Global Acrylic Ester Market, By Type (Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-EH Acrylate, Others), Application (Surface Coatings, Adhesives and Sealants, Plastic additives, Detergents, Textiles), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Acrylic Ester Market
The acrylic ester market is expected to be growing at a growth rate of 8.4% in the forecast period of 2021 to 2028. The acrylic ester market report analyses the growth, which is currently being growing due to the rising adoption of the acrylate esters.
Acrylic ester is utilized in the water-based coating solutions in numerous applications, for example the construction, textiles, adhesives, detergents and so forth. It has substituted solvent based paints and sealants. High thermal stability and oil resistance are its key characteristics of the acrylic esters. Its non-toxic nature is the reason for the mounting acceptance in the several industries. It is also utilized as building blocks for industrial polymers.
Factors such as the growing need of coatings from the construction industry, the rising demand of the water-based coatings, the swift developments of the butyl acrylates, the increasing need for the super- absorbent polymers, the growing demand of butyl acrylate in the paint and coating industry growing acceptance of the acrylate esters for producing the adhesives, synthetic resins rubbers and water based paints are expected to boost the growth of the acrylic ester market in the forecast period. However, the variations in the raw material expenses, the sluggish recovery of the U.S. housing market and the health effects of the acrylic ester are the factors anticipated to most likely further impede the growth of the acrylic ester market in timeline period.
Additionally, the profitable manufacture of the bio-based acrylic acid derivatives, the rising investment in the infrastructure boosted by the steady economic growth, the refined demand for Pmma resins are to extend profitable opportunities for the growth of the acrylic ester market in the coming years. Despite that, the bio-based chemicals as a substitute to the petroleum-based acrylic esters might further challenge the growth of the acrylic ester market in the near future.
This acrylic ester market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the acrylic ester market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Acrylic Ester Market Scope and Market Size
The acrylic ester market is segmented on the basis of type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on the type, the acrylic ester market is segmented into methyl acrylate, ethyl acrylate, butyl acrylate, 2-eh acrylate and others.
- Based on the application, the acrylic ester market is segmented into surface coatings, adhesives and sealants, water treatment, detergent, plastic additives, diaper and others.
Acrylic Ester Market Country Level Analysis
The acrylic ester market is analysed and market size, volume information is provided by country, resin type and application as referenced above.
The countries covered in the acrylic ester market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the acrylic ester market because of the increasing demand from surface coatings application. North America is projected to observe significant mount of growth in the acrylic ester market because of the opportunities that are named in the commercialization of the bio-based acrylic esters. Furthermore, the increasing demands of the acrylic ester in the developing nations which is further anticipated to propel the growth of the acrylic ester market in the region in the coming years.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acrylic Ester Market Share Analysis
The acrylic ester market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to acrylic ester market.
The major players covered in the acrylic ester market report are Arkema, BASF SE, LG Chem, Evonik Industries AG, Mitsubishi Chemical Holdings Corporation, Momentive, SIBUR, NIPPON SHOKUBAI CO. LTD, Sasol Limited, Dow, The Lubrizol Corporation, PTTGC Innovation America Corporation, SUNVIC CHEMICAL, Hexion., Parchem fine & specialty chemicals., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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