Ethyl Acetate Market Size

Ethyl Acetate Market Future Prospects

The global ethyl acetate market size is valued at USD 6.78 billion in 2024, and this is number is expected to increase to USD 12.27 billion by 2032, advancing at a CAGR of 7.82% from 2025 to 2032. This growth shall mainly be driven by the demand for synthetic solvents in the food industry, particularly in flavoring products. Growing consumer interest in a wide variety of flavors of greater intensity will definitely pick up the usage of ethyl acetate as a flavoring agent.

Consumption growth in consumer goods such as adhesives, nail polish removers, and printing inks are another major factor that has been the cause for this proliferation. Higher disposable incomes along with changes in preferences of consumers in developing economies are resulting in higher purchases of these products, thus fueling demand further for ethyl acetate.

Growth in global infrastructural activities is also contributing to market growth. Increasing demand for various applications such as coatings and paints, which generally contain ethyl acetate, will fuel demand due to the rising number of construction as well as manufacturing projects.