The global demand for 4-Hydroxybutyl Acrylate Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of 6.5% under the study period 2023 - 2030.
4-hydroxybutyl acrylate or 4-(HBA) is an acrylic acid ester consist of a hydroxyl functional group and a double bond group in the molecule. It is used as a raw material component in the synthesis of polymers and for use as feedstock. It offers excellent scratch resistance, owing to its high crosslinking ratio and flexibility. Other features and benefits include adhesion, weatherability, rheology modifier, and low VOC. 4-HBA polymerizes very readily; thereby, it is usually stabilized by using air as a blanket gas and by the addition of 330 ppm hydrochinone monomethyl ether. It is supplied in its stabilized form, as it can polymerize with an explosion if not stabilized.
Market Dynamics
The market is mainly driven by the growth of the automotive industry led to the growth of the automotive coating sector. In addition to this, rising demand for raw materials in coating application for many products as building materials, photosensitive resin compositions, and pressure-sensitive additives for medical use. Further, the rising usage of the waterborne coating as rapid urbanization is growing the demand for residential, commercial, and industrial infrastructure. This, in turn, is boosting the demand for waterborne coatings.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of 4-hydroxybutyl acrylate. The growth and trends of 4-hydroxybutyl acrylate industry provide a holistic approach to this study.
Market Segmentation
This section of the 4-hydroxybutyl acrylate market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Market Type
- Analysis Level
- Industrial Grade
By Application
- Paints And Coatings
- Adhesives
- Sealants
- Textiles
- Pharmaceuticals
- Personal Care
- Others
By Processing Method
By End-User Industry
- Automotive
- Construction
- Healthcare
- Consumer Goods
- Electronics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the 4-Hydroxybutyl Acrylate market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global 4-Hydroxybutyl Acrylate Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the 4-hydroxybutyl acrylate market include Osaka Organic Chemical, BASF, Nippon Kasei Chemical. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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