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Isononyl Acrylate Market - Global Industry Analysis, Size, Share, Trends and Forecast 2015 - 2023

Pre Book Price: $ 5216

Original Price: $ 5795

Monomers are basically the molecules that bind together to form a polymer. Monomers can be classified based on the values of glass transition temperature (i.e. Tg) into two classes such as soft monomers and hard monomers. Soft monomers usually distinguished by their low glass transition temperature values. They include several monomers such as iso-nonyl acrylate, n-butyl acrylate and iso-octyl acrylate. These monomers have very long alkyl acrylate chains and demonstrate very low water solubility making them suitable for adhesives and paints. On the other hand, hard monomers have high glass transition temperature values. This class of monomers mainly includes methyl acrylate, methyl methacrylate and ethyl acrylate. Isononyl Acrylate has very low glass transition temperature of -50O C which makes it highly suitable in adhesives and tapes. Isononyl acrylate monomer is a composition of acrylates of C9 alcohols. These are primarily obtained by a hydroformylation and a hydrogenation of C8 olefins obtained by a dimerization of a butane-butene fraction. As isononyl acrylate is mainly used in adhesives and paints, the market of isononyl acrylate would be dominated by these applications. Asia Pacific region chiefly dominates the adhesives market and is anticipated to maintain its dominant share in next six years. The demand for isononyl acrylate in adhesives end-user segment especially in developed regions is expected to remain slow owing to stringent environmental regulations in these regions regarding toxic ingredients emitted from these adhesives.   

 

Isononyl acrylates are generally used in applications such as adhesives and paints. These adhesives show better performance at high temperatures making them appropriate in applications such as construction, furniture and even in packaging. The manufacturers consider several aspects of monomer such as such as the glass transition temperature and the copolymerizability of the monomer when it is to be used as an adhesive. Isononyl acrylate demonstrates very low glass transition temperature which makes it apposite for adhesive application. Moreover, the isononyl acrylate adhesives show high efficiency even on oil surfaces which makes them ideal for automotives and construction applications. Furthermore, isononyl acrylate adhesives do not affect the aesthetics of the surfaces and can be suitably applied over the contaminated surfaces without affecting the performance of the adhesive. 

 

The current market for isononyl acrylate is majorly dominated by Asia Pacific region. The market dominance of Asia Pacific region is attributed to the growth in demand of adhesives in various end-user industries. There is a growing demand from China, India and South East Asian countries such as Thailand, Malaysia, Indonesia, and Vietnam for adhesives in construction, furniture, automotive and packaging industries. Moreover, the continuous economic advancement of these countries, coupled with surge in the industrial growth rate in these countries is further resulting in an increase in the number of potential customers across these developing countries. The strict environmental regulations led by developed regions will affect the isononyl acrylate market to a certain extent and is anticipated to act as a restraint. However, the countries in regions including Africa, South America and the Middle East such as South Africa, Brazil, Jordan, Nigeria, Egypt and Saudi Arabia are showing rapid economic growth since last few years. Owing to the strong industrial growth, the developing nations can certainly act as major upcoming markets for isononyl acrylate adhesives. 

 

Some of the key players operating in the isononyl acrylate market are companies such as Hangzhou Sage Chemical Co., Ltd., Haohua Industry, Kingston Chemistry and Simagchem Corporation.

 

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 

  • North America 
  • Asia Pacific 
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of 

  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

 

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


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