포름산 에틸 시장 : 예측(2025-2030년)

The ethyl formate market is projected to grow at a CAGR of 5.04% over the forecast period, increasing from US$1.663 billion in 2025 to US$2.126 billion by 2030.

The growing drivers of the ethyl formate market include expanding demand for the global paint and coating industry. The market drivers include developing and expanding new housing projects, rising infrastructure projects, growth in the automotive, aerospace, and shipping industries, etc. Further, the automotive industry uses coating additives for various reasons, including improved pigment effect and coating performance. With the increasing demand for automobiles, the need for ethyl formate is expanding.

Market Trends:

• Growth in Food and Beverage Applications: Ethyl formate, utilized as a flavoring agent and fumigant in the food industry, is seeing increased demand due to the rising popularity of processed foods. In 2022, the European Union exported processed food and beverage products worth €116.0 billion while importing raw food materials and crops. Processed foods are a major profit driver for the EU, highlighting the expanding role of ethyl formate in the food and beverage sector.
• Technological Innovations: Advancements in technology are set to drive significant market growth for ethyl formate. In March 2024, the Australian government partnered with Murdoch University to investigate ethyl formate as a safer alternative to methyl bromide for controlling the khapra beetle at Australian borders, ensuring product safety and efficacy.
• Asia-Pacific Market: The Asia-Pacific region is led by major economies such as China, Japan, India, and South Korea, with rapidly growing ASEAN countries also contributing. India stands out as a key player in the chemical industry, producing 80,000 commercial products and ranking as the world's 6th largest chemical producer and 3rd in Asia, contributing 7% to its GDP. Ethyl formate is widely used in India for specialty chemicals, solvents, fungicides, and larvicides.

Some of the major players covered in this report include Otto Chemie Pvt. Ltd., Spectrum Chemical Manufacturing Corp., Loba Chemie Pvt. Ltd., Beetachem Industries Pvt. Ltd., Vigon International, LLC., Kushan Odowell Co., Ltd., Sisco Research Laboratories Pvt. Ltd., Tokyo Chemical Industry (India) Pvt. Ltd., BASF SE, and Merck KGaA among others.

Key Benefits of this Report:

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
• Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
• Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

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Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive Intelligence

Report Coverage:

• Historical data from 2022 to 2024 & forecast data from 2025 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

Ethyl Formate Market Segmentation:

By Application

• Solvents
• Flavoring Agents
• Fumigants
• Intermediaries
• Others

By End-Use Industry

• Food and Beverage
• Pharmaceuticals
• Agriculture
• Paints and Coatings
• Others

By Grade

• Industrial Grade
• Food Grade
• Pharmaceutical Grade

By Distribution Channel

• Direct Sales
• Wholesalers
• Online Retail

By Region

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East & Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• Japan
• India
• South Korea
• Taiwan
• Others

TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

2. MARKET SNAPSHOT

• 2.1. Market Overview
• 2.2. Market Definition
• 2.3. Scope of the Study
• 2.4. Market Segmentation

3. BUSINESS LANDSCAPE

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Porter's Five Forces Analysis
• 3.5. Industry Value Chain Analysis
• 3.6. Policies and Regulations
• 3.7. Strategic Recommendations

4. ETHYL FORMATE MARKET BY APPLICATION

• 4.1. Introduction
• 4.2. Solvents
• 4.3. Flavoring Agents
• 4.4. Fumigants
• 4.5. Intermediaries
• 4.6. Others

5. ETHYL FORMATE MARKET BY GRADE

• 5.1. Introduction
• 5.2. Industrial Grade
• 5.3. Food Grade
• 5.4. Pharmaceutical Grade

6. ETHYL FORMATE MARKET BY DISTRIBUTION CHANNEL

• 6.1. Introduction
• 6.2. Direct Sales
• 6.3. Wholesalers
• 6.4. Online Retail

7. ETHYL FORMATE MARKET BY END-USER INDUSTRY

• 7.1. Introduction
• 7.2. Food And Beverage
• 7.3. Pharmaceuticals
• 7.4. Agriculture
• 7.5. Paints And Coatings
• 7.6. Others

8. ETHYL FORMATE MARKET BY GEOGRAPHY

• 8.1. Introduction
• 8.2. North America
  • 8.2.1. By Application
  • 8.2.2. By Grade
  • 8.2.3. By Distribution Channel
  • 8.2.4. By End-use Industry
  • 8.2.5. By Country
    • 8.2.5.1. USA
    • 8.2.5.2. Canada
    • 8.2.5.3. Mexico
• 8.3. South America
  • 8.3.1. By Application
  • 8.3.2. By Grade
  • 8.3.3. By Distribution Channel
  • 8.3.4. By End-use Industry
  • 8.3.5. By Country
    • 8.3.5.1. Brazil
    • 8.3.5.2. Argentina
    • 8.3.5.3. Others
• 8.4. Europe
  • 8.4.1. By Application
  • 8.4.2. By Grade
  • 8.4.3. By Distribution Channel
  • 8.4.4. By End-use Industry
  • 8.4.5. By Country
    • 8.4.5.1. United Kingdom
    • 8.4.5.2. Germany
    • 8.4.5.3. France
    • 8.4.5.4. Spain
    • 8.4.5.5. Others
• 8.5. Middle East and Africa
  • 8.5.1. By Application
  • 8.5.2. By Grade
  • 8.5.3. By Distribution Channel
  • 8.5.4. By End-use Industry
  • 8.5.5. By Country
    • 8.5.5.1. Saudi Arabia
    • 8.5.5.2. UAE
    • 8.5.5.3. Others
• 8.6. Asia Pacific
  • 8.6.1. By Application
  • 8.6.2. By Grade
  • 8.6.3. By Distribution Channel
  • 8.6.4. By End-use Industry
  • 8.6.5. By Country
    • 8.6.5.1. China
    • 8.6.5.2. Japan
    • 8.6.5.3. India
    • 8.6.5.4. South Korea
    • 8.6.5.5. Taiwan
    • 8.6.5.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 9.1. Major Players and Strategy Analysis
• 9.2. Market Share Analysis
• 9.3. Mergers, Acquisitions, Agreements, and Collaborations
• 9.4. Competitive Dashboard

10. COMPANY PROFILES

• 10.1. Otto Chemie Pvt. Ltd.
• 10.2. Spectrum Chemical Manufacturing Corp.
• 10.3. Loba Chemie Pvt. Ltd.
• 10.4. Vigon International, LLC
• 10.5. Kushan Odowell Co., Ltd.
• 10.6. Sisco Research Laboratories Pvt. Ltd.
• 10.7. Tokyo Chemical Industry (India) Pvt. Ltd.
• 10.8. BASF SE
• 10.9. Merck KGaA

11. APPENDIX

• 11.1. Currency
• 11.2. Assumptions
• 11.3. Base and Forecast Years Timeline
• 11.4. Key Benefits for the Stakeholders
• 11.5. Research Methodology
• 11.6. Abbreviations