The Indonesian Butyl Acetate Market to Reach 34 K Tons By 2025

The Indonesian butyl acetate market was equal to 22 thousand tons in 2015. Until 2025, the Indonesian market is forecast to reach 34 thousand tons, thus growing at a CAGR of about 3.23% per annum in the period 2020-2025. This is a decrease, compared to the growth at a CAGR of around 6.21% per year, registered in 2015-2019. The Indonesian production of butyl acetate is expected to stabilize at around 20 thousand tons in the medium term. Flat dynamics of the overall installed production capacities and their annual average utilization rates in the country are also expected.

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