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Profitable Project Investment Opportunity In Acetates Production

Profitable Project Investment Opportunity in Acetates Production. Ethyl and Butyl Acetate Manufacturing Business Ethyl acetate Ethyl acetate is a moderately polar solvent that has the advantages of being volatile, relatively non-toxic and non-hygroscopic. It is an important green organic solvent with excellent dissolving ability and quick-drying property. Ethyl acetate (structure shown above) is the most familiar ester to many chemistry students and possibly the ester with the widest range of uses. Esters are structurally derived from carboxylic acids by replacing the acidic hydrogen by an alkyl or aryl group. Ethyl acetate itself is a colourless liquid at room temperature with a pleasant "fruity" smell, b.p. 77°C. Common Uses of Ethyl Acetate Ethyl acetate is manufactured on a large scale, as over 1 million tons are produced annually in the world. This chemical is used commonly due to its low cost and agreeable aroma. • Nail polish remover • Cigarettes • Glue • Paint (as an activator or hardener) • Confections (as an artificial flavor) • Perfume Ethyl acetate has many uses, such as artificial fruit essences and aroma enhancers, artificial flavours for confectionery, ice cream and cakes, as a solvent in many applications (including decaffeinating tea and coffee) for varnishes and paints (nail varnish remover), and for the manufacture of printing inks and perfumes. Ethyl acetate is most commonly used as a solvent (due to its dilution properties). As a high purity solvent, it is used in cleaning electric circuit boards and as a nail polish remover. At a lower purity, it can be used as in printing, pharmaceuticals, perfumes, food, decaffeination of tea/coffee and a carrier solvent for herbicides. Ethyl acetate is also used in coating formulations for wood furniture, agricultural, construction equipment, mining equipment and marine uses. It is also naturally produced in wine during the fermentation process. The main user end markets of these product are the electronics, cosmetic, printing, food and coatings industries. In addition to the common uses listed above, ethyl acetate is also used in the process of decaffeinating coffee and tea, and it occurs as a byproduct of acetic acid and ethyl alcohol in wine fermentation. Ethyl Acetate Market size may grow significantly over the forecast timeframe as it is used as solvent in inks, oil based enamels and adhesives. It also finds application in cosmetics, wine food & beverage and laboratory experiments. It is organic in nature and known as ethyl ethanoate, acetic ester or acetic ether. It is manufactured by Fischer ethanol esterification and acetic acid or ethanol dehydrogenation Hydrogenation process is more economical and commonly accepted process in chemical plant. Ethyl acetate has wide application scope in nail products including nail polish removers, nail polishes and base coats as efficient solvent. It possesses fruity odour and acts as film forming agent in nail paint. It is also used in nail paint remover as it is gentle on nail enamel and quickly removes nail paint. Frequent consumer visits in spa and salon to maintain nails may contribute towards product demand. Rise in nail products demand due to growing awareness regarding personal grooming mainly in young generation may boost product demand in nail care applications. Ethyl acetate is common two components solvents in column chromatography. It has more than four polarities thereby used in difficult separations. Column chromatography is used in wine industry to differentiate various wine types and to study wine vintage. Global chromatography market was valued at over USD 7.05 billion in 2016. Rise in wine consumption mainly in Germany and UK should favour ethyl acetate market size. The global ethyl acetate market has experienced a remarkable growth over the last decade owing to its use in the several industries such as food & beverage, pharmaceutical, cosmetics, laboratories and others. Progressive growth in such industries has propelled the demand for ethyl acetate across the world. Domestic demand is driven by its use as a solvent for printing inks, paints and in pharmaceuticals as well as in exports. India exports significant volumes of ethyl acetate, however, domestic production is not up to full capacity because of low demand. Ethyl Acetate is an organic compound produced by Fischer ethanol esterification and ethanol dehydrogenation process. This process is termed as an economic process and widely used in a chemical plant. Ethyl Acetate is prominently used in automotive, construction, pharmaceuticals, medical, food & beverages, packaging, to produce best quality products in the sectors. Butyl acetate Butyl acetate, also known as butyl ethanoate is an organic compound which is majorly used as a solvent for manufacturing lacquers and other products. It is a flammable colorless liquid which is found in various types of fruits. Butyl acetate is commonly used as a synthetic fruit flavoring in certain food products such as cheese, ice creams, candies and baked goods. It is primarily manufactured by the Fischer esterifaction of acetic acid and butanol isomer in the presence of catalytic sulfuric acid. Butyl acetate also serves as a raw material in certain coating, cosmetic and adhesive industries. Various isomers of butyl acetate are produced in the industry such as sec-butyl acetate, tert-butyl acetate and isobutyl acetate. Butyl acetate is widely used as a solvent for lacquers, since it provides good flow and brush resistance in film-coating resins such as cellulose nitrate, cellulose acetate butyrate, ethyl cellulose, polystyrene, and methyl methacrylate resins. It is also largely used as a solvent in the manufacture of plastics, textiles, artificial leathers, as an ingredient for perfumes & synthetic flavors, and as an extractant for oils & pharmaceuticals. China, Germany, and U.S. are the largest consumers of n-butanol for manufacturing butyl acetate. Growth in this segment is driven by increasing use of paints, lacquers, and cosmetics. The market for butyl acetate (BAC or butac), which primarily is a colorless flammable liquid ester with fragrance, is flourishing on the back of the prosperity of its various end-use industries such as building and construction and automotive. In addition to that, butyl acetate is now frequently used as synthetic fruit flavoring agent for the manufacturing of food products such as cheese, ice creams, bakery products, and candles. It also is used as a raw material for the production of cosmetics, industrial adhesives, and certain coating. Consequently, as each of these industries touch new peaks in the near future, the demand in the global butyl acetate market is anticipated to increment at a notable CAGR during the forecast period of 2017 to 2025. The demand for butyl acetate has been swelling consistently, aggressively during peak season for solvents. In addition to that, increasing usage of water-based coatings by the building and constructing industry as well as growing demand for automotive paints are also reflecting positively on the market. A number of cosmetic products and adhesives are now also produced using butyl acetate, which is further providing traction to the market. Butyl acetate is now a common solvent for the manufacturing of textiles, plastics, artificial leathers, as an extractant for oils & pharmaceuticals and as an ingredient for perfumes & synthetic flavors. On the other hand, hazardous issues pertaining to the production of butyl acetate and the need to continuously monitor the exposure level are obstructing the market from attaining its true potential. The global market for butyl acetate has witnessed a significant growth over the past few years, primarily driven by the growing demand in the Asia Pacific region. Production facilities of the compound are primarily concentrated in North America and Europe, which also serve as the major exporting regions. Developed regions such as the Middle East is anticipated to gain significant share in the butyl acetate industry on account of increasing efforts by their governments to attract various petrochemical and chemical companies. 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