Reports

Methyl Acetate Market

Global Methyl Acetate Market: By End Use: Paints and Coatings, Inks, Personal Care, Adhesives, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Price Analysis; Competitive Landscape; Industry Events and Developments

Global Methyl Acetate Market Outlook

The global methyl acetate market was estimated to be 1,904.32 KMT in volume in 2022. It is expected to grow at a CAGR of 3.9% between 2023 and 2028 to reach a volume of 2,333.37 KMT in 2028.

 

Global Methyl Acetate Market

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Market Segmentation

Methyl acetate, a colourless, flammable liquid, is an organic compound, which is most widely used in low toxic solvent products like paints, adhesives, and nail varnish remover. It is also used as a solvent for many resins and oils.

The global methyl acetate market can be divided based on segments like end-uses and regions.

 

Global Methyl Acetate Market

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The market can be broadly categorised based on its end-use as:

  • Paints and Coatings 
  • Inks 
  • Personal Care 
  • Adhesives
  • Others

The EMR report looks into the regional methyl acetate markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

 

Market Analysis

Flexographic ink, which is primarily used for printing applications in the packaging industry, is driving the growth of the global methyl acetate market. Thus, the development of the packaging industry will boost the demand for flexographic inks and in turn, boost the development of the market for methyl acetate. In nations such as India, China, Germany, and the US, the packaging industry is growing quickly due to the increasing popularity of internet trade and e-commerce and increasing demand for shipment of doorstep commodities. An important factor which will drive the development of the methyl acetate market over the forecast period is the growing manufacturing of foam blowing agents.

 

Global Methyl Acetate Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global methyl acetate market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Celanese Corporation
  • China Petrochemical Corporation (SINOPEC)
  • Eastman Chemical Company
  • Wacker Chemie AG
  • Anhui Wanwei Group Co., Ltd.
  • Others

The EMR report gives an in-depth insight into the methyl acetate market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report:

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- End Use, Region
Breakup by End Use Paints and Coatings, Inks, Personal Care, Adhesives, 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 Celanese Corporation, China Petrochemical Corporation (SINOPEC), Eastman Chemical Company, Wacker Chemie AG, Anhui Wanwei Group Co., 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    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Methyl Acetate Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Methyl Acetate Historical Market (2018-2022) 
    8.3    Global Methyl Acetate Market Forecast (2023-2028)
    8.4    Global Methyl Acetate Market End Use
        8.4.1    Paints and Coatings
            8.4.1.1    Historical Trend (2018-2022)
            8.4.1.2    Forecast Trend (2023-2028)
        8.4.2    Inks
            8.4.2.1    Historical Trend (2018-2022)
            8.4.2.2    Forecast Trend (2023-2028)
        8.4.3    Personal Care 
            8.4.3.1    Historical Trend (2018-2022)
            8.4.3.2    Forecast Trend (2023-2028)
        8.4.4    Adhesives
            8.4.4.1    Historical Trend (2018-2022)
            8.4.4.2    Forecast Trend (2023-2028)
        8.4.5    Others   
    8.5    Global Methyl Acetate Market by Region
        8.5.1    North America
            8.5.1.1    Historical Trend (2018-2022) 
            8.5.1.2    Forecast Trend (2023-2028)
        8.5.2    Europe
            8.5.2.1    Historical Trend (2018-2022) 
            8.5.2.2    Forecast Trend (2023-2028)
        8.5.3    Asia Pacific
            8.5.3.1    Historical Trend (2018-2022) 
            8.5.3.2    Forecast Trend (2023-2028)
        8.5.4    Latin America
            8.5.4.1    Historical Trend (2018-2022) 
            8.5.4.2    Forecast Trend (2023-2028)
        8.5.5    Middle East and Africa
            8.5.5.1    Historical Trend (2018-2022) 
            8.5.5.2    Forecast Trend (2023-2028)
9    North America Methyl 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 Methyl  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 Methyl 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 Methyl 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 Methyl 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    Celanese Corporation
            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    China Petrochemical Corporation (SINOPEC)
            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    Eastman Chemical Company
            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    Wacker Chemie AG
            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    Anhui Wanwei Group Co., Ltd.
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.3.6    Others
18    Key Trends and  Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment


List of Key Figures and Tables

1.    Global Methyl Acetate Market: Key Industry Highlights, 2018 and 2028
2.    Global Methyl Acetate Historical Market: Breakup by End Use (USD Million), 2018-2022
3.    Global Methyl Acetate Market Forecast: Breakup by End Use (USD Million), 2023-2028
4.    Global Methyl Acetate Historical Market: Breakup by Region (USD Million), 2018-2022
5.    Global Methyl Acetate Market Forecast: Breakup by Region (USD Million), 2023-2028
6.    North America Methyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
7.    North America Methyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
8.    Europe Methyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
9.    Europe Methyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Asia Pacific Methyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Asia Pacific Methyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Latin America Methyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Latin America Methyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Middle East and Africa Methyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Middle East and Africa Methyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    North America Historical Price Trends and Forecast 2018-2028
17.    Europe Historical Price Trends and Forecast 2018-2028
18.    Asia Pacific Historical Price Trends and Forecast 2018-2028
19.    Latin America Historical Price Trends and Forecast 2018-2028
20.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
21.    Global Methyl Acetate Market Structure

Key Questions Answered in the Report

What is the growth rate of the market?

The market is projected to grow at a CAGR of 3.9% between 2023 and 2028.

What are the major drivers of the market?

The major market drivers include the increasing use of methyl acetate in flexographic printing inks as photoresistor strippers, the rising demand for printing applications, and the expanding packaging sector.

What are the key trends of the global methyl acetate market?

The key trend guiding the growth of the market includes the increasing manufacturing of foam blowing agents and the robust growth of the e-commerce sector

What are the major regional markets of methyl acetate, according to the EMR report?

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major end uses of methyl acetate?

The major end uses of methyl acetate include paints and coatings, inks, and personal care industry, among others.

Who are the key market players, according to the report?

The major players in the market are Celanese Corp. (NYSE: CE), China Petrochemical Corp., Eastman Chemical Co. (NYSE: EMN), and Wacker Chemie AG (ETR: WCH), among others.

Analyst Review

The global methyl acetate market was estimated to be 1,904.32 KMT in volume in 2022. The global methyl acetate market is being driven by Its increasing use in flexographic inks and the growing packaging industry. Aided by the growing production of foam blowing agents, the market is expected to witness a further growth at a CAGR of 3.9% between 2023 and 2028 to reach a volume of 2,333.37 KMT in 2028.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its end use, the methyl acetate market can be segmented into paints and coatings, inks, personal care, and adhesives, among others. The major regional markets for methyl acetate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Celanese Corporation, China Petrochemical Corporation (SINOPEC), Eastman Chemical Company, Wacker Chemie AG, Anhui Wanwei Group Co., 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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