Styrene Acrylic is a kind of coating which is used for building and construction to provide concrete and roofing applications to improve or provide flexibility, heat sealability, salt stability, and water resistance. Chemically styrene acrylic is nothing but modified acrylic polymer to increase weathering resistance of the polymer.
The global aerospace plastics market size was valued at USD 778.1 million in 2019 and is expected to witness significant growth over the forecast period. Recent developments in the manufacturing of fuel-efficient aircrafts are likely to drive the demand for aerospace plastics in the years to come.
The year 2019 was an interesting one for butadiene market players, and in many ways not what we expected. The year was defined by weak demand growth and a more comfortable market balance, despite significant planned maintenance outages.
The global roofing materials market size was estimated at USD 119.7 billion in 2019 and is expected to register a CAGR of 3.0% over the forecast period. Increasing investments in the renovation and redevelopment of residential and commercial buildings is expected to drive the market growth.
Adhesives can help make an electric vehicle lightweight. Electric vehicle adhesives are ideal replacements for mechanical fasteners in electric vehicle batteries. Electric vehicle adhesives offer several benefits such as even distribution of stress and load across bonded joints; improvement of strength; and efficient and flexible part design.
The global building & construction tapes market size was estimated at USD 4.30 billion in 2019 and is expected to register a CAGR of 4.5% over the forecast period. Rapid growth of the construction industry in Asia Pacific coupled with increasing penetration of adhesive tapes in the industry for bonding of trims and window attachments, is expected to drive the growth.
The global demand for melamine is likely to reach cross US$ 2.8 Bn by 2027 with a CAGR of more than 4% from 2019-2027. Demand for melamine is largely attributed to strong growth in the global construction industry and rising demand for lightweight and low-emission automotives.
Stiff competition and fragmentation prevail in the global food hydrocolloids market. In this market with a large number of local and regional players, key players have resorted to product innovation, investments, and acquisitions to gain competitive advantage.
The global super absorbent polymer market size was valued at USD 7.9 billion in 2018 and is anticipated to progress at a CAGR of 6.3% during the forecast period. Strong demand from the baby diaper segment is projected to stoke the overall growth. In addition, surging demand for adult incontinence and female hygiene products owing to increasing awareness pertaining to hygiene is poised to drive the product demand. In terms of revenue, the U.S. market is likely to expand at a CAGR of 6.7% during the forecast period and is expected to continue remaining the largest market for Super Absorbent Polymer (SAP) over the forecast period.