Press release
Methyl Acetate Market Growth Fueled by Eco-Friendly Solvents, Automotive & Construction Demand, and Advanced Manufacturing Technologies
The global methyl acetate market is expected to grow at a CAGR of 3.94% from 2024 to 2031. Market growth is driven by rising demand in adhesives, coatings, paints, and pharmaceutical applications. Increasing industrialization and the expansion of end-use industries such as automotive and construction are further fueling adoption. Advances in production technologies, along with a shift toward eco-friendly and low-VOC solvents, are enhancing market potential. Strong growth is anticipated across Asia-Pacific, North America, and Europe, supported by expanding manufacturing activities and favourable regulatory frameworks.Download your FREE renewable energy certificate sample report to explore the latest market insights:
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Emerging opportunities in the Methyl Acetate Market include green synthesis methods, advanced purification technologies, and expanded applications in adhesives, coatings, and solvents. The major global players include Eastman Chemical Company, Wacker Chemie AG, Anhui Wanwei Group Co., Ltd., Celanese Corporation, Sichuan Chuanwei Group Co., Ltd., China Haohua Chemical Group Co. Ltd., Sinochem Qingdao Co., Ltd., Shanxi Sanwei Group Co., Ltd., Jiangsu Ruifeng Polymer Materials Co., Ltd., and Zhangzhou Oushuo Chemical. Sustainable analysis emphasizes eco-friendly production, reduced VOC emissions, and safer industrial usage.
Methyl Acetate Market - Latest Drivers
1. Growing Demand for Eco-Friendly Solvents : Both Japan and the USA are increasingly using methyl acetate because of its low toxicity and biodegradability compared to traditional solvents. Environmental regulations and the push for sustainable products are driving adoption across industries like paints, coatings, adhesives, and cosmetics.
2. Expansion in Automotive and Construction Sectors : The automotive and construction industries are fueling demand for methyl acetate. In automotive applications, it is widely used in paints, adhesives, and coatings, while in construction, it is applied in adhesives and sealants, supporting overall market growth.
3. Rising Use in Personal Care and Cosmetics : Methyl acetate is a key ingredient in personal care products such as nail polish removers, hair sprays, and perfumes. Increasing consumer focus on personal grooming and hygiene is boosting demand in this sector.
4. Advancements in Manufacturing Processes : Technological improvements, including continuous production and better purification techniques, are enhancing efficiency, reducing costs, and ensuring a stable supply of methyl acetate in both Japan and the USA.
Recent M&A & Strategic Activities - Methyl Acetate Market
USA
✅ Eastman Chemical Company expanded its methyl acetate production capacity in the U.S. to meet increasing demand from the automotive and packaging industries.
✅ Celanese Corporation announced plans to invest in advanced synthesis technologies for methyl acetate production to enhance efficiency and reduce environmental impact.
Japan
✅ Mitsubishi Chemical Corporation initiated a project to develop bio-based methyl acetate, aiming to align with sustainability goals and meet growing demand in the pharmaceutical sector.
✅ Sumitomo Chemical Co., Ltd. entered into a strategic partnership with a European firm to co-develop high-purity methyl acetate for use in electronics and specialty coatings.
Methyl Acetate Market - Important Industry Updates
➠ In July 2025 - A leading chemical manufacturer expanded its production capacity for Methyl Acetate at its U.S. facility to meet rising demand from the paints, coatings, and adhesives industry, enhancing supply chain reliability.
➠ In June 2025 - Japanese chemical companies invested in next-generation, low-emission production technologies for Methyl Acetate to comply with stricter environmental regulations and reduce carbon footprint in manufacturing processes.
➠ In May 2025 - A major North American distributor launched a new logistics and storage network to ensure timely delivery of Methyl Acetate for industrial clients, improving efficiency in supply to the automotive and electronics sectors.
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Methyl Acetate Market Segments Overview:
»By Grade (Cosmetic Grade, Industrial Grade)
» By Purity (Purity(GC)%less than 99.5%, Purity(GC)%less than 99.9%)
» By Application (Resins, Coating & Paint, Adhesives, Foam Foaming Agent, Cosmetic & Personal Care, Others)
Methyl Acetate Market - Regional Trends
✦ Asia-Pacific (India, SE Asia, China, Japan): Market growth driven by expanding coatings, adhesives, and pharmaceutical industries. India and China are leading consumption due to rising industrial production and chemical manufacturing capacities.
✦ North America (US & Canada): Stable demand supported by paints, coatings, and industrial solvent applications. Growth is aided by increasing use in eco-friendly formulations and specialty chemical production.
✦ Europe (EU & UK): Moderate growth as stricter environmental regulations drive adoption of low-VOC and sustainable solvent solutions. Germany, France, and the UK remain key consumption hubs.
✦ Latin America & Middle East & Africa: Demand is rising gradually, supported by growing automotive, construction, and coatings sectors. Brazil, South Africa, and GCC countries are key regional consumers.
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DataM Intelligence is a leading market research and consulting firm committed to providing end-to-end business solutions, from comprehensive market analysis to strategic advisory. With over 6,300 reports spanning 40+ industries, we deliver actionable insights that enable organizations to make informed decisions and foster long-term growth.
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