Driving Growth: Insights into the Asia Pacific Butyl Acetate Market
According to ChemAnalyst report, the top Asian producers of Butyl Acetate were Baichuan Chemical Industrial Co., Ltd, Jiangmen Handsome Chemical Development, Celanese Singapore Pte Ltd. Geographically, Asia Pacific region held major shares of the Butyl Acetate market in terms of volume across the globe. However, during the first half of 2023, Butyl Acetate prices showed multiple variations in the Asia Pacific region. Prices for butyl acetate in Asian nations increased from January to the middle of February 2023 as manufacturing expenses increased as a result of high feedstock butanol prices. As the construction sector was in full swing, usage in downstream paints & coatings and adhesive usage also rose Butyl acetate's price, on the other hand, started to trend downward in the middle of February 2023. The Asia Pacific Butyl Acetate market size was roughly 1480 thousand tonnes in 2022 and is expected to grow at a CAGR of 5.33% during the forecast period until 2032. ...