Ethyl Acetate Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2020-2025)
Ethyl Acetate Market size is forecast to reach the market size of $4.9 billion, grow at a CAGR of 4.2% during 2020-2025. Increasing demand from the flexible packaging industry is leading the market growth of ethyl acetate. Apart from this, the replacement of conventional coatings by high solid and water-borne coatings is expected to hinder the growth of ethyl acetate industry. Ethyl acetate, also known as ethyl ethanoate, acetoxyethane, acetic acid ethyl ester, acetic ether, ethyl acetic ester, vinegar naphtha, acetic acid, ethyl ester, ethylacetate, acetidin, acetic ester, is one organic compound and is used predominantly as a solvent in various reactions. Ethyl acetate is obtained through the direct esterification of ethyl alcohol with acetic acid, a process that involves combining acetic acid with excess ethyl alcohol and adding a small amount of sulphuric acid. Request Sample Report Coverage The report: “Ethyl Acetate Market – Forecast (2020-2025)”, by IndustryARC, covers an in-de...