Global Acrylic Acids & Esters Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Derivative Type;

Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, Polyacrylic acid and Others.

By Application;

Surface coatings, Adhesives & Sealants, Water treatment, Detergent, Plastic additives, Diaper and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn726053703 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Acrylic Acids & Esters Market (USD Million), 2021 - 2031

In the year 2024, the Global Acrylic Acids & Esters Market was valued at USD 11,023.07 million. The size of this market is expected to increase to USD 13,282.98 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.7%.

The global acrylic acids and esters market plays a crucial role in various industrial applications due to the versatile properties of acrylic-based compounds. Acrylic acids are essential building blocks for the production of superabsorbent polymers, coatings, adhesives, and various other applications. They offer excellent clarity, weather resistance, and adhesion properties, making them a preferred choice in the manufacturing of high-performance products. The market is driven by the growing demand from industries such as automotive, construction, and consumer goods, where acrylic acids and esters are used in a wide range of applications.

In recent years, the market has seen a surge in demand for acrylic esters, particularly butyl acrylate and ethyl acrylate, due to their increasing use in the production of paints, coatings, and adhesives. These esters are valued for their ability to enhance the flexibility, durability, and adhesion of finished products. Additionally, the rise in construction activities and infrastructure development worldwide has boosted the demand for high-performance coatings and sealants, further fueling the growth of the acrylic acids and esters market.

Technological advancements and innovations in production processes are also contributing to the market's expansion. Manufacturers are focusing on developing eco-friendly and sustainable acrylic acids and esters to meet the rising environmental regulations and consumer preferences for green products. These advancements are expected to improve the efficiency and reduce the environmental impact of acrylic acid production, leading to more cost-effective and sustainable solutions in the industry.

The market faces challenges such as fluctuating raw material prices and stringent regulatory requirements. The volatility in the prices of key raw materials like propylene and natural gas can affect the overall cost of production. Moreover, regulatory bodies are enforcing stricter guidelines related to the environmental impact of acrylic acid production and the use of certain chemicals. Despite these challenges, the global acrylic acids and esters market is anticipated to continue its growth trajectory, driven by innovation, increasing applications, and rising demand from various end-use industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Derivative Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Acrylic Acids & Esters Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand in Adhesives
        2. Growth in Automotive Sector
        3. Expansion in Construction Industry
      2. Restraints
        1. Volatility in Raw Material Prices
        2. Environmental Regulations
        3. High Production Costs
      3. Opportunities
        1. Emerging Markets Growth
        2. Advancements in Production Technologies
        3. Innovative Applications in Coatings
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Compititive Rivalry
  5. Market Segmentation
    1. Global Acrylic Acids & Esters Market, By Derivative Type, 2021 - 2031 (USD Million)
      1. Methyl Acrylate
      2. Ethyl Acrylate
      3. Butyl Acrylate
      4. Polyacrylic acid
      5. Others
    2. Global Acrylic Acids & Esters Market, By Application, 2021 - 2031 (USD Million)
      1. Surface coatings
      2. Adhesives & Sealants
      3. Water treatment
      4. Detergent
      5. Plastic additives
      6. Diaper
      7. Others
    3. Global Acrylic Acids & Esters Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Arkema
      2. BASF
      3. LG Chem LTD.
      4. SunVic Chemical Holdings Limited
      5. Dow Chemical Company
      6. Myriant Corporation
      7. Momentive Specialty Chemicals
  7. Analyst Views
  8. Future Outlook of the Market