The Global Ethyl Acetate Market Is Witnessing High Growth Owing To the Increasing Prevalence of Chemical Companies in the World


Ethyl acetate is a colorless liquid with a distinctive sweet aroma. It is used in nail polish removers, glues, and the decaffeination process. However, it is also a chemical irritant and should be avoided when possible. Ethyl acetate is a byproduct of the fermentation of ethanol. It can also be obtained from the esterification of ethylene or acetaldehyde. The production of ethyl acetate depends on the nature of the catalyst. Historically, it was made by distilling ethanol and acetic acid in the presence of sulfuric acid. However, today, it is produced in commercial quantities using the Tishchenko method, which condenses two equivalents of acetaldehyde in ethanol. Another commercially viable process is Fischer esterification, which involves reacting ethanol and acetic acid under acid catalysis. Other methods include the ethanolysis of polyvinyl acetate and the alkylation of acetic acid. 

Major players operating in the global ethyl acetate market include IOL Chemicals and Pharmaceuticals, Korea Alcohol, Sekab, GODAVARI BIOREFINERIES LTD., Jubilant, Wuxi Baichuan, Jiangmen Handsome, Jiangsu Sopo, Eastman Chemical, Celanese, and INEOS.

Increasing developments in the global ethyl acetate market are expected to augment the growth of the market. For instance, in May 2019, IOL Chemicals and Pharmaceuticals announced that it will be expanding its production facilities in Punjab, India. This expansion will aid to enhance the production capacity of numerous chemical ingredients such as Ethyl Acetate. Ethyl acetate is a colorless, acidic solvent that can be used in a number of different applications. Its fruity taste makes it a popular flavor enhancer in pharmaceuticals and foods, and it is also used as an air care solvent. It can also be used as an additive in food and in some types of packaging materials. It is a common solvent for thin-layer chromatography. Moreover, the high usage of ethyl acetate in several end-use sectors is estimated to enhance the growth of the global ethyl acetate market. 

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