The global butyl acrylate market is projected to reach USD 7 billion by the end of 2027. Commercially, butyl acrylate is manufactured in various types and formulations according to the requirement of end users.
The Important Elements of Butyl Acrylate Market
The demand for butyl acrylate is anticipated to increase during the forecast period as it is widely used for the formulation of adhesives and sealants, plastic processing, paint and coatings, and textile and is majorly used in water treatment applications on a large scale. Moreover, the growth of the automotive and construction industries is expected to give a healthy push to the global butyl acrylates market over the coming years. Additionally, the growing demand for butyl acrylate in the petrochemical industry coupled with the introduction of renewable and innovative production processes is projected to have a positive influence on market developments during the forecast period.
The global butyl acrylate market is segmented based on product type, purity, application, end-user industry, region, and company. Based on purity, the market can be bifurcated into high purity and common purity. Among them, the high-purity segment is anticipated to dominate the market over the coming years which can be attributed to the high strength, chemical resistance, rigidity, and thermal endurance provided by this chemical. In addition to this, high-purity chemicals are needed in engine components as well as in-vehicle interiors which are anticipated to further aid the growth of this segment through 2027.
Major players operating in the butyl acrylate market
- BASF SE
- ARKEMA S.A.
- Mitsubishi Chemical Corporation
- Nippon Shokubai Co., Ltd.
- DuPont de Nemours, Inc.
- LG Chem Ltd.
- SunVic Chemical Holdings Corporation, Toagosei Co., Ltd
- Wanhua Chemical Group Co., Ltd
- Formosa Plastics Corporation and others.
The Objective of the Study:
- To analyze and forecast the market size of the global butyl acrylates market.
- To classify and forecast the global butyl acrylate market based on product type, purity, application, end-user industry, company, and regional distribution.
- To identify drivers and challenges for the global butyl acrylate market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global butyl acrylate market.
- To conduct pricing analysis for the global butyl acrylate market.
- To identify and analyze the profile of leading players operating in the global butyl acrylate market.
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TechSci Research performed both primary and exhaustive secondary research for this study. Initially, TechSci Research sourced a list of global butyl acrylate manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels, and presence of all major players across the globe.
TechSci Research calculated the market size of the global butyl acrylate market using a bottom-up approach, wherein data for various end-user segments was recorded and forecasted for the future years. TechSci Research sourced these values from industry experts and company representatives. It is externally validated by analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.
Key Target Audience:
- Butyl acrylate manufacturers, suppliers, distributors, and other stakeholders
- Government bodies such as regulating authorities and policymakers
- Organizations, forums, and alliances related to butyl acrylate
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Attribute | Details | |
Base Year | 2021 | |
Historical Data | 2017 – 2020 | |
Estimated Year | 2022 | |
Forecast Period | 2023 – 2027 | |
Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F | |
Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends | |
Segments Covered | · Product Type
· Purity · Application · End User Industry |
|
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa | |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Russia, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia | |
Key companies profiled | BASF SE, ARKEMA S.A., Mitsubishi Chemical Corporation, Nippon Shokubai Co., Ltd., DuPont de Nemours, Inc., LG Chem Ltd., SunVic Chemical Holdings Corporation, Toagosei Co., Ltd, Wanhua Chemical Group Co., Ltd, Formosa Plastics Corporation. | |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, global butyl acrylate market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Product Type:
- i-butyl acrylate
- n-butyl acrylate
- t-butyl acrylate
- Market, By Purity:
- High Purity
- Common Purity
- Market, By Application:
- Adhesives & Sealants
- Textile
- Plastics
- Paints & Coatings
- Others
- Market, By End User Industry:
- Packaging
- Consumer Goods
- Building & Construction
- Automation
- Others
- Market, By Region:
- North America
- United States
- Mexico
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Russia
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Middle East & Africa
- South Africa
- UAE
- Saudi Arabia
- South America
- Brazil
- Argentina
- Colombia
- North America
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global butyl acrylate market.
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Product Overview
- Research Methodology
- Impact of COVID-19 on Global Butyl Acrylate Market
- Executive Summary
- Voice of Customer
5.1. Factors to be considered for product selection
5.2. Factors influencing purchase decision
5.3. Challenges/issues faced post purchase
5.4. Unmet needs
- Global Butyl Acrylate Market Outlook
6.1. Market Size and Forecast
6.1.1. By Value & Volume
6.2. Market Share and Forecast
6.2.1. By Product Type (i-butyl acrylate, n-butyl acrylate, t-butyl acrylate)
6.2.2. By Purity (High Purity, Common Purity)
6.2.3. By Application (Adhesives & Sealants, Textile, Plastics, Paints & Coatings, Others)
6.2.4. By End User Industry (Packaging, Consumer Goods, Building & Construction, Automation, Others)
6.2.5. By Company (2018)
6.2.6. By Region
6.3. Market Attractive Index
- Asia-Pacific Butyl Acrylate Market Outlook
7.1. Market Size and Forecast
7.1.1. By Volume
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.2. By Application
7.2.3. By End User Industry
7.2.4. By Country
7.3. Pricing Analysis
7.4. China Butyl Acrylate Market Outlook
7.4.1. Market Size and Forecast
7.4.1.1. By Volume
7.4.2. By Market Share and Forecast
7.4.2.1. By Product Type
7.4.2.2. By Application
7.5. India Butyl Acrylate Market Outlook
7.5.1. Market Size and Forecast
7.5.1.1. By Volume
7.5.2. Market Share and Forecast
7.5.2.1. By Product Type
7.5.2.2. By Application
7.6. Japan Butyl Acrylate Market Outlook
7.6.1. Market Size and Forecast
7.6.1.1. By Volume
7.6.2. Market Share and Forecast
7.6.2.1. By Product Type
7.6.2.2. By Application
7.7. South Korea Butyl Acrylate Market Outlook
7.7.1. Market Size and Forecast
7.7.1.1. By Volume
7.7.2. Market Share and Forecast
7.7.2.1. By Product Type
7.7.2.2. By Application
7.8. Australia Butyl Acrylate Market Outlook
7.8.1. Market Size and Forecast
7.8.1.1. By Volume
7.8.2. Market Share and Forecast
7.8.2.1. By Product Type
7.8.2.2. By Application