Global Ethylene Methyl Acrylate Market, By Type (Injection Moulding Grade, Extrusion Grade, Blow Moulding Grade, Pipe Extrusion, Coating, Compounding, Export Resins, Extrusion Coating, Film Extrusion), Application (Construction, Cosmetic, Transportation, Textile, Lamination, Paints and Coatings, Others), End Use Industry (Industrial Packaging, Industrial Liners, Agriculture, Healthcare, Consumer Goods, Automotive, Bio-Degradable, Others), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Ethylene Methyl Acrylate Market
Data Bridge Market Research analyses that the ethylene methyl acrylate market will witness a CAGR of 6.40% for the forecast period of 2021-2028 and is likely to reach at USD 13.42 billion by 2028.
Acrylic acid coupled with methanol at high temperatures in water produces ethylene methyl acrylate as a by-product. Although it has a low density and tensile strength, this by-product is recognised to have a significant amount of ductility when compared to other types of thermoplastics. Automotive industries, agriculture, healthcare, industrial packaging and a variety of other industries are among its key application areas.
The growth in the demand of this polymer from painting and coatings, adhesives and plastics production and changing lifestyles along with the development of industries as well as urbanization are the major drivers that will influence the growth of ethylene methyl acrylate market. Furthermore, rise in the renovation and refurbishment activities and upsurge in the level of disposable incomes will accelerate the ethylene methyl acrylate market growth rate.
Moreover, emerging new markets and rise in the e-commerce sale will provide beneficial opportunities for the ethylene methyl acrylate market growth.
On the other hand, fluctuating prices of raw material and environmental as well as health hazards will hamper the growth of the market and further challenge the growth rate of ethylene methyl acrylate market.
This ethylene methyl acrylate market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on ethylene methyl acrylate market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Ethylene Methyl Acrylate Market Scope and Market Size
- The ethylene methyl acrylate market is segmented on the basis of type, application and end use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the ethylene methyl acrylate market is segmented into injection moulding grade, extrusion grade, blow moulding grade, pipe extrusion, coating, compounding, export resins, extrusion coating and film extrusion.
- On the basis of application, the ethylene methyl acrylate market is segmented into construction, cosmetic, transportation, textile, lamination, paints and coatings and others.
- On the basis of end use industry, the ethylene methyl acrylate market is segmented into end use industry industrial packaging, industrial liners, agriculture, healthcare, consumer goods, automotive, bio-degradable and others.
Ethylene Methyl Acrylate Market Country Level Analysis
The ethylene methyl acrylate market is analysed and market size, volume information is provided by country, type, application and end use industry as referenced above.
The countries covered in the ethylene methyl acrylate market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the ethylene methyl acrylate market and will continue to flourish its dominance during the forecast period of 2021-2028 due to the presence of favorable regulations for production and establishment of industries.
The country section of the ethylene methyl acrylate market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Ethylene Methyl Acrylate Market Share Analysis
The ethylene methyl acrylate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ethylene methyl acrylate market.
The major players covered in the ethylene methyl acrylate market report are CHIMEI, Merck KGaA, Exxon Mobil Corporation, Westlake Chemical Corporation, Asahi Kasei Corporation, Entec Polymers, INEOS Styrolution Group GmbH, Parchem Fine & Specialty Chemicals, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.