U.S. Methyl Acetate Market Size, Share, Trends, Industry Analysis Report : By Grade (Industrial, Pharmaceutical, Food Grade), By Purity, By Sales Channel, By End Use Industry – Market Forecast, 2025–2034
Description
The U.S. methyl acetate market size is expected to reach USD 171.76 million by 2034, according to a new study by Polaris Market Research. The report “U.S. Methyl Acetate Market Size, Share, Trends, Industry Analysis Report: By Grade (Industrial, Pharmaceutical, Food Grade), By Purity, By Sales Channel, By End Use Industry – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Methyl ethanoate, also known as methyl acetate, is an almost colorless, transparent liquid with a fast dispersing characteristic. It has a mild fruity scent and is flammable. It is used extensively as a solvent because it evaporates faster and dissolves a wide range of materials. Methyl ethanoate is used as an intermediate in chemical manufacturing and as a cleaning solvent in some processes. It is considered a solvent because its toxicity is low, and it is classified as a low-volatile organic compound (VOC). Thus, it is an alternative to more harmful solvents. Because of these attributes, it is used in many different types of products, ranging from industrial coatings to personal care products.
The U.S. methyl acetate market growth is attributed to increasing adoption of environmental legislation, which is pushing industries to adopt greener and healthier solvents. Another driver is the unchanged supply needed for the paints and coatings in the construction and automobile industries. This supply is needed to meet the unending demand for high-quality, resilient finishes on vehicles and buildings. Apart from that, the pharmaceutical market offers opportunities due to increasing demand for purified solvents for drug production. While there is demand for more and more innovative and green effective solvents, it is indeed a challenge in the varying elements market.
U.S. Methyl Acetate Market Report Highlights:
By grade, the industrial grade segment held the largest share of the market in 2024. This is driven by its widespread use as a cost-effective and high-performing solvent in major industries such as paints, coatings, and adhesives, where it is used in large volumes for mass-production processes.
By purity, the 90-99% purity segment held the largest share of the market in 2024. This is because it provides a good balance between cost and performance, making it the preferred choice for various industrial applications that do not require the ultra-high purity needed for more specialized uses.
By sales channel, the direct sales segment held the largest share of the market in 2024. This is due to major manufacturers selling their products directly to large industrial clients, which allows for better control over the supply chain and provides stability for high-volume customers who need a consistent supply.
By end-use industry, the paints and coatings industry held the largest share of the market in 2024. This is because the chemical is an essential solvent in the production of paints and coatings for the ever-growing construction and automotive sectors, where its quick evaporation and excellent solvency are highly valued.
A few key players in the market include Celanese Corporation, Eastman Chemical Company, Wacker Chemie AG, BASF SE, Thermo Fisher Scientific Inc., Merck KGaA, TCI Chemicals, and LyondellBasell Industries N.V.
Request a free sample copy or read the full market insights : U.S. methyl acetate market Report
Polaris Market Research has segmented the U.S. methyl acetate market report based on grade, purity, sales channel, and end use industry:
By Grade Outlook (Revenue – USD Million, 2020–2034)
Industrial
Pharmaceutical
Food Grade
By Purity Outlook (Revenue – USD Million, 2020–2034)
>= 99% Purity
90-99% Purity
<90% Purity
By Sales Channel Outlook (Revenue – USD Million, 2020–2034)
Direct
Indirect
By End Use Industry Outlook (Revenue – USD Million, 2020–2034)
Paints & Coatings
Adhesives & Sealants
Pharmaceuticals
Inks
Personal Care & Cosmetics
Others
Methyl ethanoate, also known as methyl acetate, is an almost colorless, transparent liquid with a fast dispersing characteristic. It has a mild fruity scent and is flammable. It is used extensively as a solvent because it evaporates faster and dissolves a wide range of materials. Methyl ethanoate is used as an intermediate in chemical manufacturing and as a cleaning solvent in some processes. It is considered a solvent because its toxicity is low, and it is classified as a low-volatile organic compound (VOC). Thus, it is an alternative to more harmful solvents. Because of these attributes, it is used in many different types of products, ranging from industrial coatings to personal care products.
The U.S. methyl acetate market growth is attributed to increasing adoption of environmental legislation, which is pushing industries to adopt greener and healthier solvents. Another driver is the unchanged supply needed for the paints and coatings in the construction and automobile industries. This supply is needed to meet the unending demand for high-quality, resilient finishes on vehicles and buildings. Apart from that, the pharmaceutical market offers opportunities due to increasing demand for purified solvents for drug production. While there is demand for more and more innovative and green effective solvents, it is indeed a challenge in the varying elements market.
U.S. Methyl Acetate Market Report Highlights:
By grade, the industrial grade segment held the largest share of the market in 2024. This is driven by its widespread use as a cost-effective and high-performing solvent in major industries such as paints, coatings, and adhesives, where it is used in large volumes for mass-production processes.
By purity, the 90-99% purity segment held the largest share of the market in 2024. This is because it provides a good balance between cost and performance, making it the preferred choice for various industrial applications that do not require the ultra-high purity needed for more specialized uses.
By sales channel, the direct sales segment held the largest share of the market in 2024. This is due to major manufacturers selling their products directly to large industrial clients, which allows for better control over the supply chain and provides stability for high-volume customers who need a consistent supply.
By end-use industry, the paints and coatings industry held the largest share of the market in 2024. This is because the chemical is an essential solvent in the production of paints and coatings for the ever-growing construction and automotive sectors, where its quick evaporation and excellent solvency are highly valued.
A few key players in the market include Celanese Corporation, Eastman Chemical Company, Wacker Chemie AG, BASF SE, Thermo Fisher Scientific Inc., Merck KGaA, TCI Chemicals, and LyondellBasell Industries N.V.
Request a free sample copy or read the full market insights : U.S. methyl acetate market Report
Polaris Market Research has segmented the U.S. methyl acetate market report based on grade, purity, sales channel, and end use industry:
By Grade Outlook (Revenue – USD Million, 2020–2034)
Industrial
Pharmaceutical
Food Grade
By Purity Outlook (Revenue – USD Million, 2020–2034)
>= 99% Purity
90-99% Purity
<90% Purity
By Sales Channel Outlook (Revenue – USD Million, 2020–2034)
Direct
Indirect
By End Use Industry Outlook (Revenue – USD Million, 2020–2034)
Paints & Coatings
Adhesives & Sealants
Pharmaceuticals
Inks
Personal Care & Cosmetics
Others
Table of Contents
128 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. U.S. Methyl Acetate Market Insights
- 4.1. U.S. Methyl Acetate Market – Market Snapshot
- 4.2. U.S. Methyl Acetate Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Stricter Government Regulations on VOCs
- 4.2.1.2. Growth in the Paints and Coatings Industry
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Health, safety, and exposure concerns
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. U.S. Methyl Acetate Market Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. U.S. Methyl Acetate Market, by Grade
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. U.S. Methyl Acetate Market, by Grade, 2020–2034 (USD Million)
- 5.3. Industrial
- 5.3.1. U.S. Methyl Acetate Market, by Industrial, by Region, 2020–2034 (USD Million)
- 5.4. Pharmaceutical
- 5.4.1. U.S. Methyl Acetate Market, by Pharmaceutical, by Region, 2020–2034 (USD Million)
- 5.5. Food Grade
- 5.5.1. U.S. Methyl Acetate Market, by Food Grade, by Region, 2020–2034 (USD Million)
- 6. U.S. Methyl Acetate Market, by Purity
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. U.S. Methyl Acetate Market, by Purity, 2020–2034 (USD Million)
- 6.3. >= 99% Purity
- 6.3.1. U.S. Methyl Acetate Market, by >= 99% Purity, by Region, 2020–2034 (USD Million)
- 6.4. 90-99% Purity
- 6.4.1. U.S. Methyl Acetate Market, by 90-99% Purity, by Region, 2020–2034 (USD Million)
- 6.5. <90% Purity
- 6.5.1. U.S. Methyl Acetate Market, by <90% Purity, by Region, 2020–2034 (USD Million)
- 7. U.S. Methyl Acetate Market, by Sales Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. U.S. Methyl Acetate Market, by Sales Channel, 2020–2034 (USD Million)
- 7.3. Direct
- 7.3.1. U.S. Methyl Acetate Market, by Direct, by Region, 2020–2034 (USD Million)
- 7.4. Indirect
- 7.4.1. U.S. Methyl Acetate Market, by Indirect, by Region, 2020–2034 (USD Million)
- 8. U.S. Methyl Acetate Market, by End Use
- 8.1. Key Findings
- 8.2. Introduction
- 8.2.1. U.S. Methyl Acetate Market, by End Use, 2020–2034 (USD Million)
- 8.3. Paints & Coatings
- 8.3.1. U.S. Methyl Acetate Market, by Paints & Coatings, by Region, 2020–2034 (USD Million)
- 8.4. Adhesives & Sealants
- 8.4.1. U.S. Methyl Acetate Market, by Adhesives & Sealants, by Region, 2020–2034 (USD Million)
- 8.5. Pharmaceuticals
- 8.5.1. U.S. Methyl Acetate Market, by Pharmaceuticals, by Region, 2020–2034 (USD Million)
- 8.6. Inks
- 8.6.1. U.S. Methyl Acetate Market, by Inks, by Region, 2020–2034 (USD Million)
- 8.7. Personal Care & Cosmetics
- 8.7.1. U.S. Methyl Acetate Market, by Personal Care & Cosmetics, by Region, 2020–2034 (USD Million)
- 8.8. Others
- 8.8.1. U.S. Methyl Acetate Market, by Others, by Region, 2020–2034 (USD Million)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. BASF SE
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Celanese Corporation
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Eastman Chemical Company
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. LyondellBasell Industries N.V.
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Merck KGaA
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. TCI Chemicals
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Thermo Fisher Scientific Inc.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Wacker Chemie AG
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
Pricing
Currency Rates
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