Global Acrylic Esters Market Demand, Gross Profit, Opportunities, Future Estimations, Competitive Landscape, Business Revenue Forecast and Statistics
Global Acrylic Esters Market was valued US$ 7.57 Bn in 2017, and expected to reach US$ $ 12.57 Bn by 2026, at CAGR of 6.5 % during forecast period.
Acrylic Esters is projected to be the fastest growing market due to increasing acceptance of acrylate esters for producing adhesives, synthetic resins, synthetic rubbers and water-based paints. Acrylic ester are acrylic acid based polymers is used in water-based coating solutions in various applications, such as construction, textiles, adhesives, detergents and others. It has replaced solvent based paints and sealants. This has been driving the demand of the chemicals in the industry. Oil resistance and High thermal stability are key features of acrylic esters. Its non-toxic nature is responsible for growing adoption in various industries. It is used as building blocks for industrial polymers.
Rising construction industry has driven the demand for the acrylate esters market. Demand for coating from construction industry and expansion of butyl acrylates in China are factors driving the global acrylic ester market. In addition, slow recovery of the U.S. housing market and variation in raw material prices are hampering growth in the market. Demand for PPMA resins and commercial production of bio-based acrylic acid derivatives are expected to create better opportunities in the market. A trend in the industry is the rising demand for super-absorbent polymers.
Butyl acrylate is used as a soft monomer to improve the toughness and temperature properties. Expanding demand of butyl acrylate in paint and coating industry is driving the growth of acrylate esters market.
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Fluctuation in raw material prices is expected to be challenging for the growth of the acrylate esters market.
Rising population and the construction are the key factors to grow the Acrylic ester market in Asia Pacific region. Asia-Pacific dominated global acrylic ester market owing to high demand for the surface coating materials in various industry. Furthermore, rising derivatives utilization in surfactants, coatings, personal care products and adhesives will dominate the global market during the forecast period in Asia Pacific region.
Key companies profiled in Global Acrylic Esters Market Report are Arkema SA, BASF SE, Evonik Industries, LG Chem Ltd., Momentive Specialty Chemicals Inc., Mitsubishi Chemical Holdings Corporation, OJSC Sibur Holding, Sasol Ltd., Nippon Shokubai Co. Limited, and The Dow Chemical Company.
The report covers total market for Acrylic Esters has been analyzed based on the Porter’s five forces model. The impact of the different market factors, such as drivers, restraints, and opportunities, challenges key issues SWOT analysis, and technology forecasting is also illustrated in the report. This gives an idea about the key drivers, such as high growth and demand in emerging economies countries.
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Scope of Acrylic Esters Market:
Global Acrylic Esters Market, by Type
• Methyl Acrylate
• Ethyl Acrylate
• Butyl Acrylate
• 2-EH Acrylate
Global Acrylic Esters Market, by Application
• Surface Coatings
• Adhesives & Sealants
• Plastic additives
• Detergents
• Textiles
Global Acrylic Esters Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key Players Operating in Global Acrylic Esters Market:
• Arkema SA
• BASF SE
• Evonik Industries
• LG Chem Ltd.
• Momentive Specialty Chemicals Inc.
• Mitsubishi Chemical Holdings Corporation
• OJSC Sibur Holding
• Sasol Ltd.
• Nippon Shokubai Co. Limited,
• The Dow Chemical Company.
MAJOR TOC OF THE REPORT
Chapter One: Acrylic Esters Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Acrylic Esters Market Competition, by Players
Chapter Four: Global Acrylic Esters Market Size by Regions
Chapter Five: North America Acrylic Esters Revenue by Countries
Chapter Six: Europe Acrylic Esters Revenue by Countries
Chapter Seven: Asia-Pacific Acrylic Esters Revenue by Countries
Chapter Eight: South America Acrylic Esters Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Acrylic Esters by Countries
Chapter Ten: Global Acrylic Esters Market Segment by Type
Chapter Eleven: Global Acrylic Esters Market Segment by Application
Chapter Twelve: Global Acrylic Esters Market Size Forecast (2019-2026)
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