The report provides insights on the following:
The global demand for ethyl acetate products is estimated to grow at a CAGR of 4.5 percent until 2022. Asia's ethyl acetate capacity is excessive, whereas Europe and North America are dependent on imports from Asia to cater to their domestic demand. The global supply of ethyl acetate is being driven by the demand for paints, coatings, and adhesives in the developing regions, such as China, India, LATAM, etc.
The key demand drivers of the ethyl acetate market include end-use industry: paints &; coatings and adhesive industry. Opportunities: Demand from paints & coatings and adhesives in the emerging economies. Challenges: regulations on usage of solvents, matured downstream industries in Europe and North America. Since a considerable amount of demand volume is met through imports, coming from South Africa, China, and India, North American players prefer contract over spot pricing to ensure supply security, quality, and safeguarding themselves from the price fluctuations. Owing to less supply, Europe is highly import-driven, and any discrepancy in imports is likely to cause an impact on the ethyl acetate prices. Europe and North America rely mainly on imports. A total capacity of 283,000 MTPA is expected to come online by 2023 globally. With most of the additions planned in North America and Europe, import dependency of these regions is expected to reduce marginally.
The report also provides a detailed discussion of the market outlook in regions such as North America, Europe, and the APAC. It explores global trade dynamics, imports & exports, and industrial analysis of the global ethyl acetate market. This includes Porter's five forces analysis for different regions and is followed by an overview of industry drivers and constraints. The report also explores the latest industry trends and events, along with supplier profiles and pricing analysis.
The report gives a cost structure and ethyl acetate price trend analysis. It lists out the key suppliers and gives SWOT analysis of players like Jiangsu Sopo (Group) Co., Ltd., Shanghai Huayi Acrylic Acid Co., Ltd., etc.
Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.
Category Intelligence on Ethyl Acetate covers the following