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  4. > Carboxylic Acids Based Esters Market for Paints & Coatings, Printing Inks, Cosmetics & Personal Care, Pharmaceuticals, Flavors & Fragrances, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Carboxylic acids based esters are usually formed when alcohol reacts with carboxylic acid. It is a type of condensation reaction and popularly known as “Esterification” in organic chemistry. Carboxylic acids based esters are notably popular among paints & coatings manufacturers as these can replace hazardous air pollutants (HAP) in the formulation of paints, coatings, and inks. Strong growth in the global building & construction industry has provided momentum to the paints and coatings segment, which is expected to be the largest application of the market between 2015 and 2023. Furthermore, low molecular weight of these esters results in low boiling point and fast evaporation rate. Thus, it also has a wide acceptance as solvent for printing application. Carboxylic acids based esters have a fruity aroma. Hence, food technologists use it as artificial flavors in foods & beverages. Some of the synthetic esters are widely used as substitutes to natural and essential oils in various applications including perfumes, deodorant, body mist, and air fresheners. Volatility in raw material prices is expected to hamper market growth. Crude oil, the major raw material source of several carboxylic acids and alcohols, has been witnessing large price fluctuation over the past few years. This has affected the prices of carboxylic acids and their esters. However, bio-based carboxylic acids based esters are anticipated to provide immense opportunities in the market.
This report estimates and forecasts the carboxylic acids based esters market on the global and regional level. The study provides forecast from 2015 to 2023 based on volume (Kilo Tons) and revenue (US$ Mn).
The study includes market estimate for an exhaustive list of key product segments in the carboxylic acids based esters market. It includes methyl acetate, ethyl acetate, propyl acetate, isopropyl acetate, isobutyl acetate, n-butyl acetate, eugenyl acetate, isoamyl acetate, phenethyl acetate, methyl propionate, ethyl propionate, propyl propionate, butyl propionate, geranyl propionate, phenethyl propionate, methyl butanoate, ethyl butanoate, propyl butanoate, butyl butanoate, methyl valerate, ethyl valerate, iso-propyl-valerate, butyl valerate, isobutyric acid n-propyl ester, isobutyric acid iso-propyl ester, phenethyl isobutyrate, butyl isovalerate, geranyl isovalerate, methyl caproate, ethyl caproate, and butyl caproate. The study also provides a comprehensive view of the carboxylic acids based esters market by dividing it into applications such as paints & coatings, printing inks, cosmetics & personal care, pharmaceuticals, flavors & fragrances, and others. These application segments have been analyzed based on historic, present, and future trends, and the market has been estimated from 2015 to 2023 in terms of volume (Kilo Tons) and revenue (US$ Mn). Regional segmentation includes current and forecast demand for carboxylic acids based esters in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). A detailed Market segmentation further includes demand for above-mentioned products and applications in all regions.
The report includes a detailed value chain analysis, which provides a comprehensive view of the market. This section of the report provides detailed information about value addition at each stage of the value chain in the carboxylic acids based esters market. The report comprises drivers and restraints for the carboxylic acids based esters market along with their support data during the forecast period. Additionally, the report comprises the study of opportunities in the carboxylic acids based esters market from 2015 to 2023.
The report includes Porter’s Five Forces Model to measure the degree of competition in the carboxylic acids based esters market. The study includes a separate section of qualitative write-up on market attractiveness analysis, wherein application segments have been analyzed. Furthermore, the report also provides a price trend analysis for key raw materials and carboxylic acids based esters from 2015 to 2023 in US$/Ton. A separate chapter on list of key customers for the carboxylic acids based esters is also included in the report.
Secondary research sources that were typically referred to include, but were not limited to company websites, annual reports, broker report, investor presentations, financial reports, and SEC filings. Other sources such as internal and external proprietary databases, news articles, statistical databases, national government documents, market reports, webcasts, and podcasts specific to companies operating in the market have also been referred for the report.
In-depth interviews and discussions with a wide range of key industry participants and opinion leaders were conducted to compile this research report. Primary research represents bulk of the research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further developed the analysis team’s expertise and market understanding.
The report covers detailed competitive outlook that includes market share and profiles of key participants operating in the global market. Key players profiled in the report include Sasol, Green Biologics Limited, Eastman Chemical Company, Celanese Corporation, INEOS, Jiangsu Sopo (Group) Co., Ltd., Shanghai Wujing Chemical Co., Ltd., Yip's Chemical Holdings Limited, Jinyimeng Group Co., Ltd., and Wacker Chemie AG. Company profiles include attributes such as company overview (headcount, headquarters, and stock listing), brand overview, key competitors, business overview, business strategies, recent/key developments and acquisitions, and financial overview.
The global carboxylic acids based esters market has been segmented as follows:
Carboxylic Acids Based Esters Market – Product Segment Analysis
Methyl acetate
Ethyl acetate
N-propyl acetate
Isopropyl acetate
Isobutyl acetate
N-Butyl acetate
Eugenyl acetate
Isoamyl acetate
Phenethyl acetate
Methyl propionate
Ethyl propionate
Propyl propionate
Butyl propionate
Geranyl propionate
Phenethyl propionate
Methyl butanoate
Ethyl butanoate
Propyl butanoate
Butyl butanoate
Methyl valerate
Ethyl valerate
Iso-propyl-valerate
Butyl valerate
Isobutyric acid N-propyl ester
Isobutyric acid Iso-propyl ester
Phenethyl isobutyrate
Butyl isovalerate
Geranyl isovalerate
Methyl caproate
Ethyl caproate
Butyl caproate
Carboxylic Acids Based Esters Market – Application Analysis
Paints & coatings
Printing inks
Cosmetics & personal care
Pharmaceuticals
Flavors & fragrances
Others (adhesives & sealants, chemical intermediates, agrochemicals, industrial cleaners, etc.)
Carboxylic Acids Based Esters Market – Regional Analysis
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)

Table Of Contents

Carboxylic Acids Based Esters Market for Paints and Coatings, Printing Inks, Cosmetics and Personal Care, Pharmaceuticals, Flavors and Fragrances, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Chapter 1 - Preface
1.1 Report Description
1.2 Market Segmentation
1.3 Research Scope
1.4 Research Methodology
1.5 Assumptions
Chapter 2 - Executive Summary
2.1 Global Carboxylic Acids Based Esters Market, Volume and Revenue, (Kilo Tons) (US $ Mn), 2014-2023
2.2 Market Snapshot
Chapter 3 - Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Dynamics
3.3.1 Driver 1- High Demand for Acid Esters as Solvents in Paints and Coatings is Expected to Drive Demand for Carboxylic Acids Based Esters
3.3.2 Driver 2- Rising Demand for Printing Inks in the Packaging Industry is Anticipated to Accelerate Growth of the Carboxylic Acids Based Esters Market
3.3.3 Driver 3- Increasing Demand for Carboxylic Acids Based Esters in Flavors and Fragrances is Expected to Boost Market Growth
3.3.4 Restraint 1 - Volatility in Raw Material Prices is Expected to Hamper Market Growth
3.3.5 Opportunity 1 - Bio-based Carboxylic Acids Based Esters Likely to Provide Significant Opportunities
3.4 Porter's Five Forces Analysis
3.5 Market Attractiveness Analysis - Carboxylic Acids Based Esters Market, By Application
3.6 Company Market Share - Carboxylic Acids Based Esters Market, % Share, 2014
Chapter 4 - Carboxylic Acids Based Esters - Price Trend Analysis, 2015-2023 (US$/Ton)
4.1 Carboxylic Acids Average Price Trend Analysis, 2014-2023 (US$/Ton)
4.2 Alcohols Average Price Trend Analysis, 2014-2023 (US$/Ton)
4.3 Carboxylic Acids Based Esters Market, Price Trend Analysis, by Product Segment, 2014-2023 (US$/Ton)
Chapter 5 - List of Key Customers for the Carboxylic Acids Based Esters Market
Chapter 6 - Market Segmentation (By Product)
6.1 Global Carboxylic Acids Based Esters Market - Product Segment Overview
6.2 Global Carboxylic Acids Based Esters Market Volume, by Product, 2014-2023 (Kilo Tons)
6.3 Global Carboxylic Acids Based Esters Market Revenue, by Product, 2014-2023 (US$ Mn)
Chapter 7 - Market Segmentation (By Application Global Carboxylic Acids Based Esters Market - Application Overview
7.1 Global Carboxylic Acids Based Esters Market for Paints and Coatings Application, 2014-2023 (Kilo Tons) (US$ Mn)
7.2 Global Carboxylic Acids Based Esters Market for Printing Inks Application, 2014-2023 (Kilo Tons) (US$ Mn)
7.3 Global Carboxylic Acids Based Esters Market for Cosmetics and Personal Care Application, 2014-2023 (Kilo Tons) (US$ Mn)
7.4 Global Carboxylic Acids Based Esters Market for Pharmaceuticals Application, 2014-2023 (Kilo Tons) (US$ Mn)
7.5 Global Carboxylic Acids Based Esters Market for Flavors and Fragrances Application, 2014-2023 (Kilo Tons) (US$ Mn)
7.6 Global Carboxylic Acids Based Esters Market for Other Applications, 2014-2023 (Kilo Tons) (US$ Mn))
Chapter 8- Market Segmentation (By Region)
8.1 Market Segmentation - Regional Analysis
8.2 North America Carboxylic Acids Based Esters Market Volume, by Product, 2014-2023 (Kilo Tons)
8.3 North America Carboxylic Acids Based Esters Market Revenue, by Product, 2014-2023 (US$ Mn)
8.4 North America Carboxylic Acids Based Esters Market Volume, by Application, 2014-2023 (Kilo Tons)
8.5 North America Carboxylic Acids Based Esters Market Revenue, by Application, 2014-2023 (US$ Mn)
8.6 Europe Carboxylic Acids Based Esters Market Volume, by Product, 2014-2023 (Kilo Tons)
8.7 Europe Carboxylic Acids Based Esters Market Revenue, by Product, 2014-2023 (US$ Mn)
8.8 Europe Carboxylic Acids Based Esters Market Volume, by Application, 2014-2023 (Kilo Tons)
8.9 Europe Carboxylic Acids Based Esters Market Revenue, by Application, 2014-2023 (US$ Mn)
8.10 Asia Pacific Carboxylic Acids Based Esters Market Volume, by Product, 2014-2023 (Kilo Tons)
8.11 Asia Pacific Carboxylic Acids Based Esters Market Revenue, by Product, 2014-2023 (US$ Mn)
8.12 Asia Pacific Carboxylic Acids Based Esters Market Volume, by Application, 2014-2023 (Kilo Tons)
8.13 Asia Pacific Carboxylic Acids Based Esters Market Revenue, by Application, 2014-2023 (US$ Mn)
8.14 Latin America Carboxylic Acids Based Esters Market Volume, by Product, 2014-2023 (Kilo Tons)
8.15 Latin America Carboxylic Acids Based Esters Market Revenue, by Product, 2014-2023 (US$ Mn)
8.16 Latin America Carboxylic Acids Based Esters Market Volume, by Application, 2014-2023 (Kilo Tons)
8.17 Latin America Carboxylic Acids Based Esters Market Revenue, by Application, 2014-2023 (US$ Mn)
Chapter 9 - Company Profiles
9.1 Sasol
9.2 Green Biologics Limited
9.3 Eastman Chemical Company
9.4 Celanese Corporation
9.5 INEOS
9.6 Jiangsu Sopo (Group) Co., Ltd.
9.7 Shanghai Wujing Chemical Co., Ltd.
9.8 Yip's Chemical Holdings Limited
9.9 Jinyimeng Group Co., Ltd.
9.10 Wacker Chemie AG
Chapter 10 - Primary Research - Key findings

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