Global Isononyl Acrylate Market, By Type (Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-ethylhexyl Acrylate), Application (Adhesives, Sealants, Paints, Coatings), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The isononyl acrylate market is expected to be growing at a growth rate of 5.10% in the forecast period of 2021 to 2028. The isononyl acrylate market report analyses the growth,
which is currently being growing due to the rising scope of its application in wood-working industry.
Isononyl acrylate is a special type of acrylate found by the reaction of isononyl alcohol and acrylic acid. Various types of acrylates that are obtainable in the market are 2-ethylhexyl acrylate (2-EHA), ethyl acrylate, methyl acrylate, and butyl acrylate. Amongst all the acrylate, Isononyl acrylate has least level of glass transition which assistances in the transforming of rheological properties. Isononyl acrylate is most frequently utilized in paints and coatings. Other applications of isonomy acrylate are in sealant and adhesives.
Major factors that are expected to boost the growth of the isononyl acrylate market in the forecast period are the rise in the pressure sensitive adhesives industry, the increase in the demand for specialty paints, and the growing of the construction and buildings in the advancing countries. Furthermore, the various acrylic esters have conventionally been utilized in the paints and coatings as raw materials, because of its elastic and adhesive nature of acrylic esters and the upsurge in the production of pressure sensitive tapes are few of the factors anticipated to propel the growth of the isononyl acrylate market in the timeline period. Moreover, the increasing demand from adhesive industry around the world and the extensive utilization of Isononyl acrylate in the paints and coatings industry are some of the other factors estimated to further cushion the growth isononyl acrylate market throughout the forecast period.
On the other hand, the complex production techniques the increase of the lead time are further expected to most likely impede the growth of the isononyl acrylate market. Also, the upsurge in the production costs of isononyl acrylate and the accessibility of the inexpensive substituents like the methyl acrylate, ethyl acrylate, 2eha and butyl acrylate are other factors responsible for obstructing the growth of the isononyl acrylate market in the coming years. In addition, the adhesiveness and the low glass transition temperature will further provide potential opportunities for the growth of the isononyl acrylate market in the near future.
This isononyl 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 the isononyl 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.
Isononyl Acrylate Market Scope and Market Size
The isononyl acrylate market is segmented on the basis of type and application. 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 markets.
- Based on the type, the isononyl acrylate market is segmented into methyl acrylate, ethyl acrylate, butyl acrylate, 2-ethylhexyl acrylate.
- Based on the application, the isononyl acrylate market is segmented into adhesives, sealants, paints, coatings.
Isononyl Acrylate Market Country Level Analysis
The isononyl acrylate market is analysed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the isononyl acrylate market report are the 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 isononyl acrylate market because of the swift industrialization. Furthermore, the rapid urbanization and the increasing demand for paints and coatings because of the infrastructural boom will boost the growth of the isononyl acrylate market in the region during the forecast period. Europe is projected to observe significant amount of growth in the isononyl acrylate market because of the increasing demand for sealants because of the technological enhancements.
The country section of the 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 Isononyl Acrylate Market Share Analysis
The isononyl 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 isononyl acrylate market.
The major players covered in the isononyl acrylate market report are Angene International Limited, BOC Sciences, Exxon Mobil Corporation., KH Chemicals, OSAKA ORGANIC CHEMICAL INDUSTRY LTD., DENKO CORPORATION., PHOENIX CHEMICAL, INC., Haldia Petrochemicals Limited, Arkema, BASF SE, NIPPON SHOKUBAI CO., LTD, DOW, LG Chem., TAOGOSEI CO., LTD., Mitsubishi Chemical Holdings Corporation, Evonik Corporation AG, Sasol Limited, Momentive, Lucite International, Hexion., 3M, 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.