Acrylic esters are widely used in surface coatings, adhesives & sealants, plastic additives, detergents, textiles, diapers & training pants and other applications. In 2022, the acrylic esters had a total demand of 3,055 KT globally.
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The Asia-Pacific region is the largest market of acrylic esters products, accounting for more than 40% of the total global demand. There is a lot of scope in Asia-Pacific and the North American market, with the growing number of end-use applications of super absorbent polymers (SAP) and the commercialization of the production of bio-based acrylic esters. In 2022, more than acrylic esters had a market size, in terms of value, of $6,207 million.
The regional segments include Asia-Pacific, Europe, North America and Rest of the World. The type segments include Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-EH Acrylate and Others. The application segments include major applications of acrylic esters. The various types and their applications covered in the report are;
A) Acrylic Esters
1) Methyl Acrylate
2) Ethyl Acrylate
3) Butyl Acrylate
4) 2-Ethylhexyl Acrylate
1. Surface Coatings Organic
2. Adhesives & Sealants
3. Plastic Additives
The market is derived by studying acrylic esters consumption trends and its use in various applications of the said regions. The price trends of these chemicals have been analyzed from annual reports of major players.
This study on acrylic esters market estimates its global demand and market in terms of value for 2022 and projects the expected demand and market in terms of value of the same by 2031. As a part of the quantitative analysis, the study segments the global market by types at country level with current market estimation and forecast till 2031. The countries covered in the report are the U.S., China, Japan, India, South Korea, Germany, France, Belgium and The Netherlands. South America, Africa and Middle East are collectively considered in Rest of the World.
As a part of qualitative analysis, the research provides report with a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, and key issues in the market.
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The report also includes company profiling and competitive strategies adopted by various market players including, Arkema SA (France), BASF SE (Germany), Evonik Industries (Germany), LG Chem Ltd. (South Korea), Momentive Specialty Chemicals Inc. (U.S.), Mitsubishi Chemical Holdings Corporation (Japan), OJSC Sibur Holding (Russia), Sasol Ltd. (South Africa), Nippon Shokubai Co. Limited (Japan), The Dow Chemical Company (U.S.) are the most active and important players of the global Acrylic esters industry.
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