Amyl Acetate Market - Global Industry Analysis

Amyl Acetate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2028

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-6924 Status : Upcoming

Description

Global Amyl Acetate Market: Overview

Amyl acetate is a colorless organic compound having the molecular formula C7H14O2. It smells like a banana and is liquid in nature. Amyl acetate holds electrical resistivity for coating. However, these are manufactured via a fermentation process between alcohol and acetic acid. Also, it is manufactured with the help of an esterification reaction of 1-pentanol and acetic acid. It has low toxicity and can effectively be used in respirators. It is widely available in both synthetic and natural forms. However, it is used to manufacture around 40 artificial flavors, including coffee, apple, and many others.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Amyl Acetate Market: Growth Factors

The global amyl acetate market is likely to surpass $67.5 million with a healthy CAGR of 2.7 % during the forecast period. The growing demand for the end-users sector engaging in flavor, fragrance, painting, coating, and similar spaces is likely to boost the growth of the global amyl acetate market. Additionally, amyl acetate is used in the preparation of personal care and cosmetic care products due to its superior qualities like fruit smell. Also, amyl acetate is widely used as a respirator for detecting flaws in gas. Also, owing to its high solubility nature, it is more popularly used in varnishes applications. Furthermore, amyl acetates are largely utilized in different food applications due to the growing awareness regarding their flavoring agent qualities. It is more in use in developed regions globally. However, market leaders are raising their Investments to develop qualitative amyl acetate products, which in turn is likely to scale up the growth of the global amyl acetate market. Additionally, the ongoing technological advancements and research & development activities are likely to further complement the market growth. Market leaders are taking several initiatives to strengthen the distribution network to expand their customer base globally. The growing awareness among people regarding its benefit is largely replacing other products. Thereby, the number of applications offered by amyl acetate is growing with time. Therefore, to cater such surging demand, manufacturers are strategically expanding their production capabilities. The outbreak of the Covid-19 pandemic has significantly affected the growth trajectory of the global amyl acetate market, but with the ease in the pandemic situation, the market is likely to see a speedy recovery in the forthcoming years.

Global Amyl Acetate Market: Segmentation

The global amyl acetate market can be segmented into application, classification, and region.

By application, the market can be segmented into leather polishes, cleaning, flavors & fragrances, paint & coatings, and others.

By classification, the market can be segmented into synthetic and natural. The synthetic segment accounts for the largest share in the global amyl acetate market due to the high adoption rate of synthetic pentanol isomers largely as flavoring agents. Furthermore, the growing investments by market leaders to develop qualitative amyl acetate products will contribute to the growth of the segment. The natural segment is likely to grow significantly in the forthcoming years with a CAGR of 3.0 % due to the massive adoption rate of natural amyl acetate in different applications in developed regions.

Global Amyl Acetate Market: Regional analysis

Asia Pacific accounts for the largest share in the global amyl acetate market due to the fast proliferating food sector in the region, along with the frequent product launches by market leaders.

North America is also a leading region in the global market due to the presence of prominent market leaders and growing investments by top leading players to innovate qualitative products in the region. However, the growing adoption of pentanol isomers in food applications is likely to complement the growth of the regional market during the forecast period.

Global Amyl Acetate Market: Competitive Players

Some of the significant players in the global amyl acetate market include Avid Organics Pvt Ltd, Nimble Technologies Pvt Ltd, G.AROCHEM INDUSTRIES., Chemoxy International Ltd, Sisco Research Laboratories Pvt. Ltd., Merck Millipore, and Sigma Aldrich.

Global Amyl Acetate Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The global amyl acetate market is likely to surpass $67.5 million with a healthy CAGR of 2.7 % during the forecast period. The growing demand for the end-users sector engaging in flavor, fragrance, painting, coating, and similar spaces is likely to boost the growth of the global amyl acetate market.

Some of the significant players in the global amyl acetate market include Avid Organics Pvt Ltd, Nimble Technologies Pvt Ltd, G.AROCHEM INDUSTRIES., Chemoxy International Ltd, Sisco Research Laboratories Pvt. Ltd., Merck Millipore, and Sigma Aldrich.

 

Asia Pacific accounts for the largest share in the global amyl acetate market due to the fast proliferating food sector in the region, along with the frequent product launches by market leaders.

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