The acrylic rubber market is expected to grow from USD 950 million in 2022 to USD 2228.4 million by 2032, at a CAGR of 8.9% during the forecast period 2023-2032.
Acrylic rubbers (ACM) are unsaturated polar rubbers with excellent growth resistance in nonpolar and sulfur-containing oils. Because polymer spines do not include unsaturated bonds. As a result, they are oxygen, heat, and ozone resistant. Because of increased vehicle manufacturing and the need for long-lasting products, acrylic rubber is in higher demand than ever. The requirement for low fuel usage and higher combustion temperatures in the engine compartment is projected to drive growth in the acrylic rubber market. Corporations use various strategies and invest extensively in R&D to develop technological advances in acrylic rubber.
Rubber consumption has expanded due to industrialization in a wide range of industries for various applications. As the world's population expands, so does the demand for rubber. The car industry consumes the majority of synthetic rubber. As the population rises, so do infrastructure and development operations. Some industries are seeing increased use of electronic devices and sealants. As OEMs want to investigate alternative powertrain technologies, suppliers are expected to provide more value-added content per vehicle. OEMs must also ensure that the manufacturing footprints of their suppliers, particularly in emerging markets, are compatible with future market demands and their production plans.
This study delivers a comprehensive analysis of source, application, and region. The source segment includes ethyl acrylate (EA), methoxyethyl acrylate (MEA), butyl acrylate (BA), and ethoxy ethyl acrylate (EEA). Ethyl Acrylate (EA) is the leading product segment. Rubber is increasingly used in many applications, including coatings, plastics, adhesives, textiles, seals and gaskets, motor oils and lubricants, pipelines, and others. Because of their better properties, such as high heat, oxygen, and ozone resistance, ethyl acrylate rubbers are increasingly favoured over other types of rubber. The molar mass of ethyl acrylate rubbers is commonly determined through radical emulsion polymerization, with the amount of polymerization initiator applied influencing the molar mass. The ester groups' chemical structure and the comonomers' composition influence the characteristics of acrylic rubber. The application segment involves coating, adhesives, textiles, plastics, seals & gaskets, engine oils, lubricants, piping, and others. Engine Oils is leading the application segment. The rise is primarily due to rising automobile demand. As people's lifestyles change, so does the need for vehicles. Acrylic rubber is employed because of its resistance to the engine and transmission oil and automatic transmission fluids. Increasing infrastructure and construction activity contributes to the expansion of the lubricant sector. Furthermore, as individuals become more aware of the alternatives to mineral oil-based goods, large-scale organizations see increased demand for synthetic and bio-lubricants.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia Pacific is leading the regional segment. This is because the region's vehicle sector is expanding. According to the China Automotive Association, car production will expand by 30% in 2021, with 23.14 million new passenger vehicles registered. Its FDI policy has been attributed to the country's prosperity, favouring China's automobile industry and attracting many well-known worldwide brands to invest in it. Trucks will account for almost 90% of all commercial vehicles sold in China by 2021, with 1.1 million heavy-duty trucks and 229,113 medium-duty trucks sold. Total passenger car and commercial vehicle demand in Japan in 2021 was 5.19 million units, up 2.2 per cent from 2016, with passenger cars and CVs excluding mini-vehicles totalling 3.34 million units, down 0.7 per cent from fiscal 2016, and mini-vehicles totalling 1.86 million units, up 7.9%. The commercial vehicle market in South Korea accounts for 10% of the country's total automotive market. South Korea produced 4.2 million autos in 2021, with 3.6 lakhs of commercial vehicles. Economic growth and sustained high levels of infrastructure spending have bolstered sales of heavy-duty trucks and commercial vehicles in the Asia Pacific area.
Some notable players in the acrylic rubber market are Zeon, Hi-Tech Polymer, Plexipave, Ames Rubber Manufacturing, DuPont, CANADA SILICONE INC, Elder Rubber Company, GBSA, Kivi Markings, Apcotex Industries Ltd., Sreeji Trading Company, Harboro Rubber, Rubber Mill, Anabond Limited, Tiger Rubber Company, ZORGE, and Hanna Rubber Company.
Acrylic Rubber Market Analysis and Forecast, Source
Acrylic Rubber Market Analysis and Forecast, Application
Acrylic Rubber Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis by Source
4.3.2. Market Attractiveness Analysis by Application
4.3.3. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rising rubber consumption
5.3. Restraints
5.3.1. Labour expense
5.4. Opportunities
5.4.1. Rising automotive industry
5.5. Challenges
5.5.1. High cost of manufacturing
6. Global Acrylic Rubber Market Analysis and Forecast, By Source
6.1. Segment Overview
6.2. Ethyl Acrylate (EA)
6.3. Methoxyethyl Acrylate (MEA)
6.4. Butyl Acrylate (BA)
6.5. Ethoxy Ethyl Acrylate (EEA)
7. Global Acrylic Rubber Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Coating
7.3. Adhesives
7.4. Textiles
7.5. Plastics
7.6. Seals & Gaskets
7.7. Engine Oils
7.8. Lubricants
7.9. Piping
7.10. Others
8. Global Acrylic Rubber Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Acrylic Rubber Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Acrylic Rubber Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. Zeon
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Hi-Tech Polymer
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Plexipave
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. Ames Rubber Manufacturing
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. DuPont
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. CANADA SILICONE INC
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Elder Rubber Company
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. GBSA
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. Kivi Markings
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Apcotex Industries Ltd.
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Sreeji Trading Company
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Harboro Rubber
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Rubber Mill
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Anabond Limited
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Tiger Rubber Company
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. ZORGE
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. Hanna Rubber Company
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
List of Table
1. Global Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
2. Global Ethyl Acrylate (EA), Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
3. Global Methoxyethyl Acrylate (MEA), Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
4. Global Butyl Acrylate (BA), Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
5. Global Ethoxy Ethyl Acrylate (EEA), Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
6. Global Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
7. Global Coating, Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
8. Global Adhesives, Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
9. Global Textiles, Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
10. Global Plastics, Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
11. Global Seals & Gaskets, Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
12. Global Engine Oils, Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
13. Global Lubricants, Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
14. Global Piping, Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
15. Global Others, Acrylic Rubber Market, By Region, 2019-2032 (USD Million)
16. North America Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
17. North America Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
18. U.S. Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
19. U.S. Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
20. Canada Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
21. Canada Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
22. Mexico Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
23. Mexico Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
24. Europe Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
25. Europe Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
26. Germany Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
27. Germany Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
28. France Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
29. France Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
30. U.K. Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
31. U.K. Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
32. Italy Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
33. Italy Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
34. Spain Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
35. Spain Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
36. Asia Pacific Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
37. Asia Pacific Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
38. Japan Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
39. Japan Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
40. China Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
41. China Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
42. India Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
43. India Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
44. South America Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
45. South America Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
46. Brazil Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
47. Brazil Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
48. Middle East and Africa Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
49. Middle East and Africa Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
50. UAE Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
51. UAE Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
52. South Africa Acrylic Rubber Market, By Source, 2019-2032 (USD Million)
53. South Africa Acrylic Rubber Market, By Application, 2019-2032 (USD Million)
List of Figures
1. Global Acrylic Rubber Market Segmentation
2. Global Acrylic Rubber Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Acrylic Rubber Market Attractiveness Analysis by Source
9. Global Acrylic Rubber Market Attractiveness Analysis by Application
10. Global Acrylic Rubber Market Attractiveness Analysis by Region
11. Global Acrylic Rubber Market: Dynamics
12. Global Acrylic Rubber Market Share by Source (2023 & 2032)
13. Global Acrylic Rubber Market Share by Application (2023 & 2032)
14. Global Acrylic Rubber Market Share by Regions (2023 & 2032)
15. Global Acrylic Rubber Market Share by Company (2022)
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
Market research is valuable because of the following reasons:
Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.
Our market research process involves with the four specific stages.
Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:
Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:
Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.
This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.
Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.
Free Customization
Countries can be added on demand
Free yearly update on purchase of Multi/Corporate User License
Companies served till date
We serve our customers 24x7 for 365 days through calls, emails and live chat options.
Huge database of exceptional market reports bringing market intelligence to your fingertips.
SSL enabled, we offer you various secured payment options for risk free purchase.