What is the current state and development outlook of China's n-propyl acetate industry?

What is the current state and development outlook of China's n-propyl acetate industry?
China's n-propyl acetate market is growing steadily but at a moderating pace. By 2024, domestic capacity reached 860,000 tonnes, with production at 322,000 tonnes against demand of 359,000 tonnes, implying a supply gap filled by imports. The market size hit RMB 2.873 billion, up 17.79% year-on-year, with an average price around RMB 8,003 per tonne. Demand is driven by tightening environmental rules that push formulators away from benzene-based solvents toward eco-friendlier esters. Key applications include paints and coatings, printing inks, cosmetics, food flavoring, and pharmaceuticals. The competitive landscape features leading players such as Qianxin Chemical, Nanjing Rongxin, Ningbo Yongshun, and several Jiangsu-based producers, with competition centered on green process upgrades and high-end application development.