#Ethyl #Acetate #Market #Size #Worth #USD #Million
New York, USA, Oct. 20, 2022 (GLOBE NEWSWIRE) — Ethyl Acetate Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Ethyl Acetate Market Information by Application, End Use, and Region – Forecast till 2027”, the market is estimated to grow at a 9% CAGR to reach USD 4,365.0 Million by 2027.
Market Synopsis
Ethyl acetate is an organic chemical with many applications, including artificial fruit essences, flavorings, ice cream, pastries, tea, and nail paint. It is also referred to as ethyl ethanoate. In the automobile sector, ethyl acetate solvents are utilized in car care products. Since these solvents are also employed in chromatographic separation applications in the pharmaceutical industry, the market is stable. Additionally, they are added to meals and drinks to improve flavor. Ethyl acetate is employed in applications requiring challenging separations since it possesses more than four polarities. Its increased use in the wine business for the research of wine vintage and the distinction of different wines is due to its employment in column chromatography applications.
The most prevalent use of this substance, which has no color, is in glues. Alcohol, ketones, and Easter’s are all soluble in ethyl acetate and are also quite flammable. Additionally, it has been used for paint removal, coasting, and cleaning. The ethyl acetate industry is expanding due to the rising demand for ethyl acetate in many industrial applications, rising lather production, soaring use of ethyl acetate in paintings, enamel paints, and other chemical processes changing consumer lifestyles, as well as other widespread applications of ethyl acetate.
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Report Scope:
| Report Attribute | Details |
| 2027 Market Size | USD 4,365.0 Million |
| CAGR | 9% (2021–2027) |
| Base Year | 2020 |
| Forecast Period | 2021–2027 |
| Historical Data | 2019 |
| Forecast Units | Value (Billion) |
Read on GNW: Ethyl Acetate Market Size Worth USD 4,365.0 Million by 2027
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