Global Ethyl Acetate Market Report 2022: By Manufacturers, Regions, Type And Application, Forecast To 2031

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The global ethyl acetate market report by the business research company the increasing demand for paints and coatings to be a major growth driver for the ethyl acetate market. Ethyl acetate is commonly used as an industrial solvent in paints and coatings to dissolve pigments and act as a hardener, which gives long-lasting effects after application to surfaces. The construction industry and the application of painting and coating to existing buildings and infrastructure for décor and protection have significantly increased the usage of paints and coatings applications. According to the European Coatings article, paints and coatings saw a rise in volume from 14 percent in 2021 to 22 percent in 2022 with the majority of applications decorating new and old infrastructure. Therefore, the increasing demand for paint and coating applications is driving the growth of the ethyl acetate market.

The global ethyl acetate market size is expected to grow from $3.95 billion in 2021 to $4.26 billion in 2022 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The ethyl acetate market is expected to grow to $5.65 billion in 2026 at a compound annual growth rate (CAGR) of 7.3%.

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Asia-Pacific was the largest region in the ethyle acetate market in 2021 and is expected to be the fastest-growing region in the forecast period. The regions covered in the ethyl acetate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the ethyl acetate market are Celanese Corporation, Daicel Corporation, Eastman Chemical Company, Ineos Capital Limited, Jiangsu Sopo Group Co Ltd, Jubilant Ingrevia Limited, Kai Co Ltd, Sipchem Company, Showa Denko K.K, Wuxi Baichuan Chemical Industrial Co Ltd, Yip'S Chemical Holdings Ltd, Solventis, Ashok Alco-Chem Limited (Aacl), Svensk Etanol Kemi Ab (Sekab), Indo Acidatama Tbk Pt, Solvay S.A., Merck Kgaa, Shandong Jinyimeng Group Co Ltd, Godavari Biorefineries Ltd, Lonza Group, and Iol Chemicals And Pharmaceuticals Ltd

The global ethyl acetate market is segmented -
1) By Sales Channel: Direct Company Sale, Direct Import, Distributors and Traders.
2) By Application: Adhesives and Sealants, Paints and Coatings, Pigments, Process Solvents, Intermediates, Other Applications.
3) By End-user Industry: Automotive, Artificial Leather, Food and Beverage, Pharmaceuticals, Other End-user Industries.

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The Ethyl acetate market Report Contents Include
1. Executive Summary
2. Ethyl Acetate Market Characteristics
3. Ethyl Acetate Market Trends And Strategies
4. Ethyl Acetate Market - Macro Economic Scenario
5. Ethyl Acetate Market Size And Growth
......
26. Africa Ethyl Acetate Market
27. Ethyl Acetate Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ethyl Acetate Market
29. Ethyl Acetate Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the ethyl acetate market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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