Capacity utilization in the n-butyl acetate industry remains low, demand growth in traditional downstream sectors such as coatings and inks is lagging, and emerging applications (such as pharmaceutical extraction and high-end solvents) have yet to build scale. This supply-demand imbalance is unlikely to ease in the short term.
Domestic overcapacity is forcing companies to expand overseas channels. The Belt and Road Initiative is deepening infrastructure cooperation, driving demand for coatings and plastics in countries along the route. Structural overcapacity is accelerating industry reshuffles, with small and medium-sized enterprises exiting the market. Leading companies, leveraging their advantages in scaled production and integrated supply chains, are dominating the market.
September is traditionally peak season for the coatings industry, but current n-butyl acetate prices have not rebounded significantly, reflecting a limited recovery in demand. We must monitor price fluctuations for raw materials acetic acid and n-butanol, as well as any seasonal demand recovery in the downstream coatings industry.
