Butyl acetate, also known as butyl ethanoate is an organic compound used mainly as a solvent for the production of varnishes and other products. It is a colorless flammable liquid that is found in various types of fruits. Butyl acetate is commonly used as a synthetic fruit flavor in certain food products such as cheese, ice cream, candy and baked goods.
It is mainly produced by the Fischer esterification of acetic acid and the butanol isomer in the presence of catalytic sulfuric acid. Butyl acetate is also used as a raw material in certain coating, cosmetic and adhesive industries. Different isomers of butyl acetate are produced in industry such as sec-butyl acetate, tert-butyl acetate and isobutyl acetate. The global market for butyl acetate has experienced significant growth over the past few years, driven primarily by increasing demand in the Asia Pacific region. The complex’s production facilities are mainly concentrated in North America and Europe, which also serve as the main export areas.
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Asia Pacific has been the largest consumer of butyl acetate consuming a considerable share of the market over the past few years. The market for butyl acetate in emerging economies such as China is well established due to the increasing use of automotive paints and coatings. China also serves as a prominent importer of butyl acetate; Thus, the market dynamics in the country is highly dependent on the export regions. The European butyl acetate market is expected to witness a slow growth rate as various manufacturers are shifting their focus from Europe to Asia Pacific due to the wide production-demand gap in the latter region. However, demand for butyl acetate from regions in the rest of the world (ROW) is expected to increase significantly, Driven mainly by huge investments in Saudi Arabia to set up facilities for the production of butyl acetate. The government of Saudi Arabia has successfully designed its policies to attract large-scale chemical companies to the country. In addition, the easy availability of raw materials for petrochemicals and the country’s strategic location attracted various companies towards the establishment of their production units in the country.
Increased use of water-based coatings and automotive paints is expected to be the main driving factor for the growth of the butyl acetate market over the next few years. Moreover, the growing demand for butyl acetate in cosmetics and adhesives is also expected to contribute to the growth of the market. However, the growing health concerns regarding the hazardous use of butyl acetate is expected to hamper the market growth. Excessive exposure to butyl acetate causes irritation in the human body. Therefore, various health organizations were involved in continuous monitoring of exposure levels. Increasing R&D activities to develop innovative products such as tert-butyl acetate as a substitute for volatile organic compounds (VOCs) are expected to provide new opportunities for market growth. Alfa Aesar GMBHh & CO KG,
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Key geographies assessed in this report are:
- North America
- Europe
- France, Germany, Italy, Spain and Great Britain
- East Europe
- CIS
- APAC
- porcelain
- India
- Japan
- Australia
- others
- Latin America
- Argentina
- Brazil
- others
Key features of this report
- Drivers, restraints and challenges are shaping the dynamics of the Butyl Acetate market
- The latest innovations and key industry events
- Analysis of business strategies of the leading players
- Butyl Acetate Market Estimates and Forecasts (2015 -2021)
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