United Kingdom Methyl Acetate Market Growth
The methyl acetate market is geared towards significant growth due to several factors. These include increasing foam-blowing agent production, rising demand from paints and coating sector, use of e-commerce for online retailing, and rapid innovations and improvisations in existing technology.Additionally, methyl acetate is a crucial component in many industries as it is an eco-friendly substitute that produces low volatile organic compounds (VOC) emissions and low toxicity as compared to traditional solvents, which drives market growth. It is also used in manufacturing artificial leathers, in lubricants for industrial use, in lacquers which is used to paint wood and metal, and in nail polish removers.
Moreover, as a result of growing environmental consciousness, market players are developing bio-based methyl acetate as it has a smaller footprint, is biodegradable, improves safety and health and is more sustainable and cost effective as compared to other solvents. Furthermore, companies in the methyl acetate industry are deploying consolidation strategies by performing strategic acquisitions and mergers to expand their reach and increase production capabilities to gain a competitive edge in the market.
United Kingdom Methyl Acetate Industry Segmentation
“United Kingdom Methyl Acetate Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Type
- High Purity
- Low Purity
Market Breakup by End Use
- Paints and Coatings
- Inks
- Personal care
- Adhesives
- Others
Market Breakup by Region
- England
- Wales
- Scotland
- Northern Ireland
United Kingdom Methyl Acetate Market Share
Based on end use, the market is mainly divided into paints and coatings, inks, personal care, and adhesives, among others. The paints and coating sector will likely witness significant growth, growing at a CAGR of 9.2% between 2025 and 2034 as methyl acetate has a fast evaporation rate, which helps to dry paints at a faster pace. It is also used in adhesives due to its dissolving property which makes it ideal for manufacturing celluloid adhesives and lacquers to reduce the viscosity. Other sectors such as personal care and ink also deploy them in their operations. Furthermore, as a result of increasing demands for furniture, the need for methyl acetate is increasing for coating and protection, which drives market growth.Leading Companies in United Kingdom Methyl Acetate Market
Market players are developing bio-based methyl acetate to adhere to regulations regarding VOC emissions.- Celanese Corporation
- Wacker Chemie AG
- Tokyo Chemical Industry UK Ltd.
- Thermo Fisher Scientific Inc.
- Others
United Kingdom Methyl Acetate Market Report Snapshots
United Kingdom Methyl Acetate Market Size
United Kingdom Methyl Acetate Market Growth
United Kingdom Methyl Acetate Market Share
United Kingdom Methyl Acetate Companies
Table of Contents
Companies Mentioned
- Celanese Corporation
- Wacker Chemie AG
- Tokyo Chemical Industry UK Ltd.
- Thermo Fisher Scientific Inc.