The Global Ethyl Acetate Market is projected to grow at a CAGR of 3.90% from USD 4,278.0 Million in 2020 to USD 5,849.7 Million in 2028. The global market is growing at a substantial pace due to the growing demand for ethyl acetates in the food & beverages for its distinctive sweet flavor and in the adhesives & sealants as a comparatively low-cost solvent. Owing to a high rise in the disposable income in the emerging countries, the fascinations for the architectural improvement has been a high propellant factor for this market.
The textile industry has also been a crucial end-use vertical for this market as this chemical compound is used as a solvent which works as a moistening and softening agent for the textiles. The low toxic and biodegradable nature with a very high flash point characteristics of ethyl acetate makes it a highly demanding and largely accepted solvent in the paint & coatings and adhesives & sealant industries worldwide.
Top Companies Operating in the Global Ethyl Acetate Market:
Celanese Corporation, Eastman, Chemical Company, Jubilant Life Science Ltd., Jiangsu Sopo (Group) Co., Ltd., INEOS, PT. Indo Acidatama Tbk, Solvay S.A., Daicel Corporation, Sipchem, and Merck KGaA.
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The polarity of ethanol, polarity of methanol, polarity of acetone, polarity of dichloromethane, ethanol polarity index, polarity of ethyl acetate, polarity of toluene, polarity of diethyl ether, hexane polarity these are some of the factors that the manufactures and chemical processing companies in this market require to look after. Besides, ethyl acetate density, ethyl acetate hazards, ethyl acetate boiling point, ethyl acetate MSDS, ethyl acetate solubility, ethyl acetate melting point, ethyl acetate SDS are a few critical aspects required for most of the use cases available in the market.
Ethyl acetate is an organic compound with a colorless liquid formation and has a characteristic sweet and fruity smell. Ethyl acetate is widely mixed as the solvent and diluent in the paints & coatings and adhesives & sealants for its comparatively low cost, low toxicity, and agreeable odor. It is commonly used in nail varnish removers and in the color and inks to mark fruit or vegetables. Ethyl acetate is a prominent organic compound found in alcoholic beverages, fruit juices, beer, wine, spirits, and others. Another mentionable use of ethyl acetate is the coffee beans, and tea leaves are decaffeinated with this solvent. In paints, this chemical compound is used to work as an activator or hardener. Ethyl acetate is present in confectionery, perfumes, and fruits. In perfumes, it evaporates quickly, leaving only the scent of the perfume on the skin.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Ethyl Acetate market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Ethyl Acetate market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Ethyl Acetate market key players
3.2 Global Ethyl Acetate size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Ethyl Acetate market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Ethyl Acetate Market Segmentation
Distribution Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2018-2028)
- Online Retailing
- Offline Retailing
Application Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2018-2028)
- Paints & Coatings
- Adhesives & Sealant
- Process Solvent
- Activator & Hardener
- Other Applications
End-Use Verticals Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2018-2028)
- Food & Beverages
- Architectural
- Packaging Industry
- Automotive
- Textile Industry
- Others
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