India Ethyl Acetate Market Size, Share, Trends and Forecast by Application, End Use Industry, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A31315

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India Ethyl Acetate Market Size and Share:

The India ethyl acetate market size reached USD 560.96 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,165.92 Million by 2033, exhibiting a growth rate (CAGR) of 7.81% during 2025-2033. The increasing demand from the paints and coatings, adhesives, and packaging industries are some of the factors propelling the growth of the market. Growth in pharmaceuticals and food and beverage sectors further supports consumption. Additionally, expanding industrial production, favorable government policies, and rising exports contribute to market growth.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 560.96 Million
Market Forecast in 2033	USD 1,165.92 Million
Market Growth Rate 2025-2033	7.81%

India Ethyl Acetate Market Trends:

Digital Platforms Driving Efficiency

The ethyl acetate market in India is shifting toward digitization, with new platforms developing to ease procurement and financial administration for small and medium-sized businesses. These technologies improve access to raw materials, optimize supply chains, and provide data-driven insights for better decision-making. By lowering operational obstacles and increasing transparency, digital adoption promotes growth and market competitiveness. Chemical manufacturers and buyers can respond quickly to demand swings because of more flexible financing alternatives and real-time market data. This technology breakthrough not only improves productivity but also promotes sustainable business practices throughout the sector. As digital integration progresses, market accessibility and operational resilience could increase even further. For example, in March 2023, OfBusiness launched an exclusive app to support MSMEs in streamlining their procurement processes. The platform could benefit small and medium enterprises in the chemical sector, including those dealing with ethyl acetate. By offering improved access to raw materials and better financial management, the app may contribute to greater efficiency and growth in the Indian ethyl acetate market.

India Ethyl Acetate Market Size

Expanding Domestic Production

India’s ethyl acetate sector is experiencing a boost in domestic manufacturing capacity as companies scale operations to meet growing demand. With new facilities reaching significant production milestones, the market is seeing enhanced supply stability and reduced reliance on imports. Expansions are not only increasing output but also diversifying product portfolios, supporting various industries such as pharmaceuticals, coatings, and adhesives. This growth aligns with the broader push for self-reliance in chemical manufacturing, fostering job creation and regional economic development. As production hubs strengthen their presence, competitive pricing and improved accessibility are likely to benefit downstream users, contributing to the sector's overall expansion. For instance, in March 2023, Sagar Chemicals Private Limited (SCPL) successfully completed the first year of operations at its ethyl acetate manufacturing facility in Kanpur, Uttar Pradesh. The plant has an annual capacity of 24,000 metric tonnes. SCPL The company plans to expand its operations and product portfolio, aiming to contribute significantly to the growth of the Indian chemical industry.

India Ethyl Acetate Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region/country level for 2025-2033. Our report has categorized the market based on application and end use industry.

Application Insights:

Paints and Coating Formulations
Adhesives and Sealants
Process Solvents
Printing Ink
Intermediates
Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes paints and coating formulations, adhesives and sealants, process solvents, printing ink, intermediates, and others.

End Use Industry Insights:

Construction
Packaging
Automotive
Pharmaceuticals
Industrial and Dry Cleaning
Others

A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes construction, packaging, automotive, pharmaceuticals, industrial and dry cleaning, and others.

Regional Insights:

North India
South India
East India
West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Ethyl Acetate Market News:

In November 2024, INEOS Acetyls and Gujarat Narmada Valley Fertilizers & Chemicals Ltd (GNFC) signed a memorandum of understanding to explore constructing a 600-kilotonne-per-year acetic acid plant in Bharuch, Gujarat. Acetic acid is a key precursor in ethyl acetate production. This initiative aims to bolster the domestic acetic acid supply, potentially enhancing ethyl acetate manufacturing in India.
In October 2024, Laxmi Organic Industries Limited approved a capital expenditure of INR 181.9 Crore to enhance its production capacities. The company plans to invest INR 90.5 Crore to expand its ethyl acetate production by 70 kilotons per annum (KTA) at its Lote facility in Maharashtra, addressing increased customer demand. Additionally, INR 91.4 crore would be allocated to establish a new 70 KTA n-butyl acetate plant in Dahej, Gujarat.

India Ethyl Acetate Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Million USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Application End Use Industry Region
Applications Covered	Paints and Coating Formulations, Adhesives and Sealants, Process Solvents, Printing Ink, Intermediates, Others
End Use Industries Covered	Construction, Packaging, Automotive, Pharmaceuticals, Industrial and Dry Cleaning, Others
Regions Covered	North India, South India, East India, West India
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the India ethyl acetate market performed so far and how will it perform in the coming years?
What is the breakup of the India ethyl acetate market on the basis of application?
What is the breakup of the India ethyl acetate market on the basis of end use industry?
What are the various stages in the value chain of the India ethyl acetate market?
What are the key driving factors and challenges in the India ethyl acetate market?
What is the structure of the India ethyl acetate market and who are the key players?
What is the degree of competition in the India ethyl acetate market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India ethyl acetate market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the India ethyl acetate market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India ethyl acetate industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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India Ethyl Acetate Market