Global Carboxylic Acid-based Esters Market: Rising Use of Printing Inks Drives Demand, notes TMR

Transparency Market
Research
CARBOXYLIC ACIDS BASED ESTERS MARKET - GLOBAL INDUSTRY
ANALYSIS, TRENDS AND FORECAST 2015 – 2023
Published Date
13-Jan-2016
137 Page Report
Buy Now
Request Sample
Press Release
Global Carboxylic Acid-based Esters Market: Rising Use of Printing Inks
Drives Demand : TMR
Transparency Market Research
State Tower,
90, State Street, Suite 700.
Albany, NY 12207
United States
www.transparencymarketresearch.com
[email protected]
Carboxlylic Acids Based Esters Market
REPORT DESCRIPTION
Carboxylic Acids Based Esters Market for Paints & Coatings,
Printing Inks, Cosmetics & Personal Care, Pharmaceuticals, Flavors
& Fragrances, and Other Applications - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
The global carboxylic acid-based esters market is dominated by companies such as INEOS AG,
Jinyimeng Group Co. Ltd., Yip’s Chemical Holdings Ltd. (Jiangmen Handsome), Celanese
Corporation, and Jiangsu Sopo (Group) Co. Ltd. According to Transparency Market Research (TMR),
these five companies collectively accounted for 45.1% of the global carboxylic acid-based esters
market in 2014. Other leading players in the carboxylic acid-based esters market are Showa Denko,
Wuxi Baichuan Chemical, BASF SE, Shanghai Wujing Chemical Co. Ltd., Sipchem, and Oxea.
The global carboxylic acid-based esters market’s valuation was US$8.4 bn in 2014 and is expected to
exhibit a steady CAGR of 5.3% from 2015 to 2023. The market’s final valuation is likely to be
US$13.4 bn.
Request For Sample Of This Report:
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=8566
Ethyl Acetate to Remain Leading Revenue Generator
The global carboxylic acid-based esters market is dominated by ethyl acetate, n-butyl acetate, and
methyl acetate, which are likely to remain the market’s leading product segments through the 20152023 forecast period. Ethyl acetate alone accounts for around 30% of the carboxylic acid-based
esters market and is likely to be the leading contributor in the coming years. In addition to these,
esters such as eugenyl acetate, geranyl propionate, phenethyl acetate, and phenethyl propionate
represent low-volume product segments that nevertheless offer a good profit margin due to their high
prices.
By application, the paints and coatings industry dominated the demand from the global carboxylic
acid-based esters market in 2014 and is likely to remain the leading contributor in the coming years.
The segment’s 40% share in the carboxylic acid-based esters market in 2014 was due primarily to the
use of a mixture of ethyl acetate and butyl acetate as a solvent for many paint and coating
formulations.
2
Transparency Market Research
Carboxlylic Acids Based Esters Market
Geographically, Asia Pacific is the leading market for carboxylic acid-based esters. Due to the growth
of the manufacturing sector in countries such as China, India, Taiwan, South Korea, the demand for
paints and coatings has risen steadily, driving the carboxylic acid-based esters market. The share of
Asia Pacific in the global market for carboxylic acid-based esters is expected to rise to 59.3% by the
end of 2023.
Browse Full Market Research Report TOC:
http://www.transparencymarketresearch.com/carboxylic-acids-based-esters-market.html
Rising Demand for Paints in Booming Construction Industry Vital for Carboxylic Acid-based
Esters Market
One of the prime drivers for the global carboxylic acid-based esters market is the steady expansion of
the construction industry, particularly in developing economies. Being relatively safe from the recent
global economic crises, the rising disposable income of consumers in emerging regions such as Asia
Pacific, Latin America, and the Middle East has driven the construction industry at a strong rate. The
need for paints in new construction projects has thus become a key driver for the carboxylic acidbased esters market in the last few years.
The booming packaging industry, driven by the globalization of the food and beverage industry and
the growing popularity of online shopping websites, has also played a key role in the growth of the
carboxylic acid-based esters market in the last few years. Like paints and coatings, printing inks also
need a stable solvent. The printing inks industry has thus become another key application area for the
carboxylic acid-based esters market.
On the other hand, the unstable pricing structure of the global oil and gas industry has been a key
restraint on the carboxylic acid-based esters market. While the petroleum industry is showing no
signs of settling down, the development of carboxylic acid-based esters derived from more easily
available biobased sources is likely to help the carboxylic acid-based esters industry overcome the
effect of fluctuations in the petroleum industry’s pricing in the coming years.
Browse The Press Release For Report:
http://www.transparencymarketresearch.com/pressrelease/global-carboxylic-acidsbased-esters-industry.htm
3
Transparency Market Research
Carboxlylic Acids Based Esters Market
TABLE OF CONTENT
Chapter 1 - Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope
1.4 Research Methodology
1.5 Assumptions
Chapter 2 - Executive Summary
2.1 Global Carboxylic Acids Based Esters Market, Volume and Revenue, (Kilo Tons) (US $ Mn),
2014–2023
2.2 Market Snapshot
Chapter 3 - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Dynamics
3.3.1 Driver 1- High Demand for Acid Esters as Solvents in Paints & Coatings is Expected to
Drive Demand for Carboxylic Acids Based Esters
3.3.2 Driver 2- Rising Demand for Printing Inks in the Packaging Industry is Anticipated to
Accelerate Growth of the Carboxylic Acids Based Esters Market
3.3.3 Driver 3- Increasing Demand for Carboxylic Acids Based Esters in Flavors & Fragrances is
Expected to Boost Market Growth
3.3.4 Restraint 1 – Volatility in Raw Material Prices is Expected to Hamper Market Growth
3.3.5 Opportunity 1 – Bio-based Carboxylic Acids Based Esters Likely to Provide Significant
Opportunities
3.4 Porter’s Five Forces Analysis
3.5 Market Attractiveness Analysis – Carboxylic Acids Based Esters Market, By Application
3.6 Company Market Share – Carboxylic Acids Based Esters Market, % Share, 2014
Chapter 4 - Carboxylic Acids Based Esters - Price Trend Analysis, 2015-2023 (US$/Ton)
4.1 Carboxylic Acids Average Price Trend Analysis, 2014–2023 (US$/Ton)
4.2 Alcohols Average Price Trend Analysis, 2014–2023 (US$/Ton)
4
Transparency Market Research
Carboxlylic Acids Based Esters Market
4.3 Carboxylic Acids Based Esters Market, Price Trend Analysis, by Product Segment, 2014–2023
(US$/Ton)
Chapter 5 – List of Key Customers for the Carboxylic Acids Based Esters Market
Chapter 6 - Market Segmentation (By Product)
6.1 Global Carboxylic Acids Based Esters Market - Product Segment Overview
6.2 Global Carboxylic Acids Based Esters Market Volume, by Product, 2014–2023 (Kilo Tons)
6.3 Global Carboxylic Acids Based Esters Market Revenue, by Product, 2014–2023 (US$ Mn)
Chapter 7 - Market Segmentation (By Application Global Carboxylic Acids Based Esters
Market – Application Overview
7.1 Global Carboxylic Acids Based Esters Market for Paints & Coatings Application, 2014–2023 (Kilo
Tons) (US$ Mn)
7.2 Global Carboxylic Acids Based Esters Market for Printing Inks Application, 2014–2023 (Kilo Tons)
(US$ Mn)
7.3 Global Carboxylic Acids Based Esters Market for Cosmetics & Personal Care Application, 2014–
2023 (Kilo Tons) (US$ Mn)
7.4 Global Carboxylic Acids Based Esters Market for Pharmaceuticals Application, 2014–2023 (Kilo
Tons) (US$ Mn)
7.5 Global Carboxylic Acids Based Esters Market for Flavors & Fragrances Application, 2014–2023
(Kilo Tons) (US$ Mn)
7.6 Global Carboxylic Acids Based Esters Market for Other Applications, 2014–2023 (Kilo Tons) (US$
Mn))
Chapter 8- Market Segmentation (By Region)
8.1 Market Segmentation – Regional Analysis
8.2 North America Carboxylic Acids Based Esters Market Volume, by Product, 2014–2023 (Kilo Tons)
8.3 North America Carboxylic Acids Based Esters Market Revenue, by Product, 2014–2023 (US$
Mn)
8.4 North America Carboxylic Acids Based Esters Market Volume, by Application, 2014–2023 (Kilo
Tons)
8.5 North America Carboxylic Acids Based Esters Market Revenue, by Application, 2014–2023 (US$
Mn)
8.6 Europe Carboxylic Acids Based Esters Market Volume, by Product, 2014–2023 (Kilo Tons)
5
Transparency Market Research
Carboxlylic Acids Based Esters Market
8.7 Europe Carboxylic Acids Based Esters Market Revenue, by Product, 2014–2023 (US$ Mn)
8.8 Europe Carboxylic Acids Based Esters Market Volume, by Application, 2014–2023 (Kilo Tons)
8.9 Europe Carboxylic Acids Based Esters Market Revenue, by Application, 2014–2023 (US$ Mn)
8.10 Asia Pacific Carboxylic Acids Based Esters Market Volume, by Product, 2014–2023 (Kilo Tons)
8.11 Asia Pacific Carboxylic Acids Based Esters Market Revenue, by Product, 2014–2023 (US$ Mn)
8.12 Asia Pacific Carboxylic Acids Based Esters Market Volume, by Application, 2014–2023 (Kilo
Tons)
8.13 Asia Pacific Carboxylic Acids Based Esters Market Revenue, by Application, 2014–2023 (US$
Mn)
8.14 Latin America Carboxylic Acids Based Esters Market Volume, by Product, 2014–2023 (Kilo
Tons)
8.15 Latin America Carboxylic Acids Based Esters Market Revenue, by Product, 2014–2023 (US$
Mn)
8.16 Latin America Carboxylic Acids Based Esters Market Volume, by Application, 2014–2023 (Kilo
Tons)
8.17 Latin America Carboxylic Acids Based Esters Market Revenue, by Application, 2014–2023 (US$
Mn)
Chapter 9 - Company Profiles
9.1 Sasol
9.2 Green Biologics Limited
9.3 Eastman Chemical Company
9.4 Celanese Corporation
9.5 INEOS
9.6 Jiangsu Sopo (Group) Co., Ltd.
9.7 Shanghai Wujing Chemical Co., Ltd.
9.8 Yip's Chemical Holdings Limited
9.9 Jinyimeng Group Co., Ltd.
9.10 Wacker Chemie AG
6
Transparency Market Research
Carboxlylic Acids Based Esters Market
About Us
Transparency Market Research is a market intelligence company providing global
business information reports and services. Our exclusive blend of quantitative
forecasting and trends analysis provides forward-looking insight for thousands of
decision makers.
We are privileged with highly experienced team of Analysts, Researchers and
Consultants, who use proprietary data sources and various tools and techniques to
gather, and analyze information. Our business offerings represent the latest and the
most reliable information indispensable for businesses to sustain a competitive edge.
Contact
Transparency Market Research
90 State Street
Suite 700,
Albany, NY – 12207
United States, Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: [email protected]
Website: http://www.transparencymarketresearch.com/
Browse The Market Research Blog: http://globalresearchmarket.blogspot.in/
7
Transparency Market Research

The global carboxylic acid-based esters market’s valuation was US$8.4 bn in 2014 and is expected to exhibit a steady CAGR of 5.3% from 2015 to 2023. The market’s final valuation is likely to be US$13.4 bn.