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

MARKET INTRODUCTION

Acrylate monomers such as methyl acrylate, butyl acrylate, ethyl acrylate, 2 ethyl hexyl acrylate (2eha), and others are esters that contain vinyl groups. Two carbon atoms double bonded to each other, directly attached to the carbonyl carbon of the ester group. Acrylate monomers play a vital role in manufacturing plastics, paints, adhesives, floor polishes, and coatings of different types. Automotive, textiles, construction, oil, and Gas are the major end-use industries of acrylate monomers.

MARKET DYNAMICS

The acrylate monomers market is anticipated to grow in the forecast period due to driving factors such as high usage for acrylates in adhesives and its demand in the paint industry. Water-based coatings are in high demand, creating demand for butyl acrylate, thereby driving the acrylate monomers market. Acrylate monomers are in high demand due to their widespread use in paints, surface coatings, adhesives, and sealants in the building and automotive industries. However, several environmental and health hazards associated may hinder the growth of the acrylate monomers market. Nonetheless, the emerging commercialization of bio-based acrylic acid offers a significant growth opportunity for the acrylate monomers market players during the forecast period.

MARKET SCOPE

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

MARKET SEGMENTATION

The global acrylate monomers market is segmented into product, application, end use. By product, the acrylate monomers market is classified into Methyl Acrylate, Butyl Acrylate, Ethyl Acrylate, 2 Ethyl Hexyl Acrylate (2EHA), Others. By application, the acrylate monomers market is classified into Paints and Coatings, Adhesives, Plastics, Others. By end use, the acrylate monomers market is classified into Automotive, Textiles, Construction, Oil and Gas, 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 monomers market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The acrylate monomers 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 the acrylate monomers market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the acrylate monomers market in these regions.

MARKET PLAYERS

The report covers vital developments in the acrylate monomers 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the acrylate monomers market are anticipated to lucrative growth opportunities in the future with the rising demand for acrylate monomers in the global market. Below mentioned is the list of few companies engaged in the acrylate monomers market.

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

•   New Japan Chemical Co Ltd.
  
•   BASF SE
  
•   The Dow Chemical Company
  
•   Hitachi Chemical Co. Ltd
  
•   Evonik Industries AG
  
•   Kuraray Co. Ltd
  
•   Mitsubishi Chemical Corporation
  
•   Arkema Group
  
•   Nippon Shokubai Co. Ltd
  
•   KH Chemicals
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Acrylate monomers Report Scope