The ethyl acetate market size is poised to grow by USD 10.47 billion by 2032 from USD 5.84 billion in 2023, exhibiting a CAGR of 6.70% during the forecast period 2023-2032.
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.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Ethyl acetate market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Ethyl acetate Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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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 Gain USD 10.07 Bn by 2032
The empirical study on the global Ethyl acetate market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Ethyl acetate Market. Our market report for the Ethyl acetate market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
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
Data Sources and Methodology
To gather comprehensive insights on the Global Ethyl acetate Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Ethyl acetate Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Ethyl acetate market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
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
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Ethyl acetate market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Ethyl acetate market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Ethyl acetate market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Ethyl acetate market but also the strategic plans of industry leaders.
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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