Quick Summary:
In a dynamic and rapidly evolving landscape, the up-to-date insights offered in our latest market research report on the Global Acrylic Esters market are indispensable for senior business executives seeking a competitive edge. Our report provides a comprehensive overview of the market, currently estimated at US$8.5 Billion and forecasted to reach a sizeable US$13 Billion by 2030. Highlighting key segments including Surface Coatings and Adhesives & Sealants, the report offers nuanced views of growth trajectories and potential opportunities in these areas.
Delving into regional trends, our research estimates the U.S Acrylic Esters market to be currently worth $2.3 Billion, with the Chinese market expected to trail a CAGR of 9.3% over the analysis period. The report also sheds light on other noteworthy geographic markets such as Japan, Canada, Germany, and the Asia-Pacific region. Detailing the strategies and positions of leading competitors including BASF SE, Dow Inc., and Mitsubishi Chemical Holdings Corporation, our report equips you to better navigate market dynamics and capitalise on emergent opportunities.
Global Acrylic Esters Market to Reach $13 Billion by 2030
The global market for Acrylic Esters estimated at US$8.5 Billion in the year 2022, is projected to reach a revised size of US$13 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030. Surface Coatings, one of the segments analyzed in the report, is projected to record a 6.5% CAGR and reach US$3.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Adhesives & Sealants segment is readjusted to a revised 4.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 9.3% CAGR
The Acrylic Esters market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 9.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.8 Billion by the year 2030.Select Competitors (Total 11 Featured) -
- Arkema Group
- BASF SE
- Dow Inc.
- Evonik Industries AG
- LG Chem
- Mitsubishi Chemical Holdings Corporation
- Nippon Shokubai Co., Ltd.
- Sasol Ltd.
- Sibur Holding PJSC
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Acrylic Esters?
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Report Attribute | Details |
---|---|
No. of Pages | 224 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 8.5 Billion |
Forecasted Market Value ( USD | $ 13 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Arkema Group
- BASF SE
- Dow Inc.
- Evonik Industries AG
- LG Chem
- Mitsubishi Chemical Holdings Corporation
- Nippon Shokubai Co., Ltd.
- Sasol Ltd.
- Sibur Holding PJSC