The impact of the COVID-19 outbreak has forced several manufacturers and industries to reconsider their operations to gradually recover from the losses of the coming years. The organic chemical industry suffered a massive setback due to production standstills and scarce raw material supplies.
The report provides actionable and valuable insights into the market. Fact.MR latest report provides details on current market scenario in different regions along with historical data and market forecast. The report also provides information on sales and demand across various industries and regions.
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Key Takeaways from Market Study
- The market is anticipated to add 1.6X value by 2031 as compared to 2021.
- >98% grade isopropyl acetate captures a governing share of the global market, and is set to create US$ 161.5 Mn opportunity over the forecast period
- Printing ink application is the fastest-growing segment, owing to wide application offerings.
- North America is set to dominate market revenue in 2021, but is expected to lose 271.7 BPS in its market share by 2031.
- By function, isopropyl acetate as an intermediate is anticipated to gain around 85.2 BPS over the next ten years.
- The United States, China, France, Germany, Italy and GCC countries are key countries governing the demand for isopropyl acetate.
“Isopropyl acetate to experience high demand for use in personal care products,” says a Fact.MR analyst.
Winning Strategy
Expansion strategies and focusing on increased geographical reach to deliver reliable material for processing end products will fetch fruitful returns for market players. Isopropyl acetate manufacturers across the globe look forward to increase its application and flourish demand over the medium- to long-term forecast period.
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Key Market Segments Covered in Report
-
By Grade
- >98%
- <98%
-
By Function
- Additives
- Intermediates
- Plasticizers
- Stabilizers
- Others
-
By Application
- Automotive
- OEM Coatings
- Refinishes
- Plastics
- Architectural Coatings
- Wood Coatings
- Printing Inks
- Packaging Components & Inks
- Personal Care Ingredients
- Pharmaceuticals
- Cleaning Fluids
- Perfumes & Fragrances
- Others
- Automotive
-
Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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The Isopropyl Acetate market research answers important questions including the following:
- Why are Isopropyl Acetate market players focused on business expansion in the region?
- Which regulatory authorities have approved the application of Isopropyl Acetate Market?
- What are the Environmental Pros and Cons of Isopropyl Acetate Market?
- Why are players aiming at segment production?
- What strategies are emerging players implementing in the global Isopropyl Acetate market?
The Isopropyl Acetate Market Report serves the readers with the following data:
In-depth analysis of supply and demand side trends.
Direct and indirect impact of growth of relevant markets on Isopropyl Acetate
segment importance in different regions.
Accurate YoY Growth of Global Isopropyl
Acetate Consumption Trend among Individuals Around the World
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