India Butyl Acrylate Market, By Product Type (I-Butyl Acrylate, N-Butyl Acrylate, T-Butyl Acrylate); By Purity (High Purity, Common Purity); By Application (Paints & Coatings, Adhesives & Sealants, Chemical Synthesis, Plastic Additives, Textiles); By Regi

India Butyl Acrylate Market, By Product Type (I-Butyl Acrylate, N-Butyl Acrylate, T-Butyl Acrylate); By Purity (High Purity, Common Purity); By Application (Paints & Coatings, Adhesives & Sealants, Chemical Synthesis, Plastic Additives, Textiles); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2030


India Butyl Acrylate Market Size Expands at CAGR of 7% to Surpass Value of USD 534 Million and Volume of 301,000 Tons by 2030
India Butyl Acrylate Market is flourishing due to the growing demand for paints & coatings and adhesives & sealants from thriving construction industry driven rising disposable income.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Butyl Acrylate Market size by value at USD 432.99 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Butyl Acrylate Market size to expand at a CAGR of 7.85% reaching a value of USD 534.03 million by 2030. The Butyl Acrylate market in India is propelled by the increasing application as a solvent in the paints and coatings, as well as adhesive and sealants sectors, predominantly within the expanding construction and automotive industries. India has witnessed a rising trend in residential and commercial development in recent years, driven by increasing investments and evolving lifestyles. Also, butyl acrylate plays a crucial role as an ingredient in pressure-sensitive adhesives, widely employed by the textile and construction sectors. Its presence in PVC modifiers and molding or extrusion additives further enhances its application in the plastics sector. With the upswing in construction activities and infrastructure development, there is an anticipated surge in demand for commodities like paints & coatings and plastics, consequently boosting the overall demand for butyl acrylate over the forecast period.

By volume, BlueWeave estimated the India Butyl Acrylate Market size at 261.66 thousand tons in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Butyl Acrylate Market size by volume is projected to grow at a CAGR of 7.01% reaching the volume of 301.09 thousand tons by 2030. The increasing use of butyl acrylate in the production of thermoplastic ethylene acrylate copolymers (EAC), containing up to 35% butyl acrylate, stands out as pivotal factor contributing to market expansion. The combination of butyl acrylate with other monomers, such as vinyl acetate, methyl methacrylate, acrylic acid, styrene, and other acrylate ester monomers, opens up possibilities for diverse copolymer compositions.

Opportunity – Expanding automotive industry

The expanding automotive industry in India is anticipated to drive the need for butyl acrylate. The compound plays a crucial role in polymer manufacturing, specifically contributing to the production of car dashboards and leather seats. Additionally, butyl acrylate serves as a key component in the production of sealants, utilized in various automotive applications such as within the trunk, hood, doors, front dash, and on both the interior and exterior metal joints of vehicles. The global surge in motor vehicle production stands as a significant factor contributing to the anticipated growth of the butyl acrylate market in the coming years.

Impact of Escalating Geopolitical Tensions on India Butyl Acrylate Market

Increasing geopolitical tensions can have a multifaceted impact on the India Butyl Acrylate Market. The surge in upstream values, particularly crude oil, is exerting pressure on downstream derivatives, thereby elevating inflationary concerns for consumers. Butyl acrylate prices in the domestic market have responded with buoyancy, driven by multiple elements contributing to these fluctuations. A substantial driver for this upward trajectory is the notable increase in crude oil values, impacting critical feedstocks like n-Butanol and Acrylic Acid. The exponential rise in crude oil prices is a consequence of global uncertainties, with low inventories in the USA driving up spot prices of Brent. Simultaneously, geopolitical tensions between Russia and Ukraine have further heightened global contract purchases. Additionally, increased consumption in China, post-easing of the dual energy policy and winter Olympics-related restrictions, has influenced the overall pricing dynamics for crude oil globally. Also, heightened demand fundamentals for Butyl Acrylate in the downstream derivative segment contribute to the overall upward price trend in the Indian market.

India Butyl Acrylate Market
Segmental Information
India Butyl Acrylate Market – By Application

On the basis of application, the India Butyl Acrylate Market is divided into Paints & Coatings, Adhesives & Sealants, Chemical Synthesis, Plastic Additives, and Textiles segments. The paints & coatings segment holds the highest share in the India Butyl Acrylate Market by application closely followed by the adhesive & sealants segment. It is primarily due to their growing applications in the construction and automotive industries. Additionally, the rising trend of substituting old coatings with water-based alternatives in combination with the increased usage of adhesives further contributes to the sustained leadership of these industries in the market.

India Butyl Acrylate Market – By Region

Geographically, the India Butyl Acrylate Market is divided into North India, South India, East India, and West India regions. West India holds the highest market share and is expected to maintain its dominance during the forecast period. Its dominance is attributed to key consumption in states like Gujarat and Maharashtra, driven by prominent companies, such as Asian Paints. Until FY2022, India relied on imports to meet the demand for butyl acrylate.

Competitive Landscape

The India Butyl Acrylate Market is fragmented, with numerous players serving the market. The key players dominating the India Butyl Acrylate Market include Bharat Petroleum Corporation Limited, BASF, Vizag Chemical, Dhalop Chemicals, Dow, Arkema, Otto Chemie Pvt Ltd, KR Chemicals, and LG Chem. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.

The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Butyl Acrylate Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Butyl Acrylate Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. India Butyl Acrylate Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Growing demand for paints and coatings
3.2.1.2. Increasing demand for adhesives and sealants
3.2.1.3. Expanding construction industry
3.2.1.4. Rising disposable incomes
3.2.2. Restraints
3.2.2.1. Fluctuations in raw material prices
3.2.2.2. Stringent environmental regulations
3.2.2.3. Competition from imports
3.2.3. Opportunities
3.2.3.1. Focus on developing new and innovative applications for butyl acrylate
3.2.3.2. Investments and sustainable development trends
3.2.3.3. Expansion of automotive industry
3.2.4. Challenges
3.2.4.1. Lack of brand awareness
3.2.5. Infrastructure challenges
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. India Butyl Acrylate Market: Marketing Strategies
5. India Butyl Acrylate Market Overview
5.1. Market Size & Forecast, 2019–2030
5.1.1. By Value (USD Million)
5.1.2. By Volume (Thousand Tons)
5.2. Market Share & Forecast
5.2.1. By Product Type
5.2.1.1. I-Butyl Acrylate
5.2.1.2. N-Butyl Acrylate
5.2.1.3. T-Butyl Acrylate
5.2.2. By Purity
5.2.2.1. High Purity
5.2.2.2. Common Purity
5.2.3. By Application
5.2.3.1. Paints & Coatings
5.2.3.2. Adhesives & Sealants
5.2.3.3. Chemical Synthesis
5.2.3.4. Plastic Additives
5.2.3.5. Textiles
5.2.3.6. Others (Including Paper and Pulp, Leather Processing etc.)
5.2.4. By Region
5.2.4.1. North India
5.2.4.2. South India
5.2.4.3. East India
5.2.4.4. West India
6. North India Butyl Acrylate Market
6.1. Market Size & Forecast, 2019–2030
6.1.1. By Value (USD Million)
6.1.2. By Volume (Thousand Tons)
6.2. Market Share & Forecast
6.2.1. By Product Type
6.2.2. By Purity
6.2.3. By Application
7. South India Butyl Acrylate Market
7.1. Market Size & Forecast, 2019–2030
7.1.1. By Value (USD Million)
7.1.2. By Volume (Thousand Tons)
7.2. Market Share & Forecast
7.2.1. By Product Type
7.2.2. By Purity
7.2.3. By Application
8. East India Butyl Acrylate Market
8.1. Market Size & Forecast, 2019–2030
8.1.1. By Value (USD Million)
8.1.2. By Volume (Thousand Tons)
8.2. Market Share & Forecast
8.2.1. By Product Type
8.2.2. By Purity
8.2.3. By Application
9. West India Butyl Acrylate Market
9.1. Market Size & Forecast, 2019–2030
9.1.1. By Value (USD Million)
9.1.2. By Volume (Thousand Tons)
9.2. Market Share & Forecast
9.2.1. By Product Type
9.2.2. By Purity
9.2.3. By Application
10. Competitive Landscape
10.1. List of Key Players and Their Offerings
10.2. India Butyl Acrylate Company Market Share Analysis, 2023
10.3. Competitive Benchmarking, By Operation Channel Parameters
10.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
11. India Butyl Acrylate Market: Import & Export
12. Impact of Escalating Geopolitical Tensions on India Butyl Acrylate Market
13. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
13.1. Bharat Petroleum Corporation Limited
13.2. BASF
13.3. Vizag Chemical
13.4. Dhalop Chemicals
13.5. Dow
13.6. Arkema
13.7. Otto Chemie Pvt Ltd
13.8. KR Chemicals
13.9. LG chem
13.10. Other Prominent Players
14. Key Strategic Recommendations
15. Research Methodology
15.1. Qualitative Research
15.1.1. Primary & Secondary Research
15.2. Quantitative Research
15.3. Market Breakdown & Data Triangulation
15.3.1. Secondary Research
15.3.2. Primary Research
15.4. Breakdown of Primary Research Respondents, By Region
15.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 India Butyl Acrylate Market Segmentation
Figure 2 India Butyl Acrylate Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 India Butyl Acrylate Market Size, By Value (USD Million), 2019–2030
Figure 5 India Butyl Acrylate Market Size, By Volume (Thousand Tons), 2019–2030
Figure 6 India Butyl Acrylate Market Share, By Product Type, By Value (USD Million) 2019–2030
Figure 7 India Butyl Acrylate Market Share, By Product Type, By Volume (Thousand Tons) 2019–2030
Figure 8 India Butyl Acrylate Market Share, By Purity, By Value (USD Million) 2019–2030
Figure 9 India Butyl Acrylate Market Share, By Purity, By Volume (Thousand Tons) 2019–2030
Figure 10 India Butyl Acrylate Market Share, By Application, By Value (USD Million) 2019–2030
Figure 11 India Butyl Acrylate Market Share, By Application, By Volume (Thousand Tons), 2019–2030
Figure 12 India Butyl Acrylate Market Share, By Region, By Value (USD Million) 2019–2030
Figure 13 India Butyl Acrylate Market Share, By Region, By Volume (Thousand Tons) 2019–2030
Figure 14 North India Butyl Acrylate Market Size, By Value (USD Million), 2019–2030
Figure 15 North India Butyl Acrylate Market Size, By Volume (Thousand Tons), 2019–2030
Figure 16 North India Butyl Acrylate Market Share, By Product Type, By Value (USD Million) 2019–2030
Figure 17 North India Butyl Acrylate Market Share, By Product Type, By Volume (Thousand Tons) 2019–2030
Figure 18 North India Butyl Acrylate Market Share, By Purity, By Value (USD Million) 2019–2030
Figure 19 North India Butyl Acrylate Market Share, By Purity, By Volume (Thousand Tons) 2019–2030
Figure 20 North India Butyl Acrylate Market Share, By Application, By Value (USD Million) 2019–2030
Figure 21 North India Butyl Acrylate Market Share, By Application, By Volume (Thousand Tons), 2019–2030
Figure 22 South India Butyl Acrylate Market Size, By Value (USD Million), 2019–2030
Figure 23 South India Butyl Acrylate Market Size, By Volume (Thousand Tons), 2019–2030
Figure 24 South India Butyl Acrylate Market Share, By Product Type, By Value (USD Million) 2019–2030
Figure 25 South India Butyl Acrylate Market Share, By Product Type, By Volume (Thousand Tons) 2019–2030
Figure 26 South India Butyl Acrylate Market Share, By Purity, By Value (USD Million) 2019–2030
Figure 27 South India Butyl Acrylate Market Share, By Purity, By Volume (Thousand Tons) 2019–2030
Figure 28 South India Butyl Acrylate Market Share, By Application, By Value (USD Million) 2019–2030
Figure 29 South India Butyl Acrylate Market Share, By Application, By Volume (Thousand Tons), 2019–2030
Figure 30 East India Butyl Acrylate Market Size, By Value (USD Million), 2019–2030
Figure 31 East India Butyl Acrylate Market Size, By Volume (Thousand Tons), 2019–2030
Figure 32 East India Butyl Acrylate Market Share, By Product Type, By Value (USD Million) 2019–2030
Figure 33 East India Butyl Acrylate Market Share, By Product Type, By Volume (Thousand Tons) 2019–2030
Figure 34 East India Butyl Acrylate Market Share, By Purity, By Value (USD Million) 2019–2030
Figure 35 East India Butyl Acrylate Market Share, By Purity, By Volume (Thousand Tons) 2019–2030
Figure 36 East India Butyl Acrylate Market Share, By Application, By Value (USD Million) 2019–2030
Figure 37 East India Butyl Acrylate Market Share, By Application, By Volume (Thousand Tons), 2019–2030
Figure 38 West India Butyl Acrylate Market Size, By Value (USD Million), 2019–2030
Figure 39 West India Butyl Acrylate Market Size, By Volume (Thousand Tons), 2019–2030
Figure 40 West India Butyl Acrylate Market Share, By Product Type, By Value (USD Million) 2019–2030
Figure 41 West India Butyl Acrylate Market Share, By Product Type, By Volume (Thousand Tons) 2019–2030
Figure 42 West India Butyl Acrylate Market Share, By Purity, By Value (USD Million) 2019–2030
Figure 43 West India Butyl Acrylate Market Share, By Purity, By Volume (Thousand Tons) 2019–2030
Figure 44 West India Butyl Acrylate Market Share, By Application, By Value (USD Million) 2019–2030
Figure 45 West India Butyl Acrylate Market Share, By Application, By Volume (Thousand Tons), 2019–2030
List of Tables
Table 1 India Butyl Acrylate Market Size, By Value (USD Million), 2019–2030
Table 2 India Butyl Acrylate Market Size, By Volume (Thousand Tons), 2019–2030
Table 3 India Butyl Acrylate Market Share, By Product Type, By Value (USD Million) 2019–2030
Table 4 India Butyl Acrylate Market Share, By Product Type, By Volume (Thousand Tons) 2019–2030
Table 5 India Butyl Acrylate Market Share, By Purity, By Value (USD Million) 2019–2030
Table 6 India Butyl Acrylate Market Share, By Purity, By Volume (Thousand Tons) 2019–2030
Table 7 India Butyl Acrylate Market Share, By Application, By Value (USD Million) 2019–2030
Table 8 India Butyl Acrylate Market Share, By Application, By Volume (Thousand Tons), 2019–2030
Table 9 India Butyl Acrylate Market Share, By Region, By Value (USD Million) 2019–2030
Table 10 India Butyl Acrylate Market Share, By Region, By Volume (Thousand Tons) 2019–2030
Table 11 North India Butyl Acrylate Market Size, By Value (USD Million), 2019–2030
Table 12 North India Butyl Acrylate Market Size, By Volume (Thousand Tons), 2019–2030
Table 13 North India Butyl Acrylate Market Share, By Product Type, By Value (USD Million) 2019–2030
Table 14 North India Butyl Acrylate Market Share, By Product Type, By Volume (Thousand Tons) 2019–2030
Table 15 North India Butyl Acrylate Market Share, By Purity, By Value (USD Million) 2019–2030
Table 16 North India Butyl Acrylate Market Share, By Purity, By Volume (Thousand Tons) 2019–2030
Table 17 North India Butyl Acrylate Market Share, By Application, By Value (USD Million) 2019–2030
Table 18 North India Butyl Acrylate Market Share, By Application, By Volume (Thousand Tons), 2019–2030
Table 19 South India Butyl Acrylate Market Size, By Value (USD Million), 2019–2030
Table 20 South India Butyl Acrylate Market Size, By Volume (Thousand Tons), 2019–2030
Table 21 South India Butyl Acrylate Market Share, By Product Type, By Value (USD Million) 2019–2030
Table 22 South India Butyl Acrylate Market Share, By Product Type, By Volume (Thousand Tons) 2019–2030
Table 23 South India Butyl Acrylate Market Share, By Purity, By Value (USD Million) 2019–2030
Table 24 South India Butyl Acrylate Market Share, By Purity, By Volume (Thousand Tons) 2019–2030
Table 25 South India Butyl Acrylate Market Share, By Application, By Value (USD Million) 2019–2030
Table 26 South India Butyl Acrylate Market Share, By Application, By Volume (Thousand Tons), 2019–2030
Table 27 East India Butyl Acrylate Market Size, By Value (USD Million), 2019–2030
Table 28 East India Butyl Acrylate Market Size, By Volume (Thousand Tons), 2019–2030
Table 29 East India Butyl Acrylate Market Share, By Product Type, By Value (USD Million) 2019–2030
Table 30 East India Butyl Acrylate Market Share, By Product Type, By Volume (Thousand Tons) 2019–2030
Table 31 East India Butyl Acrylate Market Share, By Purity, By Value (USD Million) 2019–2030
Table 32 East India Butyl Acrylate Market Share, By Purity, By Volume (Thousand Tons) 2019–2030
Table 33 East India Butyl Acrylate Market Share, By Application, By Value (USD Million) 2019–2030
Table 34 East India Butyl Acrylate Market Share, By Application, By Volume (Thousand Tons), 2019–2030
Table 35 West India Butyl Acrylate Market Size, By Value (USD Million), 2019–2030
Table 36 West India Butyl Acrylate Market Size, By Volume (Thousand Tons), 2019–2030
Table 37 West India Butyl Acrylate Market Share, By Product Type, By Value (USD Million) 2019–2030
Table 38 West India Butyl Acrylate Market Share, By Product Type, By Volume (Thousand Tons) 2019–2030
Table 39 West India Butyl Acrylate Market Share, By Purity, By Value (USD Million) 2019–2030
Table 40 West India Butyl Acrylate Market Share, By Purity, By Volume (Thousand Tons) 2019–2030
Table 41 West India Butyl Acrylate Market Share, By Application, By Value (USD Million) 2019–2030
Table 42 West India Butyl Acrylate Market Share, By Application, By Volume (Thousand Tons), 2019–2030
Table 43 Bharat Petroleum Corporation Limited Company Overview
Table 44 Bharat Petroleum Corporation Limited Financial Overview
Table 45 BASF Company Overview
Table 46 BASF Financial Overview
Table 47 Vizag Chemical Company Overview
Table 48 Vizag Chemical Financial Overview
Table 49 Dhalop Chemicals Company Overview
Table 50 Dhalop Chemicals Financial Overview
Table 51 Dow Company Overview
Table 52 Dow Financial Overview
Table 53 Arkema Company Overview
Table 54 Arkema Financial Overview
Table 55 Otto Chemie Pvt Ltd Company Overview
Table 56 Otto Chemie Pvt Ltd Financial Overview
Table 57 KR Chemicals Company Overview
Table 58 KR Chemicals Financial Overview
Table 59 LG Chem Company Overview
Table 60 LG Chem Financial Overview

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings