Acrylic Acid Market, By Derivatives (Methyl Acrylate, Butyl Acrylate, Ethyl Acrylate, 2-Ethylhexyl Acrylate, Glacial Acrylic Acid, Super Absorbent Polymers, and Others), By Applications (Paints and Coatings, Adhesives and Sealants, Surfactants, Sanitary Products, Textiles, and Other Applications), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Published In : May 2024

Code : CMI5412

Pages :135

Formats :

Excel and PDF

Industry : Specialty and Fine Chemicals

Market Concentration and Competitive Landscape

Acrylic Acid Market Concentration By Players

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Increasing Application in Adhesives & Sealants

The adhesive and sealants industry has emerged as another major driving factor for the global acrylic acid market in recent years. Acrylic acid serves as a primary monomer for the production of various types of adhesives and sealants that are used across various applications. With the growing infrastructure and construction activities, the demand for adhesives and sealants from building & construction industry has increased manifold. Acrylic adhesives offer high strength, flexibility and resistance to heat and water, making them ideal for construction applications. Similarly, increasing automotive production is propelling the demand for acrylic sealants and adhesives that are used in vehicle manufacturing. Other applications such as packaging, footwear and furniture manufacturing also consume significant amounts of acrylic adhesives. Strict environmental regulations regarding the use of solvent-based adhesives have further boosted the popularity of solvent-free and water-based acrylic adhesives. Large players in the adhesive and sealants industry are investing in R&D to develop newer acrylic formulations with enhanced properties.

Key Players Insights