Global Butyl Acetate Market Expected to Reach 2800 Thousand Tonnes by 2032: Growing Demand in Paints & Coatings and Other Industries Drives Expansion - ResearchAndMarkets.com
The global Butyl Acetate market demand stood at approximately 1900 thousand tonnes in 2022 and is expected to grow at a CAGR of 3.71% during the forecast period until 2032.
- The global Butyl Acetate market demand stood at approximately 1900 thousand tonnes in 2022 and is expected to grow at a CAGR of 3.71% during the forecast period until 2032.
- Various industries consume Butyl Acetate such as medicines, personal-care products, paints and coatings, food flavoring, plasticizers, electronics, and others.
- The global increase in the use of water-based coatings and automotive paints is what is driving the butyl acetate industry.
- Based on the End-user industry, the global Butyl Acetate market is segmented into Paints & Coatings, Pharmaceuticals, Personal Care, Leather Industry, and Others.