Ethyl Acetate Market by Application, End-user and Geography - Forecast and Analysis 2023-2027

Published: Oct 2023 Pages: 176 SKU: IRTNTR41141

Ethyl Acetate Market Forecast 2023-2027

The Ethyl Acetate Market size is forecast to increase by USD 1.32 billion at a CAGR of 4.87% between 2022 and 2027. The market's growth hinges on several factors, notably the escalating demand for ethyl acetate from the food processing industry. Additionally, the rising penetration of personal care products in emerging markets contributes significantly, alongside the increased demand for ethyl acetate in construction materials. These trends reflect a broader shift towards the utilization of ethyl acetate across diverse sectors, driving market expansion and reinforcing its importance in various applications.

What will be the Size of the Market During the Forecast Period?

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Market Segmentation

This market report extensively covers market segmentation by application (paints and coatings, printing ink, process solvents, and others), end-user (construction, automotive, furniture, food and beverages, and others), and geography (APAC, Europe, North America, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

By Application

The paints and coatings segment is estimated to witness significant growth during the forecast period. There is increasing adoption of ethyl acetate for a wide variety of coating formulations including epoxies, urethanes, cellulosic, acrylics, and vinyl. Some of the key applications of these coatings include wood furniture and fixtures, construction and mining equipment, auto refinishing, and maintenance and marine industries.

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The paints and coatings segment was the largest segment and was valued at USD 2.35 billion in 2017. Additionally,  ethyl acetate is widely used in cleaner blends for the removal of oils, grease, and soils with most organic solvents. Some of the key end-user industries of the paints and coatings industry include construction machinery, agricultural machinery, and automotive. The growth of these industries will significantly fuel the growth of this segment. Therefore, factors such as the rise in construction activities globally fuel the demand for wood coatings, in turn increasing the consumption of ethyl acetate, thereby driving the market growth during the forecast period.

By Region

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APAC is estimated to contribute 76% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. One of the main factors that are significantly contributing to the growth of the market in APAC includes the rising demand for processed foods in the region, especially in countries such as India, China, Indonesia, Australia, and Japan.

Additionally, there is an increasing demand for easily available and ready-to-eat processed foods such as pasta, pizzas, burgers, and various types of snacks due to hectic lifestyles in the region. Furthermore, the demand for processed food is fuelled by the increasing number of working professionals, along with the growing number of nuclear families in the region. Hence, the increasing adoption of artificial flavors in processed food will fuel the demand for ethyl acetate in the region. Thus, such factors are expected to drive market growth in APAC during the forecast period.

Market Dynamics and Customer Landscape

In the market, key drivers include increased flexibility in applications such as car care products and environmentally friendly packaging solutions. Easy recyclability and improved shelf life further propel market growth. Trends include the rising demand for ethyl acetate in chromatographic separation processes and solvent-based printing inks. However, challenges persist in the paints & coatings application segment, particularly regarding quick drying and viscosity control. Moreover, ensuring low VOC content while maintaining enhanced adhesion remains a challenge. Overall, the market demonstrates promising growth opportunities driven by its diverse applications across the chemicals industry and pharmaceutical sectors. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

One of the key factors driving the market growth is the rise in demand for ethyl acetate in construction materials, attributed to its increased flexibility, easy recyclability, and improved shelf life. Additionally, ethyl acetate finds extensive use in various applications such as car care products, synthetic leather production, and paints & coatings application segment, owing to its properties like quick drying, low VOC content, and enhanced adhesion. Moreover, it plays a crucial role in chromatographic separation processes and flavoring of food and beverage products, further bolstering its demand in the market. 

Furthermore, various governments, as well as private investors in several countries such as MEA, including Saudi Arabia, the UAE, and Kenya, are heavily investing in the development of luxury hotels and commercial buildings to meet the growing demand of the tourism industry. As a result, it fuels the demand for painting and coatings, which in turn increases the demand for ethyl acetate. Hence, such factors are expected to drive market growth during the forecast period, particularly in the chemicals industry, where ethyl acetate is extensively used for drug synthesis and purification, active pharmaceutical ingredients (APIs), and other pharmaceutical intermediates.

Significant Market Trends

A key factor shaping the market growth is the increasing use of ethyl acetate in the electronics industry. The increasing demand for semiconductor components, data centers, consumer durables, smartphones, electronic goods, and high-technology products, mainly in China, South Korea, India, Thailand, and Indonesia. China, Japan, and Taiwan have significantly fuelled the growth of the global electronics industry. There is high utilization of ethyl acetate as a photoresist formulation in the electronics industry.

Moreover, there is an increasing adoption of ethyl acetate as thinner in the formulation of photosensitive materials as well as for even spin-coating photoresist materials onto silicon wafers. Thus, ethyl acetate is essential for manufacturing acceptable semiconductor chips in the electronics industry. Hence, such factors are expected to drive market growth during the forecast period.

Major Market Challenge

The volatile nature of natural ingredients is one of the key challenges hindering market growth. Organic substances, including natural flavors and fragrance ingredients, are very sensitive to environmental and climatic factors. Some of the key natural conditions that can influence the natural characteristics of these substances include sunlight, moisture, heat, pH, UV radiation, and temperature changes.

Furthermore, these natural ingredients have only limited shelf life, thus they cannot be stored for a longer duration. Additionally, these substances tend to change aroma, taste, and texture when cooked or processed at high temperatures. As ethyl acetate is an organic flavoring ingredient used in food and beverage products, it also tends to change its characteristics which can significantly hinder the market growth during the forecast period.

Key Market Customer Landscape

The market research report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market research and market growth and forecasting strategies.

Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ALPHA CHEMIKA: The company offers ethyl acetate with an extra pure grade of 99.50 percent in 500ml, 2.5L, 5L, and in customizable packages.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Celanese Corp.
  • Chemoxy International Ltd.
  • Daicel Corp.
  • Eastman Chemical Co.
  • Ernesto Ventos SA
  • Esters and Solvents LLP
  • INEOS Group Holdings SA
  • Jiangsu Sopo Corp. Ltd.
  • Merck and Co. Inc.
  • Mitsubishi Chemical Group Corp.
  • Otto Chemie Pvt. Ltd.
  • Saiper Chemicals Pvt Ltd.
  • SEKAB Biofuels and Chemicals AB
  • SEQENS GROUP
  • Thermo Fisher Scientific Inc.
  • Triveni Interchem Pvt. Ltd.
  • Wacker Chemie AG
  • Zhengzhou Meiya Chemical Products Co. Ltd.
  • The Good Scents Co.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook 
    • Paints and coatings
    • Printing ink
    • Process solvents
    • Others
  • End-user Outlook 
    • Construction
    • Automotive
    • Furniture
    • Food and beverages
    • Others
  • Geography Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market thrives on versatile applications such as flexible packaging solutions, leveraging its low cost and weight advantages. It enhances the flavor of food and beverage products while addressing concerns related to volatile organic compounds (VOCs). Ethyl acetate plays a vital role in natural leather production and the manufacturing of cruelty-free leather accessories like belts and apparel. It is instrumental in pigment dispersion, resin formulation, and additive incorporation, ensuring the viscosity, stability, and shelf life of paint and coating formulations. In the pharmaceuticals industry, it facilitates solvent extraction and separation processes. Regulatory enforcement drives its adoption in paint and coating formulations, particularly in electric vehicles (EVs) and the auto refinishing process. Ethyl acetate also contributes to packaging materials, offering durability, barrier properties, and vibrant printed designs in plastic films, pouches, polymer resins, and coating solutions, thus catering to diverse needs in the food and beverage industry and the automotive segment, including passenger vehicles.

Market Scope

Report Coverage

Details

Page number

176

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.87%

Market growth 2023-2027

USD 1.32 billion 

Market structure

Fragmented

YoY growth 2022-2023(%)

4.59

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 76%

Key countries

China, India, Indonesia, Japan, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ALPHA CHEMIKA, Celanese Corp., Chemoxy International Ltd., Daicel Corp., Eastman Chemical Co., Ernesto Ventos SA, Esters and Solvents LLP, INEOS Group Holdings SA, Jiangsu Sopo Corp. Ltd., Merck and Co. Inc., Mitsubishi Chemical Group Corp., Otto Chemie Pvt. Ltd., Saiper Chemicals Pvt Ltd., SEKAB Biofuels and Chemicals AB, SEQENS GROUP, Thermo Fisher Scientific Inc., Triveni Interchem Pvt. Ltd., Wacker Chemie AG, Zhengzhou Meiya Chemical Products Co. Ltd., and The Good Scents Co.

Market dynamics

Parent market growth analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global ethyl acetate market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global ethyl acetate market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Paints and coatings - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Paints and coatings - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Paints and coatings - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Paints and coatings - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Paints and coatings - Year-over-year growth 2022-2027 (%)
    • 6.4 Printing ink - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Printing ink - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Printing ink - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Printing ink - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Printing ink - Year-over-year growth 2022-2027 (%)
    • 6.5 Process solvents - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Process solvents - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Process solvents - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Process solvents - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Process solvents - Year-over-year growth 2022-2027 (%)
    • 6.6 Others - Market size and forecast 2022-2027
      • Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Application
      • Exhibit 50: Market opportunity by Application ($ million)
      • Exhibit 51: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 52: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 53: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 54: Chart on Comparison by End-user
      • Exhibit 55: Data Table on Comparison by End-user
    • 7.3 Construction - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Construction - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Construction - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Construction - Year-over-year growth 2022-2027 (%)
    • 7.4 Automotive - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 7.5 Furniture - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Furniture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Furniture - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Furniture - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Furniture - Year-over-year growth 2022-2027 (%)
    • 7.6 Food and beverages - Market size and forecast 2022-2027
      • Exhibit 68: Chart on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)
    • 7.7 Others - Market size and forecast 2022-2027
      • Exhibit 72: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 75: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.8 Market opportunity by End-user
      • Exhibit 76: Market opportunity by End-user ($ million)
      • Exhibit 77: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 79: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 80: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 81: Chart on Geographic comparison
      • Exhibit 82: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 87: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 91: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 99: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 India - Market size and forecast 2022-2027
      • Exhibit 107: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.10 Indonesia - Market size and forecast 2022-2027
      • Exhibit 111: Chart on Indonesia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on Indonesia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on Indonesia - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on Indonesia - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 115: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 116: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 118: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 119: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 120: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 121: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 122: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 123: Market opportunity by geography ($ million)
      • Exhibit 124: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 125: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 126: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 127: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 128: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 129: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 130: Matrix on vendor position and classification
            • 12.3 ALPHA CHEMIKA
              • Exhibit 131: ALPHA CHEMIKA - Overview
              • Exhibit 132: ALPHA CHEMIKA - Product / Service
              • Exhibit 133: ALPHA CHEMIKA - Key offerings
            • 12.4 Celanese Corp.
              • Exhibit 134: Celanese Corp. - Overview
              • Exhibit 135: Celanese Corp. - Business segments
              • Exhibit 136: Celanese Corp. - Key offerings
              • Exhibit 137: Celanese Corp. - Segment focus
            • 12.5 Chemoxy International Ltd.
              • Exhibit 138: Chemoxy International Ltd. - Overview
              • Exhibit 139: Chemoxy International Ltd. - Product / Service
              • Exhibit 140: Chemoxy International Ltd. - Key offerings
            • 12.6 Daicel Corp.
              • Exhibit 141: Daicel Corp. - Overview
              • Exhibit 142: Daicel Corp. - Business segments
              • Exhibit 143: Daicel Corp. - Key offerings
              • Exhibit 144: Daicel Corp. - Segment focus
            • 12.7 Eastman Chemical Co.
              • Exhibit 145: Eastman Chemical Co. - Overview
              • Exhibit 146: Eastman Chemical Co. - Business segments
              • Exhibit 147: Eastman Chemical Co. - Key offerings
              • Exhibit 148: Eastman Chemical Co. - Segment focus
            • 12.8 Ernesto Ventos SA
              • Exhibit 149: Ernesto Ventos SA - Overview
              • Exhibit 150: Ernesto Ventos SA - Product / Service
              • Exhibit 151: Ernesto Ventos SA - Key offerings
            • 12.9 Esters and Solvents LLP
              • Exhibit 152: Esters and Solvents LLP - Overview
              • Exhibit 153: Esters and Solvents LLP - Product / Service
              • Exhibit 154: Esters and Solvents LLP - Key offerings
            • 12.10 INEOS Group Holdings SA
              • Exhibit 155: INEOS Group Holdings SA - Overview
              • Exhibit 156: INEOS Group Holdings SA - Business segments
              • Exhibit 157: INEOS Group Holdings SA - Key news
              • Exhibit 158: INEOS Group Holdings SA - Key offerings
              • Exhibit 159: INEOS Group Holdings SA - Segment focus
            • 12.11 Jiangsu Sopo Corp. Ltd.
              • Exhibit 160: Jiangsu Sopo Corp. Ltd. - Overview
              • Exhibit 161: Jiangsu Sopo Corp. Ltd. - Product / Service
              • Exhibit 162: Jiangsu Sopo Corp. Ltd. - Key offerings
            • 12.12 Merck and Co. Inc.
              • Exhibit 163: Merck and Co. Inc. - Overview
              • Exhibit 164: Merck and Co. Inc. - Business segments
              • Exhibit 165: Merck and Co. Inc. - Key news
              • Exhibit 166: Merck and Co. Inc. - Key offerings
              • Exhibit 167: Merck and Co. Inc. - Segment focus
            • 12.13 Otto Chemie Pvt. Ltd.
              • Exhibit 168: Otto Chemie Pvt. Ltd. - Overview
              • Exhibit 169: Otto Chemie Pvt. Ltd. - Product / Service
              • Exhibit 170: Otto Chemie Pvt. Ltd. - Key offerings
            • 12.14 SEKAB Biofuels and Chemicals AB
              • Exhibit 171: SEKAB Biofuels and Chemicals AB - Overview
              • Exhibit 172: SEKAB Biofuels and Chemicals AB - Product / Service
              • Exhibit 173: SEKAB Biofuels and Chemicals AB - Key offerings
            • 12.15 SEQENS GROUP
              • Exhibit 174: SEQENS GROUP - Overview
              • Exhibit 175: SEQENS GROUP - Product / Service
              • Exhibit 176: SEQENS GROUP - Key offerings
            • 12.16 Thermo Fisher Scientific Inc.
              • Exhibit 177: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 178: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 179: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 180: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 181: Thermo Fisher Scientific Inc. - Segment focus
            • 12.17 Wacker Chemie AG
              • Exhibit 182: Wacker Chemie AG - Overview
              • Exhibit 183: Wacker Chemie AG - Business segments
              • Exhibit 184: Wacker Chemie AG - Key offerings
              • Exhibit 185: Wacker Chemie AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 186: Inclusions checklist
                • Exhibit 187: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 188: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 189: Research methodology
                • Exhibit 190: Validation techniques employed for market sizing
                • Exhibit 191: Information sources
              • 13.5 List of abbreviations
                • Exhibit 192: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
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              Key Questions Answered

              • What are the key global market and the regional market share?
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              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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