Acrylic Rubber Market Report 2025

The acrylic rubber market size has grown strongly in recent years. It will grow from $1.63 billion in 2024 to $1.76 billion in 2025 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to automotive industry adoption, construction sector utilization, environmental regulations, electronics and electrical applications, healthcare industry applications.

The acrylic rubber market size is expected to see strong growth in the next few years. It will grow to $2.41 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to global industrial growth, adoption in energy-efficient systems, consumer goods market growth, aerospace and aviation expansion, demand in healthcare equipment. Major trends in the forecast period include demand for high-performance materials, automotive industry growth, environmental regulations, expansion in construction sector, electronics and electrical applications.

The growth of the acrylic rubber market is expected to be driven by the rising production of automobiles. Automobiles encompass self-propelled motor vehicles, including cars, trucks, motorcycles, and others, designed for road transport. Automotive production involves converting raw materials into motor vehicles and their components. Acrylic rubber products are commonly utilized in various automotive components, such as transmissions, bearing seals, and O-rings, due to their resistance to heat and oil. Consequently, the increasing production of automobiles is boosting the demand for acrylic rubber products. For example, in May 2023, the European Automobile Manufacturers Association, based in Belgium, reported that 85.4 million motor vehicles were produced globally in 2022, marking a 5.7% increase compared to 2021. Therefore, the surge in automobile production is contributing to the growth of the acrylic rubber market.

The expanding construction industry is anticipated to drive the growth of the acrylic rubber market in the coming years. The construction industry encompasses the manufacturing and trade sector focused on building, maintaining, and repairing infrastructure. Acrylic rubbers are utilized within this industry to provide weather-resistant protection for roofs and to seal joints and gaps in buildings and other structures. For instance, in June 2024, TST Europe AG, a Switzerland-based manufacturer of quick-connect couplings, reported that total construction spending reached $1.98 trillion in 2023, reflecting a 7.4% increase from the previous year. Thus, the growth of the construction industry is significantly contributing to the demand for acrylic rubber products.

The acrylic rubber market is witnessing a prominent trend towards product innovations, with major companies actively introducing novel products to enhance their market standing. Notably, in September 2023, BASF SE, a Germany-based chemical manufacturer, unveiled 2-Octyl Acrylate (2-OA), a bio-based acrylic monomer. This innovative product is derived from 2-Octanol, a bio-based feedstock obtained from castor oil, providing a renewable and sustainable alternative to conventional fossil-based resources. BASF's 2-OA is certified with 73% 14C-traceable bio-based content, aligning with the ISO 16620 standard.

Companies at the forefront of the acrylic rubber market are placing a strong emphasis on collaboration and partnerships to deliver reliable services to their customers. Strategic partnerships, characterized by structured affiliations established through business agreements or contracts, are a key focus. For example, in October 2023, Mitsubishi Chemical Group Corporation, a Japan-based provider of solutions for performance products, industrial materials, and healthcare, collaborated with Honda Motor Co Ltd., a Japanese manufacturer of motorcycles, automobiles, and power equipment. Together, they developed PMMA (polymethyl methacrylate) with enhanced impact resistance for car bodies by compounding acrylic resin with rubber particles. This innovative material has the potential to revolutionize the automotive industry, offering several advantages over traditional steel and aluminum.

In August 2024, Trelleborg AB, a Sweden-based engineering company, acquired Baron Group for $300 million. This acquisition is intended to enhance Trelleborg's standing as a global partner in the medical technology sector by expanding its manufacturing capacity and expertise in advanced precision silicone components. Baron Group, based in Australia, specializes in the production of these advanced precision silicone components.

Major companies operating in the acrylic rubber market include DuPont de Nemours Inc., PAR Group Ltd., Ames Rubber Manufacturing Co. Inc., Apcotex Industries Ltd., Anabond Limited, Hanna Rubber Company, ZEON Corporation, Nok Corporation, Fostek Corporation, Jet Rubber Company, Synthos SA, Vanderbilt Chemicals LLC, Canada Silicone Inc., Elder Rubber Company, Unimatec Chemicals, Changzhou Haiba, Suining Qinglong, Hi-Tech Polymers, Mitsubishi Chemical, Chongqing Jianfeng, Sumitomo Chemical, Kivi Markings, Sreeji Trading Company, Harboro Rubber, Tiger Rubber Company, Toyo Soda Manufacturing, Formosa Chemical & Fibre Corporation, Shin-Etsu Chemical Co. Ltd., Dow Chemical, Eastman Chemical Company.

Asia-Pacific was the largest region in the acrylic rubber market in 2024. The regions covered in the acrylic rubber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the acrylic rubber market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Acrylic rubber, a synthetic rubber containing acrylonitrile, exhibits exceptional resistance to high temperatures, oil, and oxidation. It finds widespread use in applications requiring resilience to elevated temperatures and exposure to chemicals.

The primary categories of acrylic rubbers encompass active chlorine acrylate rubber, carboxyl-type acrylate rubber, dienes acrylate rubber, and epoxy acrylate rubber. Active chlorine acrylate rubber is a synthetic rubber derived from the chlorination of acrylate polymers. These rubbers are produced through various manufacturing processes such as compression molding, transfer molding, injection molding, among others. They are utilized across diverse applications, including textiles, adhesives, gaskets, coatings, plastics, and more. Industries benefiting from acrylic rubber applications include automotive, chemical, electrical and electronics, oil and gas, aerospace, manufacturing, textiles, marine, and others.

The acrylic rubber market research report is one of a series of new reports that provides acrylic rubber market statistics, including acrylic rubber industry global market size, regional shares, competitors with a acrylic rubber market share, detailed acrylic rubber market segments, market trends and opportunities, and any further data you may need to thrive in the acrylic rubber industry. This acrylic rubber market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The acrylic rubber market consists of sales of butyl rubber, carboxyl nitrile rubber, fluorocarbon rubber, and neoprene rubber. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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