Increasing Demand for Acrylic Esters in Adhesives & Sealants Driving Acrylates Market

Advantages of acrylic emulsions such as short drying time, color fastness, and resistance to fading and wear have led to the growing preference for acrylic emulsions over oil-based formulations. Furthermore, the shift in the acrylates market is driven by government regulations and health concerns, such as neurological and cellular damage, associated with oil-based emulsions.

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China was the largest acrylates market in 2018, owing to the high demand for acrylates in architectural coatings, automotive original equipment manufacturer (OEM) coatings, and special-purpose construction coatings. The country has high-volume integrated manufacturing capabilities, due to low-cost raw material and labor. This, coupled with the high downstream demand, leads to the heavy usage of acrylates in the country.

The global construction sector is witnessing growth, owing to the increasing population and urbanization rate, which are leading to a surge in infrastructure investments for the construction of high-rise buildings and renovation and refurbishment activities. This is raising the demand for acrylate-based paints & coatings, owing to their high durability, stability at extreme temperatures, and zero concentration of volatile organic compounds (VOC), thereby driving the acrylates market.

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Acrylates Market Segmentation

Market Segmentation by Type
Butyl Acrylate
2-Ethylhexyl Acrylate
Ethyl Acrylate
Methyl Acrylate

Market Segmentation by Application
Paints & Coatings
Adhesives & Sealants
Textile Chemicals
Acrylic Fibers
Leather Chemicals
Others

Market Segmentation by Region

North America Acrylates Market
By type
By application
By country - U.S. and Canada
Europe Acrylates Market
By type
By application
By country - Germany, Italy, Netherlands, France, and Rest of Europe

Asia-Pacific (APAC) Acrylates Market
By type
By application
By country - China, India, Japan, South Korea, and Rest of APAC

Latin America (LATAM) Acrylates Market
By type
By application
By country - Brazil, Mexico, and Rest of LATAM

Middle East and Africa (MEA) Acrylates Market
By type
By application
By country - Saudi Arabia, Turkey, and Rest of MEA

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This release was published on openPR.