Global Butyl Acetate Market Insights and Forecast to 2027

Butyl acetate, also known as butyl ethanoate is an organic compound which is majorly used as a solvent for manufacturing lacquers and other products. It is a flammable colorless liquid which is found in various types of fruits. Butyl acetate is commonly used as a synthetic fruit flavoring in certain food products such as cheese, ice creams, candies and baked goods. It is primarily manufactured by the Fischer esterifaction of acetic acid and butanol isomer in the presence of catalytic sulfuric acid. Butyl acetate also serves as a raw material in certain coating, cosmetic and adhesive industries. Various isomers of butyl acetate are produced in the industry such as sec-butyl acetate, tert-butyl acetate and isobutyl acetate. 
The global market for butyl acetate has witnessed a significant growth over the past few years, primarily driven by the growing demand in the Asia Pacific region. Production facilities of the compound are primarily concentrated in North America and Europe, which also serve as the major exporting regions. Developed regions such as the Middle East is anticipated to gain significant share in the butyl acetate industry on account of increasing efforts by their governments to attract various petrochemical and chemical companies. 

Market Analysis and Insights: Global Butyl Acetate Market
The global Butyl Acetate market is valued at US$ 1352 million in 2019. The market size will reach US$ 1406.5 million by the end of 2026, growing at a CAGR of 0.6% during 2021-2026.

Global Butyl Acetate Scope and Segment
Butyl Acetate market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Butyl Acetate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Laboratory Grade
Industry Grade
Others

Segment by Application
Automotive Industries
Food and Beverage Industries
Cosmetic and Adhesive Industries
Others

By Company
BASF
China National Petroleum Corporation
Eastman
Ineos Oxide
Mitsubishi Chemical
Sasol
Dow

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions