As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Ethyl Acetate Market: By Application: Paints & Coating, Adhesives, Inks, Pharmaceutical, Others; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Price Analysis; Trade Analysis (HS Code: 291531); Value Chain Analysis; Procurement Strategy; Cost Analysis; Competitive Landscape & Supplier Analysis; Manufacturing Process; Production Cost Analysis and Project Economics

Global Ethyl Acetate Market Key Insights:

 

  • Applications: Paints and Coating, Adhesives, Inks, Pharmaceutical, and Others
  • Market Analysis and Outlook 2020-2025
  • SWOT Analysis
  • Market Performance
  • Breakup by Region
  • Price Analysis
  • Competitive Landscape
  • Value Chain Analysis
  • Mergers and Acquisitions

 

Market Outlook

The global ethyl acetate market demand reached a volume of nearly 4 million metric tons in 2019. The market demand is expected to grow at a CAGR of 4.5% in the forecast period of 2020-2025 to reach a volume of around 5 million metric tons by 2025. The Asia Pacific is the leading regional market in the industry, accounting for nearly 82% of the market share in the supply market. The Asia Pacific region is followed by North America and the European Union as the other major supply markets.

Global Ethyl Acetate Market Report and Forecast 2020-2025

Get a Free Sample Report with Table of Contents - Download Now

The Asia Pacific, having an 80% of the capacity of ethyl acetate, has a surplus of ethyl-acetate output, which it exports to regions like North America and Europe. The Asia Pacific is witnessing a rising demand for paints and coatings, along with adhesives, due to the increasing construction activities and the growing automobiles industries in China and India, among others. China is the largest exporter in the Asia Pacific region as it has the largest ethyl acetate capacity. The Asia Pacific region exports a significant volume of the product to Europe and North America as they rely on imports from the Asia Pacific to meet their regional demand. This reliance on the Asian countries is, however, likely to reduce in the coming years with the expansion of capacity in North America and Europe.

The largest importing country within Europe is Belgium, importing considerable volumes of ethyl acetate from Mexico and the United Kingdom, supported by free trade policies. The capacity expansion by INEOS in Europe, one of the key players in the industry, is expected to reduce the quantity of imports in the region. South Africa, Mexico, and India are among the major sourcing regions for ethyl acetate. The majority of consumers in Europe prefer to import from South Africa and Mexico owing to the readily available ethanol and synthetic ethanol in the regions.

Properties and Applications

Ethyl acetate, with the chemical formula, CH3COOC2H5, is among the simpler carboxyl esters. It is a liquid with no colour and has a soft, fruity scent, which most people have found pleasant. Ethyl acetate is a commonly utilized solvent, particularly in the production of paints, varnishes, cleaning mixtures, lacquers, and perfumes. It finds wide applications in the following segments:

  • Paints and Coating
  • Adhesives
  • Inks
  • Pharmaceutical
  • Others

The EMR report also covers the regional markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Market Analysis

The ethyl acetate market is being driven by the growing end-use industries. The growing demand for paints and coatings, along with the rise in the demand for adhesives, is supporting the market growth for ethyl-acetate. The demand for these products is being driven by the rapidly increasing construction industries, especially in the emerging regions like China, India, and Latin America. The growing demand for these products is, thus, providing a further impetus to the demand for ethyl acetate.

The demand for the product is also being aided by the rising demand for printing inks. The rapidly growing automobiles industry in all the major regions and especially, in the developing nations, like India and China, are propelling the ethyl acetate market growth further. Ethyl acetate is witnessing a rising demand majorly in the residential, non-residential, automobiles, and other industrial sectors in the major regional markets. Other major driving factors include the increasing demand from industries, like pharmaceuticals, cosmetics, and packaging material sectors.

The market is also supported by the growing cosmetics and personal care industries. With globalisation and economic growth, the disposable incomes of the consumers are also on the rise. This enables consumers to spend more on personal care products. Ethyl acetate is used in products like nail polish, which is widely sold. The growing demand for these cosmetic products is, thus, boosting the demand for ethyl acetate across all regions.

Competitive Landscape

July 2016- INEOS announced the expansion of its ethyl acetate production by 100,000 tonnes per year at its manufacturing plant in Hull, United Kingdom.

The report gives a detailed analysis of the following key players in the global ethyl acetate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Jiangmen Handsome Chemical Development Ltd.
  • Jiangsu Sopo (Group) Co., Ltd.
  • Eastman Chemical Company
  • INEOS Group
  • Sekab Biofuels & Chemicals AB
  • Jinyimeng Group Co.,Ltd.
  • Godavari Biorefineries Ltd.
  • Solvay
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter’s five forces model, along with giving a SWOT analysis. The report also gives a detailed insight into the price and trade data analysis of the market.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Cost Structure
    4.5    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Ethyl Acetate Market Analysis
    6.1    Figure: Global Ethyl Acetate Historical Market (2015-2019) & Forecast (2020-2025)
    6.2    Chart: Global Ethyl Acetate Market Breakup by Application
        6.2.1    Paints & Coating
        6.2.2    Adhesives
        6.2.3    Inks
        6.2.4    Pharmaceutical
        6.2.5    Others
    6.3    Figure: Global Ethyl Acetate Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
        6.3.1    Paints & Coating
        6.3.2    Adhesives
        6.3.3    Inks
        6.3.4    Pharmaceutical
        6.3.5    Others
    6.4    Chart: Global Ethyl Acetate Market Breakup by Region
        6.4.1    North America
            6.4.1.1    United State of America
            6.4.1.2    Canada
        6.4.2    Europe
            6.4.2.1    United Kingdom
            6.4.2.2    Germany
            6.4.2.3    France
            6.4.2.4    Italy
            6.4.2.5    Others
        6.4.3    Asia Pacific
            6.4.3.1    China
            6.4.3.2    Japan
            6.4.3.3    India
            6.4.3.4    ASEAN
            6.4.3.5    Others
        6.4.4    Latin America
            6.4.4.1    Brazil
            6.4.4.2    Argentina
            6.4.4.3    Colombia
            6.4.4.4    Others
        6.4.5    Middle East and Africa
            6.4.5.1    Saudi Arabia
            6.4.5.2    United Arab Emirates
            6.4.5.3    Nigeria
            6.4.5.4    South Africa
            6.4.5.5    Others
    6.5    Figure: Global Ethyl Acetate Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
        6.5.1    North America
            6.5.1.1    United State of America
            6.5.1.2    Canada
        6.5.2    Europe
            6.5.2.1    United Kingdom
            6.5.2.2    Germany
            6.5.2.3    France
            6.5.2.4    Italy
            6.5.2.5    Others
        6.5.3    Asia Pacific
            6.5.3.1    China
            6.5.3.2    Japan
            6.5.3.3    India
            6.5.3.4    ASEAN
            6.5.3.5    Others
        6.5.4    Latin America
            6.5.4.1    Brazil
            6.5.4.2    Argentina
            6.5.4.3    Colombia
            6.5.4.4    Others
        6.5.5    Middle East and Africa
            6.5.5.1    Saudi Arabia
            6.5.5.2    United Arab Emirates
            6.5.5.3    Nigeria
            6.5.5.4    South Africa
            6.5.5.5    Others
7    Global Ethyl Acetate Price Analysis
    7.1    North America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    7.2    Europe Historical Price Trends (2015-2019) and Forecast (2020-2025)
    7.3    Asia Pacific Historical Price Trends (2015-2019) and Forecast (2020-2025)
    7.4    Latin America Historical Price Trends (2015-2019) and Forecast (2020-2025)
    7.5    Middle East and Africa Historical Price Trends (2015-2019) and Forecast (2020-2025)
8    Global Trade Analysis (HS Code: 291531)
    8.1    Major Exporting Countries: By Value and Volume
    8.2    Major Importing Countries: By Value and Volume
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Porter’s Five Forces Analysis
    10.1    Overview
    10.2    Buyer’s Power
    10.3    Supplier’s Power
    10.4    New Entrants
    10.5    Degree of Rivalry
    10.6    Substitutes
11    Value Chain Analysis
12    EMR’s Key Indicators for Demand
13    EMR’s Key Indicators for Price
14    Procurement Strategy

    14.1    Sourcing Model
    14.2    Contract Model
    14.3    Negotiation Levers
    14.4    Pros and Cons
15    Cost Analysis
    15.1    Raw Material Cost
    15.2    Utilities Cost
    15.3    Labor Cost
    15.4    Other Fixed Cost
16    Competitive Landscape & Supplier Analysis
    16.1    Jiangmen Handsome Chemical Development Ltd.
        16.1.1    Company Overview
        16.1.2    Financial Analysis
    16.2    Jiangsu Sopo (Group) Co., Ltd.
        16.2.1    Company Overview
        16.2.2    Financial Analysis
    16.3    Eastman Chemical Company
        16.3.1    Company Overview
        16.3.2    Financial Analysis
    16.4    INEOS Group
        16.4.1    Company Overview
        16.4.2    Financial Analysis
    16.5    Sekab Biofuels & Chemicals AB
        16.5.1    Company Overview
        16.5.2    Financial Analysis
    16.6    Jinyimeng Group Co.,Ltd.
        16.6.1    Company Overview
        16.6.2    Financial Analysis
    16.7    Godavari Biorefineries Ltd.
        16.7.1    Company Overview
        16.7.2    Financial Analysis
    16.8    Solvay
        16.8.1    Company Overview
        16.8.2    Financial Analysis
    16.9    Others
17    Events and Developments

Additional Customisations Available:

18    Manufacturing Process
    18.1    Detailed Process Flow
    18.2    Operations Involved
    18.3    Mass Balance
19    Production Cost Analysis and Project Economics
    19.1    Land, Location and Site Development
    19.2    Construction
    19.3    Plant Machinery
    19.4    Cost of Raw Material
    19.5    Packaging
    19.6    Transportation
    19.7    Utilities
    19.8    Manpower
    19.9    Other Capital Investment

Analyst Review

The global ethyl acetate market demand attained a volume of nearly 4 million metric tons in 2019. It is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 4.5%. The market is projected to reach a volume of around 5 million metric tons by 2025.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the global ethyl acetate market can be segmented into paints and coating, adhesives, inks, and pharmaceutical, among others. North America, Latin America, Europe, the Middle East and Africa, Europe, and the Asia Pacific are the major regions in the market, with the Asia Pacific leading the overall global ethyl acetate market, with a 82% supply market share. The key players in the above industry are Jiangmen Handsome Chemical Development Ltd., Jiangsu Sopo (Group) Co., Ltd., Eastman Chemical Company, INEOS Group, Sekab Biofuels & Chemicals AB, Jinyimeng Group Co.,Ltd., Godavari Biorefineries Ltd., and Solvay, among others.

The major drivers of the industry such as rising disposable incomes, increasing population, rising urbanisation, growing demand from adhesives and paints and coatings industries, rising construction and automobiles industry, growing demand for printing inks, and rising cosmetics and personal care industry are driving the growth of the market globally. EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with industry insights that are accurate, actionable, and help them remain ahead of their competition.

EMR’s approach gives their clients a comprehensive assessment of the prevailing and projected industry conditions through the collection, collation, and analysis of data from trusted sources. The key questions answered in the market study are:

  • How has the global ethyl acetate market performed in the previous years (2015-2019)?
  • What is the forecast assessment of the industry for 2020-2025?
  • What are the major industry drivers and constraints?
  • What are the major price and demand indicators of the global ethyl acetate market?
  • What are the price trends of the product in the industry globally?
  • Who are the key manufacturers of the product in the global ethyl acetate market?
  • What are the import and export trends in the global ethyl acetate market?
  • Who are the top importers and exporters of the product in the industry globally?
  • What is the degree of competition in the global ethyl acetate market?
Purchase Full Report

Mini Report

$1099
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports


Global Toluene Market Report and Forecast 2020-2025


Global N-Hexane Market Report and Forecast 2020-2025



NEWSLETTER