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FEATURED COMPANIES
- Celanese Corp.
- China Petrochemical Corp.
- Eastman Chemical Co.
- EuroChem Group AG
- Wacker Chemie AG
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Methyl Acetate Market: About this market
Methyl acetate primarily comprises of acetic acid, methanol, and sulfuric acid. The methyl acetate market analysis considers sales of methyl acetate for various applications in end-user industries including paints and coatings, inks, and personal care. Our analysis also considers the sales of methyl acetate in APAC, Europe, North America, South America, and MEA. In 2018, the paints and coatings segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the high purity and low volatility of methyl acetate will play a significant role in the paints and coatings segment to maintain its market position. Our global methyl acetate market report looks at factors such as the increasing demand for methyl acetate in paints and coatings industry, rise in production of foam blowing agents, and use of methyl acetate regarded safe in the food industry. However, the supply-demand imbalance of methyl acetate, health hazards of methyl acetate, and regulations on the use of methanol may hamper the growth of the methyl acetate industry over the forecast period.
Global Methyl Acetate Market: Overview
The rise in production of foam blowing agents
Foam blowing agents are extensively used in PU foams as it imparts elasticity, electrical insulation, and excellent textures. However, since foam blowing agents such as HFCs and HCFCs can cause health hazards, methyl acetate is being increasingly used instead. The demand for methyl acetate in the production of various foams will lead to the expansion of the global methyl acetate market at a CAGR of almost 7% during the forecast period.
Increasing adaptation of flexographic inks
With the increasing demand for doorstep commodity delivery and popularity of online trade and e-commerce, the adoption of printing inks in the packaging industry is gaining traction. This drives the demand for methyl acetate as it is used as photoresistor strippers in flexographic printing inks. This demand is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global methyl acetate market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading methyl acetate manufacturers, that include Celanese Corp., China Petrochemical Corp., Eastman Chemical Co., EuroChem Group AG, and Wacker Chemie AG.
Also, the methyl acetate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Methyl acetate primarily comprises of acetic acid, methanol, and sulfuric acid. The methyl acetate market analysis considers sales of methyl acetate for various applications in end-user industries including paints and coatings, inks, and personal care. Our analysis also considers the sales of methyl acetate in APAC, Europe, North America, South America, and MEA. In 2018, the paints and coatings segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the high purity and low volatility of methyl acetate will play a significant role in the paints and coatings segment to maintain its market position. Our global methyl acetate market report looks at factors such as the increasing demand for methyl acetate in paints and coatings industry, rise in production of foam blowing agents, and use of methyl acetate regarded safe in the food industry. However, the supply-demand imbalance of methyl acetate, health hazards of methyl acetate, and regulations on the use of methanol may hamper the growth of the methyl acetate industry over the forecast period.
Global Methyl Acetate Market: Overview
The rise in production of foam blowing agents
Foam blowing agents are extensively used in PU foams as it imparts elasticity, electrical insulation, and excellent textures. However, since foam blowing agents such as HFCs and HCFCs can cause health hazards, methyl acetate is being increasingly used instead. The demand for methyl acetate in the production of various foams will lead to the expansion of the global methyl acetate market at a CAGR of almost 7% during the forecast period.
Increasing adaptation of flexographic inks
With the increasing demand for doorstep commodity delivery and popularity of online trade and e-commerce, the adoption of printing inks in the packaging industry is gaining traction. This drives the demand for methyl acetate as it is used as photoresistor strippers in flexographic printing inks. This demand is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global methyl acetate market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading methyl acetate manufacturers, that include Celanese Corp., China Petrochemical Corp., Eastman Chemical Co., EuroChem Group AG, and Wacker Chemie AG.
Also, the methyl acetate market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Celanese Corp.
- China Petrochemical Corp.
- Eastman Chemical Co.
- EuroChem Group AG
- Wacker Chemie AG
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Celanese Corp.
- China Petrochemical Corp.
- Eastman Chemical Co.
- EuroChem Group AG
- Wacker Chemie AG
The following companies are recognised as the key players in the global methyl acetate market: Celanese Corp., China Petrochemical Corp., Eastman Chemical Co., EuroChem Group AG, and Wacker Chemie AG.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing adaptation of flexographic inks.”
According to the report, one of the major drivers for this market is the rise in the production of foam blowing agents.
Further, the report states that one of the major factors hindering the growth of this market is the supply-demand imbalance of methyl acetate.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing adaptation of flexographic inks.”
According to the report, one of the major drivers for this market is the rise in the production of foam blowing agents.
Further, the report states that one of the major factors hindering the growth of this market is the supply-demand imbalance of methyl acetate.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Celanese Corp.
- China Petrochemical Corp.
- Eastman Chemical Co.
- EuroChem Group AG
- Wacker Chemie AG
Note: Product cover images may vary from those shown
