Business

Navigating the Ethyl Acetate Market: Understanding Price Trends

During the specified period, the Asian ethyl acetate market witnessed mixed price trends with an initial rise in the first quarter driven by heightened demands during the Chinese New Year, but subsequently experienced a steady decline as inventory levels met the waning demands. In Europe, ethyl acetate prices started well but fell by mid-Q1 and continued decreasing until the end of Q2, attributed to reduced offtakes and lowered upstream costs. Conversely, the North American market showed strong performance as prices steadily rose in both quarters, fueled by demand from coating and adhesive industries and supported by inventory fluctuations and the industrial maintenance season.

Request for Real-Time Ethyl Acetate Prices: https://www.procurementresource.com/resource-center/ethyl-acetate-price-trends/pricerequest

Definition

Ethyl Acetate is a chemical compound with the formula CH3COOC2H5. It is a colorless, sweet-smelling liquid used in various industries as a solvent, primarily in paints, coatings, and adhesives. Ethyl Acetate is also found naturally in fruits and contributes to their characteristic fruity aroma. Due to its low toxicity and pleasant scent, it is commonly utilized in flavorings and fragrances as well.

Key Details About the Ethyl Acetate Price Trends:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Ethyl Acetate in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The ethyl acetate price trends, including India Ethyl Acetate price, USA ethyl acetate price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Ethyl Acetate Price Trends:

Ethyl Acetate finds key industrial uses as a solvent in various applications. It is widely employed in the paint and coating industry for its ability to dissolve resins and create smooth and even finishes. Additionally, Ethyl Acetate is utilized as a solvent in the production of adhesives, providing effective bonding properties. Its low toxicity and pleasant odor make it suitable for use in the food and fragrance industries, where it is employed in flavorings and perfumes to enhance sensory characteristics.

Key Players:

  • Solvay S.A
  • Merck KGaA
  • Jiangsu Sopo Corporation (Group) Ltd
  • Celanese Corporation

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: sales@procurementresource.com
Toll-Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Jhony Walker

I am Digital marketing expert with over 5+ experience.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button