Global Acrylate Monomers Market 2018-2022

Overview of the acrylate monomers market

The rapidly increasing application of acrylate monomers in the continuously evolving paints and coatings industry is driving the growth of the market positively over the last few years. Technological advances in the production process and selection of high-quality raw materials for manufacturing acrylate coatings have boosted the growing demand for acrylate monomers. Technavio’s market research analysis identifies the wide applications of acrylate monomers in the paints and coatings industry as one of the primary driving factors for the growth of this market during the next few years. In addition, acrylate monomers are increasingly used as binding agents owing to their properties such as weather resistance, transparency, and color stability. Acrylate coatings offer excellent resistance to weathering and chemicals as these coatings withstand hydrolysis and exhibit low absorption of ultraviolet light. This has resulted in the increasing demand for acrylic binder market. According to Technavio’s market research report, the market will register a CAGR of close to 6% by 2022.

The growing environmental concerns and toxic effects of acrylate monomers have enabled various established players to increase their focus on bio-based acrylates. The growing preference for bio-based acrylates can be attributed to fluctuations in crude oil prices. The increasing use of bio-based raw materials has led to the replacement of petroleum-based acrylates. For instance, Arkema, a leading vendor of acrylate monomers, has been involved in the manufacturing and selling of Sabrio5100, an acrylate monomer derived from renewable raw materials. The product is used in a wide range of applications including metal and plastic coatings, polymer synthesis, additives for polymer concrete, and adhesives and sealants.

Companies covered

The acrylate monomers market is characterized by a presence of both international and regional players. With the rising preference for bio-based acrylate monomers offering considerable growth opportunities, the players of acrylic binder market are increasingly focused on expanding their product portfolio across the globe by offering binding chemicals including acrylates, VISIOMER, butyl acrylate and others. To help clients improve their revenue shares in this competitive market, Technavio’s market research report on the global acrylate monomers market offers information about the key initiatives and strategies followed by the market players and provides an in-depth analysis of the market’s competitive landscape.

This research report provides an analysis of various companies in the acrylate monomers market including

• Arkema
• BASF
• DowDuPont
• Evonik
• Mitsubishi Chemical
• NIPPON SHOKUBAI

Segmentation by application and analysis of the acrylate monomers market

• Paints and coatings
• Adhesives and sealants
• Plastics
• Printing inks

Paints and coatings application segment dominated the acrylate monomers market in 2017.  According to Technavio’s market research report, the segment is expected to continue its dominance in the acrylic binder market throughout the forecast period.

Segmentation by geography and analysis of the acrylate monomers market

• Americas
• APAC
• EMEA

APAC accounted for the largest share of the acrylate monomers market in 2017. According to Technavio’s market research analysts, this region will continue its market dominance throughout the forecast period as well.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global acrylate monomers market?
• What are the key market trends impacting the growth of the global acrylate monomers market?
• What are the challenges to market growth?
• Who are the key vendors in the global acrylate monomers market?
• What are the market opportunities and threats faced by the vendors in the global acrylate monomers market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global acrylate monomers market?

Technavio also offers customization on reports based on specific client requirement.