Global Ethyl Acetate Market Size & Outlook, 2022-2030
The global ethyl acetate market size was estimated at USD 5,481.6 million in 2022 and is projected to reach USD 9,293.7 million by 2030, growing at a CAGR of 6.8% from 2023 to 2030.
Revenue, 2022 (US$M)
$5,481.6
Forecast, 2030 (US$M)
$9,293.7
CAGR, 2023 - 2030
6.8%
Report Coverage
Worldwide
Global ethyl acetate market, 2018-2030 (US$M)
Related Markets
Global ethyl acetate market highlights
- The global ethyl acetate market generated a revenue of USD 5,481.6 million in 2022 and is expected to reach USD 9,293.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.8% by 2030.
- In terms of segment, paint and coatings accounted for a revenue of USD 3,249.0 million in 2022.
- Paint and Coatings is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 5,481.6 million |
| Market revenue in 2030 | USD 9,293.7 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Paint and coatings |
| Fastest growing segment | Paint and Coatings |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Paint and Coatings, Inks, Process Solvents, Pigments, Other |
Other key industry trends
- In terms of revenue, the North America accounted for 15.6% of the global ethyl acetate market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 443.8 million by 2030.
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Ethyl Acetate Market Scope
Ethyl acetate market segmentation & scope
Ethyl Acetate Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Yip's Chemical Holdings | View profile | 1001-5000 | Wanchai, Guangdong, China, Asia | http://www.yipschemical.com/ |
| Showa Denko | View profile | 5001-10000 | Tokyo, Tokyo, Japan, Asia | https://www.sdk.co.jp/english/ |
| Iol Chemicals & Pharmaceutical | View profile | 1001-5000 | Ludhiana, Punjab, India, Asia | https://www.iolcp.com/ |
| KAI Group | View profile | 11-50 | Tokyo, Tokyo, Japan, Asia | https://www.kai-group.com/ |
| Sipchem | View profile | 5001-10000 | Al Khobar, Ash Sharqiyah, Saudi Arabia, Asia | http://www.sipchem.com |
| Jubilant Pharmova | View profile | 10001+ | Noida, Uttar Pradesh, India, Asia | https://www.jubilantpharmova.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| Daicel Corp | View profile | 12480 | Grand Front Osaka Tower-B, 3-1, Ofuka-cho, Kita-ku, Osaka, Japan | http://www.daicel.com |
| Sasol Ltd | View profile | 29073 | 50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, South Africa, 2196 | https://www.sasol.com |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
| Solvay SA | View profile | 9000 | Rue De Ransbeek, 310, Brussels, Belgium, B-1120 | https://www.solvay.com |
| Celanese Corp Class A | View profile | 12410 | 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, United States, 75039-5421 | https://www.celanese.com |
| Eastman Chemical Co | View profile | 14000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | https://www.eastman.com |
Global ethyl acetate market size, by regions, 2018-2030 (US$M)
Top 10 countries: Ethyl acetate market size, 2022 (US$M)
Global ethyl acetate market share, by application, 2022 & 2030 (%, US$M)
Ethyl acetate market: Opportunity assessment by country
Global ethyl acetate market, by region, 2022 (US$M)
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