The major players in the carboxylic acids based esters market include Sasol, Green Biologics, Eastman, Celanese, INEOS, Jiangsu Sopo, Yip’s Chemical, Jinyimeng, Wacker.
Strong growth in the building & construction industry, paints & coatings, and other manufacturing industries in growing economies such as China, India, Brazil, and other countries in Asian is estimated to contribute significantly to the growing market in the upcoming years. Also, several packaging manufacturers, especially food packagers and others such as electronic goods, toys, consumer goods, chemicals, pharmaceuticals, cosmetics & personal care, are witnessing a shift in trends. Hence, global demand is likely to boost the carboxylic acids based esters. Meanwhile, fluctuation in the cost of raw material and Strict regulations and norms by different bodies is projected to restrain the market growth.
By Product Type
- Ethyl Acetate
- Geranyl Propionate
- Propyl Propanoate
- Ethyl Butanoate
- Methyl Butanoate
- Others
By Application
- Paints & Coatings
- Printing Inks
- Cosmetics & Personal Care
- Pharmaceuticals
Source: https://www.valuemarketresearch.com/report/carboxylic-acids-based-esters-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.