Ethyl Acrylate Market Trends And Growth Opportunities In 2024: BASF SE, DOW Chemical Company, Evonik Industries.

The Global Ethyl Acrylate Market is projected to reach a CAGR of 6.41% during the forecast period (2024-2031).

A comprehensive examination of statistical data concerning current and emerging trends provides insight into the dynamics of the ethyl acrylate market 2024-2031. The report employs Porter's Five Forces framework to assess the significance of different aspects, including supplier and customer understanding, risks from various stakeholders, competitive intensity, and potential newcomers.

Additionally, it encompasses research findings on various companies, including their benefits, gross margins, strategic choices in the global market, and more, presented through tables, charts, and info graphics, thus serving as a valuable resource.

Ethyl acrylate plays a vital role in the production of various adhesives and sealants, including hot melts, pressure-sensitive adhesives, and emulsion polymers.

Its chemical formula is CH₂=CHCOOR, and it appears as an odorless liquid with a strong, unpleasant odor. Ethyl acrylate is miscible with most organic solvents and water. It is produced by esterifying acrylic acid or by mixing ethanol with vinyl acetate. This monomer's versatility makes it valuable in the manufacture of plastics, adhesives, paints, and textile coatings.

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Key Players:

BASF SE, DOW Chemical Company, Evonik Industries, Formosa Plastics Corporation, Merck Millipore, Mitsubishi Chemical Corporation, Nippon Shokubai Co., Ltd Polysciences, Inc, Saudi Acrylic Monomer Company Limited and Synthomer.

Our expert team consistently collects and analyzes updated data on the business processes of key market players. This information is essential for developing future strategies and forecasting market trends.

Key Developments:

• On October 18, 2018, BASF SE announced a force majeure regarding the production of acrylate esters at its Ludwigshafen facility in Germany due to critically low water levels on the River Rhine.

• Subsequently, on August 5, 2021, BASF and SINOPEC expanded their Verbund site in Nanjing, China. This site, operated by BASF-YPC Co., Ltd. as a 50/50 joint venture, will enhance the capacity of several downstream chemical facilities, including the ethyl acrylate facility, to meet the growing demands of the Chinese market.

• Furthermore, on August 18, 2021, Dow announced its investment in ethyl acrylate manufacturing on the US Gulf Coast. This initiative aims to improve reliability and accessibility to raw materials by increasing centralized capacity. The Deer Park Operations in Texas will fully support ethyl acrylate production and is equipped to meet current customer demand.

**Note: The full version of the report includes an in-depth analysis of emerging players and startups, providing valuable insights into the evolving market landscape and key strategies being adopted.**

Market Segments:

The ethyl acrylate market is segmented

By Application: Adhesives and Sealants, Surface coatings, Detergents, Plastic Additives.

By End-User: Paints and Coatings, Leather, Textiles industry, Packaging, Paper.

Regional Analysis for ethyl acrylate Market:
The market undergoes regional analysis across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, France, Spain, and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, Australia, Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Rest of South America)
⇥ Middle East & Africa

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Frequently Asked Questions:

⇥ What are the global sales value, production value, consumption value, and import and export figures for the ethyl acrylate market?

⇥ Who are the key global manufacturers in the ethyl acrylate industry, and what is their current operational status in terms of capacity, production, sales, pricing, costs, gross profit, and revenue?

⇥ What opportunities and threats do vendors in the global ethyl acrylate industry face?

⇥ Which product types or applications are likely to experience incremental growth opportunities? What is the market share for each type and application?

⇥ What factors are driving and constraining the ethyl acrylate market's growth?

⇥ What are the various sales, marketing, and distribution channels utilized within the global industry?

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