Press release
Uncover Lucrative Opportunities in the Butyl Acrylate Market: Reveals 5.1% CAGR and Forecast period of 2022 to 2029
"Unlock the Potential of the Booming Butyl Acrylate Market: Global Insights and Future Projections Await!"
Butyl Acrylate market research report involves major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. This market report proves to be an outstanding resource that provides current as well as upcoming technical and financial details of the industry to 2029. The verified and advanced tools such as SWOT analysis and Porter's Five Forces Analysis are used watchfully while structuring this market research report. By understanding the need of following certain steps to collect, record, and analyse market data, Butyl Acrylate market report has been prepared.
Global Butyl Acrylate Market was valued at USD 3,356.74 million in 2021 and is expected to reach USD 4997.35 million by 2029, registering a CAGR of 5.1% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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Market Overview:
Butyl acrylate is known to be a foremost type of acrylic esters, which is extensively prevalent for its hardness, sturdiness, high temperature resistance and high strength. It is mainly used for manufacturing thermoplastic compounds. Butyl acrylate is perfect for surface coating applications. Butyl acrylate is produced from ester grade acrylic acid, which is also known as glacial acrylic acid (GAA), with a small amount of n-butanol at high temperatures, at a yield of 94% to 95%. The production of butyl acrylate is generally integrated to an acrylic acid facility.
Some of the major players operating in the butyl acrylate market are:
• BASF SE (Germany)
• Arkema (France)
• Dow (U.S.)
• Evonik Industries AG (Germany)
• NIPPON SHOKUBAI CO. LTD. (Japan)
• SIBUR (Russia)
• LG Chem (South Korea)
• SASOL Limited (South Africa)
• Formosa Petrochemical Corporation (Taiwan)
• Mitsubishi Chemical Holdings Corporation (Japan)
• WANHUA Chemical Group Co. Ltd. (China)
• Shanghai Huayi Acrylic Acid Co. Ltd. (China)
• HAIHANG Industry (China)
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