The global Ethyl acetate market size was estimated to be around US$ 5.84 billion in 2023. It is projected to reach US$ 10.47 billion by 2032, indicating a CAGR of 6.70% from 2023 to 2032.
Key Takeaways
- Asia Pacific contributed more than 48% of revenue share in 2022.
- North America region is estimated to expand the fastest CAGR between 2023 and 2032.
- By application, the paints & coatings application segment has held the largest market share of 60% in 2022.
- By application, the process solvents segment is anticipated to grow at a remarkable CAGR of 6.9% between 2023 and 2032.
- By end-use, the automotive segment generated over 38% of revenue share in 2022.
- By end-use, the pharmaceutical segment is expected to expand at the fastest CAGR over the projected period.
- By distribution channel, the offline segment generated over 78% of revenue share in 2022.
- By distribution channel, the online segment is expected to expand at the fastest CAGR over the projected period.
The market research report on the Ethyl acetate market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Ethyl acetate products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.
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Ethyl Acetate Market Scope
Report Coverage | Details |
Growth Rate from 2023 to 2032 | CAGR of 6.70% |
Market Size in 2023 | USD 5.84 Billion |
Market Size by 2032 | USD 10.47 Billion |
Largest Market | Asia Pacific |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Application, By End-Use, and By Distribution Channel |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Hemostats Market Size to Garner USD 10.07 Billion by 2032
The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global Ethyl acetate market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Ethyl acetate market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Ethyl acetate products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.
The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.
This in-depth research report offers valuable insights into the Ethyl acetate market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.
The competitive landscape section of the report provides detailed information on Ethyl acetate market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Ethyl acetate market.
Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Ethyl Acetate Market Players
- Celanese Corporation
- INEOS Group Holdings S.A.
- Eastman Chemical Company
- Sasol Limited
- Jubilant Life Sciences Ltd.
- Dairen Chemical Corporation
- Chang Chun Petrochemical Co., Ltd.
- Solvay S.A.
- LCY Chemical Corp.
- Daicel Corporation
- Sekab Biofuels & Chemicals
- Jiangsu SOPO Corporation
- Nippon Nyukazai Co., Ltd.
- Ruijia Chemical Co., Ltd.
- Tokyo Chemical Industry Co., Ltd.
Segments Covered in the Report
By Application
- Paint & Coatings
- Inks
- Process Solvents
- Pigments
- Other Applications
By End-Use
- Artificial Leather
- Automotive
- Food & Beverage
- Packaging
- Pharmaceutical
- Other End-uses
By Distribution Channel
- Offline
- Online
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Ethyl Acetate Market
5.1. COVID-19 Landscape: Ethyl Acetate Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Ethyl Acetate Market, By Application
8.1. Ethyl Acetate Market Revenue and Volume, by Application, 2023-2032
8.1.1 Paint & Coatings
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Inks
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Process Solvents
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
8.1.4. Pigments
8.1.4.1. Market Revenue and Volume Forecast (2020-2032)
8.1.5. Other Applications
8.1.5.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Ethyl Acetate Market, By End-Use
9.1. Ethyl Acetate Market Revenue and Volume, by End-Use, 2023-2032
9.1.1. Artificial Leather
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Automotive
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Food & Beverage
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Packaging
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
9.1.5. Pharmaceutical
9.1.5.1. Market Revenue and Volume Forecast (2020-2032)
9.1.6. Other End-uses
9.1.6.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Ethyl Acetate Market, By Distribution Channel
10.1. Ethyl Acetate Market Revenue and Volume, by Distribution Channel, 2023-2032
10.1.1. Offline
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Online
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Ethyl Acetate Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Application (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by End-Use (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
Chapter 12. Company Profiles
12.1. Celanese Corporation
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. INEOS Group Holdings S.A.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Eastman Chemical Company
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Sasol Limited
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Jubilant Life Sciences Ltd.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Dairen Chemical Corporation
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Chang Chun Petrochemical Co., Ltd.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Solvay S.A.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. LCY Chemical Corp.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Daicel Corporation
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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