Industry

Butyl Acetate Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: by Type (Laboratory Grade, Industry Grade, Others); Applications (Automotive Industries, Food and Beverage Industries, Cosmetic and Adhesive Industries, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Report Code : 

TIPRE00012624

No. of Pages : 150
Published Month : Apr 2024
Category : Chemicals and Materials

The Butyl Acetate Market is expected to register a CAGR of 4% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by application (solvents, additives and others). The report further presents analysis based on end use industry (paints and coatings, personal care and cosmetics, pharmaceuticals, food, printing inks, automotive and others). The global analysis is further broken-down at regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis and segments. The report provides key statistics on the market status of the key market players and offers market trends and opportunities.

Purpose of the Report

The report Butyl Acetate Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Butyl Acetate Market Segmentation

Application

  • Solvent
  • Additives

End Use Industry

  • Paints and Coatings
  • Personal Care and Cosmetics
  • Pharmaceuticals
  • Food
  • Printing Inks
  • Automotive

Butyl Acetate Market Growth Drivers

  • Coatings Industry Drives Demand: One of the leading factors is the high demand for butyl acetate in the coatings industry. Butyl acetate serve the purpose of a solvent in paint, varnish, and coating formulations owing to its good solvency and high evaporation rate. With the growth of the construction and automobile industries, there is a growth in demand for coatings which in turn leads to the rise in consumption of butyl acetate. The shift to safer low VOC coatings helps the market since manufacturers need solvents that can meet strict environmental laws.
  • Adhesives Market Expansion: Butyl acetate is also extensively employed in making adhesives and sealants, which find use in packaging, automotive as well as construction industries. Increasing need for strong as well as high rigidity adhesives, especially in automotive and building construction sector, stimulates the growth of butyl acetate market. As the focus of manufacturers shifts to creating better and advanced binding agents, the amount of butyl acetate used as a solvent and an ingredient in these systems is likely to increase.
  • Textile Applications Growing: The other prominent end use industry for butyl acetate is the textile industry where it is used for dyeing and finishing. Furthermore, expansion of textile industry, especially in developing countries, is also contributing to the demand for butyl acetate.

Butyl Acetate Market Future Trends

  • Technological Advancements in Butyl Acetate Production: Over the last few years, the use of butyl acetate has increased significantly in consumption as well as application. One reason for this is the changes in the technology and processes used to synthesize the chemical better referred to as butyl acetate. Enhancements such as advanced catalytic systems, incorporation of renewable raw materials and many others are improving production efficiency and cutting down negative effects on the environment. Thus, they help in raising the cost effectiveness of production while meeting the emerging markets for clean chemicals, thereby making butyl acetate attractive to consumers.
  • Sustainability Trends in the Chemical Industry: Bio-based butyl acetate is widely studied and explored for development. As a result of these trends various industries are recognizing the challenges concerning environmental protection due to which the use of bio-based alternatives increases. This is because companies are more focused on creating butyl acetate from renewable resources. This is in line with the strategic move to ensure sustainability in the organisation and also opens up other possibilities in terms of variations of the products manufactured.
  • Leveraging Automation and IoT for Improved Efficiency: Digitalization of the butyl acetate market can be discerning in terms of production and management of supply chain. Businesses are transforming their processes through automation, data analytics, and internet of things (IoT) technology. Such technologies allow processes taking place in a plant to be monitored as they are taking place which improves on efficiency and cut down on wastage. These provide an opportunity for manufacturers to also elevate their standards of products and services in relation to the demand in the markets and improve their competitiveness.

Butyl Acetate Market Opportunities

  • Boosting Demand for Butyl Acetate in Performance Formulations: New developments in the structure of the coatings can facilitate production of new coatings which are resistant to wear and tear, harsh weather conditions and are appealing. With coatings that are today being developed that are focused on certain performance requirement by various industries, the need for butyl acetate in these advanced formulations is projected to increase, thus making it marketable.
  • Expanding Opportunities for Butyl Acetate Consumption: Sustained growth in the economy will lead to advancement mostly in the industrial and urban sectors which will create an upsurge in the consumption of butyl acetate in many sectors. Such developments can be beneficial for the manufacturers by enabling them to put up production facilities or partner with local companies. Localizing products will help companies expand their customer base and enhance the growth of butyl acetate present in the market.
  • Driving Innovation and New Applications for Butyl Acetate: Butyl acetate manufacturers have an opportunity to make changes to their products and find new uses through working with universities and technology companies. There is an establishment of external business resources and capabilities that helps in harnessing the external environment and enables the company to grow new products and innovative technologies. This effort helps bring new products and new technologies to the market that are superior in performance and environmentally friendly, which helps in establishing the companies at the forefront of the developing markets.

Butyl Acetate Market Regional Insights

The regional trends and factors influencing the Butyl Acetate Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Butyl Acetate Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

  • Get the Regional Specific Data for Butyl Acetate Market

Butyl Acetate Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 4%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Application
  • Solvent
  • Additives
By End Use Industry
  • Paints and Coatings
  • Personal Care and Cosmetics
  • Pharmaceuticals
  • Food
  • Printing Inks
  • Automotive
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • BASF SE
  • Celanese Corporation
  • Dow
  • Eastman Chemical Company
  • INEOS
  • Solvay
  • Solventis
  • Merck KGaA
  • Thermo Fisher Scientific Inc

  • Butyl Acetate Market Players Density: Understanding Its Impact on Business Dynamics

    The Butyl Acetate Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Butyl Acetate Market are:

    1. BASF SE
    2. Celanese Corporation
    3. Dow
    4. Eastman Chemical Company
    5. INEOS

    Disclaimer: The companies listed above are not ranked in any particular order.



    • Get the Butyl Acetate Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Butyl Acetate Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Butyl Acetate Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    The List of Companies

    1. Alfa Aesar GMBH and CO KG
    2. BASF SE
    3. Celanese Corporation
    4. China National Petroleum Corporation
    5. Eastman Chemical Company
    6. INEOS Oxide Ltd
    7. Mitsubishi Chemical
    8. Sasol Limited
    9. The Dow Chemical Company
    10. Yangtze River Acetyls
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    Frequently Asked Questions

    What is the future trend for butyl acetate market?

    Development of high performance coatings is expected to be the key market trends

    Based on geography, which region held the largest share of the butyl acetate market?

    Based on geography, Asia Pacific held the largest share of the butyl acetate market due to growth in the paints and coatings as well as automotive industry

    What are the driving factors impacting the butyl acetate market?

    Growth demand in the coating industry is driving the market growth

    What are the key players operating in the butyl acetate market?

    BASF SE; Celanese Corporation; Dow; Eastman Chemical Company; Solvay are some of the key players operating in the butyl acetate market

    Which is the fastest growing segment based on end use industry?

    Based on end use industry, the paints and coatings segment is expected to witness the fastest growth during the forecast period

    What is the expected CAGR of the Butyl Acetate Market?

    The Butyl Acetate Market is estimated to witness a CAGR of 4% from 2023 to 2031