Global 2-Ethylhexyl Methacrylate Industry Market Report Description:
Global 2-Ethylhexyl Methacrylate industry market report gives comprehensive outlook on 2-Ethylhexyl Methacrylate Industry across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The report on global 2-Ethylhexyl Methacrylate industry market gives historical, current, and future market sizes (US$ Mn) on the basis of application, and regions. This report studies global 2-Ethylhexyl Methacrylate industry market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global 2-Ethylhexyl Methacrylate industry market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global 2-Ethylhexyl Methacrylate industry market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global 2-Ethylhexyl Methacrylate Industry market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global 2-Ethylhexyl Methacrylate Industry products.
Global 2-Ethylhexyl Methacrylate Industry Market:
The global 2-Ethylhexyl Methacrylate industry market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. 2-ethylhexyl acrylate is a convenient feedstock for chemical synthesis because it voluntarily endures addition reactions with wide-ranging organic and inorganic compounds. The physical, toxicological, chemical properties of 2-ethylhexyl acrylate can be considerably improved by using additives or stabilizers. 2-ethylhexyl acrylate finds its application in paints and coatings, printing inks, superabsorbent polymers, adhesives and sealants, plastics. These factors contributes to the growth of market. However rising cost of the product further dampens the growth of market.
Rising Demand from Various End Users
2-ethylhexyl methacrylate has a wide range of application in personal care, adhesives & sealants, leather, plastics, printing inks, superabsorbent polymers, others. Development of personal care industry is one of the leading factors contributing towards the global 2-ethylhexyl acrylate market. 2-ethylhexyl acrylate comprises of products such as diapers and hygiene products. Upsurge in demand from the construction industry, particularly from the paints & coatings sector, is majorly accelerating the market growth.
Asia Pacific Accounts for Larger Market Revenue Share in Global 2-Ethylhexyl Methacrylate Industry Market
Asia Pacific accounts for noteworthy CAGR in the market due to the occurrence of widespread construction industry coupled with increased spending expenditure of the consumers. The market in North America and Europe is expected to grow at a steady pace owing to technological advancement. Expansion of oil and gas sector has created a new opportunity for the 2-ethyl hexyl acrylate market in Middle East & Africa.
Key player’s profiles in the global 2-ethylhexyl methacrylate industry market include:
- Mitsubishi Rayon,
- NOF Corporation,
- BASF Group,
- MITSUBISHI GAS CHEMICAL,
- Kyoeisha Chemical,
- Fushun Anxin Chemical,
- Shanghai Hechuang Chemical
Key players in 2-ethylhexyl methacrylate industry market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, – Mitsubishi Rayon Co. Ltd. (MRC, Tokyo, Japan) has acquired Gemini Composites (Seattle, Wash.), the design, engineering and prototyping firm specializing in product development using forged composite technology.
Key Findings of the Report:
- Global 2-ethylhexyl methacrylate industry market expanding at significant CAGR over 2019 to 2025 due to growth in personal care industry.
- Based on application, paints and coatings segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global 2-ethylhexyl methacrylate industry market
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market.
By Application Type
- Personal care
- Adhesives & sealants
- Printing inks
- Superabsorbent polymers
- Rest of Europe
- Rest of Asia Pacific
- Rest of Latin America
Middle East and Africa
- South Africa
- Gulf Corporation Council Counties (GCC)
- Rest of MEA