Global Acrylate Monomers Market 2018-2022
About acrylate monomers
Acrylate monomers, known as methacrylate, are the ester salts of acrylic acid. Generally, they are prepared by the direct esterification of alcohol with methacrylic acid or acrylic acid. Acrylate monomers used as precursors in the formulation of paints and coatings, adhesives and sealants, and polymer plastics such as acrylate polymers, fabrics, and other end-use products.
Technavio’s analysts forecast the global acrylate monomers market to grow at a CAGR of 5.60% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global acrylate monomers market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of global acrylate monomers segmented into the paints and coatings, adhesives and sealants, plastics, printing inks, and other segments
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Acrylate Monomers Market 2018-2022
Technavio recognizes the following companies as the key players in the global acrylate monomers market: Arkema, BASF, DowDuPont, Evonik, Mitsubishi Chemical, NIPPON SHOKUBAI
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is rising demand for water-based acrylate coatings”
According to the report, one driver that is affecting the market is wide application of acrylate monomers in the paints and coatings industry”
Further, the report states that one challenge that is affecting the market is environmental and health hazards”