| Product Code: ETC103679 | Publication Date: Jun 2021 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Acrylic Ester market currently, in 2023, has witnessed an HHI of 4700, Which has increased moderately as compared to the HHI of 2630 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) acrylic ester market has been experiencing growth, driven by the country`s expanding manufacturing and construction sectors. Acrylic esters are a group of chemical compounds derived from acrylic acid, and they find wide-ranging applications in industries such as adhesives, paints, coatings, textiles, and plastics. The UAE robust construction activities, growing automotive sector, and increasing demand for consumer goods have contributed to the rising demand for acrylic esters in the country.
The growth of the UAE acrylic ester market is influenced by several factors. Firstly, the construction and infrastructure boom in the UAE has led to an increased demand for acrylic esters used in adhesives, sealants, and construction materials. As the country continues to invest in real estate and infrastructural development, the demand for acrylic esters is expected to rise. Secondly, the automotive and transportation industries in the UAE require acrylic esters for the production of high-performance coatings and paints, driving the market`s growth.
Despite its positive growth prospects, the UAE acrylic ester market faces certain challenges. One significant challenge is the volatility of raw material prices. Acrylic esters are produced from acrylic acid, which is derived from propylene or ethylene, both of which are subject to price fluctuations in the global petrochemical market. Manufacturers need to manage raw material costs to ensure price stability and competitiveness. Additionally, adherence to stringent environmental regulations and sustainability concerns pose challenges for the industry to develop eco-friendly and biodegradable acrylic esters.
The Covid-19 pandemic had a mixed impact on the UAE acrylic ester market. During the initial stages of the pandemic, disruptions in supply chains and reduced manufacturing activities led to a temporary decline in demand for acrylic esters. However, as economic activities resumed and industries adapted to new safety measures, the demand for acrylic esters gradually recovered. The pandemic also highlighted the importance of hygiene and sanitation measures, driving the demand for acrylic esters used in adhesives and coatings for medical and sanitary applications.
Key players in the market include BASF SE, The Dow Chemical Company, Arkema Group, and Sasol Limited, among others. These companies are major producers and suppliers of a wide range of acrylic esters in the UAE, catering to diverse industrial applications. Successful players often focus on research and development, product innovation, and strategic partnerships to maintain a leading position in the competitive acrylic ester market in the UAE.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Acrylic ester Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Acrylic ester Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Acrylic ester Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) Acrylic ester Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects in the UAE |
4.2.2 Increasing demand for adhesives and sealants in various industries |
4.2.3 Favorable government regulations supporting the chemicals industry |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Environmental regulations impacting production processes |
4.3.3 Competition from alternative materials |
5 United Arab Emirates (UAE) Acrylic ester Market Trends |
6 United Arab Emirates (UAE) Acrylic ester Market, By Types |
6.1 United Arab Emirates (UAE) Acrylic ester Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By Methyl Acrylate, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By Ethyl Acrylate, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By Butyl Acrylate, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By 2-EH Acrylate, 2021-2031F |
6.1.7 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Arab Emirates (UAE) Acrylic ester Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By Surface Coatings, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By Adhesives and Sealants, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By Plastic additives, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By Detergents, 2021-2031F |
6.2.6 United Arab Emirates (UAE) Acrylic ester Market Revenues & Volume, By Textiles, 2021-2031F |
7 United Arab Emirates (UAE) Acrylic ester Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Acrylic ester Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Acrylic ester Market Imports from Major Countries |
8 United Arab Emirates (UAE) Acrylic ester Market Key Performance Indicators |
8.1 Capacity utilization rate of acrylic ester production facilities |
8.2 Average selling price of acrylic esters in the UAE market |
8.3 Rate of adoption of acrylic esters in new applications |
8.4 Investment in research and development for acrylic ester products |
8.5 Customer satisfaction levels with acrylic ester products |
9 United Arab Emirates (UAE) Acrylic ester Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Acrylic ester Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Acrylic ester Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) Acrylic ester Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Acrylic ester Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Acrylic ester Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |