Butyl Acrylate Market in South Korea

Butyl Acrylate in South Korea Trends and Forecast

The future of the butyl acrylate market in South Korea looks promising with opportunities in the paints & coatings, adhesives & sealants, chemical synthesis, plastic additives, and textiles markets. The global butyl acrylate market is expected to grow with a CAGR of 5.4% from 2025 to 2031. The butyl acrylate market in South Korea is also forecasted to witness strong growth over the forecast period. The major drivers for this market are increasing demand from the automotive industry and growing adoption of sustainable manufacturing processes, along with surging demand in the petrochemical sector.

• Lucintel forecasts that, within the purity category, high purity is expected to witness a higher growth over the forecast period due to its superior properties like higher clarity and gloss, enhanced stability and durability, and improved processability.
• Within the application category, paints & coatings are expected to witness the largest growth.

Emerging Trends in the Butyl Acrylate Market in South Korea

South Korea’s butyl acrylate market is advancing rapidly as of October 2025, driven by its leadership in automotive, electronics, and construction sectors within the Asia-Pacific region’s 45% global market share. As a key acrylic monomer for polymers, it supports coatings, adhesives, and textiles, with the local market valued at approximately USD 200 million in 2024, projecting a 5-6% CAGR through 2032. Backed by KRW 100 trillion in infrastructure and tech investments, trends emphasize eco-friendly formulations, localized production, and high-performance applications, reducing import reliance and boosting exports to ASEAN and beyond amid 2060 carbon neutrality goals.

• Sustainability and Bio-Based Formulations: South Korean firms like LG Chem adopt bio-butyl acrylate from renewable sources, cutting emissions by 30% to align with 2060 net-zero goals. These reduce fossil dependency, appealing to eco-markets in textiles. This boosts green product access in construction, though R&D costs challenge SMEs. It drives innovation, potentially increasing volumes 12% by 2030, easing regulatory pressures and enhancing global competitiveness.
• Low-VOC and Waterborne Coatings: KMOE regulations push low-VOC butyl acrylate emulsions for paints and adhesives, supporting urban air quality in Seoul’s retrofits. The trend fuels 7% growth in architectural applications, offering cost savings and consumer preference for safer products. Reformulation raises prices 3-5%, impacting smaller firms but advancing eco-viability.
• Construction and Infrastructure Expansion: KRW 100 trillion in 2025 funds surge butyl acrylate demand for durable coatings in projects like Incheon developments. This ensures weather-resistant builds, fueling 6% yearly emulsion growth. It supports jobs but strains import chains, prompting local incentives for cost stability and economic gains.
• Automotive and Lightweight Materials Growth: A 50% EV sales target by 2030 boosts butyl acrylate in lightweight adhesives and coatings for EV components. This enhances efficiency, lifting the market 5%. It strengthens OEMs like Hyundai, but feedstock volatility risks costs, necessitating supply partnerships for innovation.
• Electronics and High-Performance Adhesives: Tech giants like Samsung drive butyl acrylate in precision adhesives for displays, projecting 8% growth. This ensures durability in humid conditions, boosting exports. Competition from alternatives requires R&D to maintain leadership in high-tech applications.

These trends reshape South Korea’s butyl acrylate market by prioritizing sustainability and leveraging automotive and tech booms. Bio-based and low-VOC formulations align with regulations, enhancing competitiveness. Construction and EV sectors drive demand, while electronics support innovation, though supply risks persist. These positions South Korea as a regional leader, emphasizing eco-friendly, high-performance applications through 2032.

Recent Developments in the Butyl Acrylate Market in South Korea

South Korea’s butyl acrylate market sees dynamic developments in October 2025, fueled by technological advancements, regulatory shifts, and rising demand in automotive and electronics. These enhance production efficiency, align with green mandates, and address supply vulnerabilities, strengthening market growth prospects.

• LG Chem Bio-Acrylate Pilot: In Q2 2024, LG Chem launched a bio-butyl acrylate pilot in Yeosu, targeting 50,000 TPA from biomass by 2026. This cuts emissions 25%, aligning with the 2060 goals. Impacts include 10% cost reductions for green monomers, 6% growth in eco-coatings, and reduced imports. It fosters innovation but requires scale-up funds, bolstering South Korea’s green chemical leadership.
• Advanced Polymerization Tech Rollout: Firms like Hanwha adopted continuous polymerization in Q3 2024, boosting yields by 11%. This cuts energy costs, scaling for adhesives. It enhances ASEAN exports, driving 5% market growth. High setup costs challenge SMEs, needing subsidies for broader adoption, improving efficiency, and sustainability.
• Local Production Expansions: Upgrades in Ulsan and Daesan, launched early 2025, cut import needs 15%. Backed by KMOE grants, they stabilize prices amid Asian disruptions. They create 250 jobs, boost economies, though logistics persist, requiring robust networks for consistent output and market stability.
• Regulatory Compliance Enhancements: KMOE’s 2024 low-VOC mandates prompted 70% plant reformulations, fitting 2060 targets. Compliance raises costs 4-6%, but unlocks premium eco-markets, driving 8% growth in sustainable coatings and ensuring long-term policy alignment.
• Supply Chain Partnerships: 2024 ties between Lotte Chemical and global like BASF secure raw access, easing volatility 7%. These drive high-performance innovations, boosting exports. Integration delays benefits, needing streamlined coordination for maximum impact on market reliability.

These developments fortify South Korea’s butyl acrylate market via enhanced capacity, regulatory alignment, and supply resilience. Bio-pilots and local expansions cut costs and imports, while tech and partnerships drive efficiency. Regulatory mandates spur green growth, setting the market for robust expansion and regional leadership through 2032, despite funding hurdles.

Strategic Growth Opportunities for Butyl Acrylate Market in South Korea

South Korea’s butyl acrylate market offers strategic growth paths across coatings, adhesives, electronics, and textiles in October 2025, driven by infrastructure, tech innovation, and eco-trends. These align with urban and green demands, fueling key application expansions.

• Architectural Paints and Coatings: KRW 100 trillion 2025 projects boost butyl acrylate in durable, weather-proof paints. Low-VOC emulsions project 7% growth, enhancing structure longevity and meeting green standards. This ups urban market share, but supply investments are needed for demand, ensuring cost stability and sustained growth.
• Automotive Adhesives and Coatings: 50% EV goal by 2030 drives butyl acrylate in lightweight adhesives for EV parts, fueling 5% market rise. This sharpens OEM competitiveness like Hyundai. Sourcing plans curb raw risks, fostering innovation and expanding ASEAN automotive exports.
• Electronics Precision Adhesives: Tech demand from Samsung drives butyl acrylate in high-performance display adhesives, projecting 8% growth. This ensures reliability in electronics, boosting exports. R&D counters rival materials, maintaining leadership in high-tech sectors and economic gains.
• Textile Finishes and Coatings: Urbanization hikes durable finishes for apparel, eyeing 6% growth. These boost printability and exports. Eco-options match buyer shifts, but R&D costs challenge SMEs, needing partnerships for scale in Busan clusters.
• Construction Sealants and Adhesives: Infrastructure drives butyl acrylate in sealants, ensuring structural integrity. This eyes 6% growth, aiding jobs and urban plans. Local output cuts supply risks, though cost swings need diverse sourcing for affordability and expansion.

These opportunities strengthen South Korea’s butyl acrylate market via high-growth sectors. Paints, adhesives, and electronics align with infrastructure and tech demands, driving economic and export rise. Textiles and sealants add diversity, though supply and cost hurdles demand smart funds. These set the market for robust spread through 2032.

Butyl Acrylate Market in South Korea Driver and Challenges

South Korea’s butyl acrylate market in October 2025 is shaped by technological, economic, and regulatory factors. Drivers include advanced production via LG Chem, surging construction and automotive demand, supportive KMOE policies, growing ASEAN exports, and sustainability trends. Challenges encompass raw import volatility, high compliance costs under KMOE regulations, and substitute competition. These influence 5-6% CAGR to 2032, requiring adaptations for innovation, cost control, and eco-compliance in a tech-driven economy with KRW 100 trillion infrastructure focus.

The factors responsible for driving the butyl acrylate market in South Korea include:
• Advanced Production Techniques: Continuous polymerization boosts yields 11%, cutting energy costs amid rising utilities. This scales adhesives, driving 5% market rise. Tech funds sharpen ASEAN rivalry, though setup burdens SMEs, needing KMOE aid for uptake and efficiency in Ulsan.
• Construction and Automotive Demand Surge: KRW 100 trillion projects and 50% EV goal fuel coatings and adhesives, eyeing 6% growth. Urban/Seoul drives durable needs, creating jobs/economic wins. Chain boosts match demand, steady costs for EV and infrastructure expansions.
• Supportive Government Policies: KMOE incentives for green output, tied to 2060 aims, lift uptake. Subsidies ease setup costs, driving 4% rise. These hone eco-rivalry, but knots need simple rules for max gains in tech hubs.
• Export Market Growth to ASEAN: Demand from Vietnam/Thailand drives exports, eyeing 7% growth. Pacts lock trust, lifting Korea spot. Logistics/cert funds vital for rivalry and trade via Incheon port.
• Sustainability Trends: Buyer/policy pulls for low-VOC/bio spur advances, matching net-zero. This drives 9% green rise, widening access in electronics. R&D key, but costs hit smalls, urging efforts for scale.

Challenges in the butyl acrylate market in South Korea are:
• Supply Chain Volatility: Asian raw reliance sparks swings, risking 4-6% cost jumps. Geopolitical/port delays worsen, hitting builds. Local output/diversity needed for calm, but funds strain, urging smarts in won flux.
• High Compliance Costs: KMOE eco-rules up costs 4-7%. Compliance secures but hits SMEs, cutting rivalry. Aids/simple steps vital to balance and back green rise in labor sectors.
• Competition from Substitutes: Vinyl acetate vies, risking 3% share loss. Butyl’s traits need stress via advances/cheap output, urging R&D/promo to fight import pressures.

These drivers and challenges sculpt South Korea’s butyl acrylate market via growth and hurdles. Advanced tech, construction, policies propel, but volatility/compliance hit profits. Eco-trends hone, though rivalry demands innovation. Balancing secures strong rise through 2032.

List of Butyl Acrylate Market in South Korea Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies, butyl acrylate companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the butyl acrylate companies profiled in this report include:
• Company 1
• Company 2
• Company 3
• Company 4
• Company 5
• Company 6
• Company 7

Butyl Acrylate Market in South Korea by Segment

The study includes a forecast for the butyl acrylate market in South Korea by product type, purity, and application.

Butyl Acrylate Market in South Korea by Product Type [Analysis by Value from 2019 to 2031]:

• I-Butyl Acrylate
• N-Butyl Acrylate
• T-Butyl Acrylate

Butyl Acrylate Market in South Korea by Purity [Analysis by Value from 2019 to 2031]:

• High Purity
• Common Purity

Butyl Acrylate Market in South Korea by Application [Analysis by Value from 2019 to 2031]:

• Paints & Coatings
• Adhesives & Sealants
• Chemical Synthesis
• Plastic Additives
• Textiles
• Others

Features of the Butyl Acrylate Market in South Korea

Market Size Estimates: Butyl acrylate in South Korea market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends and forecasts by various segments.
Segmentation Analysis: Butyl acrylate in South Korea market size by product type, purity, and application in terms of value ($B).
Growth Opportunities: Analysis of growth opportunities in different product type, purity, and application for the butyl acrylate in South Korea.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the butyl acrylate in South Korea.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

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FAQ

Q1. What are the major drivers influencing the growth of the butyl acrylate market in South Korea?
Answer: The major drivers for this market are increasing demand from the automotive industry and growing adoption of sustainable manufacturing processes, along with surging demand in the petrochemical sector.
Q2. What are the major segments for butyl acrylate market in South Korea?
Answer: The future of the butyl acrylate market in South Korea looks promising with opportunities in the paints & coatings, adhesives & sealants, chemical synthesis, plastic additives, and textiles markets.
Q3. Which butyl acrylate market segment in South Korea will be the largest in future?
Answer: Lucintel forecasts that, within the purity category, high purity is expected to witness higher growth over the forecast period due to its superior properties like higher clarity and gloss, enhanced stability and durability, and improved processability.
Q4. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 10 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the butyl acrylate market in South Korea by product type (i-butyl acrylate, n-butyl acrylate, and t-butyl acrylate), purity (high purity and common purity), and application (paints & coatings, adhesives & sealants, chemical synthesis, plastic additives, textiles, and others)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.4. What are the business risks and competitive threats in this market?
Q.5. What are the emerging trends in this market and the reasons behind them?
Q.6. What are some of the changing demands of customers in the market?
Q.7. What are the new developments in the market? Which companies are leading these developments?
Q.8. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.9. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.10. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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