CATEGORY

Ethyl Acetate

The global demand of ethyl acetate is estimated at ~4.0 MMT in 2019, expected to grow at a CAGR of 4.5 percent until 2023.

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Ethyl Acetate Market Monitoring Dashboard

Price Trend
2095.00
Feb-2023
EUR/MT
History Forecast
Supply Demand

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Ethyl Acetate Industry Benchmarks

Savings Achieved

(in %)

The average annual savings achieved in Ethyl Acetate category is 6.50%

Payment Terms

(in days)

The industry average payment terms in Ethyl Acetate category for the current quarter is 90.0 days

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Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Ethyl Acetate Suppliers

    1,470
    Total Suppliers
    14
    Diverse Suppliers
    73
    Normalized Supplier Rating
    Ethyl Acetate Supplier

    Find the right-fit ethyl acetate supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    BASF SE
    Location
    Jackson, Mississipi
    Duns number
    3862211
    D&B SER Rating
    dnb logo

    Up to 3 months

    1 9
    1
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Creditsafe Rating

    D/2

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    A 71 - 100

    Very Low Risk

    B 51 - 70

    Low Risk

    C 30 - 50

    Moderate Risk

    D 21 - 29

    High Risk

    E 0 - 20

    Not Rated

    Moody`s ESG Solution
    ESG Profile
    Company and Sector Performance
    59
    100
    Robust (1)
    ESG Perfomance (/100)
    Environment
    60
    Social
    59
    Governance
    57
    6 Domains Performance (/100)
    Business behaviour
    62
    Human rights
    68
    Community Environment
    42
    Corporate governance
    60
    Human resources
    61
    Security Scorecard
    82
    Threat indicators
    B
    83
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    62
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    80
    Application Security
    Detecting common website application vulnerbilities
    B
    81
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    85
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    94
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked
    Industry Comparison
    basf.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    17
    Workforce Health Safety Issues
    0
    Product Service Issues
    22
    Human Rights Issues
    3
    Production Supply Chain Issues
    35
    Environmental Non Compliance Flags
    74
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    21
    Fraud Issues
    8
    Labor Health Safety Flags
    12
    Regulatory Issues
    13
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    49
    Discrimination Workforce Rights Issues
    3
    esg controversies critical severity
    Yes

    Ethyl Acetate market frequently asked questions

    As per Beroe's Inc. report, the global demand for ethyl acetate products is expected to grow at a CAGR of 4.5 percent by 2022. Asia holds the largest ethyl acetate market size/share with around 81.5 percent, followed by EU at 6.9 percent, and North America with 1.7 percent.

    The key trends to watch out for in the ethyl acetate market are: The capacity-demand gap is expected to narrow down as the capacity additions may not cater to the expected increase in demand The rise in the construction sector and increase in auto sales is increasing the demand for paints, coatings, and adhesives in developing regions, like China, India, LATAM, etc. which will further drive the demand for ethyl acetate. India and China would remain the maximum demand-generating countries until 2021 due to a considerable increase in auto sales and growth in the construction sector.

    Ethyl Acetate market report transcript

    Impact on CPG

    • CPG buyers are small volume buyers for ethyl acetate manufacturers compared with paints and coatings and adhesive buyers 
    • CPG players in North America and Europe have fewer options, due to the presence of only a few players
    • The buyers have less leverage during contract negotiations and have to contend with high  ethyl acetate prices and supply unavailability during tight supply situations

    ethyl acetate market

    Global Capacity - Demand Analysis

    • The excess supply in Asia is exported to North America and Europe
    • More capacity additions/expansions are required, then the current announcements to avoid the reduction in capacity–demand gap

    Market Outlook

    • At a global level, there is excess capacity, however, this excess capacity is concentrated in Asia
    • Europe and North America are currently relying on imports from Asia, due to insufficient domestic capacity
    • Huge capacity additions in China and India, before 2010, led to excess capacity in APAC. Saudi Arabia's Saudi International Petrochemical (Sipchem) capacity addition in 2013 further increased the capacity in APAC
    • These capacity additions are lesser than the expected increase in demand during 2018 – 2022

    Engagement Outlook

    • Low volume buyers in North America and Europe are recommended to have long-term contracts, with ethyl acetate manufacturers for supply security
    • In Asia, with surplus capacity in the market, buyers can opt for a spot/contract mix, with more preference to the spot