The global market for Acrylates is estimated at US$11.2 Billion in 2023 and is projected to reach US$15.8 Billion by 2030, growing at a CAGR of 5.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the acrylates market is driven by several factors encompassing technological advancements, industry-specific demands, and evolving consumer preferences. One of the primary drivers is the increasing demand for high-performance adhesives and coatings in the automotive and construction industries, where acrylates provide superior durability and aesthetic appeal. Technological advancements, particularly in the development of UV-curable and bio-based acrylates, are expanding the application scope and driving market growth. The rising emphasis on sustainability and the need to comply with environmental regulations are propelling the adoption of low-VOC and eco-friendly acrylate formulations.
In the personal care and packaging industries, the growing consumer preference for high-quality and durable products is fueling demand for acrylates that offer excellent adhesion and quick curing properties. Additionally, the expansion of infrastructure projects and the rising investments in research and development for advanced acrylate formulations are further accelerating market growth. These factors collectively contribute to the robust growth trajectory of the acrylates market, making it a cornerstone of modern manufacturing.
The growth in the acrylates market is driven by several factors encompassing technological advancements, industry-specific demands, and evolving consumer preferences. One of the primary drivers is the increasing demand for high-performance adhesives and coatings in the automotive and construction industries, where acrylates provide superior durability and aesthetic appeal. Technological advancements, particularly in the development of UV-curable and bio-based acrylates, are expanding the application scope and driving market growth. The rising emphasis on sustainability and the need to comply with environmental regulations are propelling the adoption of low-VOC and eco-friendly acrylate formulations.
In the personal care and packaging industries, the growing consumer preference for high-quality and durable products is fueling demand for acrylates that offer excellent adhesion and quick curing properties. Additionally, the expansion of infrastructure projects and the rising investments in research and development for advanced acrylate formulations are further accelerating market growth. These factors collectively contribute to the robust growth trajectory of the acrylates market, making it a cornerstone of modern manufacturing.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Butyl Acrylate segment, which is expected to reach US$6.3 Billion by 2030 with a CAGR of a 5.4%. The Ethyl Acrylate segment is also set to grow at 4.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.0 Billion in 2023, and China, forecasted to grow at an impressive 7.6% CAGR to reach $3.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Acrylates Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Acrylates Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Acrylates Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Air Liquide SA, Arkema, BASF SE, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 38 Featured):
- Air Liquide SA
- Arkema
- BASF SE
- Dow, Inc.
- DuPont de Nemours, Inc.
- Evonik Industries AG
- Formosa Plastics Corporation
- Jiangsu Jurong Chemical Co., Ltd.
- LG Chem
- Loba Chemie Pvt.Ltd
- Merck KgaA
- Mitsubishi Chemical Corporation
- Nippon Shokubai Co., Ltd.
- Polysciences, Inc.
- Sahara PCC
- Sasol Ltd.
- Shanghai Huayi Acrylic Acid Co., Ltd.
- Shanghai Lang Chemical Co., Ltd
- Shenyang Chemical Co Ltd
- SIBUR Holding
- Synthomer Plc
- Taixing Jurong Chemical Co., Ltd.
- TCI America
- Toagosei Co., Ltd.
- Wanhua Chemical Group Co., Ltd
- Zhejiang Satellite Petrochemical Co., Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Air Liquide SA
- Arkema
- BASF SE
- Dow, Inc.
- DuPont de Nemours, Inc.
- Evonik Industries AG
- Formosa Plastics Corporation
- Jiangsu Jurong Chemical Co., Ltd.
- LG Chem
- Loba Chemie Pvt.Ltd
- Merck KgaA
- Mitsubishi Chemical Corporation
- Nippon Shokubai Co., Ltd.
- Polysciences, Inc.
- Sahara PCC
- Sasol Ltd.
- Shanghai Huayi Acrylic Acid Co., Ltd.
- Shanghai Lang Chemical Co., Ltd
- Shenyang Chemical Co Ltd
- SIBUR Holding
- Synthomer Plc
- Taixing Jurong Chemical Co., Ltd.
- TCI America
- Toagosei Co., Ltd.
- Wanhua Chemical Group Co., Ltd
- Zhejiang Satellite Petrochemical Co., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 192 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 11.2 Billion |
| Forecasted Market Value ( USD | $ 15.8 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 26 |
