Acrylate Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Acrylate is a polymer material widely used in various industries, including construction, automotive, medical, and electronics. It is known for its superior strength, durability, and flexibility, making it an ideal material for many applications. Acrylate is also valued for its low cost and easy availability. End users of acrylate include construction companies, automotive manufacturers, medical device manufacturers, and electronics companies. Acrylate provides these companies with a number of advantages, including its superior strength and flexibility, low cost, and easy availability. For construction companies, acrylate provides a reliable and cost-effective material for construction projects. At the same time, automotive manufacturers use it for its superior strength and flexibility, which allows them to create complex designs with minimal cost. Medical device manufacturers use acrylate for its biocompatibility, which is essential for ensuring the safety of their products. In addition, electronics companies use acrylate because of its ability to effectively insulate electrical components. The increasing demand for lightweight and durable materials for various industries and the availability of more advanced production techniques will likely drive this growth.

MARKET DYNAMICS

The acrylate market is anticipated to grow in the forecast period owing to driving factors such as high usage for acrylates in adhesives coupled with its demand in the paint industry. Moreover, the high demand of the product for water-based emulsion further boosts the growth of the acrylate market. However, several environmental and health hazards associated with acrylate may hamper the growth of the acrylate market. Nonetheless, the emerging commercialization of bio-based acrylic acid offers significant growth opportunity for the acrylate market players during the forecast period.

MARKET SCOPE

The "Global Acrylate Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of acrylate market with detailed market segmentation by type, application, and geography. The global acrylate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acrylate market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global acrylate market is segmented on the basis of type and application. Based on type, the market is segmented as butylacrylate, ethylacrylate, ethylhexylacrylate, and methylacrylate. On the basis of the application the market is segmented as paints & coatings, plastics, adhesives & sealants, fabrics, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global acrylate market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The acrylate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting acrylate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the acrylate market in these regions.

MARKET PLAYERS

The reports cover key developments in the acrylate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from acrylate market are anticipated to lucrative growth opportunities in the future with the rising demand for acrylate in the global market. Below mentioned is the list of few companies engaged in the acrylate market.

The report also includes the profiles of key acrylate companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

• Air Liquide
• Arkema Group
• BASF SE
• Evonik Industries AG
• LG Chem Ltd.
• Mitsubishi Chemical Corporation
• NIPPON SHOKUBAI CO., LTD.
• Sasol Limited
• SIBUR
• Wanhua Chemical Group Co., Ltd.

Acrylate Report Scope