The Global Ethylene Butyl Acrylate (EBA) market is subject to witness a substantial growth due to the growing need for production of color formers. One of the major application of the Ethylene Butyl Acrylate is production of heat & pressure sensitive dye, and leuco dye. Globally, the Ethylene Butyl Acrylate market is predicted to generate massive revenue in the forecast period, providing numerous opportunities for market players to invest in research and development of the Ethylene Butyl Acrylate (EBA) market.
Ethylene Butyl Acrylate (EBA) increasingly adopted for production of heat and pressure sensitive dye. The heat & pressure sensitive dye are largely used in the pressure and heat sensitive recording systems that utilizes color formation mechanism; such systems consists of various color formers, developers and sensitizers. In addition, the heat & pressure sensitive dye is gaining traction in production of films and coverings in various end-user applications. Some of the end-user segments include food-packaging industry; agriculture sector, construction industry and form fill seal (FFS) bags.
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The recent technological advancement in the chemical industry coupled with development of the novel products such as Lucofin 1400 MN, which is a copolymer of Ethylene Butyl Acrylate, are expected to fuel market growth over the forecast period. The Lucofin 1400 MN is majorly derived from crystallization of ethylene and butyl acrylate. The Lucofin 1400 MN is highly flexible in comparison with ethylene homo-polymers. The Lucofin 1400 MN largely used for polymer alteration of butane and asphalt, roto-molding processes, and powder coating. Other application of the products include profile and cable extrusion purposes. The Lucofin 1400 MN plays a vital role in the manufacturing of various types of sealing membranes. These factors are expected to foster market demand for Ethylene Butyl Acrylate in the near future.
The Ethylene Butyl Acrylate (EBA) market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America and European region have shown major growth in recent years owing to the introduction of novel production techniques in the chemical industry and existence of well-established manufacturing sector in the region. Asia-Pacific region is predicted to hold major market share in the Ethylene Butyl Acrylate (EBA) market with massive growth in forecast period. Countries such as India and China are leading the Asia-Pacific market with strong economic growth, rising research & development activities, and significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the Ethylene Butyl Acrylate (EBA) market are Jianxin tyre (Fujian) Co., Ltd., Sigma-Aldrich Co., Sadhana Nitro Chem Ltd., Connect Chemicals GmbH, Wilson Chemical Innovations Inc., and Zhejiang Longsheng Group Co., Ltd.
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