Acrylates Market
INDUSTRY OVERVIEW
Acrylates are a group of versatile chemical compounds derived from acrylic acid, widely used in industrial and consumer applications. Major types include butyl acrylate, ethyl acrylate, methyl acrylate, and 2-ethylhexyl acrylate, each serving distinct purposes. These compounds form key ingredients in adhesives, coatings, plastics, textiles, and water treatment solutions due to their durability, adhesion properties, and chemical resistance.
KEY MARKET DRIVERS
• Expanding Applications in Paints & Coatings Industry to Propel Market Growth
• Growth in Adhesive Industry to Accelerate Market Expansion
MARKET VALUE & GROWTH
Market Value & Growth
Projections:
•Market Value in 2025 : USD
8,950 million
•Projected Value by 2032: USD
12,800 million
•CAGR 4.6%
MARKET SEGMENTATION
By Type
• ButylAcrylate
• EthylAcrylate
By Application
• Adhesives
• Coatings
By Region
• NorthAmerica
• Europe
• Asia-Pacific
• Middle East & Africa
COMPETITIVE LANDSCAPE
Top Companies in the Market
• BASF SE (Germany)
• Arkema S.A. (France)
• Nippon Shokubai (Japan)
• Evonik Industries AG (Germany)
REGIONAL MARKET ANALYSIS
North America:
The North American acrylates market is driven by strict environmental regulations and a strong emphasis on sustainable chemical manufacturing. The U.S. dominates the regional demand, accounting for 65% of the market share, largely due to its robust adhesive
Europe:
Europe's acrylates market remains tightly regulated under REACH and CLP regulations, compelling manufacturers to adopt bio-based and recycled raw materials. Germany and France collectively contribute over 50% of regional demand, primarily for waterborne coatings and adhesives.
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