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Butyl Acetate Market, Global Outlook and Forecast 2023-2029

Butyl Acetate Market, Global Outlook and Forecast 2023-2029

  • Published on : 06 June 2023
  • Pages :76
  • Report Code:SMR-7704816

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Report overview

Butyl acetate, also known as butyl ethanoate is an organic compound which is majorly used as a solvent for manufacturing lacquers and other products. It is a flammable colorless liquid which is found in various types of fruits. Butyl acetate is commonly used as a synthetic fruit flavoring in certain food products such as cheese, ice creams, candies and baked goods. It is primarily manufactured by the Fischer esterifaction of acetic acid and butanol isomer in the presence of catalytic sulfuric acid. Butyl acetate also serves as a raw material in certain coating, cosmetic and adhesive industries. Various isomers of butyl acetate are produced in the industry such as sec-butyl acetate, tert-butyl acetate and isobutyl acetate.?
This report aims to provide a comprehensive presentation of the global market for Butyl Acetate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Butyl Acetate. This report contains market size and forecasts of Butyl Acetate in global, including the following market information:
Global Butyl Acetate Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Butyl Acetate Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Butyl Acetate companies in 2022 (%)
The global Butyl Acetate market was valued at US$ 1357.6 million in 2022 and is projected to reach US$ 1612.4 million by 2029, at a CAGR of 2.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global market for butyl acetate has witnessed a significant growth over the past few years, primarily driven by the growing demand in the Asia Pacific region. Production facilities of the compound are primarily concentrated in North America and Europe, which also serve as the major exporting regions. Developed regions such as the Middle East is anticipated to gain significant share in the butyl acetate industry on account of increasing efforts by their governments to attract various petrochemical and chemical companies.?
We surveyed the Butyl Acetate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Butyl Acetate Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Butyl Acetate Market Segment Percentages, by Type, 2022 (%)
Laboratory Grade
Industry Grade
Others
Global Butyl Acetate Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Butyl Acetate Market Segment Percentages, by Application, 2022 (%)
Automotive Industries
Food and Beverage Industries
Cosmetic and Adhesive Industries
Others
Global Butyl Acetate Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Butyl Acetate Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Butyl Acetate revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Butyl Acetate revenues share in global market, 2022 (%)
Key companies Butyl Acetate sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Butyl Acetate sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF
China National Petroleum Corporation
Eastman
Ineos Oxide
Mitsubishi Chemical
Sasol
Dow
Outline of Major Chapters:
Chapter 1: Introduces the definition of Butyl Acetate, market overview.
Chapter 2: Global Butyl Acetate market size in revenue and volume.
Chapter 3: Detailed analysis of Butyl Acetate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Butyl Acetate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Butyl Acetate capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.