U.S. Methyl Acetate Market Size Worth USD 171.76 Million by 2034 | CAGR: 7.8%

The U.S. methyl acetate market size is expected to reach USD 171.76 million by 2034, according to a new study by Polaris Market Research. The report “U.S. Methyl Acetate Market Size, Share, Trends, Industry Analysis Report: By Grade (Industrial, Pharmaceutical, Food Grade), By Purity, By Sales Channel, By End Use Industry – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Methyl ethanoate, also known as methyl acetate, is an almost colorless, transparent liquid with a fast dispersing characteristic. It has a mild fruity scent and is flammable. It is used extensively as a solvent because it evaporates faster and dissolves a wide range of materials. Methyl ethanoate is used as an intermediate in chemical manufacturing and as a cleaning solvent in some processes. It is considered a solvent because its toxicity is low, and it is classified as a low-volatile organic compound (VOC). Thus, it is an alternative to more harmful solvents. Because of these attributes, it is used in many different types of products, ranging from industrial coatings to personal care products.

The U.S. methyl acetate market growth is attributed to increasing adoption of environmental legislation, which is pushing industries to adopt greener and healthier solvents. Another driver is the unchanged supply needed for the paints and coatings in the construction and automobile industries. This supply is needed to meet the unending demand for high-quality, resilient finishes on vehicles and buildings. Apart from that, the pharmaceutical market offers opportunities due to increasing demand for purified solvents for drug production. While there is demand for more and more innovative and green effective solvents, it is indeed a challenge in the varying elements market.

U.S. Methyl Acetate Market Report Highlights:

• By grade, the industrial grade segment held the largest share of the market in 2024. This is driven by its widespread use as a cost-effective and high-performing solvent in major industries such as paints, coatings, and adhesives, where it is used in large volumes for mass-production processes.
• By purity, the 90-99% purity segment held the largest share of the market in 2024. This is because it provides a good balance between cost and performance, making it the preferred choice for various industrial applications that do not require the ultra-high purity needed for more specialized uses.
• By sales channel, the direct sales segment held the largest share of the market in 2024. This is due to major manufacturers selling their products directly to large industrial clients, which allows for better control over the supply chain and provides stability for high-volume customers who need a consistent supply.
• By end-use industry, the paints and coatings industry held the largest share of the market in 2024. This is because the chemical is an essential solvent in the production of paints and coatings for the ever-growing construction and automotive sectors, where its quick evaporation and excellent solvency are highly valued.
• A few key players in the market include Celanese Corporation, Eastman Chemical Company, Wacker Chemie AG, BASF SE, Thermo Fisher Scientific Inc., Merck KGaA, TCI Chemicals, and LyondellBasell Industries N.V.

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Polaris Market Research has segmented the U.S. methyl acetate market report based on grade, purity, sales channel, and end use industry:

By Grade Outlook (Revenue – USD Million, 2020–2034)

• Industrial
• Pharmaceutical
• Food Grade

By Purity Outlook (Revenue – USD Million, 2020–2034)

• >= 99% Purity
• 90-99% Purity
• <90% Purity

By Sales Channel Outlook (Revenue – USD Million, 2020–2034)

• Direct
• Indirect

By End Use Industry Outlook (Revenue – USD Million, 2020–2034)

• Paints & Coatings
• Adhesives & Sealants
• Pharmaceuticals
• Inks
• Personal Care & Cosmetics
• Others