Title: Acrylate Market -Forecast ( 2021-2026)
1Acrylate MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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- Acrylate Market size is expected to be valued at
US10.6 billion by the end of the year 2026 and
the acrylate industry is set to grow at a CAGR of
6.7 during the forecast period from 2021-2026. - The increasing adoption of acrylic emulsions in
paints and coatings owing to the enhanced
properties of acrylic emulsion such as short
drying time, wear and water resistance,
environmental friendliness. - Resistance to algae and fungi, abrasion
resistance, wash-ability and others is one of the
major factors driving the demand for Acrylate
Market.
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- Key Takeaways
- Asia-Pacific market held the largest share in the
Acrylate Market owing to the increasing
population coupled with the growing demand for
personal care products in countries like China,
India, Japan and South Korea. - The growing demand for products such as acrylate
emulsions and acrylate copolymer for use in
products such as paint coatings and personal
care industry is highly driving the growth of the
Acrylate Market. - The increase in the use of styrene acrylic resin
in application of adhesives and sealants in
various key-use industries such as building
construction, paint coatings and other
industries is driving the demand for Acrylate
Market.
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Acrylate Market Segment Analysis By
Geography Asia-Pacific region held the largest
share of 42 in the Acrylate Market in the year
2020. The increase in application of acrylates in
adhesives and sealants, painting and coatings and
other related products is driving the demand for
Acrylate Market in the Asia Pacific region.
Furthermore, the growing awareness and
consciousness about physical appearances and body
grooming is driving the demand for personal care
products such as skin care and hair care products
in the Asia-Pacific region. According to
Cosmetics Europe, the personal care association
in Europe, the cosmetics market of the major
countries like China, India, South Korea and
Japan of Asia Pacific region amounted to
US123.34 billion in the year 2019.
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- Acrylate Market Industry Outlook
- Nippon Shokubai CO. LTD.
- Mitsubishi Chemical Corporation
- SIBUR
- BASF SE
- Evonik Industries
- Arkema
- The Dow Chemical Company
- LG Chem
- SASOL Limited
- Formosa Petrochemical Corporation
- Wanhua Chemical Group Co., Ltd.
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Acrylate Market Forecast ( 2022-2027) Learn
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.com/Research/Acrylate-Market-Research-500068
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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