According to a recent report from
Marketsandmarkets, “Acrylic Resins
Market by Raw Material (Acrylates,
Methacrylates, Hybrids and Others), by
Solvency, by Property (Thermoplastics
and Thermosetting) & by Application
(Paints & Coatings, Construction,
Industrial & Commercial, Paper &
Paperboard, Textiles & Fibers &
Adhesives) - Global Trends & Forecast
to 2019” defines and segments the global
Acrylic resins market with an analysis
and forecast for raw material, and applications by volume, as well as value.
The Asia-Pacific, Europe and North
America dominated the acrylic resin
market in 2013 and accounted for
more than 85 percent and 75 percent
of the market, by volume and by value
respectively. The developing regions
dominate the Acrylic resin market due
to growth in related segments.Country
wise, China is the top most consumer
of acrylic resins,and is also the largest
market for acrylic resins,expected to
grow at a CAGR double than the global
average for the period 2014-2019. The
U.S. is the second largest consumer of
acrylic resins.. On the other hand, the
Middle East and Africa is expected
to witness a growth rate, higher than
global average, from 2014 to 2019. The
market in this region is experiencing increased demand in several applications
of acrylic resins.
Paints and coatings take topmost
positions in the acrylic resin market with more than 35 percent share,
by volume and by value. The fastest
growth rate till 2019 in the acrylic resins market is expected to come from
paints and coatings used in residential
and commercial constructions, decorative coatings and DIY (Do-It-Yourself)
coatings.Acrylic Acid is the main raw
material for the acrylic resins. MMA
(Methyl methacrylate) dominates the
acrylic resins market in terms of volume and value.
Global Market for
Defoamers Forecast to
Reach $3.9 Billion by 2020
Global Industry Analysts Inc. has released a comprehensive global report
on Defoamers markets. Global market
for Defoamers is forecast to reach $3.9
billion by 2020, driven by resurgence in
demand from end-use markets, and stringent environmental regulations.
Defoamers, also known as anti-foaming agents, are chemical agents that inhibit
foam build. End-use sectors which utilize
defoamers include oil and gas, paints and
coatings, automotive, mining, paper and
pulp, printing inks, and laundry detergents industries. Besides, defoamers are
also used in dishwashing detergents, pe-troleum/petrochemical processing, paper
recycling, waste disposal and processing,
and cleaning processes such as metal-cleaning, recycle-plastic cleaning and
printed-circuit board cleaning.
Demand for defoamers fluctuates in
close correlation to global and national
GDP growth patterns. The market as a
result remains vulnerable to economic
cycles. Demand particularly from key
end-use industries therefore declined
during the 2007-2009 recession period.
Recovering from the recessionary lull,
the global anti-foaming agents market
is expected to witness steady growth
over the next few years, primarily driven by expanding applications of chemical additives.
Encouraging gains in global manufacturing is also signaling an optimistic
outlook for defoamers, given its use in diverse manufacturing industries. Influx of
innovative and high performance defoamers represents another significant factor
promoting market growth. Increasing
rate of R&D activities, technological advancements and product innovations are
helping expand the use of defoamers in
potential industrial applications.
Rising health and environmental con-
cerns worldwide along with stringent
government regulations are supporting
strong demand for environment friendly
products with low VOCs, less chemical
content and reduced odor. Increasing de-
mand of products that enable multiple
uses in diverse applications is also expect-
ed to augur well for the market. Another
significant driver is the shift from non-
biodegradable silicone based products to
less toxic biodegradable non-silicone de-
foamers. The highly efficient ‘Smart’ dry
technology, which enables development
of cost-effective and greener defoamers,
is also poised to benefit market prospects.
As stated by the new market research
report on Defoamers, Europe represents
the largest market worldwide, followed
by the United States. Asia-Pacific represents the fastest growing market with a
CAGR of 4.2% over the analysis period.
Considerable growth in oil and gas, automotive, printing inks, paints and coatings,
pulp and paper, construction materials,
and other key manufacturing sectors
along with growing population, increased
urbanization, infrastructure development
and robust pace of industrialization represent key growth drivers in the region.
The research report titled
“Defoamers: A Global Strategic Business
Report” announced by GIA, provides a
comprehensive review of market trends,
growth drivers, regulations, issues, challenges, mergers, acquisitions, and other
strategic industry activities of major
players worldwide.
The report provides market estimates and projections in dollars for all
major geographic markets including the
United States, Canada, Japan, Europe
(France, Germany, Italy, UK, Spain,
Russia and Rest of Europe), Asia-Pacific (China, India, South Korea, and
Rest of Asia-Pacific), the Middle East
and Latin America (Brazil, Mexico, and
Rest of Latin America). End-use applications analyzed include Pulp & Paper,
Petroleum, Water Treatment, Paints &
Coatings and Others. CW
Paints and Coatings Rank
Topmost in Acrylic Resin Market
