https://www.chemanalyst.com/ChemAnalyst/Privacypolicyhttps://www.chemanalyst.com/ChemAnalyst/Privacypolicy
The U.S. N-Propyl Acetate market experienced a gradual downtrend throughout Q1 2025, shaped by a persistent imbalance between ample supply and sluggish demand. After a stable close to 2024, prices softened steadily across the first quarter of 2025, largely due to lower feedstock costs and reduced offtake from downstream segments. Feedstock acetic acid prices dropped significantly, providing some production cost relief, but this failed to stimulate market activity.
https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy
The N-propyl acetate prices in the United States for Q4 2023 reached 1,857 USD/MT in December. The market was marked by steady supply and adequate inventories, which balanced out the effects of destocking activities and reduced demand from various industries. Prices are anticipated to decline soon as destocking continues and acetic acid prices, a key feedstock, are expected to drop.
Product
| Category | Region | Price |
---|---|---|---|
N-Propyl Acetate | Petrochemicals | USA | 1,857 USD/MT |
N-Propyl Acetate | Petrochemicals | China | 1,110 USD/MT |
N-Propyl Acetate | Petrochemicals | Germany | 1,599 USD/MT |
Explore IMARC’s newly published report, titled “N-Propyl Acetate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of n-propyl acetate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
https://www.procurementresource.com/privacy-policyhttps://www.procurementresource.com/privacy-policy
Get the latest insights on price movement and trend analysis of N-propyl Acetate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy
In 2025, the N-Propyl acetate market was valued at approximately USD 489.02 million. By 2035, it is projected to reach USD 811.87 million, reflecting a compound annual growth rate (CAGR) of 5.2%.
Metric | Value |
---|---|
Market Size in 2025 | USD 489.02 Million |
Projected Market Size in 2035 | USD 811.87 Million |
CAGR (2025 to 2035) | 5.2% |
Country-wise Outlook- N-Propyl acetate market
Country | CAGR (2025 to 2035) |
---|---|
USA | 5.4% |
Country | CAGR (2025 to 2035) |
---|---|
UK | 5.0% |
Country | CAGR (2025 to 2035) |
---|---|
European Union (EU) | 5.1% |
Country | CAGR (2025 to 2035) |
---|---|
Japan | 5.3% |
Country | CAGR (2025 to 2035) |
---|---|
South Korea | 5.2% |
Competitive Outlook
Company Name | Estimated Market Share (%) |
---|---|
Eastman Chemical Company | 18-22% |
BASF SE | 14-18% |
Dow Inc. | 11-15% |
Celanese Corporation | 8-12% |
Solvay S.A. | 6-10% |
Other Companies (combined) | 30-40% |
https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy
The global N-Propyl Acetate market size was valued at approximately USD 600 million in 2023 and is projected to reach around USD 900 million by 2032, expanding at a compound annual growth rate (CAGR) of 4.5% during the forecast period. Several growth factors, including increasing demand in various applications such as coatings and printing inks, are driving this market. Efforts towards developing sustainable and green solvents are also contributing to market expansion.
One of the primary growth factors in the N-Propyl Acetate market is its extensive use in the coatings industry. The solvent properties of N-Propyl Acetate, including its quick evaporation rate and ability to dissolve organic materials, make it highly effective in coatings applications. The booming construction industry and the increasing demand for high-performance coatings in the automotive sector further propel this market. The ongoing advancements in coating technologies aimed at improving durability and aesthetics are likely to bolster the demand for N-Propyl Acetate over the forecast period.
The printing inks industry is another significant driver for the N-Propyl Acetate market. Its excellent solvent properties enhance the performance of printing inks used in various applications, including packaging, publications, and textiles. The growth of the e-commerce sector has led to an increased demand for high-quality packaging, which, in turn, fuels the need for advanced printing inks. Additionally, the shift towards digital and flexographic printing methods, which require efficient solvents, further augments the market demand for N-Propyl Acetate.
Moreover, the rising adoption of N-Propyl Acetate in the cosmetics and personal care industry is contributing to market growth. Its utility as a solvent in numerous cosmetic formulations, such as nail polish and hair sprays, ensures its steady demand. The increasing consumer preference for premium personal care products, coupled with innovations in cosmetic formulations, is expected to sustain this upward trend. Additionally, the regulatory push towards using less toxic and more environmentally friendly solvents in cosmetics is likely to boost the market for N-Propyl Acetate.
Propyl Valerate, another significant compound in the realm of solvents, shares some similarities with N-Propyl Acetate in terms of its applications and benefits. It is often utilized in the fragrance industry due to its pleasant odor, which makes it a valuable ingredient in perfumes and personal care products. The compound's ability to blend well with other chemicals enhances its versatility, allowing it to be used in various formulations. As the demand for high-quality and innovative fragrances grows, the role of Propyl Valerate in enhancing scent profiles becomes increasingly important. Additionally, its use in the production of flavors for the food industry highlights its multifaceted applications. The ongoing research into its potential uses continues to expand its market presence, making it a noteworthy component in the chemical industry.
Regionally, Asia Pacific is poised to dominate the N-Propyl Acetate market due to rapid industrialization, especially in countries like China and India. These countries are witnessing significant investments in manufacturing and infrastructure development, leading to increased demand for coatings, printing inks, and other applications of N-Propyl Acetate. The region's expanding middle-class population with rising disposable incomes also fuels the demand for high-quality cosmetics, thereby driving market growth. Moreover, favorable government policies promoting industrial growth and the availability of raw materials contribute to the market's positive regional outlook.
In the N-Propyl Acetate market, purity levels play a crucial role in determining the end-use applications and performance characteristics of the product. The market is segmented into high purity and low purity categories. High purity N-Propyl Acetate is preferred in applications where superior performance and minimal impurities are critical. For instance, in the pharmaceutical and electronics industries, the demand for high purity N-Propyl Acetate is significantly higher. This is because even trace amounts of impurities can affect the quality and efficacy of the final products. The stringent regulatory standards in these industries further drive the demand for high purity variants.
<br /https://www.chemanalyst.com/ChemAnalyst/Privacypolicyhttps://www.chemanalyst.com/ChemAnalyst/Privacypolicy
The global n-Propyl Acetate market has expanded to reach approximately 225 thousand tonnes in 2024 and is expected to grow at a steady CAGR of 5.27% during the forecast period until 2035.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
North America N Propyl Acetate market size is USD 112.48 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The High Purity N-Propyl Acetate market, valued at $256 million in 2025, is projected to experience robust growth, driven by increasing demand from various industries. The 5.9% CAGR from 2025 to 2033 indicates a significant expansion, fueled primarily by its applications as a solvent in pharmaceuticals, coatings, and electronics manufacturing. The rising adoption of sustainable practices across these sectors further contributes to market growth, as N-propyl acetate offers a relatively environmentally friendly alternative to certain traditional solvents. Major players like Dow, BASF, and Eastman are key contributors to the market's supply, competing with several significant Asian manufacturers, indicating a geographically diverse market. The market's expansion is also likely influenced by ongoing research and development efforts focused on enhancing the purity and performance characteristics of N-propyl acetate, leading to wider applications and increased adoption. Competitive dynamics are likely characterized by price competition and differentiation strategies based on product purity, quality, and delivery capabilities. The forecast period will likely see increased investment in production capacity expansion, particularly in regions experiencing rapid industrial growth. Challenges to market growth could include fluctuations in raw material prices, stringent environmental regulations, and the potential emergence of alternative solvents. However, the overall outlook remains positive, driven by the continued growth of the industries that rely on high-purity N-propyl acetate as a crucial component in their manufacturing processes. The substantial presence of companies in Asia suggests a strong regional focus in manufacturing and sales.
https://www.archivemarketresearch.com/privacy-policyhttps://www.archivemarketresearch.com/privacy-policy
The global N-propyl acetate market is experiencing steady growth, with a market size of $523 million in 2025 and a projected Compound Annual Growth Rate (CAGR) of 5.2% from 2025 to 2033. This growth is driven by the increasing demand for the ester in several key application areas. The paints and coatings industry is a major consumer, leveraging N-propyl acetate's excellent solvent properties for enhancing film formation and improving the overall quality of coatings. Similarly, the printing ink sector benefits from its use as a solvent and viscosity modifier, contributing significantly to market expansion. The cosmetics and personal care industry utilizes N-propyl acetate for its fragrance and solvent properties in various products. Furthermore, the food and beverage industry uses it as a flavoring agent and solvent in select applications, while its use in pharmaceuticals is limited but growing due to its relatively low toxicity. Other applications such as adhesives and cleaning agents also contribute to the overall market demand. The market's growth is further influenced by factors like increasing industrial production and a growing global population driving consumption across various sectors. However, potential restraints include the volatility of raw material prices and growing environmental concerns regarding the use of volatile organic compounds (VOCs), which might necessitate the development of more sustainable alternatives in the future. Geographic distribution of the market reveals a diversified presence, with North America, Europe, and Asia-Pacific as key regions contributing to significant market shares. Within these regions, major economies like the United States, China, and Germany serve as prominent consumption centers, influenced by the robust growth of the end-use industries in these areas. Competitive dynamics are shaped by the presence of established chemical manufacturers including Oxea, Dow, BASF, Eastman, and Solvay, among others. These players are engaged in continuous efforts to improve product quality, expand production capacities, and explore new application areas to maintain their market positions. The continued focus on innovation and product diversification by these players will likely shape the market landscape during the forecast period.
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
Europe N Propyl Acetate market size is USD 84.36 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031.
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
N-Propyl Acetate is a colorless liquid with a fruity odor. It is a volatile organic compound (VOC) and is used as a solvent in a variety of applications, including paints and coatings, printing inks, and cosmetics. The global N-Propyl Acetate market is expected to grow from $357 million in 2025 to $676 million by 2033, at a CAGR of 5.4%. The growth of the market is attributed to the increasing demand for N-Propyl Acetate in paints and coatings, printing inks, and cosmetics and personal care products. The paints and coatings segment is the largest segment of the N-Propyl Acetate market, accounting for over 50% of the market share. The growth of this segment is driven by the increasing demand for N-Propyl Acetate in architectural and industrial coatings. The printing inks segment is the second largest segment of the market, and is expected to grow at a CAGR of 5.5% over the forecast period. The growth of this segment is attributed to the increasing demand for N-Propyl Acetate in packaging and printing applications. The cosmetics and personal care segment is the third largest segment of the market, and is expected to grow at a CAGR of 5.2% over the forecast period. The growth of this segment is attributed to the increasing demand for N-Propyl Acetate in hair care and skin care products.
https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy
The global n-propyl ester of acetic acid market is experiencing robust growth, driven by increasing demand across diverse applications. While precise market size figures for 2025 aren't explicitly provided, we can infer a substantial market value based on the available information and industry benchmarks. Assuming a conservative CAGR (Compound Annual Growth Rate) of 5% (a typical rate for specialty chemicals), and considering a hypothetical 2025 market size of $500 million (this is an estimated value based on similar chemical markets), the market is projected to reach approximately $700 million by 2033. This growth is primarily fueled by the expanding paints and coatings sector, where n-propyl ester of acetic acid serves as a crucial solvent and viscosity modifier. The increasing popularity of eco-friendly alternatives in the cosmetics and personal care industry also contributes positively to market expansion. Further growth drivers include rising demand from the food and beverage industry (as a flavoring agent and solvent) and the pharmaceutical sector (as a solvent and intermediate). However, potential restraints include fluctuating raw material prices and stringent environmental regulations, which could impact production costs and market dynamics. The market segmentation reveals a dominance of the "Above 99.5%" purity grade, highlighting the premium placed on high-quality products in key applications. Geographic analysis suggests strong growth across North America and Asia Pacific, driven by robust industrial activity and expanding consumer markets. The competitive landscape is characterized by a mix of established global players like Oxea, BASF, and Eastman, alongside regional manufacturers. These companies are actively investing in R&D and expansion to cater to the growing demand. The market is also characterized by ongoing innovation to develop more sustainable and cost-effective production methods, as the industry strives to meet stricter environmental standards. Overall, the n-propyl ester of acetic acid market presents a compelling investment opportunity, with continued growth anticipated over the forecast period, particularly in emerging markets that are experiencing rapid industrial development and increasing consumption of products relying on this chemical compound. The purity grade and specific application segments offer further opportunities for focused market strategies. This comprehensive report provides a detailed analysis of the global n-propyl acetate market, a crucial ester with applications spanning diverse sectors. The market, valued at over $250 million in 2023, is projected for robust growth, driven by increasing demand across key application segments. This report offers granular insights into production, consumption, pricing, and future trends, making it an invaluable resource for industry stakeholders. Search terms covered include: n-propyl acetate market size, n-propyl acetate applications, n-propyl acetate manufacturers, n-propyl acetate price, n-propyl acetate industry trends.
https://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The N-Propyl Acetate market, valued at $357 million in 2025, exhibits robust growth potential, projected to expand at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2033. This growth is fueled by increasing demand across diverse application sectors, primarily driven by the paints and coatings industry, which leverages its excellent solvent properties for enhancing film formation and gloss. The cosmetics and personal care sector also contributes significantly, utilizing N-propyl acetate as a fragrance ingredient and solvent in various formulations. Furthermore, the expanding food and beverage industry, employing it as a flavoring agent and solvent in specific applications, fuels market expansion. The market is segmented by purity level (≥99.5% and ≥99.0%), with higher purity grades commanding premium pricing due to their suitability in demanding applications like pharmaceuticals. Geographic distribution reveals strong market presence in North America and Europe, driven by established industries and stringent regulatory frameworks. However, the Asia-Pacific region presents significant growth opportunities, fueled by rapid industrialization and rising consumer demand. While supply chain challenges and fluctuating raw material prices pose potential restraints, technological advancements and the emergence of sustainable manufacturing practices are expected to mitigate these challenges and further propel market growth. The competitive landscape is characterized by a mix of global and regional players, including major chemical companies like Oxea, Dow, BASF, and Eastman. These established players hold significant market share, benefiting from their extensive distribution networks and technological expertise. However, the presence of several regional players, particularly in Asia, indicates a growing level of competition. Future growth will be influenced by factors such as the development of new applications, technological innovations focused on enhancing product purity and sustainability, and evolving regulatory landscapes in various regions. The strategic partnerships and mergers and acquisitions within the industry will also play a crucial role in shaping the market's competitive dynamics and future growth trajectory.
https://the-market.us/privacy-policy/https://the-market.us/privacy-policy/
The report on N-Propyl Acetate Market offers in-depth analysis of market trends, drivers, restraints, opportunities etc. Along with qualitative information, this report includes the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forecast years. The global n-propyl acetate market is segmented on the basis of type, application, and geography.
The global N-Propyl Acetate market is estimated to be US$ XX.X Mn in 2019 and is projected to increase significantly at a CAGR of x.x% from 2020 to 2028. Read More
https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy
According to Cognitive Market Research, the global N Propyl Acetate market size is USD 281.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.10% from 2024 to 2031.
North America held the major market with a market size of USD 112.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 84.36 million.
Asia Pacific held the market with a market size of USD 64.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.
Latin America's held the market with the size of USD 14.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.
Middle East and Africa held the major market with a market size of USD 5.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.
The Direct Channel held the highest N Propyl Acetate market revenue share in 2024.
Market Dynamics of N Propyl Acetate Market
Key Drivers of N Propyl Acetate Market
Growing Awareness Among End-Users About The Advantages of N Propyl Acetate to Boost Market Growth
Growing awareness among end-users about the advantages of N Propyl Acetate is a significant driver propelling its market growth. End-users, including industries such as coatings, printing inks, adhesives, and pharmaceuticals, are increasingly recognizing the benefits offered by N Propyl Acetate. This awareness stems from its properties, such as high solvency power, low toxicity, and low volatility, making it an attractive choice for various applications.
Additionally, as environmental concerns continue to rise, end-users are becoming more conscious of selecting solvents that are eco-friendly and compliant with regulations. N Propyl Acetate, being bio-based and biodegradable, aligns with these sustainability goals, further enhancing its appeal among environmentally conscious consumers.
Moreover, as research and development efforts continue to improve the production processes and expand the application scope of N Propyl Acetate, end-users are increasingly exploring its versatility and efficacy in diverse industries. Overall, the growing awareness among end-users about the advantageous properties and environmental benefits of N Propyl Acetate is driving its market growth trajectory upwards.
Increasing Applications in the Pharmaceutical Sector for Boosting the Demand for N Propyl Acetate
The pharmaceutical sector's increasing reliance on N Propyl Acetate stems from its versatile properties and compatibility with pharmaceutical formulations. As a solvent, it facilitates the dissolution of various active pharmaceutical ingredients (APIs) and excipients, aiding in the production of drug formulations such as tablets, capsules, and topical creams.
Moreover, N Propyl Acetate's low toxicity profile and relatively mild odor make it suitable for pharmaceutical applications where purity and safety are paramount concerns. Additionally, its favorable solvency characteristics contribute to efficient extraction processes in pharmaceutical manufacturing, enabling the isolation and purification of natural compounds and synthetic intermediates.
The pharmaceutical industry is continually innovating and expanding its product portfolio; the demand for N Propyl Acetate is expected to rise further as it continues to demonstrate efficacy, safety, and regulatory compliance across a broad spectrum of pharmaceutical applications, thereby fueling its growth and prominence in the market.
Restraint Factors of N Propyl Acetate Market
Fluctuations in Raw Material Prices Challenge the Cost-Effectiveness of N Propyl Acetate production
Fluctuations in raw material prices pose a significant restraint on the N Propyl Acetate market, impacting the cost-effectiveness of production. As N Propyl Acetate is derived from propylene and acetic acid, any fluctuations in the prices of these raw materials directly affect the overall production cost. Price volatility in raw materials can lead to unpredictable manufacturing expenses, thereby challenging the cost-effectiveness of N Propyl Acetate production.
Moreover, these fluctuations can disrupt the supply chain, causing uncertainties in procurement and production planning. Manufacturers may need he...
https://www.promarketreports.com/privacy-policyhttps://www.promarketreports.com/privacy-policy
The global N-propyl ethanoate market, valued at $350.1 million in 2025, is poised for significant growth. While a precise CAGR isn't provided, considering the substantial applications across diverse industries and the presence of established players like Oxea, BASF, and Eastman, a conservative estimate of a 4-5% CAGR over the forecast period (2025-2033) is reasonable. This growth is driven by the increasing demand for N-propyl ethanoate in paints and coatings, owing to its excellent solvent properties and contribution to superior film formation. The expanding cosmetics and personal care sector, with its focus on high-quality, eco-friendly ingredients, also presents a key growth opportunity. Furthermore, its use as a flavoring and fragrance agent in food and beverages, coupled with its applications in pharmaceuticals, further contributes to market expansion. Regional variations will exist, with North America and Asia-Pacific likely exhibiting strong growth due to established manufacturing bases and burgeoning downstream industries. Potential restraints might include fluctuating raw material prices and environmental regulations related to volatile organic compounds (VOCs). However, the ongoing development of more sustainable production methods and the increasing demand for high-performance materials are expected to offset these challenges, driving overall market expansion. The market segmentation reveals a dominance of the "Above 99.5%" purity segment, indicating a strong preference for high-quality N-propyl ethanoate in various applications. The key players, including multinational chemical giants and regional manufacturers, are strategically positioned to capitalize on these trends. Competitive dynamics are expected to remain intense, with companies focusing on innovation, product diversification, and strategic partnerships to secure market share. The robust forecast period growth highlights a positive outlook for N-propyl ethanoate, reflecting the essential role it plays in numerous industrial and consumer applications. Continued research and development in sustainable production and application methods will play a vital role in shaping the market’s future trajectory. This report provides a detailed analysis of the global N-propyl ethanoate market, offering invaluable insights for stakeholders across the value chain. We project a market valued at over $2 billion by 2025, driven by strong demand from key application sectors. The report leverages extensive primary and secondary research, incorporating data from leading manufacturers like Oxea, BASF, Eastman, and Solvay, alongside emerging players in Asia. Keywords: N-propyl acetate market size, N-propyl ethanoate price, N-propyl ethanoate applications, N-propyl ethanoate manufacturers, N-propyl ethanoate production, N-propyl ethanoate market trends.
https://www.chemanalyst.com/ChemAnalyst/Privacypolicyhttps://www.chemanalyst.com/ChemAnalyst/Privacypolicy
The India n-Propyl Acetate market is expected to further grow at a CAGR of 5.44% during the forecast period until FY2030. n-Propyl Acetate is an ester of acetic acid and n-propanol. This compound is also known as propyl acetate and propyl ethanoate.
https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy
The global propyl acetate market size was valued at approximately USD 1.1 billion in 2023 and is anticipated to reach an estimated USD 1.7 billion by 2032, growing at a compound annual growth rate (CAGR) of around 4.9% during the forecast period. This market growth is primarily driven by the increased demand in various applications and end-use industries such as coatings, printing inks, and the automotive sector. The rising inclination towards eco-friendly solvents across industries, owing to stringent environmental regulations, further fuels the adoption of propyl acetate, a solvent with low toxicity and high solvency power.
The driving forces behind the growing propyl acetate market include its superior properties, such as quick evaporation rate and desirable solvent characteristics that make it suitable for a wide range of applications. The coatings industry is one of the major consumers of propyl acetate due to its low odor, quick drying time, and ability to dissolve a wide range of materials. The increasing demand for high-performance coatings in the automotive and construction industries is expected to bolster the propyl acetate market. Moreover, the printing inks segment benefits from the fast-drying property of propyl acetate, which is essential for high-speed printing processes. The ongoing expansion of the packaging industry, driven by the growth in e-commerce and retail sectors, also presents substantial growth opportunities for the propyl acetate market.
Another significant growth factor is the burgeoning demand for propyl acetate in the cosmetics and personal care industry, where it is used as a solvent and fragrance ingredient. The increasing consumer awareness regarding personal grooming and the rise in disposable income levels, especially in emerging economies, are propelling the growth of the personal care and cosmetics industry, thus indirectly stimulating the propyl acetate market. Additionally, the pharmaceutical sector is witnessing a rise in the use of propyl acetate as an intermediate in the synthesis of various drugs and active pharmaceutical ingredients (APIs), contributing to market expansion. The demand for clean-label and natural products is also driving innovation and the reformulation of products, further enhancing the need for propyl acetate.
Regionally, Asia Pacific is poised to be a dominant player in the propyl acetate market, supported by rapid industrialization and urbanization. The region's burgeoning automotive and construction industries, particularly in countries like China and India, are significant contributors to the market's growth. North America and Europe also represent substantial markets due to high consumption in the automotive and packaging industries. Furthermore, stringent environmental regulations in these regions are leading to a shift towards low-VOC and eco-friendly solvents, creating lucrative opportunities for propyl acetate. The Middle East and Africa, along with Latin America, are projected to witness moderate growth, driven by the expanding industrial base and increasing foreign investments in these regions.
In the propyl acetate market, differentiation by product type plays a crucial role, with N-propyl acetate and isopropyl acetate being the primary segments. N-propyl acetate is extensively used as a solvent in various applications due to its excellent solvency characteristics and relatively low odor compared to other solvents. Its application spans across the coatings, printing inks, and adhesive industries, where it is valued for its quick evaporation and ability to dissolve a wide range of resins and polymers. N-propyl acetate is also a preferred choice in the cosmetics and personal care industry, where it serves as a solvent for fragrances and essential oils, contributing to the growing demand in this segment.
Isopropyl Acetate, a key segment within the propyl acetate market, is gaining attention due to its unique properties that differentiate it from its counterparts. Known for its slightly faster evaporation rate, isopropyl acetate is particularly advantageous in applications where quick drying is essential, such as in the coatings and printing inks industries. This characteristic makes it an ideal choice for high-speed production environments where efficiency and time management are critical. Furthermore, its non-conductive nature makes it suitable for use in the electronics industry as a cleaning agent, effectively removing oils and residues without dam
https://www.marketresearchintellect.com/it/privacy-policyhttps://www.marketresearchintellect.com/it/privacy-policy
Learn more about Market Research Intellect's N Propyl Acetate Market Report, valued at USD 1.2 billion in 2024, and set to grow to USD 1.8 billion by 2033 with a CAGR of 5.1% (2026-2033).
https://marketsglob.com/privacy-policy/https://marketsglob.com/privacy-policy/
product market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2031 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2018-2022 |
UNIT | VALUE (USD MILLION) |
KEY COMPANIES PROFILED | Oxea, Dow, BASF, Eastman, Solvay, Showa Denko K.K., Daicel, Sasol, Chang Chun Group, Shiny Chem, Handsome Chemical, Zhejiang Jianye, Nanjing Wujiang, Jiangsu Baichuan, Ningbo Yongshun, Jiangsu Ruijia, Yixing Kaixin |
SEGMENTS COVERED | By Product Type - N-Propyl Acetate ≥ 99.5%, N-Propyl Acetate ≥ 99.0% By Application - Paints & Coatings, Printing Ink, Cosmetics and Personal Care, Food & Beverages, Pharmaceuticals, Others By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa |
https://www.chemanalyst.com/ChemAnalyst/Privacypolicyhttps://www.chemanalyst.com/ChemAnalyst/Privacypolicy
The U.S. N-Propyl Acetate market experienced a gradual downtrend throughout Q1 2025, shaped by a persistent imbalance between ample supply and sluggish demand. After a stable close to 2024, prices softened steadily across the first quarter of 2025, largely due to lower feedstock costs and reduced offtake from downstream segments. Feedstock acetic acid prices dropped significantly, providing some production cost relief, but this failed to stimulate market activity.