How big is the Methyl Acetate Market | Manufacturers and Suppliers List 2025

Code: MTA8222 Publication Date: Aug 2025

What is the size of Methyl Acetate Market?

According to 6Wresearch internal database and industry insights, the Global Methyl Acetate Market was valued at USD 0.67 Billion in 2024 and is expected to reach USD 0.91 Billion by 2031, growing at a compound annual growth rate of 7.30% during the forecast period (2025-2031).

The market continues to grow quickly, as manufacturers in the formulating sectors for paints, coatings, adhesives, and packaging adopt methyl acetate for its quick evaporation, low toxicity, and green solvent as part of the substrate formulations. The regulatory preference for VOCs also drives demand for products containing methyl acetate.

Growth Factors for Methyl Acetate Market

  • Rising demand for environmentally friendly solvents in paints and coatings applications
  • Increasing use in adhesives and sealants given positive solvency and compatibility
  • Rapid growth of the packaging industry is driving fast dry solvent demand
  • Growing use of methyl acetate in pharmaceutical and personal care formulations
  • Growing preference for low-VOC emissions in multiple manufacturing sectors

Methyl Acetate Market Trends

The Methyl Acetate Market trends reveal a growing shift towards sustainable solvent solutions driven by tightening emission standards and rising environmental awareness. Businesses are improving product formulations to decrease hazardous air pollutants, while still achieving effective performance in coatings and adhesives.

There is also greater use of methyl acetate in waterborne systems, high-solid coatings, and specialty chemical formulations. Industry stakeholders are pursuing product innovation directed towards related goals of the circular economy, which target niche applications across the electronics and personal care industries.

Emerging Developments in the Methyl Acetate Market

The Methyl Acetate Market is witnessing notable developments including technological advancements in solvent recovery systems, which enhance recyclability and reduce waste. Furthermore, manufacturers are investing in bio-based methyl acetate production from a renewable feedstock to satisfy sustainability criteria.

Alliances between chemical producers and end-user industries are further developing customized formulations with superior evaporation and solubility rates. Partnerships spanning the distribution industries throughout developing economies are also growing regional footprints and access to wider industrial markets.

List of Leading Companies in the Methyl Acetate Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1.Celanese Corporation

Company NameCelanese Corporation
Established Year1918
HeadquartersTexas, United States
Official WebsiteClick Here

Celanese is a key player producing high-purity methyl acetate used in coatings, adhesives, and solvents.

2.Eastman Chemical Company

Company NameEastman Chemical Company
Established Year1920
HeadquartersTennessee, United States
Official WebsiteClick Here

Eastman supplies methyl acetate for various industrial applications with a focus on clean formulation.

3.BASF SE

Company NameBASF SE
Established Year1865
HeadquartersLudwigshafen, Germany
Official WebsiteClick Here

BASF develops chemical intermediates including methyl acetate used in the paints and packaging industries.

4.Arkema Group

Company NameArkema Group
Established Year2004
HeadquartersColombes, France
Official WebsiteClick Here

Arkema manufactures methyl acetate for use in environmentally responsible coating and adhesive systems

5.Dow Inc.

Company NameDow Inc.
Established Year1897
HeadquartersMichigan, United States
Official WebsiteClick Here

Dow provides methyl acetate-based solutions optimized for high-performance solvent systems.

6.Showa Denko K.K.

Company NameShowa Denko K.K.
Established Year1939
HeadquartersTokyo, Japan
Official WebsiteClick Here

Showa Denko offers specialty chemicals including methyl acetate for pharmaceutical and electronics markets.

7.INEOS Group

Company NameINEOS Group
Established Year1998
HeadquartersLondon, United Kingdom
Official WebsiteClick Here

INEOS produces methyl acetate used in industrial coatings and printing inks.

8.Jiangsu Sopo Group

Company NameJiangsu Sopo Group
Established Year1958
HeadquartersZhenjiang, China
Official WebsiteClick Here

Jiangsu Sopo manufactures bulk methyl acetate serving paint, adhesive, and textile industries.

9.Wuxi Baichuan Chemical Industrial Co., Ltd.

Company NameWuxi Baichuan Chemical Industrial Co., Ltd
Established Year2002
HeadquartersJiangsu, China
Official WebsiteClick Here

Wuxi Baichuan is a leading Chinese producer of methyl acetate with exports to multiple industrial sectors.

10.Shandong Jianlan Chemical Co., Ltd.

Company NameShandong Jianlan Chemical Co., Ltd.
Established Year2010
HeadquartersShandong, China
Official WebsiteClick Here

Jianlan Chemical specializes in methyl acetate for paints, coatings, and flexible packaging applications.

How big is the Methyl Acetate Market : FAQ's

The Methyl Acetate Market is expected to reach USD 0.91 billion by 2031.
Leading companies include Celanese Corporation, Eastman Chemical Company, BASF SE, Arkema Group, and Dow Inc.
The Methyl Acetate Market is shaped by growing adoption of bio-based solvents, low-VOC product demand, and integration in waterborne coating systems.
Key growth sectors include paints and coatings, adhesives, packaging, electronics, and personal care formulations.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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