LeapZipBlog: Steve Blade's blog: Acrylic Monomers Market to Showcase Vigorous Demand during the Period until 2028

Acrylic Monomers Market to Showcase Vigorous Demand during the Period until 2028

April 17, 2019 by Steve Blade  

The Acrylic Monomers Market is projected to grow from 2018 to 2028, due to the increased demand for acrylic monomers in various industries such as automotive, coating, construction, and textiles. The demand for acrylic monomers is expected to increase in the coating and painting industry, due to the growing infrastructure and improvements in the standard of living of people.

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Acrylic monomers are used to form acrylate polymers that have a similar structure to acrylic acid. Acrylic monomers contain carboxylic acid and vinyl groups. Acrylic monomers are used to prepare a lot of products, from paints to fake eyeballs, and even logos. Some acrylic monomers can be used to form hydrophobic polymers, and these hydrophobic polymers mix very well with water. Acrylic monomers are types of compounds that include acrylic acid, and the related compound is called acrylates. The compound which is called acrylic is basically a polymer or acrylate or acrylic acid. Acrylic monomers are very highly reactive chemicals. Acrylic monomer liquids are mostly used in polymer powder to form long-lasting acrylic nails. Acrylic monomers contain ethyl methacrylate (EMA), due to their rapid implementation, maximum strength, and superior adhesion property. Acrylic monomer products also contain plasticizers and UV inhibitors, and are mostly used for preparing more flexible and durable nails. Due to their superior properties, acrylic monomers are mostly used in the textile, construction, painting, and automotive industries. Acrylic monomers are also used for to prepare various cosmetic products and the composition of acrylic monomers provides the unique soft ness in the cosmetic product. The properties of acrylic monomers are mostly used in the manufacturing of all kind of skin care products such as gels or emulsions to cover wrinkles and fine lines. Acrylic monomers are basically used in the cosmetic product manufacturing in more than 20 years due to its versatile applications and properties. The combination of acrylic monomers compounds provides soft feel on the skin, unique textures and it can also be used in the make-up and skincare innovative product formulations. Some examples of acrylic monomers are 2-ethylhexyl acrylate, butyl acrylate, methyl acrylate, TMPTA, methyl acrylate, ethyl acrylate, 2-chloroethyl vinyl ether, and hydroxyethyl methacrylate. Acrylic monomers are mostly used for paints and coating applications. Acrylic monomers are also widely used for printing ink, adhesives, and sealants, and in many other different applications.

Acrylic Monomers Market: Market Dynamics

The demand for acrylic monomers in the U.S., Germany, China, India, and Japan is rising, because these countries consume significant amounts of acrylic monomers due to the growing various end-use industries such as textiles, automotive, coating, construction, and infrastructure development activities. The demand for acrylic monomers in North America and Asia is expected to increase due to the growing coating and construction industry, infrastructure, development, and new technology innovation in the coming years.

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The North American prominently generate revenue in acrylic monomer market in 2017. Europe is projected to be the prominent revenue generating region in phosphorus based catalyst market by 2028. Due to growing economies, increasing standard of living, and infrastructure development in China, India, and other parts of Asia Pacific, the acrylic monomers market in these regions is expected to increase during the forecast period.  Other regions such as Africa and Middle East are growing markets for acrylic monomers.

Acrylic Monomers Market: Key Participants-

Some of the major key players in the acrylic monomers market are:

  • Hitachi Chemical Co. Ltd
  • New Japan Chemical Co Ltd.
  • The Dow Chemical Company
  • Arkema S.A.
  • Evonik Industries AG
  • Kuraray Co. Ltd
  • New Japan Chemical Co Ltd.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, end user, product type, and application.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends and Issues and Challenges
  • Competition & Companies Involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest Of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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