New Research Report Offers Trends and Analysis of the Global Acrylate Monomers Market for the Year 2025

Textiles, coatings, printing inks, paints, adhesives and sealants and plastics are some of the applications which are found in acrylate monomers along with group of vinyl. The monomers of acrylate are obtained by esterification of alcohol or polyol. Acrylate monomers are largely used in coating and paint industry. The significant properties behind boosting the consumption of acrylates are gloss, super durability, high flexibility and UV resistance.  Co polymers along with sealants and adhesive acrylates and mainly used in manufacturing of pressure sensitive and construction adhesives. According to the new research report, “Acrylate Monomers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” that has been added in the repository of Market Research Hub (MRH), the global acrylate monomers market was accounted for US$ 6,987.9 Mn in the year 2016 and expected to reach at US$ 11. 112.3 Mn by the end of 2025, expanding at a healthy CAGR of 5.4% during the projected period of eight years, i.e. 2017-2025.

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Global Acrylate Monomers Market- Segmental Analysis

This market is segmented into region, product and application. The product segment is consists of 2 ethyl hexyl acrylate monomer, butyl acrylate, methyl acrylate monomer, and ethyl acrylate. Among these all segmnets, 2 ethyl hexyl acrylate monomer and butyl acrylate monomers are two segmented which are generally used in coatings and paints. On the other hand methyl acrylate monomer segment is commonly used for special applications of chemical. On the basis of application, the global market of acrylate monomers are segmented into printing inks, coating and paints, plastics, sealants and adhesives and others.

With 40% revenue share, in 2016 Asia Pacific was leading the market and is expected to keep the similar potential throughout the projected period. In case of market attractiveness index, Asia Pacific is projected to dominate the market. The major factors which are driving the growth of the market in the region of Asia Pacific are tremendous growth of end use industries such as textile, construction and automotive, increasing middle-class population and overall economic development in the region.

Global Acrylate Monomers Market- Key Players

Some of the key players functioning in this market are LG Chem, BASF SE, New Japan Chemical Co Ltd., Arkema S.A., The Dow Chemical Company, Hitachi Chemical Co. Ltd, Kuraray Co. Ltd., and Evonik Industries AG.

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Why this Report should be purchased?

An in-depth research has been done while making this report. Analysts have worked extensively to give the crystal clear picture of the market to clients. Various types of products arrived in the global acrylate monomers market that have been discussed in this report. The list of key players, emerging players, their strategies and counter-strategies are discussed in detail in this report.

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This release was published on openPR.