Press release
Butyl Acrylate Market Growth with CAGR of 5.3% and USD 9.8 Billion by 2031 | BY TMR
Butyl Acrylate Market
Butyl Acrylate Market is estimated to grow at a CAGR of 5.3% from 2023 to 2031 and reach US$ 9.8 Bn by the end of 2031.
Get A Free Sample Copy of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=48810
Market Overview
The global butyl acrylate market is growing steadily, driven by robust demand across key end-use industries such as construction, automotive, and packaging. With the increasing need for high-performance coatings, adhesives, and sealants, the market is witnessing sustained demand in both developed and emerging economies. Asia-Pacific dominates the market, with China and India serving as major production and consumption hubs. Europe and North America also hold significant market shares, fueled by advancements in construction and automotive industries.
Key Drivers of Growth
One of the primary drivers of the butyl acrylate market is its widespread application in water-based acrylic emulsions, which are used in environmentally friendly paints and coatings. As global environmental regulations tighten, manufacturers are shifting toward low-VOC (volatile organic compounds) products, increasing the demand for butyl acrylate.
The growth of the construction sector is another significant driver. Rising infrastructure development and urbanization in emerging economies have fueled the demand for paints, adhesives, and sealants, where butyl acrylate is a key raw material. Similarly, the automotive industry's need for high-quality coatings and adhesives contributes to the market's growth.
The expanding packaging industry, driven by the e-commerce boom, is also bolstering demand. Butyl acrylate-based adhesives and sealants are extensively used in packaging applications, ensuring durability and resistance to environmental factors.
Recent Trends
The butyl acrylate market is witnessing a shift toward sustainability, with manufacturers focusing on developing eco-friendly production processes. The use of renewable feedstocks and the implementation of energy-efficient manufacturing techniques are gaining traction.
Technological advancements in polymerization processes are enhancing the performance characteristics of butyl acrylate-based products. These innovations are particularly relevant in applications requiring superior flexibility, adhesion, and weather resistance.
The rising popularity of smart coatings, which offer functionalities such as self-healing, anti-corrosion, and UV protection, is creating new opportunities for butyl acrylate. These advanced coatings are increasingly adopted in construction, automotive, and electronics industries.
Top Companies:
Arkema
NIPPON SHOKUBAI CO., LTD.
Dow
LG Chem, Ltd.
Taogosei Co., Ltd.
Mitsubishi Chemical Corporation
BASF-YPC Company Limited
Formosa Plastics Corporation
Shenyang Chemical Co, Ltd.
Haihang Industry
Shanghai Huayi Acrylic Acid Co., Ltd
Wanhua
China National Offshore Oil Corporation
OSWAL UDHYOG
Visit our report to discover essential insights and analysis - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=48810
Challenges
The butyl acrylate market faces challenges, including fluctuating raw material prices, particularly propylene, a key feedstock. Volatility in crude oil prices can directly impact production costs, creating uncertainties for manufacturers.
Stringent environmental regulations on acrylic production and disposal are another hurdle. Compliance with these regulations often requires significant investment in sustainable technologies, which can increase operational costs.
Market competition from alternative materials and substitutes, such as vinyl acetate and styrene-based products, also poses a challenge. These alternatives offer similar performance characteristics at potentially lower costs, affecting market share for butyl acrylate.
Future Outlook
The butyl acrylate market is poised for growth, supported by increasing applications in emerging industries and a global focus on sustainability. Asia-Pacific is expected to remain the dominant region, driven by rapid industrialization and urbanization. Meanwhile, Europe and North America are likely to see steady growth, supported by advancements in green technologies and high-performance applications.
Innovations in acrylic polymerization and the development of eco-friendly production methods will play a critical role in shaping the market's future. As industries prioritize sustainability, the demand for butyl acrylate in low-VOC and high-performance products will continue to rise.
With a combination of strong demand, innovation, and a shift toward greener practices, the butyl acrylate market is expected to remain a vital component of the global chemical industry, catering to diverse applications across key sectors.
Market Segmentation
By Purity
High Purity
Common Purity
By Application
Paints & Coatings
Adhesives & Sealants
Chemical Synthesis
Plastic Additives
Textiles
Others (Paper & Pulp, Leather Processing etc.)
Regions
North America
Europe
Asia Pacific
Middle East & Africa
South America
Browse More Trending Research Reports:
Liquid & Bulk Transportation Vessels Market: https://www.globenewswire.com/news-release/2023/11/02/2771968/0/en/Liquid-Bulk-Transportation-Vessels-Market-Growth-with-CAGR-of-3-0-and-USD-1-1-Trillion-by-2031-BY-TMR.html
Composite Material Testing Market: https://www.globenewswire.com/news-release/2024/12/11/2995200/32656/en/Composite-Material-Testing-Market-Expected-to-Reach-US-3-4-Billion-by-2034-Driven-by-Increasing-Demand-for-Lightweight-Composite-Structures-TMR.html
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Butyl Acrylate Market Growth with CAGR of 5.3% and USD 9.8 Billion by 2031 | BY TMR here
News-ID: 3805325 • Views: …
More Releases from Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth.
Uncover essential discoveries and trends from…
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth.
Discover essential conclusions and data from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100
Analysts' Viewpoint
The Technetium‐99m…
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine…
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,…
More Releases for Butyl
Butyl Brilliance: Butyl Acetate Industry's Rise Projected in the Next Decade
The global butyl acetate market is poised for promising growth as the industry foresees a positive outlook in the coming years. A comprehensive market analysis report sheds light on the increasing demand for butyl acetate, driven by its versatile applications and excellent properties.
Butyl acetate, a solvent widely used in industries such as paints and coatings, adhesives, and cosmetics, is gaining significant traction. The report highlights the growing need for high-performance…
Butyl Rubber Market Top Key Players- Reliance Industries Ltd., ExxonMobil Chemic …
Zion Market Research published a new 110+ pages industry research “Butyl Rubber Market: Global Industry Analysis, Size, Share, Growth, Trends, 2015 to 2021” is exhaustively researched and analyzed in the report to help market players to improve their business tactics and ensure long-term success. The authors of the report have used easy-to-understand language and uncomplicated statistical images but provided thorough information and detailed data on the Global Butyl Rubber Market.…
Butyl Rubber Market Report 2018: Segmentation by Type (Regular Butyl Rubber, Chl …
Global Butyl Rubber market research report provides company profile for Sibur, Sinopec Beijing Yanshan, Zhejiang Cenway Synthetic New Material, Panjin Heyun Group, Formosa Synthetic Rubber (Ningbo), ExxonMobil, Lanxess, PJSC NizhneKamskneftekhim, JSR and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for…
Global Halogenated Butyl Rubber Market 2017 - ExxonMobil, Japan Butyl, Lanxess, …
The report studies Halogenated Butyl Rubber in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
Global Halogenated Butyl Rubber Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market…
Halogenated Butyl Rubber Market 2017- ExxonMobil, Lanxess, PJSC Nizhnekamsknefte …
MarketReports.biz, recently published a detailed market research study focused on the "Halogenated Butyl Rubber Market" across the global, regional and country level. The report provides 360° analysis of "Halogenated Butyl Rubber Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Halogenated Butyl Rubber industry, and estimates the future trend of Halogenated…
Global Halogenated Butyl Rubber Market-Japan Butyl, Lanxess, ExxonMobil, Zhejian …
Global Halogenated Butyl Rubber Market report 2017 is an in-depth research on the current situation of the Halogenated Butyl Rubber industry.
The Scope of the Halogenated Butyl Rubber research report:
The Global Halogenated Butyl Rubber Market primarily includes a basic overview of the Halogenated Butyl Rubber industry. It also includes Halogenated Butyl Rubber definitions, classifications and applications. It segments the market by applications, types, regions, competitive players and also analyzes Halogenated Butyl…
