Covid 19 Impact
COVID-19 pandemic has affected this industry at a large scale. Post pandemic, the global Sodium Acrylates Copolymer industry is estimated to be valued USD twelve thousand million in 2022, and is expected to expand to USD twenty two million by 2028, with a CAGR of over the forecast timeframe 2022-2028. Particles are estimated to account for the Acrylates Copolymer global market in 2021, expanding at a revised CAGR of it from 2022 to 2028, taking into consideration the economic shift induced by this health risk. During the forecast period, the Foodservice category is predicted to rise at a CAGR.
The global Acrylates Copolymer market is expected to develop USD 14.35 Billion by 2030, at a compound annual increase in price (CAGR) of 11.5% throughout the forecast period.
The largest use of acrylates copolymer is in painting of infrastructures, commercial buildings, architectural paints and coatings. This was the main reason for the increased demand of Acrylates copolymer in 2021 .
Additionally, the cosmetic industry retains the leading position owing to the increasing usage of Acrylates polymers in skin care products. The use of Acrylates Copolymer in the creation of bottles and containers to offer waterproofing and climate endurance is being championed by the restaurant business. Additionally, due to a rise in the adoption of acrylic copolymer in the production of paints and coatings, the chemical segment is anticipated to have substantial market boom. The burgeoning usage of Acrylates Copolymer in the creation of windows, skylights, and other components is a major driver of the glass market. The local industry has also been stimulated by the expanding use of polymers in the development of the sponge fill used in padded jackets.
By 2024, APAC is expected to have a market share of about 70.0 percent in the worldwide acrylates market in terms of value. This is primarily due to increased demand for acrylic goods in the construction and automotive sectors in China, India, South Korea, and Japan, which is driven by expanding population, rapid urbanisation, and rising disposable income.
the country possesses high-volume integrated manufacturing capabilities. This, along with the strong downstream demand, results in the country's extensive use of acrylates.
The Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa are the five major world regions within which the Global Acrylates Copolymer Market is categorized. Expected to drive the market for Acrylates Copolymer in the cosmetic and food and beverage sectors, North America dominates the market between these regions. Thanks to increased consumer awareness and superior brand image including extensibility and simple removal, the cosmetic industry currently accounts for the bulk of the market. These variables predict that the United States, Canada, and Mexico will be the top competitors over the projected timeframe.
The worldwide acrylates market was worth $10,949.9 million in 2018, and it's expected to grow to USD 21,300 million by 2028, with a CAGR of 4.9 percent throughout that time (2019-2029). Butyl acrylate has the biggest percentage of all acrylates in 2018.
Acrylates Copolymer is an outstanding film-forming polymer that gives cosmetics items water resistance.
The ability of the acrylates copolymer to absorb skin secretions reduces skin shine and improves the cosmetics application surface. It's used in skin cleansers, oil control treatments, cosmetics, and loose and compacted powders, among other things. When applied to the skin, it also helps to neutralize some unfavorable qualities while simultaneously enhancing beneficial ones.
The acrylates copolymer, for example, lowers the tackiness and greasiness of glycerine while increasing its availability in the skin's interstitial network. Acrylates copolymer enhances the formulation's stability and skin contact time when combined with retinyl palmitate.
Global Sodium Acrylates Copolymer Market offers an in-depth analysis of the market state of Sodium Acrylates Copolymer manufacturers with the most up-to-date facts and data, overview, definition, SWOT analysis, expert views, and the most recent developments from around the world. In this research report,we have studied the market size, Acrylates Copolymer Sales, Price and Revenue structure ,loss and profit projections, Gross Margin and Market Share, Size, cost structure, and growth rate.
The global acrylates copolymer sector is bifurcated into industrial applications, thus according our findings. The market can be further separated into cosmetic, chemical, foods & drinks, leather, adhesives, glass, textiles, and others on the basis of application. Owing to the growing usage of Acrylates Polymers in moisturisers, sun & skin protection, hair care products, and shaving creams, the cosmetics sector has the lion's chunk of the global among these. Owing to the increasing usage of polymers in ordered materials to provide temperature resistance and water-proof features, the food category is estimated to have a greater rise in the markets. Due to the product's high stiffness and strength, there will be an increase in costs for acrylates copolymer in the industrial and glass sectors throughout the evaluation period.
The Acrylates Copolymer Market has been segmented based type, application, and geographical locations. Each segment of the acrylate’s copolymer market is methodically studied in consideration of its share of the market, CAGR, growth in terms of value and volume, and other related aspects. For a detailed insight of the Acrylates Copolymer, we also have offered Porter's Five Forces and PESTLE analysis. The research sought to investigate the continuing market evolution, which comprises mergers, acquisitions, the market expansion, associations, amalgamations, and other recent changes.
- Nippon Shokubai Co. Ltd.
- Shenyang Chemical Co. Ltd.
- Shanghai Huayi Acrylic Acid Co. Ltd.
- National Industrialization Company – TASNEE
- Sasol Limited
- BASF SE
- LG Chem Ltd.
New Innovations in Acrylates Copolymer
Dow Corning has released two new silicone acrylate copolymers that have improved durability and aesthetics while also being simple to formulate for color cosmetics.
Dow Corning FA 4001 CM Silicone Acrylate [INCI: Cyclopentasiloxane
acrylates/polytrimethylsiloxymethacrylate copolymer] and Dow Corning FA 4002 ID Silicone Acrylate: Isododecane (and) acrylates/polytrimethylsiloxymethacrylate copolymer] are the two new silicone acrylate copolymers.
Market Segmentation by Types:
Market Segmentation by Applications:
Acrylates Copolymer Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 21,300 million.|
|Growth Rate||CAGR of 4.9% during 2021-2028|
|Segment Covered||By Type, By Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and South Africa|
|Key Players Profiled||Nippon Shokubai Co. Ltd., Shenyang Chemical Co. Ltd., Shanghai Huayi Acrylic Acid Co. Ltd., National Industrialization Company – TASNEE, Sasol Limited, BASF SE, LG Chem Ltd. & among others|
Market segmentation by Regional Overview:
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa