The global ethyl acetate market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period (2022-2028). The growth in electric vehicles further presents new opportunities for the automotive sector market where the government rising initiatives play a major factor in driving the growth of the ethyl acetate market. For instance, in 2020, the United States Environmental Protection Agency (EPA) proposed technical changes to emissions testing protocols and compliance calculations for the Light-duty Greenhouse Gas (GHG) Emissions Standards and Fuel Economy Standards to provide a smooth transition from using test fuel with 0% ethanol (E0) to test fuel that contains 10% ethanol (E10).
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/ethyl-acetate-market
Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in March 2021, Celanese Corporation announced that its Clear Lake, Texas incorporated chemical production plant will start using recycled carbon dioxide (CO2) as a substitute feedstock in the fabrication of methanol, a vital raw material in the production of various acetyls products, including vinyl acetate monomer, ethyl acetate, acetic acid, and other derivatives. This carbon capture and reuse process are expected to produce sustainable methanol with a high capital efficiency at competitive pricing. Additionally, Celanese is committed to protecting the Earth’s natural resources to fulfill their commitment, they are taking strategic steps aimed at reducing their operational impact globally and working with recycled CO2 at their Clear Lake facility.
Market Coverage
- The market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
o By Application
o By End-Use
- Regions Covered
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Celanese Corp, Daicel Corp, Eastman Chemical Company Wuxi Baichuan Chemical Industrial Co. Ltd.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Ethyl Acetate Market Report by Segment
By Application
- Adhesives and Sealants
- Paints and Coatings
- Pigments
- Process Solvents
- Intermediates
- Others
By End User
- Automotive
- Artificial Leather
- Food and Beverage
- Pharmaceuticals
- Others
A full report of Ethyl Acetate Market is available at: https://www.omrglobal.com/industry-reports/ethyl-acetate-market
Ethyl Acetate Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Ashok Alco – Chem Ltd
- Celanese Corp
- Daicel Corp
- Eastman Chemical Co
- Godavari Biorefineries Ltd.
- Ineos Group Ltd
- Jiangsu SOPO (Group) Co. Ltd
- Jubilant Pharmova Limited
- KAI Industries Co Ltd
- Kanoria Chemicals & Industries Ltd
- Linde plc
- Lonza Group
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
