Current Business Affairs Global Isononyl Acrylate Market 2018

Global Isononyl Acrylate Market Trends, Analysis, and Forecast To 2025
Market Definition:
Isononyl acrylate is a unique kind of acrylate attained by the reaction between isononyl alcohol and acrylic acid.
Amongst all the commercially available acrylates, this chemical product has least glass transition temperature that
renders it ideal for various applications such as paints & coatings adhesives & sealants, etc. The global isononyl acrylate
market is expected to garner maximum revenue in the forecast period. Factors such as rise in the global pressure
sensitive adhesives business, high uptake of pressure sensitive tapes, utilized as masking & paper tapes, electrical tapes,
packaging tapes, cloth & duct tapes and double-sided tapes, in different industries are expected to fuel the growth of
isononyl acrylate market. Also, the high demand for rigid packaging adhesives that are widely used in packaging
applications in food & beverage and consumer goods industry across the globe is expected to propel the demand of
isononyl acrylate.
Major Key Players:
The major companies that provide isononyl acrylate include ExxonMobil Chemicals, OSAKA Organic Chemical Industry
Limited, BOC Sciences, KH Chemicals and Angene International Limited. The major strategies adopted by these
companies include contract manufacturing and research that enables them to gain competitive edge in the global
isononyl acrylate market.
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Market Segmentation:
The global isononyl acrylate market is segmented on the basis of application, and regions. Based on application, the
global market is segmented into adhesive & sealants, and paints & coatings.
Among the market segments, the sealants and adhesives are expected to command a major share owing to the growing
demand of the product in the manufacturing of pressure sensitive adhesive tapes and labels that are mainly used in
packaging industry. Also, the high demand for anti-corrosion paints for the protection of marine structure & vessels will
also positively influence the growth of this market segment.
Market Analysis with Latest Growth Factors:
However, the highly complex and time-taking product manufacturing process, high expense required to manufacture
this product are posing a challenge to the isononyl acrylate market. Additionally, the presence of cost competitive