Global Butyl Acrylate
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Butyl Acrylate Market Report 2024.
The global Butyl Acrylate market will expand significantly by xx% CAGR between 2024 and 2031.
The demand for N-butyl acrylate product type is rising in the global Butyl Acrylate market.
Demand for high-purity types is rising in the global Butyl Acrylate market.
Demand for paints and coating applications is rising in the global Butyl Acrylate market.
North American region will continue to lead, as dominating region and highest compound annual growth rate in the forecast year 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Market Size | 121212 |
Country Market Size | 121212 |
North Americ Market Size | 121212 |
Europe Market Size | 121212 |
Asia Pacific Market Size | 121212 |
South America Market Size | 121212 |
Middle East and Africa Market Size | 121212 |
Market Split by Type |
|
Market Split by Application |
|
Market Split by Purity |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Butyl Acrylate industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Butyl Acrylate Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Butyl acrylate is known to be a foremost type of acrylic ester, which is extensively prevalent for its hardness, sturdiness, high-temperature resistance, and high strength. It is mainly used for manufacturing thermoplastic compounds. Butyl acrylate is perfect for surface coating applications. Butyl acrylate is produced from ester-grade acrylic acid, which is also known as glacial acrylic acid (GAA), with a small amount of n-butanol at high temperatures, at a yield of 94% to 95%. The production of butyl acrylate is generally integrated into an acrylic acid facility. Furthermore, it is anticipated that Butyl Acrylate's growing application in the paints and coatings industry will greatly fuel market expansion. Thanks to its growing uses in the construction and automotive industries, as well as the shift from traditional coatings to water-based paints and coatings, this category is expected to continue to have a dominant position in the Butyl Acrylate market. The global butyl acrylic market is anticipated to grow in the upcoming years due to the construction industry's persistent need, which affects the need for paints, coatings, and other uses of butyl acrylic, such as adhesives and sealants. Government programs that support advantageous laws intended to lower emissions of volatile organic compounds (VOCs) into the environment are also anticipated to boost demand for butyl amino acids internationally. The market for butyl acrylate is expected to be further driven during the projected period by the increasing need for water-based coatings and films in buildings, which have improved qualities including high stability, water and heat resistance.
Increasing demand for bio-based and sustainable butyl acrylate acts as an opportunity.
As consumers and regulators become increasingly aware of the negative effects that petroleum-based butyl acrylate has on the environment and human health, there is a growing market demand for bio-based and sustainable butyl acrylate. It usually comes from non-renewable, fossil fuel-based resources like natural gas and crude oil, which are linked to waste production, pollution, and greenhouse gas emissions.
For example,
Numerous industry participants are looking at renewable and alternative sources, like corn, sugar, and biomass, which have lower carbon footprints than traditional sources. These are made from renewable feedstocks by chemical catalysis or fermentation methods, created by Myriant Corporation, OPX Biotechnologies, and BASF.
Source (https://chemicals.basf.com/global/en/Catalysts/hydrogenation-specialty/sustainability.html)
Expansion in the automotive industry drives butyl acrylate market growth.
Rapid urbanization and an increase in disposable income are driving up demand for car ownership in emerging economies. big manufacturing hubs like China, Japan, and Germany are also seeing a return to pre-pandemic levels of car output, which is a big factor in the growth of the automobile sector.
In 2021, global car production increased by 3% compared to 2020, with China, Japan, and Germany leading the production. Butyl acrylate is an essential ingredient in the production of premium adhesives, sealants, and coatings that support lightweight manufacturing, enhancing fuel efficiency and guaranteeing long-term durability and resistance to severe environments.
Furthermore, the growing popularity of electric and hybrid cars as well as technological developments in driving are making this a profitable time for automakers and supporting the expansion of the butyl acrylate market.
For example,
India depends heavily on fossil fuels-based energy, and EV adoption is especially important for our country's economy and its growth prospects. The acceptance and development of the EV industry have received significant attention from the Indian government over the last several years, and this is manifest in the widespread use of electric vehicles. The governments, both at the central and state levels, are providing strategic policy support for achieving majority EV penetration by 2030 via programs like FAME, PLI, Tax Incentives (direct and indirect), tariffs, etc.
With an increase in the automotive sector, it supplements the butyl acrylate market. As it creates high-quality adhesives, sealants, and coatings that support lightweight production and guarantee long-term durability as well as resistance to severe environments, butyl acrylate is an essential component.
Rise in Paints and Coatings application leads to Butyl acrylate market growth
The surge in construction activities, rapid urbanization, and renovation or maintenance of existing infrastructure along with an increase in infrastructure investments in the developing countries is propelling the demand for quality paints and coatings globally.
For example,
The need for quicker construction is growing as a result of the boom in building activities in developing nations. According to the Global Powers of Construction (GPoC), revenue increased 6.3% to US$ 1,940 trillion in 2022. Construction sales surged despite obstacles like rising commodity prices, supply chain disruptions, and inflation brought on by a European war. But 2023 is predicted to witness slow growth because of the poor state of the economy, rising prices for building supplies, and labor scarcity.
Butyl acrylate improves the overall performance of paints and coating by ensuring the coating lasts for a longer time and offers better protection against extreme weather conditions.
For example,
The size of the Indian paints & coatings industry is estimated to grow to Rs 1 lakh crore in the next five years from the present Rs 62,000 crore. As raw materials account for approximately 55-60 percent of the input costs, price corrections in crude oil and other essential components resulted in improved margins for the industry.
Global demand for high-quality paints and coatings is being driven by an increase in infrastructure investments in developing nations, a surge in construction activities, rapid urbanization, and the rehabilitation or upkeep of existing infrastructure.
The market for butyl acrylic is not growing as quickly as it should due to fluctuations in raw material prices. Unpredictable price fluctuation for essential commodities threatens market stability and obstructs economic possibilities in general.
For example,
Only 6% of companies report full visibility on their supply chain. 69% of businesses still have poor visibility across their supply chains. This lack of visibility can lead to inefficiencies, increased costs, and a reduced ability to respond to disruptions.
These variations might affect the cost of production, which raises operating costs for companies in the butyl acrylate industry. The market's ability to grow is hampered by this economic uncertainty, necessitating the adoption of calculated strategies to manage and lessen the impact of these changes in raw material prices.
The market for butyl acrylate was negatively impacted by the recent coronavirus outbreak. Restrictions connected to COVID-19 have already caused problems for supply chain activities worldwide. A logistical standstill prevented the items from being transported. The production factories had to close as a result of lockdowns in multiple locations. Consequently, several manufacturers were forced to close their doors and incurred large financial losses. Demand has sharply declined from several industries, including the textile and automobile sectors.
As a result, the butyl acrylate market experienced a significant financial loss throughout the outbreak.
We have various report editions of Butyl Acrylate Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
Prominent manufacturers in the global Butyl acrylate market are investing substantially to cater to the diverse industrial applications of Butyl Acrylate. Several major companies such as Dow, Base, Arkema, LG Chem, Nippon Shokubai, TASNEE, Sasol, Mitsubishi Chem, TOAGOSEI (SG), Formosa, Sibur, Idemitsu, Jurong, Huayi, CNOOC, Basf YPC, Shenyang Chem, CNPC, FPC Ningbo, SATLPEC, Beijing Eastern, Kaitai, SANMU, Zhenghe Group, Yip’s Chem, Wan Chio (CN), Hongxin Chem and Wanhua Chem among others have experienced significant development and success as well as solidify their position as industry leaders. The Butyl Acrylate market is expected to expand due to its increasing use in the paints and coatings industry, particularly in the construction and automotive sectors. The shift from traditional coatings to water-based options is expected to maintain its dominant position. The global Butyl Acrylate market is expected to grow due to the construction industry's demand for paints, coatings, adhesives, and sealants. Government programs supporting environmentally friendly laws are also expected to boost demand for Butyl Acrylate internationally.
For example,
Bharat Petroleum Corporation Limited (BPCL), the second-largest Indian Oil Marketing Company, a ‘Maharatna’ and a Fortune Global 500 Company, dispatched the first consignment of Butyl Acrylate from its Propylene Derivative Petrochemical (PDP) complex at Kochi Refinery today, 18 October 2021.
BASF unveiled a new production complex in Zhanjiang, China. The plant is set to produce acrylic acid pure, butyl acrylate, and other components.
Source (https://www.basf.com/global/en/media/news-releases/2023/03/p-23-154.html)
Top Companies Market Share in Butyl Acrylate Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
North America had a significant portion of the market as a result of the region's growing butyl acrylate uses. The production of homopolymers, which are necessary for the creation of water-based paints, requires butyl acrylate. Given the rapidly expanding regional market, there will likely be an increase in demand for paints and coatings in the area. Asia Pacific region is estimated to dominate the Butyl acrylate market based on consumption. Because of the rising use of Butyl acrylate in paints and coatings, sealants, and adhesives which are further used in the building and construction industry is likely to boost the demand in upcoming years. As Asian countries are spending heavily on construction activities such as sustainable infrastructure, smart cities, commercial complexes, and residential buildings it is likely to contribute to Butyl acrylate market expansion.
The current report Scope analyzes Butyl Acrylate Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Butyl Acrylate Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Butyl Acrylate Industry growth. Butyl Acrylate market has been segmented with the help of its Type, Application Purity, and others. Butyl Acrylate market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The I-Butyl Acrylate, N-Butyl Acrylate, and T-Butyl Acrylate segments of the Butyl Acrylate Market are separated based on product type. By type, the Butyl Acrylate Market is led by the n-butyl segment. It is principally propelled by its wide range of uses in the building, packaging, and automotive sectors. The synthesis of styrene-butadiene-styrene (SBS) block copolymers, which are vital to the building and construction industry, requires N-butyl acrylate. In the construction industry, these block copolymers are widely used in waterproofing membranes, coatings, sealants, adhesives, and binders. As a result, it is anticipated that the growing use of N-butyl acrylate in these applications will accelerate its adoption over the anticipated time frame.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Butyl Acrylate Industry. Request a Free Sample PDF!
Based on end-user industries, the global Butyl Acrylate market includes Acrylate Copolymers, Paints and Coatings, Adhesives and Sealants, and Others. The Paints and Coatings industry holds a dominant position in the Butyl Acrylate market and is projected to further grow in the forecast period. It is driven by increasing demand across various applications in automotive, construction, industrial, and other sectors.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Butyl Acrylate market report 2024 Edition by contacting our team.
Based on purity, the Butyl Acrylate Market is split into High Purity and Common Purity segments. The Butyl Acrylate market is dominated by the High purity segment.
Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Butyl Acrylate Market is witnessing significant growth in the near future.
In 2023, the i-butyl acrylate segment accounted for noticeable share of global Butyl Acrylate Market and is projected to experience significant growth in the near future.
The Paints and coatings segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Dow , Arkema and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
The chemical formula for butyl acrylate is C4H9O2CCH=CH2. It is the butyl ester of acrylic acid and is a colorless liquid. It serves as a significant commercial predecessor to poly-butyl acrylate.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Type | i-butyl acrylate, n-butyl acrylate, t-butyl acrylate |
Application | Paints and coatings, Adhesives and synthesis, Chemical synthesis, Plastic additives, Textiles, Others |
Purity | High, Common |
List of Competitors | Dow, Basf, Arkema, LG Chem, Nippon Shokubai, TASNEE, Sasol, Mitsubishi Chem, TOAGOSEI (SG), Formosa, Sibur, Idemitsu, Jurong, Huayi, CNOOC, Basf YPC, Shenyang Chem, CNPC, FPC Ningbo, SATLPEC, Beijing Eastern, Kaitai, SANMU, Zhenghe Group, Yip's Chem, Wan Chio (CN), Hongxin Chem, Wanhua Chem |
This chapter will help you gain GLOBAL Market Analysis of Butyl Acrylate. Further deep in this chapter, you will be able to review Global Butyl Acrylate Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Butyl Acrylate Market Trends North America Butyl Acrylate Technological Road Map North America Butyl Acrylate Market Drivers North America Butyl Acrylate Market Restraints North America Butyl Acrylate Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Purity Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Butyl Acrylate market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why i-butyl acrylate have a significant impact on Butyl Acrylate market? |
What are the key factors affecting the i-butyl acrylate and n-butyl acrylate of Butyl Acrylate Market? |
What is the CAGR/Growth Rate of Paints and coatings during the forecast period? |
By type, which segment accounted for largest share of the global Butyl Acrylate Market? |
Which region is expected to dominate the global Butyl Acrylate Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Butyl Acrylate Market
Request Sample