The butyl acetate market is expected to witness market growth at a rate of 3.4% in the forecast period of 2021 to 2028 and is expected to reach USD 3,308.8 billion by 2028. Data Bridge Market Research report on butyl acetate market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the interest in car paints is escalating the growth of butyl acetate market.
Butyl acetate is broadly utilized as a solvent for lacquers, since it offers a good flow and brush resistance in film-coating resins including cellulose acetate butyrate, cellulose nitrate, polystyrene, ethyl cellulose and methyl methacrylate resins. It is also mostly utilized as a solvent in the manufacture of textiles, plastics, artificial leathers, as an ingredient for synthetic flavours perfumes, and as an extractant for oils pharmaceuticals. Butyl acetate is usually utilized as a synthetic fruit flavouring in specific food products including ice creams, cheese, candies, and baked goods.
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The major players covered in the butyl acetate market report are BASF SE, Dow, Petroliam Nasional Berhad (PETRONAS), Eastman Chemical Company, Celanese Corporation, INEOS, Yangtze River Acetyls Co Ltd, Thermo Fisher Scientific, Yip’s Chemical Holdings Limited, Alfa Aesar, Mitsubishi Chemical Holding Corporation, Sasol Limited, Solventis, Shatabdi Chemicals (P) Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Butyl Acetate Market Scope and Market Size:
The butyl acetate market is segmented on the basis of application and end use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of application, the butyl acetate market is segmented into paints coatings, pharmaceuticals, perfumery flavours, plasticizers, electricals and others.
- On the basis of End Use Industry, the butyl acetate market is segmented into automotive, homebuilding and others.
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Butyl Acetate Market Country Level Analysis:
The butyl acetate market is analysed, and market size, volume information is provided by country, application and end use industry as referenced above.
The countries covered in the butyl acetate market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (M.E.A.) as a part of Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.
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