The future of the global acrylate market looks promising with opportunities in the building & construction, packaging, consumer good, automotive, textile, biomedical, and cosmetic & personal care sectors. The global acrylate market is expected to reach an estimated $15.2 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are rise in modification of infrastructure activities and rising demand for water-based emulsion.
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Acrylate by Segment
The study includes a forecast for the global acrylate by type, application, end use industry, and region.
Acrylate Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Butyl Acrylate
Ethyl Acrylate
Methyl Acrylate
Others
Acrylate Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Paints and Coatings & Printing Inks
Plastics
Adhesives and Sealants
Fabrics
Others
Acrylate Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Building & Construction
Packaging
Consumer Goods
Biomedical
Automotive
Textiles
Cosmetic and Personal Care
Others
Acrylate Market by Region [Shipment Analysis by Value from 2018 to 2030]:
North America
Europe
Asia Pacific
The Rest of the World
List of Acrylate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies acrylate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the acrylate companies profiled in this report include-
Arkema
BASF SE
Dow
Nippon Shokubai
Evonik
Acrylate Market Insights
Lucintel forecasts that butyl acrylate will remain the largest segment over the forecast period due to its rising application in cleaning agents, antioxidants, surfactants, aqueous resins, and elastomers.
Within this market, packaging will remain the largest segment over the forecast period.
APAC is expected to witness highest growth over the forecast period due to rapid industrialization and urbanization, rising population's disposable income, and presence of key players in the region.
Features of the Global Acrylate Market
Market Size Estimates: Acrylate market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Acrylate market size by type, application, end use industry, and region in terms of value ($B).
Regional Analysis: Acrylate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end use industries, and regions for the acrylate market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the acrylate market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the acrylate market size?
Answer: The global acrylate market is expected to reach an estimated $15.2 billion by 2030.
Q2. What is the growth forecast for acrylate market?
Answer: The global acrylate market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the acrylate market?
Answer: The major drivers for this market are rise in modification of infrastructure activities and rising demand for water-based emulsion.
Q4. What are the major segments for acrylate market?
Answer: The future of the acrylate market looks promising with opportunities in the building & construction, packaging, consumer good, automotive, textile, biomedical, and cosmetic & personal care sectors.
Q5. Who are the key acrylate market companies?
Answer: Some of the key acrylate companies are as follows.
Arkema
BASF SE
Dow
Nippon Shokubai
Evonik
Q6. Which acrylate market segment will be the largest in future?
Answer: Lucintel forecasts that butyl acrylate will remain the largest segment over the forecast period due to its rising application in cleaning agents, antioxidants, surfactants, aqueous resins, and elastomers.
Q7. In acrylate market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid industrialization and urbanization, rising population's disposable income, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the acrylate market by type (butyl acrylate, ethyl acrylate, methyl acrylate, and others), application (paints and coatings & printing inks, plastics, adhesives and sealants, fabrics, and others), end use industry (building & construction, packaging, consumer goods, biomedical, automotive, textiles, cosmetic and personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Table of Contents
1. Executive Summary
2. Global Acrylate Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Acrylate Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Acrylate Market by Type
3.3.1: Butyl Acrylate
3.3.2: Ethyl Acrylate
3.3.3: Methyl Acrylate
3.3.4: Others
3.4: Global Acrylate Market by Application
3.4.1: Paints and Coatings & Printing Inks
3.4.2: Plastics
3.4.3: Adhesives and Sealants
3.4.4: Fabrics
3.4.5: Others
3.5: Global Acrylate Market by End Use Industry
3.5.1: Building & Construction
3.5.2: Packaging
3.5.3: Consumer Goods
3.5.4: Biomedical
3.5.5: Automotive
3.5.6: Textiles
3.5.7: Cosmetic and Personal Care
3.5.8: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Acrylate Market by Region
4.2: North American Acrylate Market
4.2.2: North American Acrylate Market by End Use Industry: Building & Construction, Packaging, Consumer Goods, Biomedical, Automotive, Textiles, Cosmetic and Personal Care, and Others
4.3: European Acrylate Market
4.3.1: European Acrylate Market by Type: Butyl Acrylate, Ethyl Acrylate, Methyl Acrylate, and Others
4.3.2: European Acrylate Market by End Use Industry: Building & Construction, Packaging, Consumer Goods, Biomedical, Automotive, Textiles, Cosmetic and Personal Care, and Others
4.4: APAC Acrylate Market
4.4.1: APAC Acrylate Market by Type: Butyl Acrylate, Ethyl Acrylate, Methyl Acrylate, and Others
4.4.2: APAC Acrylate Market by End Use Industry: Building & Construction, Packaging, Consumer Goods, Biomedical, Automotive, Textiles, Cosmetic and Personal Care, and Others
4.5: ROW Acrylate Market
4.5.1: ROW Acrylate Market by Type: Butyl Acrylate, Ethyl Acrylate, Methyl Acrylate, and Others
4.5.2: ROW Acrylate Market by End Use Industry: Building & Construction, Packaging, Consumer Goods, Biomedical, Automotive, Textiles, Cosmetic and Personal Care, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter's Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Acrylate Market by Type
6.1.2: Growth Opportunities for the Global Acrylate Market by Application
6.1.3: Growth Opportunities for the Global Acrylate Market by End Use Industry
6.1.4: Growth Opportunities for the Global Acrylate Market by Region
6.2: Emerging Trends in the Global Acrylate Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Acrylate Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Acrylate Market