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Global Acrylic Ester Market Business Opportunities, Size, Industry Share, Growth, Trends and Forecast to 2026
Businesses can attain unparalleled and comprehensive insights along with the best acquaintance of the emerging market opportunities with this Global Acrylic Ester Market research report. By understanding client’s requirements precisely, this report brings together business and product information for the sustainable growth in the market. This report is structured with the meticulous efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters. Two of the major tools of market analysis employed are SWOT analysis and Porter's Five Forces Analysis. The large scale Global Acrylic Ester Market report is generated with a nice combination of advanced industry insights, practical solutions, talent solutions and the use of latest technology which gives an excellent user experience.
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Market Definition: Global Acrylic Ester Market
Acrylic esters are acrylic acid based polymers which are used in water-based coating solutions. It has replaced solvent based paints and sealants. High thermal stability and oil resistance are key features of acrylic esters. There is a growing demand for acrylic ester in surface coatings, adhesives & sealants, plastic additives and textiles industrial activity, which is expected to be one of the major drivers of the market over the next seven years.
Market Analysis: Global Acrylic Ester Market
Global acrylic ester market is estimated to reach USD 14.30 billion by 2026 with a substantial CAGR of 6.5% in the forecast period of 2019-2026. This rise in market value can be attributed due to wide range of acrylates, increase in demand of coatings and water based coatings.
Market Drivers:
High demand of coatings in construction sector
Increasing demand of butyl acrylate in coating and paints industry
Increasing demand of water-based coatings
Market Restraints:
Fluctuations in prices of acrylic ester
Health effects of acrylic ester
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Competitive Analysis: Global Acrylic Ester Market
Global acrylic ester market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of acrylic ester market for Global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Acrylic Ester Market
Few of the major competitors currently working in the global acrylic ester market are Arkema SA, BASF SE, LG Chem, Evonik Industries AG, Mitsubishi Chemical Holdings Corporation, Momentive Speciality Chemicals Inc. (U.S), Sibur , Nippon Shokubai Co. Ltd, Sasol Ltd, The Dow Chemical Company, The Lubrizol Corporation, Myriant Corporation, Sunvic Chemical, Hexion Inc., Parchem fine and speciality chemicals, Arkema, Paari chem resouces LLP, Basic Acrylic Monomer Manufacturers Inc (BAMM) and others
Key Developments in the Market:
In August 2011, Sibur acquired the JSC acrylate completely. According to Sibur, This acquisition will help in development of acrylic market in Russia and CIS.
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Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key Market players involved in this industry
Detailed analysis of the Market Segmentation
Competitive analysis of the key players involved
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