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Global Methyl Acetate Market: By End Use: Paints and Coatings, Inks, Personal Care Industry, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Price Analysis; Competitive Landscape; Industry Events and Developments

Global Methyl Acetate Market Outlook

The global methyl acetate market is expected to grow at a CAGR of around 10% over the forecast period of 2021-2026. Methyl acetate is used in flexographic printing inks as photoresistor strippers, which is driving the demand for the product, and thus, aiding the industry growth. Its use in flexographic inks has increased as it enables the ink to dry quickly during the printing process.

 

Methyl Acetate Market

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Properties and Applications

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.

 

Methyl Acetate Market by End Use

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

  • Paints and Coatings 
  • Inks 
  • Personal Care Industry
  • 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.

 

Methyl Acetate Market by Region

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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.

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 Corp. (NYSE: CE)
  • China Petrochemical Corp.
  • Eastman Chemical Co.
  • Wacker Chemie AG
  • 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.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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    Industry Opportunities and Challenges
8    Global Methyl Acetate Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Methyl Acetate Historical Market (2016-2020) 
    8.3    Global Methyl Acetate Market Forecast (2021-2026)
    8.4    Global Methyl Acetate Market End Use
        8.4.1    Paints and Coatings
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Inks
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Personal Care Industry
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Others
    8.5    Global Methyl Acetate Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Celanese Corp. (NYSE: CE)
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    China Petrochemical Corp. 
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Eastman Chemical Co. (NYSE: EMN)
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Wacker Chemie AG (ETR: WCH)
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Others
14    Industry Events and Developments


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 Figures and Tables

1.    Global Methyl Acetate Market: Key Industry Highlights, 2016 and 2026
2.    Global Methyl Acetate Historical Market: Breakup by End Use (USD Million), 2016-2020
3.    Global Methyl Acetate Market Forecast: Breakup by End Use (USD Million), 2021-2026
4.    Global Methyl Acetate Historical Market: Breakup by Region (USD Million), 2016-2020
5.    Global Methyl Acetate Market Forecast: Breakup by Region (USD Million), 2021-2026
6.    North America Methyl Acetate Historical Market: Breakup by Country (USD Million), 2016-2020
7.    North America Methyl Acetate Market Forecast: Breakup by Country (USD Million), 2021-2026
8.    Europe Methyl Acetate Historical Market: Breakup by Country (USD Million), 2016-2020
9.    Europe Methyl Acetate Market Forecast: Breakup by Country (USD Million), 2021-2026
10.    Asia Pacific Methyl Acetate Historical Market: Breakup by Country (USD Million), 2016-2020
11.    Asia Pacific Methyl Acetate Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Latin America Methyl Acetate Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Latin America Methyl Acetate Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Middle East and Africa Methyl Acetate Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Middle East and Africa Methyl Acetate Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    North America Historical Price Trends and Forecast 2016-2026
17.    Europe Historical Price Trends and Forecast 2016-2026
18.    Asia Pacific Historical Price Trends and Forecast 2016-2026
19.    Latin America Historical Price Trends and Forecast 2016-2026
20.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
21.    Global Methyl Acetate Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 10% between 2021 and 2026.

The major drivers of the industry, such as the increasing use in flexographic printing inks as photoresistor strippers, increasing demand for printing applications, and expanding packaging industry, are expected to aid the market growth.

The key market trend guiding the growth of the industry includes the increasing manufacturing of foam blowing agents.

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

The major end use sectors of methyl acetate are paints and coatings, inks, and personal care industry, among others.

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

Analyst Review

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 in the forecast period of 2021-2026, growing at a CAGR of 10%.

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 industry can be segmented into paints and coatings, inks, and personal care industry, 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 Corp. (NYSE: CE), China Petrochemical Corp., Eastman Chemical Co., and Wacker Chemie AG, 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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