Growth in the automobile industry and expansion in application of paints and coatings are propelling the demand for acrylic elastomers.


Posted January 8, 2019 by dmTMR1

The acrylic elastomers market can be primarily bifurcated into acrylic co-monomer elastomer (ACM) and Ethylene Acrylic Elastomers (AEM). ACM is the major segment of the market and also the fastest growing segment.

 
Acrylic elastomers is a type of synthetic rubber. These elastomers are acrylic acid based polymers with acrylic acid alkyl ester as the primary component. Major characteristics of Acrylic elastomers include heat resistance and oil resistance. It can endure a temperature of 170?–180? under dry heat or in oil. Acrylic elastomers also possesses good weather ability and ozone resistance.

Emulsion and suspension polymerization are the two methods used in the manufacture of elastomers. Initially Acrylic elastomers were homopolymers, either ethyl acrylate or methyl acrylate. These were primarily used for vulcanized applications. Acrylic elastomers is largely used for oil seals and packaging related to automobiles.

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In terms of type, the acrylic elastomers market can be primarily bifurcated into acrylic co-monomer elastomer (ACM) and Ethylene Acrylic Elastomers (AEM). ACM is the major segment of the market. It is also the fastest growing segment of the acrylic elastomers market. Low cost vis-à-vis AEM and high demand in Asia Pacific is boosting the acrylic elastomers market. Based on end-use industry, the acrylic elastomers market can be divided into automotive, construction, industrial, and others. The automotive segment accounted for major share of the acrylic elastomers market in 2017. Increase in usage of Acrylic elastomers to manufacture under-the-hood automotive rubber components, such as O-rings, seals, gaskets, and hoses, is expected to fuel the Acrylic elastomers market during the forecast period.

Advanced properties of Acrylic elastomers vis-à-vis the conventional elastomers and increase in usage of acrylic elastomers in turbocharged engines are the major factors boosting the Acrylic Elastomers market. Acrylic elastomers possess high thermal stability, chemical resistance, and tensile strength; low shrinkage; and greater design flexibility. Therefore, they are preferred in various end-use industries.


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Last Updated January 8, 2019