Acrylate Market Overview:
The Acrylate Market analysis provides a full insight into the competition, including the market share and company profiles of the key worldwide rivals. The scope of the research covers a thorough investigation of the Acrylate Market, as well as the causes for variances in the industry’s growth in different regions.
The Acrylate Market size was valued at US$ 1.2 Bn. in 2021 and the total Acrylate revenue is expected to grow at 6.3 % from 2022 to 2029, reaching nearly US$ 1.95 Bn.
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Market Scope:
Following the completion of market engineering, which comprised market statistics calculations, estimations of market size, market projections, market breakdown, and data triangulation, major primary research were conducted to obtain information and verify and validate critical numbers. Top-down and bottom-up strategies, as well as several data triangulation procedures, were often used throughout the market engineering process to perform market estimating and forecasting for the overall market segments and sub-segments discussed in this research. In order to give vital information throughout the report, extensive qualitative and quantitative analysis is done on all data gathered throughout the market engineering process.
Segmentation:
by Application
• Paints & Coatings
• Plastics
• Adhesives
• Fabrics
• Others
In the aforementioned projection period, the paints and coatings segment is anticipated to rise at a CAGR of 3.1%, followed by the adhesives segment. Acrylates are frequently used in paints and coatings, such as solvent-borne covers, emulsified paints, water-based paints, and printing inks for demanding applications with quick drying times, such as auto-based industrial coatings. They are also utilised in formulas for pressure-sensitive adhesives that range from barely tacky, low bonding adhesives to extremely strong adhesives that can permanently adhere to the surface of clothing, vehicle parts, fabric finishing, tape sealants, and high-temperature-resistant polymers. In the automotive industry, where crumbly, hard plastics are frequently used for absorbers, valves, and seals that must bear impact, they may also be employed as plasticizers to increase the plasticity of these materials.
by Form
• Butyl Acrylate
• Ethyl Acrylate
• 2- Ethyl Hexyl Acrylate
• Methyl Acrylate
by End-Use Industry
• Packaging
• Consumer Goods
• Building & Construction
• Textiles
• Automotive
• Others
Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research are used to calculate market revenue. In-depth interviews with important thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives were conducted as part of the primary study. Primary research comprised in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to determine percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then cross-checked with primary data.
• The biggest players in the Acrylate Market are as follows:
• BASF SE
• The Dow Chemical Company
• Arkema
• Evonik Industries
• SIBUR
• NIPPON SHOKUBAI CO. LTD.
• LG Chem
• Formosa Petrochemical Corporation
• SASOL Limited
• Mitsubishi Chemical Corporation
• The DOW Chemical Company
• Air Liquide SA
• Jiangsu Jurong Chemical Co., Ltd.
• Loba Chemie Pvt.Ltd
• Merck KgaA
• Polysciences, Inc.
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The table of content for the Acrylate Market includes the:
Global Acrylate Market: Executive Summary
Market Overview and Definitions
Introduction to Global Acrylate Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Acrylate Market: Competitive Analysis
MMR Competition Matrix
Market Structure by Region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Acrylate Market Segmentation
Global Acrylate Market, by Application
Global Acrylate Market, by End-Use Industry
Regional Acrylate Market
Regional Acrylate Market, by Application
Regional Acrylate Market, by End-Use Industry
Regional Acrylate Market, by Region
Company Profile: Key players
Company Overview
Financial Overview
Global Acrylate Market: Research Methodology
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Regional Analysis:
Individual market influencing components and changes in market regulations affecting the present and future market trends are also included in the regional overview of the Acrylate Market analysis. Current and future trends are researched in order to assess the entire market potential and identify profitable patterns in order to get a stronger foothold. The geographical market assessment is based on the present environment and expected developments.
COVID-19 Impact Analysis on Acrylate Market:
End-user industries where Acrylate Market is utilized saw a dip in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India, due to a pause in operations. This resulted in a significant decrease in the revenues of businesses working in these industries and, as a result, in demand for Acrylate Market manufacturers, influencing the development of the Acrylate Market in 2020. End-user business demand for Acrylate Market has declined significantly as a result of lockdowns and an increase in COVID-19 events worldwide.
Key Questions Answered in the Acrylate Market Report are:
- In 2021, which segment held the highest proportion of the Acrylate Market?
- What is the Acrylate Market’s competitive landscape?
- What are the primary drivers assisting the Acrylate Market growth?
- Which region has the most market share in the Acrylate Market?
- What will be the Acrylate Market’s CAGR throughout the projected period?
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