Global Butyl Acetate (BAC) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Paints, Coatings, Chemicals, Pharmaceuticals, Perfumes, and Flavors

By End-Use Industry;

Automotive & Transportation, Building & Construction, Healthcare, and Food & Beverage

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America- Report Timeline (2021 - 2031)
Report ID: Rn138400095 Published Date: May, 2025 Updated Date: June, 2025

Butyl Acetate (BAC) Market Overview

Butyl Acetate (BAC) Market (USD Million)

Butyl Acetate (BAC) Market was valued at USD 1,547.59 million in the year 2024. The size of this market is expected to increase to USD 1,659.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.0%.


Global Butyl Acetate (BAC) Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 1.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)1.0 %
Market Size (2024)USD 1,547.59 Million
Market Size (2031)USD 1,659.22 Million
Market ConcentrationHigh
Report Pages334
1,547.59
2024
1,659.22
2031

Major Players

  • Dow Chemical Company
  • Eastman Chemical Company
  • Celanese Corporation
  • BASF SE
  • INEOS Group
  • Shatabdi Chemicals (P) Ltd.
  • Solvent Wistol S.A.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Butyl Acetate (BAC) Market

Fragmented - Highly competitive market without dominant players


The butyl acetate BAC market is experiencing a steady rise, primarily driven by its vital role in coatings, adhesives, and ink production. Its superior solvency properties and rapid evaporation rate contribute to its dominance across industrial sectors. Notably, nearly 40% of the market demand stems from the paints and coatings industry, where it significantly enhances product durability and finish.

Eco-Friendly Characteristics Promoting Adoption
Amid rising demand for sustainable formulations, butyl acetate stands out due to its low toxicity and environmental compatibility. Reports show that nearly 30% of formulations have transitioned toward solvents like BAC in response to green chemistry initiatives. This shift is further driven by regulations encouraging the use of non-hazardous solvents in manufacturing.

Advancement in Printing and Packaging Applications
The printing and packaging industries are rapidly integrating butyl acetate, capitalizing on its quick-drying properties ideal for high-speed printing processes. Currently, about 20% of butyl acetate usage is tied to these industries, aligning with the surging need for high-quality product labeling and packaging solutions.

Innovative Solutions Enhancing Market Viability
Progress in formulation science and recovery technologies is expanding the applicability of butyl acetate. Over 35% of updated industrial formulations now rely on BAC to achieve enhanced performance and process efficiency. These innovations are strengthening its position as a key solvent in evolving production ecosystems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End-Use Industry
    3. Market Snapshot, By Region
  4. Butyl Acetate (BAC) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand from End-Use Industries
        2. Rapid Industrialization and Urbanization in Emerging Markets
        3. Growing Focus on Eco-Friendly and Low-VOC Solvents
      2. Restraints
        1. Volatility in Raw Material Prices
        2. Stringent Environmental Regulations
        3. Fluctuating Raw Material Availability
      3. Opportunities
        1. Emerging Applications in Pharmaceuticals and Personal Care
        2. Technological Innovations in BAC Production
        3. Expanding Demand for Coatings and Automotive Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Butyl Acetate (BAC) Market, By Application, 2021 - 2031 (USD Million)
      1. Paints
      2. Coatings
      3. Chemicals
      4. Pharmaceuticals
      5. Perfumes
      6. Flavors
    2. Butyl Acetate (BAC) Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Automotive & Transportation
      2. Building & Construction
      3. Healthcare
      4. Food & Beverage
    3. Butyl Acetate (BAC) Market, By Geography, 2021 - 2031 (USD Million)

      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Eastman Chemical Company
      3. Celanese Corporation
      4. Dow Chemical Company
      5. Ineos Oxide
      6. Oxea GmbH
      7. Sasol Limited
      8. PetroChina Company Limited
      9. Yip's Chemical Holdings Limited
      10. Jiangmen Handsome Chemical Development Ltd.
      11. Shiny Chemical Industrial Co., Ltd.
      12. KH Neochem Co., Ltd.
      13. Solventis Ltd.
      14. LyondellBasell Industries N.V.
      15. Mitsubishi Chemical Corporation
      16. Showa Denko K.K.
  7. Analyst Views
  8. Future Outlook of the Market