Ethyl Acetate Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Ethyl Acetate Industry Market Size Be by 2025?
The market size for ethyl acetate has witnessed solid growth in past years. An increase from $5.12 billion in 2024 to $5.6 billion in 2025 is anticipated, with a compound annual growth rate (CAGR) of 9.3%. This significant growth in the past can be credited to factors like demand in chemical manufacturing, expansion in the packaging industry, uses in the textile sector, manufacture of adhesive and sealants, and application in automotive paints and coatings.

What's the Long-Term Growth Forecast for the Ethyl Acetate Market Size Through 2029?
The market size for ethyl acetate is predicted to experience a swift expansion in the coming years, rising to a value of $8.64 billion in 2029 with an 11.5% compound annual growth rate (CAGR). Multiple factors are contributing to this expected growth during the forecast period, including the rise in bio-based and ecologically friendly production methods, an expanding paint and coating industry, a burgeoning pharmaceutical sector, the use of flexible packaging materials, and an escalating demand for printing inks. Key trends for the forecast period encompass an increased demand within the food and beverage industry, a broadening of uses in the paints and coatings field, a move towards bio-based ethyl acetate, a surge in usage within pharmaceuticals, and volatile prices for raw materials.

View the full report here:
https://www.thebusinessresearchcompany.com/report/ethyl-acetate-global-market-report

What Are the Key Growth Drivers Fueling the Ethyl Acetate Market Expansion?
The growth of the ethyl acetate market is predicted to be driven by the rising demand for paints and coatings. Acting as an industrial solvent, ethyl acetate is typically used in paints and coatings as it allows pigments to dissolve and hardens the material for long-lasting results once applied to surfaces. The boom in the construction sector, accompanied by an upsurge in the use of paints and coatings for decorative and protective purposes on new and existing infrastructure, has led to a rise in the use of paint and coating applications. A report by European Coatings highlighted an increase in the use of paints and coatings from 14 percent in 2021 to a significant 22 percent in 2022, used predominantly on new and preexisting infrastructure. Consequently, the escalating demand for paints and coatings applications is bolstering the growth of the ethyl acetate market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7279&type=smp

What Are the Key Trends Driving Ethyl Acetate Market Growth?
Key players in the ethyl acetate market are pursuing partnerships to innovate new products and solidify their market presence. These collaborations and partnerships enhance innovation, take advantage of mutually beneficial expertise, and expedite the development and launch of progressive therapies by amalgamating resources and skills. Take, for example, in January 2022, CropEnergies AG, a German company that specializes in bioethanol and other bio-based product production, joined forces with Johnson Matthey, a UK-based specialty chemicals and sustainable technologies firm. This alliance harnesses Johnson Matthey's technology to produce renewable ethyl acetate. This partnership will help lower the carbon footprint of many everyday products, giving consumers the opportunity to embrace the sustainability wave. Johnson Matthey's eco-friendly process yields ethyl acetate while minimizing carbon emissions. The plant will be designed to use renewable energy sources to yield 50,000 tons of renewable ethyl acetate each year, from feedstock comprised of renewable ethanol.

How Is the Ethyl Acetate Market Segmented?
The ethyl acetate market covered in this report 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

Subsegments:
1) By Direct Company Sale: Online Sales, Offline Sales
2) By Direct Import: Import by Manufacturers, Import by Retailers
3) By Distributors And Traders: Regional Distributors, Wholesale Traders

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7279&type=smp

Which Companies Are Leading the Charge in Ethyl Acetate Market Innovation?
Major companies operating in the ethyl acetate market include Celanese Corporation, INEOS Group Ltd., Solvay S.A., Jiangsu Sopo (Group) Co., Ltd., Sekab Biofuels & Chemicals AB, Eastman Chemical Company, Daicel Corporation, Shandong Jinyimeng Group Co., Ltd., Wuxi Baichuan Chemical Industrial Co., Ltd., Yip's Chemical Holdings Limited, Shanghai Huayi Group Corporation Limited, Godavari Biorefineries Ltd., Ashok Alco-Chem Limited, Sasol Ltd., Rhodia Acetow GmbH, Lonza Group AG, Chang Chun Petrochemical Co., Ltd., BASF SE, Tianjin Soda Plant Co., Ltd., Yankuang Lunan Chemical Co., Ltd., Anhui Wanwei Group Co., Ltd.

Which Regions Are Leading the Global Ethyl Acetate Market in Revenue?
Asia-Pacific was the largest region in the ethyl acetate market in 2024 and is expected to be the fastest-growing region in the ethyl acetate market during the forecast period. The regions covered in the ethyl acetate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7279

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.