Methyl Acetate Market Size, Growth, Report 2023-2028

Article ads

The new report by Expert Market Research titled, ‘Global Methyl Acetate Market Size, Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the global methyl acetate market, assessing the market based on its segments like end use and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents:

The key highlights of the report include:

Market Overview (2018-2028)

  • Forecast CAGR (2023-2028): 3.9%

The market for methyl acetate has seen substantial growth due to factors such as the flexographic ink, which is primarily used for printing applications in the packaging industry. Also, increased knowledge across different industries offers an enormous market opportunity for key players in the methyl acetate market. As a result, the growth of the packaging industry will boost demand for flexographic inks, which will support the growth of the methyl acetate market. The packaging sector is rapidly expanding in countries such as India, China, Germany, and the United States, owing to the growing popularity of online trading and e-commerce, as well as increased demand for delivery of doorstep commodities. The increasing production of foam blowing agents is a significant factor that will drive the growth of the methyl acetate market over the forecast period.

Methyl Acetate Industry Definition and Major Segments

Methyl acetate is a colourless, flammable liquid that is commonly used in low-toxic solvent goods such as paints, adhesives, and nail polish remover. Many resins and oils also use it as a solvent.

Explore full report with table of contents:

Based on the end-use, the industry is divided into:

  • Paints and Coatings
  • Inks
  • Personal Care Industry
  • Others

The regional markets for methyl acetate include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Methyl Acetate Market Trends

Due to its remarkable features, such as better evaporation rate, exceptional solvent activity, quickly biodegradability, low odour, and others, methyl acetate is used in a variety of industries. Methyl acetate has the potential to replace commercial solvents as an ingredient in paints and coating solutions due to these qualities. The demand for methyl acetate-based paint and coating solutions is increasing as the construction, automobile, and aerospace industries increase.

Furthermore, regulatory rules in North America and Europe regulating the use of low-VOC solvents have encouraged coating and paint manufacturers to use biocompatible solvents such as methyl acetate in coating formulations. Various variables, such as the consumption of novel personal care and cosmetic products created from methyl acetate by the youth population for grooming purposes, are also driving the methyl acetate market forward.

Key Market Players

The major players in the market are Celanese Corp. (NYSE: CE), China Petrochemical Corp., Eastman Chemical Co., Wacker Chemie AG, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.

Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.

Media Contact:

Company Name: Claight Corporation
Contact Person: John Millence, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Raiden Wright

I am Raiden Wright. In addition to my formal education in English Literature and Communications from a prestigious university, I have also pursued continuing education courses related to copywriting as well as Search Engine Optimization (SEO)

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button