Isononyl Acrylate Market is expected to be worth US$12.3 mn by the end of 2024
Browse Market Research Report: http://www.transparencymarketresearch.com/isononyl-acrylate-market.html
According to the research report, the global isononyl acrylate market is expected to be worth US$12.3 mn by the end of 2024 from US$10 mn in 2015. Between the forecast years of 2016 and 2024, the global market is expected to rise at a CAGR of 2.4%.
Asia Pacific to Lead Global Market with a Share of 85% by 2024
On the basis of application, the global isononyl acrylate is segmented into adhesives and sealants and paints and coatings. Out of the two, the adhesives and sealants segment is estimated to show phenomenal progress as this application segment is projected to acquire a share of 96.5% in the global market by the end of 2024. The increasing uptake of pressure-sensitive tapes is expected to drive the progress of this segment in the coming years.
In terms of geography, the global market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Out of all the regions, Asia Pacific is expected to dominate the global market as the regional market is slated to acquire a share of 85.0% by the end of 2024.The rising development of pressure-sensitive adhesive tables in the region are expected to drive this regional market in the coming years.
Get TOC Of This Report @ http://www.transparencymarketresearch.com/report-toc/6038
Developments in Adhesive Industry Direct Market’s Trajectory in a Positive Way
The radical transformation of the global adhesives and sealants industry that has boosted its performance has had an unwavering impact on the overall isononyl acrylate market. Thus, as the global adhesives and sealants industry grow at a rapid pace, it is expected to propel the global adhesive tapes industry, thereby augmenting the demand for isononyl acrylate. The report states that the rising complexity of various products manufactured by the adhesives industry is also expected to boost the global market. The overall adhesives industry is estimated to benefit from the increasing need for disposable packaging, demand for medical products, and hybrid joining techniques for lightweight structures. The technological advancements in the adhesives technology is also expected to offer lucrative opportunities to the uptake of isononyl acrylate in the near future.
Get accurate market forecast and analysis on the Isononyl Acrylate market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6038
The changing market dynamics of paints and coatings industry is also expected to make a significant difference to the rising revenue of the global isononyl acrylate market. The growing demand for enhanced paints and coatings in end-use industries such as automotive, construction, marine, and plastics is expected to play a key role in determining the rising usage of isononyl acrylate. “The rise in the demand for specialty paints is also held responsible for the rising consumption of isononyl acrylate,” states the lead author of this research report.
High Cost of Development Restrains Market Growth
The complex process of manufacturing isononyl acrylate takes about 16-18 weeks. Furthermore, the straight-chain alcohols required for making isononyl acrylate are extremely expensive. Collectively, these factors have resulted in the high cost of production and long lead time, thereby hampering the growth of the overall market. The availability of low-cost substitutes is also expected to restrain the rise of the market in the near future.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Isononyl Acrylate Market is expected to be worth US$12.3 mn by the end of 2024 here
News-ID: 706803 • Views: 287
More Releases from Transparency Market Research
Wind Turbine Operations and Maintenance Market Demand and Growth Analysis with F …
Overview TMR’s report on the Wind Turbine Operations and Maintenance Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Wind Turbine Operations and Maintenance Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Wind
Petroleum Coke Market Shares, Strategies and Opportunities 2020
Overview TMR’s report on the Petroleum Coke Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Petroleum Coke Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Petroleum Coke Market over the forecast period.
Bunker Fuel Market Segmentation and Forecast Analysis up to 2020
Overview TMR’s report on the Bunker Fuel Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Bunker Fuel Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Bunker Fuel Market over the forecast period.
Concentrated Solar Power Market Detailed Analysis and Forecast up to 2020
Overview TMR’s report on the Concentrated Solar Power Market is an all-important tool for stakeholders in their pursuit to discover avenues for innovation, and further undertake strategic planning for the launch of products and services. Our research report on the Concentrated Solar Power Market serves as a valuable guide for stakeholders. The report deep dives into demand drivers, challenges, and opportunities that are likely to influence the Concentrated Solar Power Market over
More Releases for US$12
Clutch Market | Globally Worth US$ 12 Bn by 2026
This report analyzes and forecasts the market for automotive clutch at the global and regional level. The market has been forecast, based on revenue (US$ Mn) and volume (million units), from 2018 to 2026. The study includes drivers and restraints of the Global Clutch Market for automotive. It also covers the impact of these drivers and restraints on the demand for automotive clutch during the forecast period. The report also
Mineral Salt Ingredients Market Worth US$ 12 Bn in 2026
Owing to increasing awareness regarding health issues associated with less intake of essential nutrients, the demand for mineral salt ingredients is expected to rise steadily in the coming period. Not only consumption, but scope of mineral salt ingredients is also expected to reach cosmetic industry, agriculture, pharmaceuticals and infant formula, to name a few application areas. Persistence Market Research has come up with an extensive revised research report on global mineral salt
Iv Equipment Market to Exceed US$ 12 Bn in 2022
Rising cases of needle stick injuries, the shift in demand towards ambulatory surgical centers and fusion pumps, and a greater number of surgical procedures performed are poised to benefit the IV equipment market. Furthermore, a prevalence of chronic diseases in an ageing population in developed nations are positive signs for the IV equipment market. However, lack of wireless connectivity, regulatory mandates for new product launches and increasing cases of medication errors
K-12 Technology Spend in the US 2015-2019
"K-12 Technology Spend in the US 2015-2019" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- -- About K-12 technology spending Technology driven education system comprises information, resources, and professional development opportunities to support schools in imparting education to the students in a digitally rich environment. The primary objective of technology in education is to transform traditional teaching methodologies to enhance learning and improve the
By 2025, Home Security Solutions Market Worth US$ 12 Billion
The global home security products and solutions market has been segmented on the basis of Technology and Services into Fire Protection Systems, Video Surveillance Systems, Access Control Systems, and Services; and on the basis of Region into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. Browse Complete Report @ http://www.persistencemarketresearch.com/market-research/home-security-products-and-solutions-market.asp In 2016, the Fire Protection Systems segment was valued at US$ 0 Mn and is projected to reach
E – Clinical Solutions Market Worth US$ 12 Billion by 2024
New York, January 30: Market Research Engine has published a new report titled as “E-Clinical Solutions Market By Product Analysis; By Delivery mode Analysis; By Clinical Trial phase Analysis; By End-user Analysis and By Regional Analysis – Global Forecast by 2016 – 2024”. How Big is the Global E Clinical Solutions Market? The Global E Clinical Solutions Market is expected to exceed more than US$ 12 billion by 2024 and will grow