Methyl acetate is a clear, colorless, neutral liquid with a mild, ester-like odor. It is one of the best solvents available. It is used predominantly for dyes and in the coatings, adhesives, cosmetics, plant-protection and pharmaceutical industries. It is occasionally used as a solvent, being weakly polar and lipophilic, but its close relative ethyl acetate is a more common solvent being less toxic and less soluble in water.
Global Methyl Acetate key players include Eastman, Wacker, Celanese, Anhui Wanwei Group, Sichuan Chuanwei Group, etc. Global top five players hold a share about 40%.
China is the largest market, with a share about 55%, followed by Europe and North America, having a total share about 20 percent.
In terms of product, Pure Methyl Acetate is the largest segment, with a share about 55%. And in terms of application, the largest application is Organic Solvent, followed by Intermediate, Cleaning agents, etc.

Market Analysis and Insights: Global Methyl Acetate Market
In 2020, the global Methyl Acetate market size was US$ 145 million and it is expected to reach US$ 248.9 million by the end of 2027, with a CAGR of 8.1% between 2021 and 2027
Global Methyl Acetate Scope and Market Size
The global Methyl Acetate market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Methyl Acetate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2016-2027.

Segment by Type
Pure
Coarse

Segment by Application
Organic Solvent
Intermediate
Cleaning agents
Others

By Company
Eastman
Wacker
Celanese
Anhui Wanwei Group
Sichuan Chuanwei Group
Chang Chun Group
Hunan Xiangwei Group
Sinochem Qingdao
Shanxi Sanwei Group
RuiFeng Polymer Materials
Zhangzhou Oushuo Chemical
Changzhi Huojia Industrial
Sinochem Plastic

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Colombia
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE