Global Acrylate Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Chemistry;
Butyl Acrylate, 2-Ethyl Hexyl Acrylate, Methyl Acrylate, and Ethyl Acrylate.By Foam;
Liquid, Solid and Emulsion.By Application;
Paints & Coatings, Plastics, Fabrics, Adhesives & Sealants, and Others.By End-Use;
Packaging, Consumer Goods, Building & Construction, Textiles, Automotive, and Others.By 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.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Acrylate Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities
Drivers:
- Increasing Demand in Construction Industry
- Expanding Automotive Industry
-
Rising Packaging Requirements: The packaging industry stands out as a crucial driver for the acrylate market, primarily due to the versatile properties that acrylates offer in coatings, adhesives, and sealants. These materials provide essential functionalities such as protection, durability, and aesthetics, which are highly sought after in modern packaging solutions. As the demand for sustainable packaging continues to surge, acrylates play a pivotal role in meeting these evolving needs. Moreover, with consumer preferences increasingly leaning towards eco-friendly options and stringent regulations promoting sustainability, the demand for acrylates in the packaging sector is expected to witness further growth.
Acrylates offer a compelling solution for packaging manufacturers seeking materials that not only ensure product integrity and security but also align with environmental consciousness. Their ability to deliver on multiple fronts, including protection against external elements, durability during transportation, and aesthetic appeal on retail shelves, positions them as indispensable components in the packaging industry. As the global push towards sustainable practices intensifies, acrylates are poised to remain at the forefront of innovation, driving advancements in eco-friendly packaging solutions and further propelling the growth of the acrylate market.
Restraints:
- Environmental Concerns
- Fluctuating Raw Material Prices
-
Health and Safety Concerns: The health and safety concerns associated with some acrylate-based products stem from their potential to pose risks to workers involved in various stages of their lifecycle, including manufacturing, handling, and application. Exposure to certain acrylates can lead to respiratory issues, skin sensitization, and other health hazards, making it imperative for companies to prioritize the safety of their workforce. Stringent regulations governing occupational health and safety mandate adherence to strict guidelines to mitigate these risks effectively.
To address these concerns, companies must invest in comprehensive employee training programs to educate workers about the potential hazards associated with acrylates and the necessary precautions to minimize exposure. Additionally, the implementation of robust workplace safety protocols and the provision of appropriate protective equipment are essential to safeguard workers' health. This may involve measures such as ventilation systems to minimize airborne exposure, personal protective equipment (PPE) like gloves and masks, and regular monitoring of exposure levels to ensure compliance with safety standards.
These additional measures and investments in health and safety can impact production costs and operational efficiency for companies operating in the acrylate industry. The procurement of specialized equipment and PPE, as well as the implementation of stringent safety protocols, may result in increased expenses and potentially slower production processes. Balancing the imperative of ensuring a safe working environment with the need to maintain competitiveness and profitability presents a significant challenge for industry stakeholders. Therefore, proactive measures to address health and safety concerns while optimizing operational efficiency are crucial for the sustainable growth and success of acrylate-based businesses.
Opportunities:
- Sustainability Initiatives
- Advanced Applications in Electronics
-
Healthcare and Medical Applications: The healthcare sector presents a compelling opportunity for acrylate-based materials to revolutionize various applications, particularly in medical adhesives, coatings for medical devices, and drug delivery systems. As medical technologies continue to advance, the demand for innovative materials that meet stringent requirements such as biocompatibility, sterilizability, and tissue-friendliness is on the rise. Acrylate manufacturers are uniquely positioned to address these needs through tailored formulations that offer superior performance and safety in medical settings. Medical adhesives based on acrylates can provide strong yet gentle bonding for wound closures, surgical incisions, and medical device assembly, facilitating minimally invasive procedures and enhancing patient comfort and recovery.
The development of acrylate-based coatings for medical devices presents an opportunity to enhance their functionality, durability, and biocompatibility. Coatings applied to medical implants, catheters, and other devices can improve their performance, reduce the risk of infection, and promote tissue integration. Acrylate-based coatings offer versatility in formulation, allowing manufacturers to customize properties such as surface roughness, lubricity, and antimicrobial activity to meet specific application requirements. Additionally, acrylate-based materials show promise in the field of drug delivery systems, where controlled release formulations can improve therapeutic efficacy and patient compliance. By leveraging their expertise in polymer chemistry and material science, acrylate manufacturers can innovate and capture a significant share of the growing market for advanced healthcare materials, driving advancements in medical technology and patient care.
Competitive Landscape Analysis
Key players in Global Acrylate Market include;
- BASF
- Arkema
- The DOW Chemical Company
- Evonik Industries
- Nippon Shokubai Co., Ltd.
- Sibur, LG Chem.
- Sasol Limited
- Formosa Plastics Corporation
- Mitsubishi Chemical Corporation.
In this report, the profile of each market player provides following information:
- 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 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
- Increasing Demand in Construction Industry
- Expanding Automotive Industry
- Rising Packaging Requirements
- Restraints
- Environmental Concerns
- Fluctuating Raw Material Prices
- Health and Safety Concerns
- Opportunities
- Sustainability Initiatives
- Advanced Applications in Electronics
- Healthcare and Medical Applications
- 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
- Arkema
- The DOW Chemical Company
- Evonik Industries
- Nippon Shokubai Co., Ltd.
- Sibur
- LG Chem.
- Sasol Limited
- Formosa Plastics Corporation
- Mitsubishi Chemical Corporation.
- Company Profiles
- Analyst Views
- Future Outlook of the Market