North America led by Mexico, Canada and U.S. alkyl acetates market size is projected
to stimulate due to growing construction and infrastructural development. These
products help in paints & coating manufacturing owing to its high adhesive power
which holds wall surfaces for longer period thereby maintaining its durability. It also
provides an emulsion layer on walls which resist wall from thermal & UV, heat, and
water which may fuel market size by 2025.
Europe driven by UK, Spain, Italy, France and Germany alkyl acetates market size
may register significant gains. Growing pharmaceutical industry due to civil
infrastructural development which includes nurseries, clinics and hospitals will favour
regional product demand. It is utilized in penicillin and anti-cancer drugs manufacturing
which shield body from fatal cancerous tumours growth. These factors are likely to
boost alkyl acetates market size in foreseeable timeframe.
Asia Pacific market led by Australia, South Korea, Japan, India and China alkyl
acetates market size may witness steady gains owing to increasing milk production
which will promote dairy products manufacturing. This product is utilized in cheese,
milk, creams and ice cream making owing to its property of improving taste and texture
which may fuel market growth by 2025.
Global alkyl acetates market share is moderately fragmented with major players
includes Sipchem, INEOS, Eastman Chemical Company, Arkema, The Dow Chemical
Company, Celanese Corporation and Yangtze River Acetyls.
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