Albany, NY -- (SBWIRE) -- 06/19/2017 -- The market of methyl acetate is experiencing a strong momentum due to many factors. To help businesses understand the key deciding factors in this market, a fresh report has been included to the large repository of Market Research Hub (MRH), with the title of "Global Methyl Acetate Market Research Report 2017". This report analyzes the trends in the entire market revenue and forecast for the period 2017-2022, adding vital insights and studies backed by a vast range of findings. According to the key findings, the report focuses on the global methyl acetate market that is anticipated for positive CAGR with the rise in millions USD by the end of 2022.
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Methyl acetate, also known as acetic acid methyl ester or methyl ethanoate, is a clear, flammable liquid with a characteristic, not unpleasant smell like certain glues or nail polish removers. Methyl acetate has features very similar to its analog ethyl acetate. It is mainly used as a solvent in glues, paints and nail polish removers, in chemical reactions and for extractions. Methyl acetate is a flavoring ingredient. Methyl acetate is present in grape, banana and other fruits. Due to its wide availability in several major applications, the industry is gaining huge momentum and also anticipated to offer lucrative opportunities in the coming years.
Geographically, the research throws lights on some of the major regions, such as North America, Southeast Asia, Europe, China, Japan and India. In the first section, the research starts by presenting the market overview of methyl acetate along with its definition, classification and applications. Moreover, the report also analyzes several driving and restraining factors and their impact on the market during the forecast period.
Additionally, the report provides a detailed view of methyl acetate market based on type and applications. Key applications included in the report are Coating and Paint, Resin, Foam Foaming Agent, Nail Polish Removers, Adhesive and Others. It has been analyzed that where a mild odor, fast evaporating solvent is vital, methyl acetate is a very good choice for formulators of coating and ink products. Due to this, Coating and Paint segment holds the maximum market share and also expected to remain dominant. Based on types, the market has been classified into organic solvents and other. For each segment, the report highlights details on production, revenue (million USD), consumption, market share and growth rate until 2022.
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Furthermore, the report highlights the major vendors operating in the global market, which includes Eastman, Zhangzhou Oushuo Chemical, Wacker, Sichuan Chuanwei Group, Celanese, Hunan Xiangwei Group, Shanxi Sanwei Group, Changzhi Huojia Industrial, Anhui Wanwei Group, Chang Chun Group, Sinochem Plastic, RuiFeng Polymer Materials and Sinochem Qingdao. All of these vendors are profiled along with company basic information, manufacturing base and competitors along with capacity, production, revenue and gross margin for the year 2015 and 2016. At the end, manufacturing cost analysis, marketing strategy, market effect factors, industrial chain and sourcing strategy are also studied in detail.
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