Precision Business Insights has published a report on the global butyl acetate market, estimating its value at USD 14.75 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 3.6% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/butyl-acetate-market
The Butyl Acetate market includes the worldwide manufacture, sale, and use of butyl acetate (also known as butyl ethanoate), a colorless, combustible organic ester with a pleasant, fruity odor. It is a versatile solvent used in a variety of industries, having been synthesized by esterifying n-butanol and acetic acid.
Drivers:
- Rising demand for decorative and protective coatings in construction and automotive industries
- Increased use in automotive refinishing and OEM coatings
The global butyl acetate market segmentation:
1) By Application: Paint & Coating Industry, Cosmetic & Pharmaceutical Industry, Perfumes & Flavor Industry, Others
2) By End User: Automotive, Home Building
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Regional Overview:
The report also examines the current concerns and their Future Effects on the butyl acetate market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the butyl acetate market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like OXEA, BASF SE, Celanese Corporation, China National Petroleum Corporation, Eastman Chemical Company, INEOS Oxide Ltd, Dow Chemical Company, Sasol Limited, Yangtze River Acetyls
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