Worldwide Propyl Ethanoate Industry Size: Insights, Growth Trends and Forecast
Report ID : 1356033 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Propyl Ethanoate Industry is categorized based on Application (Adhesives, Coatings, Inks, Personal Care Products, Food Additives) and End-Use Industry (Chemical Industry, Pharmaceuticals, Food and Beverage, Cosmetics, Automotive) and Formulation Type (Solvent-based, Water-based, Powder-based, Paste-based, Emulsion-based) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the size of the Propyl Ethanoate Industry was valued at $1.2 billion and is anticipated to reach $2.5 billion by 2033, expanding at a 8.0% CAGR between 2024 and 2033. The report encompasses multiple segments and provides an analysis of significant trends and factors impacting the market.
Food and beverage, pharmaceuticals, and cosmetics industries are some of the sectors propyl ethanoate is utilized which has resulted in a notable surge in the demand for propyl ethanoate. The flavoring and fragrance industries, along with industrial solvent manufacturers, also contribute to the growth of propyl ethanoate's market value since its pleasant aroma and dissolving properties are of high value. Moreover, because propyl ethanoate is capable of dissolving a great quantity of compounds, it improves product formulations from a variety of sectors, enhancing these industrie's value.
The most recent shifts in the B2B environment centered around Sustainability and Innovation have altered the focus towards eco-efficient chemical products thereby making propyl ethanoate – known for its low toxicity and biodegradable nature – the primary key focus. With the aim to exploit these opportunities, marketers are now required to analyze the dynamics of the propyl ethanoate market which also includes studying the existing and new competitors operating within this space to identify gaps that can be bridged and earn profit.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | BASF SE, Eastman Chemical Company, Huntsman Corporation, SABIC, Solvay S.A., Oxea GmbH, Mitsubishi Chemical Corporation, Dow Inc., Lanxess AG, Evonik Industries AG, Taminco (a subsidiary of Eastman) |
| SEGMENTS COVERED |
By Application - Adhesives, Coatings, Inks, Personal Care Products, Food Additives
By End-Use Industry - Chemical Industry, Pharmaceuticals, Food and Beverage, Cosmetics, Automotive
By Formulation Type - Solvent-based, Water-based, Powder-based, Paste-based, Emulsion-based
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
Propyl Ethanoate Industry Dynamics
The Propyl Ethanoate Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
Propyl Ethanoate Industry Segmentations
Market Breakup by Application
- Overview
- Adhesives
- Coatings
- Inks
- Personal Care Products
- Food Additives
Market Breakup by End-Use Industry
- Overview
- Chemical Industry
- Pharmaceuticals
- Food and Beverage
- Cosmetics
- Automotive
Market Breakup by Formulation Type
- Overview
- Solvent-based
- Water-based
- Powder-based
- Paste-based
- Emulsion-based
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the Propyl Ethanoate Industry
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- BASF SE
- Eastman Chemical Company
- Huntsman Corporation
- SABIC
- Solvay S.A.
- Oxea GmbH
- Mitsubishi Chemical Corporation
- Dow Inc.
- Lanxess AG
- Evonik Industries AG
- Taminco (a subsidiary of Eastman)
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Company Profiling
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
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● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
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