Acrylate Market size was valued at US$ 1.2 Bn. in 2021 and the total Acrylate revenue is expected to grow at 6.3 % from 2022 to 2029, reaching nearly US$ 1.95 Bn.
Acrylate Market Overview:Cosmetic components e.g. acrylate polymers and copolymers aid in the development of formulae with a variety of aesthetic and physiological effects e.g. soft, velvet-like feels. More than 20 years ago, solid polymers e.g. polymethyl methacrylate were incorporated into cosmetic goods. Technological advances have been created to provide extremely unique items with a wide range of features and uses.To know about the Research Methodology :- Request Free Sample Report Recently, a novel trademarked process was developed to produce a cross-linked polymer with flawless spherical form and exceptionally mono-level large particles (approximately 15 microns). They are translucent on the skin, giving mascaras a fantastic look, silky feel, and fullness. Because they are perfectly smooth, they do not burn out the skin while absorbing moisture, making them suitable for clean, normal, and delicate skin. Recent technological advancements have resulted in unique composite items with many functionalities. In this report, the Acrylate market's growth reasons, as well as the market's many segments (Form, Application, End-Use Industry, and Region), are discussed. Data has been given by market players, regions, and specific requirements. This market report includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis is presented in the form of statistics, infographics, and presentations. The study discusses the Acrylate market's Drivers, Restraints, Opportunities, and Challenges. The report helps to assess the market growth drivers and determines how to use these drivers as a tool. The report also helps to rectify and resolve issues related to the global Acrylate market situation.
Acrylate Market Dynamics:Because of their biochemical purity and durability, acrylate or acrylic polymers and copolymers are widely used in the cosmetic sector in a spectrum of uses. Nonetheless, the makeup industry's research and development is continuously looking for game-changing technology. These polymers are simple to make, exceedingly robust, and harmless for the skin. Makeup grades contain a specified monomer concentration and a high level of biological purity. Acrylic acid polymers are water-dispersible in highly acidic conditions, and their distribution deepens as the pH rises. Water-soluble linear acrylic polymers with shorter chain lengths are utilized for their metal quenching capabilities. The key opportunity in the market is the fact that there is a growing need for ecologically friendly formulations (Since acrylic acids and acrylic polymers are biodegradable). The creation of bio-based polymer processes is crucial for the market's survival in the next years. The primary purpose of producing green or bio-based pigments and coatings systems is environmental sustainability. The term environmental sustainability refers to every stage of the coating's life cycle, from raw materials to polymer manufacture and formulations. Most coating's raw materials are made from fossil-based raw resources or oil, coal, and natural gas. Because of the greenhouse gas emissions, the misuse of these resources exacts a heavy toll on the ecosystem. When compared to their traditional equivalents, natural resources based on plant cellulose have advantageous qualities. Plant-based ingredients, e.g. linseed and soya oils, are still used in coating formulations, but in fewer quantities. Strict regulatory policies are expected to be a hindrance to the acrylate market growth. Legislative regulations and limits governing the use of coatings and adhesives vary by nation. Coating laws change, requiring producers to upgrade and improve their procedures to comply with government initiatives. Products that do not meet the specifications are not permitted to be sold in their respective markets.
Acrylate Market Segment Analysis:By Application, the paints and coatings segment is expected to grow at a CAGR of 3.1% in the aforementioned forecast period followed by the adhesives segment. Acrylates are widely used in coatings and paints, including solvent-borne coverings, emulsified paints, water-based paints, and printer inks for demanding applications with fast drying speeds, e.g. auto-based industrial coatings. They are also used in pressure-sensitive adhesive formulations, ranging from low bonding, and just hardly tacky adhesives to very strong adhesives that can attach indefinitely to the surface of garments, automobile components, fabric finishing, tape sealants, and high-temperature-resistant polymers. They may also be used as plasticizers to increase the plasticity of crumbly and hard plastics, which are often used in the automobile sector for absorbers, valves, seals, that must withstand repeated exposure to hydrocarbon lubricants and high temperatures. Polymethyl Methacrylate (PMMA) is a non-biodegradable polyacrylate that is the most often used non-metallic transplant material in orthopedic surgery. It is also an important component in the manufacture of prosthetics. PMMA can be used as a bone recovery polymer in orthopaedic artificial components for elbow, ankle, and hip surgeries. PMMA-based bone cement can be applied to bioactive glasses to transmit physical qualities and change drying dynamics, as well as include certain antibiotic doses into the cement to reduce the risk of associated implant infection. PMMA is commonly applied in a variety of medical equipment, including filtration membranes and plasma pumps, due to its excellent bio-compatibility and simplicity of customization.
Acrylate Market Regional Insights:The stringent regulatory policies are expected to impact the regional acrylate market in the previously mentioned forecast period. In the USA, At least 30 states prohibit the commercial use of methyl methacrylate in beauty salons. Nonetheless, the Federal Drug Administration discovered tiny levels of the chemical in 12 to 20 random samples of fine paste and claims that it is still present in artificial nail products. Air tests from 10 randomly chosen nail salons in the USA, Utah, which outlawed methyl methacrylate, revealed that methyl methacrylate was circulating in the air in 55% of the salons. The Methacrylate Producers Association has claimed that due to the abrasive and skin sensitizing qualities of ethyl methacrylate and methyl methacrylate, these compounds are not suitable for synthetic nail products. Acrylic Polymers were the 214th most traded product in the world in 2021. Acrylic Polymer shipments fell by 3.8 % between 2021. Acrylic polymer commerce accounts for 0.094 percent of total global trade. The objective of the report is to present a comprehensive analysis of the Acrylate market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Acrylate market dynamics, structure by analyzing the market segments and projecting the Acrylate market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Acrylate market make the report investor’s guide.
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Acrylate Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 1.2 Bn. Forecast Period 2022 to 2029 CAGR: 6.3% Market Size in 2029: US $ 1.95 Bn. Segments Covered: by Application • Paints & Coatings • Plastics • Adhesives • Fabrics • Others by Form • Butyl Acrylate • Ethyl Acrylate • 2- Ethyl Hexyl Acrylate • Methyl Acrylate by End-Use Industry • Packaging • Consumer Goods • Building & Construction • Textiles • Automotive • Others
Acrylate Market, by Region• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)
Acrylate Market Key Players• BASF SE • The Dow Chemical Company • Arkema • Evonik Industries • SIBUR • NIPPON SHOKUBAI CO. LTD. • LG Chem • Formosa Petrochemical Corporation • SASOL Limited • Mitsubishi Chemical Corporation • The DOW Chemical Company • Air Liquide SA • Jiangsu Jurong Chemical Co., Ltd. • Loba Chemie Pvt.Ltd • Merck KgaA • Polysciences, Inc. FAQs: 1. Which is the potential market for Acrylate in terms of the region? Ans. China is the potential market for Acrylate in terms of the region. 2. What are the opportunities for new market entrants? Ans. The key opportunity in the market is the fact that there is a growing need for ecologically friendly formulations. 3. What is expected to drive the growth of the Acrylate market in the forecast period? Ans. acrylate or acrylic polymers and copolymers are widely used in the cosmetic sector in a spectrum of uses 4. What is the projected market size & growth rate of the Acrylate Market? Ans. Acrylate Market size was valued at US$ 1.2 Bn. in 2021 and the total Acrylate revenue is expected to grow at 6.3 % from 2022 to 2029, reaching nearly US$ 1.95 Bn. 5. What segments are covered in the Acrylate Market report? Ans. The segments covered are Form, Application, End-Use Industry, and Region.
1. Global Acrylate Market: Research Methodology 2. Global Acrylate Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Acrylate Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Acrylate Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Acrylate Market Segmentation 4.1 Global Acrylate Market, by Application (2021-2029) • Paints & Coatings • Plastics • Adhesives • Fabrics • Others 4.2 Global Acrylate Market, by Form (2021-2029) • Butyl Acrylate • Ethyl Acrylate • 2- Ethyl Hexyl Acrylate • Methyl Acrylate 4.3 Global Acrylate Market, by End-Use Industry (2021-2029) • Packaging • Consumer Goods • Building & Construction • Textiles • Automotive • Others 5. North America Acrylate Market(2021-2029) 5.1 North America Acrylate Market, by Application (2021-2029) • Paints & Coatings • Plastics • Adhesives • Fabrics • Others 5.2 North America Acrylate Market, by Form (2021-2029) • Butyl Acrylate • Ethyl Acrylate • 2- Ethyl Hexyl Acrylate • Methyl Acrylate 5.3 North America Acrylate Market, by End-Use Industry (2021-2029) • Packaging • Consumer Goods • Building & Construction • Textiles • Automotive • Others 5.4 North America Acrylate Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Acrylate Market (2021-2029) 6.1. European Acrylate Market, by Application (2021-2029) 6.2. European Acrylate Market, by Form (2021-2029) 6.3. European Acrylate Market, by End-Use Industry (2021-2029) 6.4. European Acrylate Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Acrylate Market (2021-2029) 7.1. Asia Pacific Acrylate Market, by Application (2021-2029) 7.2. Asia Pacific Acrylate Market, by Form (2021-2029) 7.3. Asia Pacific Acrylate Market, by End-Use Industry (2021-2029) 7.4. Asia Pacific Acrylate Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Acrylate Market (2021-2029) 8.1 Middle East and Africa Acrylate Market, by Application (2021-2029) 8.2. Middle East and Africa Acrylate Market, by Form (2021-2029) 8.3. Middle East and Africa Acrylate Market, by End-Use Industry (2021-2029) 8.4. Middle East and Africa Acrylate Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Acrylate Market (2021-2029) 9.1. South America Acrylate Market, by Application (2021-2029) 9.2. South America Acrylate Market, by Form (2021-2029) 9.3. South America Acrylate Market, by End-Use Industry (2021-2029) 9.4 South America Acrylate Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 BASF SE 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 The Dow Chemical Company 10.3 Arkema 10.4 Evonik Industries 10.5 SIBUR 10.6 NIPPON SHOKUBAI CO. LTD. 10.7 LG Chem 10.8 Formosa Petrochemical Corporation 10.9 SASOL Limited 10.10 Mitsubishi Chemical Corporation 10.11 The DOW Chemical Company 10.12 Air Liquide SA 10.13 Jiangsu Jurong Chemical Co., Ltd. 10.14 Loba Chemie Pvt.Ltd 10.15 Merck KgaA 10.16 Polysciences, Inc.