Market Overview:
The global butyl ethanoate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for butyl ethanoate in various applications, such as oil industry, paints & coatings industry, plastics industry, food industry, cosmetic & perfume industry and pharmaceuticals industries. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to rising demand from countries such as China and India.
Product Definition:
Butyl ethanoate is a colorless liquid with a fruity odor. It is used as an artificial flavor and as a solvent.
Industrial Grade:
Industrial grade is a type of plastic that has been processed to make it suitable for industrial applications. It can be used in injection molding, extrusion, and blow molding among other processes. The growth factor in the butyl ethanoate market is expected to drive the demand for industrial grade due to its increasing use in various industries such as automotive & transportation and consumer goods among others.
Food Grade:
Food grade is a term used for products that are intended for human consumption. It includes edible oils, butter, salad dressings as well as other food additives. The major application of food-grade is in the processing of vegetables and fruits to extract their juices which can be further used in various bakery products and confectioneries.
Application Insights:
The global butyl ethanoate market is segmented on the basis of application into oil industry, paints and coatings industry, plastics industry, food industry, cosmetic and perfumery industries, pharmaceuticals industries and others. The oil & gas sector dominated the global market in terms of revenue share in 2017. This was due to high demand for butyl ethanoate from this sector coupled with low availability of substitute chemicals globally.
The paints and coatings segment is expected to witness a CAGR exceeding 6% during the forecast period owing to increasing construction activities across developing countries such as India and China which are majorly using P&C as a solvent along with other solvents such as MEK or TCE depending upon their boiling points.
Regional Analysis:
Asia Pacific was the largest market for global butyl ethanoate market and accounted for a volume share of over 45% in 2017. The region is expected to continue its dominance over the forecast period as well, with China being one of the major countries contributing to this growth. However, due to various regulations and bans by various governments such as REACH act in Europe and PBT ban in India, there has been a decline in production activities within these regions.
The Asia Pacific is anticipated to witness significant growth from 2018 to 2030 on account of increasing demand from end-use industries such as paints & coatings industry, pharmaceuticals industry etc., which are based primarily out of China and India. Furthermore, rising construction spending along with growing automotive manufacturing sector will also drive product demand further over the coming years.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and printing inks.
- Rising production of automobiles due to the growth of the automotive industry worldwide.
- Growing demand for Butyl Ethanoate from emerging markets such as China and India.
- Increasing use of Butyl Ethanoate in personal care products owing to its properties such as odorless, colorless, non-toxic, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Butyl Ethanoate Market Research Report
By Type
Industrial Grade, Food Grade, Pharmaceutical Grade
By Application
Oil Industry, Paints & Coatings Industry, Plastics Industry, Food Industry, Cosmetic & Perfume Industry, Pharmaceutical Industry, Others
By Companies
OXEA, BASF, Ineos Oxide, DowDuPont, Eastman, KH Neochem, Celanese Corporation, Carbohim, Korea Alcohol Industrial, Maroon Group CARE, Nandadeep Chemicals, JNC Corporation, BCC, Yip’s Chemical, Yankuang Group, Goldym, Shiny Chemical, Lianhai, Junhe Chemical, RUIBAIGROUP
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Butyl Ethanoate Market Report Segments:
The global Butyl Ethanoate market is segmented on the basis of:
Types
Industrial Grade, Food Grade, Pharmaceutical Grade
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
Oil Industry, Paints & Coatings Industry, Plastics Industry, Food Industry, Cosmetic & Perfume Industry, Pharmaceutical Industry, Others
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:
- OXEA
- BASF
- Ineos Oxide
- DowDuPont
- Eastman
- KH Neochem
- Celanese Corporation
- Carbohim
- Korea Alcohol Industrial
- Maroon Group CARE
- Nandadeep Chemicals
- JNC Corporation
- BCC
- Yip’s Chemical
- Yankuang Group
- Goldym
- Shiny Chemical
- Lianhai
- Junhe Chemical
- RUIBAIGROUP
Highlights of The Butyl Ethanoate 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:
- Industrial Grade
- Food Grade
- Pharmaceutical Grade
- By Application:
- Oil Industry
- Paints & Coatings Industry
- Plastics Industry
- Food Industry
- Cosmetic & Perfume Industry
- Pharmaceutical Industry
- Others
- 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 Butyl Ethanoate 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?
Butyl ethanoate is a chemical compound with the formula C4H10O2. It is a colorless liquid that has a characteristic butyric smell. Butyl ethanoate is used in manufacturing various types of plastics and rubber products.
Some of the major companies in the butyl ethanoate market are OXEA, BASF, Ineos Oxide, DowDuPont, Eastman, KH Neochem, Celanese Corporation, Carbohim, Korea Alcohol Industrial, Maroon Group CARE, Nandadeep Chemicals, JNC Corporation, BCC, Yip’s Chemical, Yankuang Group, Goldym, Shiny Chemical, Lianhai, Junhe Chemical, RUIBAIGROUP.
The butyl ethanoate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Butyl Ethanoate 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 Butyl Ethanoate Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Butyl Ethanoate 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 Butyl Ethanoate 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 Butyl Ethanoate Market Size & Forecast, 2018-2028 4.5.1 Butyl Ethanoate Market Size and Y-o-Y Growth 4.5.2 Butyl Ethanoate Market Absolute $ Opportunity
Chapter 5 Global Butyl Ethanoate 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 Butyl Ethanoate Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Food Grade
5.2.3 Pharmaceutical Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Butyl Ethanoate 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 Butyl Ethanoate Market Size Forecast by Applications
6.2.1 Oil Industry
6.2.2 Paints & Coatings Industry
6.2.3 Plastics Industry
6.2.4 Food Industry
6.2.5 Cosmetic & Perfume Industry
6.2.6 Pharmaceutical Industry
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Butyl Ethanoate 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 Butyl Ethanoate 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 Butyl Ethanoate Analysis and Forecast
9.1 Introduction
9.2 North America Butyl Ethanoate 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 Butyl Ethanoate Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Food Grade
9.6.3 Pharmaceutical Grade
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 Butyl Ethanoate Market Size Forecast by Applications
9.10.1 Oil Industry
9.10.2 Paints & Coatings Industry
9.10.3 Plastics Industry
9.10.4 Food Industry
9.10.5 Cosmetic & Perfume Industry
9.10.6 Pharmaceutical Industry
9.10.7 Others
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 Butyl Ethanoate Analysis and Forecast
10.1 Introduction
10.2 Europe Butyl Ethanoate 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 Butyl Ethanoate Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Food Grade
10.6.3 Pharmaceutical Grade
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 Butyl Ethanoate Market Size Forecast by Applications
10.10.1 Oil Industry
10.10.2 Paints & Coatings Industry
10.10.3 Plastics Industry
10.10.4 Food Industry
10.10.5 Cosmetic & Perfume Industry
10.10.6 Pharmaceutical Industry
10.10.7 Others
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 Butyl Ethanoate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Butyl Ethanoate 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 Butyl Ethanoate Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Food Grade
11.6.3 Pharmaceutical Grade
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 Butyl Ethanoate Market Size Forecast by Applications
11.10.1 Oil Industry
11.10.2 Paints & Coatings Industry
11.10.3 Plastics Industry
11.10.4 Food Industry
11.10.5 Cosmetic & Perfume Industry
11.10.6 Pharmaceutical Industry
11.10.7 Others
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 Butyl Ethanoate Analysis and Forecast
12.1 Introduction
12.2 Latin America Butyl Ethanoate 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 Butyl Ethanoate Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Food Grade
12.6.3 Pharmaceutical Grade
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 Butyl Ethanoate Market Size Forecast by Applications
12.10.1 Oil Industry
12.10.2 Paints & Coatings Industry
12.10.3 Plastics Industry
12.10.4 Food Industry
12.10.5 Cosmetic & Perfume Industry
12.10.6 Pharmaceutical Industry
12.10.7 Others
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) Butyl Ethanoate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Butyl Ethanoate 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) Butyl Ethanoate Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Food Grade
13.6.3 Pharmaceutical Grade
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) Butyl Ethanoate Market Size Forecast by Applications
13.10.1 Oil Industry
13.10.2 Paints & Coatings Industry
13.10.3 Plastics Industry
13.10.4 Food Industry
13.10.5 Cosmetic & Perfume Industry
13.10.6 Pharmaceutical Industry
13.10.7 Others
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 Butyl Ethanoate Market: Competitive Dashboard
14.2 Global Butyl Ethanoate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OXEA
14.3.2 BASF
14.3.3 Ineos Oxide
14.3.4 DowDuPont
14.3.5 Eastman
14.3.6 KH Neochem
14.3.7 Celanese Corporation
14.3.8 Carbohim
14.3.9 Korea Alcohol Industrial
14.3.10 Maroon Group CARE
14.3.11 Nandadeep Chemicals
14.3.12 JNC Corporation
14.3.13 BCC
14.3.14 Yip’s Chemical
14.3.15 Yankuang Group
14.3.16 Goldym
14.3.17 Shiny Chemical
14.3.18 Lianhai
14.3.19 Junhe Chemical
14.3.20 RUIBAIGROUP