Polyacrylate Market Demand Analysis with Leading Industry Players like: BASF SE, Arkema, Evonik Industries AG, Lucite International, LG Chem Ltd., DowDupont, and Kao Corporation during 2018 - 2026

Polyacrylate is a popular class of polymer that showcases significant characteristics as a resin material for formulation of many products. Some of the main properties of this compound include good impact elasticity & toughness, high transparency, and high resistance to heat. Polyacrylate is one of the most widely used class of polymers and is driven by its wide array of applications globally.

Paints & coatings is one of the largest applications for these polymers, where these are used in different types of coatings and currently have witnessed high demand on account of rapid growth of the water-borne coatings. Increasing construction spending’s in tandem with the rising per capita income of the consumers have resulted in tremendous growth of the paints & coatings industry.

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Polyacrylate Market is expected to grow from USD 1.32 billion in 2017 to USD 2.00 billion by 2026, at a CAGR of 4.7% according to a study published by Polaris Market Research.

Textiles and adhesives & sealants have largely contributed to the increased global consumption of the Polyacrylate Market. Due to their high strength, polyacrylate is used in oxidant-resist and and fast-setting adhesives. Such adhesives are largely employed in many end-use, especially in building & construction. Polyacrylate is also used in the formulation of dispersants, which are broadly used in fast-growing textile industry.

Competitive Landscape: -

Asia Pacific Polyacrylate Market has witnessed the highest consumption of the polyacrylates with China as the major contributor. Large end-use industries that have been witnessing significant year-on-year growth are the major driving factor for the polyacrylate market in this region. Increasing population, rapid urbanization, and rising disposable consumer income in many developing Asian countries has raised the demand for commodity products and their raw materials.

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The leading companies profiled in the Polyacrylate Market report includes: -

BASF SE
Arkema
Evonik Industries AG
Lucite International
LG Chem Ltd.
DowDupont
Kao Corporation.

The major restraint that the Polyacrylate Market has witnessed is threat of substitutes. This polymer has many other resin alternatives that instead can be used for the formulation of paint & coatings and dispersants. Moreover, latest technical developments and advancements in the material science of the substitutes is also expected to become a wider restraint for the market. Few of such resins include epoxy, alkyd resins, and polyurethane. These polymeric resins have witnessed higher growth on account of their superior properties.

TOC of Polyacrylate Market:

Chapter 1. Overview and Scope

Chapter 2. Market Summary

Chapter 3 Polyacrylate Market Size and Forecast

Chapter 4. Dynamics and Segmentation

Chapter 5. Detailed Insight on Key Company

Chapter 6. Research Methodology and Reference

Chapter 7. Competitive Landscape

TOC Continued…...!!!

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