Acrylic acid and esters are versatile monomers used as building blocks for thousands of polymer formulations. They are flammable, reactive, volatile liquids based on an alpha-, beta-unsaturated carboxyl structure. Incorporation of varying percentages of acrylate monomers permits the production of many formulations for latex and solution copolymers, copolymer plastics and cross-linkable polymer systems.
Global Acrylic Ester Market is projected to grow at a CAGR of 6.1% during the forecast to 2024 WIth Top Players like Arkema SA, BASF SE, Sibur Holding, Evonik Industries, Hexion, LG Chem, Mitsubishi Chemical Holdings Corporation, Nippon Shokubai Co. Ltd., Sasol Ltd., The Dow Chemical Company, Momentive Specialty Chemicals Inc., Sahara PCC, CPJ Technologies and many more.
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The acrylic ester market report deals with bountiful of important market related aspects which are; market size estimations, company and market best practices, entry level strategies, market dynamics, positioning, segmentations, competitive landscaping and benchmarking, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, and in-depth benchmarking of vendor offerings.
Key Developments in the Market:
- In August 2011, Sibur acquired the JSC acrylate completely. According to Sibur, This acquisition will help in development of acrylic market in Russia and CIS.
Competitive Analysis: The global acrylic ester market is fragmented with the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Global Acrylic Ester Market By Type (Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-Ethyl Hexyl Acrylate, Others) By Application (Surface Coatings, Adhesives & Sealants, Plastic Additives, Textiles, Others) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Major Market Drivers:
- High demand of coatings in construction sector
- Increasing demand of water-based coatings
- Expansions of butyl acrylates in China
- High fluctuations in raw material prices
- Health hazards by acrylic Easter
Table of Contents
Market Overview and Industry Trends
Global Acrylic Ester Market, By Type
Global Acrylic Ester Market, By Organization Size
Global Acrylic Ester Market Analysis, By Region
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The acrylic ester market is segmented on the basis of type into methyl acrylate, ethyl acrylate, butyl acrylate, 2-ethyl hexyl acrylate and others.
On the basis of application, the market is segmented into surface coatings, adhesives & sealants, plastic additives, textiles and others.
On the basis of geography, the acrylic ester market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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