March 31, 2020

Acrylate Market is estimated to grow with a CAGR of 6.3% during the forecast period from 2018 to 2026

According to the latest report published by Credence Research, Inc. “Global Acrylate Market – Growth, Future Prospects, and Competitive Analysis, 2018-2026,” The global acrylate market accounted to US$ 7,280 million in 2017 and is expected to reach US$ 12,616 million by 2026, increasing to CAGR by 6.3 percent from 2018 to 2026.

Market Insights

The global acrylate market is expected to reach US$ 7,280 million in 2017 and is expected to reach US$ 12,616 million by 2026, increasing CAGR by 6.3 percent from 2018 to 2026. The global acrylate market has seen a higher growth rate in recent years and is expected to reach a significant market size in the coming years. Increased end-use industries and applications of acrylate have strengthened the growth of the global market for acrylates over the last few years. Acrylate materials have very useful properties, such as brilliance, flexibility, and hardness, which are very useful in a wide range of applications in various end-use industries.

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The acrylate market is highly fragmented due to the presence of various large and small companies. Major players undertake extensive R&D programs to standardize their products, while small companies supply a handful of specialty products to end-users. In the global acrylate market, suppliers compete in terms of product differentiation, price, promotion, and distribution. Competition in the market was projected to intensify, among others, by increasing consumer awareness and product innovations.

The global acrylate market is segmented by applications in Paints & Coatings, Adhesives & Sealants, Chemical Synthesis, Plastic Additives, Textiles and Others (Paper & Pulp, Leather Processing, etc.). Among the segments considered, packaging dominated the market in terms of revenue contribution, followed by chemical synthesis and plastic additives. In addition, the packaging segment is expected to record a significant CAGR during the forecast period.

The Global Acrylate Market is segmented into:

Based on geographical distribution, the global acrylate market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In the base year 2017, Asia Pacific was observed as the largest market for acrylate and furthermore expected to witness the highest CAGR in upcoming years owing to the presence of developing economies such as China, Japan, and India.

Globally acrylates manufacturers are concentrated in the Asia Pacific and Europe regions. Arkema, BASF SE, Evonik Industries, Formosa Petrochemical Corporation, LG Chem, Mitsubishi Chemical Corporation, Nippon Shokubai Co. Ltd., SASOL Ltd., SIBUR and The Dow Chemical Company are few major manufacturers in the global acrylate market.

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 [Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Report Scope by Segments

 By Product Type Segment

 • Butyl Acrylate

 • Ethyl Acrylate

 • Methyl Acrylate

 • 2- Ethyl Hexyl Acrylate

 By Application Segment

 • Paints & Coatings

 • Adhesives & Sealants

 • Chemical Synthesis

 • Plastic Additives

 • Textiles

 • Others (Paper & Pulp, Leather Processing, etc.)

 By End-Use Segment

 • Packaging

 • Consumer Goods

 • Building & Construction

 • Automotive

 • Others

By Geography Segment

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

Key questions answered in this report

  • What are the current market trends in the acrylate market and valuable opportunities for the players?
  • How the regulations affect global as well as the regional markets?
  • Which are the prominent and recent innovations in the market?
  • Which is the most lucrative region for investment?
  • What is the market size and trends in emerging markets?
  • Which are the major product types of acrylate and their market sizes?
  • Which are the leading players and their market position?

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