Acrylic Monomers Market Study Provides Latest Intelligence on Growth in 2021 and Beyond
Global Acrylic Monomers supply-demand continues to be impacted by broader developments in the chemicals sector. The new Acrylic Monomers market research report outlines the key factors that will impact production, supply, and demand during the assessment period (2018-2028).
The study tracks Acrylic Monomers demand and sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The study also analyzes the impact of COVID-19 on chemicals industry in general and Acrylic Monomers in particular.
How will Acrylic Monomers Sales Grow in 2021 and Beyond
The Acrylic Monomers industry report tracks short-term and long-term growth, offering readers analysis they can use immediately to formulate their strategies.
Overall, demand for Acrylic Monomers will be heavily influenced by broader developments in the chemicals sector. The Chemical Activity Barometer has shown a stable streak, which is indicative of an ascendancy in US chemicals sector. However, the US chemicals sector growth will depend to a large extent on how end-use industries fare.
Traditionally, demand from automotive sector has been key to chemical demand. The US automotive sector is set to recover in 2021 with sales expected to be in the range of 15.5 million to 16 million.
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Housing is another key demand generator for chemicals sector. The record low mortgage rates have led to momentum in the US housing sector, but it will remain to be seen whether an increase subdues the enthusiasm.
The European chemical sector is also set to recover in 2021, after contracting by 2% in 2020. Recovery is likely to be sustained with a growth of 2% also expected in 2022.
Growth of chemicals sector in Asia Pacific will also contribute to overall recovery. The resurgence of a virulent variant in India has taken the sheen away from the recovery made in 2021, but other economies in the region continue to be on the path to recovery.
The chemical sector in Japan and South Korea is also shifting toward use of green chemicals. Regulation, combined with evolving demand of end-users, is creating a market scenario that is conducive to green chemicals.
Acrylic Monomers Market: Segments:
Based on product type, the global acrylic monomers market is segmented into:
- Butyl Acrylate Monomers
- Methyl Acrylate Monomers
- Ethyl Acrylate Monomers
- 2 Ethyl Hexyl Acrylate Monomers (2-EHA Monomers)
Based on application, the global acrylic monomers market is segmented into:
- Paints & Coatings
- Adhesives & Sealants
- Printing Inks
Based on end user, the global acrylic monomers market is segmented into:
- Oil and Gas
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The Fact.MR study profiles the business, product and other key strategies of the leading Acrylic Monomers companies in detail. The competitive landscape section of the study tracks market leaders, incumbents, and aspirants, laying out a layered information model that readers can use. Some of the leading companies in the Acrylic Monomers market include (Hitachi Chemical Co. Ltd, New Japan Chemical Co Ltd. The Dow Chemical Company, BASF SE, Arkema S.A., Evonik Industries AG)
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Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest Of Latin America)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
- Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)
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