The acrylate monomer market is projected to increase from USD 9,015.28 million in 2022 to USD 16,514.29 million by 2032, at a CAGR of 6.24% over the forecast period 2023-2032.
Acrylate monomers are molecules that can react with other monomers to form polymers. Acrylate monomers produce polyacrylates, a type of plastic that can be developed into various shapes. Acrylate monomers are used in various applications, including adhesives & sealants, paints & coatings, water bottles, eyeglasses, medical implants, printing inks, and many more.
Some key factors propelling the rise of the acrylate monomers market are the rising automotive sector, the growing need for coatings and paints, and the growing industry demand for adhesives and sealants. Moreover, the rapid expansion of the painting industry is driving up the demand for acrylic varnishes. However, the high cost of raw materials and strict government regulations may challenge market growth. Besides, the easy availability of alternatives such as propylene, styrene, and ethylene can negatively affect the market's growth.
This report provides a complete study by product, application, end user and region. The product segment includes 2 ethyl hexyl acrylate, butyl acrylate, ethyl acrylate, methyl acrylate and others. The methyl acrylate segment dominated the market in 2022. The growth of the methyl acrylate segment is attributed to the multiple properties of methyl acrylates, such as low solubility in water, low toxicity, and low production cost. As a result, methyl acrylates are vastly applied in producing adhesives, coatings and plastics. The application segment is divided into adhesives & sealants, paints & coatings, printing inks, plastics and others. The plastics segment registered the largest market share in 2022. The growth of the plastics segment is attributed to the rising need for plastics in many industrial and consumer applications, such as automotive, packaging, construction, and consumer goods, which is propelling the rise of this segment. The end user segment is classified into automotive, construction, oil & gas, textiles and others. The automotive segment held the highest market share in 2022 due to the wide applications in producing automotive products, such as electronic capacitors, vehicle interiors like door panels and headliners, adhesives for floor applications, exterior trim parts, for example, mirror covers on vehicles and other plastic parts used on the interior and exterior of a vehicle.
The acrylate monomer market is classified into North America, South America, Asia-Pacific, Europe, and Middle East & Africa. The Asia Pacific region held the largest market share in 2022 due to the growing need for acrylate monomers in the region's end-user sector, which includes paper & cardboard, adhesives, paints & coatings, and textiles. The North American region is anticipated to witness a dominant growth rate over the forecast period. The growing market for consumer products such as plastics, paints & coatings, and adhesives mainly drives the growth of this region. These products use acrylate monomers as raw materials.
Key industry players in the acrylate monomer market are Arkema, Inc., BASF SE, Chi Mei Corporation, Eastman Chemical Company, Estron Chemical Inc., Evonik Industries AG, Esstech, Fushun Anxin Chemical, Gelest, Gantrade Corporation, INEOS, Kuraray Co., Ltd., LG Chem Ltd., Mitsubishi Corporation, Miwon Specialty Chemical, Nippon Shokubai, Sumitomo Chemical Co., Ltd., The Dow Company and Ted Pella among others.
Acrylate Monomer Market Analysis and Forecast, Product
Acrylate Monomer Market Analysis and Forecast, Application
Acrylate Monomer Market Analysis and Forecast, End User
Acrylate Monomer 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 Product
4.3.2. Market Attractiveness Analysis by Application
4.3.3. Market Attractiveness Analysis by End User
4.3.4. Market Attractiveness Analysis by Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Rise in the number of infrastructure and construction activities
5.2.2. Increasing water treatment infrastructure
5.3. Restraints
5.3.1. High cost of raw materials
5.4. Opportunities
5.4.1. Rapid urbanization and population growth
5.4.2. Rise in production of vehicles and automotive products
5.5. Challenges
5.5.1. The emergence of substitutes
6. Global Acrylate Monomer Market Analysis and Forecast, By Product
6.1. Segment Overview
6.2. 2 Ethyl Hexyl Acrylate
6.3. Butyl Acrylate
6.4. Ethyl Acrylate
6.5. Methyl Acrylate
6.6. Others
7. Global Acrylate Monomer Market Analysis and Forecast, By Application
7.1. Segment Overview
7.2. Adhesives & Sealants
7.3. Paints & Coatings
7.4. Printing Inks
7.5. Plastics
7.6. Others
8. Global Acrylate Monomer Market Analysis and Forecast, By End User
8.1. Segment Overview
8.2. Automotive
8.3. Construction
8.4. Oil & Gas
8.5. Textiles
8.6. Others
9. Global Acrylate Monomer Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Acrylate Monomer Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in the Acrylate Monomer Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Arkema, Inc.
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. BASF SE
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Chi Mei Corporation
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Eastman Chemical Company
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Estron Chemical Inc.
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Evonik Industries AG
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Esstech
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Fushun Anxin Chemical
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. Gelest
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Gantrade Corporation
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. INEOS
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Kuraray Co., Ltd.
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. LG Chem Ltd.
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Mitsubishi Corporation
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Miwon Specialty Chemical
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. Nippon Shokubai
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. Sumitomo Chemical Co., Ltd.
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Product Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. The Dow Company
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Product Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
11.19. Ted Pella
11.19.1. Business Overview
11.19.2. Company Snapshot
11.19.3. Company Market Share Analysis
11.19.4. Company Product Portfolio
11.19.5. Recent Developments
11.19.6. SWOT Analysis
List of Table
1. Global Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
2. Global 2 Ethyl Hexyl Acrylate Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
3. Global Butyl Acrylate Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
4. Global Ethyl Acrylate Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
5. Global Methyl Acrylate Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
6. Global Others Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
7. Global Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
8. Global Adhesives & Sealants Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
9. Global Paints & Coatings Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
10. Global Printing Inks Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
11. Global Plastics Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
12. Global Others Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
13. Global Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
14. Global Automotive Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
15. Global Construction Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
16. Global Oil & Gas Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
17. Global Textiles Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
18. Global Others Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
19. Global Acrylate Monomer Market, By Region, 2019-2032 (USD Million) (K Tons)
20. North America Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
21. North America Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
22. North America Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
23. U.S. Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
24. U.S. Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
25. U.S. Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
26. Canada Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
27. Canada Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
28. Canada Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
29. Mexico Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
30. Mexico Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
31. Mexico Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
32. Europe Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
33. Europe Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
34. Europe Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
35. Germany Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
36. Germany Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
37. Germany Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
38. France Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
39. France Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
40. France Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
41. U.K. Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
42. U.K. Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
43. U.K. Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
44. Italy Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
45. Italy Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
46. Italy Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
47. Spain Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
48. Spain Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
49. Spain Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
50. Asia Pacific Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
51. Asia Pacific Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
52. Asia Pacific Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
53. Japan Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
54. Japan Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
55. Japan Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
56. China Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
57. China Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
58. China Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
59. India Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
60. India Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
61. India Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
62. South America Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
63. South America Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
64. South America Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
65. Brazil Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
66. Brazil Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
67. Brazil Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
68. Middle East and Africa Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
69. Middle East and Africa Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
70. Middle East and Africa Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
71. UAE Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
72. UAE Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
73. UAE Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
74. South Africa Acrylate Monomer Market, By Product, 2019-2032 (USD Million) (K Tons)
75. South Africa Acrylate Monomer Market, By Application, 2019-2032 (USD Million) (K Tons)
76. South Africa Acrylate Monomer Market, By End User, 2019-2032 (USD Million) (K Tons)
List of Figures
1. Global Acrylate Monomer Market Segmentation
2. Acrylate Monomer 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 Acrylate Monomer Market Attractiveness Analysis by Product
9. Global Acrylate Monomer Market Attractiveness Analysis by Application
10. Global Acrylate Monomer Market Attractiveness Analysis by End User
11. Global Acrylate Monomer Market Attractiveness Analysis by Region
12. Global Acrylate Monomer Market: Dynamics
13. Global Acrylate Monomer Market Share by Product (2023 & 2032)
14. Global Acrylate Monomer Market Share by Application (2023 & 2032)
15. Global Acrylate Monomer Market Share by End User (2023 & 2032)
16. Global Acrylate Monomer Market Share by Regions (2023 & 2032)
17. Global Acrylate Monomer Market Share by Company (2022)
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