Acrylate Market Size, Trends and Growth Industry Analysis

Precision Business Insights has published a report on the global acrylate market, estimating its value at USD 12.3 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 6.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/acrylate-market
Market Definition:
The term "acrylate" describes a class of chemical substances that are derivatives of acrylic acid (chemical formula: C₃H₄O₂), salts, or esters. These compounds' flexibility, resilience, and adhesive qualities make them widely employed in the production of plastics, coatings, textiles, and more.
Drivers:
1) Expanding construction and infrastructure projects.
2) Rising demand for eco-friendly projects.
The global acrylate market segmentation:
1) By Type: Butyl Acrylate, Ethyl Acrylate, Methyl Acrylate, and Others.
2) By Application: Paints and Coating, Adhesives, Sealants, Printing Inks, Plastics, Buildings and Constructions, Textiles, Cosmetics and Personal Care, Automotive, Pharmaceuticals, and Other Applications.
Regional Overview:
The report also examines the current concerns and their Future Effects on the acrylate market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the acrylate market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like BASF SE – Germany, Arkema S.A. – France, Dow Inc. – USA, LG Chem Ltd. – South Korea, Nippon Shokubai Co., Ltd. – Japan, Mitsubishi Chemical Holdings Corporation – Japan, Evonik Industries AG – Germany, Sasol Limited – South Africa, SIBUR International GmbH – Russia, Formosa Petrochemical Corporation – Taiwan, Wanhua Chemical Group Co., Ltd. – China, Shanghai Huayi Acrylic Acid Co., Ltd. – China, Shenyang Chemical Co., Ltd. – China, Eastman Chemical Company – USA, LyondellBasell Industries N.V. – Netherlands, Sinopec (China Petroleum & Chemical Corporation) – China, Hexion Inc. – USA, Kraton Polymers – USA, Miwon Specialty Chemical Co., Ltd. – South Korea, Gelest, Inc. – USA, Kuraray Co., Ltd. – Japan, Chi Mei Corporation – Taiwan, Gantrade Corporation – USA, Ted Pella, Inc. – USA, Hitachi Chemical Co., Ltd. – Japan, New Japan Chemical Co., Ltd. – Japan, Rohm and Haas Company (Dow subsidiary) – USA, Pallav Chemicals – India, Chirag Enterprise – India, DHALOP CHEMICALS – India, B Joshi Agrochem Pharma – India, Huntsman Corporation – USA, Solvay S.A. – Belgium, Clariant AG – Switzerland, Lanxess AG – Germany, Chemtura Corporation – USA, Bayer MaterialScience – Germany, Mitsui Chemicals, Inc. – Japan, Daicel Corporation – Japan, Sumitomo Chemical Co., Ltd. – Japan
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