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The report is designed to provide a holistic view of the Methyl Acrylate Market 2030. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for each country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.
Data Bridge Market Research analyzes that the global methyl acrylate market is expected to reach a value of USD 650,128.46 thousand by 2030, at a CAGR of 6.6% during the forecast period.
Top Companies in the Global Methyl Acrylate Market:
Mitsubishi Chemical Group, NIPPON SHOKUBAI CO., LTD., LG Chem, Dow, BASF SE, Arkema, DuPont, EVONIK, Merck KGaA, Solventis, Shanghai Huayi Acrylic Acid Co., Ltd., SIBUR INTERNATIONAL, Nouryon, Jurong Group Su, and SHANGDONG KAITAI PETROCHEMICAL Co., LTD. among others, among others.
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This report segments the global Methyl Acrylate Market are:
By Type
On the basis of type, the market is segmented into industrial and pharmaceutical.
By Purity Grade
On the basis of purity grade, the market is segmented into less than or equal to 99% and greater than 99%.
By Application
On the basis of application, the market is segmented into surface coatings, chemical synthesis, adhesives and sealants, plastic additives, detergents, textiles, and others.
By End User
On the basis of end user, the market is segmented into paint and coating, automobile, packaging, construction, cosmetics, and others.
Browse The Report Description:
https://www.databridgemarketresearch.com/reports/global-methyl-acrylate-market?Pradip
DRIVERS
Methyl acrylate, stabilized is a colorless volatile liquid with a pungent odor. Its vapors may irritate the eyes and respiratory system. It is very toxic if inhaled, ingested, or comes in skin contact. It is less dense than water (0.957 g/cm3) and poorly soluble in water, so it floats on water. Its vapors are heavier than air. It is a raw material in applications including acrylic fibers, fiber treatments, molding resins, adhesives, paints, coatings, and emulsions.
Methyl acrylate is used in a variety of industries, including coatings, adhesives, textiles, and plastics. Growth in these industries is expected to increase the demand for methyl acrylate.
Thus, the increase in the demand for methyl acrylate-based products is acting as a driver for market growth.
Methyl acrylate is often used in the production of polymers and resins, especially acrylic fibers, coatings, and adhesives. It is also used as a starting material in the synthesis of various chemicals, including agricultural chemicals, medicines, and perfumes.
The traditional method of making methyl acrylate involves the reaction of acrylic acid with methanol in the presence of a catalyst. The reaction is exothermic and usually requires cooling to control the temperature.
Thus, technological advancement in the manufacturing process of methyl acrylate is acting as a driver for market growth.
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Methyl Acrylate Market
-Changing the Methyl Acrylate market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Methyl Acrylate market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Methyl Acrylate Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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