Thailand Ethyl acetate Market (2025-2031) Outlook | Value, Forecast, Share, Companies, Revenue, Growth, Industry, Analysis, Size & Trends

Thailand Ethyl Acetate Market Synopsis

The ethyl acetate market in Thailand is estimated to be worth about $110 million with a compound annual growth rate of 6.5 percent over the forecast period. It is mainly used as a solvent by food & beverage, coatings, pharmaceuticals and other industries due to its low toxicity level and high solubility in water as well as organic compounds. The majority of demand originates from coating applications followed by cleaning agents/detergents at 20%, pharmaceuticals at 15% and perfumes/fragrances at 10%.

Drivers of the Market

The Thailand ethyl acetate market`s growth is influenced by its applications in paints, coatings, adhesives, and pharmaceuticals. As construction and industrial activities expand, the demand for ethyl acetate-based products increases. The cosmetics and fragrance industry also contributes to the market`s growth.

Challenges of the Market

The Thailand ethyl acetate market grapples with challenges such as fluctuating prices of raw materials and feedstocks. Economic uncertainties and geopolitical factors can impact the cost and availability of key inputs. Ensuring a stable supply chain, managing price volatility, and addressing concerns about emissions during production are key challenges.

COVID-19 Impact on the Market

The Thailand ethyl acetate market experienced supply chain disruptions and reduced demand from sectors such as paints, coatings, and adhesives. As construction and manufacturing projects were delayed, the market faced challenges. The market`s recovery depends on the revival of these industries and increased consumer spending.

Key Players in the Market

Key players in the Thailand ethyl acetate market include INEOS Group Holdings S.A., Celanese Corporation, and Eastman Chemical Company. These companies are significant suppliers of ethyl acetate used in coatings, adhesives, and solvent applications. Their technological expertise and commitment to sustainability make them leaders within the ethyl acetate industry.

Key Highlights of the Report:

• Thailand Ethyl acetate Market Outlook
• Market Size of Thailand Ethyl acetate Market, 2024
• Forecast of Thailand Ethyl acetate Market, 2031
• Historical Data and Forecast of Thailand Ethyl acetate Revenues & Volume for the Period 2021-2031
• Thailand Ethyl acetate Market Trend Evolution
• Thailand Ethyl acetate Market Drivers and Challenges
• Thailand Ethyl acetate Price Trends
• Thailand Ethyl acetate Porter's Five Forces
• Thailand Ethyl acetate Industry Life Cycle
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Application for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Adhesives & Sealants for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Coatings Formulations for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Pigments for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Flavor Enhancer for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Process Solvents for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Intermediates for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Others for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By End-Use Industry for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Food & Beverage for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Paints & Coatings for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Automotive for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Artificial Leather for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Packaging for the Period 2021-2031
• Historical Data and Forecast of Thailand Ethyl acetate Market Revenues & Volume By Others for the Period 2021-2031
• Thailand Ethyl acetate Import Export Trade Statistics
• Market Opportunity Assessment By Application
• Market Opportunity Assessment By End-Use Industry
• Thailand Ethyl acetate Top Companies Market Share
• Thailand Ethyl acetate Competitive Benchmarking By Technical and Operational Parameters
• Thailand Ethyl acetate Company Profiles
• Thailand Ethyl acetate Key Strategic Recommendations