Butyl Acrylate Market Size is Estimated to Grow at a CAGR of 4.18% by 2030 | ChemAnalyst

1
Butyl Acrylate Market is Estimated to Grow at a
CAGR of 4.18 by 2030 ChemAnalyst
According to ChemAnalyst report, Global Butyl
Acrylate Market Plant Capacity, Production,
Operating Efficiency, Process, Demand Supply,
End Use, Application, Sales Channel, Region,
Competition, Trade, Customer Price Intelligence
Market Analysis, 2015-2030, the global Butyl
Acrylate market is expected to grow at a healthy
CAGR of 4.18 during the forecast period on
account of its increasing demand for
manufacturing of acrylic polymers and
polyethylene having application across various
downstream industries including paints, coatings,
adhesives, acrylic textiles and other products
which are widely used in the construction
sector. Butyl Acrylate, an acrylate monomer is a
clear liquid, flammable in nature and readily
polymerized with monomer molecules to create
polymer chains. It is prepared by mixing
n-butanol and acrylic acid to produce butyl
acrylate, water, and other by- products. The
major demand driving factor of Butyl Acrylate is
the production of homopolymers and co-polymers
having applications in water based industrial
paints. The growing consumption of water-based
coatings which are applied onto the flooring and
other surfaces to provide long-lasting finish and
environmental protection would propel the demand
for Butyl Acrylate in the coming years as well.
2

• Read Full Report Here https//www.chemanalyst.com
  /industry-report/butyl- acrylate-market-58
• In addition, Butyl Acrylate market is highly
  driven by construction activities and overall
  growth in construction and automotive industry
  globally. The report analyses that increasing
  construction sector will bolster demand of Butyl
  Acrylate in coming years which has reported
  sharp fall in consumption and overall demand in
  2020 due to COVID-19 pandemic across the globe.
  As during 2020 pandemic lockdowns were imposed
  by the government across various nations and ban
  of international trade and other activities
  globally in order to prevent any disease outbreak
  has significantly affected the Butyl Acrylate
  market. It is an exceptionally reliable choice
  for building and construction industry due to
  its increased usage in various applications such
  as floor polish formulations, paints, and
  others.
• During the COVID-19 peak in 2020, majority of the
  manufacturers have shut down their production
  units which caused tight supply of raw material,
  acrylic acid from producer countries like Europe
  and China including international trade bans.
  This has caused Butyl Acrylate prices to rise by
  2020 Q3 following resumption of construction
  activities and hence overall Butyl Acrylate
  demand recovery for the manufacturing of
  engineering plastic components globally.
• The report has considered the impact of novel
  coronavirus on the global Butyl Acrylate market,
  taking into consideration the demand supply
  imbalance created due to the unprecedented
  crisis. The Butyl Acrylate market growth
  witnessed slight downward shift in 2020, as
  several countries adopted strict lockdown
  measures to curb the spreading of COVID-19,
  consequently leading to raw material disruptions
  and reduced offtake from the downstream acrylic
  ester industries. Butyl Acrylate prices were
  subjected to acute volatility during FY20 under
  the influence of unstable raw materials and
  feedstock availability issues due disrupted trade
  amid COVID-19 outbreak in 2020.
• Request Sample https//www.chemanalyst.com/ChemAn
  alyst/RequestForm Major Players
• Arkema S.A.,
• BASF S.E,
• Nippon Shokubai Co., Ltd,
• DowDupont Inc.,

3

• LG Chem Ltd.,
• Taogosei Co. Ltd.,
• Mitsubishi Chemical Corporation,
• SunVic Chemical Holdings Corporation,
• Formosa Plastics Corporation,
• Shenyang Chemical Co., Ltd,
• Haihang Industry Co., Ltd.,
• Shanghai Huayi Acrylic Co., Ltd.,
• Wanhua Chemical Group Co., Ltd.
• Regionally, Asia-Pacific dominates the global
  Butyl Acrylate market holding nearly 50 of
  total market share followed by Europe and North
  America as of 2019. Asia-Pacific dominance is
  backed by additions of new acrylic acid acrylic
  ester plants commenced by leading manufacturers,
  BASF SE Arkema S.A. in the country to satisfy
  growing demand and hefty investments in the
  construction and paints coatings industry.
  China, being the worlds largest country by
  population, holds vast potential towards
  accelerating the growth of global Butyl Acrylate
  market in the forecast period. Rapidly expanding
  population and construction activities in the
  counties like South Korea, Taiwan, India, and
  China would further drive the Asia Pacific market
  growth in the forecast period.
• ChemAnalyst estimates that the paints coatings
  segment holds the largest share of Butyl
  Acrylate total global demand. The growth in
  construction sector which spur the need for
  paints, coatings, and other Butyl Acrylate
  applications viz., adhesives sealants would
  strongly drive the global Butyl Acrylate market.
  It seems that due to government favorable
  policies and efforts towards reducing VOC
  emission plastics in environment would also
  prompt Butyl Acrylate market demand worldwide. In
  addition, high demand for water-borne coatings
  and films in the buildings with superior
  properties which include high stability, water,
  and heat resistance etc. including rising
  construction activities post lockdown lift-ups,
  the overall Butyl Acrylate consumption would
  grow tremendously.
• These factors would keep supporting the global
  Butyl Acrylate market in the long run. The
  pandemic has triggered strong inter-country
  political clashes while there has been a global
  shift in the trade preferences and hence
  significant changes in the supply chains and
  overall Butyl Acrylate prices. These factors are
  strong determinants of the future risks involved
  and potentially new markets which may originate
  in the forecast

4
years, seeking opportunity amidst the COVID-19
crisis., said Karan Chechi, Research Director
with TechSci Research, a research based global
management consulting firm promoting
ChemAnalyst. About Us ChemAnalyst is a one
stop digital platform that offers comprehensive
market intelligence data and in-depth analysis
of the Indian chemical and petrochemical
industry. ChemAnalysts team of 100 analysts are
engaged in tracking chemical prices daily,
production capacity, demand and supply outlook,
manufacturing plant locations, foreign trade
data and news/deals for more than 400 major
chemicals produced in India. ChemAnalyst is
promoted by TechSci Research which is an award
winning research based management consulting firm
providing market research and advisory solutions
to the customers worldwide, spanning a range of
industries including Chemicals Material,
Automotive, Consumer Retail, ICT, Energy
Power, Aerospace Defense, Water and Waste
Management, BFSI and more. Contact Us Nilesh
Vishwakarma B-44 Sector-57 Noida, National
Capital Region Tel [phone] Mob
91-8882336899 Email sales_at_chemanalyst.com Websit
e https//www.chemanalyst.com/