The Report “Methyl Acrylate Market by Application (Surface Coatings, Adhesives & Sealants, Plastic Additives, Detergents, Textile, Others), by Geography – Analysis and Forecast to 2019” is estimated to reach $359.2 million by 2019, at a CAGR of 4.3% from 2014 to 2019.
Browse through the TOC of the Global Methyl Acrylate Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Methyl acrylate is used in the manufacturing of surface coatings, elastomers, adhesives, thickeners, plastics, textiles, and inks. It also acts as a reagent in the synthesis of various pharmaceuticals intermediates. The highest demand for methyl acrylate comes from the food packaging and plastic industry where it offers significant advantage as an additive. It is also used as the starting block for anti-oxidants and amino esters.
Asia-Pacific is the most promising chemical market, and building & construction industry sees a high potential in this market. It also acts as a substitute for high-performance emulsions, which are used extensively in the manufacturing sector.
The major reasons for the increasingly growing demand of methyl acrylate is due to rising demand in the emerging markets such as the adhesive, automotive, engineering, detergent, textiles, and packaging market. To increase the demand further, leading market players have adopted the expansion strategy. In 2014, the surface coatings application segment led the global methyl acrylate market, followed by adhesives & sealants application.
The report covers the global methyl acrylate market, which has been segmented on the basis of application and ingredient. The major applications of methyl acrylate are surface coatings, adhesives & sealants, detergents, textiles, and plastic additives. By ingredient, the market has been divided into crude oil and propylene. Major regions covered in this report are Asia-Pacific, North America, Europe, and Rest of the World.
This report includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
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