Ethyl Acetate Global Market Report 2023: Size, Share, Trends, Competitive Analysis, Types, Applications And Outlook 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Ethyl Acetate market report by The Business Research Company, The increasing demand for paints and coatings is expected to propel the growth of 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.

The global ethyl acetate market size grew from $4.32 billion in 2022 to $4.76 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The ethyl acetate market size is expected to grow to $6.68 billion in 2027 at a CAGR of 8.8%.

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Major competitors in the Ethyl Acetate market include Celanese Corporation, Daicel Corporation, Eastman Chemical Company, Ineos Capital Limited, Jiangsu Sopo Group Co Ltd.

The Ethyl Acetate market is segmented -
• By Sales Channel: Direct Company Sale, Direct Import, Distributors and Traders.
• By Application: Adhesives and Sealants, Paints and Coatings, Pigments, Process Solvents, Intermediates, Other Applications.
• By End-user Industry: Automotive, Artificial Leather, Food and Beverage, Pharmaceuticals, Other End-user Industries.
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Asia-Pacific as the largest region in the Ethyl Acetate market.

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Ethyl acetate is the acetate ester organic compound formed by the combination of acetic acid and ethanol. It's a colorless liquid with a fruity odor that has less density than water and vaporizes in air. Ethyl acetate is a natural product found in various plants such as vitis rotundifolia, cinnamomum burmannii, and others. Ethyl acetate is used as solvents in paints, coatings, cleaning mixtures, decaffeinating coffee beans, and others.

The Table Of Content For The Ethyl Acetate Market 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
6. Ethyl Acetate Market Segmentation
……
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

The "Global Ethyl Acetate Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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