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Global Butyl Acrylate Market is expected to Grow at a CAGR of 4.48% by 2032

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ChemAnalyst Research
Global Butyl Acrylate Market is expected to Grow at a CAGR of 4.48% by 2032

According to ChemAnalyst report, “Global Butyl Acrylate Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, Manufacturing Process, 2015-2032”, The Butyl Acrylate market will most likely experience a significant rise and reach approximately 4000 thousand tonnes in 2032, at an expected CAGR of 4.48% during the forecast period by 2032. The rising demand for Butyl Acrylate by Acrylate Copolymers, Paints and Coatings, Adhesives and Sealants end-use industries is anticipated to swell the global Butyl Acrylate market in the forecast period.


The Acrylate Copolymers sector is projected to drive the butyl acrylate market. Acrylate Copolymers are utilised as solvents in a variety of downstream industries, including paints and coatings, adhesives, and the construction and automotive sectors. Another factor driving market growth is the increasing use of butyl acrylate in the paints and coatings category. The paints and coatings segment is expected to maintain its dominance in the butyl acetate market in the coming years, owing to its expanding use in the construction and automotive industries, as well as an increase in the replacement of old coatings with water-based paints and coatings. Continuous increase in demand by the construction sector, which drives the need for paints, coatings, and other Butyl Acrylate applications such as adhesives and sealants, will most likely drive the worldwide Butyl Acrylate market in the coming years. It appears that government actions in terms of favourable policies increasing attention on lowering VOC emission plastics in the environment would also encourage Butyl Acrylate market demand globally. Furthermore, there is a growing need for water-based coatings and films in buildings with better features such as high stability, water and heat resistance, which is anticipated to further drive the Butyl Acrylate market in the forecast period.


Read Full Report Here: https://www.chemanalyst.com/industry-report/butyl-acrylate-market-58


The global Butyl Acrylate market is segmented based on end-use, sales channel, and region. Based on region, Asia Pacific dominates the butyl acrylate market based on consumption. In 2022, this region consumed approximately 55% of the global butyl acrylate market and is anticipated to maintain its dominance in the upcoming years. Because of the rising use of butyl acrylate in paints, coatings, sealants, and adhesives which are further used in the building and construction industry is likely to boost the butyl acrylate demand in the forthcoming years.


Based on the end-user industry, the global Butyl Acrylate market is segmented into Acrylate Copolymers, Paints and Coatings, Adhesives and Sealants, and Others. The Acrylate Copolymers industry is dominating the Butyl Acrylate market and is anticipated to grow further in the forecast period. Another significant consumer of Butyl Acrylate global market is the Paints and Coatings industry. The need for Butyl Acrylate in this segment is being driven by an increase in the demand for paints & coatings for a variety of applications across numerous end-use industries, including automotive, construction, industrial, and others.  


“Global Butyl Acrylate Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, Manufacturing Process, 2015-2032”, the significant players functional in the Butyl Acrylate market are BASF SE, Dow Chemical Company, Arkema, LG Chem Ltd., Formosa Plastics Corporation, Saudi Acrylic Monomers Company(SAMCO), Shanghai Huayi Acrylic Acid Co., Ltd, PETRONAS Chemicals Group Berhad (PCG), Zhejiang Satellite Petrochemical Co., Ltd., Oita Chemical, Nippon Shokubai Co., Ltd. , Bharat Petroleum Corporation Limited, and others.


Read Free Sample Report: Global Butyl Acrylate Market


“The constantly expanding demand from the Acrylate Copolymers and paints & coatings industries is predicted to drive the Butyl Acrylate market till 2032. Consistently rising demand for Butyl Acrylate monomers in the formulation of water-based acrylic emulsions for domestic and industrial coatings, rising demand for water-based coatings, and its extensive application in the automotive industry are expected to boost the Butyl Acrylat market in the forthcoming years. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.


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