Acrylate Monomers Market Regional Analysis:
Asia Pacific Market Insights
The Asia Pacific industry is estimated to dominate majority revenue share of 55% by 2035. This is mainly driven due to the growth of the printing ink, automobile, cosmetics and pharmaceutical industries. The increase in demand and production of packaging materials, electric vehicles, and paints and coatings has led to increased demand for POPs and POEs in the Asia Pacific region. This growth can also be attributed to the growing demand for automobiles and significant growth in the automobile industry in India and China. In the FY2023, the production volume of commercial vehicle was over USD 26 million units which a rise then the previous year.
Europe Market Insights
The European acrylate monomers market is estimated to grow substantially by the end of 2035. Acrylic monomers are low molecular weight compounds with vinyl groups participating in the polymerization process. Their composition makes them suitable for use in a variety of products such as solvents, inks, adhesives, thermoplastics, paints, ceramic nails and soft contact lenses. Further, in dentistry, these monomers are used to make dental prostheses and a variety of dental fillings and enamel materials. Dentists use them to prepare cement to attach prostheses to bone. Europe provides a huge market for acrylates for the dental industry. Therefore, dental industry in Europe is set to accelerate the growth of acrylate monomers market in the forecast period.
