The global Ethyl Acetate market stood at approximately 3.7 million tonnes in 2024 and is expected to grow at a steady CAGR of 3.52% during the forecast period until 2035.
Ethyl Acetate is a highly volatile liquid of low viscosity and a fruity odor. This chemical compound is produced when acetic acid and ethanol react. It is a colourless liquid that vaporizes in the presence of air and has a fruity scent. It is less dense than water. Natural sources of ethyl acetate include the plants Vitis rotundifolia, cinnamomum burmannii, and others. Ethyl acetate is used as an extraction medium in the pharmaceutical industry to concentrate and purify antibiotics. Additionally, it serves as an intermediate in the manufacturing of medicines like rifampicin and sulphamethoxazole. It is generally employed as a solvent or diluent for purposes like nail polish removal or as an addition to cigarettes due to its low cost, low toxicity, and pleasant smell. Flexographic and rotogravure printing inks also use ethyl acetate as a solvent. In the cosmetic industry, ethyl acetate is used to manufacture powder, essences, mascara, teeth-whitening products, and fragrances. Because ethyl acetate evaporates quickly on the skin, the aroma of the perfume can cling to the skin and linger more. The pleasant, fruity aroma of ethyl acetate also helps to contribute to the perfume's aroma. Other niche uses of ethyl acetate include adhesives, cleaning agents, coated papers, photographic films and plates, and fake leather.
Ethyl acetate is commonly employed to create a variety of coating compositions, including epoxies, urethanes, cellulose, acrylics, and vinyl. These coatings have a variety of uses, including shellac for wood furniture and fixtures, nitrocellulose and cellulose acetate lacquers, exterior and interior architectural coatings, ceramic object decorating, and automotive refurbishing. Owing to the fast-paced industrialization and suitable government norms, construction activities are anticipated to rise in the forecast period, anticipated to propel the Ethyl Acetate market. The global Ethyl Acetate market is anticipated to reach approximately 5.4 million tonnes in 2035.
Regionally, the Asia Pacific is the major consumer of the Ethyl Acetate market. The expansion of the market in the region has been aided by the Asia Pacific region's rapid growth of the building and construction sector. In nations like China, Japan, Taiwan, and India, continuous population growth resulting in infrastructure development is creating a large sum of demand for Paints & Coatings. Furthermore, Asia Pacific also leads in terms of producing Ethyl Acetate owing to the presence of an abundance of raw materials and production technology.
Based on the end-user industry, the global Ethyl Acetate market is segmented into Paints, Coatings & Printing Inks, Flexible Packaging and Lamination, Adhesives, Pharmaceuticals and Others. Among these, the Paint, Coating and Printing Inks sector is dominating the Ethyl Acetate market. In 2024, this sector held about 47% of the market share and is anticipated to dominate the market even in the forecast period. Ethyl acetate is used as a solvent in inks for flexographic and rotogravure printing because of its low toxicity and pleasant smell. Its main purposes are to dissolve the resin, regulate viscosity, and alter the drying rate. Increasing demand for printing inks from the packaging industry is likely to drive the Ethyl Acetate market in the forecast period.
Major players in the production of Global Ethyl Acetate are Jiangmen Handsome Chemical Development, Jiangsu Sopo Chemical Co., Ltd., INEOS, Celanese, Nantong Lianpu Chemical Co., Ltd., Guangxi Xintiande, Laxmi Organic Industries Limited and Others (Shanghai Wujing Chemical, Jubilant Ingrevia Limited, etc.)
Years considered for this report:
Historical Period: 2015- 2023
Base Year: 2024
Estimated Year: 2025
Forecast Period: 2026-2035
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Objective of the Study:
• To assess the demand-supply scenario of Ethyl Acetate which covers production, demand and supply of Ethyl Acetate market in the globe.
• To analyse and forecast the market size of Ethyl Acetate
• To classify and forecast Global Ethyl Acetate market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Ethyl Acetate market in the globe.
To extract data for Global Ethyl Acetate market, primary research surveys were conducted with Ethyl Acetate manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Ethyl Acetate market over the coming years.
ChemAnalyst calculated Ethyl Acetate demand in the globe by analyzing the historical data and demand forecast which was carried out considering the demand of Ethyl Acetate from the end-use industries. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Ethyl Acetate manufacturers and other stakeholders
• Organizations, forums and alliances related to Ethyl Acetate distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethyl Acetate s manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Ethyl Acetate s market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2024
3.7 million tonnes
Market size Volume by 2035
5.4 million tonnes
Growth Rate
CAGR of 3.52% from 2025 to 2035
Base year for estimation
2025
Historic Data
2015 – 2024
Forecast period
2026 – 2035
Quantitative units
Demand in million tonnes and CAGR from 2025 to 2035
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade
Segments covered
By End-Use: (Paint, Coating and Printing Inks, Flexible Packaging and Lamination, Adhesives, Pharmaceuticals, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Ethyl Acetate market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Ethyl Acetate.
3. Capacity By Location
To better understand the regional supply of Ethyl Acetate by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company
Study the historical annual production of Ethyl Acetate by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use
Discover which end-user industry (Paint, Coating and Printing Inks, Flexible Packaging and Lamination, Adhesives, Pharmaceuticals, and Others) are creating a market and the forecast for the growth of the Ethyl Acetate market.
7. Demand by Region
Analyzing the change in demand of Ethyl Acetate in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Ethyl Acetate. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Ethyl Acetate.
10. Company Share
Figure out what proportion of the market share of Ethyl Acetate is currently held by leading players across the globe.
11. Country-wise Export
Get details about quantity of Ethyl Acetate exported by major countries.
12. Country-wise Import
Get details about quantity of Ethyl Acetate imported by major countries.
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Which region is the leading as a consumer of the global Ethyl Acetate market?
Ans:
Asia Pacific is the largest consumer of the global Ethyl Acetate market.
Q2.
Which end-use industry is dominating the Global Ethyl Acetate market?
Ans:
The Paint, Coating and Printing Inks industry is dominating the Global Ethyl Acetate market with a market share of nearly 47% in 2024.
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