Global Methyl Acetate Market 2024-2028

Global Methyl Acetate Market 2024-2028
The methyl acetate market is forecasted to grow by USD 11721.15 mn during 2023-2028, accelerating at a CAGR of 3.98% during the forecast period. The report on the methyl acetate market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for methyl acetate in paints and coatings industry, rise in production of foam-blowing agents, and increasing use of methyl acetate in food industry.

Technavio's methyl acetate market is segmented as below:

By TypeHigh purityLow purityBy End-userPaints and coatingsInksPersonal careOthersBy Geographical LandscapeAPACNorth AmericaEuropeMiddle East and AfricaSouth AmericaThis study identifies the advancements in packaging industry as one of the prime reasons driving the methyl acetate market growth during the next few years. Also, rise in demand for methyl acetate as food flavoring agent and increasing adoption of flexographic ink will lead to sizable demand in the market.

The report on the methyl acetate market covers the following areas:Methyl acetate market sizingMethyl acetate market forecastMethyl acetate market industry analysisThe 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 market vendors that include ALPHA CHEMIKA, Anhui Wanwei Group Co. Ltd., Celanese Corp., Central Drug House Pvt. Ltd., Chang Chun Group, China Petrochemical Corp., Choice Organochem LLP, Eastman Chemical Co., EuroChem Group AG, Gayatri Industries, Henan Haofei Chemical Co. Ltd., Jiangsu Ruifeng Polymer Materials Co. Ltd., Otto Chemie Pvt. Ltd., RXChemicals, Shanxi Sanwei Group Co. Ltd., Sinochem Group Co. Ltd., Solventis Ltd., Sontara Organo Industries, Wacker Chemie AG, and Zhengzhou Meiya Chemical Products Co. Ltd.. 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 all forthcoming growth opportunities.

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 an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth