Global Isoamyl Acetate Market to Grow at a CAGR of 3.2% During 2021-2026, Aided by the Growing R&D Activities

Based on end use, the food and beverage industry accounts for a significant share of the total market value. The market players are continuously enhancing their product portfolio to fulfill the growing demand for halal and kosher foods. These products comply with the strict dietary standards of traditional guidelines. For instance, Chemoxy International Ltd, a key player in the industry, manufactures and sells isoamyl acetate for the fragrance and flavour industry, which is kosher certified by KLBD (the largest kosher agency in Europe). Thus, the growing R&D activities are further supporting the industry growth globally.

Moreover, the growing focus of the consumers on beauty and personal well being is driving the demand for cosmetic and personal care products; wherein isoamyl acetate is utilised for its high solubility and other favourable properties. This is supported by the thriving retail industry and expanding distribution channels. The easy availability of these end-use products through online and offline platforms like Walmart Inc (NYSE: WMT) and Amazon.com, Inc. (NASDAQ: AMZN) is resulting in their increased sales. Such developments are expected to positively aid the growth of the isoamyl acetate industry over the forecast period.

Market Breakup by Application, End Use, and Region:

• On the basis of application, the industry can be divided into solvent and flavouring agent, among others.
• Based on end use, the industry is divided into food and beverages, cosmetics and personal care, textile, and pharmaceuticals, among others.
• Region-wise, the global market for isoamyl acetate can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The market is being driven by the thriving food and beverages industry and the growing demand for synthetic flavours and fragrance. 
• The growing demand for cosmetic and personal care products, particularly in the emerging nations, are further propelling the market growth. 
• The market will receive further impetus with the growing research and development activities and rapid technological advancements. 
• The new product launches and rising consumer disposable incomes are accelerating the growth of the industry. 

Key Offerings of the Report:

• The EMR report gives an overview of the global market for isoamyl acetate for the periods (2016-2020) and (2021-2026). 
• The report also offers historical (2016-2020) and forecast (2021-2026) market information for the applications, end-uses, and major regions of isoamyl acetate.
• The report also gives the regional historical (2016-2020) and forecast (2021-2026) price trends of the product.
• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global isoamyl acetate market are Chemoxy International Ltd, Dow Chemical Company, Ernesto Ventós S.A., and Nimble Technologies Pvt Ltd, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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