Global Methyl Acrylate Market By Application (Surface Coatings, Adhesives & Sealants, Plastic Additives, Detergents, Textile, Others), By Geography – Analysis and Forecast to 2019

Methyl acrylate is an organic compound, mainly used for making acrylate fiber that is used to weave synthetic carpets. It is a colorless and volatile liquid with a characteristic acrid odor that is produced by acid-catalyzed esterification of acrylic acid.

Methyl acrylate is majorly used in plastics, especially in industrial sectors such as packaging, automotive, engineering. Moreover, methyl acrylate is an important component in the food packaging, plastic, textile, and detergent industries. It is commonly used in chemical industries in North America, Europe, Asia-Pacific, and Rest of the World (ROW).

The global methyl acrylate market is expected to grow at a CAGR of 4.3% between 2014 and 2019. Its applications are surface coatings, adhesives & sealants, detergents, textiles, plastic additives, and others.

The increasing consumption in end-use applications and growing demand from elastomers, water treatment, acrylic fiber, and technical polymer sectors is driving the global methyl acrylate market.

Asia-Pacific accounted for the largest consumption share of 45% of methyl acrylate market in 2014. The methyl acrylate market is projected to witness high growth in terms of value and volume between 2014 and 2019.

The report covers an in-depth market share analysis of the top companies, that have been calculated based on revenue. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts as well as key opinion leaders, such as CEOs, directors, and marketing executives.

The key companies operating in this market include Arkema S.A. (France), LG Chem Ltd. (South Korea), BASF-YPC Co., Ltd. (China), Shanghai Huayi Acrylic Acid Co., Ltd. (China), Chinese National Offshore Oil Corporation (China), CJSC Sibur Holding (Russia), Zhejiang Satellite Acrylic Acid (China), and Nippon Shokubai Co., Ltd. (Japan).

Table of Contents

1 Introduction (Page No. - 10)
    1.1 Objectives of the Study
    1.2 Market Segmentation & Coverage
    1.3 Stakeholders

2 Research Methodology (Page No. - 12)
    2.1 Integrated Ecosystem of the Global Methyl Acrylate Market
    2.2 Arriving at the Global Methyl Acrylate Market Size
           2.2.1 Top-Down Approach
           2.2.2 Bottom-Up Approach
           2.2.3 Demand Side Approach
    2.3 Assumptions

3 Executive Summary (Page No. - 19)

4 Market Overview (Page No. - 21)
    4.1 Introduction
    4.2 Methyl Acrylate Market: Comparison With Parent Market
    4.3 Market Drivers and Inhibitors
    4.4 Key Market Dynamics
    4.5 Demand Side Analysis

5 Global Methyl Acrylate, By Application (Page No. - 28)
    5.1 Introduction
    5.2 Global Methyl Acrylate in Surface Coatings, By Geography
    5.3 Global Methyl Acrylate in Adhesives & Sealants, By Geography
    5.4 Global Methyl Acrylate in Detergents, By Geography
    5.5 Global Methyl Acrylate in Textiles, By Geography
    5.6 Global Methyl Acrylate in Plastic Additives, By Geography
    5.7 Sneak View: Global Methyl Acrylate Market, By Application

6 Global Methyl Acrylate Market, By Geography (Page No. - 42)
    6.1 Introduction
    6.2 Asia-Pacific Methyl Acrylate Market
           6.2.1 Asia-Pacific Methyl Acrylate Market, By Application
    6.3 North America Methyl Acrylate Market
           6.3.1 North America Methyl Acrylate Market, By Application
    6.4 Europe Methyl Acrylate Market
           6.4.1 Europe Methyl Acrylate Market, By Application
    6.5 Rest of the World (RoW) Methyl Acrylate Market
           6.5.1 RoW Methyl Acrylate Market, By Application

7 Global Methyl Acrylate Market: Competitive Landscape (Page No. - 55)
    7.1 Company Share Analysis
    7.2 Mergers & Acquisitions
    7.3 Expansions

8 Global Methyl Acrylate Market, By Company (Page No. - 58)
(Overview, Financials, Products & Services, Strategy, and Developments)*
    8.1 Arkema S.A.
    8.2 BASF SE
    8.3 LG Chem Ltd.
    8.4 Nippon Shokubai Co., Ltd.
    8.5 Chinese National Offshore Oil Corporation (Cnooc)
    8.6 Cjsc Sibur Holding
    8.7 Zhejiang Satellite Petrochemical Co., Ltd.
    8.8 Shanghai Huayi Acrylic Acid Co., Ltd.
*Details On Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Company

9 Appendix (Page No. - 78)
    9.1 Customization Options
           9.1.1 Technical Analysis
           9.1.2 Low-Cost Sourcing Locations
           9.1.3 Regulatory Framework
           9.1.4 Global Methyl Acrylate Usage Data
           9.1.5 Impact Analysis
           9.1.6 Trade Analysis
    9.2 Introducing RT: Real Time Market Intelligence

List of Tables (43 Tables)

Table 1 Global Methyl Acrylate Peer Market Size, 2014 (USD MN)
Table 2 Global Methyl Acrylate Application Market, 2014 (USD MN)
Table 3 Comparison With Parent Market, 2013-2019 (USD MN)
Table 4 Comparison With Parent Market, 2013-2019 (KT)
Table 5 Drivers and Inhibitors
Table 6 Global Methyl Acrylate Market, By Application, 2013-2019 (USD MN)
Table 7 Global Methyl Acrylate Market, By Application, 2013-2019 (KT)
Table 8 Global Methyl Acrylate Market, By Geography, 2013-2019 (USD MN)
Table 9 Global Methyl Acrylate Market, By Geography, 2013-2019 (KT)
Table 10 Comparison With Application Markets, 2013-2019 (USD MN)
Table 11 Global Methyl Acrylate Market, By Application, 2013-2019 (USD MN)
Table 12 Global Methyl Acrylate Market, By Application, 2013-2019 (KT)
Table 13 Global Methyl Acrylate Market in Surface Coatings, By Geography, 2013-2019 (USD MN)
Table 14 Global Methyl Acrylate Market in Surface Coatings, By Geography, 2013-2019 (KT)
Table 15 Global Methyl Acrylate Market in Adhesives & Sealants, By Geography, 2013-2019 (USD MN)
Table 16 Global Methyl Acrylate Market in Adhesives & Sealants, By Geography, 2013-2019 (KT)
Table 17 Global Methyl Acrylate Market in Detergents, By Geography, 2013-2019 (USD MN)
Table 18 Global Methyl Acrylate Market in Detergents, By Geography, 2013-2019 (KT)
Table 19 Global Methyl Acrylate Market in Textiles, By Geography, 2013-2019 (USD MN)
Table 20 Global Methyl Acrylate Market in Textiles, By Geography, 2013-2019 (KT)
Table 21 Global Methyl Acrylate Market in Plastic Additives, By Geography, 2013-2019 (USD MN)
Table 22 Global Methyl Acrylate Market in Plastic Additives, By Geography, 2013-2019 (KT)
Table 23 Global Methyl Acrylate Market: By Application, 2014 vs 2019 (USD MN)
Table 24 Global Methyl Acrylate Market: By Geography, 2013-2019 (USD MN)
Table 25 Global Methyl Acrylate Market: By Geography, 2013-2019 (KT)
Table 26 Apac Methyl Acrylate Market, By Application, 2013-2019 (USD MN)
Table 27 Apac Methyl Acrylate Market, By Application, 2013-2019 (KT)
Table 28 North America Methyl Acrylate Market, By Application, 2013-2019 (USD MN)
Table 29 North America Methyl Acrylate Market, By Application, 2013-2019 (KT)
Table 30 Europe Methyl Acrylate Market, By Application, 2013-2019 (USD MN)
Table 31 Europe Methyl Acrylate Market, By Application, 2013-2019 (KT)
Table 32 RoW Methyl Acrylate Market, By Application, 2013-2019 (USD MN)
Table 33 RoW Methyl Acrylate Market, By Application, 2013-2019 (KT)
Table 34 Company Share Analysis, 2014 (%)
Table 35 Mergers & Acquisitions
Table 36 Expansions
Table 37 Arkema S.A.: Key Financials, 2012-2014 (USD MN)
Table 38 BASF SE: Key Financials, 2010-2014 (USD MN)
Table 39 LG Chem Ltd.: Key Financials, 2010-2014 (USD MN)
Table 40 Nippon Shokubai Co., Ltd.: Key Financials, 2010-2014 (USD MN)
Table 41 China National Offshore Oil Corporation: Key Financials, 2012-2014 (USD MN)
Table 42 Cjsc Sibur Holding: Key Financials, 2010-2014 (USD MN)
Table 43 Zhejiang Satellite Petrochemical Co., Ltd.: Key Financials, 2011- 2014 (USD MN)

List of Figures (41 Figures)

Figure 1 Segmentation & Coverage
Figure 2 Integrated Ecosystem
Figure 3 Research Methodology
Figure 4 Top-Down Approach
Figure 5 Bottom-Up Approach
Figure 6 Demand Side Approach
Figure 7 Global Methyl Acrylate Market Snapshot
Figure 8 Methyl Acrylate Market: Growth Aspects
Figure 9 Global Methyl Acrylate Market, By Application, 2014 vs  2019
Figure 10 Methyl Acrylate: Application Market Scenario
Figure 11 Global Methyl Acrylate Market, By Application, 2013-2019 (USD MN)
Figure 12 Global Methyl Acrylate Market, By Application, 2013-2019 (KT)
Figure 13 Global Methyl Acrylate Market in Surface Coatings, By Geography, 2013-2019 (USD MN)
Figure 14 Global Methyl Acrylate Market in Adhesives & Sealants, By Geography, 2013-2019 (USD MN)
Figure 15 Global Methyl Acrylate Market in Detergents, By Geography, 2013-2019 (USD MN)
Figure 16 Global Methyl Acrylate Market in Textiles, By Geography, 2013-2019 (USD MN)
Figure 17 Global Methyl Acrylate Market in Plastic Additives, By Geography, 2013-2019 (USD MN)
Figure 18 Sneak View: Global Methyl Acrylate Market
Figure 19 Growth Analysis, By Geography, 2013-2019 (USD MN)
Figure 20 Growth Analysis, By Geography, 2013-2019 (KT)
Figure 21 Asia-Pacific Methyl Acrylate Market, By Key Application, 2013-2019 (USD MN)
Figure 22 Asia-Pacific Methyl Acrylate Market: Key Application Snapshot
Figure 23 North America Methyl Acrylate Market, By Application, 2013-2019 (USD MN)
Figure 24 North America Methyl Acrylate Market: Application Snapshot
Figure 25 Europe Methyl Acrylate Market, By Key Application, 2013-2019 (USD MN)
Figure 26 Europe Methyl Acrylate Market: Application Snapshot
Figure 27 RoW Methyl Acrylate Market, By Application, 2013-2019 (USD MN)
Figure 28 RoW Methyl Acrylate Market: Application Snapshot
Figure 29 Company Share Analysis, 2014 (%)
Figure 30 Arkema S.A.: Revenue Mix, 2014 (%)
Figure 31 Arkema S.A.: Revenue, Coatings Solution 2012-2014 (USD MN)
Figure 32 BASF SE: Revenue Mix, 2014 (%)
Figure 33 BASF SE: Chemicals Revenue, 2010-2014 (USD MN)
Figure 34 LG Chem Ltd.: Revenue Mix, 2014 (%)
Figure 35 LG Chem Ltd.: Petrochemicals Revenue, 2010-2014 (USD MN)
Figure 36 Nippon Shokubai Co., Ltd.: Revenue Mix, 2014 (%)
Figure 37 Nippon Shokubai Co., Ltd.: Functional Chemicals Revenue, 2010-2014 (USD MN)
Figure 38 Cnooc.: Exploration & Production Revenue, 2012-2014 (USD MN)
Figure 39 Cjsc Sibur Holding: Revenue Mix, 2014 (%)
Figure 40 Cjsc Sibur Holding.: Petrochemical Revenue, 2010-2014 (USD MN)
Figure 41 Zhejiang Satellite Petrochemical Co., Ltd.: Chemical Production Revenue, 2011-2014 (USD MN)

The methyl acrylate industry is observing a steady growth owing to the high demand from various sectors, such as plastics, textiles, and coatings which use meta-xylene during production. The key market players are Arkema S.A. (France), LG Chem Ltd. (South Korea), and Chinese National Offshore Oil Corporation (China).

The global methyl acrylate market size is projected to reach $359.2 million by 2019 from $291.3 million in 2014, at a CAGR of 4.3% between 2014 and 2019. The rising demand for surface coatings, increasing consumption in emerging economies, growing demand acrylate from end-user industries, and its suitability for various applications are some of the key factors driving the global methyl acrylate market.

On the other hand, certain factors may restrict the growth of methyl acrylate market, which include, rising raw material cost, constant challenges in the demand and supply side of the industrial chemicals, health hazards and the environmental impact of using methyl acrylate.

On the basis of application, the global methyl acrylate market has been segmented into surface coatings, adhesives & sealants, plastic additives, detergents, textiles, and others. The surface coating segment held the largest share of 35.6% in 2014. This segment would continue to dominate the market, although the detergents segment is expected to grow at the highest CAGR of 4.4% during the forecast period of 2014-2019.

The key players operating in the global methyl acrylate market include Arkema S.A. (France), LG Chem Ltd. (South Korea), BASF-YPC Co., Ltd. (China), Shanghai Huayi Acrylic Acid Co., Ltd. (China), Chinese National Offshore Oil Corporation (China), CJSC Sibur Holding (Russia), Zhejiang Satellite Acrylic Acid (China), and Nippon Shokubai Co., Ltd. (Japan).