Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.

Ethyl Acetate Manufacturing Detailed Project Report for setting up New Business

Capacity 0 Plant and Machinery cost 0.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 0.00 %
Break Even Point (BEP) 0.00 % TCI 0.00 Lakhs
Cost of Project 0.00Lakhs



As the world continues to grow and produce new products, there will always be a demand for ethyl acetate. It's a versatile chemical that may be used in both industrial and consumer applications, making it one of the most sought-after chemicals available.

Start your own Ethyl Acetate Manufacturing Company to earn from this. We'll explain why you should do so in this post.


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Ethyl Acetate:

Ethyl Acetate is a colorless liquid, has a pungent odor, and has very good solvent power. It can dissolve many kinds of paint and lacquer. Ethyl Acetate is an organic compound with formula C4H6O2 that’s soluble in water and glycerol.

Commonly called acetates or ethyl esters, they are created when an acid molecule from an alcohol molecule is replaced by an alkaline hydrogen atom. The process is called esterification.

Ethyl acetate is produced on a large scale by reacting ethanol with acetic acid. In fact, about 90% of all ethyl acetate produced worldwide is made via fermentation using one-step fermentation technology (FET).


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Uses of Ethyl Acetate:

The uses of ethyl acetate are extensive, especially in its chemical industry. It is widely used as an additive in a number of solvents and organic chemical compounds. Its primary use is to be an industrial solvent and plasticizer for cellulose esters.

It can also be used to make perfumes, gums, lacquers, varnishes and glue solvents. Additionally, it is one of many chemicals that can be used to create synthetic rubber.

Because it has so many uses and applications, you will want to consider starting up your own ethyl acetate production business if you have access to raw materials that produce ethyl acetate or if you have access to other chemicals that require ethyl acetate as an ingredient.


Watch Video: Ethyl Acetate Production Plant. Highly Profitable Business for Entrepreneurs


Manufacturing Process:

Ethyl acetate is produced via an esterification reaction between ethanol and acetic acid. In a process known as transesterification, both compounds are dissolved in their pure form in an organic solvent such as methyl tert-butyl ether (MTBE).

At moderate temperatures (about 30 degrees Celsius) and under pressure, they are allowed to react with each other. The resulting solution contains mostly ethyl acetate, along with some water and traces of acetic acid and ethanol. The mixture is then distilled to separate out these impurities from ethyl acetate.

After distillation, it can be further purified by passing it through activated carbon filters. To ensure purity, it can also be run through vacuum distillation or recrystallization processes.


Download PDF: Ethyl Acetate Production Plant. Highly Profitable Business for Entrepreneurs


Why you should start an Ethyl Acetate Business:

Ethyl Acetate, also known as Ethanoic Acid or Etanoic Acid, is a colorless liquid used in perfumes and scents, flavoring agents and pharmaceuticals. Ethyl Acetate is used in medicine for anesthesia, as an analgesic and as a solvent for drugs.

In addition to these benefits, Ethyl Acetate can be used in plastics manufacturing because it acts as a plasticizer. It is also used in leather tanning, lacquers and varnishes. The chemical industry uses Ethyl Acetate to manufacture other chemicals such as cellulose acetate, butyrates, vinyl acetate copolymers and acetic acid esters of fatty acids.

The food industry uses Ethyl Acetate to preserve fruit juices, canned fruits and alcoholic beverages. It has been found that using Ethyl Acetate helps inhibit mold growth on food products. Ethyl Acetate is used in laboratories for preserving microorganisms, plants and animal tissues. Ethyl Acetate is also used as a solvent for resins, dyes and gums.


Business Plan: Ethyl Acetate Production Business

Global Market Outlook:

The chemical ethyl acetate is a colourless liquid with a fruity odour. Hexanoic acid or 2-propanoic acid are other names for it. It can be made naturally using yeast and bacteria, or artificially using synthetic processes. The ethyl acetate industry has been a promising one for some time due to increased demand from a range of end-user sectors.

The global market for ethyl acetate is expected to grow at a CAGR of roughly 4.2 percent over the next five years, reaching 5 million tonnes in 2024, up from 4 million tonnes in 2019.


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Asia-Pacific Market Outlook:

Asia-Pacific is predicted to dominate the market throughout the forecast period. Furthermore, rising family incomes and urbanisation rates in countries like China, India, and Malaysia are expected to drive substantial growth rates in Asia-Pacific.

India's demand for ethyl acetate has been gradually expanding in recent years. The automotive, food and beverage, and packaging industries are the country's principal end-user industries, each accounting for a significant share of ethyl acetate use.


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India Ethyl Acetate Market:

In 2020, the India Ethyl Acetate Market was valued at US$ 587.81 million, with a CAGR of 8.07 percent expected to reach US$ 1028.23 million by 2027.

When Ethanol and acetic acid are esterified in the presence of a strong acid, ethyl acetic acid is produced. Varnishes, coatings, cleaning solutions, and nitrocellulose are all made from it. Ultra-pure ethyl acetic acid is used to remove nail polish and clean electric circuit sheets.

Low-purity ethyl acetic acid can be used in pharmaceuticals, perfumes, printing inks, and food. It can be used in herbicides and as a decaffeination solvent for tea and coffee.


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Ethyl acetic acid is used in formulations for wood furniture, instrument fabrication, mining hardware, farming hardware, and marine equipment.

The usage of ethyl acetate in coating formulations for wood furniture, instrument manufacturing, mining hardware, farming hardware, and marine equipment is rising demand in India. Ethyl acetate is also used to manufacture flexible packaging sheets using the solvent cast technique.

Flexible packaging is widely used in the packaging industry because it is highly versatile, comes in a wide range of sizes, is low-cost, has a long shelf life, and can be recycled. 


Key Players:

·         INEOS (UK)

·         Celanese (US)

·         Eastman Chemical (US)

·         Jiangsu Sopo (China)

·         Jiangmen Handsome (China)

·         Wuxi Baichuan (China)

·         Jubilant (India)


·         Sekab (Sweden)

·         Korea Alcohol (South Korea)

·         IOL Chemicals and Pharmaceuticals (India)


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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.



NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:

• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.


The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.


Our Approach:

• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.


Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:



Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications


Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity


Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers


Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel


Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)


Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram


Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities


Project at a Glance

Along with financial details as under:


  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital


  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals


                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios


                Earnings Per Share (EPS)


             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 


  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR