Butyl Acrylate Market to Exceed Valuation of USD 4997.35 million at a 5.1% CAGR by 2029

Market Definition

Butyl acrylate is known to be a foremost type of acrylic esters, which is extensively prevalent for its hardness, sturdiness, high temperature resistance and high strength. It is mainly used for manufacturing thermoplastic compounds. Butyl acrylate is perfect for surface coating applications. Butyl acrylate is produced from ester grade acrylic acid, which is also known as glacial acrylic acid (GAA), with a small amount of n-butanol at high temperatures, at a yield of 94% to 95%. The production of butyl acrylate is generally integrated to an acrylic acid facility. 

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Market Analysis and Size

There has been an increase in the output and use of butyl acrylate for a variety of applications in recent years, and this trend is expected to continue in the coming years. The market's evolution is expected to be aided by the adoption of sustainable and advanced manufacturing processes, as well as rising demand in the petrochemical sector. Refurbishment and restoration operations, as well as construction plans, have increased as a result of improved infrastructure, rising disposable incomes, and changing lifestyles. The global butyl acrylate market is expected to grow in the coming years due to the expanding scope of use in these applications.

Global Butyl Acrylate Market was valued at USD 3,356.74 million in 2021 and is expected to reach USD 4997.35 million by 2029, registering a CAGR of 5.1% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

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Competitive Landscape and Butyl Acrylate Market Share Analysis

The butyl acrylate market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to butyl acrylate market.

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