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Report
Acrylate Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Chemistry (Butyl Acrylate, Ethyl Hexyl Acrylate, Methyl Acrylate, Ethyl Acrylate), By End User (Packaging, Consumer Goods, Building & Construction, Textile, Automotive, Others), By Region & Competition, 2020-2030F
Market Report I 2025-06-30 I 180 Pages I TechSci Research
Market Overview
The Acrylate Market was valued at USD 11.25 Billion in 2024 and is projected to reach USD 15.22 Billion by 2030, growing at a CAGR of 5.12% during the forecast period. Acrylates are derived from the esterification of acrylic acid and are widely used for their performance-enhancing properties, including color stability, flexibility, and resistance to heat and low temperatures. Key variants such as butyl acrylate, methyl acrylate, ethyl acrylate, and ethyl hexyl acrylate are essential in manufacturing adhesives, coatings, paints, plastics, and floor polishes. Market growth is being fueled by rising demand in the spray coating and packaging industries, infrastructure upgrades, increasing disposable incomes, and the growing adoption of water-based emulsions. Additionally, the automotive industry's shift towards lightweight materials and the development of bio-based acrylic acid present promising opportunities. However, challenges such as health and environmental risks associated with acrylate exposure may limit growth potential in certain regions.
Key Market Drivers
Growing Demand of Acrylate in Automotive Industry
The automotive sector is a major consumer of acrylates, leveraging their properties in the production of coatings and adhesives. Acrylate-based coatings offer enhanced durability, corrosion resistance, and aesthetic appeal for both interior and exterior applications such as body panels and trim. Furthermore, acrylates are used in sealants and adhesives critical to vehicle assembly and maintenance. As the industry pivots toward lightweight and fuel-efficient vehicles, acrylates are increasingly replacing traditional mechanical fasteners to reduce overall vehicle weight. This shift supports improved fuel economy and aligns with global emissions standards, thereby driving continued demand for acrylate materials in automotive manufacturing.
Key Market Challenges
Volatility in Prices of Raw Materials
The acrylate industry is heavily reliant on petroleum-based feedstocks such as acrylic acid and various alcohols. These raw materials are sensitive to fluctuations in crude oil prices, creating cost instability for manufacturers. Spikes in oil prices elevate production expenses and compress profit margins, while price drops may lead to oversupply and market imbalances. This volatility disrupts procurement, pricing, and long-term financial planning for companies in the acrylate sector. As such, maintaining profitability requires proactive cost management strategies and close monitoring of global energy trends to navigate the unpredictable raw material landscape.
Key Market Trends
Increasing Adoption of UV-Curable Acrylate
UV-curable acrylates are gaining popularity due to their fast curing time, low energy requirements, and solvent-free formulation, which makes them more environmentally friendly compared to traditional alternatives. These acrylates are widely used in coatings, adhesives, and printing inks. In the coatings industry, they deliver durable, high-performance finishes for wood, plastic, and metal surfaces, while in adhesives, they provide strong bonding for electronics and medical devices. Their ability to adhere to multiple substrates and their suitability for high-speed production make them a preferred choice across industries. As sustainability and efficiency become critical business goals, the adoption of UV-curable acrylates is expected to accelerate.
Key Market Players
- Arkema SA
- BASF SE
- Evonik Industries AG
- LG Chem Ltd.
- SIBUR International GmbH
- The DOW Chemical Company
- Sasol Limited
- Mitsubishi Chemical Corporation
- Formosa Plastics Corporation
- Nippon Shokubai Co., Ltd
Report Scope:
In this report, the Global Acrylate Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Acrylate Market, By Chemistry:
o Butyl Acrylate
o Ethyl Hexyl Acrylate
o Methyl Acrylate
o Ethyl Acrylate
- Acrylate Market, By End User:
o Packaging
o Consumer Goods
o Building & Construction
o Textile
o Automotive
o Others
- Acrylate Market, By Region:
o North America
United States
Canada
Mexico
o Europe
France
United Kingdom
Italy
Germany
Spain
o Asia-Pacific
China
India
Japan
Australia
South Korea
o South America
Brazil
Argentina
Colombia
o Middle East & Africa
South Africa
Saudi Arabia
UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Acrylate Market.
Available Customizations:
Global Acrylate Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Global Acrylate Market Outlook
4.1. Market Size & Forecast
4.1.1. By Value & Volume
4.2. Market Share & Forecast
4.2.1. By Chemistry (Butyl Acrylate, Ethyl Hexyl Acrylate, Methyl Acrylate, Ethyl Acrylate)
4.2.2. By End User (Packaging, Consumer Goods, Building & Construction, Textile, Automotive, Others)
4.2.3. By Region
4.2.4. By Company (2024)
4.3. Market Map
5. Asia Pacific Acrylate Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Chemistry
5.2.2. By End User
5.2.3. By Country
5.3. Asia Pacific: Country Analysis
5.3.1. China Acrylate Market Outlook
5.3.1.1. Market Size & Forecast
5.3.1.1.1. By Value & Volume
5.3.1.2. Market Share & Forecast
5.3.1.2.1. By Chemistry
5.3.1.2.2. By End User
5.3.2. India Acrylate Market Outlook
5.3.2.1. Market Size & Forecast
5.3.2.1.1. By Value & Volume
5.3.2.2. Market Share & Forecast
5.3.2.2.1. By Chemistry
5.3.2.2.2. By End User
5.3.3. Australia Acrylate Market Outlook
5.3.3.1. Market Size & Forecast
5.3.3.1.1. By Value & Volume
5.3.3.2. Market Share & Forecast
5.3.3.2.1. By Chemistry
5.3.3.2.2. By End User
5.3.4. Japan Acrylate Market Outlook
5.3.4.1. Market Size & Forecast
5.3.4.1.1. By Value & Volume
5.3.4.2. Market Share & Forecast
5.3.4.2.1. By Chemistry
5.3.4.2.2. By End User
5.3.5. South Korea Acrylate Market Outlook
5.3.5.1. Market Size & Forecast
5.3.5.1.1. By Value & Volume
5.3.5.2. Market Share & Forecast
5.3.5.2.1. By Chemistry
5.3.5.2.2. By End User
6. Europe Acrylate Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Chemistry
6.2.2. By End User
6.2.3. By Country
6.3. Europe: Country Analysis
6.3.1. France Acrylate Market Outlook
6.3.1.1. Market Size & Forecast
6.3.1.1.1. By Value & Volume
6.3.1.2. Market Share & Forecast
6.3.1.2.1. By Chemistry
6.3.1.2.2. By End User
6.3.2. Germany Acrylate Market Outlook
6.3.2.1. Market Size & Forecast
6.3.2.1.1. By Value & Volume
6.3.2.2. Market Share & Forecast
6.3.2.2.1. By Chemistry
6.3.2.2.2. By End User
6.3.3. Spain Acrylate Market Outlook
6.3.3.1. Market Size & Forecast
6.3.3.1.1. By Value & Volume
6.3.3.2. Market Share & Forecast
6.3.3.2.1. By Chemistry
6.3.3.2.2. By End User
6.3.4. Italy Acrylate Market Outlook
6.3.4.1. Market Size & Forecast
6.3.4.1.1. By Value & Volume
6.3.4.2. Market Share & Forecast
6.3.4.2.1. By Chemistry
6.3.4.2.2. By End User
6.3.5. United Kingdom Acrylate Market Outlook
6.3.5.1. Market Size & Forecast
6.3.5.1.1. By Value & Volume
6.3.5.2. Market Share & Forecast
6.3.5.2.1. By Chemistry
6.3.5.2.2. By End User
7. North America Acrylate Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Chemistry
7.2.2. By End User
7.2.3. By Country
7.3. North America: Country Analysis
7.3.1. United States Acrylate Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value & Volume
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Chemistry
7.3.1.2.2. By End User
7.3.2. Mexico Acrylate Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value & Volume
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Chemistry
7.3.2.2.2. By End User
7.3.3. Canada Acrylate Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value & Volume
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Chemistry
7.3.3.2.2. By End User
8. South America Acrylate Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Chemistry
8.2.2. By End User
8.2.3. By Country
8.3. South America: Country Analysis
8.3.1. Brazil Acrylate Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value & Volume
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Chemistry
8.3.1.2.2. By End User
8.3.2. Argentina Acrylate Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value & Volume
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Chemistry
8.3.2.2.2. By End User
8.3.3. Colombia Acrylate Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value & Volume
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Chemistry
8.3.3.2.2. By End User
9. Middle East and Africa Acrylate Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Chemistry
9.2.2. By End User
9.2.3. By Country
9.3. MEA: Country Analysis
9.3.1. South Africa Acrylate Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value & Volume
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Chemistry
9.3.1.2.2. By End User
9.3.2. Saudi Arabia Acrylate Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value & Volume
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Chemistry
9.3.2.2.2. By End User
9.3.3. UAE Acrylate Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value & Volume
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Chemistry
9.3.3.2.2. By End User
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
11.1. Recent Developments
11.2. Product Launches
11.3. Mergers & Acquisitions
12. Global Acrylate Market: SWOT Analysis
13. Porter's Five Forces Analysis
13.1. Competition in the Industry
13.2. Potential of New Entrants
13.3. Power of Suppliers
13.4. Power of Customers
13.5. Threat of Substitute Product
14. Competitive Landscape
14.1. Arkema SA
14.1.1. Business Overview
14.1.2. Company Snapshot
14.1.3. Products & Services
14.1.4. Financials (In case of listed)
14.1.5. Recent Developments
14.1.6. SWOT Analysis
14.2. BASF SE
14.3. Evonik Industries AG
14.4. LG Chem Ltd.
14.5. SIBUR International GmbH
14.6. The DOW Chemical Company
14.7. Sasol Limited
14.8. Mitsubishi Chemical Corporation
14.9. Formosa Plastics Corporation
14.10. Nippon Shokubai Co., Ltd
15. Strategic Recommendations
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