Prismane

Global Butyl Acrylate Market Demand & Forecast Analysis, 2016-2032

Butyl Acrylate is a colourless liquid  produced by the esterification of butanol and acrylic acid. It is used as raw material for fiber processing agents, paints & coatings, sealants, adhesives, emulsion, and plastics. The global Butyl Acrylate capacity has been estimated to be more than 4,800 kilo tons in 2021. An average 90 kilo tons of butyl acrylates capacity was added globally between 2016-2021. Arkema, BASF, Dow Chemical, Nippon Shokubai, LG Chemicals are leading butyl acrylate producers in the world. BASF, Arkema and Dow are the largest Butyl Acrylates producer in the world together producing more than 1,500 kilo tons as of 2021. BASF is planning to increase the production capacity of Butyl Acrylate plant in Malaysia by 50 kilo tons, the expansion is expected to be completed by 2023. BASF has recently announced to construct a Butyl Acrylate plant in China with installed capacity of around 400 kilo tons. The plant is expected to come online by first half of 2025. On completion, BASF’s global Butyl Acrylates capacity is estimated to cross 1000 kilo tons. 
Global Butyl Acrylate Demand Supply Analysis - 2016-2032 (Kilo Tons)
Global Butyl Acrylate Market Demand & Forecast Analysis, 2016-2032
The global Butyl Acrylate demand was estimated to be more than 3,600 kilo tons in 2021, growing at an aggregate average growth rate of 3.0% in between 2016-2020, mainly supported by the strong demand from Paints and coatings, Adhesives and Chemical Synthesis applications. In the long-term forecast till 2032, the Butyl Acrylate market will is projected to grow at a CAGR of 4%. Strong growth in Construction industry along with increase in production and demand of automobiles will further drive the butyl acrylate market. Western Europe, Central & Eastern Europe and Central & South America are net importer of Butyl Acrylate due to lack of major Butyl Acrylate production capacity. Asia Pacific on the back of China is a major exporter of Butyl Acrylates with average net exports of 150 kilo tons between 2016-2021. The region is expected to be a net exporter of Butyl Acrylate in the forecast period.
Global Butyl Acrylate Demand, By Region - 2021 (Kilo Tons)
Global Butyl Acrylate Demand, By Region - 2021 (Kilo Tons)
Asia Pacific and Western Europe together dominate the Butyl Acrylate market on the back of strong Paints & Coatings and Adhesives industry in the region. The major demand for butyl acrylate was from adhesives application which constituted for more than 40% in 2021. In the forecast period, Adhesives application is projected to witness strong owing to it increasing its demand from automotive industry for car hose bonding, heat exchanger sealings, plug sealings, and filter cap bonding applications. Paints & coating application is the second biggest consumer of butyl acrylate in Asia Pacific and it is further projected to grow at a CAGR of 3% between 2022-2032. Increasing investments in building & construction projects, including smart cities, sustainable structure, and commercial complexes in China, Japan and India is driving Butyl Acrylate market in the region. In Asia Pacific, Japan is the second biggest market for Butyl Acrylate accounting for around 10% of the regional production and 8% for regional demand. Nippon Shokubai is the largest Butyl Acrylate producer in Japan with installed capacity of 100 kilo tons. Toagosei Group is the second largest Butyl Acrylates producer followed by Mitsubishi Chemical. Idemitsu operates a small acrylic acid and butyl acrylates plant however, the company has decided to exist from the production of Acrylic Acid and Butyl acrylate by Quarter 1, 2023 due to increasing international competition.
Global Butyl Acrylate Demand, By Application - 2021 (Kilo Tons)
Global Butyl Acrylate Demand, By Application - 2021 (Kilo Tons)
Butyl Acrylate offers unique properties such as water resistance, durability, and enhanced weather ability, which makes it a preferred choice for automotive coating applications. With the increasing awareness for environmental protection and efforts in decreasing the VOC emission plastics in environment, application of Butyl Acrylate in preparing water-based coatings for architectural and industrial coatings will boost the market growth during the forecast years. The increasing use of water-based paints & coatings which are applied on the floor and other surfaces to provide a long-lasting finish and environmental protection is said to drive the demand for Butyl Acrylate.

Scope of Report 
The Butyl Acrylate report describes the global Butyl Acrylate market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Application
•  Capacity & Production
•  Net Trade
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply-Demand Balance 
•  Butyl Acrylate Market data in terms of volume and value for each end-use 
   at regional and country level
•  Butyl Acrylate Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2022
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      •  Paints & Coating
      •  Chemicals 
      •  Textile
      •  Others
5.  Plants & Projects Analysis
      •  Butyl Acrylate Production Capacity, by Company
      •  Butyl Acrylate Production Capacity, by Country and by region
6.  Introduction to Butyl Acrylate and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Global Butyl Acrylate Demand-Supply Analysis, By Applications (Volume, Value) (2016–2032)
      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Net Trade
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Butyl Acrylate Market, By Applications
          -  Paints & Coatings
          -  Adhesives
          -  Chemical Synthesis
          -  Textile
          -  Others
9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Butyl Acrylate Market, By Applications
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by applications, has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Rest of Asia-Pacific
      •  Central & South America
      •  Middle East & Africa
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
10.  Pricing Analysis
      •  Average Butyl Acrylate Prices, USD/Kg
      •  Average Butyl Acrylate Prices, by Country 
      •  Average Butyl Acrylate Prices, by Region
      •  Price Forecast
11.  Key Strategic Issues
12.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
13.  Strategic Recommendation & Suggestions
14.  Company Analysis and Market Share Analysis
      •  Butyl Acrylate Manufacturers Profiles/ Company Analysis
         -  Basic Details
         -  Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Recent Developments
         -  Companies Covered
             -  BASF
             -  Arkema
             -  Dow Chemicals
             -  Formosa Plastics
             -  CNPC (Lanzhou Pet)
             -  Mitsubishi Chemical
             -  Nippon Shokubai
             -  LG Chemicals
             -  BASF
             -  Petronas
             -  TASNEE
             -  Mitsubishi
             -  Sasol
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
15.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2032

Scope of Report 
The Butyl Acrylate report describes the global Butyl Acrylate market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Application
•  Capacity & Production
•  Net Trade
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply-Demand Balance 
•  Butyl Acrylate Market data in terms of volume and value for each end-use 
   at regional and country level
•  Butyl Acrylate Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment