Global Acrylate
Market Report
2025
Acrylate market was valued at USD 10.2 billion in 2022 and is projected to reach USD 16.75 billion by 2030, registering a CAGR of 6.4 % for the forecast period 2023-2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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The global acrylate market was valued at USD 10.2 billion in 2022 and is projected to reach USD 16.75 billion by 2030, registering a CAGR of 6.4 % for the forecast period 2023-2030.
2021 | 2025 | 2033 | CAGR | |
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Global Acrylate Market Sales Revenue | 121212 | 121212 | 121212 | 6.4% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Acrylate Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Acrylate is an ester or salt of acrylic acid and contains a vinyl group. Acrylates are used in several products like paints, coatings, inks, adhesives, and thermoplastic, fabric but are mostly used in rubber and plastic due to their toughness, elasticity, transparency, and resistance to breakage. Moreover, Consumer attraction towards synthetic nail extensions, and the use of acrylate in cosmetic nail manufacturing increases the demand for acrylate. However, acrylates are known for their ability to polymerize or crosslink. This property makes them valuable in the production of polymers and resins. Some common acrylate compounds are ethyl acrylate, methyl acrylate, butyl acrylate, and 2- ethyl hexyl acrylate.
Driving Factor:
The increasing growth of the construction industry due to increasing population and urbanization drives the growth of the acrylate market. The construction industry requires high-quality materials for protection purposes. The quality of acrylate-based materials like paint, sealants, adhesives, and coating is cost-effective and superior to other materials making it a suitable choice for use in construction materials. However, the excellent resistance to corrosion and flexibility of acrylate material led to an increase in the demand for acrylate in the construction industry.
Restraining Factor:
The negative impact of acrylate on the health and environment is expected to hinder the market's growth. A high concentration of ethyl acrylate is harmful to the nervous system and causes nausea and headache and it also causes skin allergies. The use of raw materials like acrylic acid and monomers can adversely affect the chronic system of a human. Some acrylate can be hazardous waste, enter water streams, and have an impact on aquatic habitats. Moreover, Acrylate contains volatile organic compounds, and releasing of VOC can cause air pollution which is responsible for ozone depletion. It is less biodegradable and causes soil and water contamination. So, the environment and health hazards are expected to inhibit the growth of the market.
Impact of the COVID-19 Pandemic on the Acrylate Market:
COVID-19 had an adverse impact on the acrylate market. The lockdown affected the paint and coating industry and other major consumers of acrylates. Many construction projects are put on hold, which decreases the demand for acrylates used in construction materials like bond concrete, wood, and other building materials. The restriction on transportation and border closure led to delays in the supply of raw materials, resulting in decreased production capacity. COVID-19 disrupted the global supply chain. Hence, the growth of acrylates in consumer industries like automotive, construction, packaging, paint, and coating is declined, resulting in to decrease in the demand for acrylates.
As all regulations were released, border closures were also opened, leading to the resumption of all activities like supply chain, logistics, production, and others. As the world progressively recovers from the pandemic, the construction, automotive, and other industries are picked up again, boosting the acrylate market.
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Nov 2022
Arkema took a major step forward in its innovative sustainable offer with the certification of a range of bio-attributed acrylic monomers using the mass balance approach. With the help of these monomers, Arkema provides customized acrylic additives and resins with certified bio-attributed for a variety of applications. This establishes the Group as a market leader and a major partner for clients in the provision of bio-attributed acrylic materials.
May 2022
Evonik adopted a new distribution arrangement for its VISIOMER® Specialty Methacrylate to effectively meet the varied market demands to better serve the developing Indian and neighboring markets. The new distribution model supports emerging market trends and unique applications in addition to enabling quicker response and flexibility to changing client demands outside of the coatings sector.
August 2021
To improve reliability and access to raw material through larger, centralized capacity, the company announced an investment in methyl acrylate production in the US Gulf Coast.
Top Companies Market Share in Acrylate Industry: (In no particular order of Rank)
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Asia Pacific is expected to witness the highest growth rate during the forecast period.
Based on region, the market is bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East, and Africa. There is a high abundance of raw materials and labor in the Asia Pacific region. The rate of urbanization and industrialization is increasing in developing countries like India, China, and Japan. Hence, rapid growth in industries like packaging, construction, coating, automotive, and electrical, and increasing production capacity in developing countries like Japan, India, and China is playing a crucial role in rising market growth.
The current report Scope analyzes Acrylate Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Acrylate Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Acrylate Industry growth. Acrylate market has been segmented with the help of its Type, Application , and others. Acrylate market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
The butyl acrylate segment is expected to witness robust growth over the forecast period.
Based on the type, the market is bifurcated into methyl acrylate, butyl acrylate, 2-ethyl hexyl acrylate, ethyl acrylate, and others. Butyl acrylate has dominated the market in 2022 it will continue to rise over the projected period. Butyl acrylate is majorly used in the coating industry for industrial coating, wood coating, and architecture coating. The coating industry rises due to the increasing use of the coating in construction, automobile, and electrical industries. Also, butyl acrylate plays a crucial role in food packaging. In addition to this, it is also used to manufacture polymer because of its durability, and flexibility.
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The paint and coating segment is overwhelming in the market and is expected to expand the growth of the market during the forecast period 2023-2030.
Based on application, the market is further segmented into paints and coatings, printing inks, adhesives, plastics, cosmetics, and fabric. The acrylate monomer is used in producing copolymers for paint and coatings. Due to its high weathering and UV resistance, low-temperature performance, hydrophobicity, and water resistance, acrylate is widely used for paint and coatings. However, high demand for paint & coating from many end-use industries like automobile, construction, food, and others drives the growth of the paint and coating segment over the other segment.
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Manoj Phagare is a dynamic and results-driven research analyst with a passion for transforming raw data into actionable insights. Armed with a solid foundation in market research and data analysis and working in various domains including chemical & materials and paints & coatings. He thrive on the challenge of uncovering patterns, trends, and opportunities that drive strategic decision-making.His analytical mindset, coupled with effective communication skills, allows him to bridge the gap between data analysis and practical business applications.
In his current role, Manoj is a key player in market research and competitive analysis. He have a proven track record of synthesizing disparate data sources, employing statistical models, and delivering comprehensive insights. He have played a pivotal role in shaping evidence-based strategies that fueled the success of key business initiatives and Collaborating with cross-functional teams.Manoj remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Acrylate Market is witnessing significant growth in the near future.
In 2023, the Methyl acrylate segment accounted for noticeable share of global Acrylate Market and is projected to experience significant growth in the near future.
The Paints and coatings segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies BASF SE (Germany), Dow Chemical Company (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Methyl acrylate, Butyl acrylate, 2-ethyl hexyl acrylate, Ethyl acrylate, Others |
Application | Paints and coatings, Printing inks, Adhesives, Plastics, Cosmetics, Fabric |
List of Competitors | BASF SE (Germany), Arkema (France), Dow Chemical Company (US), Evonik Industries (Germany), NIPPON SHOKUBAI CO. LTD. (Japan), SIBUR (Russia), LG Chem (South Korea), SASOL Limited (South Africa), Formosa Petrochemical Corporation (Taiwan), Mitsubishi Chemical Corporation (Japan), Shanghai Huayi Acrylic Acid Co. Ltd. (China), Shenyang Chemical Co Ltd (China), Wanhua Chemical Group Co. Ltd. (China) |
This chapter will help you gain GLOBAL Market Analysis of Acrylate. Further deep in this chapter, you will be able to review Global Acrylate Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Acrylate. Further deep in this chapter, you will be able to review North America Acrylate Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Acrylate. Further deep in this chapter, you will be able to review Europe Acrylate Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Acrylate. Further deep in this chapter, you will be able to review Asia Pacific Acrylate Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Acrylate. Further deep in this chapter, you will be able to review South America Acrylate Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Acrylate. Further deep in this chapter, you will be able to review Middle East Acrylate Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Acrylate. Further deep in this chapter, you will be able to review Middle East Acrylate Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Acrylate. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Acrylate market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
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Why Methyl acrylate have a significant impact on Acrylate market? |
What are the key factors affecting the Methyl acrylate and Butyl acrylate of Acrylate Market? |
What is the CAGR/Growth Rate of Paints and coatings during the forecast period? |
By type, which segment accounted for largest share of the global Acrylate Market? |
Which region is expected to dominate the global Acrylate Market within the forecast period? |
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