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World Acrylic Ester Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3772975
Acrylic ester is used in water-based coating solutions in various applications, such as construction, textiles, adhesives, detergents and others. It has replaced solvent based paints and sealants. High thermal stability and oil resistance are key features of acrylic esters. Its non-toxic nature is responsible for growing adoption in various industries. It is used as building blocks for industrial polymers.

Demand for coating from construction industry and expansion of butyl acrylates in China are factors propelling the world acrylic ester market. However, slow recovery of the U.S. housing market and variation in raw material prices are hindering growth in the market. Demand for PPMA resins and commercial production of bio-based acrylic acid derivatives are expected to create better opportunities in the market.

The world acrylic ester market is segmented into type, application, and geography. Based on type, the market is further classified into methyl acrylate, ethyl acrylate, butyl acrylate, and 2-eh acrylate. Applications covered in the report are surface coatings, adhesives and sealants, plastic additives, detergents, and textiles. Geographically, the market is divided into North America, Europe, Asia-Pacific, and Latin America, Middle East and Africa (LAMEA).

The key manufacturers operating in the market are Arkema SA, BASF SE, LG Chem Ltd., Evonik Industries, Mitsubishi Chemical Holdings Corporation, Momentive Specialty Chemicals Inc., OJSC Sibur Holding, Nippon Shokubai Co. Ltd., Sasol Ltd., and The Dow Chemical Company. They have adopted various strategies, such as expansions, new product launches, mergers & acquisitions, partnerships, joint ventures, and others to strengthen their position in the market.

KEY BENEFITS FOR STAKEHOLDERS:

The report offers a detailed analysis of key driving and restraining factors of the world acrylic ester market.
This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
An exhaustive analysis of key strategies adopted by leading manufacturers helps in understanding competitive scenario.
The report provides an extensive analysis of current and future market status of the world acrylic ester market.
Comprehensive analysis has been done in this report by constructing market estimations for the key market segments between 2015 and 2020.
An extensive analysis of current research and clinical developments within the world acrylic ester market is provided with key market dynamic factors that help in understanding the behavior of the market.
The world acrylic ester market is segmented into North America, Asia-Pacific, Europe, and Latin America, Middle East and Africa (LAMEA).

KEY MARKET SEGMENTS:

By Type

Methyl Acrylate
Ethyl Acrylate
Butyl Acrylate
2-Eh Acrylate

By Application

Surface Coatings
Adhesives & Sealants
Plastic Additives
Detergents
Textiles

By Geography

North America
Asia-Pacific
Europe
Latin America, Middle East and Africa (LAMEA)

Key Market Players:

Arkema SA
BASF SE
LG Chem Ltd.
Evonik Industries
Mitsubishi Chemical Holdings Corporation
Momentive Specialty Chemicals Inc.
OJSC Sibur Holding
Nippon Shokubai Co. Ltd.
Sasol Ltd.
The Dow Chemical Company

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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