Overview
Polyacrylate Market is forecast
to reach $2.28 billion by 2025, after growing at a CAGR of 5.95% during
2020-2025. Increasing global population along with growing disposable
incomes have contributed to growth in various end-use industries, including Polyacrylate
market growth. The demand for Polyacrylate has driven the increase in
construction activities in many countries, especially the developing countries
and the renovation of older structures coupled with consumer demand for highly
featured coatings. Further, enhance the overall market demand for Polyacrylate
during the forecast period. The report covers Polyacrylate Market size by product and applications, Polyacrylate Market share by top 5 companies and also the market share by start-ups during the forecast period.
Report Coverage
The report: “Polyacrylate Market – Forecast (2020-2025)”, by IndustryARC, covers
an in-depth analysis of the following segments of the Polyacrylate Market.
Key Takeaways
- Polyacrylate is widely used as a cosmetic adhesive and the increasing demand for cosmetic products will also rapidly increase the demand for Polyacrylate.
- Fast-growing paints and coating industry, Polyacrylate is used in powder coating applied for appliances and automotive parts. Further, enhance the market demand for Polyacrylate during the forecast period.
- The huge growth of paints & coatings, adhesives and textile industries mainly drives the global Polyacrylate market. Because of its excellent features, this polymer is used in versatile applications.
Type - Segment Analysis
Poly (Methyl Acrylate) segment held the largest share in the Polyacrylate Market in 2018. This polymer is high transparency, good impact toughness, elasticity, good weatherability and ozone resistance when compared to other types of Polyacrylate
Application - Segment Analysis
The adhesives segment
has been the primary market for Polyacrylate is growing at a CAGR of XX%. Acrylic
adhesives are rapid-setting adhesives, which can be used in water-based
formulations and solvent-based adhesives. Due to their strength, acrylic esters
adhesives are widely used in building and construction applications and a
unique variation is commonly used for the bonding of implant prostheses to bones.
Such products cover a wide range of applications in the sectors of health and
medical, appliances and automotive manufacturing. The benefits of acrylic
adhesives differ compared to others because they even work on contaminated
surfaces efficiently.
Geography - Segment Analysis
APAC dominated the Polyacrylate
Market with a share of more than 28.1%, followed by North America and Europe. The economy of
APAC is mainly influenced by the economic dynamics of countries such as China
and India, but with growing foreign direct investment for the economic development
of South East Asia, the current scenario is changing. Countries in South East
Asia is witnessing high growth. Due to fast economic growth in India and
China, a change in sector trends is noted. With many Asia-Pacific nations still
mainly rural, economic growth is set to promote continuing urbanization. In
addition, population growth in these nations is anticipated to increase demand
for the end-use industry, which in turn is projected to drive the Polyacrylate Market
during the forecast period. India is likely to witness a USD 1.3 trillion
investment in housing over the next seven years, where the country is likely to
see 60 million new homes being built. It is anticipated that the supply of
affordable housing in India will increase by about 70% by 2024. The' Housing
for All by 2022' of the Indian government scheme is a major game-changer for the
industry. All these factors attribute to the market growth of the market.
Drivers – Polyacrylate Market
- Increasing use in Water-Borne Paints & Coatings
Most of the water-borne paints & coatings segment is formed by Polyacrylate resins. These are used in architectural surface coatings Moreover, the market for water-borne coating is rising consistent worldwide with the increasing use of the water-borne coating in their products by a large number of automobile manufacturers, for example Hyundai, Toyota, and Honda. In addition, the Government of China is imposing taxes on liquid coatings that do not meet the VOC emission requirements, thus increasing demand and use of eco-friendly coatings (which include a significant share of water-borne coating). In addition, the use of acrylic polymers in high-temperature applications improve the demand as they are cost-effective and alternatives to fluorocarbon polymers and silicones.
Challenges – Polyacrylate Market
- Availability of Biodegradable Alternatives like Thermal Polyaspartate
Polyacrylate is nontoxic and
environmentally benign, but it is not biodegradable. Because it is widely used
for many applications, it poses an environmental problem from a landfill perspective.
When Polyacrylate is used as an antiscalant or a dispersant, it becomes part of
wastewater. Polyacrylate is nonvolatile and not biodegradable, so the only way
to remove it from the water is to precipitate it as an insoluble sludge.
Polyaspartate has similar properties to the Polyacrylate and so it can be used
as a dispersant, or an antiscalant, or a super absorber. Polyaspartate is biodegradable.
Market Landscape
Technology launches, acquisitions, and R&D
activities are key strategies adopted by players in the Polyacrylate market. In
2018, the market of Polyacrylate has been consolidated by the top five players
accounting for xx% of the share. Major players in the Polyacrylate Market are BASF
SE, Evonik Industries AG, Lucite International, LG Chem Ltd., DowDupont, Arkema
S.A., Kao Corporation,
Nippon Shokubai Co. Ltd., Sanyo Chemical, and RSD Polymers Pvt Ltd., among
others.
Acquisitions/Technology Launches
- In February 2018, The Commission Delegated Regulation 2018/122 has amended various provisions of the existing Regulation 1007/2011, which serves as the framework law for textile fiber names and related labeling and marking in the European Union.
- In January 2016, Arkema introduced a new tie layer resin, Orevac 18362, which has excellent clarity and high adhesion to EVOH barrier films and polyamides.
1.1 Definitions and Scope
2. Polyacrylate Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Polyacrylate Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Polyacrylate Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Polyacrylate Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Polyacrylate Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Polyacrylate Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Polyacrylate Market - By Product (Market Size -$Million / $Billion)
10. Polyacrylate - By Application (Market Size -$Million / $Billion)
11.1 Polyacrylate Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Polyacrylate- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Polyacrylate- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Polyacrylate - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong Kong
11.8.5.9 Rest of APAC
11.9 Polyacrylate - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Polyacrylate Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Polyacrylate Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at a global level - Top 10 companies
13.1.6 Best Practises for companies
14. Polyacrylate Market - Key Company List by Country Premium
15. Polyacrylate Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Arkema
15.3 Basf Se
15.4 Dowdupont
15.5 Evonik Industry Ag
15.6 Kao Corporation
15.7 Lg Chem Ltd
15.8 Lucite International
15.9 Nippon Shokubai Co Ltd
15.10 Rsd Polymer Pvt Ltd
15.11 Sanyo Chemical
15.12 Sumitomo Seika Chemical
15.13 Yixing Danson
15.14 Company 13
15.15 Company 14 & More
16.1 Abbreviations
16.2 Sources
17. Polyacrylate Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends