Acrylic Resins with Forecasts to 2005 and 2010
Total Page:16
File Type:pdf, Size:1020Kb
US Outlook for Acrylic Resins with forecasts to 2005 and 2010 • Demand for acrylic resins will increase 3.9 percent per year to 3.7 billion pounds in 2005, valued at $2.6 billion. • The largest market for acrylic resins (accounting for nearly one-third of total demand in 2000) is the manufacture of paints and coatings. • The US acrylic monomers industry is extremely concentrated, with just six compa- nies -- Rohm and Haas, INEOS Acrylics (formerly ICI Acrylics), Celanese, Dow Chemical, CYRO Industries (a joint venture of Rohm GmbH and Cytec), and BASF -- supplying nearly 90 percent of total demand. Freedonia Industry Study #1492 Study Publication Date: December 2001 Price: $3,600 Acrylic Resins Pages: 237 Acrylic Resins, a new study from The Freedonia Group, provides you with an in-depth analysis of major trends in the industry and the outlook for product segments and major markets -- critical information to help you with strategic planning. This brochure gives you an indication of the scope, depth and value of Freedonia's new study, Acrylic Resins. Order- ing information is included on the back page of the brochure. Brochure Table of Contents Study Highlights ............................................................................... 2 Table of Contents and List of Tables and Charts ............................. 4 Sample Pages and Sample Tables from: Market Environment .................................................... 6 Acrylates and Methacrylates......................................... 7 Markets........................................................................ 8 Industry Structure ........................................................ 9 Company Profiles ...................................................... 10 List of Companies Profiled ........................................ 11 Forecasting Methodology ............................................................... 12 About the Company ....................................................................... 13 Advantages of Freedonia Reports ................................................... 13 About Our Customers .................................................................... 14 Other Titles From Freedonia ......................................................... 15 Ordering Information..................................................................... 16 Study Highlights • Demand for acrylic resins will increase 3.9 percent per year to 3.7 billion pounds in 2005, valued at $2.6 billion. • While methacrylates will continue to account for the majority of acrylic resins demand, acrylates will record more rapid growth through 2005, the result of the latter's lower level of dependence upon highly cyclical markets, such as transportation equipment and construction. • The largest market for acrylic resins (accounting for nearly one-third of total demand in 2000) is the manufacture of paints and coatings. • The plastics industry will record above-average growth in demand, as the number of applications grows for polymer property modifiers. • The US acrylic monomers industry is extremely concentrated, with just six companies -- Rohm and Haas, INEOS Acrylics (formerly ICI Acrylics), Celanese, Dow Chemical, CYRO Industries (a joint venture of Rohm GmbH and Cytec), and BASF -- supplying nearly 90 percent of total demand. Acrylic Resins #1492 Freedonia Industry Study 2 Study Highlights Acrylic Resins Demand by Monomer, 1995 Versus 2000 (million pounds) 2000 1500 1995 1000 2000 500 0 Acrylates Methacrylates Acrylic Resins Demand (million pounds) % Annual Growth Item 1995 2000 2005 2010 00/95 05/00 Gross Domestic Product (bil 1996$) 7544 9224 10550 12100 4.1 2.7 lbs acrylic/mil $ GDP 323 330 349 370 -- -- Acrylic Resins Demand 2437 3042 3685 4475 4.5 3.9 By Monomer: SUMMARY TABLE Methacrylates 1259 1626 1945 2330 5.2 3.6 Acrylates 1178 1416 1740 2145 3.7 4.2 By Market: Paints & Coatings 804 986 1200 1465 4.2 4.0 Construction 352 443 515 605 4.7 3.1 Plastics 237 311 395 490 5.6 4.9 Textiles & Fibers 249 269 305 350 1.6 2.5 Industrial & Commercial 179 258 310 370 7.6 3.7 Adhesives 177 227 280 345 5.1 4.3 Paper & Paperboard 123 156 200 260 4.9 5.1 Other Markets 316 392 480 590 4.4 4.1 $/lb 0.62 0.64 0.70 0.76 0.6 1.8 Acrylic Resins Demand (mil $) 1509 1946 2580 3380 5.2 5.8 © Copyright by The Freedonia Group, Inc. Acrylic Resins #1492 Order form on last page 3 Paints & Coatings ..............................................................39 List of Contents, Paints & Coatings Outlook.............................................39 Table - Paints & Coatings Shipments .........................41 Tables and Charts Acrylic Resins Demand ...................................................42 Table - Paints & Coatings Markets for Acrylic Resins ....44 Construction ......................................................................44 Construction Overview...................................................45 Table - Construction Activity .....................................46 I. EXECUTIVE SUMMARY Acrylic Resins Demand ...................................................46 Summary Table ................................................................ 3 Table - Construction Markets for Acrylic Resins..........48 Plastics ........................................................................48 II. MARKET ENVIRONMENT Plastics Industry Overview ..............................................48 General .......................................................................... 4 Table - Plastics Supply & Demand .............................50 Macroeconomic Environment .............................................. 5 Acrylic Resins Demand ...................................................50 Table - Macroeconomic Indicators .................................... 7 Table - Plastics Markets for Acrylic Resins ...................52 Consumer Spending Trends ................................................ 7 Textiles & Fibers ................................................................53 Table - Consumer Spending Activity................................ 9 Textile & Fiber Products Overview ................................53 Demographic Trends ........................................................... 9 Table - Textile & Fiber Industry Indicators ................54 Table - Demographic Indicators .....................................11 Acrylic Resins Demand ...................................................54 Manufacturing Outlook .....................................................11 Table - Textiles & Fibers Markets for Acrylic Resins ...55 Table - Manufacturers’ Shipments ..................................14 Industrial & Commercial ....................................................56 Historical Trends ................................................................14 Retail Sales Outlook ........................................................56 Table - Acrylic Resins Historical Trends ..........................16 Table - Retail Sales ......................................................58 Chart - Acrylic Resins Historical Trends ..........................16 Acrylic Resins Demand ...................................................58 Technology ........................................................................17 Table - Industrial & Commercial Production Processes .......................................................18 Markets for Acrylic Resins .........................................59 Polymerization Processes .................................................21 Adhesives & Sealants ..........................................................60 Feedstocks.......................................................................23 Adhesives & Sealants Overview ......................................60 Table - Feedstocks Consumption ................................26 Table - Adhesives & Sealants Production ....................61 Environmental & Regulatory Considerations .....................26 Acrylic Resins Demand ...................................................61 Environmental Factors ....................................................27 Table - Adhesives & Sealants Markets for Acrylic Resins ....63 Health Factors.................................................................27 Transportation Equipment .................................................63 Recycling ........................................................................29 Transportation Markets Overview ..................................64 Pricing Considerations ........................................................30 Table - Transportation Equipment Shipments ...........65 Table - Acrylic Resins Pricing ..........................................31 Acrylic Resins Demand ...................................................65 Acrylates ........................................................................31 Table - Transportation Equipment Methacrylates..................................................................32 Markets for Acrylic Resins .........................................66 Foreign Trade .....................................................................33 Paper & Paperboard ...........................................................67 Table - Foreign Trade in Acrylic Resins ..........................34 Paper & Paperboard Overview .......................................67 International Activity ..........................................................35 Table - Paper & Paperboard Production .....................68 Acrylates ........................................................................35