During the specified period, the Asian Ethyl Acetate market witnessed mixed price trends with an initial rise in the first quarter driven by heightened demands during the Chinese New Year, but subsequently experienced a steady decline as inventory levels met the waning demands. In Europe, Ethyl Acetate price forecast started well but fell by mid-Q1 and continued decreasing until the end of Q2, attributed to reduced offtakes and lowered upstream costs. Conversely, the North American market showed strong performance as prices steadily rose in both quarters, fueled by demand from coating and adhesive industries and supported by inventory fluctuations and the industrial maintenance season.

Definition

Ethyl Acetate is a chemical compound with the formula CH3COOC2H5. It is a colorless, sweet-smelling liquid used in various industries as a solvent, primarily in paints, coatings, and adhesives. Ethyl Acetate is also found naturally in fruits and contributes to their characteristic fruity aroma. Due to its low toxicity and pleasant scent, it is commonly utilized in flavorings and fragrances as well.

Key Details About the Ethyl Acetate Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Ethyl Acetate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Request for Real-Time Ethyl Acetate Prices: https://www.procurementresource.com/resource-center/ethyl-acetate-price-trends/pricerequest

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Ethyl Acetate Price chart, including India Ethyl Acetate price, USA Ethyl Acetate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Ethyl Acetate Price Trend:

Ethyl acetate is a versatile solvent with a variety of industrial applications, which can significantly impact its price trend. Some of the key industrial uses of ethyl acetate include:

1. Paints and Coatings: Ethyl acetate is commonly used as a solvent in the production of paints, coatings, and varnishes. It is valued for its ability to dissolve resins and provide a smooth finish. Fluctuations in the demand for paints and coatings can influence the price of ethyl acetate.
2. Adhesives and Sealants: Ethyl acetate is used as a solvent in the manufacturing of adhesives and sealants. These products are used in various industries, including automotive, construction, and packaging. Changes in demand within these sectors can impact the price of ethyl acetate.
3. Printing Inks: Ethyl acetate is a common solvent in the production of printing inks, particularly in flexographic and gravure printing. Fluctuations in the printing industry, such as changes in advertising spending or technological advancements, can affect the demand for ethyl acetate.
4. Pharmaceuticals: Ethyl acetate is utilized in the pharmaceutical industry for various purposes, including as a solvent in the production of medications and as an extraction solvent in the purification of natural products. Shifts in pharmaceutical demand, patent expirations, and regulatory changes can influence ethyl acetate prices.
5. Food and Beverage Industry: Ethyl acetate is used as a flavoring agent in food and beverages and as a solvent in the extraction of natural flavors and fragrances. Changes in consumer preferences, regulatory standards, and the availability of natural resources can impact its price in this sector.
6. Cosmetics and Personal Care Products: Ethyl acetate is used in the production of cosmetics and personal care products such as nail polish removers, hair sprays, and perfumes. Trends in the cosmetics industry, including shifts towards natural and sustainable ingredients, can affect the demand for ethyl acetate.
7. Chemical Intermediates: Ethyl acetate serves as a chemical intermediate in the synthesis of various chemicals, including esters, acids, and other solvents. Changes in the availability and cost of raw materials, as well as advancements in chemical manufacturing processes, can influence its price as a feedstock.
8. Other Applications: Ethyl acetate is also used in other industrial sectors such as textiles, electronics, and leather processing. Developments in these industries can impact the overall demand for ethyl acetate and consequently its price trend.

Factors such as raw material costs, energy prices, regulatory policies, and global economic conditions can also influence the price trend of ethyl acetate in the industrial market. Additionally, any disruptions in the supply chain, such as natural disasters or geopolitical tensions, can lead to short-term fluctuations in prices.

Key Players:

• Solvay S.A
• Merck KGaA
• Jiangsu Sopo Corporation (Group) Ltd
• Celanese Corporation

About Us:

Procurement Resource is a trusted provider of comprehensive market research solutions, catering to diverse industries with a focus on chemicals, commodities, and utilities. With a dedicated team of seasoned analysts, we ensure our clients receive the latest market reports, cost models, price analysis, and category insights, updated regularly to reflect the dynamic market landscape. Our commitment to delivering accurate and timely information empowers procurement teams to make informed decisions, optimize supply chains, and capitalize on emerging trends for sustainable growth. By fostering collaboration and leveraging industry expertise, we strive to be the preferred partner for organizations seeking actionable insights and strategic guidance in their procurement endeavors.

Contact Us:

Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: [email protected]
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA