Global Acrylate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Chemistry;
Butyl Acrylate, 2-Ethyl Hexyl Acrylate, Methyl Acrylate, and Ethyl AcrylateBy Foam;
Liquid, Solid, and EmulsionBy Application;
Paints & Coatings, Plastics, Fabrics, Adhesives & Sealants, and OthersBy End-Use;
Packaging, Consumer Goods, Building & Construction, Textiles, Automotive, and OthersBy 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%.
Global Acrylate Market Growth, Share, Size, Trends and Forecast
*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
Global Acrylate Market
Fragmented - Highly competitive market without dominant players
The 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 Recent Developments
- In November 2022, Arkema S.A. unveiled a line of bio-attributed acrylic monomers through the mass balance method, marking a significant milestone in the company's sustainable development journey and its coating solutions segment.
Acrylate Market Segment Analysis
In this report, the Acrylate Market has been segmented by Chemistry, Form, Application, End-Use, and Geography.
Acrylate Market, Segmentation by Chemistry
The Acrylate Market has been segmented by Chemistry into Butyl Acrylate, 2-Ethyl Hexyl Acrylate, Methyl Acrylate, and Ethyl Acrylate.
Butyl Acrylate
Butyl acrylate leads the acrylate market, holding approximately 45% of total revenue. Its versatility, excellent adhesion properties, and weather resistance make it widely used in paints, coatings, and adhesives.
2-Ethyl Hexyl Acrylate
2-Ethyl hexyl acrylate accounts for nearly 30% of the market. Its flexibility and low glass transition temperature make it ideal for use in sealants, pressure-sensitive adhesives, and textile applications.
Methyl Acrylate
Methyl acrylate contributes approximately 15% of market share. Known for its fast drying and hard finish properties, it is commonly used in automotive coatings and thermoplastics.
Ethyl Acrylate
Ethyl acrylate holds the remaining 10% of the market. Its strong adhesion and toughness make it a popular choice in textiles, plastics, and latex formulations for various end-use applications.
Acrylate Market, Segmentation by Form
The Acrylate Market has been segmented by Form into Liquid, Solid and Emulsion.
Liquid
Liquid form leads the acrylate market, holding approximately 50% of total consumption. Its versatility and ease of application make it widely used in coatings, adhesives, and sealants across multiple industries.
Solid
Solid form accounts for around 30% of the market. This form is favored in powder coatings and plastics where thermal stability and high durability are essential.
Emulsion
Emulsion-based acrylates represent approximately 20% of the market. Known for their eco-friendly and low-VOC properties, emulsions are commonly used in paints, coatings, and textile applications.
Acrylate Market, Segmentation by Application
The Acrylate Market has been segmented by Application into Paints & Coatings, Plastics, Fabrics, Adhesives & Sealants, and Others.
Paints & Coatings
Paints and coatings dominate the acrylate market, holding approximately 40% of total consumption. Acrylates provide excellent adhesion, UV resistance, and durability for use in architectural and industrial applications.
Plastics
Plastics account for around 20% of the market. Acrylates are used to enhance impact resistance, flexibility, and clarity in polymer blends and plastic products.
Fabrics
Fabrics represent approximately 15% of market share. Acrylates contribute to softness, wrinkle resistance, and durability in textile finishes and non-woven materials.
Adhesives & Sealants
Adhesives and sealants make up about 20% of the market. Acrylates are prized for their strong bonding capabilities, chemical resistance, and fast curing times, making them suitable for construction, automotive, and electronic applications.
Others
The others category, which includes applications such as printing inks and paper coatings, holds the remaining 5% of the market. These sectors use acrylates for their versatile performance and specialized functionalities.
Acrylate Market, Segmentation by End-Use
The Acrylate Market has been segmented by End-Use into Packaging, Consumer Goods, Building & Construction, Textiles, Automotive, and Others.
Packaging
Packaging accounts for approximately 25% of the acrylate market. Acrylates are used in adhesive labels, sealants, and flexible packaging films for their durability and clarity.
Consumer Goods
Consumer goods represent around 20% of market share. Acrylates enhance the appearance and performance of products such as personal care packaging, household items, and decorative coatings.
Building & Construction
Building and construction contribute about 20% of the market. Acrylates provide adhesion, weather resistance, and UV protection in applications like sealants, adhesives, and coatings.
Textiles
Textiles hold approximately 15% of market demand. Acrylates improve durability, softness, and colorfastness in fabrics and non-woven materials.
Automotive
Automotive applications represent about 15% of the market. Acrylates are used in interior coatings, sealants, and adhesives for their thermal resistance and durability.
Others
The others category, which includes sectors like electronics and paper coatings, holds the remaining 5% of the market. Acrylates are valued for their versatility and specialized performance in these applications.
Acrylate Market, Segmentation by Geography
In this report, the Acrylate Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Acrylate Market Share (%), by Geographical Region
North America
North America accounts for approximately 30% of the acrylate market. The region benefits from strong demand in packaging, automotive, and construction sectors, driven by advanced manufacturing infrastructure and technological innovations.
Europe
Europe represents around 25% of the global market share. With a focus on sustainability and eco-friendly solutions, the region supports the adoption of acrylate-based products in coatings, textiles, and consumer goods.
Asia Pacific
Asia Pacific leads the global market, contributing nearly 35% of total revenue. Rapid industrialization, urbanization, and rising demand for high-performance materials in countries such as China, India, and Japan fuel significant growth.
Middle East and Africa
Middle East and Africa account for about 5% of the market. The region’s expanding construction and packaging industries drive demand for acrylate products with high durability and weather resistance.
Latin America
Latin America holds the remaining 5% of market share. Growth is driven by increasing investments in infrastructure, packaging solutions, and consumer goods manufacturing, fueling the demand for acrylate-based products.
Acrylate Market Trends
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
-
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
-
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
-
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
Key players in Acrylate Market include;
- BASF SE
- Arkema
- Dow Inc.
- Nippon Shokubai Co., Ltd.
- LG Chem
- Evonik Industries AG
- Mitsubishi Chemical Holdings Corporation
- Sasol
- Satellite Chemical Co. Ltd.
- Wanhua Group
- Formosa Plastics Corporation
- Sinopec
- Tasnee
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- 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 Chemistry
- Market Snapshot, By Form
- Market Snapshot, By Application
- Market Snapshot, By End-Use
- Market Snapshot, By Region
- Acrylate Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
-
Rising demand for superabsorbent polymers
-
Expanding applications in automotive coatings
-
Growth in construction and infrastructure sectors
-
Increasing adoption in adhesives and sealant
-
- Restraints
-
Fluctuations in raw material prices
-
Environmental concerns regarding acrylate production
-
Strict regulations on chemical emissions
-
High energy consumption in manufacturing processes
-
- Opportunities
-
Bio-based acrylate development initiatives
-
Emerging markets in Asia-Pacific region
-
Advancements in UV-curable acrylates
-
Increasing usage in textile finishing application
-
- 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 Chemistry, 2021 - 2031 (USD Million)
- Butyl Acrylate
- 2-Ethyl Hexyl Acrylate
- Methyl Acrylate
- Ethyl Acrylate
- Acrylate Market, By Form, 2021 - 2031 (USD Million)
- Liquid
- Solid
- Emulsion
- Acrylate Market, By Application, 2021 - 2031 (USD Million)
- Paints & Coatings
- Plastics
- Fabrics
- Adhesives & Sealants
- Others
- Acrylate Market, By End-Use, 2021 - 2031 (USD Million)
- Packaging
- Consumer Goods
- Building & Construction
- Textiles
- Automotive
- Others
- 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 Chemistry, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF SE
- Arkema
- Dow Inc.
- Nippon Shokubai Co., Ltd.
- LG Chem
- Evonik Industries AG
- Mitsubishi Chemical Holdings Corporation
- Sasol
- Satellite Chemical Co. Ltd.
- Wanhua Group
- Formosa Plastics Corporation
- Sinopec
- Tasnee
- Company Profiles
- Analyst Views
- Future Outlook of the Market