Market Overview:
The global ethyl acetate 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 ethyl acetate from the chemical industry, pharmaceuticals, biotechnology, and food industry. In terms of type, coarse ethyl acetate is projected to lead the market during the forecast period owing to its low cost and high purity. By application, chemical industry is estimated to account for a major share of the global ethyl acetate market in 2018.
 Industry Outlook.svg)
Product Definition:
Ethyl acetate is a colorless, flammable liquid with a fruity odor. It is used as a solvent in paints, lacquers, and varnishes.
Coarse Ethyl Acetate(EA):
Coarse ethyl acetate also known as liquid acetic acid or LAA is a colorless and highly pungent liquid. It has a strong odor similar to vinegar. Coarse ethyl acetate is used in the production of several chemicals such as solvents, adhesives, paints & coatings removers and detergents among others.
Pure Ethyl Acetate(EA):
Pure ethyl acetate is a colorless liquid with a strong odor. It is used as an intermediate in manufacturing chemicals and pharmaceuticals. The most common application of pure ethyl acetate is to produce etch-and-rinse cleaning compounds, which are widely used for removing paint from metal parts during the production of automotive components and other industrial applications.
Application Insights:
The chemical industry emerged as the largest application segment and accounted for over 45% of the global ethyl acetate market in 2016. The growing demand for plasticizers, solvents, and detergents is expected to drive growth over the forecast period. In addition, it is used as a raw material in manufacturing various products such as adhesives, sealants & coatings and emulsifiers which are further utilized across several industries such as construction materials (paints & coatings), automotive/transportation equipment (glazes & lacquers), consumer goods (household cleaners), food processing equipment (emulsifiers) among others.
Pharmaceuticals were another key application segment accounting for around 30% of total volume consumed in 2016. It has wide applications across drug formulation including tablets, capsules, syrups & elixirs among others where it functions both as an excipient i.e.
Regional Analysis:
Asia Pacific dominated the global ethyl acetate market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global chemical production, which has resulted in high demand for ethyl acetate from various end-use industries such as paints & coatings, pharmaceuticals, and biotechnology. China is one of the largest producers of chemicals globally owing to low manufacturing costs coupled with easy availability of land. In addition, increasing foreign investments are anticipated to boost regional product demand over the forecast period.
The Asia Pacific was followed by Europe in terms of consumption volume owing to growing pharmaceutical industry coupled with stringent regulations regarding VOC emissions from paint manufacturing facilities that are imposed by EPA (Environment Protection Agency) within European countries.
Growth Factors:
- Increasing demand from end-use industries such as paints & coatings, adhesives, and printing inks.
- Rising demand for EA in solvents for chemical synthesis and as a flavor agent in food and beverages industry.
- Growth of the electronics industry is expected to boost the demand for EA as a solvent in various applications such as cleaning electronic parts, degreasing circuit boards, and removing flux residues during PCB assembly process.
- Rapid growth of the medical device industry is anticipated to increase the use of EA in sterilization processes owing to its excellent biocidal properties .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ethyl Acetate(EA) Market Research Report
By Type
Coarse Ethyl Acetate(EA), Pure Ethyl Acetate(EA)
By Application
Chemical Industry, Pharmaceuticals, Biotechnology, Food Industry
By Companies
INEOS, Celanese, Showa Denko(SDK, Jubilant, Laxmi, Rhodia(Solvay), Somaiya, Korea Alcohol, Sipchem, DAICEL, INEOS, Ercros, Eastman, Dhampur, Sasol, GNFC, LCY, KH Neochem, Sopo, Jinyimeng, Lianhai, Huayi, Xintiande
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Ethyl Acetate(EA) Market Report Segments:
The global Ethyl Acetate(EA) market is segmented on the basis of:
Types
Coarse Ethyl Acetate(EA), Pure Ethyl Acetate(EA)
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
Chemical Industry, Pharmaceuticals, Biotechnology, Food Industry
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:
- INEOS
- Celanese
- Showa Denko(SDK
- Jubilant
- Laxmi
- Rhodia(Solvay)
- Somaiya
- Korea Alcohol
- Sipchem
- DAICEL
- INEOS
- Ercros
- Eastman
- Dhampur
- Sasol
- GNFC
- LCY
- KH Neochem
- Sopo
- Jinyimeng
- Lianhai
- Huayi
- Xintiande
 Market Overview.svg)
Highlights of The Ethyl Acetate(EA) 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:
- Coarse Ethyl Acetate(EA)
- Pure Ethyl Acetate(EA)
- By Application:
- Chemical Industry
- Pharmaceuticals
- Biotechnology
- Food Industry
- 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 Ethyl Acetate(EA) 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
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?
Ethyl acetate is a chemical compound with the formula C2H4O2. It is a colorless liquid that has a sweet, fruity odor. Ethyl acetate is used in manufacturing fragrances and other chemicals.
Some of the major players in the ethyl acetate(ea) market are INEOS, Celanese, Showa Denko(SDK, Jubilant, Laxmi, Rhodia(Solvay), Somaiya, Korea Alcohol, Sipchem, DAICEL, INEOS, Ercros, Eastman, Dhampur, Sasol, GNFC, LCY, KH Neochem, Sopo, Jinyimeng, Lianhai, Huayi, Xintiande.
The ethyl acetate(ea) 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 Ethyl Acetate(EA) 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 Ethyl Acetate(EA) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ethyl Acetate(EA) 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 Ethyl Acetate(EA) 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 Ethyl Acetate(EA) Market Size & Forecast, 2020-2028
4.5.1 Ethyl Acetate(EA) Market Size and Y-o-Y Growth
4.5.2 Ethyl Acetate(EA) Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Coarse Ethyl Acetate(EA)
5.2.2 Pure Ethyl Acetate(EA)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Chemical Industry
6.2.2 Pharmaceuticals
6.2.3 Biotechnology
6.2.4 Food Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ethyl Acetate(EA) 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 Ethyl Acetate(EA) 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Coarse Ethyl Acetate(EA)
9.6.2 Pure Ethyl Acetate(EA)
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 Market Size Forecast by Applications
9.10.1 Chemical Industry
9.10.2 Pharmaceuticals
9.10.3 Biotechnology
9.10.4 Food Industry
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Coarse Ethyl Acetate(EA)
10.6.2 Pure Ethyl Acetate(EA)
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 Market Size Forecast by Applications
10.10.1 Chemical Industry
10.10.2 Pharmaceuticals
10.10.3 Biotechnology
10.10.4 Food Industry
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Coarse Ethyl Acetate(EA)
11.6.2 Pure Ethyl Acetate(EA)
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 Market Size Forecast by Applications
11.10.1 Chemical Industry
11.10.2 Pharmaceuticals
11.10.3 Biotechnology
11.10.4 Food Industry
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Coarse Ethyl Acetate(EA)
12.6.2 Pure Ethyl Acetate(EA)
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 Market Size Forecast by Applications
12.10.1 Chemical Industry
12.10.2 Pharmaceuticals
12.10.3 Biotechnology
12.10.4 Food Industry
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Coarse Ethyl Acetate(EA)
13.6.2 Pure Ethyl Acetate(EA)
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) Market Size Forecast by Applications
13.10.1 Chemical Industry
13.10.2 Pharmaceuticals
13.10.3 Biotechnology
13.10.4 Food Industry
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 Ethyl Acetate(EA) Market: Competitive Dashboard
14.2 Global Ethyl Acetate(EA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 INEOS
14.3.2 Celanese
14.3.3 Showa Denko(SDK
14.3.4 Jubilant
14.3.5 Laxmi
14.3.6 Rhodia(Solvay)
14.3.7 Somaiya
14.3.8 Korea Alcohol
14.3.9 Sipchem
14.3.10 DAICEL
14.3.11 INEOS
14.3.12 Ercros
14.3.13 Eastman
14.3.14 Dhampur
14.3.15 Sasol
14.3.16 GNFC
14.3.17 LCY
14.3.18 KH Neochem
14.3.19 Sopo
14.3.20 Jinyimeng
14.3.21 Lianhai
14.3.22 Huayi
14.3.23 Xintiande
