Acrylates Copolymer Market to Benefit from Its Application in Food & Beverage Sector
Description :
Acrylates Copolymer
Market Information by Application (Cosmetic, Chemical, Foods & Beverages,
Leather, Adhesives, Glass, Textiles and Others) & Forecast till 2030
Keywords:
Acrylates Copolymer Market Overview ,
Acrylates Copolymer Market Industry , Acrylates
Copolymer Market Overview Industry , Acrylates
Copolymer Market Industry value, Acrylates Copolymer Industry segment
Acrylates Copolymer Market Overview:
The global market for acrylates copolymer is getting
ample backing from several end user industries, owing to which the market can
register impressive valuations by 2030. Market Research Future (MRFR) revealed
factors that can influence the market during the forecast period of 2018 to 2030
to ensure better growth. Various end users like chemicals, foods &
beverages, cosmetics, glass, textiles, leather, adhesives, and others are
expected to increase the demand. The product is waterproof in nature, owing to
which it is getting huge traction from the packaging industry. Its better
temperature resistance also helps the market in getting a proper
direction.
Acrylates Copolymer Market Segmentation:
MRFR’s discussion of the global acrylates copolymer market has been segmented on the basis of the application
to deliver a detailed understanding of the market. This segmentation and its
special emphasis on the analysis of factors are expected to help players in
devising strategies that can boost the profit margin.
By application, the global market for acrylates
copolymer can be segmented into chemical, foods & beverages, textiles,
cosmetics, adhesives, glass, leather, and others. The cosmetic segment had the
maximum market share as the inclusion of acrylates polymers in skincare
products is quite extensive. The food & beverage industry is also spurring
the demand for bottles and containers that would be waterproof and temperature
resistant in nature. This is to meet the growing demand for supply and
logistics. In the chemical industry, the rise in intake of these components is
to back the growing demand from the paints and coating manufacturing
facilities.
Acrylates Copolymer Market Regional Analysis:
North America has the maximum market share, and it
is getting strong backing from the food and beverage industry. The growing need
for packaged food is boosting the regional market and it is getting better
traction from the US and Canada as their infrastructural and technical
superiority are supporting the necessary steps to move forward. The Asia
Pacific market is the fastest-growing regional market. This is due to the rise
in industries in various regional markets. The huge cosmetics and chemical
industries in China, India, and Japan are expected to create provisions for
growth. This is also possible due to the easy availability of various raw
materials. The component is flexible in nature, which is also boosting its
prospects in various end user industries.
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Acrylates Copolymer Market Competitive Landscape:
Celanese Corporation (the U.S), ACURO ORGANICS
LIMITED (India), Arkema (France), The Dow Chemical Company( the U.S.), OMNOVA
Solutions Inc (the U.S), Georgia-Pacific Chemicals LLC (the U.S.), H.B. Fuller
Company, The Lubrizol Corporation (the U.S.), Exxon Mobil Corporation( the
U.S.), and INEOS( the U.K.) are companies with substantial impact on the
acrylates copolymer market. These companies would indulge in mergers,
acquisitions, collaborations, increasing funding for research and development,
marketing strategies, and others as their means to establish a productive
premise for the company. MRFR included the latest steps these companies took in
the report to make the market study easier.
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Industry News:
In March 2020, Gaslog, a Piraeus-based gas carrier
vessel operator, disclosed that they would apply Nippon Paint Marine’s A-LF Sea
hull coating to support their current drydocking program. The intent is to
reduce their carbon impact that can disturb the biodiversity of the sea. This
will also reduce fuel consumption and ensure better standards of emissions. The
hull coating has patented copper silyl acrylate copolymer technology that is
expected to deliver longer antifouling performance. It is stable in
self-polishing.
NOTE: Our
Team of Researchers is Studying Covid19 and its Impact on Various Industry
Verticals and wherever required we will be considering Covid19 Footprints for
Better Analysis of Market and Industries. Cordially get in Touch for More
Details.
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