| Product Code: ETC4682856 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Lithuania continued to see significant ethyl acetate import shipments, with top exporting countries being Belgium, Netherlands, Poland, Germany, and Austria. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market with limited competition. The compound annual growth rate (CAGR) from 2020 to 2024 was -3.78%, reflecting a slight decline in demand. Furthermore, the growth rate in 2024 dropped significantly by -43.76%, suggesting a challenging year for ethyl acetate imports in Lithuania. It will be interesting to monitor how these trends evolve in the coming years.

Lithuania's Ethyl acetate market is anticipated to experience a stable growth rate of 3.75% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Lithuania Ethyl acetate Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Ethyl acetate Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Ethyl acetate Market - Industry Life Cycle |
3.4 Lithuania Ethyl acetate Market - Porter's Five Forces |
3.5 Lithuania Ethyl acetate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Lithuania Ethyl acetate Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Lithuania Ethyl acetate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for ethyl acetate in various industries such as paints coatings, pharmaceuticals, and food & beverage |
4.2.2 Increasing investments in research and development activities for the development of innovative products |
4.2.3 Favorable government regulations and policies supporting the growth of the chemical industry in Lithuania |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of ethyl acetate |
4.3.2 Environmental concerns leading to the shift towards eco-friendly alternatives |
4.3.3 Intense competition from other solvents and chemicals in the market |
5 Lithuania Ethyl acetate Market Trends |
6 Lithuania Ethyl acetate Market Segmentations |
6.1 Lithuania Ethyl acetate Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Ethyl acetate Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
6.1.3 Lithuania Ethyl acetate Market Revenues & Volume, By Coatings Formulations, 2021-2031F |
6.1.4 Lithuania Ethyl acetate Market Revenues & Volume, By Pigments, 2021-2031F |
6.1.5 Lithuania Ethyl acetate Market Revenues & Volume, By Flavor Enhancer, 2021-2031F |
6.1.6 Lithuania Ethyl acetate Market Revenues & Volume, By Process Solvents, 2021-2031F |
6.1.7 Lithuania Ethyl acetate Market Revenues & Volume, By Intermediates, 2021-2031F |
6.2 Lithuania Ethyl acetate Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Ethyl acetate Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 Lithuania Ethyl acetate Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.4 Lithuania Ethyl acetate Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Lithuania Ethyl acetate Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 Lithuania Ethyl acetate Market Revenues & Volume, By Artificial Leather, 2021-2031F |
6.2.7 Lithuania Ethyl acetate Market Revenues & Volume, By Packaging, 2021-2031F |
7 Lithuania Ethyl acetate Market Import-Export Trade Statistics |
7.1 Lithuania Ethyl acetate Market Export to Major Countries |
7.2 Lithuania Ethyl acetate Market Imports from Major Countries |
8 Lithuania Ethyl acetate Market Key Performance Indicators |
8.1 Capacity utilization rate of ethyl acetate production facilities in Lithuania |
8.2 Percentage of ethyl acetate production meeting quality standards and regulations |
8.3 Research and development expenditure dedicated to ethyl acetate innovation and process optimization |
8.4 Number of new applications or industries adopting ethyl acetate as a solvent |
8.5 Sustainability metrics such as carbon footprint reduction initiatives within the ethyl acetate production processes |
9 Lithuania Ethyl acetate Market - Opportunity Assessment |
9.1 Lithuania Ethyl acetate Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Lithuania Ethyl acetate Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Lithuania Ethyl acetate Market - Competitive Landscape |
10.1 Lithuania Ethyl acetate Market Revenue Share, By Companies, 2024 |
10.2 Lithuania Ethyl acetate Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |