Polyacrylate Market - Forecast(2024 - 2030)

Report Code: CMR 93730 Report Format: PDF + Excel

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. Polyacrylate Market - Overview
        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 / $Billion)
8.1 Poly(Ethyl Acrylate)
8.2 Poly(Methyl Acrylate)
8.3 Poly(Butyl Acrylate)
8.4 Others
9. Polyacrylate Market - By Type (Market Size -$Million / $Billion)
10. Polyacrylate - By Application (Market Size -$Million / $Billion)
10.1 Adhesives
10.2 Paints & Coatings
10.3 Dispersants
10.4 Others
11. Polyacrylate- By Geography (Market Size -$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
*Financials would be provided on a best efforts basis for private companies
16. Polyacrylate Market - Appendix
        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