Acrylic Monomer Market reached US$ 9.4 Billion in 2023 and is expected to reach US$ 15.6 Billion by 2031 - BASF SE, Arkema Group, Dow Inc.

Acrylic Monomer Market analysis, according to DataM Intelligence, offers more than just an overview; it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.

Will the Acrylic Monomer market emerge as the sector's next great thing? To discover the answer, look at the Acrylic Monomer market analysis and projections. In-depth insight of the opportunities, difficulties, and trends now impacting the landscape is provided by this market research study, empowering industry participants to make informed decisions in a changing environment. Take advantage of the opportunity in the Acrylic Monomer market! (2031)

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Global Acrylic Monomer Market reached US$ 9.4 Billion in 2023 and is expected to reach US$ 15.6 Billion by 2031, growing with a CAGR of 6.72% during the forecast period 2024-2031.

Acrylic monomers are chemical compounds that serve as building blocks in the synthesis of acrylic polymers, used in a wide range of products from paints to adhesives and plastics. These monomers, including methyl methacrylate (MMA), undergo polymerization to form durable, transparent, and weather-resistant materials. Acrylic monomers are highly versatile and contribute to products like acrylic sheets, coatings, and automotive parts. They are integral in industries such as construction, automotive, and cosmetics. The production process requires careful handling due to the reactivity of these monomers.

Key Players:

Profiles of some of the major players in the global Acrylic Monomer market, which include

BASF SE, Arkema Group, Dow Inc., Evonik Industries AG, Mitsubishi Chemical Corporation, Nippon Shokubai Co., Ltd., LG Chem, SABIC, Formosa Plastics Corporation and Mitsui Chemicals, Inc.

Industry Development:

✔ On August 18, 2021, Dow made a strategic investment in methyl acrylate manufacturing on the US Gulf Coast to enhance the reliability and availability of raw materials through increased, centralized production capacity. The new facility at the St. Charles Operations in Louisiana, USA, is set to produce methyl acrylate with a 50-kiloton nameplate capacity, which is expected to be operational by the first half of 2022. This expansion aims to support Dow's global growth, with a specific focus on meeting the rising demand in North America. The move underscores Dow's commitment to strengthening its manufacturing capabilities and supporting its customers with greater accessibility to key materials.

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 Acrylic Monomer 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 Product: Methyl Acrylate Monomers, Butyl Acrylate Monomers, Ethyl Acrylate Monomers, 2 Ethyl Hexyl Acrylate Monomers (2-EHA Monomers), Others.

✦ By Application: Plastic, Adhesives and Sealants, Synthetic Resins, Acrylic Fibers, Building Materials, Fabrics, Acrylic Rubber, Others.

✦ By End-User: Paints and Coatings, Building and Construction, Automotive, Consumer Goods, Packaging, Water Treatment, Marine, Aerospace, Others.

Regional Break out:

The global Acrylic Monomer Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ 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

Points Covered:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Acrylic Monomer market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Acrylic Monomer Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Acrylic Monomer market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Acrylic Monomer Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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FAQ's

Q.1. What are the primary drivers of the Acrylic Monomer Industry?

Q.2. What are the main factors propelling and impeding the growth of the Acrylic Monomer market?

Q.3. What are the general structure, risks, and opportunities of the market?

Q.4. How do the prices, revenue, and sales of the leading Acrylic Monomer market firms compare?

Q.5. What are the main segments of the market and how is it divided up?

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