Acrylate Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Acrylate Market covers analysis by Type (Butylacrylate, Ethylacrylate, Ethylhexylacrylate, Methylacrylate); Application (Paints and Coatings, Plastics, Adhesives and Sealants, Fabrics, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00004841
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

Acrylate is a polymer material widely used in various industries, including construction, automotive, medical, and electronics. It is known for its superior strength, durability, and flexibility, making it an ideal material for many applications. Acrylate is also valued for its low cost and easy availability. End users of acrylate include construction companies, automotive manufacturers, medical device manufacturers, and electronics companies. Acrylate provides these companies with a number of advantages, including its superior strength and flexibility, low cost, and easy availability. For construction companies, acrylate provides a reliable and cost-effective material for construction projects. At the same time, automotive manufacturers use it for its superior strength and flexibility, which allows them to create complex designs with minimal cost. Medical device manufacturers use acrylate for its biocompatibility, which is essential for ensuring the safety of their products. In addition, electronics companies use acrylate because of its ability to effectively insulate electrical components. The increasing demand for lightweight and durable materials for various industries and the availability of more advanced production techniques will likely drive this growth. 

MARKET DYNAMICS

The acrylate market is anticipated to grow in the forecast period owing to driving factors such as high usage for acrylates in adhesives coupled with its demand in the paint industry. Moreover, the high demand of the product for water-based emulsion further boosts the growth of the acrylate market. However, several environmental and health hazards associated with acrylate may hamper the growth of the acrylate market. Nonetheless, the emerging commercialization of bio-based acrylic acid offers significant growth opportunity for the acrylate market players during the forecast period.

MARKET SCOPE

The "Global Acrylate Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of acrylate market with detailed market segmentation by type, application, and geography. The global acrylate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acrylate market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global acrylate market is segmented on the basis of type and application. Based on type, the market is segmented as butylacrylate, ethylacrylate, ethylhexylacrylate, and methylacrylate. On the basis of the application the market is segmented as paints & coatings, plastics, adhesives & sealants, fabrics, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global acrylate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The acrylate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting acrylate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the acrylate market in these regions. 

World Geography

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MARKET PLAYERS

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global acrylate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The acrylate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting acrylate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the acrylate market in these regions. 

MARKET PLAYERS

The reports cover key developments in the acrylate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from acrylate market are anticipated to lucrative growth opportunities in the future with the rising demand for acrylate in the global market. Below mentioned is the list of few companies engaged in the acrylate market.

The report also includes the profiles of key acrylate companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

  • Air Liquide
  • Arkema Group
  • BASF SE
  • Evonik Industries AG
  • LG Chem Ltd.
  • Mitsubishi Chemical Corporation
  • NIPPON SHOKUBAI CO., LTD.
  • Sasol Limited
  • SIBUR
  • Wanhua Chemical Group Co., Ltd.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Acrylate Market - By Type
1.3.2 Acrylate Market - By Application
1.3.3 Acrylate Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. ACRYLATE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. ACRYLATE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6. ACRYLATE MARKET - GLOBAL MARKET ANALYSIS
6.1. ACRYLATE - GLOBAL MARKET OVERVIEW
6.2. ACRYLATE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. ACRYLATE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. BUTYLACRYLATE
7.3.1. Overview
7.3.2. Butylacrylate Market Forecast and Analysis
7.4. ETHYLACRYLATE
7.4.1. Overview
7.4.2. Ethylacrylate Market Forecast and Analysis
7.5. ETHYLHEXYLACRYLATE
7.5.1. Overview
7.5.2. Ethylhexylacrylate Market Forecast and Analysis
7.6. METHYLACRYLATE
7.6.1. Overview
7.6.2. Methylacrylate Market Forecast and Analysis
8. ACRYLATE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PAINTS AND COATINGS
8.3.1. Overview
8.3.2. Paints and Coatings Market Forecast and Analysis
8.4. PLASTICS
8.4.1. Overview
8.4.2. Plastics Market Forecast and Analysis
8.5. ADHESIVES AND SEALANTS
8.5.1. Overview
8.5.2. Adhesives and Sealants Market Forecast and Analysis
8.6. FABRICS
8.6.1. Overview
8.6.2. Fabrics Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis

9. ACRYLATE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Acrylate Market Overview
9.1.2 North America Acrylate Market Forecasts and Analysis
9.1.3 North America Acrylate Market Forecasts and Analysis - By Type
9.1.4 North America Acrylate Market Forecasts and Analysis - By Application
9.1.5 North America Acrylate Market Forecasts and Analysis - By Countries
9.1.5.1 United States Acrylate Market
9.1.5.1.1 United States Acrylate Market by Type
9.1.5.1.2 United States Acrylate Market by Application
9.1.5.2 Canada Acrylate Market
9.1.5.2.1 Canada Acrylate Market by Type
9.1.5.2.2 Canada Acrylate Market by Application
9.1.5.3 Mexico Acrylate Market
9.1.5.3.1 Mexico Acrylate Market by Type
9.1.5.3.2 Mexico Acrylate Market by Application
9.2. EUROPE
9.2.1 Europe Acrylate Market Overview
9.2.2 Europe Acrylate Market Forecasts and Analysis
9.2.3 Europe Acrylate Market Forecasts and Analysis - By Type
9.2.4 Europe Acrylate Market Forecasts and Analysis - By Application
9.2.5 Europe Acrylate Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Acrylate Market
9.2.5.1.1 Germany Acrylate Market by Type
9.2.5.1.2 Germany Acrylate Market by Application
9.2.5.2 France Acrylate Market
9.2.5.2.1 France Acrylate Market by Type
9.2.5.2.2 France Acrylate Market by Application
9.2.5.3 Italy Acrylate Market
9.2.5.3.1 Italy Acrylate Market by Type
9.2.5.3.2 Italy Acrylate Market by Application
9.2.5.4 United Kingdom Acrylate Market
9.2.5.4.1 United Kingdom Acrylate Market by Type
9.2.5.4.2 United Kingdom Acrylate Market by Application
9.2.5.5 Russia Acrylate Market
9.2.5.5.1 Russia Acrylate Market by Type
9.2.5.5.2 Russia Acrylate Market by Application
9.2.5.6 Rest of Europe Acrylate Market
9.2.5.6.1 Rest of Europe Acrylate Market by Type
9.2.5.6.2 Rest of Europe Acrylate Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Acrylate Market Overview
9.3.2 Asia-Pacific Acrylate Market Forecasts and Analysis
9.3.3 Asia-Pacific Acrylate Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Acrylate Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Acrylate Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Acrylate Market
9.3.5.1.1 Australia Acrylate Market by Type
9.3.5.1.2 Australia Acrylate Market by Application
9.3.5.2 China Acrylate Market
9.3.5.2.1 China Acrylate Market by Type
9.3.5.2.2 China Acrylate Market by Application
9.3.5.3 India Acrylate Market
9.3.5.3.1 India Acrylate Market by Type
9.3.5.3.2 India Acrylate Market by Application
9.3.5.4 Japan Acrylate Market
9.3.5.4.1 Japan Acrylate Market by Type
9.3.5.4.2 Japan Acrylate Market by Application
9.3.5.5 South Korea Acrylate Market
9.3.5.5.1 South Korea Acrylate Market by Type
9.3.5.5.2 South Korea Acrylate Market by Application
9.3.5.6 Rest of Asia-Pacific Acrylate Market
9.3.5.6.1 Rest of Asia-Pacific Acrylate Market by Type
9.3.5.6.2 Rest of Asia-Pacific Acrylate Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Acrylate Market Overview
9.4.2 Middle East and Africa Acrylate Market Forecasts and Analysis
9.4.3 Middle East and Africa Acrylate Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Acrylate Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Acrylate Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Acrylate Market
9.4.5.1.1 South Africa Acrylate Market by Type
9.4.5.1.2 South Africa Acrylate Market by Application
9.4.5.2 Saudi Arabia Acrylate Market
9.4.5.2.1 Saudi Arabia Acrylate Market by Type
9.4.5.2.2 Saudi Arabia Acrylate Market by Application
9.4.5.3 U.A.E Acrylate Market
9.4.5.3.1 U.A.E Acrylate Market by Type
9.4.5.3.2 U.A.E Acrylate Market by Application
9.4.5.4 Rest of Middle East and Africa Acrylate Market
9.4.5.4.1 Rest of Middle East and Africa Acrylate Market by Type
9.4.5.4.2 Rest of Middle East and Africa Acrylate Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Acrylate Market Overview
9.5.2 South and Central America Acrylate Market Forecasts and Analysis
9.5.3 South and Central America Acrylate Market Forecasts and Analysis - By Type
9.5.4 South and Central America Acrylate Market Forecasts and Analysis - By Application
9.5.5 South and Central America Acrylate Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Acrylate Market
9.5.5.1.1 Brazil Acrylate Market by Type
9.5.5.1.2 Brazil Acrylate Market by Application
9.5.5.2 Argentina Acrylate Market
9.5.5.2.1 Argentina Acrylate Market by Type
9.5.5.2.2 Argentina Acrylate Market by Application
9.5.5.3 Rest of South and Central America Acrylate Market
9.5.5.3.1 Rest of South and Central America Acrylate Market by Type
9.5.5.3.2 Rest of South and Central America Acrylate Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. ACRYLATE MARKET, KEY COMPANY PROFILES
11.1. AIR LIQUIDE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ARKEMA GROUP
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BASF SE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EVONIK INDUSTRIES AG
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. LG CHEM LTD.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. MITSUBISHI CHEMICAL CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. NIPPON SHOKUBAI CO., LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SASOL LIMITED
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SIBUR
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WANHUA CHEMICAL GROUP CO., LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS

The List of Companies

  • Air Liquide
  • Arkema Group
  • BASF SE
  • Evonik Industries AG
  • LG Chem Ltd.
  • Mitsubishi Chemical Corporation
  • NIPPON SHOKUBAI CO., LTD.
  • Sasol Limited
  • SIBUR
  • Wanhua Chemical Group Co., Ltd.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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