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US Butyl Acetate Market Research Report: By Application (Paints, Coatings, Chemicals, Pharmaceuticals, Perfumes, Flavors) and By End-Use Industry (Automotive & Transportation, Building & Construction, Healthcare, Food & Beverage) - Forecast to 2035


ID: MRFR/CnM/18904-HCR | 100 Pages | Author: MRFR Research Team| December 2023


US Butyl Acetate Market Overview:


As per MRFR analysis, the US Butyl Acetate Market Size was estimated at 206.64 (USD Million) in 2023. The US Butyl Acetate Market Industry is expected to grow from 213.36(USD Million) in 2024 to 313 (USD Million) by 2035. The US Butyl Acetate Market CAGR (growth rate) is expected to be around 3.545% during the forecast period (2025 - 2035).


Key US Butyl Acetate Market Trends Highlighted


The US Butyl Acetate Market is witnessing notable trends driven by increased demand in various industries, particularly in paints, coatings, and adhesives. The growth in these sectors is largely influenced by the ongoing construction and automotive activities within the country. The rising focus on environmental regulations also plays a critical role as manufacturers look for eco-friendly solvents. This trend towards sustainability is prompting companies to adapt their processes and formulations to meet stricter guidelines. Moreover, the shift towards water-based and low-VOC (volatile organic compound) formulations is gaining traction among manufacturers as they respond to consumer preferences for safer and more sustainable products.This trend is vital, as many states in the US are tightening regulations on VOC emissions to improve air quality. Alongside this, the rise in disposable income is expanding the consumer base for products containing Butyl Acetate, pushing manufacturers to innovate and improve product quality. The market also holds several opportunities that can be explored further, particularly in developing specialized applications for Butyl Acetate in emerging sectors such as electronics and pharmaceuticals. The influx of investments in these sectors creates space for Butyl Acetate’s functions as a solvent and a chemical intermediate. Furthermore, the localized production and processing of Butyl Acetate in the US can enhance the supply chain dynamics, making the market more resilient to global disruptions.Recent times have shown a surge in research and development efforts aimed at improving the efficiency of Butyl Acetate applications, including exploring new ways to incorporate it into advanced coating technologies. This underlines an adaptive market that is responsive to the evolving needs of end-users and regulatory environments. Overall, the trends in the US Butyl Acetate Market point towards a future focused on sustainability, innovation, and increased industry collaboration.

US Butyl Acetate Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Butyl Acetate Market Drivers

Increasing Demand from Paints and Coatings Sector


The US Butyl Acetate Market Industry is experiencing significant growth due to the increasing demand from the paints and coatings sector. The American Coatings Association (ACA) has reported that the US coatings industry is expected to grow at a rate of 3.9% annually, fueled by demand from construction, automotive, and industrial coatings. This growth translates to a robust increase in the consumption of solvents like butyl acetate, which is favored for its excellent solvency properties and fast evaporation rate.As the construction industry continues to recover, the demand for high-quality paints and coatings is expected to rise correspondingly, thereby driving the demand for butyl acetate as a key solvent and intermediate. The increase in federal and state infrastructure spending, particularly from the Biden administration’s focus on infrastructure revitalization, is predicted to further stimulate this demand, directly impacting the trajectory of the US Butyl Acetate Market.


Expansion of Automotive Industry


The expansion of the automotive industry is a crucial driver for the US Butyl Acetate Market Industry. The automotive sector in the US is projected to grow steadily, driven by a surge in electric vehicle manufacturing and advancements in automobile technology. The National Automobile Dealers Association noted that the automotive retail market contributes over $1 trillion to the US economy. As vehicle manufacturing involves extensive painting and finishing processes, the demand for solvents like butyl acetate is expected to increase significantly.Its role as a solvent for automotive paints and coatings is indispensable, particularly in the context of developing environmentally friendly formulations that comply with stringent regulations. The growth of advanced manufacturing techniques and the push towards electrification is anticipated to further augment the need for this solvent in automotive applications.


Technological Advancements in Manufacturing Processes


Innovations in manufacturing processes contribute positively to the growth of the US Butyl Acetate Market Industry. Recent advancements in chemical production technologies, such as Continuous Flow Chemistry, have revolutionized the production of solvents, including butyl acetate, leading to more efficient, cost-effective, and environmentally sustainable methods. The US Department of Energy and other governmental agencies have been promoting technology transfer to support the chemical manufacturing sector.These advancements are set to improve yield rates and purity levels of butyl acetate, thus supporting its increased usage across various applications. The growing emphasis on Research and Development programs, coupled with government incentives for green chemistry innovations, is likely to bolster the overall production landscape for butyl acetate in the US.


Increasing Usage in Adhesives and Sealants


The rising usage of adhesives and sealants across numerous industries, including construction, electronics, and healthcare, is a prominent driver of the US Butyl Acetate Market Industry. According to the Adhesive and Sealant Council, the North American adhesive market is projected to grow significantly, with adhesive consumption in construction expected to reach approximately 2.5 billion pounds by 2025. Butyl acetate serves as a key solvent due to its quick drying time and compatibility with various polymers, making it a preferred choice in formulating adhesives.As trends continue towards sustainable building practices and lightweight materials, the demand for high-performance adhesives requiring butyl acetate is likely to increase, driving further market growth.

US Butyl Acetate Market Segment Insights:

Butyl Acetate Market Application Insights



The Application segment of the US Butyl Acetate Market reflects a diverse range of industries, all contributing to its increasing relevance and growth. This segment notably includes Paints, Coatings, Chemicals, Pharmaceuticals, Perfumes, and Flavors, each playing a critical role in the formulation and functionality of various products. In the realm of Paints and Coatings, Butyl Acetate serves as an essential solvent for formulations, enhancing durability and performance, thereby leading to increased demand from construction and automotive sectors.The Chemicals Application further emphasizes its utility as an intermediate in numerous chemical reactions, highlighting its role in industrial manufacturing processes. In Pharmaceuticals, Butyl Acetate's role as a solvent for various compounds contributes to the development of effective medications, showcasing the segment's significance in healthcare. The Perfumes and Flavors categories benefit from Butyl Acetate's ability to enhance aroma and taste profiles, thereby aiding brands in creating appealing consumer products. This segment is critical for driving innovation and quality improvements across industries.Market growth in these applications is fueled by trends toward eco-friendly formulations and increasing regulatory standards, emphasizing the need for efficient and safe solvents. The insights into the Applications segment of the US Butyl Acetate Market indicate a landscape marked by diverse usage, reflecting both the necessity and versatility of Butyl Acetate across various sectors.


US Butyl Acetate Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Butyl Acetate Market End-Use Industry Insights



The US Butyl Acetate Market is significantly driven by its diverse applications across various end-use industries. In the Automotive and Transportation sector, Butyl Acetate serves as an essential solvent in paint formulations and coatings, enhancing surface finishes while optimizing the drying process. The Building and Construction industry benefits from its use in adhesives and sealants, contributing to structural integrity and durability of construction materials. In Healthcare, Butyl Acetate's role as a solvent in manufacturing pharmaceuticals underscores its importance in ensuring product quality and efficacy.The Food and Beverage sector employs this compound in flavoring and food packaging, highlighting its versatility and compliance with safety standards. Each of these industries collectively represents a substantial share of the market, reflecting the strategic importance of Butyl Acetate in supporting quality and innovation across essential products and services. With the anticipated growth of these sectors, the demand for Butyl Acetate is expected to surge, further underscoring its vital role in the US economy and industry landscape.

US Butyl Acetate Market Key Players and Competitive Insights:


The US Butyl Acetate Market is characterized by significant competition, driven by the diverse applications of butyl acetate in various sectors, including paints, coatings, and adhesives. As a versatile solvent, butyl acetate plays a crucial role in enhancing the performance of these products, leading to increased demand across end-user industries. The market has been witness to a variety of strategic movements, including partnerships, product innovations, and pricing strategies among key players, shaping the competitive landscape. Furthermore, the growing trends of sustainability and environmental regulations are influencing producers to adopt eco-friendly practices, thereby redefining competition within the market. As companies strive to capture larger market shares, their ability to innovate and adapt to changing consumer preferences will play a pivotal role in determining their competitive positioning.Solvay SA holds a robust presence in the US Butyl Acetate Market, leveraging its extensive portfolio of chemical solutions that cater to various industrial segments. The company is well-regarded for its commitment to sustainability, reflecting through its product offerings that align with environmental regulations and customer preferences for greener alternatives. Solvay SA benefits from strong research and development capabilities that underpin its ability to innovate and create high-quality butyl acetate variants that meet stringent industry standards. This focus on innovation is complemented by a well-established distribution network, enhancing its capacity to serve customers effectively across the United States. With a reputation for reliability and quality, Solvay SA continues to strengthen its foothold in the market, making it a preferred choice for numerous manufacturers.BASF Corporation significantly impacts the US Butyl Acetate Market through its comprehensive range of products and services designed for various applications, including coatings and adhesives. The company boasts a strong market presence supported by a comprehensive portfolio that delivers high performance and meets customer needs across multiple sectors. BASF Corporation has successfully leveraged strategic mergers and acquisitions to enhance its capabilities and expand its market reach, enabling it to offer innovative solutions tailored to the regional market dynamics. The company's strong commitment to sustainability is reflected in its practices and product offerings, further solidifying its competitive advantage. With an emphasis on R&D, BASF Corporation continues to invest in sustainable technologies and processes that not only improve its products but also cater to the evolving expectations of customers in the US market.


Key Companies in the US Butyl Acetate Market Include:

Solvay SA


BASF Corporation


Celanese Corporation


Mitsubishi Gas Chemical Company


Kraton Corporation


Oxea GmbH


LyondellBasell Industries


SABIC


Univar Solutions


Wacker Chemie AG


Eastman Chemical Company


Daikin Industries


Merck KGaA


Parchem Fine and Specialty Chemicals


Huntsman Corporation


US Butyl Acetate Market Industry Developments


The US Butyl Acetate Market has seen notable recent developments, particularly concerning key companies like Solvay SA, BASF Corporation, and Celanese Corporation. In September 2023, BASF announced a strategic partnership aimed at enhancing its production capabilities, contributing to a competitive edge in the market. Additionally, LyondellBasell Industries reported a significant increase in production efficiency due to investment in advanced technologies, positively impacting profitability and growth within this sector. The acquisition activities have also been active, with Eastman Chemical Company completing its acquisition of a specialty chemicals firm in August 2023, amplifying its product offerings and market reach. Notably, in March 2022, Mitsubishi Gas Chemical Company invested in expanding its production capacity in the US, aligning with market growth trends that have been increasing since 2021 due to higher demand. The overall valuation of the US Butyl Acetate Market has experienced a steady rise, driven by the recovering economy, demand in the automotive and coatings sectors, and the ongoing focus on sustainable chemical processes. This trend is likely to shape future market dynamics and competitive strategies among leading companies.


US Butyl Acetate Market Segmentation Insights

Butyl Acetate Market Application Outlook


Paints


Coatings


Chemicals


Pharmaceuticals


Perfumes


Flavors

Butyl Acetate Market End-Use Industry Outlook


Automotive & Transportation


Building & Construction


Healthcare


Food & Beverage

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 206.64(USD Million)
MARKET SIZE 2024 213.36(USD Million)
MARKET SIZE 2035 313.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 3.545% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Million
KEY COMPANIES PROFILED Solvay SA, BASF Corporation, Celanese Corporation, Mitsubishi Gas Chemical Company, Kraton Corporation, Oxea GmbH, LyondellBasell Industries, SABIC, Univar Solutions, Wacker Chemie AG, Eastman Chemical Company, Daikin Industries, Merck KGaA, Parchem Fine and Specialty Chemicals, Huntsman Corporation
SEGMENTS COVERED Application, End-Use Industry
KEY MARKET OPPORTUNITIES Growing demand in coatings industry, Increasing use in adhesives applications, Expansion in personal care products, Rising need for solvent-based cleaners, Growth in packaging sector innovations
KEY MARKET DYNAMICS rising demand in coatings, growth in pharmaceuticals, expanding automotive applications, environmental regulations impact, fluctuating raw material prices
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Butyl Acetate Market is expected to be valued at 213.36 million USD in 2024.

By 2035, the US Butyl Acetate Market is projected to reach a valuation of 313.0 million USD.

The expected CAGR for the US Butyl Acetate Market from 2025 to 2035 is 3.545%.

The major application segments include paints, coatings, chemicals, pharmaceuticals, and perfumes.

The paints application in the US Butyl Acetate Market is expected to be valued at 90.0 million USD by 2035.

Key players in the market include Solvay SA, BASF Corporation, Celanese Corporation, and Mitsubishi Gas Chemical Company.

In 2024, the coatings application is expected to be valued at 45.0 million USD.

The chemicals application segment is anticipated to contribute 75.0 million USD to the market by 2035.

The pharmaceuticals application is expected to have a market value of 30.0 million USD in 2024.

Emerging trends and challenges in the market include evolving regulatory standards and shifting consumer preferences.

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