Title: PPT for Propyl Acetate Industry Forecast by, 2017 - 2024
1Propyl Acetate Market Analysis Forecast
2017-2024
Propyl Acetate Market Size, Industry Analysis
Report, Regional Outlook (U.S., Canada, Germany,
UK, France, Italy, Russia, China, India, Japan,
Malaysia, Thailand, Indonesia, Australia, Brazil,
Saudi Arabia, UAE, South Africa), Application
Development Potential, Price Trends, Competitive
Market Share Forecast, 2016 2024
2Global Market Scenario of Propyl Acetate
- Global Propyl Acetate Market Size is set to
witness healthy gains in the coming years owing
to its wide application in cosmetics and
fragrance industry. The product is a clear,
colorless chemical compound commonly known as
propyl ethanoate. - Cosmetics industry is growing at an exponential
rate since the past few years owing to its needs
in daily lives. - The global cosmetics industry was valued close to
USD 500 billion in 2016 and will witness further
growth by a decent CAGR. - Increasing disposable income of people and
growing awareness of self-grooming in the
developing economies is fueling the cosmetic
industry largely. This exponential growth in the
cosmetic industry is driving the global propyl
acetate market on a large scale. - Fragrance has become an important segment in the
propyl acetate market and is gaining huge
importance since the past decade.
3- Product Analysis-
- The product is highly flammable due to its
properties and its vapors may result in
dizziness, frowziness, sore throat, cough,
narcosis and dermatitis. If in direct contact, it
may also lead to serious eye, nose and throat
irritation. These factors may hinder the global
propyl acetate market growth as manufacturers
look for other safe alternative chemicals. - Regional Trends-
- At present, Europe and North America hold a major
chunk of propyl acetate market. Europe is the
home to many big fragrance houses in countries
such as France and Italy whereas North America
also consists of many large players in the
fragrance industry. Asia Pacific and Middle East
have significantly fast growing propyl acetate
market and are likely to witness potential growth
in the forecast period. Government support and
policies in these regions are likely to further
enhance the regional propyl acetate market demand.
4- Competitive Trends
- Key players operating in the global propyl
acetate market include Sigma-Aldrich, Finetech
Industry Limited, Angene, Tractus, TCI America,
Oakwood Products, Inc., abcr GmbH, Sontara Organo
Industries, Organo Chem India, Eastman Chemical
Company, Yixing Kaixin Chemical Co., Ltd, Somu
Solvents Pvt. Ltd., Surya Life Sciences, and
Hazel Mercantile Limited to name some.
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