The global acrylate monomers market, valued at USD 6.31 billion in 2023, is projected to reach USD 10.3 billion by 2031, growing at a CAGR of 4.52% during the forecast period. Acrylate monomers are essential chemical compounds used in manufacturing various polymers and copolymers for applications such as paints, coatings, adhesives, textiles, plastics, and superabsorbent polymers. This market insight report provides a comprehensive analysis of market dynamics, growth drivers, technological trends, and competitive landscape, covering key players like BASF, Arkema, Dow, and Evonik Industries. The report also delves into regional insights across North America, Europe, Asia Pacific, and other emerging markets, offering valuable insights for stakeholders in the acrylate monomers industry.

Acrylate monomers are key chemical compounds used as building blocks in the production of various polymers and copolymers. These monomers are known for their role in producing a wide range of products including paints, coatings, adhesives, textiles, plastics, and superabsorbent polymers.

Here are some key aspects of the Acrylate Monomers Market:

• Key Types of Acrylate Monomers:
  • Methyl Acrylate (MA): Used in the production of surface coatings, adhesives, and elastomers.
  • Ethyl Acrylate (EA): Commonly utilized in the manufacturing of textiles, paints, and surface coatings.
  • Butyl Acrylate (BA): Important for producing paints, coatings, adhesives, and sealants.
  • 2-Ethylhexyl Acrylate (2-EHA): Primarily used in the manufacture of pressure-sensitive adhesives and flexible coatings.
• Applications:
  • Paints & Coatings: Used extensively in architectural and industrial coatings due to their excellent adhesion and weather resistance.
  • Adhesives & Sealants: Essential for manufacturing high-performance adhesives.
  • Plastics & Polymers: Used in the production of acrylic plastics and superabsorbent polymers.
  • Textiles: Acrylate monomers are used to improve the properties of synthetic fibers and fabrics.

Market Overview

The Global Acrylate Monomers Market was valued at USD 6.31 Billion in 2023 and is estimated to reach at USD 10.3 Billion in 2031 growing at a CAGR of 4.52% over the forecast period from 2024-2031. The report would provide you with market size estimates both in terms of revenue (USD Million) and volume (Million Units) for the time period from 2022 to 2031. The report would provide various factors responsible for growth of the market across various geographies considered under the scope of the study. The report covers in-depth global and regional level analysis of various market segmentations based on Product, Application, End-User, and Region.

Market Dynamics:

Below are the factors impacting the growth of Acrylate Monomers Market:

• Rising Demand in Construction and Automotive Sectors: The growing construction and automotive industries, especially in emerging markets, are driving demand for acrylate monomers.
• Technological Advancements: Innovations in polymerization techniques and the development of new acrylate-based materials enhance the market’s growth.
• Shift Toward Water-Based Coatings: The increasing preference for eco-friendly coatings in Europe and North America is boosting the demand for acrylate monomers.
• Fluctuating Raw Material Prices: The cost of raw materials, such as propylene, can impact production costs and profit margins.
• Environmental Regulations: Strict regulations, especially in Europe, regarding the use of certain chemicals and emissions standards, can affect production processes and product formulations.

 Regional Analysis

Based on region, Global Acrylate Monomers Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is divided into United States, Canada, and Mexico. Europe is bifurcated into Germany, U.K., France, Italy, Spain and Rest of Europe. The key country covered under Asia Pacific region includes China, Japan, India, South East Asia and Rest of Asia Pacific. Middle East & Africa is bifurcated into UAE, Saudi Arabia, South Africa and Rest of MEA. Finally, Latin America is divided into Brazil, Argentina and Rest of Latin America.

Competition Landscape

The report covers company profiles and competition analysis of major players operating under Global Acrylate Monomers Market. The company profile section includes Company Overview, Financials, Business Overview, Recent Developments, Key Strategies, Product Mapping, Regional Presence, etc. Further, the competition analysis provides you with details about Competitor Overview, Market Share Analysis, Company Performance based on Various Parameters, etc. The major players operating in Global Acrylate Monomers Market are Arkema, BASF SE, Dow, Evonik Industries AG, Hitachi, Ltd., KURARAY CO., LTD., LG Chem, Mitsubishi Chemical Group Corporation, NIPPON SHOKUBAI CO., LTD., and Pallav Chemicals.

 Market Segmentation

The Global Acrylate Monomers Market can be segmented on the basis of Product, Application, End-User, and Region. Further, the report would provide a detailed analysis based on below mentioned market segmentation at the global as well regional levels.

 Global Acrylate Monomers Market Scope:

 Global Acrylate Monomers Market, By Region and Countries:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South East Asia
  • Rest of Asia Pacific
• Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East and Africa
• South America
  • Brazil
  • Argentina
  • Rest of South America

 Reason to Purchase the Report:

• Latest trends in the market
• In depth market segmentation and cross regional / country analysis
• Market dynamics analysis including drivers, restraints and opportunities in the market
• Market sizing and segment analysis
• Competition Analysis including profiling of key market players
• Market share analysis and key strategies adopted by key players
• Recent developments and technological advancement by key players in the market
• Key takeaways from the research findings to take strategic decision in business needs