Butyl Acetate Market Size | Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2027)

 

Overview:

The global butyl acetate market size has been segmented on the basis of application, end-use industry, and region.

By application, the global Butyl Acetate Market Size  has been classified into paints & coatings, pharmaceutical, perfumes, flavors, printing inks, and others. The use of butyl acetate in the production of paints & coatings is increasing as it offers waterproof coatings as well as acts as a solvent for the preparation of paints and coatings. This has driven its demand in the construction industry, attributing to the wide application of paints and coatings. Additionally, paints and coatings are used in the packaging and automotive industries due to their unique properties such as good evaporation rate and excellent protection offered by it. The rapid growth of the construction industry is also expected to fuel the growth of the global butyl acetate market.

On the basis of end-use industry, the global butyl acetate market has been divided into automotive & transportation, building & construction, healthcare, cosmetics, food & beverage, and electrical & electronics. Among these, the building & construction industry held the largest share of the global butyl acetate market in 2017 and is expected to witness significant growth during the review period. The growth of the building & construction industry across the globe is boosting the demand for butyl acetate. Furthermore, butyl acetate is used in spray paintings, lacquer coatings, glue manufacturing, and paint mixing, which contributes to its increasing use in the construction industry. 

Regional Analysis:

The global butyl acetate market size has been analyzed across five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa. The Asia-Pacific market is expected to witness healthy growth during the review period, owing to the increasing construction activities and growth of the pharmaceutical industry. North America is projected to have remarkable growth during the forecast period, owing to the increasing use of the product in the automotive, construction, and pharmaceuticals industries. The European market for butyl acetate is expected to grow at a significant rate due to the growing use of the product in different applications, especially in automobiles. While, the Latin American and the Middle East & African markets for butyl acetate are projected to witness moderate and sluggish growth, respectively, during the review period.

Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/butyl-acetate-market-7577  

Market players:

Some of the major players operating in the global butyl acetate market size are BASF SE (Germany), DowDuPont (US), Eastman Chemical Company (US), Celanese Corporation (US), INEOS (US), Yangtze River Acetyls (China), Mitsubishi Chemical Corporation (Japan), Sasol (South Africa), Alfa Aesar (US), Sipchem (Saudi Arabia), Industrias Monfel, SA (Mexico), Merck KGaA (Germany), and Kai Co., Ltd. (South Korea).

Get a Sample Report Now: https://www.marketresearchfuture.com/sample_request/7577

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

 

Contact:

 

Market Research Future®

 

99 Hudson Street,5Th Floor

 

New York, New York 10013

 

United States of America

 

Phone:

 

+1 628 258 0071(US)

 

+44 2035 002 764(UK)

 

Email: sales@marketresearchfuture.com

 

Website: https://www.marketresearchfuture.com

 

Related Report:

https://www.marketresearchfuture.com/reports/cobalt-market-6549

 

https://www.marketresearchfuture.com/reports/aerospace-materials-market-8428

 

https://www.marketresearchfuture.com/reports/aerospace-foams-market-8492

 

https://www.marketresearchfuture.com/reports/roofing-tiles-market-8534

 

Comments

Post a Comment

Popular posts from this blog

Middle East and North Africa Metallic Stearates Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Metallic stearates, widely used in various industries, are compounds derived from stearic acid and metal salts. These versatile substances find their applications in numerous sectors, including plastics, rubber, cosmetics, pharmaceuticals, and paints. With their exceptional lubricating, stabilizing, and anti-blocking properties, metallic stearates have witnessed a significant surge in demand, fueling the growth of the   Middle East and North Africa   metallic stearates market. The continuous development in the industry and the increasing investment in the industry, where the market value is expected to reach over USD 5.4 billion by the year 2030 with a CAGR of 5.4% during the forecast period. Expanding Applications : The  Middle East and North Africa metallic stearates market  has experienced remarkable growth due to the expanding applications across several industries. In the plastics industry, metallic stearates act as lubricants, preventing the me...
Read more

Middle East and North Africa Purging Compound Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  The  Middle East and North Africa purging compound market  has witnessed significant growth in recent years, owing to its crucial role in optimizing the efficiency and cleanliness of polymer processing equipment. This article delves into the key factors driving the market's expansion and highlights the benefits of using purging compounds in various industrial applications. Enhancing Operational Efficiency : Purging compounds play a pivotal role in ensuring the smooth operation of polymer processing equipment, such as extruders, Molded Pulp Packaging , and blow molding machines. By effectively removing color, contaminants, and residues from the machinery, purging compounds enable quick transitions between different materials, reducing downtime and improving productivity. Manufacturers can minimize material waste and achieve cost savings by utilizing purging compounds during color changes, material switches, and machine shutdowns. Efficient Cleaning Mechani...
Read more

Middle East and North Africa Polyurethane Dispersion Market, Growth, Size, Region & Country, Revenue, Analysis & Forecast Till 2032

  Polyurethane dispersion (PUD) has emerged as a versatile and environmentally friendly alternative to traditional solvent-based coatings and adhesives. With its unique properties and applications across various industries, polyurethane dispersion has gained significant traction in recent years. This article explores the growing popularity of  Middle East and North Africa polyurethane dispersion market , its advantages, applications, and the future prospects of this remarkable material. polyurethane dispersion market Size was valued at USD 2.2 billion in 2021. The polyurethane dispersion market industry is projected to grow from USD 2.3 Billion in 2022 to USD 3.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.25% during the forecast period (2022 - 2030).  The Advantages of Polyurethane Dispersion: Environmental Friendliness: One of the primary advantages of polyurethane dispersion is its eco-friendly nature. Unlike solvent-based coatings, PUDs ...
Read more