The Market Reports

Synopsis
The global market for Methyl Acetate was estimated to be worth US$ 253 million in 2024 and is forecast to a readjusted size of US$ 476 million by 2031 with a CAGR of 8.1% during the forecast period 2025-2031.
Methyl acetate is a clear, colorless, neutral liquid with a mild, ester-like odor. It is one of the best solvents available. It is used predominantly for dyes and in the coatings, adhesives, cosmetics, plant-protection and pharmaceutical industries. It is occasionally used as a solvent, being weakly polar and lipophilic, but its close relative ethyl acetate is a more common solvent being less toxic and less soluble in water.
Global Methyl Acetate key players include Eastman, Wacker, Celanese, Anhui Wanwei Group, Sichuan Chuanwei Group, etc. Global top five players hold a share about 40%. China is the largest market, with a share about 55%, followed by Europe and North America, having a total share about 20 percent. In terms of product, Pure Methyl Acetate is the largest segment, with a share about 55%. And in terms of application, the largest application is Organic Solvent, followed by Intermediate, Cleaning agents, etc.
Market drivers
Industrialization drive
Global demand growth: Methyl acetate, as an important chemical raw material, is widely used in coatings, inks, adhesives and other fields. As the global industrialization process accelerates, its demand continues to grow.
The rise of emerging markets: Economic growth in developing countries (such as China and India) drives demand. The Asian market is growing fastest.
Environmental protection policy promotion
Low VOC advantage: Methyl acetate has low volatility, meets the requirements of environmental protection policies, and gradually replaces traditional harmful solvents (such as benzene and toluene).
Policy support: China's "14th Five-Year Plan for Ecological and Environmental Protection" promotes the application of environmentally friendly materials, and methyl acetate has penetrated deeper in coatings, detergents and other fields.
Technological innovation drive
Production process optimization: New processes (such as dimethyl ether carbonylation and reactive distillation) improve production efficiency and reduce costs.
This report aims to provide a comprehensive presentation of the global market for Methyl Acetate, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Methyl Acetate by region & country, by Type, and by Application.
The Methyl Acetate market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Methyl Acetate.
Market Segmentation
By Company
Eastman
Wacker
Celanese
Anhui Wanwei Group
Sinopec Chongqing SVW Chemical
Chang Chun Group
Hunan Xiangwei Group
Sinochem Qingdao
Shanxi Sanwei Group
Ruibai Group
Zhangzhou Oushuo Chemical
Changzhi Huojia Industrial
Sinochem Plastic
Segment by Type
Pure
Coarse
Segment by Application
Organic Solvent
Intermediate
Cleaning agents
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Methyl Acetate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Methyl Acetate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Methyl Acetate in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index