Press Release
Press Release
As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
According to a new report by EMR titled, 'Global Methyl Acrylate Market Report and Forecast 2021-2026', the global market for methyl acrylate is expected to grow at a CAGR of 4% in the forecast period of 2021-2026 to reach a value of USD 456 million by 2026.
The methyl acrylate industry is aided by the growing demand for the product from the leather and textile industry, which uses it in the formulation of coatings to deliver a smooth finish to the final product. The accelerating demand for methyl acrylate within emerging industries, such as technical, and construction adhesives, where it is used in the manufacturing process, is also boosting the market growth. In addition, the rising demand for water treatment by the use of chemicals to maintain sustainability is expected to propel the market further.
BASF SE (OTCMKTS: BASFY) is a key industry player for methyl acrylate. In 2020, the company, along with Adani Group signed a Memorandum of Understanding (MoU) to assess a major joint investment in the acrylics value chain. This is the largest investment made by BASF in India up till now. This would increase the company prospects in the country for future projects and enhance the market growth of methyl acrylate over the forecast period. Methyl acrylate has a wide range of portfolios. It is used in detergents, automotive, packaging, and textile industries. Thereby bolstering the market growth of the product.
Market Analysis by Application, End Use, and Region:
Key Findings of the Report:
Key Offerings of the Report:
Arkema SA, LG Chem Ltd., BASF SE, Shanghai Huayi Acrylic Acid Co., Ltd., Nippon Shokubai Co., Ltd., and SIBUR International GmbH, among others, are the key players in the global methyl acrylate market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
About Us:
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Contact Us:
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
RIGHT PEOPLE
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
RIGHT METHODOLOGY
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
RIGHT PRICE
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
RIGHT SUPPORT
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.