Acrylate Monomers Market Segmentation:
Functionality Type Segment Analysis
The monofunctional acrylate monomers market share is predicted to surpass 35% by the end of 2035. This growth can be attributed to its favorable properties for various applications such as low viscosity, resistance to hydrolysis, high glass transition temperature, thinner for thermosetting resins, Low vulcanization shrinkage and high Tg. Once cured, the monofunctional acrylate monomer has low shrinkage and high glass transition temperature. The secondary ester bond is resistant to hydrolysis. Monofunctional acrylates are recommended for use as reactive thinners in UV- or peroxide-cured resins, coatings or adhesives. It can also be used to enhance high-temperature stereolithography processes.
Application Segment Analysis
In terms of application, the paints & coating segment share in the acrylate monomers market is estimated to cross 43% by the end of 2035. Paints are composed of a mixture of one or more methylacrylate derived products, that help the paint and coating to be applied effectively while being able to retain its durability and longevity. This prevents the surface from being exposed to sunlight, rainfall, and other factors that may lead to the the deformation of the layers. Many uses of methacrylate paints and coatings, such as markings on roads, are made use of their durability. Acrylic-based coatings and paints dry quickly, reducing construction downtime and increasing overall efficiency. Acrylate monomers can benefit the gloss and smoothness of the final coating, improve the appearance of the coated surface, and they can replace solvents in UV/EB curable formulations, providing has the unique advantage of being environmentally friendly, harmless, up to 100% solids, low VOC solutions. These are expected to boost the growth of this segment in the predicted period.
Our in-depth analysis of the global acrylate monomers market includes the following segments:
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