Market Overview:
The global isobornyl acrylate and isobornyl methacrylate market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for reactive diluents in various end-use industries. Isobornyl acrylate (IBOA) and isobornyl methacrylate (IBOMA) are used as monomers in the production of acrylic resins. These resins are extensively used in coatings, adhesives, sealants, and printing inks owing to their properties such as toughness, weather resistance, chemical resistance, and low shrinkage. In addition, these resins offer excellent optical properties such as clarity and glossiness. Based on type, the global isobornyl acrylate and isobornyl methacrylate market has been segmented into IBOA and IBOMA.
Product Definition:
Isobornyl methacrylate and isobornyl acrylate are isomers of each other. They have the same chemical formula but a different arrangement of atoms in their structures. They are both used as monomers to make polymers such as plastics.
Isobornyl Acrylate (IBOA):
Isobornyl acrylate is a kind of polymer, which is derived from acrylic acid. It has high molecular weight and low molecular weight. The proportion of the two kinds of molecules in the Isobornyl acrylate is almost 50:50.
Isobornyl Methacrylate (IBOMA):
Isobornyl methacrylate is a polymer with high molecular weight that has been used as an adhesive and sealant. It is also used in the production of paints, coatings, adhesives and elastomers. Isobornyl methacrylate (IBOMA) can be produced by chemical synthesis or fermentation.
Application Insights:
The resin synthesis segment dominated the global isobornyl acrylate and isobornyl methacrylate market in terms of revenue share in 2017. The growth can be attributed to increasing demand for polymers from various end-use industries such as construction, automotive, packaging and electronics. Moreover, growing focus on sustainable development has resulted in increased application scope for these polymers in resin blends that are used across a wide range of applications including adhesives and sealants.
Reactive diluent was the second largest application segment accounting for over 15% of total market volume based on revenue in 2017. Increasing R&D investments by several companies have led to introduction of new products with enhanced performance characteristics that are utilized widely across several end-use industries such as pharmaceuticals, food processing and cosmetics among others which further drives product demand globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region owing to rapid industrialization and increasing foreign investments in the region. The growth of end-use industries such as automotive, packaging, and construction has led to an increase in consumption of isobornyl acrylates and isobornyl methacrylates. China emerged as a major producer & consumer for these products due to easy availability of raw materials coupled with high demand from other countries such as India, Japan, South Korea etc.
The presence of numerous manufacturers along with large population base has resulted in high domestic consumption which will drive regional market growth over the forecast period. In addition Isobornyl Acrylic (SBA) Corporation based out of Taiwan manufactures low cost alternatives that are widely used across Asia Pacific thus resulting into higher production volumes thereby driving down product prices making it more affordable for end users leading towards increased demand from various application segments resulting into overall industry expansion over the next eight years.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and furniture owing to the properties of Isobornyl Acrylate and Isobornyl Methacrylate such as durability, weather resistance and low toxicity.
- Rising demand for acrylic adhesives, sealants and coatings in the construction industry due to their superior properties compared to traditional materials.
- Growing automotive industry in developing countries such as China and India which is expected to drive the demand for Isobornyl Acrylate and Isobornyl Methacrylate in paints & coatings applications over the forecast period.
- Increasing trend of using plastic composites instead of traditional materials in furniture manufacturing which is likely to boost the market growth for both acrylates over the next few years. 5 Emerging economies with growing population base are anticipated to create new opportunities for acrylates manufacturers in terms of volume growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Isobornyl Acrylate and Isobornyl Methacrylate Market Research Report
By Type
Isobornyl Acrylate (IBOA), Isobornyl Methacrylate (IBOMA)
By Application
Resin Synthesis, Reactive Diluent, Others
By Companies
NIPPON SHOKUBAI, Sartomer, Evonik, Green Pine, Osaka Organic Chem, Solvay, DSM, Tianchi Chemical, IGM Resin, WUXI ACRYL TECHNOLOGY, Jinan Yudong Tech
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Isobornyl Acrylate and Isobornyl Methacrylate Market Report Segments:
The global Isobornyl Acrylate and Isobornyl Methacrylate market is segmented on the basis of:
Types
Isobornyl Acrylate (IBOA), Isobornyl Methacrylate (IBOMA)
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
Resin Synthesis, Reactive Diluent, Others
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:
- NIPPON SHOKUBAI
- Sartomer
- Evonik
- Green Pine
- Osaka Organic Chem
- Solvay
- DSM
- Tianchi Chemical
- IGM Resin
- WUXI ACRYL TECHNOLOGY
- Jinan Yudong Tech
Highlights of The Isobornyl Acrylate and Isobornyl Methacrylate 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:
- Isobornyl Acrylate (IBOA)
- Isobornyl Methacrylate (IBOMA)
- By Application:
- Resin Synthesis
- Reactive Diluent
- Others
- 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 Isobornyl Acrylate and Isobornyl Methacrylate 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?
Isobornyl acrylate and isobornyl methacrylate are two types of acrylic acid. Acrylic acid is a type of organic compound that is used in the production of plastics, paints, and other materials.
Some of the major players in the isobornyl acrylate and isobornyl methacrylate market are NIPPON SHOKUBAI, Sartomer, Evonik, Green Pine, Osaka Organic Chem, Solvay, DSM, Tianchi Chemical, IGM Resin, WUXI ACRYL TECHNOLOGY, Jinan Yudong Tech.
The isobornyl acrylate and isobornyl methacrylate market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Isobornyl Acrylate and Isobornyl Methacrylate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Isobornyl Acrylate and Isobornyl Methacrylate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Isobornyl Acrylate and Isobornyl Methacrylate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Isobornyl Acrylate and Isobornyl Methacrylate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Isobornyl Acrylate and Isobornyl Methacrylate Market Size & Forecast, 2018-2028
4.5.1 Isobornyl Acrylate and Isobornyl Methacrylate Market Size and Y-o-Y Growth
4.5.2 Isobornyl Acrylate and Isobornyl Methacrylate Market Absolute $ Opportunity
Chapter 5 Global Isobornyl Acrylate and Isobornyl Methacrylate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Type
5.2.1 Isobornyl Acrylate (IBOA)
5.2.2 Isobornyl Methacrylate (IBOMA)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Isobornyl Acrylate and Isobornyl Methacrylate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Applications
6.2.1 Resin Synthesis
6.2.2 Reactive Diluent
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Isobornyl Acrylate and Isobornyl Methacrylate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Isobornyl Acrylate and Isobornyl Methacrylate Analysis and Forecast
9.1 Introduction
9.2 North America Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Type
9.6.1 Isobornyl Acrylate (IBOA)
9.6.2 Isobornyl Methacrylate (IBOMA)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Applications
9.10.1 Resin Synthesis
9.10.2 Reactive Diluent
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Isobornyl Acrylate and Isobornyl Methacrylate Analysis and Forecast
10.1 Introduction
10.2 Europe Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Type
10.6.1 Isobornyl Acrylate (IBOA)
10.6.2 Isobornyl Methacrylate (IBOMA)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Applications
10.10.1 Resin Synthesis
10.10.2 Reactive Diluent
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Isobornyl Acrylate and Isobornyl Methacrylate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Type
11.6.1 Isobornyl Acrylate (IBOA)
11.6.2 Isobornyl Methacrylate (IBOMA)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Applications
11.10.1 Resin Synthesis
11.10.2 Reactive Diluent
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Isobornyl Acrylate and Isobornyl Methacrylate Analysis and Forecast
12.1 Introduction
12.2 Latin America Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Type
12.6.1 Isobornyl Acrylate (IBOA)
12.6.2 Isobornyl Methacrylate (IBOMA)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Applications
12.10.1 Resin Synthesis
12.10.2 Reactive Diluent
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Isobornyl Acrylate and Isobornyl Methacrylate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Isobornyl Acrylate and Isobornyl Methacrylate Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Type
13.6.1 Isobornyl Acrylate (IBOA)
13.6.2 Isobornyl Methacrylate (IBOMA)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Isobornyl Acrylate and Isobornyl Methacrylate Market Size Forecast by Applications
13.10.1 Resin Synthesis
13.10.2 Reactive Diluent
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Isobornyl Acrylate and Isobornyl Methacrylate Market: Competitive Dashboard
14.2 Global Isobornyl Acrylate and Isobornyl Methacrylate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NIPPON SHOKUBAI
14.3.2 Sartomer
14.3.3 Evonik
14.3.4 Green Pine
14.3.5 Osaka Organic Chem
14.3.6 Solvay
14.3.7 DSM
14.3.8 Tianchi Chemical
14.3.9 IGM Resin
14.3.10 WUXI ACRYL TECHNOLOGY
14.3.11 Jinan Yudong Tech
