Acrylate Monomers Market Trends

Growth Drivers

• Growing Demand for Water-based Adhesives in Textile Industry- n-Butyl acrylate (n-BA) and 2-ethylhexyl acrylate (2-EHA) are two of the most commonly used soft monomers for water-based acrylic PSAs. Water-based adhesives have a number of advantages that have led to their widespread use in the textile industry. The main advantage of water-based adhesives that makes them suitable for the textile industry is that they do not require heating (like hot melt adhesives), so they can be applied to more delicate fabrics such as lace and fabrics used in underwear. Additionally, they contain little or no solvent; therefore, they are often used in place of solvent-based adhesives where VOCs would be an issue. Depending on the formulation, water-based adhesives can have many beneficial properties that make them suitable for many applications. Hence, water-based adhesives, which have several uses, will contribute to the rise in the acrylate monomers market.

• Accelerating Demand for Eco-friendly and Sustainable Products- The acrylic monomers market is expected to witness changes in the future due to the emergence of new technologies. These technologies, including green polymerization processes and the production of biocompatible monomers, are designed to improve the environmental sustainability of chemicals. The adoption and use of these technologies can help businesses align with sustainability goals and consumer preferences. Due to the pollution crisis the world is facing, regulations and technological solutions for plastic waste management need to be urgently developed. In this context, bioresource approaches involving microbial activity can be promising and environmentally friendly solutions. The importance of sustainability is felt by 78% of consumers globally, they prefer using products that are made of sustainable materials.

Challenges

• Harmful Effects of Acrylate Monomer - Methyl methacrylate and tertiary amine are the two most important raw materials used in the production of acrylate monomers, both of which are hazardous to humans and the environment. When inhaled in significant amounts, isobutene has negative effects on the lungs. Some possible health risks are sensitizing effects that may occur after skin contact; Prolonged contact with skin may cause dermatitis. High concentrations of this product in the atmosphere may cause respiratory irritation. Isobutene is a highly flammable chemical and poses a serious fire hazard. These harmful effects are expected to hamper the acrylate monomers market expansion in the upcoming future.

• Emergence of Substitutes – A number of alternative acrylate monomer are emerging such as ethylene, propylene, and styrene. These substitutes offer similar properties to acrylate monomer but at a lower cost. This putting pressure on the acrylate monomers market and could lead to a decline in demand in the future.

• Strict Regulations Put the Government are Set to Pose Limitation on the Acrylate Monomers Market Growth in the Future Times.