Global 2 ethylhexyl acrylate market

Global 2-Ethylhexyl Acrylate Market MicroMarketMonitor

By Application (Surface Coatings, Adhesives & Sealants, Plastic Additives, Detergents, Textiles), by Geography (North America, Europe, Asia-Pacific, Rest of the World) Analysis and Forecast to 2019

2-Ethylhexyl acrylate is a water white liquid with a characteristic odor. It is readily polymerized and displays a range of properties dependent upon the selection of the monomer and reaction conditions. It is a stable product, with negligible solubility in water. Its main application segments include surface coatings, adhesives & sealants, plastic additives, detergents, and textiles, among others. The surface coating manufacturers are its largest consumers, having consumed over half of the global demand for 2-ethylhexyl acrylate in 2014.

The key player include Hexion Inc.(U.S.), Arkema SA (France), BASF SE (Germany), and Nippon Shokbai (Japan), among others.

The global 2-ethylhexyl acrylate market was valued $978.8 million in 2014 and is expected to reach $1,340.5 million by 2019, at a CAGR of 6.5% during the period under consideration. The rapid growth of the construction and manufacturing industry, which is the biggest consumer of surface coatings, and adhesives & sealants, is contributing to the growth of the global 2-ethylhexyl acrylate market, globally.

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Almost 36% of the total 2-ethylhexyl acrylate demand was for the surface coatings applications in 2014. The adhesives & sealants segment is expected to be the fastest-growing segments during the given forecast period, primarily due to its high penetration across all the regions.

The global 2-ethylhexyl acrylate market, along with its end products, has witnessed a significant growth in the past few years and this growth is estimated to increase in the coming years. 2-ethylhexyl acrylate is one of the basic organic chemical raw materials mainly used in the production of coatings, adhesives, superabsorbents, thickeners, plastic additives, and so on. The quality, high efficiency, and weatherability are some of the major features that drive the demand for 2-ethylhexyl acrylate market, globally; and the upcoming

safety regulations & innovative techniques for its use will be the key influencing factors for the global 2-ethylhexyl acrylate market in the coming years.

2-ethylhexyl acrylate is one of the basic organic chemical raw materials mainly used in the production of coatings, adhesives, superabsorbents, thickeners, plastic additives, and so on. The quality, high efficiency, and weatherability are some of the major features that drive the demand for 2-ethylhexyl acrylate market, globally; and the upcoming safety regulations & innovative techniques for its use will be the key influencing factors for the global 2-ethylhexyl acrylate market in the coming years.

Among the applications, the surface coatings segment accounted for 36% of the global market in 2014. The increasing consumer preference towards highquality super-absorbents and adhesives produced from 2-ethylhexyl acrylate is expected to drive the growth of the 2-ethylhexyl acrylate market in the coming years.

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