2-ethylhexyl acrylate is one of the constituents of acrylic polymeric latex. 2-ethylhexyl acrylate appears as a clear liquid and offers good flexibility and dilution properties. It is known to undergo free-radical solution polymerization with methyl methacrylate to form pressure-sensitive adhesives. 2-ethylhexyl acrylate is a useful feedstock for chemical synthesis, as it readily undergoes addition reactions with a wide range of organic and inorganic compounds. Copolymers of 2-ethylhexyl acrylate can be prepared with acrylic acid and its salts; amides and esters; and methacrylates, acrylonitrile, maleic acid esters, vinyl acetate, and vinyl chlorides. The polymerization reaction of the 2-ethylhexyl acrylate can be initiated by light, peroxides, heat, or contaminants. It reacts aggressively when combined with strong oxidants and can form explosive mixtures with atmospheric temperature above 80°C. The chemical, physical, and toxicological properties of 2-ethylhexyl acrylate can be significantly modified by using additives or stabilizers. Major applications of 2-ethylhexyl acrylate include superabsorbent polymers, paints and coatings, adhesives and sealants, plastics, and printing inks.
Growth in the personal care industry is one of the key factors driving the global 2-ethylhexyl acrylate market. 2-ethylhexyl acrylate is used to produce fast swelling and highly porous superabsorbent hydrogels, which are synthesized through the rapid polymerization reaction. 2-ethylhexyl acrylate includes products such as diapers and hygiene products. Increase in demand from the construction industry, especially from the paints & coatings sector, is considered a key driver of the 2-ethylhexyl acrylate market. 2-ethylhexyl acrylates are usually blended with other polymers such as methacrylates, styrenes, acrylamide, methacrylic acid, and acrylonitrile to modify their properties. Application of 2-ethylhexyl acrylate in adhesives and sealants is also in the growth phase. 2-ethylhexyl acrylate are used in the construction and pressure sensitive adhesives industries, which require high material quality. Expansion in the printing inks industry is another important factor driving the global 2-ethylhexyl acrylate. Rise in demand for printing inks in paper and textiles has been augmenting the 2-ethylhexyl acrylate market.
Based on application, the global 2-ethylhexyl acrylate market can be classified into superabsorbent polymers, paints & coatings, adhesives & sealants, leather, plastics, and printing inks. 2-ethylhexyl acrylate acts as chemical intermediate in a variety of chemical products. The paints & coatings segment can be subcategorized into textiles and adhesives, surface and water based coatings, leather finishing, and paper. Based on the presence of inhibitor, the global 2-ethylhexyl acrylate can be classified into hydroquinone, monomethyl ether of hydroquinone, and phenothiazine.
The global 2-ethylhexyl acrylate market expanded at a significant pace in 2016. This trend is expected to continue during the forecast period. In terms of geography, the 2-ethylhexyl acrylate market can be divided into Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. In terms of consumption, Asia Pacific accounts for significant share of the 2-ethylhexyl acrylate market owing to the presence of an active construction industry and increase in income of the middle class population in the region. Increase in demand for water based coatings and adhesives & sealants are boosting the market for 2-ethylhexyl acrylate in North America and Europe. Technological advancement in these regions is estimated to propel the market for 2-ethylhexyl acrylate. Currently, Latin America does not hold significant share of the 2-ethyl hexyl acrylate market; however, the region is expected to have attractive growth potential, as major manufacturers plan to expand into Latin America. The 2-ethyl hexyl acrylate market in Middle East & Africa offers attractive growth opportunities, led by the expansion in the oil & gas sector.
High degree of competition exists in the global 2-ethylhexyl acrylate market. Key players operating in the global 2-ethylhexyl acrylate market include The Dow Chemical Company, BASF SE, and Arkema Group.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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