Acrylic esters are used in many industries for various applications. They are required in surface coatings, adhesives & sealants, textiles, diapers & training pants and many other applications. The report covers qualitative aspect of acrylic esters and detailed volume (KT) and value ($Million) forecasts of acrylic esters along with its types, application and region.
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Competitive scenarios of top players in the acrylic ester market have been discussed in detail. We have also profiled leading players of this industry with their recent developments and other strategic industry activities which include, 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.
The global acrylic ester market is growing at a CAGR of 4.9% in terms of volume, with Asia-Pacific leading consumption, followed by North America and Europe. China is the world’s largest consumer for acrylic esters and its derivatives. The major markets for acrylic esters in developing countries include China, Japan, India, etc.; whereas major markets in developed countries include the U.S. and Germany.
The increasing consumption in surface coating makes Asia-Pacific an attractive market for capacity expansion. Asia-Pacific is the fastest growing market for acrylic esters across the world, followed by North America and Europe. The opportunities are cited in the commercialization of bio-based acrylic esters, and rising demands of acrylic ester in the emerging markets. With the aforementioned opportunities, the overall acrylic esters market remains attractive for coming years.
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The key participants in this market are 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.).
This report follows both top-down and bottom-up approaches to estimate and forecast the global acrylic ester market size.
