APAC Acrylic Monomers Market - Industry Trends and Forecast to 2030
Asia-Pacific acrylic monomers market is expected to reach USD 3,056,981.68 thousnad by 2030 from USD 2,205,863.90 million in 2022, growing at a CAGR of 4.3% during the forecast period of 2023 to 2030.
Market SegmentationAsia-Pacific Acrylic Monomers Market, By Product (Acrylamide and Methacrylamide, Acrylate, Acrylic Acids and Salts, Acrylonitrile, Bisphenol Acrylics, Carbohydrate monomers, Fluorinated Acrylics, Malemide, Polyfunctional Acrylics, and Others), Application (Plastic, Adhesives and Sealants, Synthetic Resins, Acrylic Fibers, Building materials, Fabrics, Acrylic Rubber, and Others), End Use (Paints and Coatings, Building and Construction, Automotive, Consumer Goods, Packaging, Water Treatment, Marine, Aerospace, and Others), Country (China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific) - Industry Trends and Forecast to 2030
Overview of Asia-Pacific Acrylic Monomers Market Dynamics
Drivers
• High adoption in the development of adhesives and sealants
• Increasing spending in the construction sector
Restraint
• Availability of alternative materials and technologies
Opportunity
• Immense potential in the water treatment industry
Market PlayersSome of the major market players operating in the Asia-Pacific acrylic monomers market are:• Pallav Chemicals
• Chirag Enterprise
• DHALOP CHEMICALS
• B JOSHI AGROCHEM PHARMA
• BASF SE
• Arkema
• Mitsubishi Chemical Group Corporation
• DOW
• LG Chem
• Evonik Industries AG
• NIPPON SHOKUBAI CO., LTD.
• Bharat Petroleum Corporation Limited
• LobaChemie Pv.t Ltd.
• Solventis
• Tokyo Chemical Industries CO., Ltd.
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