North America Acrylic Rubber Market reached a valuation of USD 750 million in 2019 and is expected to cross USD 1.2 billion in 2024 with a CAGR of about 8.2% from 2019 to 2024. North America Acrylic Rubber, also known as ACM (alkyl acrylate copolymer) or Hy Temp is a type of specialty rubber, which has high heat resistance, aging resistance, oil resistance, ozone resistance, resistance to ultraviolet radiation and others. Owing to such properties, it is popularly used in automotive transmissions, hoses, gaskets, adhesives, beltings, and O-rings. North America Acrylic Rubber also has dampening properties because of which, it is also used in dampening mounts.
Japan is the largest producer, although the market is expected to be dominated by North America and North America, whereas the Asia Pacific is expected to witness the highest growth rate during the forecast period. The rapidly growing automotive industry is the reason for the growth in these regions. The increase in the demand from the packaging industry for packaging and sealing applications is another factor boosting the growth of the North America Acrylic Rubber market in North America and North America.
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Competitive Landscape:
The report offers details about financial standing, global positional, license agreement, business expansion plans and product portfolios of each player operating in the market. The global North America Acrylic Rubber market is extremely competitive and comprise various key players operating at global and regional levels. These players are adopting various strategies such as mergers and acquisitions, collaborations, joint ventures, partnerships, RD investments and new product launches to gain robust footing in the market and expand their product portfolio.
Key Companies in the market include: Zeon, NOK, Changzhou Haiba Rubber Co., Ltd., DuPont, The Harboro Rubber Co., Ltd.
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Market Segmentation
- Market segment based on Product:
- Epoxy Acrylate Rubber
- Carboxyl Type Acrylate Rubber
- Active Chlorine Acrylate Rubber
- Dienes Acrylate Rubber
- Market segment based on Application:
- Gaskets
- Automotive Transmissions
- Hoses
- Adhesives
- Others
Regional Outlook:
North America (U.S.A., Canada, Mexico)
North America (Italy, U.K., Germany, France, Rest of North America)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Key questions covered in the global North America Acrylic Rubber market report:
- What is the expected market size of the global North America Acrylic Rubber market during the forecast period?
- What factors are expected to hamper global North America Acrylic Rubber market growth over the forecast period?
- What key factors are expected to drive global revenue growth between 2021 and 2028?
- Which application segment is expected to dominate other application segments over the forecast period?
- Which region is expected to dominate in terms of revenue during the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
- Which leading players are operating in the global North America Acrylic Rubber market?
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