“Acrylic esters are widely used in surface coatings, adhesives & sealants, plastic additives, detergents, textiles, diapers & training pants and other applications. In 2013, the acrylic esters had a total demand of 3,055 KT globally.
The Asia-Pacific region is the largest market of acrylic esters products, accounting for more than 40% of the total global demand. There is a lot of scope in Asia-Pacific and the North American market, with the growing number of end-use applications of super absorbent polymers (SAP) and the commercialization of the production of bio-based acrylic esters. In 2013, more than acrylic esters had a market size, in terms of value, of $6,207 million.
The regional segments include Asia-Pacific, Europe, North America and Rest of the World. The type segments include Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-EH Acrylate and Others. The application segments include major applications of acrylic esters. The various types and their applications covered in the report are;
A) Acrylic Esters
1) Methyl Acrylate
2) Ethyl Acrylate
3) Butyl Acrylate
4) 2-Ethylhexyl Acrylate
5) Others
B) Applications
1. Surface Coatings Organic
2. Adhesives & Sealants
3. Plastic Additives
4. Detergents
5. Textiles
6. Others
The market is derived by studying acrylic esters consumption trends and its use in various applications of the said regions. The price trends of these chemicals have been analyzed from annual reports of major players.
This study on acrylic esters market estimates its global demand and market in terms of value for 2014 and projects the expected demand and market in terms of value of the same by 2019. As a part of the quantitative analysis, the study segments the global market by types at country level with current market estimation and forecast till 2019. The countries covered in the report are the U.S., China, Japan, India, South Korea, Germany, France, Belgium and The Netherlands. South America, Africa and Middle East are collectively considered in Rest of the World.
As a part of qualitative analysis, the research provides report with a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, and key issues in the market.
The report also includes company profiling and competitive strategies adopted by various market players including, Arkema SA (France), BASF SE (Germany), Evonik Industries (Germany), LG Chem Ltd. (South Korea), Momentive Specialty Chemicals Inc. (U.S.), Mitsubishi Chemical Holdings Corporation (Japan), OJSC Sibur Holding (Russia), Sasol Ltd. (South Africa), Nippon Shokubai Co. Limited (Japan), The Dow Chemical Company (U.S.) are the most active and important players of the global Acrylic esters industry.
”
“TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 15
1.3.2 YEARS CONSIDERED IN THE REPORT 16
1.4 CURRENCY 16
1.5 PACKAGE SIZE 17
1.6 LIMITATIONS 17
1.7 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 19
2.1.1 SECONDARY DATA 19
2.1.1.1 KEY DATA FROM SECONDARY SOURCES 19
2.1.2 PRIMARY DATA 19
2.1.2.1 KEY DATA FROM PRIMARY SOURCES 20
2.1.2.2 KEY INDUSTRY INSIGHTS 21
2.1.2.3 BREAKDOWN OF PRIMARIES 22
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 24
2.4 RESEARCH ASSUMPTIONS 25
2.4.1 ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 28
4.1 ATTRACTIVE MARKET OPPORTUNITY FOR ACRYLIC ESTERS 28
5 MARKET OVERVIEW 30
5.1 INTRODUCTION 31
5.2 MARKET SEGMENTATION 32
5.2.1 BY TYPE 32
5.2.2 BY APPLICATION 32
5.2.3 BY REGION 33
5.3 MARKET DYNAMICS 33
5.3.1 DRIVERS 34
5.3.1.1 RISING DEMAND OF COATINGS FROM CONSTRUCTION INDUSTRY 34
5.3.1.2 INCREASING DEMAND OF WATER-BASED COATINGS 34
5.3.1.3 RAPID EXPANSIONS OF BUTYL ACRYLATES IN CHINA 34
5.3.2 RESTRAINTS 35
5.3.2.1 FLUCTUATIONS IN RAW MATERIAL PRICES 35
5.3.2.2 SLOW RECOVERY OF THE U.S. HOUSING MARKET 36
5.3.3 OPPORTUNITIES 36
5.3.3.1 COMMERCIAL PRODUCTION OF BIO-BASED ACRYLIC ACID DERIVATIVES 36
5.3.3.2 INCREASING INVESTMENT IN INFRASTRUCTURE DRIVEN BY THE ROBUST ECONOMIC GROWTH 36
5.3.3.3 SATURATED DEMAND FOR PMMA RESINS 36
5.3.4 CHALLENGES 37
5.3.4.1 BIO-BASED CHEMICALS AS AN ALTERNATIVE TO PETROLEUM-BASED ACRYLIC ESTERS 37
5.3.5 BURNING ISSUES 38
5.3.5.1 ACUTE TOXICITY AND AIR EXPOSURE LIMITS 38
5.3.5.2 HEALTH HAZARDS 38
6 INDUSTRY TRENDS 39
6.1 INTRODUCTION 39
6.2 VALUE CHAIN ANALYSIS 39
6.2.1 RAW MATERIALS TO END USERS 39
6.2.2 LOCAL AND REGIONAL DISTRIBUTION CHANNELS 39
6.2.3 CUSTOMIZED FORMULATION CHANNELS 40
6.3 RAW MATERIAL ANALYSIS 40
6.4 PORTER’S FIVE FORCES ANALYSIS 41
6.4.1 THREAT OF NEW ENTRANTS 41
6.4.2 THREAT OF SUBSTITUTES 42
6.4.3 BARGAINING POWER OF SUPPLIERS 42
6.4.4 BARGAINING POWER OF BUYERS 42
6.4.5 INTENSITY OF COMPETITIVE RIVALRY 42
7 ACRYLIC ESTERS MARKET, BY TYPE 43
7.1 INTRODUCTION 44
7.2 METHYL ACRYLATE 44
7.3 ETHYL ACRYLATE 45
7.4 BUTYL ACRYLATE 46
7.5 2-ETHYLHEXYL ACRYLATE 47
7.6 OTHER ACRYLIC ESTERS 48
7.6.1 SPECIALTY ACRYLATES 48
7.6.2 BENZYL ACRYLATE 48
7.6.3 HYDROXYPROPYL ACRYLATE 48
8 ACRYLIC ESTERS MARKET, BY APPLICATION 50
8.1 SURFACE COATINGS 51
8.2 ADHESIVES & SEALANTS 52
8.3 PLASTIC ADDITIVES 53
8.4 TEXTILES 54
8.5 OTHER APPLICATIONS 56
9 ACRYLIC ESTERS MARKET SIZE, BY REGION 57
9.1 INTRODUCTION 58
9.2 NORTH AMERICA 60
9.2.1 U.S. 64
9.2.2 REST OF NORTH AMERICA 66
9.3 EUROPE 69
9.3.1 GERMANY 72
9.3.2 FRANCE 74
9.3.3 ITALY 76
9.3.4 REST OF EUROPE 78
9.4 ASIA-PACIFIC 80
9.4.1 CHINA 84
9.4.2 JAPAN 86
9.4.3 INDIA 88
9.4.4 REST OF ASIA-PACIFIC 90
9.5 ROW 92
9.5.1 MIDDLE EAST & AFRICA 94
9.5.2 SOUTH AMERICA 96
10 COMPETITIVE LANDSCAPE 99
10.1 OVERVIEW 99
10.2 ARKEMA SA, BASF SE, & NIPPON SHOKUBAI CO. LTD.: MOST ACTIVE PARTICIPANTS 100
10.3 COMPETITIVE SITUATION AND TRENDS 101
10.4 EXPANSION: MOST POPULAR GROWTH STRATEGY BETWEEN 2011 & 2015 102
10.4.1 EXPANSIONS 102
10.4.2 NEW PRODUCT DEVELOPMENTS 104
10.4.3 JOINT VENTURES 105
10.4.4 MERGERS & ACQUISITIONS 106
10.4.5 PARTNERSHIPS, AGREEMENTS, & COLLABORATIONS 107
11 COMPANY PROFILES 108
(Overview, Financial*, Products & Services, Strategy, and Developments)
11.1 INTRODUCTION 108
11.2 ARKEMA SA 109
11.3 NIPPON SHOKUBAI CO. LTD. 112
11.4 BASF SE 116
11.5 EVONIK INDUSTRIES 120
11.6 THE DOW CHEMICAL COMPANY 123
11.7 LG CHEM LTD. 126
11.8 HEXION INC. 128
11.9 MITSUBISHI CHEMICAL HOLDINGS CORPORATION 130
11.10 CJSC SIBUR HOLDING 133
11.11 SASOL LTD. 135
*Details might not be captured in case of unlisted companies
12 APPENDIX 137
12.1 INSIGHTS OF INDUSTRY EXPERTS 137
12.2 DISCUSSION GUIDE 138
12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 140
12.4 AVAILABLE CUSTOMIZATIONS 141
12.5 RELATED REPORTS 142
“
“LIST OF TABLES
TABLE 1 RISING DEMAND IN WATER-BASED COATINGS PROPELLING THE GROWTH OF ACRYLIC ESTERS MARKET 35
TABLE 2 FLUCTUATING RAW MATERIAL PRICES IS RESTRAINING MARKET GROWTH 36
TABLE 3 RISING CONSUMER DEMAND FOR GREEN PRODUCTS CREATING NEW GROWTH AVENUES FOR PLAYERS IN THE ACRYLIC ACID & ITS DERIVATIVES MARKET 37
TABLE 4 PRODUCTION OF BIO-BASED ACRYLIC ACID IS THE KEY CHALLENGE IN ACRYLIC ACID & ITS DERIVATIVES MARKET 38
TABLE 5 METHYL ACRYLATES MARKET SIZE (KILOTONS) & ($MILLION), 2012–2019 44
TABLE 6 ETHYL ACRYLATES MARKET SIZE (KILOTONS) & ($MILLION), 2012–2019 45
TABLE 7 BUTYL ACRYLATE MARKET SIZE (KILOTONS) & ($MILLION), 2012–2019 46
TABLE 8 2-EH ACRYLATE MARKET SIZE (KILOTONS) & ($MILLION), 2012–2019 47
TABLE 9 OTHER ACRYLIC ESTERS MARKET SIZE (KILOTONS) & ($MILLION), 2012–2019 48
TABLE 10 SURFACE COATINGS MARKET SIZE (KILOTONS) & ($MILLION), 2012–2019 51
TABLE 11 ADHESIVES & SEALANTS MARKET SIZE (KILOTONS) & ($MILLION), 2012–2019 52
TABLE 12 PLASTIC ADDITIVES MARKET SIZE (KILOTONS) & ($MILLION), 2012–2019 53
TABLE 13 TEXTILES MARKET SIZE (KILOTONS) & ($MILLION), 2012–2019 54
TABLE 14 OTHER ACRYLIC ESTERS MARKET SIZE (KILOTONS) & ($MILLION), 2012–2019 56
TABLE 15 ACRYLIC ESTERS MARKET SIZE, BY REGION, 2012–2019 (KILOTONS) 58
TABLE 16 ACRYLIC ESTERS MARKET SIZE, BY REGION, 2012–2019 ($MILLION) 59
TABLE 17 NORTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY COUNTRY,
2012–2019 (KILOTONS) 61
TABLE 18 NORTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY COUNTRY,
2012–2019 ($MILLION) 62
TABLE 19 NORTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY TYPE,
2012–2019 (KILOTONS) 62
TABLE 20 NORTH AMERICA: ACRYLIC ESTERS MARKET SIZE , BY TYPE,
2012–2019 ($MILLION) 62
TABLE 21 NORTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 (KILOTONS) 63
TABLE 22 NORTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 63
TABLE 23 U.S.: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 (KILOTONS) 64
TABLE 24 U.S.: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 ($MILLION) 64
TABLE 25 U.S.: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 65
TABLE 26 U.S.: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 65
TABLE 27 REST OF NORTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY TYPE,
2012–2019 (KILOTONS) 66
TABLE 28 REST OF NORTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY TYPE,
2012–2019 ($MILLION) 67
TABLE 29 REST OF NORTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 67
TABLE 30 REST OF NORTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 68
TABLE 31 EUROPE: ACRYLIC ESTERS MARKET SIZE, BY COUNTRY, 2012–2019 (KILOTONS) 70
TABLE 32 EUROPE: ACRYLIC ESTERS MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION) 70
TABLE 33 EUROPE: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 (KILOTONS) 70
TABLE 34 EUROPE: ACRYLIC ESTERS MARKET SIZE , BY TYPE, 2012–2019 ($MILLION) 71
TABLE 35 EUROPE: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 (KILOTONS) 71
TABLE 36 EUROPE: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 72
TABLE 37 GERMANY: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 (KILOTONS) 72
TABLE 38 GERMANY: ACRYLIC ESTERS MARKET SIZE , BY TYPE, 2012–2019 ($MILLION) 73
TABLE 39 GERMANY: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 (KILOTONS) 73
TABLE 40 GERMANY: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 73
TABLE 41 FRANCE: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 (KILOTONS) 74
TABLE 42 FRANCE: ACRYLIC ESTERS MARKET SIZE , BY TYPE, 2012–2019 ($MILLION) 74
TABLE 43 FRANCE: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 (KILOTONS) 75
TABLE 44 FRANCE: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 75
TABLE 45 ITALY: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 (KILOTONS) 76
TABLE 46 ITALY: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 ($MILLION) 76
TABLE 47 ITALY: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 77
TABLE 48 ITALY: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 77
TABLE 49 REST OF EUROPE: ACRYLIC ESTERS MARKET SIZE, BY TYPE,
2012–2019 (KILOTONS) 78
TABLE 50 REST OF EUROPE: ACRYLIC ESTERS MARKET SIZE , BY TYPE,
2012–2019 ($MILLION) 78
TABLE 51 REST OF EUROPE: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 (KILOTONS) 79
TABLE 52 REST OF EUROPE: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 79
TABLE 53 ASIA-PACIFIC: ACRYLIC ESTERS MARKET SIZE, BY COUNTRY,
2012–2019 (KILOTONS) 81
TABLE 54 ASIA-PACIFIC: ACRYLIC ESTERS MARKET SIZE, BY COUNTRY,
2012–2019 ($MILLION) 81
TABLE 55 ASIA-PACIFIC: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 (KILOTONS) 82
TABLE 56 ASIA-PACIFIC: ACRYLIC ESTERS MARKET SIZE , BY TYPE, 2012–2019 ($MILLION) 82
TABLE 57 ASIA-PACIFIC: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 (KILOTONS) 82
TABLE 58 ASIA-PACIFIC: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 83
TABLE 59 CHINA: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 (KILOTONS) 84
TABLE 60 CHINA: ACRYLIC ESTERS MARKET SIZE , BY TYPE, 2012–2019 ($MILLION) 84
TABLE 61 CHINA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 85
TABLE 62 CHINA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 85
TABLE 63 JAPAN: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 (KILOTONS) 86
TABLE 64 JAPAN: ACRYLIC ESTERS MARKET SIZE , BY TYPE, 2012–2019 ($MILLION) 86
TABLE 65 JAPAN: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 87
TABLE 66 JAPAN: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 87
TABLE 67 INDIA: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 (KILOTONS) 88
TABLE 68 INDIA: ACRYLIC ESTERS MARKET SIZE , BY TYPE, 2012–2019 ($MILLION) 88
TABLE 69 INDIA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 89
TABLE 70 INDIA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 89
TABLE 71 REST OF ASIA-PACIFIC: ACRYLIC ESTERS MARKET SIZE, BY TYPE,
2012–2019 (KILOTONS) 90
TABLE 72 REST OF ASIA-PACIFIC: ACRYLIC ESTERS MARKET SIZE , BY TYPE,
2012–2019 ($MILLION) 90
TABLE 73 REST OF ASIA-PACIFIC: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 (KILOTONS) 91
TABLE 74 REST OF ASIA-PACIFIC: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 91
TABLE 75 ROW: ACRYLIC ESTERS MARKET SIZE, BY COUNTRY, 2012–2019 (KILOTONS) 92
TABLE 76 ROW: ACRYLIC ESTERS MARKET SIZE, BY COUNTRY, 2012–2019 ($MILLION) 92
TABLE 77 ROW: ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2012–2019 (KILOTONS) 92
TABLE 78 ROW: ACRYLIC ESTERS MARKET SIZE , BY TYPE, 2012–2019 ($MILLION) 93
TABLE 79 ROW: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 (KILOTONS) 93
TABLE 80 ROW: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION, 2012–2019 ($MILLION) 94
TABLE 81 MIDDLE EAST & AFRICA: ACRYLIC ESTERS MARKET SIZE, BY TYPE,
2012–2019 (KILOTONS) 94
TABLE 82 MIDDLE EAST & AFRICA: ACRYLIC ESTERS MARKET SIZE , BY TYPE,
2012–2019 ($MILLION) 95
TABLE 83 MIDDLE EAST & AFRICA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 (KILOTONS) 95
TABLE 84 MIDDLE EAST & AFRICA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 96
TABLE 85 SOUTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY TYPE,
2012–2019 (KILOTONS) 96
TABLE 86 SOUTH AMERICA: ACRYLIC ESTERS MARKET SIZE , BY TYPE,
2012–2019 ($MILLION) 97
TABLE 87 SOUTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 (KILOTONS) 97
TABLE 88 SOUTH AMERICA: ACRYLIC ESTERS MARKET SIZE, BY APPLICATION,
2012–2019 ($MILLION) 98
TABLE 89 EXPANSIONS, 2011–2015* 102
TABLE 90 NEW PRODUCT DEVELOPMENTS, 2011–2015* 104
TABLE 91 JOINT VENTURES, 2011–2015* 105
TABLE 92 MERGERS & ACQUISITIONS, 2011–2015* 106
TABLE 93 PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2011–2015* 107
“
“LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY 18
FIGURE 2 BREAK DOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, & REGION 22
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 23
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 23
FIGURE 5 DATA TRIANGULATION: ACRYLIC ESTERS MARKET 24
FIGURE 6 ACRYLIC ESTERS MARKET SIZE, BY TYPE, 2014 VS. 2019 ($MILLION) 26
FIGURE 7 ASIA-PACIFIC ACCOUNTED FOR MORE THAN HALF OF THE ACRYLIC ESTERS MARKET (2013) 27
FIGURE 8 ACRYLIC ESTERS MARKET SIZE, 2014 VS. 2019 ($MILLION) 28
FIGURE 9 SURFACE COATING DOMINATED THE ACRYLIC ESTERS MARKET IN 2013 28
FIGURE 10 ASIA-PACIFIC DOMINATED ACRYLIC ESTER MARKET IN 2013 AND HAS HIGH GROWTH POTENTIAL BETWEEN 2014 AND 2019 ($ MILLION) 29
FIGURE 11 MARKET SEGMENTATION: BY TYPE 32
FIGURE 12 MARKET SEGMENTATION: BY APPLICATION 32
FIGURE 13 ACRYLIC ESTERS MARKET SEGMENTATION, BY REGION 33
FIGURE 14 OVERVIEW OF THE MARKET FORCES GOVERNING THE ACRYLIC ESTERS MARKET 33
FIGURE 15 KEY RAW MATERIALS IN THE ACRYLIC ESTERS INDUSTRY 40
FIGURE 16 PORTER’S FIVE FORCES ANALYSIS–ANALYSIS OF THE ACRYLIC ESTERS MARKET 41
FIGURE 17 ASIA-PACIFIC IS THE FASTEST-GROWING MARKET FOR METHYL ACRYLATES 45
FIGURE 18 ETHYL ACRYLATES MARKET IS DOMINATED BY ASIA-PACIFIC FOLLOWED
BY NORTH AMERICA 46
FIGURE 19 ASIA-PACIFIC FASTEST GROWING MARKET FOR BUTYL ACRYLATE 47
FIGURE 20 ROW IS THE FASTEST-GROWING REGION FOR 2-EH BY VOLUME 48
FIGURE 21 ASIA-PACIFIC IS FASTEST GROWING MARKET FOR OTHER ACRYLIC ESTERS 49
FIGURE 22 ASIA-PACIFIC IS THE FASTEST-GROWING MARKET FOR SURFACE COATINGS 51
FIGURE 23 ADHESIVES & SEALANTS MARKET IS DOMINATED BY ASIA-PACIFIC FOLLOWED BY NORTH AMERICA 53
FIGURE 24 ASIA-PACIFIC IS LEADING IN TERMS OF VOLUME OF PLASTIC ADDITIVES 54
FIGURE 25 ASIA-PACIFIC IS THE FASTEST-GROWING REGION FOR TEXTILES BY VOLUME 55
FIGURE 26 ASIA-PACIFIC IS LEADING IN TERMS OF VOLUME OF OTHER ACRYLIC ESTERS 56
FIGURE 27 RAPIDLY GROWING REGIONS ARE EMERGING AS STRATEGIC LOCATIONS 58
FIGURE 28 U.S. DOMINATES THE ACRYLIC ESTERS MARKET BY VOLUME IN NORTH AMERICA 60
FIGURE 29 NORTH AMERICAN MARKET SNAPSHOT: DEMAND FOR ACRYLIC ESTERS IN TOP APPLICATIONS IN U.S. (2013) 61
FIGURE 30 SURFACE COATINGS AND ADHESIVES & SEALANTS ARE THE DOMINANT APPLICATIONS OF ACRYLIC ESTERS IN U.S. 66
FIGURE 31 COUNTRY WISE DEMAND FOR ACRYLIC ESTERS IN TOP APPLICATIONS (2013) 69
FIGURE 32 ASIA-PACIFIC SNAPSHOT: CHINA DOMINATES THE ACRYLIC ESTERS MARKET IN ASIA-PACIFIC, BY VOLUME 80
FIGURE 33 ASIA-PACIFIC: COUNTRY WISE DEMAND FOR TOP APPLICATIONS (2013) 83
FIGURE 34 COMPANIES ADOPTED EXPANSION AS THE KEY GROWTH STRATEGY, 2011–2015* 99
FIGURE 35 GROWTH STRATEGY ANALYSIS, BY COMPANY, 2011–2015* 100
FIGURE 36 MARKET EVALUATION FRAMEWORK–SIGNIFICANT EXPANSIONS AND PRODUCT DEVELOPMENTS FUELLED GROWTH BETWEEN 2011 AND 2015* 101
FIGURE 37 KEY GROWTH STRATEGIES IN THE ACRYLIC ESTERS MARKET, 2011–2015* 102
FIGURE 38 REGIONAL REVENUE MIX OF THE TOP 5 MARKET PLAYERS 108
FIGURE 39 ARKEMA SA: BUSINESS OVERVIEW 109
FIGURE 40 ARKEMA: SWOT ANALYSIS 111
FIGURE 41 NIPPON SHOKUBAI CO. LTD.: BUSINESS OVERVIEW 112
FIGURE 42 NIPPON SHOKUBAI CO. LTD. SWOT ANALYSIS 115
FIGURE 43 BASF SE: BUSINESS OVERVIEW 116
FIGURE 44 BASF: SWOT ANALYSIS 119
FIGURE 45 EVONIK INDUSTRIES: BUSINESS OVERVIEW 120
FIGURE 46 EVONIK: SWOT ANALYSIS 122
FIGURE 47 THE DOW CHEMICAL COMPANY: BUSINESS OVERVIEW 123
FIGURE 48 DOW: SWOT ANALYSIS 125
FIGURE 49 LG CHEM LTD: BUSINESS OVERVIEW 126
FIGURE 50 HEXION INC.: BUSINESS OVERVIEW 128
FIGURE 51 MITSUBISHI CHEMICAL HOLDINGS CORPORATION: BUSINESS OVERVIEW 130
FIGURE 52 CJSC SIBUR HOLDING: BUSINESS OVERVIEW 133
FIGURE 53 SASOL LTD.: BUSINESS OVERVIEW 135
“
