Albany, NY -- (SBWIRE) -- 11/01/2018 -- ResearchMoz.us announced the addition of a new research report its repository that sheds light on the global butyl acrylate market. The research report, titled "Butyl Acrylate Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026", provides a detailed analysis of the strengths, weaknesses, threats, and opportunities impacting the overall market dynamics. The publication has been collated using primary and secondary research methodologies that are aimed at offering the readers a precise and accurate account of the trajectory of the global butyl acrylate market. The report includes comments and suggestions by market experts to help the readers achieve a holistic picture of the global market for butyl acrylate market.
Butyl acrylate is an important acrylic monomer that belongs to the acrylic esters group. Its primary purpose is to enhance performance of polymers. Butyl acrylate monomers lend properties such as heat resistance, color stability, resistance to aging, low temperature flexibility, and acid and base resistance. In addition to these, the monomer is also known to improve durability, tackiness, hardness, and temperature resistance to varying degrees of materials it is added to. Thus, they are used in a wide range of adhesives and sealants, paints and coatings, plastic additives, textiles, and paper treatment.
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On the basis of application, the global butyl acrylate is segmented into paints and coatings, adhesives and sealants, plastic additives, chemical synthesis, textiles, and others such as pulp and paper applications and leather processing. In the coming years butyl acrylate will be extensively used in production of industrial textile materials and apparel. The report points out that as of 2017, paints and coatings segment was a significant consumer of butyl acrylate. The rise of construction industry is expected to augment the demand for butyl acrylate in the coming years, predicts report.
Geographically, the global butyl acrylate market is segmented into North America, Europe, Latin America, the Middle East and Africa, and Asia Pacific. Out of these, Asia Pacific butyl acrylate market is expected to dominate the global market as emerging economies such as China invests in expanding its manufacturing capabilities. Rise of construction and automotive industries across developing countries of India and China are projected to spike the uptake of butyl acrylate in the coming years. On the other hand, North America is also expected to be a prominent regional market as it boasts strong presence of manufacturers.
The leading players operating in the global butyl acrylate market ARKEMA S.A., SunVic Chemical Holdings Corporation, NIPPON SHOKUBAI CO., LTD, DOWDUPONT INC., BASF S.E, LG CHEM LTD., Mitsubishi Chemical Corporation, and TAOGOSEI CO., LTD. The research report offers a detailed understanding of the competitive landscape present in the global market for butyl acrylate. It assesses the product portfolio and makes a note the product innovation that these vendors are investing in. The publication includes Porter's five forces analysis, which precisely explains the power of buyers and suppliers. The report is a 360-degree view of the global butyl acrylate market and is aimed at helping the readers reach a well-informed business decision.