Acrylic Based Elastomers Market Research Report- Forecast to 2030

Acrylic Based Elastomers Market Information- by Form (Polyacrylates and Ethylene Acrylates) by End Use (Automotive, Paint and Coatings, Construction, Industrial, Textile, Plastic Composite, Adhesives & Sealants, Paper & Paperboard and Other.) by Region - Forecast till 2030

ID: MRFR/CnM/2642-HCR | February 2021 | Region: Global | 140 pages

Acrylic Based Elastomers Market Overview

Acrylic Elastomers are the Acrylic Acid based polymers, generally referred to as plastics. This term is majorly used for a type of synthetic rubber whose main component is Acrylic Acid Alkyl Ester. Moreover, these elastomers possess characteristics of heat and oil resistance. Emulsion and suspension polymerization are the two methods used for the preparation of elastomers.  The first acrylic elastomers were homopolymers either ethyl acrylate or methyl acrylate, because these had limited utility, particularly for vulcanized applications. Various copolymer modifications were developed to improve performance, and there evolved division of monomers into two types including backbone monomers and cure site monomers.
 

Global Acrylic Based Elastomers Market has experienced positive growth over the past few years, and it is predicted to grow significantly through the forecasted period. Acrylic based elastomers find its application in automotive, paint and coatings, construction, industrial, textile, plastic composite, adhesives & sealants, paper & paperboard and other. Wherein, automotive industry has left its mark with higher consumption of acrylic based elastomers while driving global demand. Acrylic elastomers possess high thermal stability, higher chemical resistant and tensile strength, low shrinkage and greater design flexibility. Owing to the above mentioned properties, acrylic based elastomers are highly preferred in end use industries and are considered as major market drivers in global market. Furthermore, increasing coatings and paints application of these elastomers have raised the demand significantly. On the flip side, high cost of raw material along with rising cost of production will have a serious effect on the global growth of Acrylic Based Elastomers Market. 

Global Acrylic Based Elastomers Market, by form (2016) (%):


                                                                                   Acrylic Based Elastomers Market

Regional Analysis:


Asia Pacific is the largest market globally for Acrylic Based Elastomers. As of 2016, the region occupied majority global market shares both in terms of value and volume. This is due to large automotive base, growing construction projects, and economic development in this region. Moreover, China is the major contributor in this region followed by India, owing to the largest automobile manufacturing base. Also, growing construction activities across the region will have positive impact on regional demand of Acrylic Based Elastomers. North America emerged as second largest market for Acrylic Based Elastomers. Growth in automobile industry along with emerging paints and coatings applications in this region have upraised demand for acrylic based elastomers. U.S. and Mexico collectively drives North American market owing to increasing application of acrylic elastomers. Europe stands third in Global Acrylic Based Elastomers Market. European market growth highly credible to presence of major market players such as BASE SE and Arkema S.A. in this region.


Segmentation:


The Global Acrylic Based Elastomers Market is majorly segmented on the basis of form, end use and region. Market segmentation based on forms of acrylic elastomers includes polyacrylates and ethylene acrylate. Based on end use market has been segmented into automotive, paint and coatings, construction, industrial, textile, plastic composite, adhesives & sealants, paper & paperboard and other. 

Geographically, global market has been segmented into North America, APAC, Europe, Latin America, and Middle East & Africa.

Key Players:


Key players of the Global Acrylic Based Elastomers are DuPont (U.S.), BASF SE (Germany), Dow Chemical Company (U.S.), H.B. Fuller (U.S.), Eastman Chemical Company (U.S.), ExxonMobil Corporation (U.S.), ARKEMA (France), and others.


The report about Global Acrylic Based Elastomers Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions. 

Study Objectives of Acrylic based Elastomers Market:



  • To provide detailed analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the Global Acrylic Based Elastomers.

  • To understand the supply and demand dynamics including supply and consumption concentration mapping.

  • To provide region level market analysis and future outlook for North America, Europe, Asia, Middle East & Africa and Latin America and their countries.

  • To provide competitor positioning of the market.

  • To provide company profiling of major players in the market along with their production and capacity.

  • To provide regional trade analysis.

  • To evaluate historical market trends, patents and technologies, and current government regulatory requirements that are relevant to the market.


Intended Audience:



  • Acrylic Based Elastomers manufacturers

  • Traders and distributors of Acrylic Based Elastomers

  • Production Process industries

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratory



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   2022-2030: Substantial CAGR
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units    Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Form, End-Use Industry and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   DuPont (U.S.), BASF SE (Germany), Dow Chemical Company (U.S.), H.B. Fuller (U.S.), Eastman Chemical Company (U.S.), ExxonMobil Corporation (U.S.), ARKEMA (France), and others.
  Key Market Opportunities

  • High thermal stability
  • Higher chemical resistant
  • Tensile strength
  • Low shrinkage and greater design flexibility.

    		•
      Key Market Drivers

  • Acrylic based elastomers are highly preferred in end use industries
  • Increasing coatings and paints application of these elastomers\r\n

    		•


    Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :

    The forecast period for Acrylic Based Elastomers Market research report is 2020-2027.

    Acrylic Based Elastomers Market is dominated by APAC region.

    The main players in the Market are DuPont (U.S.), BASF SE (Germany), Dow Chemical Company (U.S.), H.B. Fuller (U.S.), Eastman Chemical Company (U.S.), ExxonMobil Corporation (U.S.), ARKEMA (France), and others.

    TABLE OF CONTENTS:

    1 Executive Summary

    2 Scope of The Report

    2.1 Market Definition

    2.2 Scope of The Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Segment rivalry

    4.2 Value Chain/Supply Chain of Global Acrylic Based Elastomers Market

    5 Industry Overview of Global Acrylic Based Elastomers Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact analysis

    5.4 Market Challenges

    5.5 Impact analysis

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7. Global Acrylic Based Elastomers Market by Region

    8. Global Acrylic Based Elastomers Market by Form (polyacrylates and ethylene acrylate)

    9. Global Acrylic Based Elastomers Market by End Use (automotive, paint and coatings, construction, industrial, textile, plastic composite, adhesives & sealants, paper & paperboard and other)

    10 Company Landscape

    11. Company Profiles

    11.1 DuPont

    11.1.1 Company Overview

    11.1.2 Product/Business Segment Overview

    11.1.3 Financial Updates

    11.1.4 Key Developments

    11.2 BASF SE

    11.2.1 Company Overview

    11.2.2 Product/Business Segment Overview

    11.2.3 Financial Updates

    11.2.4 Key Developments

    11.3 Dow Chemical Company

    11.3.1 Company Overview

    11.3.2 Product/Business Segment Overview

    11.3.3 Financial Updates

    11.3.4 Key Developments

    11.4 H.B. Fuller

    11.4.1 Company Overview

    11.4.2 Product/Business Segment Overview

    11.4.3 Financial Updates

    11.4.4 Key Developments

    11.5 Eastman Chemical Company

    11.5.1 Company Overview

    11.5.2 Product/Business Segment Overview

    11.5.3 Financial Updates

    11.5.4 Key Developments

    11.6 ExxonMobil Corporation

    11.6.1 Company Overview

    11.6.2 Product/Business Segment Overview

    11.6.3 Financial Updates

    11.6.4 Key Developments

    11.7 ARKEMA

    11.7.1 Company Overview

    11.7.2 Product/Business Segment Overview

    11.7.3 Financial Updates

    11.7.4 Key Developments

    12 Conclusion

    LIST OF TABLES:

    Table 1 World Population by Major Regions (2020-2027)

    Table 2 Global Acrylic Based Elastomers Market: By Region, 2020-2027

    Table 3 North America Acrylic Based Elastomers Market: By Country, 2020-2027

    Table 4 Europe Acrylic Based Elastomers Market: By Country, 2020-2027

    Table 5 Asia-Pacific Acrylic Based Elastomers Market: By Country, 2020-2027

    Table 7 Middle East & Africa Acrylic Based Elastomers Market: By Country, 2020-2027

    Table 6 Latin America Acrylic Based Elastomers Market: By Country, 2020-2027

    Table 8 Global Acrylic Based Elastomers by Form Market: By Regions, 2020-2027

    Table 9 North America Acrylic Based Elastomers by Form Market: By Country, 2020-2027

    Table 10 Europe Acrylic Based Elastomers by Form Market: By Country, 2020-2027

    Table11 Asia-Pacific Acrylic Based Elastomers by Form Market: By Country, 2020-2027

    Table13 Middle East & Africa Acrylic Based Elastomers by Form Market: By Country, 2020-2027

    Table12 Latin America Acrylic Based Elastomers by Form Market: By Country, 2020-2027

    Table14 North America Acrylic Based Elastomers for End User Market: By Country, 2020-2027

    Table13 Europe Acrylic Based Elastomers for End User Market: By Country, 2020-2027

    Table14 Asia-Pacific Acrylic Based Elastomers for End User Market: By Country, 2020-2027

    Table16 Middle East & Africa Acrylic Based Elastomers for End User Market: By Country, 2020-2027

    Table15 Latin America Acrylic Based Elastomers for End User Market: By Country, 2020-2027

    Table23 Global Form Market: By Region, 2020-2027

    Table24 Global End User Market: By Region, 2020-2027

    Table25 North America Acrylic Based Elastomers Market, By Country

    Table26 North America Acrylic Based Elastomers Market, By Form

    Table27 North America Acrylic Based Elastomers Market, By End User

    Table28 Europe: Acrylic Based Elastomers Market, By Country

    Table29 Europe: Acrylic Based Elastomers Market, By Form

    Table30 Europe: Acrylic Based Elastomers Market, By End User

    Table31 Asia-Pacific: Acrylic Based Elastomers Market, By Country

    Table32 Asia-Pacific: Acrylic Based Elastomers Market, By Form

    Table33 Asia-Pacific: Acrylic Based Elastomers Market, By End User

    Table34 Middle East & Africa: Acrylic Based Elastomers Market, By Country

    Table35 Middle East & Africa Acrylic Based Elastomers Market, By Form

    Table36 Middle East & Africa: Acrylic Based Elastomers Market, By End User

    Table37 Latin America: Acrylic Based Elastomers Market, By Country

    Table38 Latin America Acrylic Based Elastomers Market, By Form

    Table39 Latin America: Acrylic Based Elastomers Market, By End User


    LIST OF FIGURES:

    FIGURE 1 Global Acrylic Based Elastomers Market segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Five Forces Analysis of Global Acrylic Based Elastomers Market

    FIGURE 4 Value Chain of Global Acrylic Based Elastomers Market

    FIGURE 5 Share of Global Acrylic Based Elastomers Market in 2020, by country (in %)

    FIGURE 6 Global Acrylic Based Elastomers Market, 2020-2027, (USD billion)

    FIGURE 7 Sub-segments of End Users

    FIGURE 8 Global Acrylic Based Elastomers Market size by End User, 2020

    FIGURE 9 Share of Global Acrylic Based Elastomers Market by End User, 2020-2027

    FIGURE 10 Global Acrylic Based Elastomers Market size by Form, 2020

    FIGURE 11 Share of Global Acrylic Based Elastomers Market by Form, 2020-2027