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The global isoamyl acetate market is expected to grow at a CAGR of 3.2% in the forecast period of 2023-2028.
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Isoamyl acetate is widely used as a flavouring agent in the food and beverage industry to confer banana flavour in food products. Banana oil, which is a solution of isoamyl acetate in ethanol, is commonly utilised as an artificial flavour. Besides this, it is used in more than 40 flavours, ranging from apple to piña colada, and even coffee. The increasing demand for synthetic flavours owing to the thriving food and beverages industry is aiding the industry growth. Moreover, the chemical is also used as a solvent in some varnishes and nitrocellulose lacquers. The growing demand for solvents from various end-use industries like paints and coatings, pharmaceuticals, and cosmetics will further enhance the overall market growth.
Region-wise, the Asia Pacific is expected to witness a robust growth over the forecast period owing to the rising demand for processed food products, particularly in the emerging nations like India and China.
Isoamyl acetate, variously known as isopentyl acetate, is the ester formed from isoamyl alcohol and acetic acid. It is a colourless liquid with a strong, pleasant odour that is similar to both banana and pear. It is only slightly miscible in water, but readily soluble in most organic solvents. It is obtained via the acid catalysed reaction (Fischer esterification) of isoamyl alcohol and glacial acetic acid in the presence of sulphuric acid.
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Based on application, the industry is divided into:
Based on end use, the industry can be segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The growing popularity of packaged and ready-to-eat food products is driving the demand for synthetic flavours in the food industry, which is propelling the growth of the isoamyl acetate industry. This is further supported by the rising global population, changing dietary patterns, and rising disposable incomes. The growing consumption of alcoholic and non-alcoholic beverages will further contribute to the industry growth. Moreover, the cosmetics and personal care sector is also emerging as one of the major consumers of isoamyl acetate, which is likely to aid in the market growth in the coming years. Owing to technological advancements and growing R&D activities, the manufacturers are enhancing their portfolio and launching new products. This is expected to have a positive effect on the expansion of the global isoamyl acetate industry. However, the growing preference for natural products may hamper the industry growth over the forecast period.
The report gives a detailed analysis of the following key players in the global isoamyl acetate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, End Use, Region |
Breakup by Application | Solvent, Flavouring Agent, Others |
Breakup by End Use | Food and Beverages, Cosmetics and Personal Care, Textiles, Pharmaceuticals, Others |
Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
Price Analysis | Historical and Forecast Price Trends- Regional |
Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
Companies Covered | Chemoxy International Ltd, Dow Chemical Company, Ernesto Ventós S.A., Nimble Technologies Pvt Ltd, Others |
Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Isoamyl Acetate Market Analysis
8.1 Key Industry Highlights
8.2 Global Isoamyl Acetate Historical Market (2018-2022)
8.3 Global Isoamyl Acetate Market Forecast (2023-2028)
8.4 Global Isoamyl Acetate Market by Application
8.4.1 Solvent
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Flavouring Agent
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Others
8.5 Global Isoamyl Acetate Market by End Use
8.5.1 Food and Beverages
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Cosmetics and Personal Care
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Textiles
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Pharmaceuticals
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Isoamyl Acetate Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America Isoamyl Acetate Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Isoamyl Acetate Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Isoamyl Acetate Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Isoamyl Acetate Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Isoamyl Acetate Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
16.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Chemoxy International Ltd
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Dow Chemical Company
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Ernesto Ventós S.A.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Nimble Technologies Pvt Ltd
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Isoamyl Acetate Market: Key Industry Highlights, 2016 and 2026
2. Global Isoamyl Acetate Historical Market: Breakup by Application (USD Billion), 2018-2022
3. Global Isoamyl Acetate Market Forecast: Breakup by Application (USD Billion), 2023-2028
4. Global Isoamyl Acetate Historical Market: Breakup by End Use (USD Billion), 2018-2022
5. Global Isoamyl Acetate Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6. Global Isoamyl Acetate Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Isoamyl Acetate Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Isoamyl Acetate Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Isoamyl Acetate Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Isoamyl Acetate Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Isoamyl Acetate Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Isoamyl Acetate Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Isoamyl Acetate Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Isoamyl Acetate Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Isoamyl Acetate Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Isoamyl Acetate Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Isoamyl Acetate Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. North America Historical Price Trends and Forecast 2018-2028
19. Europe Historical Price Trends and Forecast 2018-2028
20. Asia Pacific Historical Price Trends and Forecast 2018-2028
21. Latin America Historical Price Trends and Forecast 2018-2028
22. Middle East and Africa Historical Price Trends and Forecast 2018-2028
23. Global Isoamyl Acetate Market Structure
The global isoamyl acetate market is projected to grow at a CAGR of 3.2% between 2023 and 2028.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising use as a flavouring agent, growing demand for synthetic flavours, robustly growing food and beverages industry, rising demand for solvents from end use industries, growing demand for processed food products, changing dietary patterns, and rising consumption of alcoholic and non-alcoholic beverages, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising consumption of packaged and ready-to-eat food products, growing technological advancements, increasing R&D activities, and rising launch of new products.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading application segments in the market are solvent and flavouring agent, among others.
The major end-use sectors in the industry are food and beverages, cosmetics and personal care, textiles, and pharmaceuticals, among others.
The major players in the industry are Chemoxy International Ltd, Dow Chemical Company, Ernesto Ventós S.A., and Nimble Technologies Pvt Ltd, among others.
The global isoamyl acetate market is being driven by the growing consumption of processed food products. Aided by the rising technological advancements, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 3.2%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By application, the market is segmented into solvent and flavouring agent, among others. On the basis of end use, the industry is divided into food and beverages, cosmetics and personal care, textiles, and pharmaceuticals, among others. The major regional markets for isoamyl acetate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Chemoxy International Ltd, Dow Chemical Company, Ernesto Ventós S.A., and Nimble Technologies Pvt Ltd, among others.
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 market insights that are accurate, actionable, and help them remain ahead of their competition.
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