South and Central America Butyl Acrylate Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Paints and Coatings, Adhesives and Sealants, Chemical Synthesis, Plastic Additives, Textile, and Others)

TIPRE00026738 | Pages: 107 | Chemicals and Materials | Jan 2022 | Type: Regional | Status: Published

Market Introduction

The South and Central America butyl acrylate market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. Butyl acrylates are a source of volatile organic compounds. Major manufacturers in the industry are increasingly focusing on developing bio-based products, which have a smaller overall impact on the environment. The manufacturers are under constant pressure to develop sustainable products, which can reduce their carbon footprint on the environment. There are numerous factors driving the adoption of bio-based products among manufacturers, including consumer demand, waste reduction, and government regulations. Companies are focusing on using bio-based materials to meet their sustainability goals. Bio-based butyl acrylate is still in the developing stage, and only a handful of companies are manufacturing it, as its chemical properties are still far lesser than butyl acrylate. However, companies are in the process of developing it, which is expected to be a major trend during the forecast period.

In South America, Brazil has reported the highest number of COVID-19 cases, followed by Argentina, Peru, Chile, and Ecuador. Governments across the region have implemented several preventive measures to protect their residents and limit the spread of SARS-CoV-2. South American countries have been experiencing lower export revenues due to a fall in commodity prices and export volumes, particularly involving trade relationships with China, Europe, and the US. Limitations on trade activities have adversely affected the demand for butyl acrylate from paints and coatings producing industries across the region.


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Market Overview and Dynamics

The butyl acrylate market in South and Central America is expected to grow from US$ 94.29 million in 2021 to US$ 120.21 million by 2028; it is estimated to grow at a CAGR of 3.5% from 2021 to 2028.  Road surface markings are essential to control and guide traffic. They are primarily used in relaying essential information to drivers; hence, they play an important role in road safety systems. Developing countries in South America are continuously developing their road infrastructure. For instance, a major portion of the South African roadways is unpaved, which is primarily due to the lack of adequate funds to construct good highways. The Argentinean economy has witnessed substantial downturns in the last ten years, and the country's government is under substantial debt limiting their investments in infrastructure. However, the government in the country is working on the facilitation of public-private partnership agreements to develop the road infrastructure in the country. Such developments will be a significant opportunity for paint and coatings manufacturers, including butyl acrylate producers.

Key Market Segments

Based on application, the paints and coatings segment accounted for the largest share of the South and Central America butyl acrylate market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the South and Central America butyl acrylate market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report Wanhua Chemical Group Co.Ltd., Exxon Mobil Chemicals, Arkema S.A., Oswal Udhyog, Nippon Shokubai Co. Ltd., LyondelBasell Industries Holdings B.V., Sasol, Mitsubishi Chemical Corporation, Indenta Chemicals Pvt. Ltd., and TCI Chemicals Pvt. Ltd.

Reasons to buy report

  • To understand the South and Central America butyl acrylate market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for South and Central America butyl acrylate market
  • Efficiently plan M&A and partnership deals in South and Central America butyl acrylate market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South and Central America butyl acrylate market
  • Obtain market revenue forecast for market by various segments from 2019-2028 in South and Central America region.

South and Central America Butyl Acrylate Market Segmentation

South and Central America Butyl Acrylate Market – By Application

  • Paints and Coatings
  • Adhesives & Sealants
  • Chemical Synthesis
  • Plastic Additives
  • Textile
  • Others

South and Central America Butyl Acrylate Market – By Country

  • Brazil
  • Argentina
  • Rest of South and Central America

South and Central America Butyl Acrylate Market – Company Profiles

  • Exxon Mobil Corporation
  • Arkema S.A.
  • Mitsubishi Chemical Corporation
  • Oswal Udhyog
  • Nippon Shokubai Co., Ltd.
  • Indenta Chemicals Pvt. Ltd.
  • TCI Chemicals Pvt. Ltd.
  • Wanhua Chemical Group Co., Ltd.
  • LyondellBasell Industries Holdings B.V.
  • Sasol

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           South and Central America Butyl Acrylate Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.3         Ecosystem Analysis

4.3.1        Raw Material Suppliers

4.3.2        Manufacturers / Processing Companies:

4.3.3        Distributors:

4.3.4        End Users:

4.4         Expert Opinion

5.           Corrugated Board Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Expanding Construction Sector

5.1.2        Rising Demand for Coatings from Automotive Industry

5.1         Market Restraints

5.1.1        Side Effects on Health and Regulations

5.2         Market Opportunities

5.2.1        Rising Demand for Paints and Coatings for Road Infrastructure

5.3         Future Trends

5.3.1        Implementation of Sustainable Development Methods

5.4         Impact Analysis of Drivers and Restraints

6.           Butyl Acrylate – South and Central America Market Analysis

6.1         Butyl Acrylate Market Overview

6.2         Butyl Acrylate Market –Revenue and Forecast to 2028 (US$ Million)

7.           South and Central America Butyl Acrylate Market Analysis – By Application

7.1         Overview

7.2         Butyl Acrylate Market Breakdown, by Application, 2020 & 2028

7.3         Paints and Coatings

7.3.1        Overview

7.3.2        Paints and Coatings: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Adhesives and Sealants

7.4.1        Overview

7.4.2        Adhesives and Sealants: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Chemical Synthesis

7.5.1        Overview

7.5.2        Chemical Synthesis: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Plastic Additives

7.6.1        Overview

7.6.2        Plastic Additives: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

7.7         Textiles

7.7.1        Overview

7.7.2        Textiles: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

7.8         Others

7.8.1        Overview

7.8.2        Others: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

8.           South America Butyl Acrylate Market – Country Analysis

8.1         South and Central America: Butyl Acrylate Market

8.1.1        South and Central America: Butyl Acrylate Market, by Key Country

8.1.1.1          Brazil: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

8.1.1.1.1          Brazil: Butyl Acrylate Market, by Application

8.1.1.2          Argentina: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

8.1.1.2.1          Argentina: Butyl Acrylate Market, by Application

8.1.1.3          Rest of South and Central America: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

8.1.1.3.1          Rest of South and Central America: Butyl Acrylate Market, by Application

9.           Impact of COVID-19 Pandemic on South and Central America Butyl Acrylate Market

9.1         Overview

9.2         South America: Impact Assessment of COVID-19 Pandemic

10.        Industry Landscape

10.1      Overview

10.2      Mergers and Acquisitions

10.3      Agreements, Collaborations and Joint Ventures

10.4      New Product Launches

10.5      Expansions and Other Strategic Developments

11.        Company Profiles

11.1      Exxon Mobil Corporation

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Arkema S.A.

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      Mitsubishi Chemical Corporation

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      Oswal Udhyog

11.4.1     1Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      Nippon Shokubai Co., Ltd.

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      Indenta Chemicals Pvt. Ltd.

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

11.7      TCI Chemicals Pvt. Ltd.

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

11.8      Wanhua Chemical Group Co., Ltd.

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Products and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

11.8.6     Key Developments

11.9      LyondellBasell Industries Holdings B.V.

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Products and Services

11.9.4     Financial Overview

11.9.5     SWOT Analysis

11.9.6     Key Developments

11.10   Sasol

11.10.1  Key Facts

11.10.2  Business Description

11.10.3  Products and Services

11.10.4  Financial Overview

11.10.5  SWOT Analysis

11.10.6  Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Glossary

 


LIST OF TABLES

Table 1.             Butyl Acrylate Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Brazil Butyl Acrylate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 3.             Argentina Butyl Acrylate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 4.             Rest of South and Central America Butyl Acrylate Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 5.             Glossary of Terms, Butyl Acrylate Market

 


LIST OF FIGURES

Figure 1.           Butyl Acrylate Market Segmentation

Figure 2.           Butyl Acrylate Market Segmentation – By Country

Figure 3.           South and Central America Butyl Acrylate Market Overview

Figure 4.           Paints and Coatings Segment Held the Largest Share of the South and Central America Butyl Acrylate Market

Figure 5.           Brazil Held Largest Share of South and Central America Butyl Acrylate Market

Figure 6.           South and Central America Butyl Acrylate Market, Key Market Players

Figure 7.           Ecosystem: Butyl Acrylate Market

Figure 8.           Expert Opinion

Figure 9.           South and Central America Butyl Acrylate Market Impact Analysis of Drivers and Restraints

Figure 10.        South and Central America: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        Butyl Acrylate Market Breakdown, by Application, 2020 & 2028

Figure 12.        Paints and Coatings: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Adhesives and Sealants: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Chemical Synthesis: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Plastic Additives: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Textiles: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Others: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        South and Central America: Butyl Acrylate Market, by Key Country – Revenue (2020) (US$ Million)

Figure 19.        South and Central America: Butyl Acrylate Market Revenue Share, by Key Country (2020 and 2028)

Figure 20.        Brazil: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Argentina: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Rest of South and Central America: Butyl Acrylate Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Impact of COVID-19 Pandemic in South America Country Markets

  1. Exxon Mobil Corporation
  2. Arkema S.A.
  3. Mitsubishi Chemical Corporation
  4. Oswal Udhyog
  5. Nippon Shokubai Co., Ltd.
  6. Indenta Chemicals Pvt. Ltd.
  7. TCI Chemicals Pvt. Ltd.
  8. Wanhua Chemical Group Co., Ltd.
  9. LyondellBasell Industries Holdings B.V.
  10. Sasol
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South and Central America butyl acrylate market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the South and Central America butyl acrylate market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving the South and Central America butyl acrylate market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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