Global Ethyl Acetate Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3600/- USD | Published Date: January 10, 2021 |

The ethyl acetate market is projected to grow at a CAGR of over 9% during the forecast period and expected to reach over USD 4 billion by 2027. The demand is increasing due to the continuously growing building and construction industry across the globe. It is estimated that the paints and coating industry is the largest consumer of ethyl acetate across the globe. And it is also used in photographic films. Increasing use in printing inks and coatings are some key factors to drive the demand for ethyl acetate in the next upcoming years. Furthermore, increasing use of ethyl acetate in the food & beverage industry to enhance flavor such as banana, pineapple, and others is projected to boost the market over the forecast period. However, fluctuating raw material is a factor to hinder the market growth over the forecast period.

Market Segment Insights:

The global ethyl acetate market is fragmented into the application, end-use industry, and geography. By application, the market is further classified into adhesive & sealant, coatings, pigments, flavor enhancers, and others. The coating formulation segment held the largest market share and expected to grow at the same growth rate. The segment growth is attributed to the increasing construction activities in developing economies such as China and India.

On the basis of the end-use industry, the market is divided into food & beverage, paints & coatings, pharmaceuticals, automotive, and others. The food and beverage segment dominated the market in 2020 and accounted to hold a major share of over 25% of the global ethyl acetate market in terms of revenue. The segment growth is attributed to the increasing demand from the food & beverage industry to enhance flavors such as banana, strawberry, pineapple, and others. The Asia Pacific is major consumer of ethyl acetate due to the presence of some major players such as Jiangsu Sopo (China), Jiangmen Handsome (China), Wuxi Baichuan (China), Jubilant (India), and Godavari Biorefineries Ltd. (India).

The ethyl acetate comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global ethyl acetate market size and forecast were obtained by using “Bottom-up” and “Top-down” approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions.

Global Ethyl Acetate Market Growth

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The ethyl acetate market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2020 to 2027.

Global Ethyl Acetate Market Segmentation:

By Application:

  • Adhesives & Sealants
  • Coatings Formulations
  • Pigments
  • Flavor Enhancer
  • Process Solvents
  • Intermediates
  • Others

By End-Use Industry:

  • Food & Beverage
  • Paints & Coatings
  • Pharmaceuticals
  • Automotive
  • Artificial Leather
  • Packaging
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, the ethyl acetate market report comprises dedicated sections centering on the regional market revenue and trends. The ethyl acetate market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The ethyl acetate market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Ethyl acetate market estimates have also been provided for the historical years 2019 & 2020 along with forecasts for the period from 2021 – 2027.

Market Competition Assessment:

Key players operating in the global ethyl acetate market are Celanese Corporation, Eastman Chemical Company, INEOS, Jubilant Life Sciences, and PT. Indo Acidatama Tbk. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Celanese Corporation
  • Eastman Chemical Company
  • INEOS
  • Jubilant Life Sciences
  • Indo Acidatama Tbk
  • Solvay
  • Merck KGaA
  • Shandong Jinyimeng Group Co. Ltd.
  • DAICEL CORPORATION
  • KAI CO., LTD.
  • Sipchem

Key Questions Answered by Ethyl Acetate Market Report:

  • Global ethyl acetate market forecasts from 2021-2027
  • Regional ethyl acetate market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Ethyl acetate submarket forecasts from 2021-2027 covering the market by type, by function, by end-use, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to ethyl acetate market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level ethyl acetate markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the ethyl acetate market
1. Preface

1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

2. Executive Summary

2.1. Global Ethyl Acetate Market Portraiture
2.2. Global Ethyl Acetate Market, by Application, 2020 (USD Mn)
2.3. Global Ethyl Acetate Market, by End-Use Industry, 2020 (USD Mn)
2.4. Global Ethyl Acetate Market, by Geography, 2020 (USD Mn)

3. Global Ethyl Acetate Market Analysis

3.1. Ethyl Acetate Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis

4. Global Ethyl Acetate Market By Application, 2018 – 2027 (USD Mn)
4.1. Overview
4.2. Adhesives & Sealants
4.3. Coatings Formulations
4.4. Pigments
4.5. Flavor Enhancer
4.6. Process Solvents
4.7. Intermediates
4.8. Others

5. Global Ethyl Acetate Market By End-Use Industry, 2018 – 2027 (USD Mn)
5.1. Food & Beverage
5.2. Paints & Coatings
5.3. Pharmaceuticals
5.4. Automotive
5.5. Artificial Leather
5.6. Packaging
5.7. Others

6. Global Ethyl Acetate Market, By Geography, 2018 – 2027 (USD Mn)
6.1. Introduction
6.2. North America
6.2.1. Overview
6.2.2. North America Ethyl Acetate Market by Application (2018-2027 USD Mn)
6.2.3. North America Ethyl Acetate Market by End-Use Industry (2018-2027 USD Mn)
6.2.4. North America Ethyl Acetate Market by Country (2018-2027 USD Mn)
6.2.4.1. U.S.
6.2.4.2. Canada
6.3. Europe
6.3.1. Overview
6.3.2. Europe Ethyl Acetate Market by Application (2018-2027 USD Mn)
6.3.3. Europe Ethyl Acetate Market by End-Use Industry (2018-2027 USD Mn)
6.3.4. Europe Ethyl Acetate Market by Country (2018-2027 USD Mn)
6.3.4.1. Germany
6.3.4.2. U.K.
6.3.4.3. France
6.3.4.4. Italy
6.3.4.5. Rest of Europe
6.4. Asia Pacific
6.4.1. Overview
6.4.2. Asia Pacific Ethyl Acetate Market by Application (2018-2027 USD Mn)
6.4.3. Asia Pacific Ethyl Acetate Market by End-Use Industry (2018-2027 USD Mn)
6.4.4. Asia Pacific Ethyl Acetate Market by Country (2018-2027 USD Mn)
6.4.4.1. China.
6.4.4.2. Japan
6.4.4.3. Rest of Asia Pacific
6.5. Latin America (LATAM)
6.5.1. Overview
6.5.2. Latin America Ethyl Acetate Market by Application (2018-2027 USD Mn)
6.5.3. Latin America Ethyl Acetate Market by End-Use Industry (2018-2027 USD Mn)
6.5.4. Latin America Ethyl Acetate Market by Country (2018-2027 USD Mn)
6.5.4.1. Brazil
6.5.4.2. Mexico
6.5.4.3. Rest of Latin America
6.6. Middle East and Africa
6.6.1. Overview
6.6.2. MEA Ethyl Acetate Market by Application (2018-2027 USD Mn)
6.6.3. MEA Ethyl Acetate Market by End-Use Industry (2018-2027 USD Mn)
6.6.4. Middle East and Africa Ethyl Acetate Market, by Country (2018-2027 USD Mn)
6.6.4.1. GCC
6.6.4.2. Rest of MEA

7. Company Profiles
7.1. Celanese Corporation
7.1.1. Business Description
7.1.2. Financial Health and Budget Allocation
7.1.3. Product Positions/Portfolio
7.1.4. Recent Development
7.1.5. SWOT Analysis
7.2. Eastman Chemical Company
7.2.1. Business Description
7.2.2. Financial Health and Budget Allocation
7.2.3. Product Positions/Portfolio
7.2.4. Recent Development
7.2.5. SWOT Analysis
7.3. INEOS
7.3.1. Business Description
7.3.2. Financial Health and Budget Allocation
7.3.3. Product Positions/Portfolio
7.3.4. Recent Development
7.3.5. SWOT Analysis
7.4. Jubilant Life Sciences
7.4.1. Business Description
7.4.2. Financial Health and Budget Allocation
7.4.3. Product Positions/Portfolio
7.4.4. Recent Development
7.4.5. SWOT Analysis
7.5. PT. Indo Acidatama Tbk
7.5.1. Business Description
7.5.2. Financial Health and Budget Allocation
7.5.3. Product Positions/Portfolio
7.5.4. Recent Development
7.5.5. SWOT Analysis
7.6. Solvay
7.6.1. Business Description
7.6.2. Financial Health and Budget Allocation
7.6.3. Product Positions/Portfolio
7.6.4. Recent Development
7.6.5. SWOT Analysis
7.7. Merck KGaA
7.7.1. Business Description
7.7.2. Financial Health and Budget Allocation
7.7.3. Product Positions/Portfolio
7.7.4. Recent Development
7.7.5. SWOT Analysis
7.8. Shandong Jinyimeng Group Co. Ltd.
7.8.1. Business Description
7.8.2. Financial Health and Budget Allocation
7.8.3. Product Positions/Portfolio
7.8.4. Recent Development
7.8.5. SWOT Analysis
7.9. DAICEL CORPORATION
7.9.1. Business Description
7.9.2. Financial Health and Budget Allocation
7.9.3. Product Positions/Portfolio
7.9.4. Recent Development
7.9.5. SWOT Analysis
7.10. KAI CO., LTD.
7.10.1. Business Description
7.10.2. Financial Health and Budget Allocation
7.10.3. Product Positions/Portfolio
7.10.4. Recent Development
7.10.5. SWOT Analysis
7.11. Sipchem
7.11.1. Business Description
7.11.2. Financial Health and Budget Allocation
7.11.3. Product Positions/Portfolio
7.11.4. Recent Development
7.11.5. SWOT Analysis

List of Tables:

TABLE 1 Market Snapshot: Global Ethyl Acetate Market

TABLE 2 Impact Indicators

TABLE 3 Impact Analysis of Drivers and Challenges

TABLE 4 Global Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 5 Global Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 6 North America Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 7 North America Ethyl Acetate Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 8 North America Ethyl Acetate Market Value, By Country, 2018 - 2027 (US$ Mn)

TABLE 9 U.S. Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 10 U.S. Ethyl Acetate Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 11 Canada Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 12 Canada Ethyl Acetate Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 13 Europe Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 14 Europe Ethyl Acetate Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 15 Europe Ethyl Acetate Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 16 Germany Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 17 Germany Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 18 U.K. Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 19 U.K. Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 20 France Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 21 France Ethyl Acetate Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 22 Italy Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 23 Italy Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 24 Rest of Europe Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 25 Rest of Europe Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 26 Asia Pacific Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 27 Asia Pacific Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 28 Asia Pacific Ethyl Acetate Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 29 Japan Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 30 Japan Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 31 China Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 32 China Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 33 Rest of Asia Pacific Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 34 Rest of Asia Pacific Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 35 Latin America Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 36 Latin America Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 37 Latin America Ethyl Acetate Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 38 Brazil Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 39 Brazil Ethyl Acetate Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 40 Mexico Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 41 Mexico Ethyl Acetate Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 42 Rest of Latin America Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 43 Rest of Latin America Ethyl Acetate Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 44 Middle East & Africa Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 45 Middle East & Africa Ethyl Acetate Market Value, by End-User, 2018 - 2027 (US$ Mn)

TABLE 46 Middle East & Africa Ethyl Acetate Market Value, by Country, 2018 - 2027 (US$ Mn)

TABLE 47 GCC Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 48 GCC Ethyl Acetate Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 49 Rest of MEA Ethyl Acetate Market Value, by Application, 2018 - 2027 (US$ Mn)

TABLE 50 Rest of MEA Ethyl Acetate Market Value, by End-user, 2018 - 2027 (US$ Mn)

TABLE 51 Celanese Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 52 Eastman Chemical Company: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 53 INEOS: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 54 Jubilant Life Sciences: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 55 PT. Indo Acidatama Tbk: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 56 Solvay: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 57 Merck KGaA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 58 Shandong Jinyimeng Group Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 59 DAICEL CORPORATION: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 60 KAI CO., LTD.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

TABLE 61 Sipchem: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

 

List of Figures:

FIG. 1 Global Ethyl Acetate: Market Segmentation

FIG. 2 Global Ethyl Acetate Market: Research Methodology

FIG. 3 Top-Down and Bottom-up Approach

FIG. 5 Global Ethyl Acetate Market, by Application, 2019 (US$ Mn)

FIG. 6 Global Ethyl Acetate Market, by End-User, 2019 (US$ Mn)

FIG. 7 Global Ethyl Acetate Market, by Geography, 2019 (US$ Mn)

FIG. 8 Global Ethyl Acetate Market Value and Growth, 2018 – 2027, (US$ Mn) (Y-o-Y %)

FIG. 9 Attractive Investment Proposition, by Geography, 2017

FIG. 10  Market Positioning of Key Ethyl Acetate Providers, 2019

FIG. 11 Global Ethyl Acetate Market Value Share, by Application, 2018 & 2027 (Value %)

FIG. 12 Global Ethyl Acetate Market Value for Adhesives & Sealants, 2018 - 2027 (US$ Mn)

FIG. 13 Global Ethyl Acetate Market Value for Coatings Formulations, 2018 - 2027 (US$ Mn)

FIG. 14 Global Ethyl Acetate Market Value for Pigments, 2018 - 2027 (US$ Mn)

FIG. 15 Global Ethyl Acetate Market Value for Flavor Enhancer, 2018 - 2027 (US$ Mn)

FIG. 16 Global Ethyl Acetate Market Value for Process Solvents, 2018 - 2027 (US$ Mn)

FIG. 17 Global Ethyl Acetate Market Value for Intermediates, 2018 - 2027 (US$ Mn)

FIG. 18 Global Ethyl Acetate Market Value for Others, 2018 - 2027 (US$ Mn)

FIG. 19 Global Ethyl Acetate Market Value Share, by End-User, 2018 & 2027 (Value %)

FIG. 20 Global Ethyl Acetate Market Value for Food & Beverage, 2018 - 2027 (US$ Mn)

FIG. 21 Global Ethyl Acetate Market Value for Paints & Coatings, 2018 - 2027 (US$ Mn)

FIG. 22 Global Ethyl Acetate Market Value for Pharmaceuticals, 2018 - 2027 (US$ Mn)

FIG. 23 Global Ethyl Acetate Market Value for Automotive, 2018 - 2027 (US$ Mn)

FIG. 24 Global Ethyl Acetate Market Value for Artificial Leather, 2018 - 2027 (US$ Mn)

FIG. 25 Global Ethyl Acetate Market Value for Packaging, 2018 - 2027 (US$ Mn)

FIG. 26 Global Ethyl Acetate Market Value for Others, 2018 - 2027 (US$ Mn)

FIG. 27 North America Ethyl Acetate Market Value, 2018 - 2027, (US$ Mn)

FIG. 28 Europe Ethyl Acetate Market Value, 2018 - 2027, (US$ Mn)

FIG. 29 Asia Pacific Ethyl Acetate Market Value, 2018 - 2027, (US$ Mn)

FIG. 30 LATIN America Ethyl Acetate Market Value, 2018 - 2027, (US$ Mn)

FIG. 31 Middle East & Africa Ethyl Acetate Market Value, 2018 - 2027, (US$ Mn)
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