North East Asian Butyl Acetate Market Forecast 2018-2023
The analytical research projects that the North East Asian production of butyl acetate is likely to grow to around 1.1 million tons in the medium term. Similar dynamics of the overall installed production capacities in the region are expected. Their annual average utilization rates are also expected to grow. In addition, the market is forecast to become relatively unbalanced in terms of supply and demand, also showing moderately upwards dynamics in the medium term.
Consumption of butyl acetate in surface coatings depends heavily on construction activity, automotive production, as well as on refinish activity. Another leading trend on the butyl acetate market is linked with usually strong demand during the peak season for solvents. The chemical is predominantly used as a lacquer solvent in automotive paint and surface coatings for wood furniture, as well as for film-formers.
As an overall, the report presents a strategic analysis of the butyl acetate market in North East Asia and a forecast for its development in the medium term. It provides a comprehensive overview of the market, its dynamics, structure, characteristics, main players, production capacities, trends, prices, production, imports, exports, growth and demand drivers, and all other important factors, influencing its development.
The research report has been prepared using the unique Williams and Marshall Strategy's methodology, including a blend of qualitative and quantitative data. The information comes from official sources and insights from market experts (representatives of the main market participants)
The report includes information on the following companies:
• Dongying Yimeide Chemicals;
• Foshan Shunde Shunguan Gas Solvent;
• Guangxi Xintiande Energy;
• Guangzhou Zhujiang Chemical;
• Hebei Shijiazhuang Xinyu Sanyang Industrial;
• Huizhou Shengda Chemical;
• Jiangmen Handsome;
• Nanchang Ganjiang Solvent;
• Shandong Jinyimeng Group;
You can find more information about this report here: https://www.wm-