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Global Isoamyl Acetate Market Insight2022-01-05 Comments
The market size of isoamyl acetate is expected to grow at a compound annual growth rate of 3.5% during the forecast period. According to the World Knowledge Information (WKI) Global Isoamyl Acetate Professional Survey Report 2021, Forecast to 2026, the growth in the demand for synthetic fragrances and the growth in global food and beverage demand are expected to drive the demand for the isoamyl acetate market. The increasing demand for solvents in various end-use industries will further increase the overall market demand for isoamyl acetate.
“The isoamyl acetate market is consolidated in nature. The market share is occupied by some leading companies, and the market entry standards are relatively high.” said Brain, senior analyst of WKI Chemical Market Research Center, “For small and medium-sized enterprises, it is necessary to increase business cooperation and improve product quality in order to expand market share.”
With the introduction of more and more new beauty products and people’s attention to beauty, the beauty products and cosmetics market has grown significantly. Cosmetics and personal care are one of the main applications of isoamyl acetate. Isoamyl acetate has good solubility and is mainly used for the application and removal of nail polish in cosmetics and personal care products. With advances in product development technology and increasing research and development activities, manufacturers are enhancing their product portfolios and launching new products. This is expected to have a positive impact on the expansion of the global isoamyl acetate industry. However, the growing preference for natural products may hinder industry growth during the forecast period.
There are many players in the polyurea coatings market. Some of the major players in the market include Thermo Fisher Scientific, Merck KGaA, BASF SE, Dow, and Chemoxy International Ltd, among others.
Segmentation of Isoamyl Acetate Market:
Isoamyl acetate is mainly used as a flavoring agent in various foods and beverages. The increasing popularity of packaged foods and ready-to-eat foods is driving the demand for synthetic flavors in the food industry, thereby promoting the development of the isoamyl acetate industry. This is further supported by the growing global population, changing dietary patterns, and increasing disposable income. In addition, due to changes in consumer habits and the shift to soft drinks and beer and other beverages, the consumption of alcohol and non-alcoholic beverages continues to increase, which will increase the market demand for isoamyl acetate in the near future.
Isoamyl Acetate Market: Regional Analysis
The Asia-Pacific region occupies a dominant position in the isoamyl acetate market. With the development of the food and beverage, personal care and pharmaceutical industries in China, India, Japan, and South Korea, the consumption of isoamyl acetate in the region is increasing.
Largest share area：Asia-Pacific
Largest share country：China