Butyl Acetate (BAC) Market
Butyl Acetate (BAC) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Butyl Acetate (BAC) Market Size and Growth
The Butyl Acetate (BAC) market is experiencing steady growth, driven by demand in coatings, paints, and adhesives. As of 2023, the market size is estimated at approximately USD 2.5 billion, with a projected CAGR of 4.5% through 2030, reflecting increasing industrial applications and robust consumer trends worldwide.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Celanese Corporation
◍ Eastman Chemical Company
◍ INEOS
◍ Thermo Fisher Scientific
◍ Yip’s Chemical Holdings
The Butyl Acetate market features key players like BASF, Celanese, Eastman, INEOS, Thermo Fisher, and Yip's Chemical. These companies leverage BAC for solvent applications and chemical intermediates, driving market growth. Their innovations and production capacities enhance demand. For 2022, BASF reported $86 billion in revenue, Eastman $11 billion.
Market Segmentation
By Application
Spices
Spice Extractant
Solvent
Other
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By Product
Cosmetics Grade
Chemical Grade
Market Growth
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$ X Billion USD
