Acrylate Monomer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029
Acrylate Monomer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029
Report Digest
Global Acrylate Monomer Market: Introduction
Acrylate monomers are salts or esters that come from an acrylic acid. Acrylate monomers are the building blocks used in the production of acrylate polymers which are based on structure of acrylic acid. Mainly acrylate monomers are derivatives of acrylic acid. Acrylate monomers are mainly esters which contain vinyl groups. Acrylate monomers are synthesized through direct esterification of alcohols or polyols, the esterification process is carried in the presence of acrylic acid or methaacrylic acid. Acrylate monomers are generally flammable and have pungent odor. Acrylate monomers have high durability, high flexibility, gloss and high UV resistance. Acrylate monomers also offer toughness, clarity, chemical & moisture resistance and light & weather resistance Acrylate monomers are available in different types such as methyl acrylate, butyl acrylate, ethyl acrylate, 2-ethyl hexyl acrylate etc. Acrylate monomers are widely used in coatings, especially in water based coating formulation. Mainly acrylate monomers are used for producing acrylate polymers which are widely used in adhesives, cosmetics and paints & coatings. Besides it acrylate monomers find their applications in various industries such as paints & coatings, adhesives & sealants, printing inks and plastic & polymers among others. Acrylate monomers are toxic and are highly reactive.
Global Acrylate Monomer Market: Dynamics
Increasing consumption of paints & coatings is estimated as a primary driving factor responsible for the growth of acrylate monomer market. Growth in the urban population has given rise to construction activities in developing countries. Increasing construction activities has elevated the demand for architectural as well as decorative paints & coatings. Also, growing industrialization has up surged the demand for industrial coatings. The aforementioned factors have increased the consumption of paints & coatings, which in turn is bolstering the growth of global acrylate monomer market. Rising number of environmental regulations over VOC emissions especially related to solvent borne coatings has increased the demand for water-based coatings, which is expected to have positive impact on the market growth. Rising industrial activities and growth in automotive production has boosted the demand for adhesives & sealants which in turn is expected positively influence the market growth. The demand for printing ink is estimated up rise owing to the growth in packaging industry, thus rise in consumption of printing inks is expected to propel the demand for acrylate monomers. Textile industry growth is also expected to create positive outlook for acrylate monomer market. However the toxicity and hazards associated with acrylate monomers is anticipated to act as restraining factor for the market growth.
Global Acrylate Monomer Market: Segmentation
The global acrylate monomer market is segmented on the basis of its product type and application
The global acrylate monomer market is segmented on the basis of its product type:
- Methyl Acrylate Monomer
- Butyl Acrylate Monomer
- 2-Ethyl Hexyl Acrylate Monomer
- Ethyl Acrylate Monomer
- Methacrylates
- TMPTA
The global acrylate monomer market is segmented on the basis of its application:
- Paints & Coatings
- Plastic & Polymers
- Printing Inks
- Adhesives & Sealants
- Caulks
- Textile & paper finishes
Global Acrylate Monomer Market: Regional Outlook
Increase in population, rising urbanization and increased spending capabilities has increased the number of construction activities in Asia Pacific region, especially in countries such as India and China. Growth in building & construction activities has up surged the consumption of paints & coatings in the region. Industries such as textile, adhesives, polymer and printing inks are also growing in Asia Pacific region. Owing to the aforementioned factors Asia Pacific can be attributed as prominent market for acrylate monomer market. In the regions such as Europe and North America there shifting preference towards the adoption of water-based coatings owing to the rising number stringent environmental regulations. The predominance of paints & coatings makes Europe & North America a substantial market for acrylate monomer. Regions such as Latin America and Middle East & Africa can be considered as promising market for acrylate owing to the industrial growth and rise in construction activities.
Global Acrylate Monomer Market: Key Participants
Examples of some of the market participants operating in the global Acrylate Monomer market are:
BASF SE, Arkema Group, Dow Inc., LG Chem, Evonik Industries AG, Hexion Corporation, ExxonMobil, Kuraray Co. Ltd., Nippon Shokubai Co., Ltd., Mitsubishi Chemicals, New Japan Chemical Co. Ltd and Hitachi Chemical Co. Ltd among others.
The Acrylate monomer market research report presents a comprehensive assessment of the Acrylate monomer market and contains thoughtful insights, facts, and historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Acrylate monomer market research report provides analysis and information according to Acrylate monomer market segments such as geographies, application and industry.
The report covers exhaustive analysis on,
- Acrylate monomer Market Segments
- Acrylate monomer Market Dynamics
- Acrylate monomer Market Size
- Acrylate monomer Supply & Demand Scenario
- Current Trends/Issues/Challenges in Acrylate monomer market
- Competition & Companies involved in Acrylate monomer market
- Technology used in Acrylate monomer Market
- Value Chain of Acrylate monomer Market
The Acrylate monomer Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with Acrylate monomer market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Acrylate monomer market segments and geographies.
Report Highlights:
- Detailed overview of parent market
- Changing Acrylate monomer market dynamics in the industry
- In-depth Acrylate monomer market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape in Acrylate monomer market
- Strategies of key players and products offered in Acrylate monomer market
- Potential and niche segments, geographical regions exhibiting promising
The study presents a granular assessment and quantitative evaluation of:
- Key growth factors and prominent trends
- Size and share of key segments in overall market
- Key challenges and winning imperatives
- Factors shaping competitive landscape
- Insights into how contours of market will change in coming years
- Technological advances
- New avenues and imminent investment pockets
- Regulatory landscape shaping current and future strategies of companies
The region-wise assessment includes market dynamics in:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
- Which key factors will shape the competitive landscape?
- Which trends will stimulate research and development activities in different geographies?
- Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
- Which disruptions in market growth are likely to come with the new business models?
- Which are some of the recent overhauls in policies that may change the course of the market significantly?
- Which are the geographies that will form sizable sources of new streams to new and established players alike?
- How are top players likely to realign their strategy to counter the forces of competition?
- Which key strategies emerging players are likely to focus on to consolidate their position?
- Which changes in end-user preferences might affect the status quo held by the leading players?
- Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report