Global Polyacrylates Market: Overview
Polyacrylates are a variety of polymers that are rubbery, tough, and soft. These important varieties of polymers are known for their impressive impact toughness, elasticity, and high transparency, and are known to have a moderately good level of heat resistance. Polyacylates also possess good ozone resistance and weatherability as they do not have double bonds.
Polyacrylates find vast uses in a number of industrial processes as these compounds work as intermediates for the production of a variety of industrially viable materials. Polyacrylates are often utilized in the production of paints and coatings, films, organic glass, adhesives, and impregnation chemicals for products such as leather, paper, fabrics, and wood.
Get a sample of this report: https://www.factmr.com/connectus/sample?flag=S&rep_id=602
After the industrial revolution, paints & coatings was recognized as a potential market and became an imperative part of the manufacturing industry. Currently, the paint & coating industry is a major contributor to the economic growth of several countries, such as India, China and ASEAN, among others. From manufacturing to housing, paints and coatings are used in a wide variety of sectors to provide protection and decoration and to extend the life of products.
Thus, increasing investments for infrastructural developments and significant growth of the manufacturing industry are some of the factors which, in turn, will help to drive the paints & coatings market in future. Further, with the paints & coatings industry shifting towards the use of water-based and powder-based coatings from traditional solvent-borne coatings, the demand for Polyacrylates, as a raw material, is expected to witness a healthy upsurge.
Global Polyacrylates Market: Key Players
The Polyacrylates market is a highly organized market. Significant share of the market is accounted by key players across the globe. Some of the key players identified across the value chain of the global Polyacrylates market include BASF SE, Arkema Inc., Dow Dupont, TOYOBO CO., LTD., Lucite International, Wanhua Chemical Group Co.,Ltd., Sasol Limited, LG Chem Ltd. and TOAGOSEI CO., LTD., among others.
Global Polyacrylates Market: Segmentation
The global Polyacrylates market can be segmented on the basis of product type, modification and application.
On the basis of product type, the global Polyacrylates market can be segmented as follows:
- Methyl Acrylate
- Ethyl Acrylate
- Butyl Acrylate
On the basis of function, the global Polyacrylates market can be segmented as follows:
- Thickening Agent
On the basis of modification, the global Polyacrylates market can be segmented as follows:
- Silicon Modified
- Organic fluorine Modified
- Polyurethane Modified
- Epoxy resin Modified
On the basis of end use, the global Polyacrylates market can be segmented as follows:
- Paint & Coating
- Adhesives & Sealant
- Printing Ink