Global Methyl Acetate Market Projected to Reach $388.5 Million by 2030
AI-Generated Summary
The global methyl acetate market is expected to grow significantly, reaching $388.5 million by 2030 from $228 million in 2025, with a compound annual growth rate of 7.9%. This expansion is primarily driven by increasing demand for environmentally friendly, low-toxicity solvents across various industries. Methyl acetate is widely utilized in sectors such as paints, coatings, adhesives, pharmaceuticals, and personal care products.
In a nutshell
This market growth highlights a broader industry trend towards adopting safer and more sustainable chemical alternatives in manufacturing processes and consumer products. The increasing regulatory pressure and evolving consumer preferences for eco-friendly solutions are key factors shaping the future of industrial solvents.
Source: PR Newswire UK