Acrylic Ester Market by Type & by Application - Trends & Forecasts to 2019


Posted August 13, 2018 by abhijeetw1

The market is expected to witness a CAGR of 6.3% between 2014 and 2019 in terms of value, and is anticipated to generate a global market value of $9,143 Million by 2019.

 
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.

This study aims at estimating the global market of acrylic ester for 2014 and to project the expected demand of the same by 2019. This market research study provides a detailed qualitative and quantitative analysis of the global acrylic ester market. It provides a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. The market is segmented and projected for important regions, such as Asia-Pacific, Europe, North America and Rest of the World, which are further segmented for key countries in each region.

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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.

“Asia-Pacific: The Biggest Market of Acrylic esters”

The Asia-Pacific region was the world’s largest market for acrylic esters both, in terms of volume and value in 2013. China is the key consumer of acrylic esters in Asia-Pacific. Various expansions and new product developments in the acrylic esters industry and the growing applications of super absorbent polymers have in turn made the region a potential growth market for acrylic esters and its market.

Expansion and new product development are the major growth strategies adopted by industry players. Most of the companies are engaged in expanding their existing facilities or are investing in research and development to develop new products to abide by the environmental regulation.

The report forecasts value of the global acrylic esters market and its various sub-markets with respect to main regions namely, Asia-Pacific, Europe, North America, and Rest of the World.

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Scope of the report:

This research report categorizes the global market for acrylic esters on the basis of type, applications, and region along with forecasting volume, value, and trends in each of the markets.

On the basis of type and application:

Acrylic esters types such as Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-EH Acrylate are described. Each t is further described in detail with volume and value forecasts. Furthermore, different applications of acrylic esters such as surface coatings, adhesives and sealants, plastic adhesives, detergents, textiles, diapers & training pants are described in the report.

On the basis of region:

Regional level segmentation is done for acrylic esters that include North America, Asia-Pacific, Europe and Rest of the World (which include South America, the Middle East and Africa) and further for key countries in each region that include the U.S., China, India, South Korea, Japan, Germany, France, Belgium, and The Netherlands.

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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags acrylic ester , acrylic ester market
Last Updated August 13, 2018