Global Ethyl Acrylate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Ethyl Acrylate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Market Overview:

The latest research study on the global Ethyl Acrylate market finds that the global Ethyl Acrylate market reached a value of USD 524.09 million in 2022. It’s expected that the market will achieve USD 644.34 million by 2028, exhibiting a CAGR of 3.5% during the forecast period.

Strength

Ethyl acrylate has color stability and transparency, high thermal stability, good weather resistance and oil resistance
Ethyl acrylate is compatible with all olefin polymers and is often mixed with these olefins to change properties.

Weakness

Possible health risks
Possibility of harm to the environment
High raw material cost

Opportunities

The emerging commercialization of bio-based ethyl acrylate creates growth opportunities for the market
The development of downstream applications drives the demand for ethyl acrylate

Threat

The fluctuation of the raw material acrylic acid price brings challenges to the development of the ethyl acrylate industry
The development of alternative products threatens the market of ethyl acrylate
Regulatory policies for the ethyl acrylate industry

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

BASF is one of the major players operating in the Ethyl Acrylate market, holding a share of 13.67% in 2021.

BASF is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas.

Dow Inc. produces and distributes chemical products. The Company manufactures and supplies chemicals for liquid injection molding, architecture fabrication, leather, textiles, automobiles, rubber consumer goods, and food industries. Dow serves customers worldwide.

Segmentation Overview:

Among different product types, Adhesive Industry segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Thickeners and Adhesives segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Ethyl Acrylate market covered in Chapter 3:

Dow Inc.
Toagosei
Sibur
Sasol Limited
Mitsubishi Chemical
Jiangsu Jurong Chemicals
BASF
LG Chem Ltd.
Arkema
Shanghai Huayi
Nippon Shokubai
Zhejiang Satellite Petrochemical
Wanhua Chemical Group

In Chapter 4 and Chapter 14.2, on the basis of types, the Ethyl Acrylate market from 2018 to 2029 is primarily split into:

Textile Industry
Paints and Coatings Industry
Adhesive Industry
Plastics Industry
Leather Industry
Paper Industry
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Ethyl Acrylate market from 2018 to 2029 covers:

Thickeners and Adhesives
Plastic Additives
Coating Materials
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)