The Global Butyl Ethanoate Market was valued at USD 2.84 Billion in 2024 and is projected to reach USD 3.82 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period (2024–2030). This consistent growth is fueled by rising demand from the paints and coatings industry, expansion in the packaging sector, and the increasing use of butyl ethanoate as a high-purity solvent in pharmaceutical and food applications.

As the chemical industry evolves toward more efficient and environmentally compliant solvent solutions, the focus turns to the key producers who are driving production capacity, innovation, and global supply chain resilience. In this blog, we profile the Top 10 Companies in the Butyl Ethanoate Industry—a blend of global chemical giants and specialized manufacturers shaping the future of this essential solvent.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Industrial Grade Butyl Acetate, High-Purity Solvents

BASF is a global leader in the chemical industry and a major producer of butyl ethanoate (butyl acetate). The company supplies high-quality solvents to the coatings, printing inks, and adhesive industries worldwide, leveraging its integrated production sites and strong R&D capabilities.

Key Market Initiatives:

• Global production network with plants in Europe, Asia, and the Americas

• Focus on developing bio-based and sustainable solvent alternatives

• Strong commitment to reducing the carbon footprint of chemical production

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9️⃣ 2. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: Butyl Acetate, Specialty Solvents

Dow is a key player in the oxo-alcohols and derivatives market, with significant production capacity for butyl acetate. The company serves a broad range of industries, including paints, coatings, and cosmetics, with a focus on product purity and consistency.

Key Market Initiatives:

• Integrated production from upstream raw materials

• Investment in circular economy projects for solvent recovery

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8️⃣ 3. INEOS Oxide

Headquarters: Rolle, Switzerland
Key Offering: Butyl Acetate, Ethyl Acetate, Solvent Blends

INEOS Oxide is one of Europe’s leading producers of solvents, including butyl ethanoate. The company operates large-scale production facilities and has a strong presence in the European and North American markets, supplying the coatings, inks, and adhesives sectors.

Key Market Initiatives:

• Strategic investments in production capacity expansion

• Focus on supply chain optimization and logistic efficiency

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7️⃣ 4. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: High-Purity Butyl Acetate, Specialty Chemicals

Eastman is a prominent global specialty materials company that produces butyl acetate for demanding applications. Their products are known for high quality and are used in automotive coatings, wood finishes, and industrial applications.

Key Market Initiatives:

• Innovation in solvent technologies for low-VOC formulations

• Commitment to sustainable and responsible manufacturing practices

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Butyl Ethanoate Market – View in Detailed Research Report

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6️⃣ 5. Celanese Corporation

Headquarters: Irving, Texas, USA
Key Offering: Butyl Acetate, Acetyl Derivatives

Celanese is a global chemical and specialty materials leader with a strong acetyl chain portfolio, including butyl acetate. The company’s integrated manufacturing process ensures a reliable supply for various industrial and consumer applications.

Key Market Initiatives:

• Global production footprint with facilities in the US, Asia, and Europe

• Emphasis on operational excellence and cost leadership

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5️⃣ 6. KH Neochem Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Butyl Acetate, Plasticizers, Specialty Chemicals

KH Neochem is a leading Japanese chemical company with a significant market share in the Asian butyl acetate market. The company supplies high-purity solvents to the electronics, automotive, and packaging industries.

Key Market Initiatives:

• Expansion of production capacity to meet growing Asian demand

• Development of eco-friendly chemical products

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4️⃣ 7. OXEA GmbH

Headquarters: Monheim am Rhein, Germany
Key Offering: Oxo-Intermediates, Butyl Acetate, Specialty Esters

OXEA is a leading global producer of oxo-intermediates and derivatives, including butyl ethanoate. The company is known for its high-quality products and serves customers in the coatings, lubricants, and pharmaceuticals sectors.

Key Market Initiatives:

• Focus on safety, quality, and environmental stewardship

• Investment in research for new application development

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3️⃣ 8. Korea Alcohol Industrial Co., Ltd.

Headquarters: Seoul, South Korea
Key Offering: Butyl Acetate, Ethanol, Solvents

Korea Alcohol Industrial is a major solvent producer in South Korea, supplying butyl acetate to the regional paints, inks, and coatings industry. The company has a strong distribution network across Asia.

Key Market Initiatives:

• Modernization of production facilities for enhanced efficiency

• Strategic focus on export markets

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2️⃣ 9. Yankuang Group (Shandong)

Headquarters: Jining, Shandong, China
Key Offering: Butyl Acetate, Coal Chemicals, Solvents

Yankuang Group is a major Chinese chemical producer with significant capacity for butyl acetate. The company leverages its coal chemical operations to produce a range of solvents for the domestic and international markets.

Key Market Initiatives:

• Vertical integration from coal to downstream chemicals

• Expansion of production to capitalize on growing domestic demand

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1️⃣ 10. JNC Corporation

Headquarters: Tokyo, Japan
Key Offering: Butyl Acetate, Functional Chemicals, Display Materials

JNC Corporation is a diversified Japanese chemical company that produces butyl acetate for various industrial applications. The company has a strong technological foundation and serves customers in high-tech industries.

Key Market Initiatives:

• Development of high-value specialty chemicals

• Focus on innovation and customer-specific solutions

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Butyl Ethanoate Market – View in Detailed Research Report

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🌍 Outlook: The Future of Butyl Ethanoate Is Sustainable and High-Performance

The butyl ethanoate market is undergoing a significant transformation. While traditional applications in paints and coatings continue to dominate consumption, the industry is increasingly focusing on sustainable production methods, bio-based alternatives, and meeting stringent environmental regulations.

📈 Key Trends Shaping the Market:

• Growing demand for low-VOC and environmentally friendly solvents

• Expansion of production capacity in Asia-Pacific, particularly in China and India

• Increasing use of butyl acetate in the pharmaceutical and food industries as a high-purity extraction solvent

• Technological advancements in production processes for improved yield and reduced energy consumption

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Butyl Ethanoate Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial solvent—they’re driving the innovation and sustainability agenda for the global chemical industry.