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Acrylate Ester Market worth $17.59 billion by 2030, growing at a CAGR of 6.19% - Exclusive Report by 360iResearch
Acrylate Ester Market | 360iResearch
The Global Acrylate Ester Market to grow from USD 11.55 billion in 2023 to USD 17.59 billion by 2030, at a CAGR of 6.19%.
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Acrylate esters are a group of chemical compounds derived from acrylic acid. They include a wide range of monomers, such as methyl acrylate, ethyl acrylate, butyl acrylate, and 2-ethylhexyl acrylate, which are commonly used in the formulation of polymers and copolymers. These esters are characterized by their excellent weathering properties, clarity, resistance to breakage, and flexibility. They are pivotal in producing paints, coatings, adhesives, textiles, plastics, and rubber products. The primary drivers include the rapid growth in adhesives and sealant applications and the increasing demand for acrylic fibers in textiles. Additionally, the surge in demand for superabsorbent polymers, prevalent in personal care products, accelerates its adoption. Changes in raw material prices and stringent environmental regulations pertaining to the emission of volatile organic compounds (VOCs) from acrylate esters are significant restraints. One of the key challenges is the development of bio-based and sustainable alternatives owing to the increasing environmental concerns. Technological advancements leading to improved product functionalities, exploring renewable raw materials, enhancing production processes to reduce environmental footprint, and expanding into emerging economies present significant growth opportunities due to their industrialization and economic development trends.
Market Segmentation & Coverage:
This research report categorizes the Acrylate Ester Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across 2-Ethylhexyl Acrylate, Butyl Acrylate, Ethyl Acrylate, and Methyl Acrylate. The Ethyl Acrylate is projected to witness significant market share during forecast period.
Based on Application, market is studied across Adhesives & Sealants, Detergents, Plastic Additives, Surface Coatings, and Textiles. The Detergents is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Acrylate Ester Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Acrylate Ester Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Acrylate Ester Market, highlighting leading vendors and their innovative profiles. These include Arkema S.A., BASF SE, China Petroleum & Chemical Corporation, Evonik Industries AG, Formosa Petrochemical Corporation, Hexion Inc., Konoshima Chemical Co., Ltd, LG Chem Ltd., Lubrizol Corporation, Merck KGaA, Mitsubishi Chemical Holdings Corporation, Momentive Specialty Chemicals Inc., Nippon Shokubai Co. Ltd., PTTGC Innovation America Corporation, Sasol Limited, Saudi Acrylic Monomer Company Limited, Shanghai Huayi Acrylic Acid Co. Ltd, Showa Denko Materials Co., Ltd., SIBUR Holding PJSC, StoHaas Monomer GmbH & Co KG, SunVic Chemical Holdings Limited, The Dow Chemical Company, and VWR International.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Acrylate Ester Market, by Type
7. Acrylate Ester Market, by Application
8. Americas Acrylate Ester Market
9. Asia-Pacific Acrylate Ester Market
10. Europe, Middle East & Africa Acrylate Ester Market
11. Competitive Landscape
12. Competitive Portfolio
13. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Acrylate Ester Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Acrylate Ester Market?
3. What is the competitive strategic window for opportunities in the Acrylate Ester Market?
4. What are the technology trends and regulatory frameworks in the Acrylate Ester Market?
5. What is the market share of the leading vendors in the Acrylate Ester Market?
6. What modes and strategic moves are considered suitable for entering the Acrylate Ester Market?
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About 360iResearch
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