Top 7 Companies with an Established Presence in Global Butyl Acetate Market

Dow Chemical Company, Celanese Corporation, Eastman Chemical Company, BASF SE, INEOS Group, Shatabdi Chemicals (P) Ltd., and Solvent Wistol S.A., among others, are the major players in the global butyl acetate market.

The global butyl acetate market is expected to grow at a CAGR of about 3.8 % in the forecast period of 2022-2027. As per the analysis by Expert Market Research, a key driving factor for the market is expected to be the increasing use of automotive paint and water-based coatings.

The market is driven positively by the rising demand for butyl acetate in cosmetics, adhesives, automobile paints and water-based coatings industries. The increasing research and development in tert-butyl acetate utilising butyl acetate are boosting the market’s growth. Furthermore, the increasing import of butyl acetate and the use of automobile paints in China, and the growing efforts by the governments in the Middle East to attract petrochemical and chemical industries are further aiding the market’s growth.

The Dow Chemical Company offers various grades of butyl acetate that are suited for use as solvents in the wood coating, flexographic printing inks, and industrial coatings. They are also used in personal care products including cosmetics, nail care, fragrances, and other industrial processes. The growing demand for butyl acetate in the Asia Pacific region is augmenting the market’s growth.

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Top 7 Companies in the Global Butyl Acetate Market:

Dow Chemical Company

Dow Chemical Company is an American multinational chemical that manufactures speciality chemicals, rubber, plastic, and agro-science materials for packaging, infrastructure, agricultural, and consumer care industries globally. The company is a subsidiary of Dow Inc and one of the largest chemical producers in the world, operating in over 160 countries globally.

Eastman Chemical Company

Eastman Chemical Company (NYSE: EMN) is a US-based chemical company. The company’s products include coatings, speciality polymers, adhesives, inks, chemicals, performance polymers, and plastics. The products are supplied to industries such as health and wellness, consumer durables, building and construction, transportation, consumables, industrial and chemical processing, food, feed, and agriculture in over 100 countries globally.

Celanese Corporation

Celanese Corporation (NYSE: CE) is a global company with a focus on chemicals and speciality materials. It is one of the largest producers of acetyl and high performance engineered polymers worldwide. The company is engaged in manufacturing and selling acetyl, acetate, vinyl emulsion, and engineered polymers through its 30 production facilities globally.

BASF SE

BASF SE is a Germany-based chemical company and the largest chemical company in the world. The company comprises of six core segments: chemicals, industrial solutions, materials, nutrition and care, surface technologies, and agricultural solutions. It provides products to several industries. BASF SE operates 6 integration sites and 241 sites for production in about 90 countries globally.

INEOS Group

INEOS Group is a British chemical company that manufactures petrochemicals, speciality chemicals, and oil products. The product line of the company includes films and compounds, chlor-alkali chemicals and PVC products, CFC commercial replacements, and melamine resins for technical, coating, and speciality applications. The INEOS Group has 36 business units with 194 sites in over 29 countries and various brands under it. The products are supplied to adhesives, agriculture, coatings, construction, cosmetics, and many other industries.

Shatabdi Chemicals (P) Ltd.

Shatabdi Chemicals (P) Ltd is an Indian chemical company that produces alcohol-based esters and imports its chemicals worldwide. The company is a leading player in the Indian market and manufactures high standard ethyl acetate, acetic acid, butyl acetate, toluene, cyclohexanone, n-butyl alcohol, and other alcohol derivatives. It has a typical annual production of more than 6,000 MT butyl acetate and 12,000 MT ethyl acetate.

Solvent Wistol S.A.

Solvent Wistol S.A. is a Polish chemical company. The company is the only manufacturer of n-butyl acetate in Poland and offers n-butanol, isobutanol, and acetic acids chemicals for various industries. The services it provides include storage of liquid and solid products, logistics, processed chemical products, and rental spaces.