The global demand for Isobutyl Acrylate Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Isobutyl acrylate is the ester of isobutyl alcohol and acrylic acid. Isobutyl acrylate is a colourless liquid with an unpleasant odour. Copolymers and homopolymers of isobutyl acrylate are formed easily, and also, it's a major feedstock for chemical synthesis since they can be easily combined with a wide variety of inorganic and organic molecules. Isobutyl acrylate is employed in varied applications, which include paint chemicals and coating materials, construction materials, automotive, and others. Additionally, isobutyl acrylate is used as raw materials for coatings, plastics, emulsions, and adhesives.
Market Dynamics
The global isobutyl acrylate market is expected to grow at a robust rate owing to the increase in rapid industrialization and construction activities during the forecast period. The need for isobutyl acrylate as an adhesive is projected to rise at a significant CAGR in the building adhesives industry globally. The rise of end-use sectors such as decorative, building and construction, and vehicles is also fueling the demand for isobutyl acrylate market growth. Furthermore, increasing urbanization and population rates are some key factors promoting isobutyl acrylate market growth. The rise in construction activity tends to increase the number of buildings and infrastructures, resulting in the booming of isobutyl acrylate market growth. Also, due to the expansion of the food and beverage sector as well as the rising consumption of packaged goods globally, food-grade isobutyl acetate is in high demand.
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 isobutyl acrylate. The growth and trends of isobutyl acrylate industry provide a holistic approach to this study.
Market Segmentation
This section of the isobutyl 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 Product Type- Adhesives
- Sealants
- Coatings
- Plasticizers
- Thermoplastics
- Chemical Intermediates
By Product Application- Building & Construction
- Paints & Coatings
- Automotive
- Plastics
- Chemicals
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Isobutyl 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 Isobutyl 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 isobutyl acrylate market include BASF SE, Mitsubishi Chemical Corporation, BAMM, OSAKA ORGANIC CHEMICAL INDUSRTY LTD, NIPPON SHOKUBAI CO., LTD., Sigma-Aldrich Co. LLC., Solventis Limited. 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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