Global Acrylic Resins Sales Market Research Report 2018 report is to analyze the Acrylic Resins Sales market, along with its statistics from 2018 to 2025. The study also aims to define, describe, and forecast the Acrylic Resins Sales market on the basis of application area, types, manufacturers, and region.
The year 2017 has been considered as the base year for this study on the Acrylic Resins Sales market, whereas 2018 to 2025 has been considered as the forecast period. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Acrylic Resins Sales market. Additionally, the report also highlights market entry strategies for various companies across the globe.
The major players are trying to tap the market opportunity through various collaborations and agreements with other small players. Key Players discussed are, BASF SE, The DOW Chemical Co., Arkema SA, Air Products and Chemicals, Inc., Formosa Plastics Corporation, Nippon Shokubai Co., Ltd., Mitsubishi Chemical Holdings Corporation, DIC Corporation, Momentive Specialty Chemicals Inc., Hitachi Chemical Co., Ltd
This report segments the global Acrylic Resins Sales markets on the basis of types are,
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On the basis of application, the Acrylic Resins Sales market is segmented into:
- Paints & Coatings
- Industrial & Commercial
- Paper & Paperboard
- Textiles & Fibers & Adhesives
The report also provides such graphically represented data of manufacturers by sales, Revenue, Revenue Share, and Average Price. It also provides information on Competitive situation and Trends. A report also makes sure to give updated information on major Mergers, Acquisition and Expansion happening around the globe.
Report further analysis regional market information by segregating major different regions as United States, North America, Canada, EU, China, Europe, Japan, Southeast Asia, South Korea, Taiwan and India. This section gives data on Revenue, Market Share and Sales by each region.
One of the Chapters analyzes the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions. This detailed analysis will show the market by type and application, with sales market share and growth rate by type, application, from 2012 to 2017.
Increasing market penetration in medical devices and automotive industry is expected to remain a key driving factor for acrylic resins market demand over the forecast period. Acrylic resins are widely used to manufacture automotive interiors, exterior panels and instrument clusters. Growth of automotive industry, particularly in China, India and Brazil, coupled with increasing government intervention regarding weight reduction in vehicles has driven the demand for thermoplastics. This trend is expected to have a positive influence on the market growth. Increasing preference for acrylic resins in medical devices as an alternative to PVC and polyethylene on account of health hazards associated with them has helped in development of overall market.
Rapid urbanization and industrialization particularly in emerging economies across the globe have prompted governments to increase construction spending. This trend is expected to drive acrylic resin demand in construction and architectural applications. Acrylic resins based on methyl methacrylate (MMA) are used in optical printed circuit boards of LED screens. Increasing disposable income has driven the demand for electronics across the globe.
This trend coupled with growth of electronics industry in Asia, particularly Taiwan, South Korea and China, are expected to further fuel the market growth. Market participants are expected to face challenge mainly in the form of volatile raw material prices and growing environmental concerns degradability of plastics. Heavy investment in R&D by companies to develop bio-based raw materials to counter such challenges is expected to yield opportunities. BASF, Cargill, Arkema and Novozymes are a few major companies to have successfully developed bio-based acrylic acid and its derivative resin.
Asia Pacific is a major regional acrylic resins market. The market in the region is characterized by growth of key industries such as infrastructure, electronics, automotive and healthcare. Flexible regulations coupled with government support such as tax relief to promote manufacturing, predominantly in China and India, are expected to positively impact acrylic resin production in the region. The global acrylic resins market is highly fragmented with companies involved in M&A to gain market share. In 2011, Arkema acquired TOTAL’s resin production unit. Some major companies operating in the global acrylic resins market include BASF S.E., Dow Chemical Company, Evonik Industries AG, Formosa Plastic Corp., Arkema S.A., Solvay and Eastman Chemical Company.
Complete details about the report with Table of Content and List of Figures @ https://www.marketinsightsreports.com/reports/0213217637/global-acrylic-resins-sales-market-report-2018
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Global Acrylic Resins Sales Market in these regions, from 2014 to 2025 (forecast), covering
|Market Segment by Regions||2014||2018||2025||Share (%)||CAGR (2018-2025)|
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