Butyl Acrylate Trends and Forecast
The future of the global butyl acrylate market looks promising with opportunities in the paints & coatings, adhesives & sealants, chemical synthesis, plastic additives, and textiles markets. The global butyl acrylate market is expected to grow with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are increasing demand from the automotive industry and growing adoption of sustainable manufacturing processes along with surging demand in the petrochemical sector.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Butyl Acrylate by Segment
The study includes a forecast for the global butyl acrylate by product type, purity, application, and region.
Butyl Acrylate Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• I-Butyl Acrylate
• N-Butyl Acrylate
• T-Butyl Acrylate
Butyl Acrylate Market by Purity [Shipment Analysis by Value from 2018 to 2030]:
• High Purity
• Common Purity
Butyl Acrylate Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Paints & Coatings
• Adhesives & Sealants
• Chemical Synthesis
• Plastic Additives
• Textiles
• Others
Butyl Acrylate Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Butyl Acrylate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies butyl acrylate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the butyl acrylate companies profiled in this report include-
• BASF
• Arkema
• Dow
• Evonik Industries
• SIBUR
• LG Chem
• SASOL
Butyl Acrylate Market Insights
Lucintel forecasts that high purity is expected to witness the higher growth over the forecast period due to its superior properties like higher clarity and gloss, enhance stability and durability, and improve processability.
Within this market, paints & coatings will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to rapid urbanization and growing investment in the construction and automotive industries.
Features of the Global Butyl Acrylate Market
Market Size Estimates: Butyl acrylate market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Butyl acrylate market size by product type, purity, application, and region in terms of value ($B).
Regional Analysis: Butyl acrylate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, purity, applications, and regions for the butyl acrylate market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the butyl acrylate market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for butyl acrylate market?
Answer: The global butyl acrylate market is expected to grow with a CAGR of 5.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the butyl acrylate market?
Answer: The major drivers for this market are increasing demand from the automotive industry and growing adoption of sustainable manufacturing processes along with surging demand in the petrochemical sector.
Q3. What are the major segments for butyl acrylate market?
Answer: The future of the butyl acrylate market looks promising with opportunities in the paints & coatings, adhesives & sealants, chemical synthesis, plastic additives, and textiles markets.
Q4. Who are the key butyl acrylate market companies?
Answer: Some of the key butyl acrylate companies are as follows:
• BASF
• Arkema
• Dow
• Evonik Industries
• SIBUR
• LG Chem
• SASOL
Q5. Which butyl acrylate market segment will be the largest in future?
Answer: Lucintel forecasts that high purity is expected to witness the higher growth over the forecast period due to its superior properties like higher clarity and gloss, enhance stability and durability, and improve processability.
Q6. In butyl acrylate market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid urbanization and growing investment in the construction and automotive industries.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the butyl acrylate market by product type (i-butyl acrylate, n-butyl acrylate, and t-butyl acrylate), purity (high purity and common purity), application (paints & coatings, adhesives & sealants, chemical synthesis, plastic additives, textiles, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Butyl Acrylate Market, Butyl Acrylate Market Size, Butyl Acrylate Market Growth, Butyl Acrylate Market Analysis, Butyl Acrylate Market Report, Butyl Acrylate Market Share, Butyl Acrylate Market Trends, Butyl Acrylate Market Forecast, Butyl Acrylate Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.