BASF signed a Letter of Intent (LOI) with Youyi Group (Youyi) on April 2024. This agreement is an important step toward strengthening the two companies' strategic cooperation, with a focus on the supply of butyl acrylate (BA) and 2-ethylhexyl acrylate (2-EHA) from BASF's Zhanjiang Verbund plant to fulfill rising demand in China's adhesive materials industry.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
List of Key Players in the Butyl Adhesive Market
The prominent players operating in the Butyl Adhesive Market include
The increasing usage of Butyl Adhesive tapes in packaging material such as tapes, envelopes, and labels is further predicted to fuel market growth. The growth in consumption of Butyl Adhesive owing to its excellent properties such as resistance to abrasion, tear and flexing will fuel market expansion in upcoming years.
Regional Analysis:
The Global Butyl Adhesive Market is fragmented on the basis of end use industry and region. On the basis of end use industry, the market has been segmented into paper & packaging, building & construction, woodworking, automotive, and others. Butyl Adhesives are impermeable to air and water and highly resistance to alkali and UV rays, thus widely used in the aforementioned end use industries. On the basis of region, this market is segmented into Asia Pacific, Europe, Latin America, North America, and Middle East & Africa.
Geographical Analysis:
The report covers brief analysis of geographical regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Intended Audience:
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 1.05 Billions |
| Market Size 2023 | USD 1.10 Billions |
| Market Size 2030 | USD 1.66 Billions |
| Compound Annual Growth Rate (CAGR) | 5.20% (2024-2032) |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2019 & 2021 |
| Forecast Units | Value (USD Billions) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | End-Use Industry and Region |
| Geographies Covered | North America, Europe, Asia Pacific, Middle East & Africa, and South America |
| Countries Covered | The U.S, Canada, Mexico, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Saudi Arabia, UAE, Argentina, |
| Key Companies Profiled | Vinati Organics Ltd., ADCO Global, Bostik SA, Royal Adhesives & Sealants, General Sealants, Anabond and others. |
| Key Market Opportunities | Excellent resistance to sunlight and weather, high durability, resistance to heat and aging |
| Key Market Drivers | Increasing demand from paper & packaging industry that include cartons, paper bags, tapes, and boxes |
Butyl Adhesive Market Highlights:
Frequently Asked Questions (FAQ) :
The forecast period for Butyl Adhesive Market research report is 2024-2032
Butyl Adhesive Market is dominated by APAC region.
The main players in the Market are Vinati Organics Ltd., ADCO Global, Bostik SA, Royal Adhesives & Sealants, General Sealants, Anabond and others.
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Research Analyst Level I In her 3 years of experience in the market research field, she has handled critical cross-domain projects. she has an in-depth knowledge of market estimation & analysis, problem-solving, primary as well as secondary research, and team management.she holds an engineering degree and is an mba professional from a well-known university, capable of evaluating the market and competitive conditions. an exceptional strategist with excellent communication skills and a passion for delivering cutting-edge & practical insights for the market. proficient in multi-tasking, and can successfully deal with competing demands, while maintaining complete confidentiality. generated business through active client and project development, networking, and high-quality responses. her knowledge and skills have helped in making solid business decisions, securing funding from investors, and avoiding business failures.
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