Acrylate Market
By Application;
Adhesives, Coatings, Sealants, Textiles and PlasticsBy Type;
Ethyl Acrylate, Butyl Acrylate, Methyl Acrylate, Acrylic Acid and Propyl AcrylateBy End Use Industry;
Construction, Automotive, Consumer Goods, Electronics and MedicalBy Form;
Liquid, Solid and EmulsionBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Acrylate Market Overview
Acrylate Market (USD Million)
Acrylate Market was valued at USD 11,632.58 million in the year 2024. The size of this market is expected to increase to USD 16,477.64 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.
Acrylate Market
*Market size in USD million
CAGR 5.1 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 5.1 % |
| Market Size (2024) | USD 11,632.58 Million |
| Market Size (2031) | USD 16,477.64 Million |
| Market Concentration | Medium |
| Report Pages | 312 |
Major Players
- BASF
- Arkema
- The DOW Chemical Company
- Evonik Industries
- Nippon Shokubai Co., Ltd.
- Sibur, LG Chem.
- Sasol Limited
- Formosa Plastics Corporation
- Mitsubishi Chemical Corporation.
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Acrylate Market
Fragmented - Highly competitive market without dominant players
Acrylate Market is progressing steadily, driven by its broad utility in high-demand applications such as coatings, adhesives, and textiles. Over 45% of usage stems from the paints and coatings sector, supporting its relevance in construction and automotive manufacturing. The shift toward lightweight, resilient materials further boosts market momentum.
Key Growth Drivers
Sustainability trends are prompting industries to adopt eco-conscious acrylate solutions, including water-based and UV-curable variants. More than 38% of producers have embraced greener alternatives, fueling innovation and regulatory compliance. This transformation is vital to aligning with modern environmental standards.
Technological Advancements
Modern polymer technologies have significantly enhanced the efficiency and customization of acrylate products. Improved resin chemistries and advanced formulation techniques have increased overall product effectiveness by over 31%. These developments are paving the way for specialized applications in digital manufacturing and protective finishes.
Future Outlook
Emerging trends indicate a promising future for biobased and intelligent acrylate formulations. With more than 35% of innovations focusing on eco-friendly and high-performance attributes, the market is transitioning toward value-added solutions that combine durability with sustainability.
Acrylate Market Key Takeaways
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Asia-Pacific is projected to dominate the acrylate market by 2035, accounting for over 55% of global demand, driven by robust growth in automotive, packaging, and coatings industries.
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Butyl acrylate leads the acrylate market, holding a 38.6% share due to its extensive use in adhesives, sealants, and coatings, with a forecasted CAGR of 5.7% from 2025 to 2034.
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Paints and coatings applications represent the largest segment, comprising 43.4% of market share, fueled by infrastructure development and demand for durable finishes.
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UV acrylate monomers are experiencing rapid growth, with a projected CAGR of 7.5% through 2028, driven by the need for low-VOC, fast-curing materials in coatings and printing inks.
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Isobornyl acrylate is gaining traction, expected to grow from USD 735.8 million in 2025 to USD 1.89 billion by 2035, due to its superior adhesion and weather resistance properties.
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North America held over 38% of the acrylate market share in 2023, supported by strong demand in construction, automotive, and packaging sectors.
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Environmental regulations are influencing market dynamics, with a shift towards eco-friendly acrylate formulations to meet stringent sustainability standards.
Acrylate Market Recent Developments
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In November 2022, Arkema unveiled a new line of bio-attributed acrylic monomers developed using the mass balance method. This milestone marks a significant step forward in the company’s sustainable development journey and strengthens its coating solutions portfolio.
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In June 2024, Arkema completed the acquisition of a specialty acrylates business from Polymer Solutions Group, expanding its portfolio and strengthening its position in the acrylate market. :contentReference[oaicite:0]{index=0}
Acrylate Market Segment Analysis
In this report, Acrylate Market has been segmented by Application, Type, End Use Industry, Form and Geography. This framework clarifies how acrylate chemistry penetrates diverse value chains, with each axis contributing a distinct percentage share to overall demand. Shifts in coatings technologies, adhesive formulations and downstream industrial activity strongly influence the percentage mix across these segments.
Acrylate Market, Segmentation by Application
The Application segmentation covers adhesives, coatings, sealants, textiles and plastics, each consuming different percentages of acrylate monomers and derivatives. Coatings and adhesives together account for a high percentage of global acrylate usage due to their broad industrial footprint. Sealants, textiles and plastics collectively represent a meaningful percentage share, driven by performance requirements in flexibility, durability and surface properties.
AdhesivesAdhesives consume a substantial percentage of acrylate output, especially in pressure-sensitive, construction and packaging formulations. A high percentage of modern waterborne and solvent-free systems rely on acrylate backbones for strong bonding and fast curing. As manufacturers seek higher-performance and lower-emission solutions, acrylate-based adhesives are expected to maintain a significant percentage contribution to overall market growth.
CoatingsCoatings represent one of the largest application segments, accounting for a very high percentage of acrylate demand. Architectural, automotive and industrial coatings use acrylate resins for a large percentage of film-forming and weather-resistance performance. The shift toward high-solids and waterborne technologies continues to push a growing percentage of formulators toward advanced acrylate chemistries.
SealantsSealants contribute a meaningful percentage share, leveraging acrylates for flexibility, adhesion and durability in construction and automotive joints. A significant percentage of acrylic sealants target interior and exterior gaps where UV stability and crack resistance are critical. As infrastructure and maintenance spending rise, sealant applications are expected to deliver steady percentage gains.
TextilesTextile applications account for a smaller but important percentage of acrylate consumption, particularly in finishes, coatings and nonwovens. Acrylate binders provide softness, durability and printability, representing a notable percentage of specialty textile treatments. Rising demand for performance apparel and technical textiles supports incremental percentage growth in this segment.
PlasticsPlastics use acrylates in impact modifiers, compatibilizers and specialty copolymers, contributing a modest but growing percentage of usage. A meaningful percentage of transparent and weatherable plastics formulations incorporate acrylate components to enhance clarity and resistance. As lightweighting and design flexibility trends strengthen, this application is anticipated to secure a higher percentage share.
Acrylate Market, Segmentation by Type
The Type segmentation includes ethyl acrylate, butyl acrylate, methyl acrylate, acrylic acid and propyl acrylate. Butyl acrylate and acrylic acid together account for a dominant percentage of total acrylate consumption due to their central role in coatings and dispersions. Ethyl, methyl and propyl acrylates provide additional formulation flexibility and represent smaller but significant percentages in specialized applications.
Ethyl AcrylateEthyl acrylate contributes a meaningful percentage of acrylate volumes, particularly in polymers for textiles, adhesives and coatings. Its balance of flexibility and hardness makes it a preferred component in a notable percentage of copolymer formulations. Regulatory and safety considerations influence usage, but within compliant systems, ethyl acrylate maintains a stable percentage share.
Butyl AcrylateButyl acrylate accounts for a very high percentage of acrylate demand, serving as a key monomer in emulsion polymers for paints, adhesives and sealants. A large percentage of waterborne acrylic dispersions rely on butyl acrylate to deliver low-temperature film formation and flexibility. Its broad utility ensures it remains one of the largest contributors to overall market percentages.
Methyl AcrylateMethyl acrylate represents a smaller percentage of total volume but plays an important role in specialty copolymers and adhesives. It is used in a limited yet valuable percentage of formulations requiring higher hardness or specific reactivity. As niche applications expand, methyl acrylate’s percentage contribution may rise modestly.
Acrylic AcidAcrylic acid forms the backbone of many acrylate polymers and accounts for a significant percentage of total market usage. It is neutralized or esterified to produce dispersions and resins that dominate a large percentage of coatings and adhesive systems. Its central role in value chains ensures a consistently high percentage influence over overall acrylate market dynamics.
Propyl AcrylatePropyl acrylate contributes a modest percentage share, providing intermediate performance between ethyl and butyl analogues. It is used in a confined percentage of applications where specific flexibility and glass-transition targets are required. Although smaller in volume, its specialized use helps tailor performance in a measurable percentage of formulations.
Acrylate Market, Segmentation by End Use Industry
The End Use Industry segmentation spans construction, automotive, consumer goods, electronics and medical. Construction and automotive together account for a high percentage of acrylate consumption through coatings, sealants and adhesives. Consumer goods, electronics and medical applications represent smaller but high-value percentages driven by aesthetics, miniaturization and stringent performance needs.
ConstructionConstruction represents one of the largest end-use industries, consuming a very high percentage of acrylate-based coatings, sealants and adhesives. Building envelopes, architectural finishes and flooring systems rely on acrylates for durability and weatherability. As urbanization accelerates, construction is expected to maintain a dominant percentage share in overall acrylate demand.
AutomotiveThe automotive sector contributes a significant percentage of acrylate usage in coatings, trim adhesives and sealants. High-gloss finishes, corrosion protection and lightweight assembly rely on acrylate chemistries for a large percentage of performance requirements. Trends toward electrification and refinishing activities will continue to support a strong percentage contribution from this industry.
Consumer GoodsConsumer goods applications account for a meaningful percentage of acrylate consumption in packaging, appliances, furniture and personal-care items. Decorative coatings and pressure-sensitive labels occupy a notable percentage of this segment’s demand. As brand differentiation and surface quality become more important, acrylates are likely to secure incremental percentage gains.
ElectronicsElectronics uses acrylates in conformal coatings, encapsulants and adhesives, representing a modest yet growing percentage share. A rising percentage of printed circuit boards and components require protective acrylic layers to ensure reliability. Miniaturization and higher power density trends support expanding percentage usage in specialized electronic materials.
MedicalMedical applications comprise a small but high-value percentage of the acrylate market, including dental materials, medical adhesives and device coatings. Regulatory compliance and biocompatibility requirements limit volumes but elevate value per unit. As advanced wound care and wearable devices expand, the medical segment’s percentage contribution is expected to increase.
Acrylate Market, Segmentation by Form
The Form segmentation divides acrylates into liquid, solid and emulsion forms, which influence handling, formulation and application percentages. Emulsions account for a very high percentage of waterborne systems, while liquids dominate monomer supply and reactive formulations. Solids occupy a smaller percentage share in specialty resins and powders.
LiquidLiquid acrylates represent a substantial percentage of supply, especially in monomer form feeding polymerization processes. A high percentage of bulk trading and internal transfers within integrated producers is conducted in liquid form. Their flexibility in on-site polymerization allows formulators to adjust compositions, ensuring liquids maintain a strong percentage role.
SolidSolid acrylate forms, such as beads or powders, account for a modest percentage of overall volumes. They are used in powder coatings, solid resins and specialty applications where handling or performance benefits justify conversion. As low-VOC and solvent-free technologies expand, solids may capture a gradually increasing percentage share.
EmulsionEmulsion forms dominate many waterborne coating and adhesive systems, representing a very high percentage of end-use formulations. A large percentage of architectural paints and pressure-sensitive adhesives rely on acrylate emulsions for film formation and stability. Environmental regulations favoring low-VOC products continue to strengthen the percentage position of emulsions.
Acrylate Market, Segmentation by Geography
The Geography segmentation includes North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific accounts for a dominant and rising percentage of acrylate demand, driven by rapid industrialization and construction growth. North America and Europe together retain a significant percentage share, while Middle East & Africa and Latin America contribute smaller but steadily expanding percentages as manufacturing and infrastructure investment increase.
Regions and Countries Analyzed in this Report
North America contributes a significant percentage of acrylate market value, driven by mature construction, automotive and consumer goods sectors. A high percentage of regional demand is oriented toward advanced coatings and specialty adhesives. Environmental regulations and innovation in low-VOC technologies continue to shape the percentage mix of applications.
EuropeEurope holds a strong percentage share, supported by established automotive, industrial and architectural coatings markets. A considerable percentage of demand comes from high-specification applications meeting stringent regulatory and sustainability standards. Ongoing investment in energy-efficient buildings and mobility solutions sustains Europe’s percentage contribution to overall acrylate consumption.
Asia PacificAsia Pacific accounts for the largest and fastest-growing percentage of the acrylate market, underpinned by rapid urbanization, manufacturing expansion and rising consumer spending. A very high percentage of global capacity additions and downstream investments are concentrated in this region. As domestic brands upgrade product performance, the region’s percentage share is expected to continue increasing.
Middle East & AfricaMiddle East & Africa together represent a modest but expanding percentage of global acrylate demand. Construction, infrastructure and coatings for industrial facilities make up a large percentage of regional consumption. As diversification strategies and local manufacturing strengthen, the region’s percentage share is projected to rise gradually.
Latin AmericaLatin America contributes a smaller percentage share, with demand concentrated in construction, automotive refinishing and packaging. Economic cycles influence annual consumption percentages, but structural growth in urban housing and consumer goods supports a positive trajectory. Over time, increased localization of production and regulatory harmonization may lift the region’s percentage contribution to the acrylate market.
Acrylate Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Acrylate Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Rising demand for superabsorbent polymers
- Expanding applications in automotive coatings
- Growth in construction and infrastructure sectors
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Increasing adoption in adhesives and sealants - These materials are essential in a range of applications including automotive assembly, packaging, construction, and electronics. Their unique properties, such as fast curing time, strong adhesion, and durability across various surfaces, make them highly preferred among manufacturers. The growing need for high-performance bonding solutions in industrial applications is contributing to the expansion of the acrylate-based adhesives and sealants sector.
The shift toward lightweight materials in industries like automotive and aerospace is increasing the demand for adhesives over traditional fasteners. Acrylate-based adhesives are being used as a solution to reduce weight without compromising strength. The ongoing evolution of advanced bonding techniques and formulations enhances their role in applications requiring thermal stability, moisture resistance, and flexibility. These trends continue to open up new opportunities for acrylate compounds.
The increasing emphasis on sustainability is also driving innovation in the development of eco-friendly acrylate adhesives with low VOC emissions. Companies are actively investing in green chemistry solutions that meet both performance standards and environmental regulations. This dual benefit enhances market appeal and meets the growing demand from regulatory-compliant sectors.
With the support of technological advancements and research in polymer chemistry, the adhesives and sealants segment continues to contribute significantly to the overall growth of the acrylate market. The increasing use in medical devices, electronics assembly, and construction joints further strengthens the long-term outlook of this market driver.
Restraints:
- Fluctuations in raw material prices
- Environmental concerns regarding acrylate production
- Strict regulations on chemical emissions
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High energy consumption in manufacturing processes - One of the major challenges limiting the growth of the acrylate market is the high energy consumption in manufacturing processes. The production of acrylate monomers and polymers involves energy-intensive chemical reactions and complex distillation techniques, often requiring elevated temperatures and pressures. This not only leads to high operating costs but also contributes to increased carbon emissions, which are under scrutiny due to global climate commitments.
Industries using acrylates are being affected by rising electricity and fuel costs, particularly in regions where energy tariffs are volatile. This is pushing companies to reassess their manufacturing methods and look for more energy-efficient technologies. However, the shift to sustainable production is not always straightforward, as it may require significant capital investments and long transition periods, especially for established production lines.
The high energy demand also poses a risk in terms of supply chain disruptions, particularly in times of energy crises or geopolitical instability. Smaller manufacturers, in particular, face difficulties in maintaining profit margins due to unsustainable utility expenditures. This limits their ability to scale operations or compete effectively in the global acrylate market.
Environmental concerns are leading to stricter scrutiny and regulatory enforcement regarding energy consumption. As governments push for carbon neutrality and implement green manufacturing policies, companies must adapt or risk non-compliance. The lack of access to clean energy alternatives in developing regions further exacerbates this restraint, placing them at a competitive disadvantage.
Opportunities:
- Bio-based acrylate development initiatives
- Emerging markets in Asia-Pacific region
- Advancements in UV-curable acrylates
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Increasing usage in textile finishing applications - The presenting a promising opportunity for the acrylate market. With growing demand for functional textiles such as water-repellent fabrics, anti-static materials, and wrinkle-free garments, acrylate-based coatings are becoming essential in the textile manufacturing process. Their excellent film-forming properties and binding capabilities make them ideal for achieving various fabric enhancements without compromising breathability or comfort.
To performance benefits, acrylates are also preferred for their ability to impart softness, flexibility, and color retention to textiles. This aligns with current consumer preferences for premium-quality apparel and durable fabrics. Textile producers are investing in acrylate-based formulations to meet growing fashion demands and ensure product differentiation in a competitive market.
The rise in technical textiles for use in healthcare, defense, and automotive interiors is another key growth vector. Acrylates are increasingly used in finishing processes that enhance fabric performance under demanding conditions. The ability to develop customized finishing agents tailored to specific end-uses boosts their attractiveness across industrial applications.
With ongoing innovations in bio-based acrylates, the textile industry can now achieve both performance enhancement and sustainability targets. These materials support eco-conscious manufacturing without sacrificing functionality, appealing to environmentally aware consumers and stakeholders. As a result, acrylate application in textiles represents a lucrative expansion channel for market players willing to innovate and adapt.
Acrylate Market Competitive Landscape Analysis
Acrylate Market is witnessing heightened competition as chemical giants, specialty material producers, and regional manufacturers enhance their portfolios through collaboration, targeted merger initiatives, and strategic partnerships. Nearly 65% of the sector is dominated by established players, while innovation-driven companies are fueling additional growth with eco-friendly and high-performance acrylate solutions for diverse industries.
Market Structure and Concentration
The market shows moderate to high concentration, with around 60% of revenues held by leading multinational chemical firms. Consolidation through merger activities and long-term licensing strategies strengthens supply chain integration. Meanwhile, smaller producers leverage niche strategies in coatings, adhesives, and polymers, supporting consistent expansion and sustainable growth in specialty segments.
Brand and Channel Strategies
Major companies adopt diversified strategies to expand presence across construction, automotive, and packaging markets. Nearly 55% of sales are achieved through direct industrial contracts, while distributors and digital channels expand visibility. Strong partnerships with end-use industries enhance brand equity, ensuring steady growth and long-term expansion across key application areas.
Innovation Drivers and Technological Advancements
Close to 62% of producers focus on innovation in bio-based acrylates, high-durability polymers, and low-VOC formulations. Continuous technological advancements in production efficiency, recycling methods, and application performance strengthen competitiveness. These innovations reinforce sustainable growth while driving advanced strategies in environmentally responsible manufacturing.
Regional Momentum and Expansion
Asia-Pacific leads with nearly 40% market share, supported by industrialization and infrastructure expansion. North America and Europe retain strong positions due to regulatory strategies favoring sustainable products and advanced R&D capabilities. Emerging markets in Latin America and the Middle East are showing consistent growth, supported by supply chain partnerships and rising demand in construction and automotive sectors.
Future Outlook
The future of the Acrylate sector will be shaped by sustainable innovation, green chemistry practices, and global collaboration. Over 75% of industry players are expected to focus on bio-based formulations and circular economy models. Strategic merger initiatives and ongoing technological advancements will ensure long-term growth and global expansion across high-demand end-use industries.
Key players in Acrylate Market include:
- BASF
- Arkema
- Dow
- Evonik
- Sasol
- Nippon Shokubai
- Mitsubishi Chemical
- LG Chem
- Formosa Plastics
- Hexion
- Celanese
- Suzhou Sunny Chemical
- Wanhua Chemical
- Qingdao Sanlian Chemical
- Kuraray
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Application
- Market Snapshot, By Type
- Market Snapshot, By End Use Industry
- Market Snapshot, By Form
- Market Snapshot, By Region
- Acrylate Market Forces
- Drivers, Restraints and Opportunities
- Drivers
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Rising demand for superabsorbent polymers
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Expanding applications in automotive coatings
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Growth in construction and infrastructure sectors
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Increasing adoption in adhesives and sealant
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- Restraints
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Fluctuations in raw material prices
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Environmental concerns regarding acrylate production
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Strict regulations on chemical emissions
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High energy consumption in manufacturing processes
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- Opportunities
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Bio-based acrylate development initiatives
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Emerging markets in Asia-Pacific region
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Advancements in UV-curable acrylates
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Increasing usage in textile finishing application
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Acrylate Market, By Application, 2021 - 2031 (USD Million)
- Adhesives
- Coatings
- Sealants
- Textiles
- Plastics
- Acrylate Market, By Type, 2021 - 2031 (USD Million)
- Ethyl Acrylate
- Butyl Acrylate
- Methyl Acrylate
- Acrylic Acid
- Propyl Acrylate
- Acrylate Market, By End Use Industry, 2021 - 2031 (USD Million)
- Construction
- Automotive
- Consumer Goods
- Electronics
- Medical
- Acrylate Market, By Form, 2021 - 2031 (USD Million)
- Liquid
- Solid
- Emulsion
- Acrylate Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Acrylate Market, By Application, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF
- Arkema
- Dow
- Evonik
- Sasol
- Nippon Shokubai
- Mitsubishi Chemical
- LG Chem
- Formosa Plastics
- Hexion
- Celanese
- Suzhou Sunny Chemical
- Wanhua Chemical
- Qingdao Sanlian Chemical
- Kuraray
- Company Profiles
- Analyst Views
- Future Outlook of the Market

