TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION x
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
Macroeconomic Environment 5
Consumer Spending Trends 7
Demographic Trends 9
Manufacturing Outlook 11
Historical Trends 14
Technology 17
Production Processes 18
Polymerization Processes 21
Feedstocks 23
Environmental & Regulatory Considerations 26
Environmental Factors 27
Health Factors 27
Recycling 29
Pricing Considerations 30
Acrylates 31
Methacrylates 32
Foreign Trade 33
International Activity 35
Acrylates 35
Methacrylates 36
III. ACRYLIC RESIN MARKETS 37
General 37
Paints & Coatings 39
Paints & Coatings Outlook 39
Acrylic Resins Demand 42
Construction 44
Construction Overview 45
Acrylic Resins Demand 46
Plastics 48
Plastics Industry Overview 48
Acrylic Resins Demand 50
Textiles & Fibers 53
Textile & Fiber Products Overview 53
Acrylic Resins Demand 54
Industrial & Commercial 56
Retail Sales Outlook 56
Acrylic Resins Demand 58
Adhesives & Sealants 60
Adhesives & Sealants Overview 60
Acrylic Resins Demand 61
Transportation Equipment 63
Transportation Markets Overview 64
Acrylic Resins Demand 65
Paper & Paperboard 67
Paper & Paperboard Overview 67
Acrylic Resins Demand 68
Consumer Products 70
Other Markets 71
IV. ACRYLATES 74
General 74
Acrylates Producers & Capacity 75
Acrylates Supply & Demand 78
Acrylates Demand by Type 80
Butyl Acrylate 82
Ethyl Acrylate 83
Ethylhexyl Acrylate 85
Other Acrylates 86
Acrylates Markets 88
Paints & Coatings 90
Textiles & Fibers 93
Adhesives 95
Paper & Paperboard 97
Plastics 99
Other Markets 101
V. METHACRYLATES 104
General 104
Methacrylates Producers & Capacity 104
Methacrylates Supply & Demand 108
Methacrylates Demand by Type 109
Methyl Methacrylate 110
Other Methacrylates 113
Butyl Methacrylate 115
Lauryl Methacrylate 117
Stearyl Methacrylate 117
Isobutyl Methacrylate 118
Glycidyl Methacrylate 118
Ethyl Methacrylate 119
Miscellaneous Methacrylates 120
Methacrylates Markets 122
Construction 124
Paints & Coatings 126
Industrial & Commercial 127
Plastics 129
Transportation Equipment 130
Adhesives & Sealants 132
Consumer Products 133
Other Markets 136
VI. INDUSTRY STRUCTURE 140
General 140
Industry Concentration & Market Share 140
Acrylates 143
Methacrylates 145
Industry Restructuring 146
Cooperative Agreements 151
Marketing & Distribution 154
Research & Development 156
Competitive Strategies 158
Company Profiles 160
ABCO Industries Incorporated, see Eastman Chemical
Air Products and Chemicals Incorporated 161
Akzo Nobel NV 163
Albright & Wilson Limited, see Rhodia
American Acryl, see Nippon Shokubai and Total Fina Elf
Anderson Development Company, see Mitsui Chemicals
Aristech Acrylics LLC, see Mitsubishi Corporation
Aristech Chemical Corporation, see Sunoco
Ashland Incorporated 165
Atoglas, see Total Fina Elf
Avecia 168
Avery Dennison Corporation 169
Axchem Solutions Incorporated, see SNF Floerger
BASF AG 170
Bayer AG 173
Bio-Flocryl Incorporated, see SNF Floerger
Celanese AG 175
Chemdal International, see BASF AG
Chemtall Incorporated, see SNF Floerger
Ciba Specialty Chemicals Incorporated 177
Cognis Corporation, see Henkel
Continental Acrylics Incorporated, see Plaskolite
Cook Composites and Polymers, see Total Fina Elf
Creanova, see E.ON AG
CYRO Industries, see Cytec Industries and E.ON
Cytec Industries Incorporated 179
Dainippon Ink and Chemicals Incorporated 181
Degussa Corporation, see E.ON AG
Dock Resins Corporation, see Landec
Dow Chemical Company 183
Drew Industrial, see Ashland
DuPont (EI) de Nemours 186
E.ON AG 187
Eastman Chemical Company 190
Emerson & Cuming, see Imperial Chemical Industries
Engineered Polymer Solutions Incorporated, see Valspar
Exxon Mobil Corporation 193
Flocryl, see SNF Floerger
Fuller (HB) Company 194
Goodrich Corporation 194
Henkel KGaA 195
ICI Acrylics, see INEOS plc
Imperial Chemical Industries plc 197
INEOS plc 200
International Specialty Products Incorporated 201
Johnson (SC) & Son Incorporated 203
Kelly-Moore Paint Company Incorporated 204
Landec Corporation 205
Lawter International Incorporated, see Eastman Chemical
Lilly Industries Incorporated, see Valspar
Loctite Corporation, see Henkel
McWhorter Technologies Incorporated, see Eastman Chemical
Mitsubishi Corporation 206
Mitsui Chemicals Incorporated 208
NA Industries Incorporated, see Nippon Shokubai
National Starch and Chemical Company, see Imperial
Chemical
NCF Manufacturing Company, see SNF Floerger
NeoResins, see Avecia
Nippon Shokubai Company Limited 209
Noveon Incorporated 211
OMNOVA Solutions Incorporated 212
Permabond International, see Imperial Chemical
Phenolchemie, see INEOS
Plaskolite Incorporated 214
Polychemie Incorporated, see SNF Floerger
Polydyne Incorporated, see SNF Floerger
PolymerLatex GmbH & Co. KG, see Bayer AG
and E.ON
Ponderosa Paint Manufacturing Incorporated,
see Kelly-Moore
PPG Industries Incorporated 216
Radcure, see UCB
Reichhold, see Dainippon Ink
Rhodia SA 217
Rohm and Haas Company 218
R”hm GmbH and Company KG, see E.ON AG
Sartomer Company, see Total Fina Elf
SKW Trostberg AG, see E.ON AG
SNF Floerger SA 222
Solutia Incorporated 224
StoHaas Monomer GmbH and Company KG, see E.ON AG and
Rohm and Haas
Sunoco Incorporated 225
Sybron Chemicals Incorporated, see Bayer
Total Fina Elf SA 227
TRA-CON Incorporated, see Imperial Chemical
UCB SA 231
Union Carbide Corporation, see Dow Chemical
Valspar Corporation 232
VEBA AG, see E.ON AG
Vianova Resins GmbH, see Solutia
Wacker Polymer Systems GmbH, see Air Products
Additional Companies Mentioned in Study 234
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I
Summary Table 3
SECTION II
1 Macroeconomic Indicators 7
2 Consumer Spending Activity 9
3 Demographic Indicators 11
4 Manufacturers Shipments 14
5 Acrylic Resins Historical Trends 16
6 Feedstocks Consumption 26
7 Acrylic Resins Pricing 31
8 Foreign Trade in Acrylic Resins 34
SECTION III
1 Acrylic Resins Markets 38
2 Paints & Coatings Shipments 41
3 Paints & Coatings Markets for Acrylic Resins 44
4 Construction Activity 46
5 Construction Markets for Acrylic Resins 48
6 Plastics Supply & Demand 50
7 Plastics Markets for Acrylic Resins 52
8 Textile & Fiber Industry Indicators 54
9 Textiles & Fibers Markets for Acrylic Resins 55
10 Retail Sales 58
11 Industrial & Commercial Markets for Acrylic Resins 59
12 Adhesives & Sealants Production 61
13 Adhesives & Sealants Markets for Acrylic Resins 63
14 Transportation Equipment Shipments 65
15 Transportation Equipment Markets for Acrylic Resins 66
16 Paper & Paperboard Production 68
17 Paper & Paperboard Markets for Acrylic Resins 69
18 Consumer Products Markets for Acrylic Resins 71
19 Other Markets for Acrylic Resins 73
SECTION IV
1 Acrylates Capacity by Producer, 2000 77
2 Acrylates Supply & Demand 80
3 Acrylates Demand by Type 81
4 Butyl Acrylate Demand 83
5 Ethyl Acrylate Demand 84
6 Ethylhexyl Acrylate Demand 86
7 Other Acrylates Demand 88
8 Acrylates Demand by Market 89
9 Paints & Coatings Markets for Acrylates 93
10 Textiles & Fibers Markets for Acrylates 95
11 Adhesives & Sealants Markets for Acrylates 97
12 Paper & Paperboard Markets for Acrylates 98
13 Plastics Markets for Acrylates 101
14 Other Markets for Acrylates 103
SECTION V
1 Methacrylates Capacity by Producer, 1998 107
2 Methacrylates Supply & Demand 109
3 Methacrylates Demand by Type 110
4 Methyl Methacrylate Supply & Demand 113
5 Other Methacrylates Supply & Demand 114
6 Methacrylates Demand by Market 123
7 Construction Markets for Methacrylates 125
8 Paints & Coatings Markets for Methacrylates 127
9 Industrial & Commercial Markets for Methacrylates 129
10 Plastics Markets for Methacrylates 130
11 Transportation Equipment Markets for Methacrylates 132
12 Adhesives & Sealants Markets for Methacrylates 133
13 Consumer Product Markets for Methacrylates 135
14 Other Markets for Methacrylates 139
SECTION VI
1 Selected Acquisitions & Divestitures 148
2 Selected Cooperative Agreements 152
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II
1 Acrylic Resins Historical Trends 16
SECTION III
1 Acrylic Resins Markets, 2000 39
SECTION IV
1 Acrylates Esters Capacity by Producer, 2000 78
2 Acrylates Demand by Type, 2000 81
3 Acrylates Demand by Market, 2000 89
SECTION V
1 Methacrylates Capacity by Producer, 2000 107
2 Other Methacrylates Demand by Type, 2000 115
3 Methacrylates Markets, 2000 123
SECTION VI
1 Acrylic Resins Market Share, 2000 142
2 Acrylates Market Share, 2000 144
3 Methacrylates Market Share, 2000 146