Crotonic Acid Market Research Report: By Application (Adhesive Resins, Coatings, Plasticizers, Fungicides, Intermediates), End User (Chemical, Pharmaceutical, Paints and Coatings, Automobile, Packaging, Textile, Electronics) – Global Industry Analysis and Growth Forecast to 2025New York, March 22, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Crotonic Acid Market Research Report: By Application, End User – Global Industry Analysis and Growth Forecast to 2025” – https://www.reportlinker.com/p06036113/?utm_source=GNW The increasing consumption of crotonic-acid-based dispersions in paints, coatings, and adhesives will steer the crotonic acid market at a CAGR of 7.9% during the forecast period (2021–2025). Adhesives containing this acid offer rapid solidification, owing to which their application has significantly surged in high-speed manufacturing lines, such as those of packaging and textiles. The soaring demand for these adhesives will propel the market to $853.7 million by 2025 from $592.0 million in 2020. Thus, the expansion of the adhesives industry is one of the key factors contributing to the crotonic acid market growth. The acid is used as a comonomer with vinyl acetate, to produce copolymers that are primarily utilized in the formulation of adhesives. For example, hot-melt adhesives are usually developed by grafting crotonic and acrylic acids onto metallocene ethylene–octene copolymers. Additionally, technological advancements have led to the preparation of improved adhesives that offer exceptional flexibility, performance, and bond strength under a wide temperature range. Another key factor driving the market is the spurring demand for paints and coatings. This acid is a vital ingredient of these products as it can form copolymers when blended with other chemical compounds. Additionally, when the crotonic acid monomer is copolymerized with other compounds, it results in a thickener, which is applied in the manufacturing of glossy emulsion paints. These paints offer extra glow and protection to the interiors and exteriors of buildings. Thus, the soaring demand for glossy emulsion paints will facilitate market growth in the forecast years. The categories under the application segment of the crotonic acid market include coatings, fungicides, adhesive resins, plasticizers, and intermediates. Among these, the adhesive resins category dominated the market in 2020, and it is expected to maintain its lead throughout the forecast period. This is due to the rising application of crotonic acid in the manufacturing of copolymer dispersions for adhesive resins. Thus, the spurring demand for these adhesive formulations in the electronics, textile, packaging, and automobile industries will define the positive growth outlook for this category. Further, the end user segment of the crotonic acid market is categorized into chemical, pharmaceutical, paints and coatings, automobile, packaging, textile, and electronics. Among these, the paints and coatings category held the largest market share in 2020, and it is expected to register the fastest growth in the forecast years. This can be owed to the exponential use of crotonic-acid-based binders in paints and coatings to hold the pigments in place by binding them and form a coating layer. The spiking demand for paints and coatings from the automotive, packaging, and construction sectors will fuel the growth of this category. Globally, China dominated the crotonic acid market during the historical period (2016–2020), and it is expected to reflect the same trend in the forecast years. Additionally, the Chinese market is also projected to demonstrate the fastest growth throughout the forecast period. This can be ascribed to the magnifying demand for adhesives and paints and coatings for the repair and renovation of residential and commercial buildings. Moreover, the growing application of crotonic acid as a plasticizer, fungicide, and intermediary in the chemical, agriculture, and pharmaceutical industries will boost the market growth in China. With the rising consumption of adhesives and paints and coatings, the demand for crotonic acid will surge in the coming years.Read the full report: https://www.reportlinker.com/p06036113/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
