Market Overview:
The global acrylate esters market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period. The growth of the market can be attributed to the increasing demand for acrylate esters in various applications such as surface coatings, plastic additives, adhesives & sealants, detergents, and others. In addition, the growing demand from emerging economies is expected to boost the growth of the global acrylate esters market during the forecast period. However, volatility in raw material prices may restrain the growth of this market duringthe forecast period. On basis on type methyl acrylate accounted for major share in terms revenue followed by ethylacrylic acid and butylacrylic acid respectively .Whereas on basis application surface coatings held largest share with respect revenue generated followed adhesive&sealants .
Product Definition:
Acrylate esters are a family of monomers used to create polymers. These molecules are made up of an acrylate group and a carboxylic acid group. Acrylate esters are important because they can be used to make plastics, coatings, and adhesives.
Methyl Acrylate:
Methyl acrylate is a chemical, which is produced by the reaction of acrylic acid and methanol. It has several industrial applications such as it can be used in polymers, adhesives & sealants, paints & coatings; it can also be utilized in textile printing ink and paper coating among others.
Ethyl Acrylate:
Ethyl acrylate is a chemical, which is derived from acrylic acid. It has a molecular weight of 132 and boiling point of 174 °C. Ethyl acrylate can be synthesized by the reaction of ethylene oxide with acrylic acid.
Application Insights:
The global acrylate esters market has been segmented on the basis of application into surface coatings, plastic additives, adhesives & sealants, detergents and others. The plastic additive segment is anticipated to emerge as the fastest-growing application over the forecast period owing to increasing demand for polymers in various end-use industries such as construction and packaging.
Surface coatings emerged as one of the largest applications accounting for a share of 29.3% in 2017 owing to high product penetration in this industry which involves application on a wide range of substrates including metal, wood and glass among others. Acrylate monomers are used for producing high quality smooth surfaces that offer enhanced durability compared to traditional coating formulations while maintaining low costs during production and consumption due to economies associated with mass production techniques employed by major manufacturers globally over recent years.
Regional Analysis:
Asia Pacific was the largest market for global acrylic esters and accounted for a volume share of over 45% in 2017. The region is expected to witness significant growth in terms of consumption owing to rapid industrialization, growing population, and increasing per capita income levels. In addition, rising demand from end-use industries such as construction and automotive is anticipated to drive the product demand over the forecast period.
The Asia Pacific was followed by Europe which accounted for a volume share of 24% in 2017 on account of high consumption levels from several major application sectors including construction, automotive interior coatings & maintenance products among others. Rising consumer disposable income levels coupled with expanding residential sector are likely to fuel product demand over the coming years.
North America emerged as one of the prominent consumers due to presence or major industry participants with strong distribution channels that have access into various end-user markets across U.S.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and printing inks
- Rising demand for acrylate esters in Asia Pacific due to the growth of the automotive industry
- Growth of the construction industry worldwide
- Expansion of the electronics industry
- Growing use of acrylate esters in medical applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Acrylate Esters Market Research Report
By Type
Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, Other
By Application
Surface Coatings, Plastic Additives, Adhesives & Sealants, Detergents, Other
By Companies
SASOL LTD., SIBUR Holding, Mitsubishi Chemical Corporation, Hexion Inc., Arkema Group, NIPPON SHOKUBAI CO. LTD., BASF SE, LG Chem Ltd., The DOW Chemical Company, Evonik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Acrylate Esters Market Report Segments:
The global Acrylate Esters market is segmented on the basis of:
Types
Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Surface Coatings, Plastic Additives, Adhesives & Sealants, Detergents, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SASOL LTD.
- SIBUR Holding
- Mitsubishi Chemical Corporation
- Hexion Inc.
- Arkema Group
- NIPPON SHOKUBAI CO. LTD.
- BASF SE
- LG Chem Ltd.
- The DOW Chemical Company
- Evonik
Highlights of The Acrylate Esters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Methyl Acrylate
- Ethyl Acrylate
- Butyl Acrylate
- Other
- By Application:
- Surface Coatings
- Plastic Additives
- Adhesives & Sealants
- Detergents
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acrylate Esters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Acrylate esters are a type of polymer that is derived from acrylonitrile. They are often used in adhesives and sealants, as well as other types of coatings.
Some of the major players in the acrylate esters market are SASOL LTD., SIBUR Holding, Mitsubishi Chemical Corporation, Hexion Inc., Arkema Group, NIPPON SHOKUBAI CO. LTD., BASF SE, LG Chem Ltd., The DOW Chemical Company, Evonik.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Acrylate Esters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Acrylate Esters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Acrylate Esters Market - Supply Chain
4.5. Global Acrylate Esters Market Forecast
4.5.1. Acrylate Esters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Acrylate Esters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Acrylate Esters Market Absolute $ Opportunity
5. Global Acrylate Esters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Acrylate Esters Market Size and Volume Forecast by Type
5.3.1. Methyl Acrylate
5.3.2. Ethyl Acrylate
5.3.3. Butyl Acrylate
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Acrylate Esters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Acrylate Esters Market Size and Volume Forecast by Application
6.3.1. Surface Coatings
6.3.2. Plastic Additives
6.3.3. Adhesives & Sealants
6.3.4. Detergents
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Acrylate Esters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Acrylate Esters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Acrylate Esters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Acrylate Esters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Acrylate Esters Demand Share Forecast, 2019-2026
9. North America Acrylate Esters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Acrylate Esters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Acrylate Esters Market Size and Volume Forecast by Application
9.4.1. Surface Coatings
9.4.2. Plastic Additives
9.4.3. Adhesives & Sealants
9.4.4. Detergents
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Acrylate Esters Market Size and Volume Forecast by Type
9.7.1. Methyl Acrylate
9.7.2. Ethyl Acrylate
9.7.3. Butyl Acrylate
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Acrylate Esters Demand Share Forecast, 2019-2026
10. Latin America Acrylate Esters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Acrylate Esters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Acrylate Esters Market Size and Volume Forecast by Application
10.4.1. Surface Coatings
10.4.2. Plastic Additives
10.4.3. Adhesives & Sealants
10.4.4. Detergents
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Acrylate Esters Market Size and Volume Forecast by Type
10.7.1. Methyl Acrylate
10.7.2. Ethyl Acrylate
10.7.3. Butyl Acrylate
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Acrylate Esters Demand Share Forecast, 2019-2026
11. Europe Acrylate Esters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Acrylate Esters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Acrylate Esters Market Size and Volume Forecast by Application
11.4.1. Surface Coatings
11.4.2. Plastic Additives
11.4.3. Adhesives & Sealants
11.4.4. Detergents
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Acrylate Esters Market Size and Volume Forecast by Type
11.7.1. Methyl Acrylate
11.7.2. Ethyl Acrylate
11.7.3. Butyl Acrylate
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Acrylate Esters Demand Share, 2019-2026
12. Asia Pacific Acrylate Esters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Acrylate Esters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Acrylate Esters Market Size and Volume Forecast by Application
12.4.1. Surface Coatings
12.4.2. Plastic Additives
12.4.3. Adhesives & Sealants
12.4.4. Detergents
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Acrylate Esters Market Size and Volume Forecast by Type
12.7.1. Methyl Acrylate
12.7.2. Ethyl Acrylate
12.7.3. Butyl Acrylate
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Acrylate Esters Demand Share, 2019-2026
13. Middle East & Africa Acrylate Esters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Acrylate Esters Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Acrylate Esters Market Size and Volume Forecast by Application
13.4.1. Surface Coatings
13.4.2. Plastic Additives
13.4.3. Adhesives & Sealants
13.4.4. Detergents
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Acrylate Esters Market Size and Volume Forecast by Type
13.7.1. Methyl Acrylate
13.7.2. Ethyl Acrylate
13.7.3. Butyl Acrylate
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Acrylate Esters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Acrylate Esters Market: Market Share Analysis
14.2. Acrylate Esters Distributors and Customers
14.3. Acrylate Esters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SASOL LTD.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SIBUR Holding
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Mitsubishi Chemical Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hexion Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Arkema Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NIPPON SHOKUBAI CO. LTD.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BASF SE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. LG Chem Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. The DOW Chemical Company
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Evonik
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
