Acrylate Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Chemistry, By End User, By Region & Competition, 2020-2030F

Description

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.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 11.25 Billion
Market Size 2030	USD 15.22 Billion
CAGR 2025-2030	5.12%
Fastest Growing Segment	Butyl Acrylate
Largest Market	Asia Pacific

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:

Butyl Acrylate
Ethyl Hexyl Acrylate
Methyl Acrylate
Ethyl Acrylate

Acrylate Market, By End User:

Packaging
Consumer Goods
Building & Construction
Textile
Automotive
Others

Acrylate Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
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:

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