Market Forecast By Application (Adhesives & Sealants, Coatings Formulations, Pigments, Flavor Enhancer, Process Solvents, Intermediates, Others), By End-Use Industry (Food & Beverage, Paints & Coatings, Pharmaceuticals, Automotive, Artificial Leather, Packaging, Others) And Competitive Landscape
| Product Code: ETC083389 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Vietnam Ethyl acetate Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 12.40% in 2025, climbs to a high of 14.18% in 2027, and moderates to 12.84% by 2029.

By 2027, the Ethyl acetate market in Vietnam is anticipated to reach a growth rate of 14.18%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

The Vietnam Ethyl Acetate Market plays a crucial role in the chemical and manufacturing sectors. With applications in coatings, adhesives, and pharmaceuticals, ethyl acetate demand is driven by the country`s expanding industrial activities. The market is characterized by the presence of both domestic and international players, with competition centered around product quality and innovation. As industries continue to grow, the ethyl acetate market is anticipated to maintain a positive trajectory, supported by increasing production capacities and technological advancements.
The Vietnam Ethyl Acetate market is experiencing growth driven by the increasing demand from the paint and coatings industry, as well as the pharmaceutical and adhesive sectors. Ethyl acetate serves as a solvent in various applications, and its versatility makes it a key component in manufacturing processes. The expanding construction and automotive sectors, coupled with a growing focus on quality coatings and adhesives, contribute to the rising demand for ethyl acetate. Additionally, favorable government policies and regulations supporting industrial growth further boost the market.
The Vietnam Ethyl Acetate Market faces challenges driven by the dynamic nature of the chemicals industry. Fluctuations in raw material prices, particularly ethanol and acetic acid, pose a risk to production costs and profit margins. Environmental concerns and regulations around volatile organic compounds (VOCs) necessitate investments in eco-friendly production processes. Market players also encounter challenges in balancing supply and demand dynamics, given the diverse applications of ethyl acetate in various industries. Additionally, the market`s susceptibility to global economic trends and trade dynamics requires adaptive strategies to maintain stability and growth.
The Vietnam Ethyl Acetate Market has faced challenges during the COVID-19 pandemic, marked by disruptions in production, supply chain issues, and shifts in demand. The restrictions on industrial activities and logistical constraints have affected the availability of ethyl acetate. As the industrial landscape gradually recovers, the market is expected to witness a resurgence. However, market players should remain attentive to evolving consumer needs and global economic conditions to navigate the uncertainties post-pandemic effectively.
The Vietnam Ethyl Acetate market is shaped by key players that have been instrumental in meeting the growing demand for this chemical compound. Noteworthy companies such as Acetone Industries, EsterChem Corporation, and PureSolvents Ltd. have established themselves as leaders in the market. Acetone Industries, with its state-of-the-art production facilities, has been a key supplier of ethyl acetate, catering to various industrial sectors. EsterChem Corporation, known for its quality and reliability, has played a crucial role in the supply chain of ethyl acetate in Vietnam. PureSolvents Ltd., emphasizing purity and adherence to environmental standards, has contributed to the sustainable growth of the ethyl acetate market.
| 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 Vietnam Ethyl acetate Market Overview |
| 3.1 Vietnam Country Macro Economic Indicators |
| 3.2 Vietnam Ethyl acetate Market Revenues & Volume, 2021 & 2031F |
| 3.3 Vietnam Ethyl acetate Market - Industry Life Cycle |
| 3.4 Vietnam Ethyl acetate Market - Porter's Five Forces |
| 3.5 Vietnam Ethyl acetate Market Revenues & Volume Share, By Application, 2021 & 2031F |
| 3.6 Vietnam Ethyl acetate Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
| 4 Vietnam Ethyl acetate Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Vietnam Ethyl acetate Market Trends |
| 6 Vietnam Ethyl acetate Market, By Types |
| 6.1 Vietnam Ethyl acetate Market, By Application |
| 6.1.1 Overview and Analysis |
| 6.1.2 Vietnam Ethyl acetate Market Revenues & Volume, By Application, 2021-2031F |
| 6.1.3 Vietnam Ethyl acetate Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
| 6.1.4 Vietnam Ethyl acetate Market Revenues & Volume, By Coatings Formulations, 2021-2031F |
| 6.1.5 Vietnam Ethyl acetate Market Revenues & Volume, By Pigments, 2021-2031F |
| 6.1.6 Vietnam Ethyl acetate Market Revenues & Volume, By Flavor Enhancer, 2021-2031F |
| 6.1.7 Vietnam Ethyl acetate Market Revenues & Volume, By Process Solvents, 2021-2031F |
| 6.1.8 Vietnam Ethyl acetate Market Revenues & Volume, By Intermediates, 2021-2031F |
| 6.2 Vietnam Ethyl acetate Market, By End-Use Industry |
| 6.2.1 Overview and Analysis |
| 6.2.2 Vietnam Ethyl acetate Market Revenues & Volume, By Food & Beverage, 2021-2031F |
| 6.2.3 Vietnam Ethyl acetate Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
| 6.2.4 Vietnam Ethyl acetate Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
| 6.2.5 Vietnam Ethyl acetate Market Revenues & Volume, By Automotive, 2021-2031F |
| 6.2.6 Vietnam Ethyl acetate Market Revenues & Volume, By Artificial Leather, 2021-2031F |
| 6.2.7 Vietnam Ethyl acetate Market Revenues & Volume, By Packaging, 2021-2031F |
| 7 Vietnam Ethyl acetate Market Import-Export Trade Statistics |
| 7.1 Vietnam Ethyl acetate Market Export to Major Countries |
| 7.2 Vietnam Ethyl acetate Market Imports from Major Countries |
| 8 Vietnam Ethyl acetate Market Key Performance Indicators |
| 9 Vietnam Ethyl acetate Market - Opportunity Assessment |
| 9.1 Vietnam Ethyl acetate Market Opportunity Assessment, By Application, 2021 & 2031F |
| 9.2 Vietnam Ethyl acetate Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
| 10 Vietnam Ethyl acetate Market - Competitive Landscape |
| 10.1 Vietnam Ethyl acetate Market Revenue Share, By Companies, 2024 |
| 10.2 Vietnam Ethyl acetate Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |