According to a market report by Lucintel, the future of the global propyl acetate market looks promising with opportunities in the paint & coating, printing ink, cosmetic & personal care, food & beverage and pharmaceutical markets. The global propyl acetate market is expected to grow with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are rising usage of nail care products to make a style statement, significant rise in demand for rotogravure inks, as well as, rising application of propyl acetate in personal care products and food flavorings.A more than 150-page report to understand trends, opportunity and forecast in propyl acetate market to 2030 by product (purity≥99.5% and purity≥ 99.0%), application (paints & coatings, printing ink, cosmetics & personal care, food & beverages, pharmaceuticals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that purity≥ 99.0% is expected to witness the highest growth over the forecast period because of the growing use of these compounds as an intermediate in the production of synthetic and natural resins.
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North America will remain the largest region over the forecast period because the propyl acetate's end users in the printing, paint and coating, packaging, and other industries experiencing tremendous growth through partnerships, joint ventures, and ongoing projects.
Oxea, Dow, BASF, Eastman, Solvay, Showa Denko, Daicel are the major suppliers in the propyl acetate market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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