Market Overview:
The global paint used ethyl 3-ethoxypropionate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automobiles and steamships across the globe. In addition, the growing demand for coatings and paints in various end-use industries is also contributing to the growth of this market.
Product Definition:
Paint used ethyl 3-ethoxypropionate (EEP) is a colorless liquid that is used as a solvent in paints and coatings. It has good solvency properties for both organic and inorganic pigments, and it also helps to improve the flow and leveling of paints. EEP is also effective at wetting metal surfaces, which can help to improve the adhesion of paint films to these substrates.
Above 99.5%:
Paint used ethyl 3-ethoxypropionate, also known as pyropropionate or PP Ester, is a synthetic organic compound. It is a white crystalline solid and has an odor similar to that of butyric acid. Its chemical formula is (C8H18)2OPP which can be represented as: C8H18O2ppropb.
99.0%-99.5%:
99.0%-99.5% is a transparent liquid used as an additive in paint formulations and also finds application as a wetting agent, dispersant, and emulsifier among other uses. It is manufactured by the ethyl 3-ethoxypropionate process which involves reacting raw materials such as ethanol with propionic acid using catalytic hydrogenation to form ethyl 3-ethoxypropionate (Et3OP).
Application Insights:
Automobile was the major application segment in 2017 and is projected to witness significant growth over the forecast period. The global paint used ethyl 3-ethoxypropionate market by automobile was valued at USD 5.5 million in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing demand for automobiles across various regions, including Asia Pacific, North America and Europe.
The use of ethyl 3-ethoxypropionate as an intermediate chemical in the production of pharmaceutical intermediates & other industrial products such as adhesives & sealants is anticipated to drive its consumption globally over the coming years. However, high cost associated with its transportation makes it less competitive than other chemicals used globally for these applications which could restrict market growth over the forecast period horizon.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand from emerging economies, such as China, India, Thailand and Indonesia. Increasing industrialization coupled with rising automotive production in these countries will drive product demand further.
North America emerged as the second-largest consumer due to stringent regulations by U.S EPA regarding VOC emissions from paints & coatings products that has compelled manufacturers operating within this industry adopt ethyl 3-ethoxypropionate (EEPP) based paints & coatings for application across various end-use industries including transportation and marine vessels among others which are anticipated to augment market growth over the coming years.
Europe accounted for more than 25% of global volume share in 2017 owing to high maritime traffic along with growing tourism activities across countries like Spain, Italy.
Growth Factors:
- Increasing demand from the automotive and construction industries as a coating material
- Rising demand for water-based coatings over solvent-based coatings, due to environmental concerns
- Growing popularity of low VOC (Volatile Organic Compound) paints in developed countries
- Technological advancements that have led to the development of new and improved paint products
- The increasing trend of DIY (Do It Yourself) home improvement projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Paint Used Ethyl 3-ethoxypropionate Market Research Report
By Type
Above 99.5%, 99.0%-99.5%, Others
By Application
Automobile, Steamship, Others
By Companies
Dow, Eastman, Nadi New Material, Zhidian New Chemical Materials, Realsunchem, Aoke Chemical, Nanjing TOP Chemical, Taiwan Maxwave, Yueyang Dongrun, Tricochemical
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Paint Used Ethyl 3-ethoxypropionate Market Report Segments:
The global Paint Used Ethyl 3-ethoxypropionate market is segmented on the basis of:
Types
Above 99.5%, 99.0%-99.5%, Others
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
Automobile, Steamship, 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:
- Dow
- Eastman
- Nadi New Material
- Zhidian New Chemical Materials
- Realsunchem
- Aoke Chemical
- Nanjing TOP Chemical
- Taiwan Maxwave
- Yueyang Dongrun
- Tricochemical
Highlights of The Paint Used Ethyl 3-ethoxypropionate 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:
- Above 99.5%
- 99.0%-99.5%
- Others
- By Application:
- Automobile
- Steamship
- 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 Paint Used Ethyl 3-ethoxypropionate 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
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?
Paint is a type of paint used to cover surfaces. Ethyl 3-ethoxypropionate is a chemical compound that is used in paints and other products. It is often used as a solvent or diluent.
Some of the major players in the paint used ethyl 3-ethoxypropionate market are Dow, Eastman, Nadi New Material, Zhidian New Chemical Materials, Realsunchem, Aoke Chemical, Nanjing TOP Chemical, Taiwan Maxwave, Yueyang Dongrun, Tricochemical.
The paint used ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate Market Size & Forecast, 2018-2028
4.5.1 Paint Used Ethyl 3-ethoxypropionate Market Size and Y-o-Y Growth
4.5.2 Paint Used Ethyl 3-ethoxypropionate Market Absolute $ Opportunity
Chapter 5 Global Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Type
5.2.1 Above 99.5%
5.2.2 99.0%-99.5%
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Steamship
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate Analysis and Forecast
9.1 Introduction
9.2 North America Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Type
9.6.1 Above 99.5%
9.6.2 99.0%-99.5%
9.6.3 Others
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 Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Steamship
9.10.3 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 Paint Used Ethyl 3-ethoxypropionate Analysis and Forecast
10.1 Introduction
10.2 Europe Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Type
10.6.1 Above 99.5%
10.6.2 99.0%-99.5%
10.6.3 Others
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 Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Steamship
10.10.3 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 Paint Used Ethyl 3-ethoxypropionate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Type
11.6.1 Above 99.5%
11.6.2 99.0%-99.5%
11.6.3 Others
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 Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Steamship
11.10.3 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 Paint Used Ethyl 3-ethoxypropionate Analysis and Forecast
12.1 Introduction
12.2 Latin America Paint Used Ethyl 3-ethoxypropionate 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 Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Type
12.6.1 Above 99.5%
12.6.2 99.0%-99.5%
12.6.3 Others
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 Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Steamship
12.10.3 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) Paint Used Ethyl 3-ethoxypropionate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Paint Used Ethyl 3-ethoxypropionate 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) Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Type
13.6.1 Above 99.5%
13.6.2 99.0%-99.5%
13.6.3 Others
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) Paint Used Ethyl 3-ethoxypropionate Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Steamship
13.10.3 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 Paint Used Ethyl 3-ethoxypropionate Market: Competitive Dashboard
14.2 Global Paint Used Ethyl 3-ethoxypropionate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dow
14.3.2 Eastman
14.3.3 Nadi New Material
14.3.4 Zhidian New Chemical Materials
14.3.5 Realsunchem
14.3.6 Aoke Chemical
14.3.7 Nanjing TOP Chemical
14.3.8 Taiwan Maxwave
14.3.9 Yueyang Dongrun
14.3.10 Tricochemical
