Acrylate Market by Form (Butyl Acrylate, Ethyl Acrylate, 2- Ethyl Hexyl Acrylate, and Methyl Acrylate), by Application (Paints & Coatings, Plastics, Adhesives, Fabrics), by End-Use Industry (Packaging, Consumer Goods, Building & Construction, Textiles, Automotive), by Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) – Global Forecast 2020 to 2027

Acrylate Market - Global Industry Analysis and Forecast 2020 to 2027

Acrylate Market: Summary

The Global Acrylate Market is projected to reach a value of over USD 12.3 billion by 2027 at a CAGR of around 5.2%.

Acrylate is esters, salts and conjugate base of acrylic acid and its derivatives. A large part of this chemical compound is employed as a filler to obtain acrylate ester. Acrylates contain vinyl groups directly attached to the carbonyl carbon. These monomers are of interest because they are bifunctional.  The vinylgroup is susceptible to polymerization and the carboxylate group carries myriad functionality. Acrylates is a monomer in polymer plastics, forming the acrylate polymers. Acrylates easily form polymers.

Acrylate Market

Acrylate Market: Drivers & Opportunities

Market Driver:

  • Increasing Use of Acrylates in Adhesives

Acrylate adhesives provide excellent environmental resistance and fast-setting times when compared to other resins systems. They are created by polymerizing acrylic or methyl acrylic acids through a reaction with a suitable catalyst. acrylate adhesives cure through a free radical mechanism. While they are usually supplied in a two-component form, they do not typically require mixing. The catalyst, accelerator, or hardener can be applied to one surface and the acrylic resin to the other surface. Acrylate adhesives are used in construction, automotive and many other applications. Thus, the growing demand for acrylate adhesives is likely to drive the global acrylate market during the assessment period.

Market Opportunities:

  • Emerging Commercialization of Bio-Based Acrylic Acid

The bio-based acrylic acid is used as a raw material for the production of paints and coatings, due to the rapidly increasing pressure from consumers and regulatory authorities, to reduce the environmental impact caused by the increasing usage of synthetic products. Moreover, increasing demand for bio-based superabsorbent polymers and rising demand for bio-based polymer in healthcare applications is also likely to drive the demand for bio-based acrylic acid. The growing interest in newer renewable technologies is driven by - the need to meet well-defined sustainability agendas and improved coating performance, which can be obtained by the usage of bio-based raw materials, like bio-acrylic acid. Thus, the emerging commercialization of bio-based acrylic acid in the various application is likely to create a new market opportunity for manufacturers acrylate.

Acrylate Market: Key Segments

  • Segmentation based on from: Butyl Acrylate, Ethyl Acrylate, 2- Ethyl Hexyl Acrylate, and Methyl Acrylate
  • Segmentation based on application: Paints & Coatings, Plastics, Adhesives, Fabrics, and Others
  • Segmentation based on end-use industry: Packaging, Consumer Goods, Building & Construction, Textiles, Automotive, and Other
  • Segmentation based on region covers: North America, Asia-Pacific, Europe, Middle East & Africa and South America, with individual country-level analysis.

Acrylate Market: Report Scope

The report on the Acrylate market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million) and Volume (Kiloton)

Segments Included

Type, Application, End-use Industry, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • BASF SE (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Arkema SA
  • DOW
  • Evonik Industries
  • Nippon Shokubai Co., Ltd.
  • Sibur
  • LG Chem.
  • Limited
  • Formosa Plastics Corporation
  • Mitsubishi Chemical Corporation
  • Air Liquide
  • Synthomer
  • Polysciences Inc.
  • Saudi Acrylic Monomer Company Limited
  • Shanghai Huayi Acrylic Acid Co., Ltd.
  •  Shenyang Chemical Co Ltd
  •  TCI America
  •  Taixing Jurong Chemical Co., Ltd.
  •  Toagosei Co., Ltd
  • Other Key Companies

Acrylate Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Acrylate Market, by Form

  • Butyl Acrylate
  • Ethyl Acrylate
  • 2- Ethyl Hexyl Acrylate
  • Methyl Acrylate

Acrylate Market, by Application

  • Paints & Coatings
  • Plastics
  • Adhesives
  • Fabrics
  • Others

Acrylate Market, by End-Use Industry

  • Packaging
  • Consumer Goods
  • Building & Construction
  • Textiles
  • Automotive
  • Others

Acrylate Market, by Region

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Acrylate Market Providers
  • Acrylate Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Acrylate Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE ACRYLATE MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Use of Acrylates in Adhesives
      2. High Demand of Acrylates in Paints
    3. Restraint
      1. Environmental and Health Hazards
    4. Opportunities
      1. Emerging Commercialization of Bio-Based Acrylic Acid
    5. Challenges
      1. Volatility in Raw Material Prices
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Macro-Economic Indicators
  6. GLOBAL ACRYLATE MARKET BY FORM, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Butyl Acrylate
    3. Ethyl Acrylate
    4. 2- Ethyl Hexyl Acrylate
    5. Methyl Acrylate
  7. GLOBAL ACRYLATE MARKET BY APPLICATION, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Paints & Coatings
    3. Plastics
    4. Adhesives
    5. Fabrics
    6. Others
  8. GLOBAL ACRYLATE MARKET BY END-USE INDUSTRY, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. Introduction
    2. Packaging
    3. Consumer Goods
    4. Building & Construction
    5. Textiles
    6. Automotive
    7. Others
  9. GLOBAL ACRYLATE MARKET BY REGION, Market Size in USD Million and Volume in Kiloton (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of Asia-Pacific
    3. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  10. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  11. COMPANY PROFILES
    1. BASF SE           
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Arkema SA
    3. DOW
    4. Evonik Industries
    5. Nippon Shokubai Co., Ltd.
    6. Sibur
    7. LG Chem.
    8. Limited
    9. Formosa Plastics Corporation
    10. Mitsubishi Chemical Corporation
    11. Air Liquide
    12. Synthomer
    13. Polysciences Inc.
    14. Saudi Acrylic Monomer Company Limited
    15. Shanghai Huayi Acrylic Acid Co., Ltd.
    16.  Shenyang Chemical Co Ltd
    17.  TCI America
    18.  Taixing Jurong Chemical Co., Ltd.
    19.  Toagosei Co., Ltd.
    20. Other Key Companies
  12. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : CM 0135

Published : August, 2020


Related Reports






LET’S GET STARTED

Ready To Make a Real Change?