Market Overview:
The global methyl acetoacetate (MAA) 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 MAA in agrochemicals, pharmaceuticals, food industry, pigments and dyes, and other applications. In terms of purity, the market is segmented into ≥99% and ≥98% segments. The ≥99% purity segment is expected to grow at a higher CAGR than the ≥98% purity segment during the forecast period from 2018 to 2030.
Product Definition:
A colorless liquid with a fruity odor. It is used as a solvent and in the manufacture of other chemicals.
Purity ≥99%:
Purity 99% is a new term in the global market. It means that there are no other chemicals except for the one specified in the product name. In most of the cases, it's used for Methyl Acetate (MAA).
It has been proved to be more effective than any other technology available till now. The main reason being its high efficiency at very low concentrations like parts per million and below.
Purity ≥98%:
Methyl Acetoacetate (MAA) is a chemical intermediate used in the production of paint removers, adhesives, and other chemicals. Methyl acoacetate is also used as an intermediate for manufacturing acetone cyanohydrins which are further utilized in pharmaceuticals and cosmetics industries. The product finds application as a solvent, plasticizer, reagent alcohol feedstock for laboratories and cleaning agents among others.
Application Insights:
Methyl acetoacetate is used in several applications including agrochemicals, pharmaceuticals, food industry, pigments and dyes and others. In terms of revenue, the food industry application segment accounted for a share of 33.3% in 2017 owing to the wide usage as an esterification catalyst in producing methyl propionate from propionic acid. Methyl acetoacetate also finds application as a solvent for paints & coatings and lacquers due to its low boiling point along with other chemicals such as formaldehyde which are used across various industries globally.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to witness a significant growth rate of 5.8% over the forecast period. The region has been witnessing rapid expansion of end-use industries such as agrochemicals, pharmaceuticals, food processing, and others that are driving demand for methyl acetoacetate (MAA) from major countries such as China, India, Japan and South Korea.
The presence of key manufacturers coupled with increasing capacity utilization rates at various production facilities are some factors attributing toward high product demand in Asia Pacific region. In addition to this growing production capacities across several regions including China & India; Indonesia & Malaysia; Thailand & Philippines; Vietnam & Cambodia etc.; is further expected to drive product consumption over the next eight years.
Growth Factors:
- Increasing demand for MAA in the pharmaceutical and agrochemical industries as a precursor to various drugs and pesticides.
- Growing popularity of MAA as a green solvent owing to its environmental friendly nature.
- Rising demand for MAA in the flavor and fragrance industry as an additive or flavoring agent in food products, cosmetics, etc.
- Increasing application of MAA in polymer synthesis process for manufacturing various plastics and polymers products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Methyl Acetoacetate (MAA) Market Research Report
By Type
Purity ≥99%, Purity ≥98%
By Application
Agrochemicals, Pharmaceuticals, Food Industry, Pigments and Dyes, Others
By Companies
Nantong Acetic Acid, Ningbo Wanglong, Qingdao Haiwan, Lonza, Eastman Chemical, Laxmi Organic Industries, Daicel, Anhui Jinhe Industrial, Guangxi Jinyuan Biochemical, Shandong Yabang Chemical
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Methyl Acetoacetate (MAA) Market Report Segments:
The global Methyl Acetoacetate (MAA) market is segmented on the basis of:
Types
Purity ≥99%, Purity ≥98%
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
Agrochemicals, Pharmaceuticals, Food Industry, Pigments and Dyes, 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:
- Nantong Acetic Acid
- Ningbo Wanglong
- Qingdao Haiwan
- Lonza
- Eastman Chemical
- Laxmi Organic Industries
- Daicel
- Anhui Jinhe Industrial
- Guangxi Jinyuan Biochemical
- Shandong Yabang Chemical
Highlights of The Methyl Acetoacetate (MAA) 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:
- Purity ≥99%
- Purity ≥98%
- By Application:
- Agrochemicals
- Pharmaceuticals
- Food Industry
- Pigments and Dyes
- 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 Methyl Acetoacetate (MAA) 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?
Methyl acetoacetate is a ketone body produced during the breakdown of fatty acids. It is used in research as a biomarker for measuring ketosis.
Some of the major players in the methyl acetoacetate (maa) market are Nantong Acetic Acid, Ningbo Wanglong, Qingdao Haiwan, Lonza, Eastman Chemical, Laxmi Organic Industries, Daicel, Anhui Jinhe Industrial, Guangxi Jinyuan Biochemical, Shandong Yabang Chemical.
The methyl acetoacetate (maa) 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 Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) Market Size & Forecast, 2018-2028 4.5.1 Methyl Acetoacetate (MAA) Market Size and Y-o-Y Growth 4.5.2 Methyl Acetoacetate (MAA) Market Absolute $ Opportunity
Chapter 5 Global Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) Market Size Forecast by Type
5.2.1 Purity ≥99%
5.2.2 Purity ≥98%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) Market Size Forecast by Applications
6.2.1 Agrochemicals
6.2.2 Pharmaceuticals
6.2.3 Food Industry
6.2.4 Pigments and Dyes
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) Analysis and Forecast
9.1 Introduction
9.2 North America Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) Market Size Forecast by Type
9.6.1 Purity ≥99%
9.6.2 Purity ≥98%
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 Methyl Acetoacetate (MAA) Market Size Forecast by Applications
9.10.1 Agrochemicals
9.10.2 Pharmaceuticals
9.10.3 Food Industry
9.10.4 Pigments and Dyes
9.10.5 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 Methyl Acetoacetate (MAA) Analysis and Forecast
10.1 Introduction
10.2 Europe Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) Market Size Forecast by Type
10.6.1 Purity ≥99%
10.6.2 Purity ≥98%
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 Methyl Acetoacetate (MAA) Market Size Forecast by Applications
10.10.1 Agrochemicals
10.10.2 Pharmaceuticals
10.10.3 Food Industry
10.10.4 Pigments and Dyes
10.10.5 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 Methyl Acetoacetate (MAA) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) Market Size Forecast by Type
11.6.1 Purity ≥99%
11.6.2 Purity ≥98%
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 Methyl Acetoacetate (MAA) Market Size Forecast by Applications
11.10.1 Agrochemicals
11.10.2 Pharmaceuticals
11.10.3 Food Industry
11.10.4 Pigments and Dyes
11.10.5 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 Methyl Acetoacetate (MAA) Analysis and Forecast
12.1 Introduction
12.2 Latin America Methyl Acetoacetate (MAA) 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 Methyl Acetoacetate (MAA) Market Size Forecast by Type
12.6.1 Purity ≥99%
12.6.2 Purity ≥98%
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 Methyl Acetoacetate (MAA) Market Size Forecast by Applications
12.10.1 Agrochemicals
12.10.2 Pharmaceuticals
12.10.3 Food Industry
12.10.4 Pigments and Dyes
12.10.5 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) Methyl Acetoacetate (MAA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Methyl Acetoacetate (MAA) 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) Methyl Acetoacetate (MAA) Market Size Forecast by Type
13.6.1 Purity ≥99%
13.6.2 Purity ≥98%
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) Methyl Acetoacetate (MAA) Market Size Forecast by Applications
13.10.1 Agrochemicals
13.10.2 Pharmaceuticals
13.10.3 Food Industry
13.10.4 Pigments and Dyes
13.10.5 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 Methyl Acetoacetate (MAA) Market: Competitive Dashboard
14.2 Global Methyl Acetoacetate (MAA) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nantong Acetic Acid
14.3.2 Ningbo Wanglong
14.3.3 Qingdao Haiwan
14.3.4 Lonza
14.3.5 Eastman Chemical
14.3.6 Laxmi Organic Industries
14.3.7 Daicel
14.3.8 Anhui Jinhe Industrial
14.3.9 Guangxi Jinyuan Biochemical
14.3.10 Shandong Yabang Chemical