Polyacrylate Rubber Market Analysis

  • Report ID: 5601
  • Published Date: Feb 05, 2024
  • Report Format: PDF, PPT

Polyacrylate Rubber Market Analysis

End Use Industries (Packaging, Automotive, Consumer Goods, Chemicals & Material)

Based on end user industries, the automotive segment is set to dominate the polyacrylate rubber market registering a growth of 40% by the end of 2036. Technological advances and new research and development initiatives are transforming the automotive industry. According to the World Automobile Manufacturers Association, automakers around the world spent more than USD 125 billion on research and development in 2018. Consumers around the world are divided on the benefits of improved vehicle connectivity, with Indian and Chinese consumers twice as likely to embrace the idea as German consumers. Around 80% of Indians believe that improved connectivity in vehicles would be beneficial. The global automotive sector has recovered as industrial activities resumed after being temporarily shut down due to the coronavirus disease (COVID-19). Therefore, the prosperity of the automotive industry is likely to propel the growth of the market.

Source (Ethyl Acrylate, Butyl Acrylate, Methoxyethyl Acrylate, Ethoxy Ethyl Acrylate)

In terms of sources, the ethyl acrylate segment in the polyacrylate rubber market is anticipated to hold the largest revenue share of 40% during the time period between 2024-2036. This growth is primarily due to the increasing demand for rubber in various applications such as coatings, textiles, seals, adhesives, plastics, engine oils lubricants, and piping. Due to its excellent properties such as good heat resistance, oxygen resistance, and ozone resistance, ethyl acrylate rubber is increasingly preferred over other types of rubber. This is predicted to boost the segment growth during the period between 2024 – 2036.

Our in-depth analysis of the global polyacrylate rubber market includes the following segments:

     Source

  • Ethyl Acrylate
  • Butyl Acrylate
  •  Methoxyethyl Acrylate
  •  Ethoxy Ethyl Acrylate

     Application

  • Gaskets
  • O-rings
  • Beltings
  • Adhesives
  • Shaft Seals
  • Plastics
  • Engine Oils & Lubricants
  • Piping

     End Use Industries

  • Packaging
  • Automotive
  • Consumer Goods
  •  Chemicals & Material
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 5601
  • Published Date: Feb 05, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing demand in automotive sector and increasing demand in end user industry are some of the major factors anticipated to drive the growth of the polyacrylate rubber market.

The market is anticipated to attain a CAGR of ~10% over the forecast period, i.e., 2024-2036.

The major players in the market are of Continental AG, Zhongce Rubber Group, Cheng Shin Rubber Industry Co., CANADA SILICONE INC., Lummus Technology, Specialty Tapes Manufacturing, REDCO, Sreeji Trading Company, and others.

The automotive segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in Asia Pacific is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample