The Hydroxyethylcaprolactone Acrylate Market in Asia Pacific to Expand at a Significant Pace During the Forecast Period


Posted January 21, 2019 by dmTMR1

Hydroxyethylcaprolactone acrylate is an acrylate & caprolactone-based monomer. It imparts flexibility, weatherability, chemical resistance, scratch resistance, hardness to polymers. It forms homopolymers & copolymers.

 
Hydroxyethylcaprolactone acrylate is an acrylate and caprolactone-based monomer. It imparts adhesion, flexibility, weatherability, chemical resistance, scratch resistance, hardness, and crosslinking properties to polymers. It forms homopolymers and copolymers. Hydroxyethylcaprolactone acrylate is a caprolactone modified version of hydroxyethyl acrylate, which is synthesized by incorporating an average of two moles of caprolactone per mole of hydroxyethyl acrylate.

Copolymers of HECLA can be prepared with acrylic acid and its salts, amides and esters, and with methacrylates, acrylonitrile maleic acid esters, vinyl acetate, vinyl chloride, vinylidene chloride, styrene, butadiene, unsaturated polyesters and drying oils, etc. HECLA is also a useful feedstock for chemical synthesis, as it readily undergoes addition reactions with a wide variety of organic and inorganic compounds. It is an ideal capping agent for UV-curable urethane acrylate oligomers.

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Based on application, the Hydroxyethylcaprolactone Acrylate (HECLA) market can be segmented into paints & coatings, adhesives & sealants, plastics, and printing inks. The paints & coatings segment accounted for significant share of the Hydroxyethylcaprolactone Acrylate (HECLA) market in 2017, due to the extensive usage of HECLA as monomer in the manufacture of paints and coatings.

Based on region, the global Hydroxyethylcaprolactone Acrylate (HECLA) market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of consumption, Asia Pacific held major share of the global Hydroxyethylcaprolactone Acrylate (HECLA) market in 2017. This trend is likely to continue during the forecast period. The market in Asia Pacific is projected to expand at a significant pace during the forecast period. This is due to the robust growth of various end-use industries such as construction, automotive, and textile. Powered by the rapid economic development and emergence of a large middle-class population in China and India, the Hydroxyethylcaprolactone Acrylate (HECLA) market in Asia Pacific is witnessing swift growth. North America and Europe are anticipated to follow Asia Pacific.

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Last Updated January 21, 2019