Pune, India -- (SBWire) -- 02/05/2019 --There is a positive growth in "Butyl Acetate Market" in last five years and also continued for the forecasted period of 2018 to 2023. Butyl Acetate industry report analyzes the overview of the global market with respect to major regions and segmented by types and applications. Butyl Acetate Market covers top manufacturers, product scope, market overview, market opportunities, market risk, market driving force, technological advancement, distributors, traders, dealers, research findings.
About Butyl Acetate:
Butyl acetate, also known as butyl ethanoate is an organic compound which is majorly used as a solvent for manufacturing lacquers and other products. It is a flammable colorless liquid which is found in various types of fruits. Butyl acetate is commonly used as a synthetic fruit flavoring in certain food products such as cheese, ice creams, candies and baked goods. It is primarily manufactured by the Fischer esterifaction of acetic acid and butanol isomer in the presence of catalytic sulfuric acid. Butyl acetate also serves as a raw material in certain coating, cosmetic and adhesive industries. Various isomers of butyl acetate are produced in the industry such as sec-butyl acetate, tert-butyl acetate and isobutyl acetate.
Some top manufacturers in Butyl Acetate Market BASF, China National Petroleum Corporation, Eastman, Ineos Oxide, Mitsubishi Chemical, Sasol, Dow.
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Scope of the Report:
This report focuses on the Butyl Acetate in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The global market for butyl acetate has witnessed a significant growth over the past few years, primarily driven by the growing demand in the Asia Pacific region. Production facilities of the compound are primarily concentrated in North America and Europe, which also serve as the major exporting regions. Developed regions such as the Middle East is anticipated to gain significant share in the butyl acetate industry on account of increasing efforts by their governments to attract various petrochemical and chemical companies.
Asia Pacific was the largest consumer for butyl acetate consuming a substantial share of the market over the past few years. The market for butyl acetate in emerging economies such as China has been well-established on account of increasing use of automotive paints and coatings. China also serves as a prominent importer for butyl acetate; hence, the market dynamics in the country are strongly dependent on the exporting regions. European market for butyl acetate is anticipated to witness a slow growth rate as various manufacturers are shifting their focus from Europe to Asia Pacific on account of the wide production-demand gap in the latter region. However, demand for butyl acetate from regions in rest of the world (ROW) is expected to rise significantly, primarily driven by huge investments in Saudi Arabia for establishing butyl acetate manufacturing facilities. The Saudi Arabian government has successfully designed its policies for the purpose of attracting certain large scale chemical companies in the country. In addition, easy availability of raw materials for petrochemicals and strategic location of the country have attracted various companies towards establishing their production units in the country.
Butyl Acetate Market Segment by Regions:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Butyl Acetate Market Segment by Type:
> Laboratory Grade
> Industry Grade
> Others
Market Segment by Applications:
> Automotive Industries
> Food and Beverage Industries
> Cosmetic and Adhesive Industries
> Others
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This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report a thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Butyl Acetate market players.
Major Points Included in Report:
Chapter 1, to describe Butyl Acetate Introduction, product scope, Butyl Acetate market overview, market opportunities, market risk, market driving force
Chapter 2, to analyze the top manufacturers of Butyl Acetate, with sales, revenue, and price of Butyl Acetate, in 2016 and 2017
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue, and market share in 2016 and 2017
Chapter 4, to show the global Butyl Acetate market by regions, with sales, revenue and market share of Butyl Acetate, for each region, from 2013 to 2018
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions
Chapter 10 and 11, to show the Butyl Acetate market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018
Chapter 12, Butyl Acetate market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023
Chapter 13, 14 and 15, to describe Butyl Acetate sales channel, distributors, traders, dealers, Research Findings, and Conclusion, appendix and data source
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Butyl Acetate Market by 2018-2023: Latest Updates with Market Shares, Revenue, Topmost Industry Compotators
This report categorises the market based on manufacturers, regions, type and application. The report contains overview including growth factors, market demand, current trends, and forecast research by global studies.