Global Alkyl Acetates Market trends research and
projections for 2019-2025: Global Market Insights Inc.
According to new Global Market Insights, Inc, chemical research report Alkyl Acetates
Market size is anticipated to witness gains owing to its utilization in adhesive, paints &
coatings, pharmaceutical, cosmetic and personal care application. Alkyl acetate
compounds are formed by combining alkyl group on acetate atoms and are
characterized by numbers of carbon atoms. Alkyl acetates including methyl acetate,
ethyl acetate, n-butyl acetate, n-propyl acetate, isopropyl acetate and isobutyl acetate
are extensively utilized for their distinct characteristics.
Global paints & coatings market is anticipated to surpass USD 200 billion by 2022
owing to increasing demand from end use industries including automotive,
construction and furniture. Ethyl acetate is widely utilized in nitrocellulose and cellulose
acetate manufacturing which are used as primary products in paints & coatings
processing which may fuel alkyl acetates market size by 2025.
Expanding agricultural sector owing to supportive government initiatives including
subsidizing agrochemical products may fuel product demand. Ethyl acetates is utilized
as inert chemical and solvent for pesticides production owing to its antibacterial
properties which helps in shielding crops from pest, mites and insect. These factors
are likely to stimulate alkyl acetates market size in foreseeable timeframe.
Global adhesives & sealants market may surpass USD 80 billion by 2025 owing to its
wide usage in construction, automotive and packaging industry. N-propyl acetate is
utilized in adhesive manufacturing owing to its high bonding power along with
maintaining high stability by resisting surfaces from moisture thereby improving
strength, robustness and durability which may fuel alkyl acetates market size by 2025.
Global pharmaceutical market is projected to surpass USD 1.5 trillion by 2023 owing
to increasing prevalence of general medical ailments including infection, cold and fever
may propel product demand. N-butyl acetate is utilized in Penicillin G manufacturing
which is widely utilized across the globe for fighting bacterial infection and shielding
body from detrimental microbes which may propel alkyl acetates market size.
Direct exposure to alkyl acetates for shorter period can lead to irritation in eyes, throat
and nose which is followed by headache, vomiting and nausea. However, exposure
for longer period can cause depression and congestion of kidney and liver along with
causing chronic medical ailments including leucocytosis (transient increase in the
white blood cell count) and anaemia which may challenge alkyl acetates industry
profitability.
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