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Acrylic Rubber (ACM), also known as a polyacrylic elastomer, is composed of acrylic monomers. It is flexible to add other monomers in this acrylic chain to get the desired properties as per the requirement. They are highly resistant to heat, oxidation, and hot oil resistant. Although it is less resistant to moisture, it is used in seals, hoses, textiles, and adhesives.
According to Researcher, the global Acrylic Rubber market is expected to witness a significant growth rate during the forecast period and likely grow at a CAGR of around 8%. Increasing demand from the automotive industry is the main driver for the Acrylic rubber market. It is needed in automotive seals, transmission, hoses, and gaskets. However, one major disadvantage of Acrylic Rubber is that it has low resistance to moisture, acids, and bases. Due to this, some restrictions apply during its usage in the end-user industries. This may hamper the growth of the market.
Globally, North America and Europe are likely to dominate the market in the forecast period owing to the high demand from end-user industries like automotive and packaging. Asia Pacific region is expected to grow significantly due to rapid urbanization and better lifestyles of the people. With a growing population, transportation increases, which in turn has a positive impact on the market.
The global Acrylic Rubber market is highly fragmented. The major players in the global Acrylic Rubber market are ZEON, NOK CORPORATION, DuPont, Changzhou Haiba Rubber Co., Ltd., among others.
In 2018, Zeon Corporation announced the establishment of a new subsidiary in Thailand for Acrylic Rubber manufacture and sale.
Global Acrylic Rubber Market report provides deep insight into the current and future state of the Acrylic Rubber market across various regions. The study comprehensively analyzes the Acrylic Rubber market by segmenting based on type (Active chlorine acrylate Rubber, Carboxyl type acrylate Rubber, Dienes acrylate Rubber & Epoxy acrylate Rubber), application (Automotive, Packaging, Industrial, Medical & other applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
According to Researcher, the global Acrylic Rubber market is expected to witness a significant growth rate during the forecast period and likely grow at a CAGR of around 8%. Increasing demand from the automotive industry is the main driver for the Acrylic rubber market. It is needed in automotive seals, transmission, hoses, and gaskets. However, one major disadvantage of Acrylic Rubber is that it has low resistance to moisture, acids, and bases. Due to this, some restrictions apply during its usage in the end-user industries. This may hamper the growth of the market.
Globally, North America and Europe are likely to dominate the market in the forecast period owing to the high demand from end-user industries like automotive and packaging. Asia Pacific region is expected to grow significantly due to rapid urbanization and better lifestyles of the people. With a growing population, transportation increases, which in turn has a positive impact on the market.
The global Acrylic Rubber market is highly fragmented. The major players in the global Acrylic Rubber market are ZEON, NOK CORPORATION, DuPont, Changzhou Haiba Rubber Co., Ltd., among others.
In 2018, Zeon Corporation announced the establishment of a new subsidiary in Thailand for Acrylic Rubber manufacture and sale.
Global Acrylic Rubber Market report provides deep insight into the current and future state of the Acrylic Rubber market across various regions. The study comprehensively analyzes the Acrylic Rubber market by segmenting based on type (Active chlorine acrylate Rubber, Carboxyl type acrylate Rubber, Dienes acrylate Rubber & Epoxy acrylate Rubber), application (Automotive, Packaging, Industrial, Medical & other applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of major companies, including their market shares and projects.
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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