According to ChemAnalyst report, “India n-Propyl Acetate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2030”, The n-Propyl Acetate market has displayed significant expansion in the historic period of FY2015-FY2023 and is expected to further grow at a CAGR of 5.44% in the forecast period. The surging demand for n-Propyl Acetate from major end-use industries, Paints & Coatings, Personal Care & Cosmetics, and Printing Ink is anticipated to favour the n-Propyl Acetate market expansion in the upcoming years.

n-propyl acetate is an organic compound which is volatile and colourless with an acetone-like odour. For many different natural and synthetic resins, it has good solvency power. It is easily soluble with various organic solvents, including alcohols, aldehydes, ketones, and glycol ethers. It is also utilised as a fragrance solvent, in aerosol sprays, and in nail care products. Due to its aroma, which is similar to pears, it can also be utilised as a flavouring additive.

Read Read Full Report Here: https://www.chemanalyst.com/industry-report/india-n-propyl-acetate-comprehensive-techno-commercial-market-30

The product finds its application in printing, mainly used in flexographic and screen-printing inks. Furthermore, owing to its wide application in the cosmetics and fragrance industry, the demand of n-propyl acetate is anticipated to rise in the forecast period. Increment in the general income and growing awareness of self-grooming in the country is propelling the cosmetic industry substantially. This exponential growth in the cosmetic industry is driving the India propyl acetate market on a large scale. However, major share for this product goes to paint and coating industries while remaining is invested into other industries. Since the product finds its major use in the cosmetics industry, the rising use of nail care products is likely to push the n-Propyl Acetate market demand to new heights in India.

The n-Propyl Acetate market is segregated based on end-use, sales channel, and region. Based on end-use segment, the India n-Propyl Acetate market is segmented into Paints & Coatings, Personal Care & Cosmetics, Printing Ink, Others. Among these industries, Paints & Coatings is the leading segment and held a market share of roughly 50% in FY2022. Furthermore, due to the low- boiling point and high-evaporation rate of n-Propyl Acetate, it is widely used as a solvent in other industries as well such as Paints & Coatings sector.

Based on the region, the n-Propyl Acetate market is segmented into West, South, North, and South. During the historic period of FY2015-FY2022, West India dominated the n-Propyl Acetate market. This region is anticipated to remain as the leading consumer in the forthcoming years as well owing to rapid consumption of n-Propyl Acetate as an industrial solvent in various industries situated in states like Gujarat, Maharashtra, and Rajasthan which includes, paints & coatings and giants like Asian Paints.

Read Read Full Report Here: https://www.chemanalyst.com/industry-report/india-n-propyl-acetate-comprehensive-techno-commercial-market-30

“India n-Propyl Acetate Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, FY2015-FY2030”, There are no domestic players of India n-Propyl Acetate market as of now. Other major global players in the n-Propyl Acetate are OQ Chemicals GmbH, Solvay, Sasol, DOW chemicals, Eastman Chemical company, Showa Denko, Chang Chun Group, Zhejiang Jianye Chemical Co., Ltd, Nanjing Wujiang Chemical Co., Ltd., Yixing Kaixin Chemical Co., Ltd and others.

“Continuously increasing demand of n-Propyl Acetate as solvent due to its ease of miscibility with majority of organic compounds and high-evaporation rate to manufacture paints & coatings as the major application is anticipated to propel the n-Propyl Acetate market in the forecast period until FY2030. Other uses of n-Propyl Acetate for manufacturing in flexographic and screen-printing inks and usage as food additives further augments the market expansion. “said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

About Us:

ChemAnalyst is a subsidiary of Techsci Research, which was established in 2008, and has been providing exceptional management consulting to its clients across the globe for over a decade now. For the past four years, ChemAnalyst has been a prominent provider of Chemical commodity prices in more than 15 countries. We are a team of more than 100 Chemical Analysts who are committed to provide in-depth market insights and real-time price movement for 300+ chemical and petrochemical products. ChemAnalyst has reverberated as a preferred pricing supplier among Procurement managers and Strategy professionals worldwide. On our platform, we provide an algorithm-based subscription where users can track and compare years of historical data and prices based on grades and incoterms (CIF, CFR, FOB, & EX-Works) in just one go.

The ChemAnalyst team also assists clients with Market Analysis for over 1200 chemicals including assessing demand & supply gaps, locating verified suppliers, choosing whether to trade or manufacture, developing Procurement Strategies, monitoring imports and exports of Chemicals, and much more. The users will not only be able to analyze historical data for past years but will also get to inspect detailed forecasts for the upcoming years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.

ChemAnalyst is your one-stop solution for all data-related needs. We at ChemAnalyst are dedicated to accommodate all of our world-class clients with their data and insights needs via our comprehensive online platform.

Contact Us:

ChemAnalyst

B-44 Sector-57 Noida,

National Capital Region

Tel: 0120-4523990

Mob: +91-8882805349

Email: [email protected]

Website: https://www.chemanalyst.com/