Butyl Acetate Market Plying for Significant Growth During 2015 – 2021 22nd June | Page 2
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Increased use of water-based coatings and automotive paints is expected to be the major driving
factor for the growth of butyl acetate market over the next few years. Moreover, growing demand
for butyl acetate in cosmetic products and adhesives is also expected to contribute towards the
growth of the market. However, increasing health concerns regarding the hazardous use of butyl
acetate is expected to hamper the growth of the market. Over exposure to butyl acetate causes
irritation to human body. Hence, various health organizations have been involved in continuously
monitoring the exposure levels. Increasing R&D activities towards developing innovative products
such as tert-butyl acetate as a substitute to volatile organic compounds (VOCs) are expected to
provide new opportunities for the growth of the market.
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Alfa Aesar GMBHh & CO KG, BASF SE, China National Petroleum Corporation, Eastman
Chemical Company, Ineos Oxide Ltd, Mitsubishi Chemical Corporation, Sasol Limited, and The
Dow Chemical Company are some of the key manufacturers of butyl acetate dominating the
market.
Key geographies evaluated in this report are:
North America
U.S
Canada
Europe
France, Germany, Italy, Spain, and the UK
Eastern Europe
CIS
APAC
China
India
Japan
Australia
Others
Latin America
Argentina