Europe Ranks Top Consumer of Water Based Acrylates Copolymer Rheology Modifiers Globally, Says MRFR in Its Report Available at MarketPublishers.com
31 Oct 2017 • by Natalie Aster
LONDON – Growth in the world’s market for water based acrylates copolymer rheology modifiers is fueled by uptake in the construction sector, constantly escalating demand for personal care products and also favourable government regulations. Besides, hiking demand from the paints and coatings sector, expanding cosmetics and personal care sector, together with enhancing prominence of waterborne rheology modifiers are forecast to give further impetus to the market growth in the offing. Meantime, availability of different alternatives for water based acrylates copolymer rheology modifiers could significantly hinder the market growth in the future.
Between 2017 and 2023, the worldwide market for water based acrylates copolymer rheology modifiers is projected to expand at a 4.35% CAGR to climb to the value of USD 471.9 million.
As of 2016, Europe was the top consumer of water based acrylates copolymer rheology modifiers across the globe, accounting for appr. 35% of the overall consumption. The European water based acrylates copolymer rheology modifiers market is predicted to increase at a 4.12% CAGR through 2023 to touch USD 162.7 million in value terms by late 2023. The major contributors to the region’s market growth are Germany, Russia, Spain and France.
As for applications, the paints and coating industry grabbed the biggest share of the global water based acrylates copolymer rheology modifiers market in the past year; it is poised to rise at a 4.76% CAGR during 2017-2023.
In-demand report “Global Water Based Acrylate Copolymer Rheology Modifiers Market Research Report- Trends & Forecast,2017-2023” elaborated by Market Research Future (MRFR) is a valuable source of updated information on the market performance, landscape, dynamics and trends. It examines the key market segments in detail, explores the actual situation across the major regional markets for water based acrylates copolymer rheology modifiers as well as sheds light on the key growth propelling and hampering factors. Future growth opportunities and challenges are also highlighted in this report. Moreover, the publication describes the competitive landscape and identifies the key rivals in the marketplace with vital details on their financial and business performance. Additionally, this study offers access to comprehensive forecasts up till 2023.
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