Acrylate Market – Industry Analysis and Forecast (2017-2024) _ by Chemistry (Butyl Acrylate, Ethyl Acrylate, 2- Ethyl Hexyl Acrylate and Methyl Acrylate), by Application (Paints & Coatings, Plastics, Adhesives, Fabrics and Others), by End-use Industry (Packaging, Consumer Goods, Building & Construction, Textiles, Automotive and Others), and by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America).
Acrylates are a family of polymers, which are a type of vinyl polymer they are made from acrylate monomers. Acrylate monomers are usually esters which contain vinyl groups, which is, two carbon atoms double-bonded to each other, directly attached to the carbonyl carbon of the ester group.
For detailed report description and table of content click Acrylate Market – Global Industry Analysis and Forecast (2017-2024)
Acrylate Market valued USD 9.76 Billion in 2016 and expected to reach USD 10.50 Billion by 2024, at a CAGR of 6.5%.
Report includes assessment of Acrylate Market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the chemistry, application, end-use industry, and geography to assist in strategic business planning.
The rising use of Acrylate Market in adhesives and large demand of acrylates in paints & in water-based emulsions is expected to propel market growth during the forecast period.
The Paints & coatings application segment is expected to witness significant market growth:
This is due to the increasing growth of construction sector owing to infrastructural developments and growing renovation & refurbishment activities has driving the growth of this segment.
The packaging segment is estimated grow at a high CAGR during the forecast period:
This is due to large use of acrylate in paper coating and consumer goods coatings and growing e-commerce has propelled the growth of packaging end-use industry.
Asia Pacific is expected to hold the largest shares of the Acrylate Market during the forecast period:
This is due to the increasing industrialization, urbanization and rising disposable income is expected to drive the market growth in this region.
Scope of the Report:
Acrylate Market, By Chemistry: Butyl Acrylate, Ethyl Acrylate, 2- Ethyl Hexyl Acrylate and Methyl Acrylate
Acrylate Market, By Application: Paints & Coatings, Plastics, Adhesives, Fabrics and Others
Acrylate Market By Application: Packaging, Consumer Goods, Building & Construction, Textiles, Automotive and Others
Acrylate Market, By Geography: North America, Europe, Asia Pacific, Middle East, Africa and Latin America
Acrylate marketplace is growing with the presence of major companies holding a large market share.
Some of them operating in the Acrylate Market are given underneath:
- BASF SE (Germany)
- The Dow Chemical Company (US)
- Arkema (France)
- Evonik Industries (Germany)
- SIBUR (Russia)
- NIPPON SHOKUBAI CO. LTD. (Japan)
- LG Chem (South Korea)
- Formosa Petrochemical Corporation (Taiwan)
- SASOL Limited (South Africa)
- Mitsubishi Chemical Corporation (Japan)
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