Industry

Acrylate monomers Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product (Methyl Acrylate, Butyl Acrylate, Ethyl Acrylate, 2 Ethyl Hexyl Acrylate (2EHA), Others); Application (Paints and Coatings, Adhesives, Plastics, Others); End Use (Automotive, Textiles, Construction, Oil and Gas, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Report Code : 

TIPRE00022218

No. of Pages : 150
Published Month : Apr 2024
Category : Chemicals and Materials

The Acrylate Monomers Market is expected to register a CAGR of 5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The acrylate monomers market report is segmented by type (butyl acrylate, ethyl acrylate, 2-ethyl hexyl acrylate, methyl acrylate, and others). The market is segmented based on the application (paints and coatings, plastics, adhesives and sealants, printing inks, and others). The global analysis is further broken down at the regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.

Purpose of the Report

The report Acrylate Monomers Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Acrylate Monomers Market Segmentation

Type

  • Butyl Acrylate
  • Ethyl Acrylate
  • 2-Ethyl Hexyl Acrylate
  • Methyl Acrylate

Application

  • Paints and Coatings
  • Plastics
  • Adhesives and Sealants
  • Printing Inks

Acrylate Monomers Market Growth Drivers

  • Rising Demand for Acrylate Monomers: The increasing demand for paints and coatings is the most important factor driving the market growth. All the verticals of the economy are expanding and seeking advanced technologies. With this, there is a rapid growth in the use of different types of acrylate monomers in paints and coatings.
  • Growth in Various Industries: Acrylate monomers are used as functional components because of their superior adhesion characteristics. Due to the growth of the packaging sector as well as the construction and automotive industries, the acquisition of multipurpose adhesives is increasing, which in turn augments the acrylate monomers market.
  • Advancements Fueling Demand for Acrylate Monomers: Modification in polymerization methods and their compositions for different applications is improving the functional properties of acrylate monomers. The introduction of bio-based water-soluble polymers such as acrylates is also a response to evolving legislation on sustainability, which is encouraging more sectors to utilize such materials. With this, the demand for acrylate monomers is increasing rapidly in various countries across the globe.

Acrylate Monomers Market Future Trends

  • Growth of Sustainable Bio-Based Acrylates: The development of sustainable and bio-based acrylates is expected to fuel market growth. There is a growing trend toward sustainability in the chemical industry. As companies strive to reduce their carbon footprint, the demand for bio-based and eco-friendly acrylate monomers is expected to rise. Innovations in sourcing raw materials from renewable resources are likely to shape the market in the coming years.
  • Automation Enhancing Acrylate Monomer Production: There is an increased adoption of automation and smart manufacturing technologies. The integration of advanced technologies, including artificial intelligence and the Internet of Things (IoT), into the production processes of acrylate monomers is anticipated. These technologies can enhance efficiency, reduce waste, and improve product quality, making manufacturers more competitive in the global market.
  • Rising Demand for Acrylates in EVs: The rising production of electric vehicles is expected to drive the demand for acrylate monomers in the automotive sector. These monomers are increasingly used in lightweight materials, coatings, and adhesives, essential for EV manufacturing, thereby presenting new growth opportunities.

Acrylate Monomers Market Opportunities

  • Growth in Emerging Markets: The regions, such as the Asia Pacific and Latin America, hold significant potential for growth in the market of acrylate monomers. Urbanization and industrialization, as well as disposable income, are improving living standards and hence creating a demand for goods, building materials, and automobiles, driving the demand for acrylate monomers.
  • Rising R&D Investment: Companies are spending money on R&D in order to improve acrylate monomers and their new areas of focus. New forms of acrylates may be helpful in targeting specialized niches such as the electrics, medical, and green industries.
  • Strategic Collaborations by Key Players: The collaborations with end users may offer significant growth opportunities for the acrylate monomer manufacturers. Understanding the demand of the market is a great advantage for acrylate monomer producers who develop bonds with the end-users in packaging, construction, automotive, and other industries. Joint processes of product improvement enable the creation of solutions that are specific to each customer, thus increasing customer retention and expanding the market.

Acrylate monomers Market Regional Insights

The regional trends and factors influencing the Acrylate monomers Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Acrylate monomers Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

  • Get the Regional Specific Data for Acrylate monomers Market

Acrylate monomers Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 5%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Type
  • Butyl Acrylate
  • Ethyl Acrylate
  • 2-Ethyl Hexyl Acrylate
  • Methyl Acrylate
By Application
  • Paints and Coatings
  • Plastics
  • Adhesives and Sealants
  • Printing Inks
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • New Japan Chemical Co Ltd.
  • BASF SE
  • The Dow Chemical Company
  • Hitachi Chemical Co. Ltd
  • Evonik Industries AG
  • Kuraray Co. Ltd
  • Mitsubishi Chemical Corporation
  • Arkema Group
  • Nippon Shokubai Co. Ltd

  • Acrylate monomers Market Players Density: Understanding Its Impact on Business Dynamics

    The Acrylate monomers Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Acrylate monomers Market are:

    1. New Japan Chemical Co Ltd.
    2. BASF SE
    3. The Dow Chemical Company
    4. Hitachi Chemical Co. Ltd
    5. Evonik Industries AG

    Disclaimer: The companies listed above are not ranked in any particular order.



    • Get the Acrylate monomers Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Acrylate Monomers Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Acrylate Monomers Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    The List of Companies

    1. New Japan Chemical Co Ltd.
    2. BASF SE
    3. The Dow Chemical Company
    4. Hitachi Chemical Co. Ltd
    5. Evonik Industries AG
    6. Kuraray Co. Ltd
    7. Mitsubishi Chemical Corporation
    8. Arkema Group
    9. Nippon Shokubai Co. Ltd
    10. KH Chemicals
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    Frequently Asked Questions

    What is the future trend for acrylate monomers market?

    The development of sustainable and bio-based acrylates is expected to be the key market trends.

    Based on geography, which region held the largest share of the acrylate monomers market?

    Based on geography, Asia Pacific held the largest share of the acrylate monomers market due to its rapidly growing automotive and building and construction industries, driving the demand for paints, coatings, adhesives, and sealants.

    Which is the fastest growing segment based on application?

    Based on application, the adhesives and sealants segment is expected to witness the fastest growth during the forecast period

    What are the driving factors impacting the acrylate monomers market ?

    The growing demand from the paints and coatings industry is driving the market growth.

    What are the key players operating in the acrylate monomers market?

    BASF SE, Nippon Shokubai Co Ltd, Mitsubishi Chemical Corporation, KURARAY CO LTD, Evonik Industries AG, Arkema, Hitachi Chemical Co Ltd, Dow, New Japan Chemical Co Ltd, and LG Chem are the key players operating in the acrylate monomers market.

    What is the expected CAGR of the Acrylate Monomers Market?

    The Acrylate Monomers Market is estimated to witness a CAGR of 5% from 2023 to 2031