Butyl Acrylate Market in Thailand

Butyl Acrylate in Thailand Trends and Forecast

The future of the butyl acrylate market in Thailand 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 Thailand 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 Thailand

Thailand‘s butyl acrylate market is expanding dynamically as of October 2025, driven by robust construction and automotive sectors amid ASEAN economic integration and sustainability initiatives. As a vital acrylic ester for polymers, it supports coatings, adhesives, and textiles, with Asia-Pacific commanding 45% global share, fueled by industrialization. In 2024, Thailand‘s market was valued at approximately USD 50 million, projecting a 5.30% CAGR through 2034, backed by THB 2 trillion in infrastructure investments. Trends emphasize low-VOC formulations, construction booms, and eco-innovations, reducing import dependency and promoting green applications for domestic and regional exports.

• Sustainability and Low-VOC Formulations: Thai manufacturers prioritize low-VOC butyl acrylate emulsions to comply with NES regulations, aligning with 2050 net-zero goals. These water-based variants cut emissions by 25%, appealing to eco-markets in coatings. This boosts green product access in construction, though reformulation costs challenge SMEs. It spurs innovation, potentially increasing volumes 10% by 2032, easing regulatory pressures and enhancing ASEAN competitiveness.
• Construction and Infrastructure Expansion: THB 2 trillion in 2025 funds surge butyl acrylate demand for durable coatings and sealants in projects like Bangkok MRT extensions. This fortifies tropical builds against monsoons, fueling 7% yearly emulsion rise. It aids 300,000 jobs but strains import chains, prompting local incentives for cost stability and economic gains in rural areas.
• Automotive and Lightweight Materials Growth: EV targets of 30% sales by 2030 ramp butyl acrylate in flexible adhesives and coatings for lightweight parts. This heightens efficiency and durability, lifting the market 5%. It bolsters assemblers like Toyota Thailand, but feedstock swings risk costs, demanding supply pacts for innovation and reliability.
• Packaging and Textiles Advancements: Urban boom and e-commerce propel butyl acrylate in flexible films and textile finishes for durability and printability. This aligns with circular economy goals, forecasting 8% growth. It curbs waste and lifts exports, though rival materials contest share, calling for R&D to sustain the lead.
• Advanced Polymerization Tech Adoption: Firms integrate catalytic processes, boosting yields 12% for adhesives. This cuts energy use, scaling applications. It enhances ASEAN exports, driving 6% market growth, though setup costs burden SMEs, necessitating subsidies for broader uptake and sustainability.

These trends reshape Thailand‘s butyl acrylate market by prioritizing sustainability and leveraging infrastructure and automotive booms. Low-VOC and tech adoptions align with regulatory goals, reducing imports and costs. Construction and EV sectors drive demand, while packaging supports e-commerce, though supply volatility poses risks. Collectively, these positions Thailand as an ASEAN hub, emphasizing eco-friendly and durable applications through 2034.

Recent Developments in the Butyl Acrylate Market in Thailand

Thailand‘s butyl acrylate market witnesses key advancements in October 2025, driven by tech integrations, regulatory updates, and rising demand in construction and automotive. These enhance efficiency, align with green standards, and tackle import gaps, fortifying resilience amid a 5.30% CAGR to 2034.

• PTT Global Chemical Expansion: In Q2 2024, PTT expanded its Map Ta Phut facility by 50,000 TPA for butyl acrylate, integrating with acrylic acid. This reduces imports 20%, targeting coatings for EEC projects. Impacts include 10% cost drops for downstream, 6% market growth in adhesives, and 200 jobs in Rayong. It fosters self-sufficiency but requires feedstock tweaks, boosting Thailand‘s petrochemical role.
• Low-VOC Compliance Initiative: NES‘s 2024 mandates prompted 60% reformulations, backed by THB 1 billion green fund. This fits 2050 targets, widening eco-access. Compliance raises costs 4-6%, but unlocks premium segments, driving 7% rise in sustainable paints; long-term, it ensures policy harmony, though SMEs face funding gaps.
• Catalytic Tech Pilot Launch: In Q3 2024, SCG Chemicals piloted advanced polymerization in Siam Cement, hiking efficiency 11% for textiles. Subsidized by BOI, it scales low-energy processes. This aids ASEAN exports, boosting competitiveness by 5%, but high R&D costs challenge scalability, needing partnerships for broader adoption.
• Indigenous Supply Partnerships: 2024 alliances between Indorama and locals secure raw access, reducing volatility by 8%. This fosters 200 jobs in Chonburi, enhancing chain toughness for mining adhesives. It stabilizes costs but integration delays benefits, requiring streamlined ops for peak impact.
• Bio-Acrylate R&D Collaboration: Mid-2024, a NSTDA-PTT tie-up launched bio-butyl acrylate trials from palm waste, targeting 15% bio-content by 2026. Funded by THB 500 million, it cuts emissions by 20%. Impacts: 8% growth in green coatings, export lifts; challenges include scaling, but it pioneers sustainability.

These developments reinforce Thailand‘s butyl acrylate market via expanded capacity, regulatory alignment, and supply robustness. PTT expansions and partnerships cut imports and costs, while tech pilots drive efficiency. NES mandates spur green innovations, setting the market for steady growth and ASEAN leadership through 2034, despite funding and scaling hurdles.

Strategic Growth Opportunities for Butyl Acrylate Market in Thailand

Thailand‘s butyl acrylate market yields strategic growth paths across paints, adhesives, textiles, and packaging in October 2025, powered by EEC infrastructure and eco-trends. These paths match urban and green market pulls, spurring key application expansions to 2034.

• Architectural Paints and Coatings: THB 2 trillion 2025 projects heighten butyl acrylate in tough, humidity-proof paints. Low-VOC emulsions lead, eyeing 7% growth. This lengthens structure life and hits green norms, upping urban share. Chain investments must scale to match needs, securing cost evenness for enduring rise.
• Automotive Adhesives and Coatings: 30% EV goal by 2030 ups butyl acrylate in light adhesives and coatings, aiding efficiency. This fuels 5% market rise, sharpening assembler edge. Sourcing plans curb raw risks, sparking advances and widening Thailand automotive exports in ASEAN.
• Sustainable Packaging Films: E-commerce boom drives butyl acrylate in flexible, recyclable films, forecasting 8% growth. These trim waste, fitting eco-aims. Bio-film pushes lift export chances, though rivals need advances to hold lead and yield economic perks in FMCG.
• Textile Finishes and Coatings: Urbanization hikes butyl acrylate in sturdy finishes for apparel and homes, eyeing 6% growth. These boost fabric strength and printability, backing exports. Eco-finishes fit buyer shifts, but R&D costs hit small firms, urging pacts for scale and reach in Bangkok hubs.
• Construction Sealants and Adhesives: Big infrastructure drives butyl acrylate in top sealants, securing tropical builds. This eyes 8% growth, aiding jobs and urban plans. Local output cuts supply risks, though cost swings need diverse sourcing for affordability and spread.

These paths fortify Thailand‘s butyl acrylate market via high-rise sector expansions. Paints, adhesives, and packaging sync with infrastructure and eco-pulls, fueling economic and export rise. Textiles and sealants add variety, though supply and cost hurdles demand smart funds. These set market for solid spread through 2034.

Butyl Acrylate Market in Thailand Driver and Challenges

Thailand‘s butyl acrylate market in October 2025 faces a vibrant mix of tech, economic, and policy factors. Drivers include advanced production methods, climbing construction and automotive needs, supportive BOI incentives, export rises to ASEAN, and eco-shifts. Challenges span chain instability, high NES compliance costs, and rival materials. These shape market rise to 5.30% CAGR through 2034, needing smart tweaks for innovation, cost control, and eco-fit in a fast-urbanizing economy with THB 2 trillion infrastructure pushes.

The factors responsible for driving the butyl acrylate market in Thailand include:
• Advanced Production Techniques: Catalytic innovations lift yields 12%, trimming energy costs amid rising utilities. This scales coatings and adhesives, backing 5% market rise. Tech funds sharpen ASEAN rivalry, though setup burdens small firms, urging BOI aid for wide uptake and efficiency in EEC zones.
• Rising Construction Demand: THB 2 trillion 2025 projects fuel butyl acrylate in coatings and sealants, eyeing 6% growth. Urban pushes in Bangkok drive tough material needs, making jobs and economic wins. Chain boosts are key to match needs and steady costs, ensuring spread.
• Supportive Government Policies: EEC and green formula incentives, tied to 2050 aims, lift uptake. Subsidies ease plant costs, driving 4% rise. These boost eco-market rivalry, though rule knots need simple policies for max gains in southern regions.
• Growing Export Markets: ASEAN needs, notably Cambodia and Laos, drive exports, eyeing 7% growth. Pact plans lock supply trust, lifting Thailand spot. Logistics and quality cert funds vital to hold rivalry and tap trade chances.
• Sustainability Trends: Buyer and policy pulls for low-VOC and bio-products spur advances, matching net-zero aims. This drives 9% green use rise, widening access. R&D funds key, though costs burden small players, urging team efforts for green output scale.

Challenges in the butyl acrylate market in Thailand are:
• Supply Chain Volatility: Asian raw import reliance sparks price swings, risking 4-6% cost jumps. Geopolitical strains and port delays worsen breaks, hitting build timelines. Local output and source diversity needed for supply calm, though startup funds strain players, urging plan smarts.
• High Compliance Costs: NES rules demand eco-formulas, upping output costs 4-7%. Compliance secures access but hits SMEs with tight funds, cutting rivalry. State aids and simple steps vital to weigh costs and back green market rise.
• Competition from Alternatives: Rivals like vinyl acetate vie in coatings and adhesives, risking 3% share loss. Butyl acrylate‘s top traits need stress via advances and cheap output to hold sway, urging R&D and promo funds to fight pressures.

These drivers and challenges mold Thailand‘s butyl acrylate market via innovation and rise while posing run hurdles. Advanced methods, construction needs, and backing policies propel spread, but chain swings and compliance costs hit profits. Eco-shifts sharpen edge, though rivalry demands smart advances. Weighing these secures strong market rise through 2034.

List of Butyl Acrylate Market in Thailand 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 Thailand by Segment

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

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

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

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

• High Purity
• Common Purity

Butyl Acrylate Market in Thailand 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 Thailand

Market Size Estimates: Butyl acrylate in Thailand market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends and forecasts by various segments.
Segmentation Analysis: Butyl acrylate in Thailand market size by product type, purity, and application in terms of value ($B).
Growth Opportunities: Analysis of growth opportunities in different product type, purity, and application for the butyl acrylate in Thailand.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the butyl acrylate in Thailand.
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 Thailand?
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 Thailand?
Answer: The future of the butyl acrylate market in Thailand looks promising with opportunities in the paints & coatings, adhesives & sealants, chemical synthesis, plastic additives, and textiles markets.
Q3. Which butyl acrylate market segment in Thailand 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 Thailand 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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