Acrylate Market Anticipated Worth of $14.7 Billion by 2028
The Acrylate Market is expected to grow at a CAGR of 6.4% to reach USD 14.7 billion by 2028 from USD 10.8 billion in 2023. The market growth is driven by various factors, including the significant demand from end-use industries such as building & construction, packaging, consumer goods, automotive, textiles, biomedical, cosmetics & personal care, and other industries. The key global players in the acrylate market, such as Arkema S.A. (France), BASF SE (Germany), Dow Inc. (US), Nippon Shokubai Co., Ltd. (Japan), Evonik (Germany), LG Chem (South Korea), Mitsubishi Chemical Group Corporation (Japan), Sasol (South Africa), Sibur (Russia), and Wanhua Chemical Group Co. Ltd. (China), have a strong foothold in their respective regions and are exploring geographic diversification options to expand their businesses. They are focusing on increasing their market shares through new product launches and expansions.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=172108731
BASF SE
BASF is a leading chemical company. The company operates under 6 business segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. It offers acrylate through the functional chemicals business segment. The company’s research is divided into three global divisions: Process Research & Chemical Engineering, Advanced Materials & Systems Research and Bioscience Research. It supplies products and services to 90,000 customers. The company holds one of the top three market positions in around 80% of the business areas in which it is active. The company operates 6 Verbund sites and 232 additional production sites across Europe, Asia Pacific, North America, South America, Central America, Middle East & Africa.
Arkema S.A.
Arkema S.A. is one of the leading companies providing specialty materials. The company has expertise in material science and designs materials to address the ever-growing demand for innovative and sustainable materials. The company operates through four business segments, namely adhesive solutions, advanced materials, coating solutions, and intermediates, and provides acrylate under the coating solution segment. Arkema S.A. serves various industries, including agriculture and food, automotive, transportation and aerospace, building and construction, electronics and electricals, chemicals and plastics, pulp and paper, and oil and gas.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=172108731
The company has a strong global presence, operating through 44 plants and 5 R&D centers in North America, 60 plants and 7 R&D centers in Europe, and 44 plants and 4 R&D centers in Asia Pacific and the rest of the world. In 2022, the company filed 205 patents, 92% of which were related to sustainable development.
Read Our Trending Press Release Below:
Industrial Nitrogen Generator Market – Global Forecast till 2026
White Inorganic Pigments Market– Global Forecast to 2026
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/acrylate-market-172108731.html
