Global Methyl Acrylate Market Analysis

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Global Methyl Acrylate Market Analysis

  • Chemical and Materials
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • Methyl acrylate, a key acrylate monomer, plays a critical role in the production of polymers, coatings, adhesives, and sealants due to its excellent reactivity, adhesion properties, and flexibility, making it essential across a wide range of industrial applications
  • The escalating demand for methyl acrylate is primarily fueled by the rapid growth of the construction, automotive, packaging, and textile sectors, along with increasing preference for water-based and low-VOC formulations that support environmental compliance and performance efficiency
  • Asia-Pacific dominated the methyl acrylate market with a share of 43.61% in 2024, due to rapid industrialization, expansion of manufacturing capacity, and high demand from end-use sectors such as paints and coatings, adhesives, and textiles across countries such as China and India
  • North America is expected to be the fastest growing region in the methyl acrylate market during the forecast period due to the country’s position as a global leader in chemical production and export
  • Industrial segment dominated the market with a market share of 79.1% in 2024, due to the compound’s essential role as a monomer and intermediate in large-scale chemical and polymer production processes. Methyl acrylate is widely used in the formulation of surface coatings, resins, elastomers, and adhesives due to its reactivity and compatibility with other acrylates. Industries favor this type for its cost-efficiency, availability in bulk, and effectiveness in delivering high-performance polymeric products

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