Ethyl Acetate Market, Business Prospects, Gross Margin Analysis, Industry

April 3, 2023 1 Min read Views 53 BUSINESS

The North American market is expected to grow at a higher CAGR due to extensive consumption of ethyl acetate in decaffeination process of coffee, tea leaves, and cocoa. The U.S., Canada, and Mexico have achieved a significant place in the market due to the growing investments in the end-use industries. Therefore, the growing demand for ethyl acetate as a solvent, intermediates and cleansing agents in the major sectors are estimated to drive the market during the forecast period. A notable development is achieved in Europe due to the growing demand for ethyl acetate in cosmetics, adhesives sealants, paints coatings, sectors, and others.

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