Acrylates Copolymer Market is growing with the rapid pace; mainly due to the growing personal care industry. According to a recent study report published by the Market Research Future, The global market of Acrylates Copolymer is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2016 – 2023).
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Market Overview and Growth Factors:
Acrylates copolymer is widely used as a stabilizer in styling products to set the hair, add body, and protect it from humidity. It possesses a multitude of functions and can work as a film forming agent, hair fixative agent, suspending agent and antistatic agent. It’s also sometimes used as a waterproofing agent in cosmetic products, as well as an adhesive for nail binding products. It's widely used by the cosmetic industry in products such as hair dye, mascara, nail polish, lipstick, hairspray, body wash, sunscreen and anti-aging treatment. The Global Acrylates Copolymer Market is predominantly driven by Cosmetic Industry attributed to Faison and Media & Entertainment market.
Acrylates copolymer is a low hazardous chemical containing acrylic acid or methacrylic acid building blocks or any one of their salt or esters. In other words Acrylates copolymer consist more than two monomers of acrylic acid and together forms acrylates copolymer. Acrylates Copolymer has various applications including food and cosmetic industries and has been evaluated as multi billion market on global scale. As the demand for beauty products are increasing companies are earning huge revenue by marinating the supply of acrylates copolymer.
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Acrylates copolymer are used to produce a wide variety of useful products Such as Adhesives, Paints & Coatings etc.
Adhesives: Acrylate polymers and co-polymers are frequently used in construction adhesives and pressure-sensitive adhesives.
Chemical Intermediates: Acrylates are widely used as molecular building blocks or intermediates due to chemical structures and useful chemical functionalities.
Coatings: Acrylates are used as monomers in the production of copolymers in textile and adhesive resins as well as surface coatings. They are widely used in water-based coatings. Some are used in paints, leather finishing, and paper coatings.
Leather: Acrylic copolymers are used as film coatings and leather finishes, particularly nubuck and suede.
Plasticizers: A balance of properties including molecular mobility, resin viscosity, solubility, hydrophobicity, thermal stability and low toxicity are critical for selecting a material for use as a plasticizer.
Textiles: Acrylate monomers and co-polymers are used in the manufacture of both woven and non-woven textiles.
Water Treatment: Methyl Acrylate is used to produce dimethylaminoethylacrylate (DMAEA), which is used as a monomer to make flocculants for water treatment. Sodium acrylate (the sodium salt of glacial acrylic acid) is copolymerized with acrylamide to make an anionic copolymer (a-PAA), which is used as a flocculants in water treatment.
According to the FDA, acrylates copolymer can be used as an indirect food additive. This means that it can be used in the manufacture of the packaging items used to store and display food. If you buy different types of packaged foods, the plastic packaging may contain acrylates copolymer.
Acrylates Copolymer Global Market - Competitive Analysis
The key players operating in the Acrylates Copolymer Market compete based upon pricing, Technology and services. Vendors operating in the Acrylates Copolymer Market strive to deliver the best quality products based on innovative technologies, and best practices. Acrylates Copolymer market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further.
Browse key industry insights spread across 138 pages with 24 market data tables & 8 figures & charts from the report, “Acrylates Copolymer Market information by Application (Cosmetic, Chemical, Foods & Beverages, Leather, Adhesives, Glass, Textiles and Others) – Forecast till 2023” in detail along with the table of contents @ https://www.marketresearchfuture.com/reports/acrylates-copolymer-market-717
Acrylates Copolymer Global Market - Regional Analysis
Acrylates Copolymer market has seen a tremendous growth in the Asia pacific countries. Countries like China, India which are under the developing phase and hold more than the 41% of the global population is creating heavy demand for the cosmetic industries. As acrylates copolymer plays very important role in the beauty products is been forced to grow and companies who are producing the acrylates copolymer has been making huge profits. Thus the Asia pacific region is expected to grow at a tremendous rate with a substantial CAGR. North America is also one of the biggest markets for Acrylates Copolymer followed by the Western European countries.
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