FORT WORTH, Texas, May 21, 2015 /PRNewswire/ --
The global 2-ethylhexyl acrylate market is expected to reach a value of $1,340.5 million by 2019, at a CAGR of 6.5% from 2014 to 2019.
Browse through the TOC of Global 2-Ethylhexyl Acrylate Market for an analysis of industry trends and segments, with the help of various tables and figures.
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2-Ethylhexyl acrylate is a water white liquid with a characteristic odor. It is a stable product with negligible solubility in water. It is easily polymerized and displays a range of properties depending upon the monomer and reaction conditions. This monomer can form co-polymers with acrylic acids, maleic acid esters, butadiene styrene, and so on. The specialty of this monomer is that it can readily undergo addition reactions with organic and inorganic compounds, for which it finds its application in chemical synthesis. It is used in the production of homopolymers and copolymers.
The major applications of 2-ethylhexyl acrylate include coatings, pressure-sensitive adhesives, paints, leather finishing, and textile & paper coatings. The low reactivity and volatility of the molecule makes it a good choice as a plasticizing co-monomer in various other applications.
The global 2-ethylhexyl acrylate market has been segmented and analyzed on the basis of geography, taking into consideration major regions such as North America, Europe, Asia-Pacific, and Rest of the World. Surface coatings, adhesives & sealants, detergents, textiles, and plastic additives, among others, are the key applications in the market.
The major reasons for the high growth of the 2-ethylhexyl acrylate market is the rising demand such as the adhesive, automotive, engineering, detergent, textiles, and packaging industries in the emerging markets across the globe. In 2014, the surface coatings application segment led the global 2-ethylhexyl acrylate market, followed by the adhesives & sealants segment.
The key participants operating in the global 2-ethylhexyl acrylate market are Hexion Inc. (U.S.), BASF SE (Germany), Nippon Shokubai (Japan), Arkema SA (France), The Dow Chemical Company (U.S.), and Sigma Aldrich (U.S.), among others.
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