Our latest research report entitled Acrylate Esters Market (by type (methyl acrylate, ethyl acrylate, 2-Ethylhexyl acrylate, and butyl acrylate), by application (surface coatings, textiles, plastic additives, adhesives & sealants, and detergents)) provides complete and deep insights into the market dynamics and growth of Acrylate Esters. The latest information on market risks, industry chain structure Acrylate Esters cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Acrylate Esters growth factors.
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Rising Construction Industry Has Thus Driven the Demand
Acrylate Esters is the derivative of acrylic acid and is used as raw material for viscosity adhesives, gums, paints, building materials, leather processing, and acrylic textiles. Acrylate Esters are majorly used in four products such as Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate and 2-Ethylhexyl Acrylate (2EHA). Acrylate Esters have several qualities similar to polymeric materials such as color stability and clarity, High thermal stability, good weather ability, and oil resistance. Acrylate esters offer major features such as glass transition temperature. This is characteristic of temperature at which the end polymer is transformed from a hard system to soft.
Acrylate esters are been used in construction coatings. The rising construction industry has thus driven the demand for the acrylate esters market. Moreover, Acrylate Esters are used in various applications such as surface coatings, plastic adhesives, adhesives & sealants, textiles, and detergents. Butyl acrylate is used as a soft monomer to improve the toughness and temperature properties. Expanding demand for butyl acrylate in the paint and coating industry is driving the growth of the acrylate esters market.
However, fluctuation in raw material prices is expected to be challenging for the growth of the acrylate esters market. Going further, rising adoption of biobased acrylic acid for a wide variety of commercial and consumer products including coatings, acrylic paints, adhesives, and textiles is projected to create several growth opportunities for the Acrylate Esters Market.
The Asia Pacific is anticipated to be the Largest and Fastest Growing Region
On the basis of geographies, Asia Pacific is anticipated to be the largest and fastest-growing region for the acrylate esters market followed by Europe and North America. Rising demand from surface coating application is the key factor driving the growth of the market in the Asia Pacific region. In addition, research and development activities to develop new product development by leading players in acrylate esters boosting is also boost the market in the Asia Pacific region. China is the largest consumer of the acrylate esters in the Asia Pacific region.
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Report on Global Acrylate Esters Market Covers Segments such as Type and Application.
On the basis of type the global acrylate esters market is categorized into methyl acrylate, ethyl acrylate, 2-Ethylhexyl acrylate, and butyl acrylate. On the basis of application the global acrylate esters market is categorized into surface coatings, textiles, plastic additives, adhesives & sealants, and detergents.
The report provides profiles of the companies in the global acrylate esters market such as SASOL LTD., SIBUR Holding, Mitsubishi Chemical Corporation, Hexion Inc., Arkema Group, NIPPON SHOKUBAI CO. LTD., BASF SE, LG Chem Ltd., The Dow Chemical Company and Evonik.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/chemical-material/global-acrylate-esters-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Acrylate Esters.
- Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.