Report Overview

The global methyl acetate market reached a volume of 1,925.27 KMT in 2023. It is estimated to grow at a CAGR of 4.1% between 2024 and 2032 to reach a volume of 2750.77 KMT in 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • The properties like fast evaporation rate, mild odour, fast solvent release, and quick dry-to-touch time are driving the demand for methyl acetate in diverse applications.
  • Being a non-HAP, non-ODS, and readily biodegradable solvent, methyl acetate can be used in blends to develop environmentally friendly cleaners.
  • The growing construction projects including residential buildings, commercial complexes, and shopping malls, among others, drive the downstream demand for methyl acetate in adhesive and paints and coatings applications.

Global Methyl Acetate Market Size

The global methyl acetate market reached a volume of 1,925.27 KMT in 2023. It is estimated to grow at a CAGR of 4.1% between 2024 and 2032 to reach a volume of 2750.77 KMT in 2032.

 

Methyl Acetate Market Outlook

  • The properties like fast evaporation rate, mild odour, fast solvent release, and quick dry-to-touch time are driving the demand for methyl acetate in diverse applications.
  • Being a non-HAP, non-ODS, and readily biodegradable solvent, methyl acetate can be used in blends to develop environmentally friendly cleaners.
  • The growing construction projects including residential buildings, commercial complexes, and shopping malls, among others, drive the downstream demand for methyl acetate in adhesive and paints and coatings applications.

 

Methyl Acetate Market Report Snapshots

Methyl Acetate Market Size

Methyl Acetate Market Growth

Methyl Acetate Market Trends

Methyl Acetate Market Share

Methyl Acetate Manufacturers

Methyl Acetate Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a volume of 1,925.27 KMT in 2023.

The market is estimated to grow at a CAGR of 4.1% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 2,750.77 KMT by 2032.

The end uses include paints and coatings, adhesives, inks, personal care, and others.

The key regional markets for methyl acetate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The driving factors include the increasing use of methyl acetate in flexographic printing inks as photoresistor strippers, the rising demand for printing applications, and the expanding packaging sector.

The key market trends include the increasing manufacturing of foam-blowing agents and the significant growth of the e-commerce sector.

The key players in the market include Celanese Corporation, Eastman Chemical Co., Wacker Chemie AG, Haihang Industry Co., Ltd , BASF SE, Kishida Chemical Co., Ltd, Chang Chun Group, Vizag chemical, Henan GP Chemicals Co.,Ltd and IOL Chemicals and Pharmaceuticals Limited, among others.

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+63-287-899-028, +63-967-048-3306

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