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.
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.
Asia Pacific was the largest consumer for butyl acetate consuming a substantial share of the market over the past few years. The market for butyl acetate in emerging economies such as China has been well-established on account of increasing use of automotive paints and coatings. China also serves as a prominent importer for butyl acetate; hence, the market dynamics in the country are strongly dependent on the exporting regions. European market for butyl acetate is anticipated to witness a slow growth rate as various manufacturers are shifting their focus from Europe to Asia Pacific on account of the wide production-demand gap in the latter region. However, demand for butyl acetate from regions in rest of the world (ROW) is expected to rise significantly, primarily driven by huge investments in Saudi Arabia for establishing butyl acetate manufacturing facilities. The Saudi Arabian government has successfully designed its policies for the purpose of attracting certain large scale chemical companies in the country. In addition, easy availability of raw materials for petrochemicals and strategic location of the country have attracted various companies towards establishing their production units in the country.
Global Butyl Acetate market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Butyl Acetate.
This report researches the worldwide Butyl Acetate market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Butyl Acetate breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
BASF
China National Petroleum Corporation
Eastman
Ineos Oxide
Mitsubishi Chemical
Sasol
Dow
Butyl Acetate Breakdown Data by Type
Laboratory Grade
Industry Grade
Others
Butyl Acetate Breakdown Data by Application
Automotive Industries
Food and Beverage Industries
Cosmetic and Adhesive Industries
Others
Butyl Acetate Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Butyl Acetate Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Butyl Acetate capacity, production, value, consumption, status and forecast;
To focus on the key Butyl Acetate manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Butyl Acetate :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Butyl Acetate . Industry analysis & Market Report on Butyl Acetate is a syndicated market report, published as Global Butyl Acetate Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Butyl Acetate market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.