- Paints and Coating additives
- Adhesives and Sealants
- Pigments
- Solvents
Middle East And Africa Ethyl Acetate Market size is expected to grow at a CAGR of 4.3% during the forecast period 2024 to 2030. The Middle east and Africa market provides a detailed overview and that can be segmented by application and by end user. By application, the Middle east and Africa ethyl acetate market has been segmented into Paints and Coating additives, Adhesives and Sealants, Pigments, Solvents. The Paints and Coating additives segment is likely to be the largest and fastest-growing segment in terms of type in 2021 and is expected to maintain the trend in the forecasted years according to precision business insights. It is attributed to the rising demand for ethyl acetate in manufacture of coatings, varnishes, and paints. Based on end user, the Middle east and Africa ethyl acetate market is segmented into Food and Beverages, Automotive, Pharmaceuticals, Packaging, and Artificial Leather. The Food and Beverages segment accounts for the largest share in 2021 and is anticipated to register a significant CAGR in the upcoming years. It is due to wide ranging applications of ethyl acetate in food and beverage sector such as add artificial flavors. Ethyl acetate is an organic compound and it is used as solvent especially for paints, varnishes, cleaning mixtures, lacquers, and perfumes. It is a colourless liquid and the ester of ethanol & acetic acid with a characteristic sweet smell. However, replacement of ethyl acetate with other chemicals will hinder the growth of the Middle East and Africa ethyl acetate market.
Middle East And Africa Ethyl Acetate Market Key Development:
In June 2020, INEOS acquired BP's global paraxylene (PX), purified terephthalic acid (PTA) and acetyls businesses.
Middle East and Africa Ethyl Acetate Market Dynamics
Based on application, the Middle East and Africa ethyl acetate market is segmented into paints and coating additives, adhesives and sealants, pigments, and solvents. Solvents are expected to dominate the market due to its uses in manufacturing of thinners, varnishes, and nitrocellulose lacquers. Ethyl acetate as solvent is widely used in various industries due to its low toxicity.
Country Analysis
Middle East and Africa Ethyl Acetate Market
Middle East and Africa ethyl acetate market report analyses the market in different countries Middle East and Africa. Gulf Cooperation of Council Countries accounted for major revenue share in Middle East and Africa due to increased demand of packaging from the growing population.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The middle east and africa ethyl acetate market report provides granular level information about the market size, country market share, historic market (2019-2023) and forecast (2024-2030)
- The report covers in-detail insights about the competitors overview, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startups details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework
Middle East And Africa Ethyl Acetate Market Segmentation
By Application
By End User
- Food and Beverages
- Automotive
- Pharmaceuticals
- Packaging
- Artificial Leather
Frequently Asked Questions
The chemical compound is highly flammable and toxic and can be extremely damaging to the internal organs. These factors may hamper the global market growth.
Historic years considered for the market study are 2017 through 2021, 2021 is considered as the base year for market estimation and Seven years forecast presented from 2022 – 2028.
2023 is the base and 2030 is the forecast year.
The Middle East and Africa Ethyl Acetate Market data: Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
The key players of Middle East and Africa Ethyl Acetate Market are INEOS Carbohim Wood and Chemical Company Jubilant Life Sciences Ltd Celanese Corporation EniChem SEKAB Indo Acidatama Tbk Chiba Ethyl Acetate Co., Ltd The Nippon Synthetic Chemical Industry Co. Ltd Dairen Chemical Corporation
| 1.Executive Summary |
| 2. Middle East And Africa Ethyl Acetate Market Introduction |
| 2.1. Middle East And Africa Ethyl Acetate Market - Taxonomy |
| 2.2. Middle East And Africa Ethyl Acetate Market - Definitions |
| 2.2.1.Application |
| 2.2.2.End User |
| 2.2.3.Country |
| 3. Middle East And Africa Ethyl Acetate Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Middle East And Africa Ethyl Acetate Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Middle East And Africa Ethyl Acetate Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Paints and Coating additives |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Adhesives and Sealants |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Pigments |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Solvents |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Middle East And Africa Ethyl Acetate Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Food and Beverages |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Automotive |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Pharmaceuticals |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Packaging |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Artificial Leather |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Middle East And Africa Ethyl Acetate Market By Country, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Middle East and Africa (MEA) |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. GCC Countries |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. South Africa |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Rest of MEA |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8. Competition Landscape |
| 8.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 8.2.1.INEOS |
| 8.2.2.Carbohim Wood and Chemical Company |
| 8.2.3.Jubilant Life Sciences Ltd |
| 8.2.4.Celanese Corporation |
| 8.2.5.EniChem |
| 8.2.6.SEKAB |
| 8.2.7.Indo Acidatama Tbk |
| 8.2.8.Chiba Ethyl Acetate Co., Ltd |
| 8.2.9.The Nippon Synthetic Chemical Industry Co. Ltd |
| 8.2.10.Dairen Chemical Corporation |
| 9. Research Methodology |
| 10. Appendix and Abbreviations |
- INEOS
- Carbohim Wood and Chemical Company
- Jubilant Life Sciences Ltd
- Celanese Corporation
- EniChem
- SEKAB
- Indo Acidatama Tbk
- Chiba Ethyl Acetate Co., Ltd
- The Nippon Synthetic Chemical Industry Co. Ltd
- Dairen Chemical Corporation