Ethyl Acrylate Market Size, Share, Trends & Forecast - 2024-2031 - BASF SE, DOW Chemical Company, Evonik Industries.

Ethyl Acrylate Market Research Report By DataM Intelligence: A comprehensive analysis of current and emerging trends provides clarity on the dynamics of the Ethyl Acrylate market. The report employs Porter's Five Forces model to assess key factors such as the influence of suppliers and customers, risks posed by different entities, competitive intensity, and the potential of emerging entrepreneurs, offering valuable insights. Additionally, the report presents research data from various companies, including their benefits, gross margins, and strategic decisions in the global market, all conveyed through tables, charts, and infographics.

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What is the projected growth rate (CAGR) of the Global Ethyl Acrylate market from 2024 to 2031, and what is the market value expected to change by 2031?

Ethyl Acrylate Market is valued at at a significant CAGR during the forecast period (2024-2031).

What is Ethyl Acrylate Market?

Ethyl acrylate is a colorless liquid organic compound classified as an ester of acrylic acid and ethanol. It is primarily used as a key monomer in the production of various polymers and copolymers, which are utilized in coatings, adhesives, paints, and textiles. Ethyl acrylate is known for its excellent adhesion, flexibility, and resistance to UV light, making it suitable for applications requiring durability and longevity. Additionally, it plays a role in the synthesis of superabsorbent polymers, used in products like diapers and adult incontinence products. Safety measures should be observed when handling ethyl acrylate, as it can be irritating to the skin and eyes, and its vapors may be harmful if inhaled.

Key Players:

Profiles of some of the major players in the global Ethyl Acrylate market, which include :

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.

Industry Development:

On August 5, 2021, BASF and SINOPEC announced an extension of their Verbund site in Nanjing, China, managed by their joint venture BASF-YPC Co., Ltd. This expansion aims to enhance their capacity to meet the growing demand in the Chinese market. As part of this initiative, several downstream chemical facilities will undergo capacity expansions, including the ethyl acrylate facility. This strategic move reflects both companies' commitment to increasing production capabilities and strengthening their presence in the rapidly expanding chemical sector in China.

The purpose of the report is to offer a comprehensive analysis of the market, along with insightful conclusions, statistical data, historical information, market data that has been confirmed by the industry, and predictions based on a sound methodology. By identifying and examining market segments and forecasting global market size, the study also contributes to understanding the dynamics and structure of the global Ethyl Acrylate market.

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Market Segments:

The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviours.

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

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

Regional Break out:

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

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➧ Gain deep insights into market dynamics, trends, and opportunities to stay ahead in a competitive landscape.

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