February 20, 2019: The global butyl acetate market has observed a substantial progress above the former few
years. It was principally motivated by the increasing demand in the Asia
Pacific area. Butyl acetate, is likewise identified as butyl ethanoate, is an
organic composite that is majorly utilized as a solvent for producing lacquers
and other products. Butyl Acetate is a combustible monochrome fluid, which is
originating in numerous kinds of fruits. Butyl acetate is normally utilized as
an artificial fruit essence in certain foodstuff products; for instance cheese,
ice creams, sweeties and baked goods. It is mainly produced by the Fischer
esterification of acetic acid and butanol isomer in the existence of catalytic
sulfuric acid.
Butyl
acetate similarly functions as a raw material in definite covering,
beautifying, and glue manufacturing. Numerous isomers of butyl acetate are
created in the industry; for instance sec-butyl acetate, tert-butyl acetate,
and isobutyl acetate. It is similarly mostly utilized as a solvent in the
manufacture of plastics, textiles, fake leathers, by means of a constituent for
fragrances & artificial essences, and such as an extract for oils &
medicines in the butyl acetate market.
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China,
Germany, and U.S. are the biggest buyers of n-butanol for making butyl acetate.
Progress in this division is motivated by growing usage of paints, lacquers,
and cosmetics. Manufacturing amenities of the composite are mainly concentrated
in the area of North America and Europe, which similarly function as the
foremost exporting counties. Industrialized areas, for instance the Middle East
is expected to achieve significant stake in the butyl acetate market because of
growing hard work by their governments to attract numerous petrochemical and
chemical firms. Asia Pacific was the biggest customer for butyl acetate in the
last few years. The butyl acetate market in developing countries; for example
China has been deep-rooted because of growing usage of automotive paints and
coatings.
Call
for butyl acetate from areas in rest of the world (ROW) is likely to increase
meaningfully, principally motivated by massive savings in Saudi Arabia for
starting butyl acetate producing amenities. The Saudi Arabian government has
effectively planned its strategies for the purpose of inviting certain big
scale chemical firms in the nation.
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Market Segment:
The major manufacturers covered in this
report
•
Eastman Chemical Company
•
Arkema SA
•
Chevron Phillips Chemical
•
Solvay
•
Huntsman Corporation
•
LyondellBasell
The regional scope of the study is as
follows:
•
North America
•
United States
•
Canada
•
Mexico
•
Asia-Pacific
•
China
•
India
•
Japan
•
South Korea
•
Australia
•
Indonesia
•
Singapore
•
Rest of Asia-Pacific
The key points of this report are:
•
To analyze and study the global Butyl Acetate capacity, production, value,
consumption, status (2013-2017) and forecast (2018-2025);
•
Focuses on the key Butyl Acetate manufacturers, to study the capacity,
production, value, market share and development plans in future.
•
Focuses on the global key manufacturers, to define, describe and analyze the
market competition landscape, SWOT analysis.
•
To define, describe and forecast the market by type, application and region.
•
To analyze the global and key regions market potential and advantage,
opportunity and challenge, restraints and risks.
•
To identify significant trends and factors driving or inhibiting the market
growth.
•
To analyze the opportunities in the market for stakeholders by identifying the
high growth segments.
•
To strategically analyze each submarket with respect to individual growth trend
and their contribution to the market
•
To analyze competitive developments such as expansions, agreements, new product
launches, and acquisitions in the market
•
To strategically profile the key players and comprehensively analyze their
growth strategies.
Key Stakeholders
•
Butyl Acetate Manufacturers
•
Butyl Acetate Distributors/Traders/Wholesalers
•
Butyl Acetate Subcomponent Manufacturers
•
Industry Association
•
Downstream Vendors
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