Title: Global Isononyl Acrylate Market size is expected to register a moderate CAGR
1Global Isononyl Acrylate Market Analysis Report,
Regional Outlook, 2016 2024
Isononyl Acrylate Market Size, Industry Analysis
Report, Regional Outlook (U.S., Canada, Mexico,
UK, Germany, France, Italy, China, Australia,
India, Japan, Indonesia, Argentina, Brazil, Saudi
Arabia, UAE, Kuwait, ), Application Development
Potential, Price Trends, Competitive Market Share
Forecast, 2017 2024
2Global Market Scenario of Isononyl Acrylate Market
- Global Isononyl Acrylate Market size is expected
to register a moderate CAGR close to 2.5 in the
forecast period. - Isononyl acrylate market share is projected to
increase in the coming years considering the
growth of the global pressure sensitive adhesives
business. - The increase in uptake of pressure sensitive
tapes, used as packaging tapes, masking paper
tapes, electrical tapes, cloth duct tapes and
double-sided tapes, in various industries is
likely to drive the overall isononyl acrylate
market size over the estimated timespan. - Pressure sensitive adhesive labels are used in
almost every industry from food beverage to
health beauty industry for labelling the
packaged goods.
3- Product Analysis-
- Isononyl acrylate is a special type of acrylate
obtained by the reaction of isononyl alcohol and
acrylic acid. - The product has least glass transition
temperature which makes it suitable across
various applications such as paints coatings
adhesives sealants, etc. - Pressure sensitive adhesive labels are used in
almost every industry from food beverage to
health beauty industry for labelling the
packaged goods. - Regional Trends-
- At present, Asia pacific led the global isononyl
acrylate market size in terms of demand and
production. - Japan is a key manufacturer and consumer of the
product in Asia Pacific. - Europe is the second largest consumer in the
product market. In North America and Europe,
technological improvements are fueling demand for
sealants and thereby accelerating the isononyl
acrylate market size by 2024.
4- Competitor Analysis-
- The presence of many local players is expected to
further drive the growth. - BOC Sciences, ExxonMobil Chemicals, OSAKA Organic
Chemical Industry Limited, KH Chemicals and
Angene International Limited were the major
isononyl acrylate market share contributors in
2015. - These companies focus on contract manufacturing
and research, which helps them in gaining
competitive edge in the global isononyl acrylate
market.
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