This site uses cookies, including third-party cookies, that help us to provide and improve our services. Read More

Ethyl Acrylate Market

Ethyl Acrylate Market

Ethyl Acrylate Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2026

Ethyl Acrylate Market
FACT1052MR

Market Overview

Adoption of ethyl acrylate has bore the brunt of controversies regarding health issues associated to its exposure, including headache, convulsions, drowsiness, lethargy, gastrointestinal, and respiratory irritation. But, with studies evolving with respect to essentiality of ethyl acrylate and with some positive effects it induces in the target applications, adoption rate of ethyl acrylate is increasing, yet at a steady rate. Used in manufacturing water-based adhesives and latex paints, demand for ethyl acrylate has been witnessing a notable rise. Ethyl acrylate is also used in case of textile as well as paper coatings, which is further adding to its overall demand.

Ethyl acrylate has been long famed for its use in manufacturing acrylic fibers. Moreover, high solubility of ethyl acrylate in alcohols, ethers, and other common organic solvents is boosting its popularity by a considerable margin. Use of ethyl acrylate in emulsion-based polymers is one of the predominant reasons pushing the demand for ethyl acrylate.

The demand for ethyl acrylate is increasing across a wide-range of end use industries, including leather, paints, plastics, paper, packaging, and textiles, is adding to its overall demand trajectory. Use of ethyl acrylate in the form of a coating in case of household items, ranging from magazines to envelope adhesives, is also triggering its adoption rate.

Ethyl acrylate is the ethyl ester of the parent acrylic acid. Ethyl acrylate finds wide applications in the homo-polymers and chemicals industry. Ethyl acrylate exhibits good water and sunlight resistance coupled with excellent weathering and low temperature flexibility. Being too volatile, ethyl acrylate reacts easily with many organic and inorganic compounds. Ethyl acrylate is colorless and is not soluble in water. However, it is readily soluble in organic solvents such as alcohols.

Excess exposure to ethyl acrylate may cause drowsiness, headache and nausea. Along with being highly toxic, ethyl acrylate causes irritation to skin, eyes and respiratory tracks. Ethyl acrylate is a carcinogen and might prove to be fatal under prolonged exposure. Being too volatile, ethyl acrylate reacts easily with many organic and inorganic compounds. Ethyl acrylate is colorless and has low solubility in water. However, it is readily soluble in organic solvents such as alcohols.

Ethyl acrylate is used in production of co-polymers like acrylic acid and its salts, amides, esters, acrylonitrile, methacrylate, vinyl acetate, vinylidene chloride, vinyl chloride, styrene, butadiene, maleates, and other unsaturated polyesters. Polymers such as rubbers, denture materials, plastics and resins require ethyl acrylate as one of the raw materials. Manufacturers around the world use ethyl acrylate to produce resins which are further used to manufacture coatings, paints or latex products.

Market Dynamics:

Owing to its wide applications in the paints and coatings segment, ethyl acrylate market is largely dependent on the growth of the construction and infrastructure sector. Ethyl acrylate is in a stable demand from the pharmaceutical sector due to its use as a reagent in various pharmaceutical intermediates. The feasible properties and a high demand from the end user industries are the key factors in the growth of the global market of ethyl acrylate.

Acrylic acid is a vital raw material in the production of ethyl acrylate and propylene is widely used for the commercial manufacture of acrylic acid. Any advancement in the global prices of propylene adversely affect the cost of acrylic acid and its derivatives, particularly ethyl acrylate. Also, since ethyl acrylate is highly toxic, several environmental regulations limit its growth.

Health and safety organizations such as the New Jersey Department of Health and Senior Services, OSHA, NIOSH and ACGIH have termed ethyl acrylate as a “Carcinogen with extreme caution” and advice to reduce its human exposure to the lowest level possible. Economical and safety concerns tend to overshadow the numerous advantages of ethyl acrylate.

Many of the key market players of ethyl acrylate are observed to adopt an expansion strategy to maintain a steady supply for the growing demands. For instance, in 2017, Arkema S.A. invested $90 million in its acrylic acid production units on Clear Lakes, Texas upgrading the total capacity to 270 kt/year.

Regional Outlook:

Region wise, Asia Pacific dominates the global ethyl acrylate market. Owing to the growth of the construction and infrastructure business in regions like Asia Pacific and North America, the demand from these regions will experience a stable growth. In terms of applications, it is predicted that the adhesives and sealants will undergo the fastest growth with Asia Pacific region leading the global market.

List of Key Participants:

  • The Dow Chemical Company
  • Arkema S.A.
  • Mitsubishi Chemical Corporation
  • Tokyo Chemical Industry Co., Ltd.
  • Wanhua Chemical Group Co., Ltd.
  • I. du Pont de Nemours and Company
  • Sasol Limited
  • LG Chem Ltd.
  • Toronto Research Chemicals
  • BASF SE
  • SIBUR

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

Avail customized purchase options for your needs

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (India, ASEAN, Australia & New Zealand)
  • China
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa, Turkey)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

An Adaptive Approach to Modern-day Research Needs

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Market Segmentation:

The ethyl acrylate market can be segmented on the basis of application and end use industry.

On the basis of application, ethyl acrylate can be segmented into:

  • Adhesives and Sealants
  • Surface Coatings
  • Detergents
  • Plastic Additives
  • Others

On the basis of end use industries, ethyl acrylate market can be segmented into:

  • Plastics industry
  • Leather industry
  • Paints and coatings industry
  • Packaging industry
  • Paper industry
  • Textiles industry

Need an Exclusive Report for your Unique Requirement?

- Related Reports -

Test Paper for Disinfectants Market

Test Paper for Disinfectants Market research report covers detailed information on Global Test Paper...

Chlorothalonil Market

Growing demand for furniture across the globe is projected to propel the chlorothalonil market. Grow...

Carbon Fiber Tape Market

The carbon fiber tape market is poised to grow at a 10% CAGR throughout 2030. The aerospace and auto...

Myristoyl Chloride Market

The myristoyl chloride market is set to witness steady growth during 2020-2030, owing to the growing...

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.