Global N Propyl Acetate
Market Report
2025
N Propyl Acetate market size is USD 281.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.10% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global N Propyl Acetate market size is USD 281.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 6.10% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global N Propyl Acetate Market Sales Revenue | 121212 | $ 281.2 Million | 121212 | 121212 | 121212 | 6.1% |
North America N Propyl Acetate Market Sales Revenue | 121212 | $ 112.48 Million | 121212 | 121212 | 121212 | 4.3% |
Europe N Propyl Acetate Market Sales Revenue | 121212 | $ 84.36 Million | 121212 | 121212 | 121212 | 4.6% |
Asia Pacific N Propyl Acetate Market Sales Revenue | 121212 | $ 64.68 Million | 121212 | 121212 | 121212 | 8.1% |
South America N Propyl Acetate Market Sales Revenue | 121212 | $ 14.06 Million | 121212 | 121212 | 121212 | 5.5% |
Middle East and Africa N Propyl Acetate Market Sales Revenue | 121212 | $ 5.62 Million | 121212 | 121212 | 121212 | 5.8% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Market Split by Sales Channel |
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List of Competitors |
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N Propyl Acetate Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
N-propyl acetate, a chemical compound with the molecular formula C5H10O2, is a colorless liquid solvent characterized by its fruity odor. Widely utilized across diverse industries, it serves primarily as a solvent in applications such as coatings, printing inks, and adhesives and as a flavoring agent in food products. Its solvent properties make it valuable for dissolving a variety of substances, facilitating processes like paint formulation, ink production, and adhesive manufacturing.
In the chemical industry, N-Propyl Acetate is produced through esterification, typically using acetic acid and n-propanol as starting materials. Its properties, including low toxicity and high solvency power, contribute to its popularity in various industrial processes. Moreover, its relatively low cost compared to alternative solvents enhances its attractiveness in industrial applications.
Due to its versatile nature and favorable properties, the N-Propyl Acetate market continues to witness growth, driven by demand from sectors such as automotive, construction, consumer goods, and chemical manufacturing. Additionally, increasing environmental regulations promoting the use of eco-friendly solvents further bolsters its market prospects. Increasing demand from the coatings and printing ink industries, growing usage as a solvent in various applications, expanding automotive sector, rising disposable income leading to higher consumption of consumer goods, technological advancements enhancing production efficiency, stringent regulations favoring environmentally friendly solvents, expanding construction sector driving demand for paints and coatings, and growing preference for eco-friendly products stimulating the adoption of bio-based solvents are the major factors influencing the growth of the N Propyl Acetate market.
Growing awareness among end-users about the advantages of N Propyl Acetate is a significant driver propelling its market growth. End-users, including industries such as coatings, printing inks, adhesives, and pharmaceuticals, are increasingly recognizing the benefits offered by N Propyl Acetate. This awareness stems from its properties, such as high solvency power, low toxicity, and low volatility, making it an attractive choice for various applications.
Additionally, as environmental concerns continue to rise, end-users are becoming more conscious of selecting solvents that are eco-friendly and compliant with regulations. N Propyl Acetate, being bio-based and biodegradable, aligns with these sustainability goals, further enhancing its appeal among environmentally conscious consumers.
Moreover, as research and development efforts continue to improve the production processes and expand the application scope of N Propyl Acetate, end-users are increasingly exploring its versatility and efficacy in diverse industries. Overall, the growing awareness among end-users about the advantageous properties and environmental benefits of N Propyl Acetate is driving its market growth trajectory upwards.
The pharmaceutical sector's increasing reliance on N Propyl Acetate stems from its versatile properties and compatibility with pharmaceutical formulations. As a solvent, it facilitates the dissolution of various active pharmaceutical ingredients (APIs) and excipients, aiding in the production of drug formulations such as tablets, capsules, and topical creams.
Moreover, N Propyl Acetate's low toxicity profile and relatively mild odor make it suitable for pharmaceutical applications where purity and safety are paramount concerns. Additionally, its favorable solvency characteristics contribute to efficient extraction processes in pharmaceutical manufacturing, enabling the isolation and purification of natural compounds and synthetic intermediates.
The pharmaceutical industry is continually innovating and expanding its product portfolio; the demand for N Propyl Acetate is expected to rise further as it continues to demonstrate efficacy, safety, and regulatory compliance across a broad spectrum of pharmaceutical applications, thereby fueling its growth and prominence in the market.
Fluctuations in raw material prices pose a significant restraint on the N Propyl Acetate market, impacting the cost-effectiveness of production. As N Propyl Acetate is derived from propylene and acetic acid, any fluctuations in the prices of these raw materials directly affect the overall production cost. Price volatility in raw materials can lead to unpredictable manufacturing expenses, thereby challenging the cost-effectiveness of N Propyl Acetate production.
Moreover, these fluctuations can disrupt the supply chain, causing uncertainties in procurement and production planning. Manufacturers may need help in stabilizing prices for their end products, which can affect their competitiveness in the market. Additionally, abrupt changes in raw material costs can impact profit margins, hindering investment in research and development or expansion initiatives.
To mitigate the impact of raw material price fluctuations, manufacturers may employ strategies such as long-term supply agreements, diversification of raw material sources, or investment in alternative production methods. However, these strategies may entail additional costs or complexities. Overall, the unpredictability of raw material prices poses a significant challenge to achieving cost-effectiveness in N Propyl Acetate production.
The N Propyl Acetate market experienced notable impacts from the COVID-19 pandemic. During the initial phases, strict lockdown measures and disruptions in supply chains led to a slowdown in manufacturing activities across industries, resulting in decreased demand for solvents like N Propyl Acetate. Additionally, reduced construction and automotive activities further dampened market growth. However, as the economy gradually reopened and industries resumed operations, the market witnessed a recovery, supported by increasing demand for coatings, printing inks, and other end-use applications. Moreover, the growing awareness of hygiene and safety standards post-pandemic contributed to the market's resurgence. N Propyl Acetate continued to be utilized in disinfectants and sanitizers, albeit with fluctuations in demand and supply chain challenges.
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In the competitive landscape of the N Propyl Acetate market, major players vie for market share through strategies like product innovation, mergers, and acquisitions. Key companies focus on expanding production capacities, ensuring quality compliance, and establishing robust distribution networks to cater to diverse industry needs and maintain their competitive edge.
In November 2023, Global brand Air up® introduced a new reusable bottle line for Europe, crafted from Eastman Tritan™ Renew, aligning with their mission to reduce single-use plastic waste.
In October 2023, Dow Chemicals and Evonik launched a groundbreaking hydrogen peroxide to propylene glycol (HPPG) pilot plant in Hanau, Germany. They were utilizing the unique HYPROSYN® method for direct P.G. synthesis.
Top Companies Market Share in N Propyl Acetate Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. In North America, the N Propyl Acetate market experiences steady growth driven by the flourishing automotive, construction, and printing ink sectors. Stringent environmental regulations encourage the adoption of eco-friendly solvents, boosting demand. The United States dominates the market due to its robust industrial infrastructure and high consumption rates. Moreover, technological advancements and research initiatives contribute to innovation and product development, enhancing market competitiveness and supporting the region's position as a key market player.
The European region is witnessing an increase in the sales of reagents. In Europe, the N Propyl Acetate market is characterized by steady growth driven by stringent environmental regulations favoring eco-friendly solvents. Key factors influencing the market include the robust automotive and construction industries, coupled with increasing demand for coatings and printing inks. Moreover, technological advancements and investments in research and development contribute to market expansion. The region's focus on sustainability and innovation further drives the adoption of N Propyl Acetate in various industrial applications.
The current report Scope analyzes N Propyl Acetate Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global N Propyl Acetate market size was estimated at USD 281.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 112.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.3% from 2024 to 2031. In North America, the N Propyl Acetate market is propelled by several drivers, including the region's thriving automotive and construction sectors, which generate significant demand for coatings and adhesives. Additionally, stringent environmental regulations promoting the use of eco-friendly solvents stimulate market growth. The presence of key players investing in research and development to innovate new products and processes also contributes to market expansion. Overall, North America's robust industrial base and focus on sustainability drive the adoption of N Propyl Acetate.
Country Analysis
According to Cognitive Market Research, with a market value of USD 281.2 million in 2024, it is projected to expand at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 84.36 million. Europe, the N Propyl Acetate market is propelled by stringent regulations promoting environmentally friendly solvents, particularly in the coatings, printing inks, and adhesive industries. Additionally, the region's expanding automotive and construction sectors contribute to increased demand for N Propyl Acetate as a solvent. Technological advancements in production processes and growing consumer preference for eco-friendly products further drive market growth. Overall, Europe's commitment to sustainability and innovation serves as a significant driver for the N Propyl Acetate market in the region.
According to Cognitive Market Research, the global N Propyl Acetate market size was estimated at USD 281.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 64.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031. In the Asia Pacific region, the N Propyl Acetate market is propelled by several factors, including the burgeoning automotive and construction sectors, rapid industrialization, and increasing urbanization. Additionally, the region's robust manufacturing base and growing demand for coatings, printing inks, and adhesives further drive market growth. Moreover, favorable government initiatives promoting industrial development and investments in infrastructure projects contribute to the expanding use of N Propyl Acetate across various industries in the Asia Pacific region.
According to Cognitive Market Research, the global N Propyl Acetate market size was estimated at USD 281.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 14.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031. Latin America, the N Propyl Acetate market is propelled by factors such as the region's burgeoning automotive sector, which drives demand for coatings and adhesives. Additionally, growth in the construction industry, particularly in emerging economies, fuels the need for paints and coatings, where N Propyl Acetate serves as a key solvent. Moreover, increasing consumer disposable income leads to higher consumption of packaged goods, further boosting the demand for printing inks containing N Propyl Acetate.
According to Cognitive Market Research, the global N Propyl Acetate market size was estimated at USD 281.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 5.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031. In the Middle East and Africa, the N Propyl Acetate market is fueled by factors such as rapid industrialization, infrastructure development, and growing investments in the construction and automotive sectors. Additionally, increasing urbanization and disposable incomes drive demand for paints, coatings, and printing inks, where N Propyl Acetate serves as a vital solvent. Moreover, the region's expanding chemical industry and favorable government policies further stimulate market growth, creating opportunities for market players to expand their presence.
Global N Propyl Acetate Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing N Propyl Acetate Industry growth. N Propyl Acetate market has been segmented with the help of its Type, Application Sales Channel, and others. N Propyl Acetate market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
N-propyl acetate with a purity of ≥99.5% is favored for applications requiring high-quality solvents, such as in the pharmaceutical and electronics industries, where stringent purity standards are essential. It is also preferred in specialty coatings and adhesives due to its superior performance characteristics.
N-propyl acetate, with a purity of ≥99.0%, caters to applications where slightly lower purity standards are acceptable, such as in general coatings, printing inks, and cleaning formulations. While both types offer excellent solvent properties, the choice between them depends on the specific requirements of the application, with higher purity grades commanding premium prices and finding niche applications demanding the utmost purity and quality.
N-Propyl Acetate ≥99.5%
N-Propyl Acetate ≥99.0%
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of N Propyl Acetate Industry. Request a Free Sample PDF!
In the paints & coatings segment, N Propyl Acetate serves as a solvent, aiding in the formulation of various coatings, including automotive coatings, architectural paints, and industrial coatings. Its properties, such as fast evaporation rate and low odor, make it suitable for use in solvent-based formulations, contributing to the durability and finish of coatings.
In the printing ink segment, N Propyl Acetate functions as a solvent, facilitating the dispersion of pigments and other additives in ink formulations. Its compatibility with various resin systems and its ability to provide good flow and wetting characteristics make it a preferred choice in the printing industry, ensuring optimal print quality and performance. Overall, the demand for N Propyl Acetate in these segments is driven by the growth of the construction, automotive, and packaging industries, among others, where coatings and printing inks are essential components.
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Direct N Propyl Acetate is commonly synthesized through a direct esterification process involving the reaction of propyl alcohol with acetic acid. This method offers advantages such as simplicity and high purity of the final product.
Indirect N Propyl Acetate, on the other hand, is manufactured through an alternative process involving the esterification of propylene with acetic acid, followed by hydrogenation to convert propylene into propyl alcohol. While indirect production methods may be more complex and entail additional steps, they often offer benefits such as improved process efficiency and yield optimization.
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Type | N-Propyl Acetate ≥99.5%, N-Propyl Acetate ≥99.0% |
Application | Paints & Coatings, Printing Ink, Cosmetics and Personal Care, Food & Beverages, Pharmaceuticals, Others |
Sales Channel | Direct, Indirect |
List of Competitors | Oxea, Dow, BASF, Eastman, Solvay, Showa Denko K.K., Daicel, Sasol, Chang Chun Group, Shiny Chem, Handsome Chemical, Zhejiang Jianye, Nanjing Wujiang, Jiangsu Baichuan, Ningbo Yongshun, Jiangsu Ruijia, Yixing Kaixin |
This chapter will help you gain GLOBAL Market Analysis of N Propyl Acetate. Further deep in this chapter, you will be able to review Global N Propyl Acetate Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of N Propyl Acetate. Further deep in this chapter, you will be able to review North America N Propyl Acetate Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of N Propyl Acetate. Further deep in this chapter, you will be able to review Europe N Propyl Acetate Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of N Propyl Acetate. Further deep in this chapter, you will be able to review Asia Pacific N Propyl Acetate Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of N Propyl Acetate. Further deep in this chapter, you will be able to review South America N Propyl Acetate Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of N Propyl Acetate. Further deep in this chapter, you will be able to review Middle East and Africa N Propyl Acetate Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of N Propyl Acetate. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by Sales Channel Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global N Propyl Acetate market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why N-Propyl Acetate ≥99.5% have a significant impact on N Propyl Acetate market? |
What are the key factors affecting the N-Propyl Acetate ≥99.5% and N-Propyl Acetate ≥99.0% of N Propyl Acetate Market? |
What is the CAGR/Growth Rate of Paints & Coatings during the forecast period? |
By type, which segment accounted for largest share of the global N Propyl Acetate Market? |
Which region is expected to dominate the global N Propyl Acetate Market within the forecast period? |
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