Dublin, Feb. 24, 2022 (GLOBE NEWSWIRE) -- The "Butyl Acrylate Market Forecast to 2028 - COVID-19 Impact and Global Analysis" report has been added to ResearchAndMarkets.com's offering.
The market is projected to reach $4,608.06 million by 2028 from $3,356.74 million in 2021; it is expected to register a CAGR of 4.6% from 2021 to 2028.
Growing investment in the building & construction sector and increasing sales of the automotive industry are the key factors attributed to the growth of the butyl acrylate market over the forecast period. In addition, the rise in the need for water-based coatings is augmenting the market growth over the forecast period.
Based on application, the butyl acrylate market is segmented into paints and coatings, adhesives and sealants, chemical synthesis, plastic additives, textiles, and others. The paints and coatings segment is anticipated to grow, owing to the growing investment in automotive and building & construction industries. The growth of the adhesives and sealants segment is attributed to its broad scope of application in the automotive industry for heat exchanger sealing, core plug sealing, automotive hose bonding, and filter end cap bonding. It is also used in the electronic industry for various applications such as switches and relays, potting and sealing electrical components, sensors, and bonding electric motors.
The butyl acrylate market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. Asia Pacific countries such as Australia, China, India, and Japan have many manufacturing industries, including automotive, building & construction, paper & pulp, and textile. China is the largest consumer of butyl acrylate, owing to the increasing usage of paints, coatings, sealants, and adhesives from the building and construction industry. The growth of the butyl acrylate market in APAC can be attributed to the rising investment in building and construction projects, including smart cities, sustainable infrastructure, and commercial complexes in India, China, and Japan.
The key players operating in the global Butyl Acrylate market include EXXON MOBIL CORPORATION; Arkema; Mitsubishi Chemical Corporation; OSWAL UDHYOG; NIPPON SHOKUBAI CO., LTD.; Indenta Chemicals Pvt. Ltd.; TCI Chemicals Pvt. Ltd.; Wanhua Chemical Group Co., Ltd.; LyondellBasell Industries Holdings B.V.; and Sasol.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the butyl acrylate market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Butyl Acrylate Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Intensity of Competitive Rivalry
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. Butyl Acrylate Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Construction Sector
5.1.2 Rising demand for Coatings from the Automotive Industry
5.2 Market Restraints
5.2.1 Health Hazard and Regulations
5.3 Market Opportunities
5.3.1 Rising Demand for Paints and Coatings for Road Infrastructure
5.4 Future Trends
5.4.1 Adoption of Sustainable Development Methods
5.5 Impact Analysis of Drivers and Restraints
6. Butyl Acrylate - Global Market Analysis
6.1 Butyl Acrylate Market Overview
6.2 Butyl Acrylate Market -Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Butyl Acrylate Market Players
7. Butyl Acrylate Market Analysis - By Application
7.1 Overview
7.2 Butyl Acrylate Market, By Application (2020 and 2028)
7.3 Paints and Coatings
7.3.1 Overview
7.3.2 Paints and Coatings: Butyl Acrylate Market - Revenue and Forecast To 2028 (US$ Million)
7.4 Adhesives and Sealants
7.4.1 Overview
7.4.2 Adhesives and Sealants: Butyl Acrylate Market - Revenue and Forecast To 2028 (US$ Million)
7.5 Chemical Synthesis
7.5.1 Overview
7.5.2 Chemical Synthesis: Butyl Acrylate Market - Revenue and Forecast To 2028 (US$ Million)
7.6 Plastic Additives
7.6.1 Overview
7.6.2 Plastic Additives: Butyl Acrylate Market - Revenue and Forecast To 2028 (US$ Million)
7.7 Textiles
7.7.1 Overview
7.7.2 Textiles: Butyl Acrylate Market - Revenue and Forecast To 2028 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others: Butyl Acrylate Market - Revenue and Forecast To 2028 (US$ Million)
8. Butyl Acrylate Market - Geographic Analysis
9. Impact of COVID-19: Butyl Acrylate Market
9.1 Overview - Impact of COVID-19
9.2 North America: Impact Assessment of COVID-19 Pandemic
9.3 Europe: Impact Assessment of COVID-19 Pandemic
9.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
9.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
9.6 South America: Impact Assessment of COVID-19 Pandemic
10. Company Profiles
10.1 EXXON MOBIL CORPORATION
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Arkema
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Mitsubishi Chemical Corporation
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 OSWAL UDHYOG
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 NIPPON SHOKUBAI CO., LTD.
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Indenta Chemicals Pvt. Ltd.
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 TCI Chemicals Pvt. Ltd.
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Products and Services
10.7.4 Financial Overview
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Wanhua Chemical Group Co., Ltd.
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Products and Services
10.8.4 Financial Overview
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 LyondellBasell Industries Holdings B.V.
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Products and Services
10.9.4 Financial Overview
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 SASOL
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Products and Services
10.10.4 Financial Overview
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/v4x82p
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