Trinseo acquired the assets of Latex Binder and its Rheinmünster location in Germany. This acquisition will accelerate growth through an expanded product portfolio in adhesives and architectural applications.
Lummus Technology, a global provider of process technology and value-based energy solutions, has signed an agreement with Air Liquide Engineering to license and commercialize its ester-grade acrylic acid technology and light and heavy acrylate process technology. They announced that it has signed a contract with And Construction. This addition expands Lummus' portfolio of propylene production and derivative products, offering customers more choice between upstream and downstream operations.
Author Credits: Smruti Ranjan, 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.