments

12.1.4. Solvents

12.2. End User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.2.1. Foods and Beverages

12.2.2. Automotive

12.2.3. Pharmaceuticals

12.2.4. Packaging

12.2.5. Artificial Leather

12.3. Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

12.3.1. South Africa

12.3.2. Gulf Cooperation Council (GCC) Countries

12.3.3. Rest of MEA

12.4. MEA Ethyl Acetate Market – Opportunity Analysis Index, By Application, End User and Country, 2019 – 2025

12.5. MEA Ethyl Acetate Market Dynamics – Trends

  1. Competition Landscape

13.1. Strategic Dashboard of Top Market Players

13.2. Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

13.2.1. INEOS (Switzerland)

13.2.2. Carbohim – Wood and Chemical Company (U.S.)

13.2.3. Jubilant Life Sciences Ltd (India)

13.2.4. Celanese Corporation (U.S.)

13.2.5. EniChem (Italy)

13.2.6. SEKAB (Sweden)

13.2.7. PT. Indo Acidatama Tbk (Indonesia)

13.2.8. Chiba Ethyl Acetate Co., Ltd (China)

13.2.9. The Nippon Synthetic Chemical Industry Co., Ltd (Japan)

13.2.10. Dairen Chemical Corporation (Taiwan)

  1. Research Methodology
  2. Key Assumptions and Acronyms

Report

Company Profile

  • INEOS (Switzerland)
  • Carbohim – Wood and Chemical Company (U.S.)
  • Jubilant Life Sciences Ltd (India)
  • Celanese Corporation (U.S.)
  • EniChem (Italy)
  • SEKAB (Sweden)
  • Indo Acidatama Tbk (Indonesia)
  • Chiba Ethyl Acetate Co., Ltd (China)
  • The Nippon Synthetic Chemical Industry Co.
  • Ltd (Japan)
  • Dairen Chemical Corporation (Taiwan)

Description

Ethyl acetate market size was valued at US$ 3.89 Billion in 2021 and is projected to reach US$ 5.15 Billion by 2028 at a CAGR of 4.1% during the forecast period 2022 to 2028. Ethyl acetate market report gives comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of application, end-user, and regions. This report studies market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in market activities. Global ethyl acetate market is consolidating as large players complementing each other’s businesses by means of collaborations and acquisitions. For instance, INEOS acquired INESCO CHP. The acquisition will ensure the reliable supply of steam, as a critical feedstock, to the INEOS plants.

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