Market Overview:
The global N-propyl acetate 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 N-propyl acetate from various applications such as paints & coatings, printing ink, cosmetics and personal care, food & beverages, pharmaceuticals and others. In terms of volume, Asia Pacific is expected to lead the global N-propyl acetate market during the forecast period followed by Europe and North America.
Product Definition:
N-propyl acetate is a colorless liquid that has a characteristic fruity odor. It is used as an additive in foods and beverages, and also as a solvent in various applications.
N-Propyl Acetate Greater than or equal to 99.5%:
N-propyl acetate is a colorless liquid with a mild pleasant odor. It's an ester of propyl alcohol and acetic acid. N-propyl acetate is used in the production of paints, adhesives, varnishes, lacquers, cleaners for metal and glass surfaces; as well as printing inks.
N-Propyl Acetate Greater than or equal to 99.0%:
N-Propyl acetate is a colorless liquid with a mild pleasant odor. It is soluble in water and ethanol. N-propyl acetate can also be converted to an ester, which has the same properties as the original compound. The esters are used as food additives and flavoring agents for their sweetening property.
The global N-Propyl Acetate market size was valued at USD 648 million in 2016.
Application Insights:
Paints & coatings was the largest application segment in 2016 and is projected to witness a growth of over 3% from 2017 to 2030. N-Propyl acetate is used as an additive for improving adhesion, hardness, and gloss of paints. It also finds applications as a solvent in oil-based paints due to its low boiling point (180°C) which makes it suitable for painting operations in cold temperatures (below 10°C).
The product has wide applications across the food & beverage industry including ice cream toppings, cheese sauces, salad dressings and dips. Acetone derived from propan-2-ol can be safely consumed by humans owing to its low toxicity level; however, care should be taken while handling the chemical since it is highly flammable with characteristic odor.
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 significant share of global production owing to cheap labor, raw material availability, and land availability. China is one of the major producers as well as consumers of n-propyl acetate with a high demand from various application segments such as paints & coatings, printing ink, pharmaceuticals etc.
The Asia Pacific market was followed by Europe which accounted for 24% of total revenue in 2017 due to growing product demand from various end-use industries such as cosmetics and personal care; printing ink; pharmaceuticals; food & beverages coupled with increasing R&D activities related to NPA production methodsologies across European countries.
North America emerged as the fastest growing regional market accounting for 3% increase in volume year on year during same period last year mainly due to increased consumption from end-use industries including paints & coatings; printing ink.; pharmaceuticals.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, printing inks, and cosmetics
- Rising awareness about the benefits of n-propyl acetate among consumers
- Growing investments by leading players in research and development to develop new applications for n-propyl acetate
- Expansion of manufacturing capacities by key players to cater to the increasing demand for n-propyl acetate globally
- Emerging economies offering lucrative growth opportunities for the n-propyl acetate market
Scope Of The Report
Report Attributes
Report Details
Report Title
N-Propyl Acetate Market Research Report
By Type
N-Propyl Acetate Greater than or equal to 99.5%, N-Propyl Acetate Greater than or equal to 99.0%
By Application
Paints & Coatings, Printing Ink, Cosmetics and Personal Care, Food & Beverages, Pharmaceuticals, Other
By Companies
Oxea, DowDuPont, BASF, Eastman, Solvay, Showa Denko K.K., Sankyo Chem, Daicel, Sasol, Chang Chun Group, Shiny Chem, Nuoao Chem, Jiangsu Baichuan, Nanjing Wujiang, Ningbo Yongshun, Jiangsu Ruijia, Yixing Kaixin
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global N-Propyl Acetate Market Report Segments:
The global N-Propyl Acetate market is segmented on the basis of:
Types
N-Propyl Acetate Greater than or equal to 99.5%, N-Propyl Acetate Greater than or equal to 99.0%
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
Paints & Coatings, Printing Ink, Cosmetics and Personal Care, Food & Beverages, Pharmaceuticals, 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:
- Oxea
- DowDuPont
- BASF
- Eastman
- Solvay
- Showa Denko K.K.
- Sankyo Chem
- Daicel
- Sasol
- Chang Chun Group
- Shiny Chem
- Nuoao Chem
- Jiangsu Baichuan
- Nanjing Wujiang
- Ningbo Yongshun
- Jiangsu Ruijia
- Yixing Kaixin
Highlights of The N-Propyl Acetate 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:
- N-Propyl Acetate Greater than or equal to 99.5%
- N-Propyl Acetate Greater than or equal to 99.0%
- By Application:
- Paints & Coatings
- Printing Ink
- Cosmetics and Personal Care
- Food & Beverages
- Pharmaceuticals
- 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 N-Propyl Acetate 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?
N-Propyl Acetate is a chemical compound with the formula C3H5COOH. It is a colorless liquid that smells faintly of vinegar. N-Propyl Acetate is used in manufacturing various types of plastics and coatings.
Some of the key players operating in the n-propyl acetate market are Oxea, DowDuPont, BASF, Eastman, Solvay, Showa Denko K.K., Sankyo Chem, Daicel, Sasol, Chang Chun Group, Shiny Chem, Nuoao Chem, Jiangsu Baichuan, Nanjing Wujiang, Ningbo Yongshun, Jiangsu Ruijia, Yixing Kaixin.
The n-propyl acetate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. N-Propyl Acetate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. N-Propyl Acetate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. N-Propyl Acetate Market - Supply Chain
4.5. Global N-Propyl Acetate Market Forecast
4.5.1. N-Propyl Acetate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. N-Propyl Acetate Market Size (000 Units) and Y-o-Y Growth
4.5.3. N-Propyl Acetate Market Absolute $ Opportunity
5. Global N-Propyl Acetate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. N-Propyl Acetate Market Size and Volume Forecast by Type
5.3.1. N-Propyl Acetate Greater than or equal to 99.5%
5.3.2. N-Propyl Acetate Greater than or equal to 99.0%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global N-Propyl Acetate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. N-Propyl Acetate Market Size and Volume Forecast by Application
6.3.1. Paints & Coatings
6.3.2. Printing Ink
6.3.3. Cosmetics and Personal Care
6.3.4. Food & Beverages
6.3.5. Pharmaceuticals
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global N-Propyl Acetate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. N-Propyl Acetate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global N-Propyl Acetate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. N-Propyl Acetate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global N-Propyl Acetate Demand Share Forecast, 2019-2026
9. North America N-Propyl Acetate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America N-Propyl Acetate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America N-Propyl Acetate Market Size and Volume Forecast by Application
9.4.1. Paints & Coatings
9.4.2. Printing Ink
9.4.3. Cosmetics and Personal Care
9.4.4. Food & Beverages
9.4.5. Pharmaceuticals
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America N-Propyl Acetate Market Size and Volume Forecast by Type
9.7.1. N-Propyl Acetate Greater than or equal to 99.5%
9.7.2. N-Propyl Acetate Greater than or equal to 99.0%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America N-Propyl Acetate Demand Share Forecast, 2019-2026
10. Latin America N-Propyl Acetate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America N-Propyl Acetate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America N-Propyl Acetate Market Size and Volume Forecast by Application
10.4.1. Paints & Coatings
10.4.2. Printing Ink
10.4.3. Cosmetics and Personal Care
10.4.4. Food & Beverages
10.4.5. Pharmaceuticals
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America N-Propyl Acetate Market Size and Volume Forecast by Type
10.7.1. N-Propyl Acetate Greater than or equal to 99.5%
10.7.2. N-Propyl Acetate Greater than or equal to 99.0%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America N-Propyl Acetate Demand Share Forecast, 2019-2026
11. Europe N-Propyl Acetate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe N-Propyl Acetate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe N-Propyl Acetate Market Size and Volume Forecast by Application
11.4.1. Paints & Coatings
11.4.2. Printing Ink
11.4.3. Cosmetics and Personal Care
11.4.4. Food & Beverages
11.4.5. Pharmaceuticals
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe N-Propyl Acetate Market Size and Volume Forecast by Type
11.7.1. N-Propyl Acetate Greater than or equal to 99.5%
11.7.2. N-Propyl Actate Greater than or equal to 99.0%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe N-Propyl Acetate Demand Share, 2019-2026
12. Asia Pacific N-Propyl Acetate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific N-Propyl Acetate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific N-Propyl Acetate Market Size and Volume Forecast by Application
12.4.1. Paints & Coatings
12.4.2. Printing Ink
12.4.3. Cosmetics and Personal Care
12.4.4. Food & Beverages
12.4.5. Pharmaceuticals
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific N-Propyl Acetate Market Size and Volume Forecast by Type
12.7.1. N-Propyl Acetate Greater than or equal to 99.5%
12.7.2. N-Propyl Acetate Greater than or equal to 99.0%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific N-Propyl Acetate Demand Share, 2019-2026
13. Middle East & Africa N-Propyl Acetate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa N-Propyl Acetate Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa N-Propyl Acetate Market Size and Volume Forecast by Application
13.4.1. Paints & Coatings
13.4.2. Printing Ink
13.4.3. Cosmetics and Personal Care
13.4.4. Food & Beverages
13.4.5. Pharmaceuticals
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa N-Propyl Acetate Market Size and Volume Forecast by Type
13.7.1. N-Propyl Acetate Greater than or equal to 99.5%
13.7.2. N-Propyl Acetate Greater than or equal to 99.0%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa N-Propyl Acetate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global N-Propyl Acetate Market: Market Share Analysis
14.2. N-Propyl Acetate Distributors and Customers
14.3. N-Propyl Acetate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Oxea
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DowDuPont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Eastman
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Solvay
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Showa Denko K.K.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sankyo Chem
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Daicel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sasol
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Chang Chun Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shiny Chem
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Nuoao Chem
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiangsu Baichuan
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Nanjing Wujiang
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ningbo Yongshun
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jiangsu Ruijia
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Yixing Kaixin
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
