Methyl Acrylate Market

By Type;

Industrial and Pharmaceutical

By Purity Grade;

Less Than or Equal To 99% and Greater Than 99%

By Application;

Surface Coatings, Chemical Synthesis, Adhesives & Sealants, Plastic Additives, Detergents, Textiles and Others

By End User;

Paint & Coating, Automobile, Packaging, Construction, Cosmetics and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn510554873 Published Date: September, 2025 Updated Date: October, 2025

Methyl Acrylate Market Overview

Methyl Acrylate Market (USD Million)

Methyl Acrylate Market was valued at USD 423.95 million in the year 2024. The size of this market is expected to increase to USD 561.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.1%.


Methyl Acrylate Market

*Market size in USD million

CAGR 4.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.1 %
Market Size (2024)USD 423.95 Million
Market Size (2031)USD 561.65 Million
Market ConcentrationHigh
Report Pages350
423.95
2024
561.65
2031

Major Players

  • Dow
  • BASF SE
  • Evonik Industries
  • Formosa Korea
  • KURARAY CO., LTD
  • LG Chem
  • MITSUBISHI GAS CHEMICAL COMPANY, INC
  • DHALOP CHEMICALS
  • Parchem fine & specialty chemicals
  • Polymers Enterprises
  • AECOCHEM
  • Central Drug House
  • Shree Chemicals
  • Petrochemicals Europe
  • Tokyo Chemical Industry Co., Ltd
  • KH Chemicals
  • Kowa India Pvt.Ltd
  • Biesterfeld AG
  • TWI Ltd
  • DIOCHEM

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Methyl Acrylate Market

Fragmented - Highly competitive market without dominant players


The Methyl Acrylate Market is steadily advancing, driven by its indispensable role across industrial applications. As a versatile raw material, it is widely used in coatings, adhesives, and textiles, ensuring strong market relevance. Increasing demand and continuous material innovations are reinforcing its growth trajectory.

Market Dynamics
The chemical’s adhesive strength and durability make it a preferred choice across multiple sectors. Over 40% of demand is concentrated in polymers and resins, where it provides essential structural properties. Continuous product refinements are further enhancing its industrial value and maintaining consistent demand.

Industrial Applications
Industries such as packaging, paints, and coatings account for a significant portion of usage. More than 30% of overall consumption comes from coating solutions that require flexibility and resilience. Its ability to blend into diverse applications ensures consistent adoption across product development pipelines.

Future Outlook
Sustainability trends are shaping the future of the market, with around 15% of demand linked to eco-friendly alternatives. As industries shift toward greener solutions, methyl acrylate remains central to next-generation chemical formulations. Its adaptability ensures that it will continue to play a pivotal role in market growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Purity Grade
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Methyl Acrylate Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in automotive sector

        2. Increasing construction activities

        3. Shift towards sustainable products

        4. Expansion of industrial applications

      2. Restraints

        1. Fluctuating raw material prices

        2. Stringent environmental regulations

        3. Competition from substitutes

        4. Supply chain disruptions

      3. Opportunities
        1. Demand for lightweight materials

        2. Focus on bio-based alternatives

        3. Infrastructure development projects

        4. Strategic mergers and acquisitions

    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. Competitive Rivalry
  5. Market Segmentation
    1. Methyl Acrylate Market, By Type, 2021 - 2031 (USD Million)
      1. Industrial
      2. Pharmaceutical
    2. Methyl Acrylate Market, By Purity Grade, 2021 - 2031 (USD Million)
      1. Less Than or Equal To 99%
      2. Greater Than 99%
    3. Methyl Acrylate Market, By Application, 2021 - 2031 (USD Million)
      1. Surface Coatings
      2. Chemical Synthesis
      3. Adhesives & Sealants
      4. Plastic Additives
      5. Detergents
      6. Textiles
      7. Others
    4. Methyl Acrylate Market, By End User, 2021 - 2031 (USD Million)
      1. Paint & Coating
      2. Automobile
      3. Packaging
      4. Construction
      5. Cosmetics
      6. Others
    5. Methyl Acrylate 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. Dow
      2. BASF SE
      3. Evonik Industries
      4. Formosa Korea
      5. KURARAY CO., LTD
      6. LG Chem
      7. MITSUBISHI GAS CHEMICAL COMPANY, INC
      8. DHALOP CHEMICALS
      9. Parchem fine & specialty chemicals
      10. Polymers Enterprises
      11. AECOCHEM
      12. Central Drug House
      13. Shree Chemicals
      14. Petrochemicals Europe
      15. Tokyo Chemical Industry Co., Ltd
      16. KH Chemicals
      17. Kowa India Pvt.Ltd
      18. Biesterfeld AG
      19. TWI Ltd
      20. DIOCHEM
  7. Analyst Views
  8. Future Outlook of the Market