Asia Pacific Ethanol Derivatives Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, 2015-2030

The Demand for Ethanol Derivatives in the Asia-Pacific Crossed 3.5 Million Tonnes in Fy19 and is Forecasted to Grow at a CAGR of 5.43% Between 2021-2030.

The Asia Pacific Ethanol Derivatives market has projected an expansion to reach approximately 3700 thousand tonnes in 2022 and is expected to grow at an impressive CAGR of 5.52% during the forecast period until 2030. The growth can be attributed to the rising use of Ethanol derivatives across various industries such as paints & coatings, personal care, and cosmetics.

Primarily used ethanol derivatives are ethyl acetate and acetaldehyde. Ethyl acetate functions as a solvent in base coats, nail polish remover, nail polish, nitrocellulose, dry cleaning, stains, lacquers, varnishes, and other materials. The oxidation of ethanol to produce acetaldehyde is a key industrial application. The primary usage of acetaldehyde is as an intermediate in the production of a variety of compounds, fragrances, aniline dyes, polymers, synthetic rubber, and certain fuel compounds. Moreover, acetaldehyde is utilised in the production of deodorizers, disinfectants, medications, perfumes, explosives, lacquers and varnishes, photographic chemicals, phenolic and urea resins, rubber accelerators, and antioxidants. Moreover, it is employed as a synthetic flavoring agent and a food preservative.

APAC is the global manufacturing hub for chemicals, owing to huge investments by key stakeholders across the pharmaceutical and petrochemical sector. China and India are contributing in huge volumes to cater to the rising demand for ethanol derivatives across the globe. Growing disposable income, rising population, and increasing infrastructure are making the Asia Pacific the highest-growing market for Ethanol Derivatives during the forecast period. The Asia Pacific Ethanol Derivatives market will most likely reach 5700 thousand tonnes by 2030.

Based on demand by region, the Asia Pacific Ethanol Derivatives market among the regions India, China, Japan, South Korea, Singapore, Indonesia, Vietnam, and the Rest of APAC. Among these, China is the key consumer and accounted for a market share of approximately 55% in the year 2022. China is the world giant for the production of automobiles, consumer goods that create a strong demand for ethanol derivatives in the nation. Based on production, China is the leading producer of numerous ethanol derivatives such as ethyl acetate, acetaldehyde, n-butyl acetate, and others.

Based on the end-user industry, the Asia Pacific Ethanol Derivatives market is segregated into Paints, Coating & Adhesives, Personal Care and Cosmetics, Pharmaceutical, and Others. Although, the Paints, Coating & Adhesive industry is dominating the Ethanol Derivatives market in Asia Pacific and in 2022, this industry consumed nearly 52% of the global market. Personal Care and Cosmetics is also a prominent consumer of the Ethanol Derivatives market.

Major players in the Asia Pacific Ethanol Derivatives market are Jiangu Sopo, Shanghai Wujing, Anhui Huayi, Jiangsu Lianhai, Shandong Yankuang, Wuxi Baichuan, India Glycols Limited, Banstag Life sciences Pvt. Ltd, Jubliant Lifesciences, Laxmi Organic Industries Ltd, Godavari Biorefineries Limited, Tangshan Jidong Solvent, Korea Alcohol, Celanese Corporation, and Others.

Years considered for this report:

• Historical Period: 2015- 2022
• Base Year: 2022
• Estimated Year: 2023
• Forecast Period: 2024-2030

Objective of the Study:

• To assess the demand-supply scenario of Ethanol Derivatives which covers production, demand and supply of Ethanol Derivatives market in the globe.
• To analyse and forecast the market size of Ethanol Derivatives
• To classify and forecast Asia Pacific Ethanol Derivatives market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Ethanol Derivatives market in the globe.

To extract data for Asia Pacific Ethanol Derivatives market, primary research surveys were conducted with Ethanol Derivatives manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, the publisher was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the report analyzes various segments and projected a positive outlook for Asia Pacific Ethanol Derivatives market over the coming years.

The publisher calculated Ethanol Derivatives demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Ethanol Derivatives across the globe. The publisher sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by the publisher.

Key Target Audience:

• Ethanol Derivatives manufacturers and other stakeholders
• Organizations, forums and alliances related to Ethanol Derivatives distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Ethanol Derivatives manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Asia Pacific Ethanol Derivatives market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by End-use: Paints, Coating & Adhesives, Personal Care and Cosmetics, Pharmaceutical, and Others
• Market, by Sales Channel: Direct Sale and Indirect Sale
• Market, by Region: India, China, Japan, South Korea, Singapore, Indonesia, Vietnam, and Rest of APAC

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.