16 January 2019:
The Global
N-Butyl Acetate Market is likely to witness a surging growth in
the near future due its rising scope of applications and widening up of scope
globally. N-Butyl acetate can be defined as an ester that appears as a
colorless flammable liquid as far as room temperature in concerned. It is also
popularly known as butyl ethanoate. N-Butyl acetate can be observed in variety
of fruits, where it performs a main function of blending with additional
chemicals so that distinctive flavors can be passed on to fruits like banana or
apple imparting a sweet smell as well as flavor to them.
It has been proven quite functional as a synthetic fruit
that enhances the taste and savor in a wide range of foods like ice cream,
baked goods, cheeses, and candy. In addition, it plays a vital role as a
high-boiling solvent of average rate of polarity. The manufacturers are taking
up various steps to advance the product so that it can be employed for
burgeoning applications. Due to enhanced benefits and rising applications,
N-Butyl acetate is attaining huge popularity across various sectors.
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The prime factors that are responsible for the robust
N-Butyl Acetate Market growth may include rapid industrialization,
urbanization, constant innovations, burgeoning demands across various sectors,
rapid growth of the industries, developing regions, burgeoning applications,
and rising awareness among the end users regarding the efficiency.
N-Butyl Acetate Market is divided by product type into First
Grade, Qualified Grade, Superior Grade, and others. The market is segmented by
applications as Paints & Coatings Industry, Chemical & Pharmaceutical
Industry, Perfumes and Flavor Industry, and others. The industry is segregated
by geography as North America, Europe, China, Japan, Southeast Asia, and India.
Geographically, the N-Butyl Acetate Market is likely to
witness a robust growth in North America, the reason being constant
innovations, rising advancements, growing chemical industries, burgeoning
demands, and increase in the investments by the leading manufacturers. In
contrast, Asia Pacific is also gradually emerging as one of the promising
regions in the N-Butyl Acetate Market due to rising market growth opportunities
in the region.
The prominent players contributing in the development of
N-Butyl Acetate Industry are recognized by Shiny Chemical, Jidong Solvent,
OXEA, BASF, Longtian, Ineos Oxide, DOW, PETRONAS, Carbohim, Chang Chun
Petrochemical, Eastman, KH Neochem, Celanese Corporation, Handsome, Yankuang,
Jinyinmeng, Korea Alcohol Industrial, Baichuan, and Sanmu.
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