Market Overview:
The global alkyl acetates market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for alkyl acetates in printing inks, paints, PVC films, pharmaceuticals and other applications. In terms of type, the ethyl acetate segment is expected to lead the market during the forecast period. In terms of application, printing inks segment is projected to grow at a higher CAGR than other applications during the forecast period. Geographically, North America dominates the global alkyl acetates market followed by Europe and Asia Pacific.
Product Definition:
Alkyl acetates are a class of organic compounds that consist of an alkyl group bonded to an acetate group. They are used as solvents, flavorings, and fragrances.
Ethyl Acetates:
Ethyl acetates are colorless liquid with strong odor. It is usually manufactured by reacting acetic acid ( vinegar) with ethylene. The reaction takes place in the presence of a catalyst at high temperature and pressure.
n-butyl Acetates:
n-butyl acetates is a colorless liquid with a mild pleasant odor. It is soluble in water and ethanol. n-butyl acetate can also be dissolved in diethyl ether, which acts as an intermediate product for the manufacturing of butyl acrylate and methyl methacrylate (MMA).
Application Insights:
The printing ink application segment led the global market in 2017. The segment is projected to witness significant growth over the forecast period owing to rising demand for high-resolution printing and growing use of alkyl acetates as a solvent in ink manufacturing. Moreover, increasing use of bio-based butyl and isobutyl alkyl acetates for manufacturing eco-friendly solvent-based printing inks will drive the product demand further.
Paint manufacturing was another prominent application that accounted for a share of 22% globally in terms of revenue on account of increasing utilization of alkyl acrylate paints across all major economies worldwide due to their superior performance characteristics coupled with ease of application. Furthermore, they offer excellent resistance against weathering which makes them an ideal choice for outdoor applications such as wall painting or architectural details where durability is required along with high color saturation and glossiness over time.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to cheap labor cost, availability of raw materials, and proximity to end-use markets. China emerged as the largest producer in Asia Pacific with a capacity utilization rate exceeding 90%.
The demand for alkyl acetates is mainly driven by application industries in various regions including North America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA). APAC led by China accounted for more than 45% of total consumption volume owing to high demand from several industries including printing ink manufacturing, paints & coatings manufacturing, PVC film/plasticizers industry. However; due to slowdown or halt in certain applications such as packaging material due to pandemic COVID-19 is expected negatively impact overall growth during 2018’s second quarter.
Growth Factors:
- Increasing demand from end-use industries such as paints & coatings, adhesives, and sealants
- Rising demand for alkyl acetates in emerging countries such as China and India
- Growing use of alkyl acetates in personal care products
- Increasing production capacity of major players in the market
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Alkyl Acetates Market Research Report
By Type
Ethyl Acetates, n-butyl Acetates, Other
By Application
Printing Inks, Paint Manufacturing, PVC Film, Pharmaceuticals, White Glue, Other
By Companies
Sasol, Prairie Catalytic, Ineos Oxide, Korea Alcohol Industrial, SEKAB, Shatabdi Chemicals, kanoriachem, Jubilant Life Sciences, Celanese, Ercros, Sasol
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Alkyl Acetates Market Report Segments:
The global Alkyl Acetates market is segmented on the basis of:
Types
Ethyl Acetates, n-butyl Acetates, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Printing Inks, Paint Manufacturing, PVC Film, Pharmaceuticals, White Glue, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sasol
- Prairie Catalytic
- Ineos Oxide
- Korea Alcohol Industrial
- SEKAB
- Shatabdi Chemicals
- kanoriachem
- Jubilant Life Sciences
- Celanese
- Ercros
- Sasol
Highlights of The Alkyl Acetates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ethyl Acetates
- n-butyl Acetates
- Other
- By Application:
- Printing Inks
- Paint Manufacturing
- PVC Film
- Pharmaceuticals
- White Glue
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alkyl Acetates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alkyl Acetates are a type of ester. They are made up of one carbon atom and one acetyl group (a molecule with the chemical formula C3H6O3). Alkyl Acetates can be found in many different types of products, including fragrances, skin care products, and hair care products.
Some of the major companies in the alkyl acetates market are Sasol, Prairie Catalytic, Ineos Oxide, Korea Alcohol Industrial, SEKAB, Shatabdi Chemicals, kanoriachem, Jubilant Life Sciences, Celanese, Ercros, Sasol.
The alkyl acetates market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alkyl Acetates Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Alkyl Acetates Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Alkyl Acetates Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Alkyl Acetates Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Alkyl Acetates Market Size & Forecast, 2018-2028 4.5.1 Alkyl Acetates Market Size and Y-o-Y Growth 4.5.2 Alkyl Acetates Market Absolute $ Opportunity
Chapter 5 Global Alkyl Acetates Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Alkyl Acetates Market Size Forecast by Type
5.2.1 Ethyl Acetates
5.2.2 n-butyl Acetates
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Alkyl Acetates Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Alkyl Acetates Market Size Forecast by Applications
6.2.1 Printing Inks
6.2.2 Paint Manufacturing
6.2.3 PVC Film
6.2.4 Pharmaceuticals
6.2.5 White Glue
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alkyl Acetates Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alkyl Acetates Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Alkyl Acetates Analysis and Forecast
9.1 Introduction
9.2 North America Alkyl Acetates Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Alkyl Acetates Market Size Forecast by Type
9.6.1 Ethyl Acetates
9.6.2 n-butyl Acetates
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Alkyl Acetates Market Size Forecast by Applications
9.10.1 Printing Inks
9.10.2 Paint Manufacturing
9.10.3 PVC Film
9.10.4 Pharmaceuticals
9.10.5 White Glue
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Alkyl Acetates Analysis and Forecast
10.1 Introduction
10.2 Europe Alkyl Acetates Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Alkyl Acetates Market Size Forecast by Type
10.6.1 Ethyl Acetates
10.6.2 n-butyl Acetates
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Alkyl Acetates Market Size Forecast by Applications
10.10.1 Printing Inks
10.10.2 Paint Manufacturing
10.10.3 PVC Film
10.10.4 Pharmaceuticals
10.10.5 White Glue
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Alkyl Acetates Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Alkyl Acetates Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Alkyl Acetates Market Size Forecast by Type
11.6.1 Ethyl Acetates
11.6.2 n-butyl Acetates
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Alkyl Acetates Market Size Forecast by Applications
11.10.1 Printing Inks
11.10.2 Paint Manufacturing
11.10.3 PVC Film
11.10.4 Pharmaceuticals
11.10.5 White Glue
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Alkyl Acetates Analysis and Forecast
12.1 Introduction
12.2 Latin America Alkyl Acetates Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Alkyl Acetates Market Size Forecast by Type
12.6.1 Ethyl Acetates
12.6.2 n-butyl Acetates
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Alkyl Acetates Market Size Forecast by Applications
12.10.1 Printing Inks
12.10.2 Paint Manufacturing
12.10.3 PVC Film
12.10.4 Pharmaceuticals
12.10.5 White Glue
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Alkyl Acetates Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Alkyl Acetates Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Alkyl Acetates Market Size Forecast by Type
13.6.1 Ethyl Acetates
13.6.2 n-butyl Acetates
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Alkyl Acetates Market Size Forecast by Applications
13.10.1 Printing Inks
13.10.2 Paint Manufacturing
13.10.3 PVC Film
13.10.4 Pharmaceuticals
13.10.5 White Glue
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alkyl Acetates Market: Competitive Dashboard
14.2 Global Alkyl Acetates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sasol
14.3.2 Prairie Catalytic
14.3.3 Ineos Oxide
14.3.4 Korea Alcohol Industrial
14.3.5 SEKAB
14.3.6 Shatabdi Chemicals
14.3.7 kanoriachem
14.3.8 Jubilant Life Sciences
14.3.9 Celanese
14.3.10 Ercros
14.3.11 Sasol