PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719375
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719375
The U.S. crotonic acid market is projected to grow from USD 97.4 million in 2024 to USD 225.0 million by 2032, at a CAGR of 11.1%. This growth is driven by rising demand in industries such as adhesives, coatings, pharmaceuticals, and personal care, where crotonic acid-based copolymers enhance product performance. Increasing use in the automotive, construction, and packaging sectors is also fueling market expansion. Additionally, crotonic acid's bio-compatibility and effectiveness in various applications make it a key ingredient in the production of specialized chemicals.
Key Insights
Adhesive resins hold the largest market share (35%) and are the fastest-growing segment, driven by the increasing use of crotonic acid in high-performance adhesives for construction, automotive, and packaging.
Coatings are another major application, accounting for 30% of market share in 2024, with demand driven by the use of crotonic acid in high-performance paints and protective coatings.
The growing demand for crotonic acid-based copolymers in pharmaceuticals, such as in the production of crotamiton for treating scabies, is contributing to market growth.
The cosmetic industry's use of crotonic acid for skincare formulations is expanding, as it enhances ingredient penetration and moisture retention in anti-aging and moisturizing products.
The South region is expected to be the fastest-growing due to rising industrial demand and manufacturing activities in construction and automotive sectors.