Transparency Market Research in its new report titled, “Ethyldiglycol Acrylate Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the ethyldiglycol acrylate market. The TMR report anticipates that the rise in the demand from coatings, printing, and electronics industries will drive the ethyldiglycol acrylate market during the forecast period i.e, 2018-2026. Ethyldiglycol acrylate is a photocurable material that possesses several high-end properties such as fast curing, low energy consumption, low pollution, high efficiency, and outstanding performance, says the report.
TMR reports that in terms of application, the UV light-cured coatings segment held dominant share of the ethyldiglycol acrylate market in 2017. This trend is expected to continue during the forecast period, led by the rise in demand for UV light-cured coatings in the wood coating industry. These coatings are used as primers, topcoats, and sealants in wood and furniture industries for architectural moldings, and doors and window panes. Ethyldiglycol acrylate is generally stored under air and not under inert gases in order to prevent polymerization. A stabilizer needs to be present in ethyldiglycol acrylate and the storage temperature must not exceed more than 35°C. Storage tanks and pipes should be made up of stainless steel or aluminum and also need to be earthed. Ethyldiglycol acrylate is a type of monofunctional acrylate monomer, which is used in acrylate-based curable printing medium. An acrylate-based curable printing medium with low volatile organic compound comprises heat curable monofunctional acrylate monomers, di-functional acrylate monomers and tri-functional acrylate monomers. Other chemicals present in the group of monofunctional acrylate monomers include 2-phenoxyethyl acrylate, isodecyl acrylate, lauryl acrylate and stearyl acrylate.
The TMR report has segmented the global ethyldiglycol acrylate market into five key regions: North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Of these, Asia Pacific dominated the ethyldiglycol acrylate market in terms of revenue and volume in 2017. The ethyldiglycol acrylate market in the region is expected to expand at a rapid CAGR compared to that in other regions. In Asia Pacific, China and India dominated the ethyldiglycol acrylate market in terms of revenue and volume in 2017. Asia Pacific is followed by North America, which also accounted for significant share of the global ethyldiglycol acrylate market in 2017. The ethyldiglycol acrylate market in Europe is anticipated to expand at a moderate pace during the forecast period. Major companies operating in the global ethyldiglycol acrylate market are profiled in this report to give a better competitive analysis and these include BASF SE, Osaka Organic Chemical Industry Co., Ltd., Haihang Industry Co., Ltd., Spectrum Chemical Mfg. Corp.,Hubei Jusheng Technology Co., Ltd., Simagchem Corporation, Xiamen Hisunny Chemical Co.,Ltd, SAGECHEM LIMITED, among the others.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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