Ethyl Acetate Market Demand 2022-28
The global ethyl acetate market size was valued at US$ 3.89 Billion in 2021 and is projected to reach US$ 5.15 Billion by 2028 at a CAGR of 4.1% during the forecast period 2022 to 2028. Ethyl acetate is an organic molecule that appears as a colourless liquid and has a sweet and fruity odour. Because of its inexpensive cost, low toxicity, and pleasant odour, ethyl acetate is frequently used as a solvent and diluent in paints, varnishes, and adhesives and sealants. It's widely used in nail polish removers, as well as in the colour and inks used to label fruits and vegetables. Ethyl acetate is a common chemical molecule that can be found in alcoholic beverages, fruit juices, beer, wine, and spirits, among other things.