Acrylic Monomers Market
By Type;
Butyl Acrylate, Ethyl Acrylate, Ethylhexyl Acrylate and Methyl AcrylateBy Application;
Paints and Coatings, Plastics, Adhesives, Printing Inks and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Acrylic Monomers Market Overview
Acrylic Monomers Market (USD Million)
Acrylic Monomers Market was valued at USD 16,891.26 million in the year 2024. The size of this market is expected to increase to USD 24,734.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.
Acrylic Monomers Market
*Market size in USD million
CAGR 5.6 %
| Study Period | 2025 - 2031 |
|---|---|
| Base Year | 2024 |
| CAGR (%) | 5.6 % |
| Market Size (2024) | USD 16,891.26 Million |
| Market Size (2031) | USD 24,734.85 Million |
| Market Concentration | Medium |
| Report Pages | 369 |
Major Players
- BASF SE
- The Dow Chemical Company
- Mitsubishi Chemical Holdings Corporation
- Hitachi Chemical Co
- New Japan Chemical Co., Ltd
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Acrylic Monomers Market
Fragmented - Highly competitive market without dominant players
The Acrylic Monomers Market is witnessing strong growth as industries rely on these materials for coatings, polymers, and adhesives. About 64% of demand is tied to coating formulations, where acrylic monomers improve chemical resistance, surface quality, and durability. Their adaptability makes them vital in a wide range of applications.
Key Applications Supporting Growth
Major usage comes from sealants, adhesives, and plastics, which account for nearly 46% of consumption. Acrylic monomers enhance bonding, UV stability, and product lifespan, ensuring reliable performance across multiple sectors. Their role in delivering both protective and aesthetic value strengthens their adoption globally.
Innovations Strengthening Market Adoption
Recent progress in sustainable formulations, advanced polymerization, and process efficiency is boosting demand. Approximately 37% of new developments highlight low-VOC technologies designed to meet stricter environmental standards. These innovations are expanding the use of acrylic monomers in eco-conscious industries.
Market Outlook
The future of the acrylic monomers market looks promising, with more than 58% of manufacturers focusing on eco-friendly, high-performance solutions. With rising demand for materials that deliver strength, versatility, and sustainability, acrylic monomers are positioned to remain central to advanced industrial applications.
Acrylic Monomers Market Key Takeaways
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The Acrylic Monomers Market is growing due to the increasing demand for acrylic monomers in industries such as paints and coatings, adhesives, textiles and plastics due to their excellent chemical properties and versatility.
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Rising construction and automotive industries are driving the demand for acrylic monomers, as they are used in manufacturing durable coatings, adhesives and plastics that provide enhanced performance and aesthetics in various applications.
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Technological advancements in the production of acrylic monomers, including improved catalytic processes and energy-efficient manufacturing techniques, are enhancing market growth by lowering production costs and improving product quality.
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Growing consumer preference for sustainable and eco-friendly products is contributing to the demand for bio-based acrylic monomers derived from renewable sources, as well as the increasing adoption of waterborne coatings and adhesives that use acrylic monomers.
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The rise of the electronics industry is boosting the use of acrylic monomers in the production of electronic components such as displays, light guides and optical fibers, where their high transparency, durability and lightweight properties are highly valued.
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North America and Asia-Pacific are expected to dominate the Acrylic Monomers Market, driven by strong manufacturing sectors, high demand for acrylic-based products and the rapid expansion of construction and automotive industries in these regions.
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Challenges such as environmental regulations on the production and use of certain acrylic monomers and fluctuations in raw material prices may limit market growth, particularly in regions with strict environmental standards or unstable supply chains.
Acrylic Monomers Market Recent Developments
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In May 2023, Nippon Shokubai inaugurated a state-of-the-art acrylic acid production facility in Cilegon, Indonesia, boasting a capacity of 100,000 MT per year. This strategic expansion strengthens the company’s presence in the acrylic monomers segment, enhancing its production capabilities and reinforcing its competitive position in the global chemical manufacturing market.
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In April 2023, Evonik Industries achieved DIN CERTCO certification for its VISIOMER Terra bio-based methacrylate monomers, validating a bio-content of up to 85%. This milestone underscores the company’s commitment to sustainability and climate mitigation, representing a significant advancement toward environmentally friendly and greener chemical solutions.
Acrylic Monomers Market Segment Analysis
In this report, the Acrylic Monomers Market has been segmented by Type, Application and Geography. The structure reflects how producers and buyers make decisions around feedstock compatibility, downstream performance, and regional environmental standards. This framing helps highlight demand drivers, technology shifts, and capacity additions across supply chains, while offering a clear view of competitive strategies and expansion priorities.
Acrylic Monomers Market, Segmentation by Type
Segmentation by Type outlines the role of individual acrylates in enabling specific performance attributes such as adhesion, flexibility, weatherability, and chemical resistance. Suppliers typically optimize portfolios to balance cost-to-performance, formulation latitude, and regulatory compliance in end-use markets. Strategic moves—ranging from feedstock integration to application-led partnerships—are shaped by how each monomer supports premium coatings, pressure-sensitive adhesives, and plastics modification under evolving environmental norms.
Butyl AcrylateButyl Acrylate is widely used to impart flexibility and toughness in waterborne and solvent-borne systems, making it a core building block in architectural coatings and adhesives. Producers emphasize consistent quality and secure propylene/oxonol feedstock access to stabilize margins and service reliability. Demand correlates with construction and packaging cycles, where collaboration with formulators supports upgrades in low-VOC platforms and enhanced durability specifications.
Ethyl AcrylateEthyl Acrylate contributes to adhesion and clarity in polymers, emulsions, and specialty coatings that require balanced hardness and flexibility. Its adoption is supported by technical service that tailors particle size, glass transition temperature, and co-monomer ratios for converting and printing lines. Growth strategies often target high-consistency supply, tighter product stewardship, and application development programs with OEMs seeking cleaner chemistries and robust regulatory documentation.
Ethylhexyl AcrylateEthylhexyl Acrylate (2-EHA) is favored in pressure-sensitive adhesives and sealants for its ability to deliver tack, elasticity, and low-temperature performance. Producers focus on reliability and purity to minimize defects in high-speed coating lines and to support premium label, tape, and hygiene applications. Partnerships with adhesive formulators and converters drive co-development of high-shear, aging-resistant systems that align with sustainability targets and recycling compatibility.
Methyl AcrylateMethyl Acrylate enables hardness, chemical resistance, and film clarity in copolymers used for coatings, plastics modification, and inks. It is leveraged where higher rigidity and solvent tolerance are needed without sacrificing processability. Suppliers typically position it alongside complementary acrylates to fine-tune performance windows, while investing in application testing and regulatory readiness for sectors with demanding compliance regimes.
Acrylic Monomers Market, Segmentation by Application
Segmentation by Application captures how acrylic monomers translate into value across end-use systems with distinct performance and compliance needs. Purchasing decisions in paints and coatings, plastics, adhesives, and printing inks reflect formulators’ pursuit of durability, productivity on the line, and sustainability credentials. Vendors differentiate through grades that lower VOCs, enhance weathering, and improve adhesion to challenging substrates, while aligning with customer qualification cycles and global specification frameworks.
Paints and Coatings
Paints and Coatings remain a pivotal demand center as acrylic systems deliver UV resistance, gloss retention, and early water resistance for architectural and industrial uses. Growth is supported by urbanization, refurbishment needs, and the shift to waterborne and high-solids technologies. Suppliers invest in application labs and OEM partnerships to validate performance on diverse substrates and accelerate adoption in protective, automotive refinish, and general industrial segments.
Plastics
Plastics applications use acrylic monomers for impact modification, clarity, and surface properties in copolymers and additives. Value is created when formulations deliver targeted stiffness-toughness balance and compatibility with extrusion and injection processes. Collaboration with compounders and brand owners focuses on recyclability, stable melt flow, and additive packages that maintain properties over multiple life cycles and reprocessing conditions.
Adhesives
Adhesives leverage acrylic monomers to achieve tack, peel strength, and cohesion for tapes, labels, construction, and automotive interiors. Demand is shaped by lightweighting, faster assembly, and the replacement of mechanical fasteners. Suppliers emphasize consistent viscometrics, low odor, and aging resistance, while joint development with converters helps optimize coat weight, cure speed, and performance on low-energy substrates.
Printing Inks
Printing Inks benefit from acrylics that provide rheology control, substrate wetting, and rub resistance for packaging and publication. As converters upgrade to high-speed lines and diverse film structures, resin and emulsion design must balance gloss, slip, and adhesion. Market momentum concentrates on food-contact stewardship, rapid drying, and compatibility with both water-based and energy-curable systems for efficient changeovers.
Others
Others includes niche and emerging uses where acrylic chemistry supports functional coatings, textiles, and construction chemicals. These applications often require tailored particle size distributions and co-monomer systems for specific durability, stain resistance, or breathability targets. Suppliers expand via targeted technical service and qualification work with regional formulators, unlocking incremental volumes and higher-value specifications.
Acrylic Monomers Market, Segmentation by Geography
In this report, the Acrylic Monomers 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
North America
North America exhibits robust demand supported by architectural coatings, industrial finishing, and high-spec adhesive applications. Producers leverage integrated assets, strong regulatory stewardship, and close ties with formulators to advance low-VOC and high-durability solutions. Investment themes include debottlenecking, reliability improvements, and application labs that accelerate qualification with OEMs and large converter networks.
Europe
Europe is shaped by stringent environmental regulation and mature specialty segments that emphasize durability, emission reduction, and circularity. Suppliers differentiate through advanced waterborne systems, documentation for compliance, and partnerships that validate performance on complex substrates. Market activity often centers on efficiency upgrades and product reformulations that align with evolving stewardship and end-of-life considerations.
Asia Pacific
Asia Pacific is a key growth engine driven by construction, packaging, and expanding manufacturing bases. Regional players scale capacity and broaden grades to serve diverse end uses, while multinational suppliers invest in local technical centers to tailor performance and speed approval cycles. Competitive dynamics reward secure logistics, consistent quality, and collaboration with converters operating high-speed lines across multiple countries.
Middle East & Africa
Middle East & Africa demand is supported by infrastructure programs, downstream diversification, and the build-out of coatings and adhesive value chains. Access to competitive feedstocks and proximity to export routes provide advantages, while technology transfer and training help raise formulation capabilities. Suppliers focus on product robustness for heat and humidity, as well as service models that ensure steady supply and technical support.
Latin America
Latin America reflects steady consumption across coatings, packaging, and industrial adhesives, with growth anchored by urban development and refurbishment needs. Market development emphasizes localized technical service, logistics resilience, and adaptation to regulatory and currency cycles. Partnerships with regional formulators and distributors help tailor waterborne and high-solids solutions that enhance performance while managing cost-to-serve.
Acrylic Monomers Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Acrylic Monomers 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:
- Increasing Demand in Coatings
- Growth in Construction Sector
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Advancements in Polymer Technology - acrylic monomers market is experiencing significant advancements due to ongoing innovations in polymer technology. Acrylic monomers, crucial for producing a variety of polymers and copolymers, are increasingly being refined to enhance their performance characteristics. This evolution in polymer technology is driven by the demand for more efficient, sustainable, and high-performance materials in various industries, including automotive, construction, and consumer goods.
Recent advancements in polymer technology have led to the development of new acrylic monomers with improved properties. These advancements include enhanced thermal stability, increased chemical resistance, and better adhesion qualities. Such improvements make these monomers suitable for more demanding applications, such as high-performance coatings and advanced composite materials. The increased focus on developing monomers with specific functional properties is helping to meet the growing requirements for specialized and high-tech applications.
Restraints:
- Volatile Raw Material Prices
- Environmental Regulations
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High Production Costs - acrylic monomers market faces significant challenges related to high production costs, which have been a persistent issue for manufacturers. Acrylic monomers, essential for producing various polymers and resins used in coatings, adhesives, and plastics, require raw materials and complex chemical processes. The cost of key feedstocks, such as propylene and methanol, has been volatile, impacting overall production expenses. Fluctuations in these raw material prices can lead to unpredictable production costs, straining profit margins and affecting market stability.
Energy consumption is another critical factor driving up production costs in the acrylic monomers market. The manufacturing process for acrylic monomers involves high-energy requirements, including heat and electricity, which contribute significantly to operational expenses. Energy price volatility and the increasing push for energy efficiency and sustainability add another layer of complexity. Companies are pressured to adopt more energy-efficient technologies and practices, which, while potentially reducing long-term costs, require substantial upfront investment.
Opportunities:
- Expansion in Emerging Markets
- Innovations in Application Techniques
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Development of Sustainable Products - One of the key areas of development is the adoption of green chemistry principles in the production of acrylic monomers. This involves using renewable feedstocks and reducing hazardous by-products. For instance, researchers are exploring bio-based acrylic monomers derived from natural sources such as plant oils and sugars. These alternatives not only lower the reliance on petrochemical sources but also offer a reduced carbon footprint. Additionally, advancements in catalysis and polymerization techniques are enhancing the efficiency of these processes, making them more environmentally friendly.
The concept of a circular economy is gaining traction in the acrylic monomers market. This approach emphasizes the recycling and reusing of materials to minimize waste. Companies are investing in technologies that allow for the chemical recycling of acrylic polymers, which can be broken down and repurposed into new monomers. This not only reduces waste but also decreases the demand for virgin raw materials. Implementing closed-loop systems in manufacturing processes is also a significant step toward sustainability, as it minimizes the environmental impact of acrylic monomer production.
Acrylic Monomers Market Competitive Landscape Analysis
Acrylic Monomers Market has witnessed a strong presence of key players competing for market share through strategic alliances, technological advancements, and consistent growth. Companies have focused on expanding their product portfolios and leveraging collaborations to strengthen their market positioning. The emphasis on innovation and continuous technological advancements drives the market's development and competitiveness.
Market Structure and Concentration
The Acrylic Monomers Market is characterized by a high degree of market concentration with a few leading companies controlling a significant share. The presence of both global and regional players leads to intense competition, requiring companies to adopt growth strategies that focus on mergers and partnerships to strengthen their market footprint.
Brand and Channel Strategies
Companies in the Acrylic Monomers Market are increasingly focusing on brand differentiation through innovative product offerings and expanding their distribution channels. This shift toward enhancing brand visibility enables companies to reach a broader customer base while strengthening their market presence. Partnerships with distributors and retailers are essential for growth expansion.
Innovation Drivers and Technological Advancements
Technological advancements are a major driver of market growth in the Acrylic Monomers sector. Companies are investing in new technologies to enhance the production processes, increase efficiency, and deliver higher quality products. This focus on innovation ensures that companies maintain their competitive edge and align with industry demands for sustainable solutions.
Regional Momentum and Expansion
Regional expansion strategies are essential in the Acrylic Monomers Market as companies aim to tap into emerging markets. With increasing demand for high-performance materials in construction, automotive, and packaging industries, players are prioritizing regional growth through strategic partnerships and collaborations. This trend underscores the market's expansion and the growing demand in key regions.
Future Outlook
The future outlook for the Acrylic Monomers Market remains promising as companies continue to push the boundaries of technological innovation and strategic collaborations. With a growing emphasis on sustainability and performance, the market is expected to see robust growth opportunities driven by continuous innovation and regional expansion.
Key players in Acrylic Monomers Market include:
- BASF SE
- Arkema S.A.
- Dow Inc.
- Evonik Industries AG
- Mitsubishi Chemical Group Corporation
- LG Chem Ltd.
- Nippon Shokubai Co., Ltd.
- Merck KGaA
- Synthomer plc
- Hitachi Chemical Co., Ltd.
- Formosa Plastics Corporation
- Sabic
- Covestro AG
- Röhm GmbH
- Allnex
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 Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Acrylic Monomers Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Demand in Coatings
- Growth in Construction Sector
- Advancements in Polymer Technology
- Restraints
- Volatile Raw Material Prices
- Environmental Regulations
- High Production Costs
- Opportunities
- Expansion in Emerging Markets
- Innovations in Application Techniques
- Development of Sustainable Products
- 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
- Acrylic Monomers Market, By Type, 2021 - 2031 (USD Million)
- Butyl Acrylate
- Ethyl Acrylate
- Ethylhexyl Acrylate
- Methyl Acrylate
- Acrylic Monomers Market, By Application, 2021 - 2031 (USD Million)
- Paints and Coatings
- Plastics
- Adhesives
- Printing Inks
- Others
- Acrylic Monomers 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
- Acrylic Monomers Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF SE
- Arkema S.A.
- Dow Inc.
- Evonik Industries AG
- Mitsubishi Chemical Group Corporation
- LG Chem Ltd.
- Nippon Shokubai Co., Ltd.
- Merck KGaA
- Synthomer plc
- Hitachi Chemical Co., Ltd.
- Formosa Plastics Corporation
- Sabic
- Covestro AG
- Röhm GmbH
- Allnex
- Company Profiles
- Analyst Views
- Future Outlook of the Market

