Report Feature
Acrylate Trends and Forecast
The future of the global acrylate market looks promising with opportunities in the building & construction, packaging, consumer good, automotive, textile, biomedical, and cosmetic & personal care sectors. The global acrylate market is expected to reach an estimated $15.2 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are rise in modification of infrastructure activities and rising demand for water-based emulsion.
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Acrylate by Segment
The study includes a forecast for the global acrylate by type, application, end use industry, and region.Acrylate Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Butyl Acrylate
• Ethyl Acrylate
• Methyl Acrylate
• Others
Acrylate Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Paints and Coatings & Printing Inks
• Plastics
• Adhesives and Sealants
• Fabrics
• Others
Acrylate Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Building & Construction
• Packaging
• Consumer Goods
• Biomedical
• Automotive
• Textiles
• Cosmetic and Personal Care
• Others
Acrylate Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Acrylate 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. With these strategies acrylate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the acrylate companies profiled in this report include-• Arkema
• BASF SE
• Dow
• Nippon Shokubai
• Evonik
Acrylate Market Insights
Lucintel forecasts that butyl acrylate will remain the largest segment over the forecast period due to its rising application in cleaning agents, antioxidants, surfactants, aqueous resins, and elastomers. Within this market, packaging will remain the largest segment over the forecast period. APAC is expected to witness highest growth over the forecast period due to rapid industrialization and urbanization, rising population's disposable income, and presence of key players in the region.Features of the Global Acrylate Market
Market Size Estimates: Acrylate market size estimation in terms of value ($B). Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions. Segmentation Analysis: Acrylate market size by type, application, end use industry, and region in terms of value ($B). Regional Analysis: Acrylate market breakdown by North America, Europe, Asia Pacific, and Rest of the World. Growth Opportunities: Analysis of growth opportunities in different types, applications, end use industries, and regions for the acrylate market. Strategic Analysis: This includes M&A, new product development, and competitive landscape of the acrylate market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model.FAQ
Q1. What is the acrylate market size? Answer: The global acrylate market is expected to reach an estimated $15.2 billion by 2030. Q2. What is the growth forecast for acrylate market? Answer: The global acrylate market is expected to grow with a CAGR of 7.5% from 2024 to 2030. Q3. What are the major drivers influencing the growth of the acrylate market? Answer: The major drivers for this market are rise in modification of infrastructure activities and rising demand for water-based emulsion. Q4. What are the major segments for acrylate market? Answer: The future of the acrylate market looks promising with opportunities in the building & construction, packaging, consumer good, automotive, textile, biomedical, and cosmetic & personal care sectors. Q5. Who are the key acrylate market companies? Answer: Some of the key acrylate companies are as follows:• Arkema
• BASF SE
• Dow
• Nippon Shokubai
• Evonik Q6. Which acrylate market segment will be the largest in future? Answer: Lucintel forecasts that butyl acrylate will remain the largest segment over the forecast period due to its rising application in cleaning agents, antioxidants, surfactants, aqueous resins, and elastomers. Q7. In acrylate market, which region is expected to be the largest in next 5 years? Answer: APAC is expected to witness highest growth over the forecast period due to rapid industrialization and urbanization, rising population's disposable income, and presence of key players in the region. Q.8 Do we receive customization in this report? Answer: Yes, Lucintel provides 10% customization without any additional cost.
Table of Contents
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising, high-growth opportunities for the acrylate market by type (butyl acrylate, ethyl acrylate, methyl acrylate, and others), application (paints and coatings & printing inks, plastics, adhesives and sealants, fabrics, and others), end use industry (building & construction, packaging, consumer goods, biomedical, automotive, textiles, cosmetic and personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
- • What are the business risks and competitive threats in this market?
- • What are the emerging trends in this market and the reasons behind them?
- • What are some of the changing demands of customers in the market?
- • What are the new developments in the market? Which companies are leading these developments?
- • Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- • 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?
- • What M&A activity has occurred in the last 5 years and what has its impact been on the industry? For any questions related to Acrylate Market, Acrylate Market Size, Acrylate Market Growth, Acrylate Market Analysis, Acrylate Market Report, Acrylate Market Share, Acrylate Market Trends, Acrylate Market Forecast, Acrylate Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
