Acrylic Esters

Global Acrylic Esters Market to Reach US$13.0 Billion by 2030

The global market for Acrylic Esters estimated at US$9.4 Billion in the year 2024, is expected to reach US$13.0 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2024-2030. Surface Coatings, one of the segments analyzed in the report, is expected to record a 6.5% CAGR and reach US$3.2 Billion by the end of the analysis period. Growth in the Adhesives & Sealants segment is estimated at 4.9% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.5 Billion While China is Forecast to Grow at 9.2% CAGR

The Acrylic Esters market in the U.S. is estimated at US$2.5 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.9 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.7% and 4.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.

Acrylic Esters - Key Trends and Drivers

Acrylic esters, also known as acrylates, are a group of chemicals derived from the esterification of acrylic acid and alcohols. They are fundamental monomers in the production of a wide range of polymers and copolymers, which are essential in numerous industrial and consumer applications. Common acrylic esters include methyl acrylate, ethyl acrylate, butyl acrylate, and 2-ethylhexyl acrylate. These compounds are prized for their excellent clarity, flexibility, and resistance to weathering and UV degradation. Their versatility makes them ideal for use in coatings, adhesives, sealants, textiles, and plastics. In coatings, for instance, acrylic esters provide durability, gloss, and resistance to environmental factors, making them indispensable for automotive and architectural applications. In adhesives and sealants, they offer strong bonding properties and flexibility, making them suitable for demanding applications in construction and packaging industries. Additionally, in the textile industry, acrylic esters are used to enhance fabric properties such as durability, softness, and resistance to chemicals.

The acrylic esters market has evolved significantly over the past few decades, driven by advancements in polymerization technologies and the growing demand from various end-use industries. Innovations in production processes have led to the development of high-performance acrylate-based products with enhanced properties such as improved adhesion, chemical resistance, and lower environmental impact. For example, waterborne acrylic esters are gaining popularity due to their lower volatile organic compound (VOC) emissions compared to traditional solvent-based systems. This shift aligns with stringent environmental regulations aimed at reducing air pollution and protecting public health. The introduction of bio-based acrylic esters, derived from renewable resources, is another notable trend. These bio-based variants not only reduce dependence on fossil fuels but also offer comparable performance characteristics, making them attractive to environmentally conscious consumers and manufacturers. The use of renewable feedstocks in the production of bio-based acrylic esters also contributes to the reduction of the carbon footprint associated with their production and use.

The growth in the acrylic esters market is driven by several factors. Advances in polymerization and production technologies are enhancing the quality and performance of acrylic esters, making them more competitive and expanding their application scope. The increasing demand from end-use industries such as construction, automotive, textiles, and packaging is propelling market growth, as these sectors rely on acrylic esters for their superior properties. For instance, the construction industry uses acrylic esters in paints, coatings, and adhesives due to their durability and resistance to weathering. Similarly, the automotive industry benefits from their use in high-performance coatings that protect vehicles from environmental damage. The shift towards environmentally friendly products is also boosting the market for waterborne and bio-based acrylic esters, as they comply with regulatory standards and meet consumer preferences for sustainable solutions. Additionally, rapid industrialization and urbanization in emerging economies are creating new opportunities for market expansion. Increased investments in infrastructure and manufacturing in regions such as Asia-Pacific and Latin America are driving demand for acrylic ester-based products. Furthermore, strategic collaborations and partnerships among key players in the chemical industry are fostering innovation and enabling the development of new applications and formulations. These collaborations are crucial for addressing the evolving needs of end-users and ensuring the continuous evolution and growth of the acrylic esters market.

SCOPE OF STUDY:

The report analyzes the Acrylic Esters market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Application (Surface Coatings, Adhesives & Sealants, Plastic Additives, Detergents, Textiles)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 11 Featured) -

• Arkema Group
• BASF SE
• Dow Inc.
• Evonik Industries AG
• LG Chem
• Mitsubishi Chemical Holdings Corporation
• Nippon Shokubai Co., Ltd.
• Sasol Ltd.
• Sibur Holding PJSC

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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