Global Isopropyl Acetate Market supply-demand continues to be impacted by broader developments in the chemicals sector. The new Isopropyl Acetate Market research report outlines the key factors that will impact production, supply, and demand during the assessment period 2021 to 2031
The study tracks Isopropyl Acetate Market demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyzes the impact of COVID-19 on chemicals industry in general and Isopropyl Acetate Market in particular 2021 to 2031
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How will Isopropyl Acetate Market Sales Grow in 2021 and Beyond
The Isopropyl Acetate Market industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies.
Overall, demand for Isopropyl Acetate Market will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.
Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2021 with sales expected to be in the range of 15.5 million to 16 million.
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Housing is another key demand generator for chemicals sector. The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm.
The European chemical sector is also set to recover in 2021, after contracting by 2% in 2020. Recovery is likely to be sustained with a growth of 2% also expected in 2022.
Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2021, but other economies in the region continue to be on the path to recovery.
The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.
Key Market Segments :-
Fact.MR has studied the isopropyl acetate market with detailed segmentation on the basis of grade, function, application, and region.
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In-depth Analysis on Competitive Landscape
Company profiles have been included in the report, which include essentials such as product portfolio and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the isopropyl acetate market.
Prominent companies operating in this space include SEQENS SPS, DOW, EASTMAN Chemical Company, INEOS, Pidilite Industries Ltd., Monument Chemical, Sankyo Chemical Company, Ltd., and Shinko Organic Chemical Industry Ltd.
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, N. Africa)
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