EBA Market analysis of future, growth factors & Requirements 2017-2024

Ethylene butyl acrylate market will be enhanced by rising demand from petrochemical based products and shifting preference for renewable materials.

Ethylene Butyl Acrylate Market size will witness a strong growth by 2024. Increasing potential applications in various end-use industries including plastics, textile, caulk, leather and packaging industry will drive the EBA market growth.

Increasing manufacturer awareness pertaining to benefits of polyethylene will fuel the industry growth, product is widely used in sealants, paints, adhesives, fuel and surface coatings.

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Growing consciousness regarding eco-friendly products encouraged extensive technological R&D to augment bio-degradable properties. N-butanol, acrylic acid, triethyl phosphate and acrylamide are the raw materials used in the EBA production.

Asia Pacific ethylene butyl acrylate market will witness high gains in the forecast timeframe. Rising demand from packaging and food & beverage applications particularly in China, India and Japan will drive the regional demand.

Saturated Europe ethylene butyl acrylate market is estimated to grow at stagnant rates. Technological advancement in healthcare industry due to growing human health consciousness are the factors positively influencing ethylene butyl acrylate market.

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Increasing product usage in agricultural films and hot melt adhesives particularly in Latin America will drive the regional application scope. Latin America agricultural film industry will witness over 6% CAGR by 2024.

Ethylene butyl acrylate market will witness significant growth in healthcare applications. High flexibility, easy modification, low weight and thermal & chemical resistance are the notable properties enhancing the application scope.

DuPont provides EBA product under brand name Elvaloy AC. The product is used in process aiding and property enhancing in polyesters, it also supports softer foam production. Higher crystalline melt temperature, flexibility and heat resistance are the factors positively influencing product development.

Global ethylene butyl acrylate market share is highly competitive. DuPont, Arkema, ExxonMobil, REPSOL, and LUCOBIT AG are the major industry participants.

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About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services.