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Acrylic Esters Market: New Revenue Pockets
The global market for acrylic esters is growing at a CAGR of 6.3% in terms of value, with Asia-Pacific leading in terms of consumption, followed by North America and Europe. The Acrylic esters industry is segmented by its types, applications and region. Surface coatings application consumes the major share of acrylic esters produced globally. In terms of volume, the acrylic esters market is growing at a CAGR of 4.9% between 2014 and 2019.
This report follows both top-down and bottom-up approaches to estimate and forecast the global acrylic esters market by volume and value. This report focuses on the global acrylic esters market by its type, application and region.
Favorable expansions of existing sites, new product developments and increasing demand for super absorbent polymers makes Asia-Pacific an attractive market for acrylic esters. Asia-Pacific is the fastest growing market for acrylic esters across the world, followed by North America and Europe. China is the world’s largest consumer for acrylic esters products. Moreover, China and India are the fastest growing countries around the world between 2014 and 2019.
Commercialization of the production of bio-based acrylic esters is also expected to present opportunities, supported by favorable growth in number of applications of super absorbent polymers, the overall acrylic esters market remains attractive for coming years.
The top countries in terms of consumption of Acrylic esters are U.S., China, Japan, Germany, etc.
Acrylic Esters Market by Type (Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-EH Acrylate) by Application (Surface Coatings, Adhesives & Sealants, Plastic additives, Detergents, Textiles) - Trends & Forecasts to 2019
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