Global Acrylic Based Elastomers Market, by form (2016) (%):
Regional Analysis:
Asia Pacific is the largest market globally for Acrylic Based Elastomers. As of 2016, the region occupied majority global market shares both in terms of value and volume. This is due to large automotive base, growing construction projects, and economic development in this region. Moreover, China is the major contributor in this region followed by India, owing to the largest automobile manufacturing base. Also, growing construction activities across the region will have positive impact on regional demand of Acrylic Based Elastomers. North America emerged as second largest market for Acrylic Based Elastomers. Growth in automobile industry along with emerging paints and coatings applications in this region have upraised demand for acrylic based elastomers. U.S. and Mexico collectively drives North American market owing to increasing application of acrylic elastomers. Europe stands third in Global Acrylic Based Elastomers Market. European market growth highly credible to presence of major market players such as BASE SE and Arkema S.A. in this region.
Segmentation:
Key Players:
Key players of the Global Acrylic Based Elastomers are DuPont (U.S.), BASF SE (Germany), Dow Chemical Company (U.S.), H.B. Fuller (U.S.), Eastman Chemical Company (U.S.), ExxonMobil Corporation (U.S.), ARKEMA (France), and others.
The report about Global Acrylic Based Elastomers Market by Market Research Future comprises of extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report further provides detail information about strategies used by top key players in the industry. It also gives a broad study about different market segments and regions. Study Objectives of Acrylic based Elastomers Market:
Intended Audience:
| Report Attribute/Metric | Details |
| Market Size | 2030: Significant Value |
| CAGR | 8.25% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Historical Data | 2019 & 2020 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Form, End-Use Industry and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Vendors | DuPont (U.S.), BASF SE (Germany), Dow Chemical Company (U.S.), H.B. Fuller (U.S.), Eastman Chemical Company (U.S.), ExxonMobil Corporation (U.S.), ARKEMA (France), and others. |
| Key Market Opportunities | High thermal stability Higher chemical resistant Tensile strength Low shrinkage and greater design flexibility. |
| Key Market Drivers | Acrylic based elastomers are highly preferred in end use industries Increasing coatings and paints application of these elastomers\r\n |
Acrylic Based Elastomers Market Highlights:
Frequently Asked Questions (FAQ) :
The forecast period for Acrylic Based Elastomers Market research report is 2020-2030
Acrylic Based Elastomers Market is dominated by APAC region.
The main players in the Market are DuPont (U.S.), BASF SE (Germany), Dow Chemical Company (U.S.), H.B. Fuller (U.S.), Eastman Chemical Company (U.S.), ExxonMobil Corporation (U.S.), ARKEMA (France), and others.
Team Lead - Research Anshula mandaokar holds an academic degree in chemical engineering and has been contributing to the field for more than 5 years. she has expertise in market research and business consulting and serves as a team lead for a reputed market research firm under the chemicals and materials domain spectrum. she has worked on multiple projects, generating explicit results in a quick turnaround time. her understanding of data interpretation justifies her role as a leader.
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