North America ethylene butyl acrylate market to garner momentum through 2026: Global Market Insights, Inc

Global Market Insights, Inc., announces an ongoing comprehensive report on the "Ethylene Butyl Acrylate Market". This report provides an exhaustive account of the industry including:

o Ethylene butyl acrylate market size, historical from 2015 to 2019 and annual forecast from 2020 to 2026
o Major ethylene butyl acrylate industry trends, technology evolution, economic indicators and business challenges
o Regulatory and geopolitical trends impacting the industry
o Business drivers and pitfalls impacting key regional markets
o Competitive landscape of the industry and detailed profiles on the major companies

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Ethylene butyl acrylate (EBA) is a copolymer that consists of ethylene and butyl acrylate synthesized through high pressure radical polymerization. Its butyl acrylate content makes it suitable for applications that require flexibility, softness, and polarity. Common applications include coextrusion, extrusion coating, hot melt adhesives, and foams. The compound copolymer finds wide use in paints, coatings, leather finishing, textiles, high temperature resistant elastomers, and automotive products, which will positively influence future ethylene butyl acrylate market trends.

EBA copolymers are classified as ethylene ethyl acrylate (EEA), ethylene methyl acrylate (EMA), and 2- Ethyl Hexyl Acrylate based on type. Ethylene methyl acrylate is poised to witness a substantial demand in the upcoming years. EMA is prominently used in myriad industries to manufacture soft, elastic films with excellent handling properties without the need of additives. It is used to enhance the impact strength and reduce the modulus in alloys, compounds, or blends.

EMA has gained significant traction in applications such as polymer compounding modification, extrusion coatings, blow molding, food packaging films, disposable gloves, and hospital drapes. The ongoing COVID-19 pandemic has propelled the need for high-quality disposable gloves and hospital drapes significantly. Similar trends in the near future are likely to boost the product demand.

Plastics, packaging, textiles, leather, surface coatings, and paints and polymers are some of the major applications of EBA. The demand for EBA from plastics application is slated to grow notably in the near future. The compound is frequently added with other thermoplastics such as PE, PET, PVC, and PP to enhance their performance and processability. Prominent use of these thermoplastics in countless applications will undeniably bolster the industry outlook.

The novel coronavirus outbreak had resulted in a sudden pause in manufacturing activities around the world, impacting the demand for plastics as well as their production and processing. Some of the most critically impacted end-users of the plastics industry are automotive, transportation, construction, consumer goods, and electronics. These factors are likely to hinder EBA industry forecast to some extent.

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North America ethylene butyl acrylate industry is poised to witness consistent growth during the forecast period. This can be associated with an advanced and well-developed healthcare infrastructure in the region. In addition, the region is a leading manufacturer of automobiles. The presence of numerous leading automakers and growing production of autonomous and electric cars in the upcoming years is anticipated to boost the demand for automotive plastics.

The COVID-19 crisis has significantly increased the consumption of packaged foods and other consumer goods, which will foster the regional outlook. Some of the leading suppliers of ethylene butyl acrylate mentioned in the report include DuPont, ExxonMobil, Dow Chemical, Arkema, LyondellBasell, Jilin Petrochemical, LUCOBIT AG, Hebei Kaien Trading Co. Ltd., Dushine Ltd., Solventis, INEOS, and REPSOL, among several others.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Contact Person: Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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Email: sales@gminsights.com

This release was published on openPR.