Acrylate Market Overview

The global Acrylate market is projected to reach US$ 24.85 Billion by 2035 from US$ 13.28 Billion in 2025. The market is expected to register a CAGR of 6.1% during 2025–2035. This growth is primarily attributed to the increasing demand in the construction industry, where acrylate-based products are extensively used. ​

The Global Acrylate Market industry analysis refers to the industry encompassing the production, distribution, and application of acrylates—chemical compounds derived from acrylic acid and its esters. Acrylates are widely used in various industries due to their excellent durability, adhesion, UV resistance, and flexibility. Acrylates, derived from acrylic acid, are valued for their versatility and desirable properties, including durability, transparency, and resistance to breakage. Acrylates are esters of acrylic acid formed through the reaction of acrylic acid with alcohols. The general chemical structure of acrylates includes a vinyl group (-CH=CH₂) that enables polymerization, making them essential components in coatings, adhesives, textiles, and plastics. In the construction industry, acrylate-based adhesives and sealants are extensively used due to their strong bonding properties and resistance to environmental factors. These materials are crucial in ensuring the longevity and durability of structures, especially in applications like flooring, roofing, and insulation. ​

Acrylate Market Drivers and Opportunities

Growing Demand from the Paints & Coatings Industry is anticipated to lift the Acrylate market during the forecast period

​​The global acrylate market is expected to witness significant growth during the forecast period, primarily driven by the increasing demand from the paints and coatings industry. Acrylates are essential components in various types of paints and coatings, including architectural, automotive, and industrial coatings. They offer excellent properties such as durability, weather resistance, and adhesion, making them ideal for protecting and enhancing the appearance of various surfaces. ​ The construction industry is a major consumer of paints and coatings, and the increasing number of construction projects worldwide is driving the demand for acrylates. The automotive industry also requires high-quality paints and coatings for vehicle exteriors and interiors, which is contributing to the growth of the acrylate market. Environmental regulations are becoming stricter, and there is a growing demand for eco-friendly coatings with low VOC emissions. Acrylates are used in water-based coatings, which are considered more environmentally friendly than solvent-based coatings. Governments worldwide are investing heavily in infrastructure development. For instance, China's ambitious plans to construct 250 million square meters of residential space annually until 2025 to accommodate urban growth significantly boost the demand for paints and coatings.

Shift Towards Water-Based & Eco-Friendly Acrylates is a vital driver for influencing the growth of the global Acrylate market

​The global acrylate market is experiencing significant growth, largely driven by a pronounced shift towards water-based and eco-friendly acrylates. This transition is propelled by stringent environmental regulations, increasing consumer awareness, and technological advancements that favor sustainable products. ​ Governments worldwide are implementing stringent regulations to reduce volatile organic compound (VOC) emissions, which are prevalent in solvent-based coatings. For instance, the U.S. Environmental Protection Agency (EPA) has updated its Recommendations of Specifications, Standards, and Ecolabels for Federal Purchasing to promote products with lower environmental impacts. These guidelines encourage federal agencies to procure sustainable products, thereby fostering the adoption of eco-friendly acrylates. Additionally, the Federal Acquisition Regulation (FAR) mandates that federal purchases align with EPA's sustainability recommendations to the maximum extent practicable. Such policies not only drive demand for water-based acrylates but also set a precedent for private sector procurement practices. There is a growing consumer preference for environmentally friendly products, leading industries to adopt sustainable practices. The paints and coatings sector, a major consumer of acrylates, is increasingly formulating water-based products to meet this demand. Water-based acrylic emulsions offer benefits such as low VOC emissions, enhanced durability, and compliance with environmental standards, making them attractive to both manufacturers and consumers. Advancements in polymer technology have improved the performance characteristics of water-based acrylates, making them viable alternatives to traditional solvent-based products. Innovations have led to enhanced adhesion, faster drying times, and increased resistance to environmental factors, thereby broadening their application across various industries, including construction, automotive, and textiles.

Advancements in Polymer & Coating Technologies is poised to create significant opportunities in the global Acrylate market

​Advancements in polymer and coating technologies are poised to create significant opportunities in the global acrylate market during the forecast period. Acrylates, known for their versatility and superior properties, are integral to various industries, including construction, automotive, packaging, and personal care. The continuous evolution in polymer science and coating methodologies enhances the performance and application scope of acrylate-based products, thereby driving market growth. ​ Innovations in polymer science have led to the development of high-performance acrylic polymers with enhanced characteristics such as improved durability, chemical resistance, and environmental adaptability. These advancements have broadened the use of acrylates in sectors like paints and coatings, adhesives, and sealants. In the coatings industry, the shift towards eco-friendly and sustainable solutions has spurred the adoption of water-based acrylic formulations. These formulations are low in volatile organic compounds (VOCs), aligning with stringent environmental regulations and consumer preferences for greener products. Government policies worldwide are increasingly favoring the development and adoption of advanced polymer and coating technologies. Regulatory frameworks promoting the use of low-VOC and environmentally friendly materials have accelerated research and development in the acrylate sector. For example, the United States has emerged as a key market for acrylic resins, driven by strong demand across construction, automotive, and packaging industries, supported by favorable government policies. ​ The intersection of technological advancements in polymer and coating sciences with supportive government policies is creating a fertile environment for the growth of the global acrylate market.

Acrylate Market Scope

Acrylate Market Report Segmentation Analysis

The Global Acrylate Market industry analysis is segmented into by Product Type, by Grade, by End-use and by Region.

The Methyl Acrylate segment is anticipated to hold the highest share of the global Acrylate market during the projected timeframe.

By Product Type, the Acrylate market is segmented into Methyl acrylate, Ethyl acrylate, Butyl acrylate, 2-ethylhexyl acrylate and Others. Methyl Acrylate holds the largest share, accounting for approximately 32% of the market. Methyl acrylate is extensively used in the production of adhesives, coatings, and sealants, which are vital components in industries such as construction, automotive, and packaging.

The Standard grade segment is anticipated to hold the highest share of the market over the forecast period.

On the basis of Grade, the market is bifurcated into Standard grade, Technical grade, Chemical grade, Pharmaceutical grade. Standard grade held the largest share in the global Acrylate market segment. The expansion of construction activities worldwide has increased the demand for coatings and sealants, where standard-grade acrylates are essential due to their adhesive properties and durability. The automotive sector's growth necessitates high-performance adhesives and coatings, further propelling the demand for standard-grade acrylates. Standard-grade acrylates are employed in textile manufacturing to enhance fabric properties, such as elasticity and resistance to wear, catering to the rising consumer demand for quality textiles.

The Construction segment dominated the market in 2024 and is predicted to grow at the highest CAGR over the forecast period.

In terms of End-use, the Acrylate market is segmented into Construction, Automotive, Packaging, Textile, Paints & coatings, Adhesives & sealants, Personal care and Others. The construction industry holds the highest market share in the global acrylate market. Rapid urbanization and infrastructure projects, especially in emerging economies, drive the demand for acrylate-based products like paints, coatings, and sealants. Acrylates offer excellent adhesion and weather resistance, making them ideal for construction applications.

The following segments are part of an in-depth analysis of the global Acrylate market:

Acrylate Market Share Analysis by Region

North America is projected to hold the largest share of the global Acrylate market over the forecast period.

In 2024, North America accounted for more than 38% of the global acrylate market revenue. This substantial share is attributed to robust demand across industries such as construction, automotive, and healthcare. The region's well-established infrastructure, technological advancements, and a strong focus on innovation contribute to its leadership in acrylate consumption. Additionally, stringent environmental regulations have spurred the adoption of eco-friendly acrylate formulations. ​However, Europe holds a significant share of the global acrylate market, supported by a strong industrial base and a focus on sustainable products. The region's automotive and construction industries are key consumers of acrylate-based materials. Environmental regulations and a shift towards eco-friendly products further influence market dynamics in Europe. Furthermore, The Asia Pacific region is experiencing rapid growth in the acrylate market, driven by factors such as rapid industrialization and urbanization. The growth in various end-use industries, such as construction, automotive, and packaging, has driven the demand for products such as paints, coatings, adhesives, and sealants, which extensively use acrylates. China, with its booming construction and automotive sectors, is expected to boost the market in the region.

Acrylate Market Competition Landscape Analysis

Global acrylate market is marked by robust competition among key players focusing on innovation, strategic expansion, and sustainability. Continuous research and development efforts lead to the introduction of advanced acrylate formulations with improved performance characteristics, catering to evolving industry demands.

Global Acrylate Market Recent Developments News:

Amcor's Acquisition of Berry Global Group: In November 2024, Amcor, an Australian packaging giant, announced its acquisition of Berry Global Group, a leading plastic consumer containers and closures manufacturer, in a scrip merger deal valued at $US8.4 billion. This merger positions Amcor as the largest plastic packaging company globally, enhancing its market reach and capabilities.

Mallard Creek Polymers' New Acrylic Emulsion: In February 2024, Mallard Creek Polymers introduced a new acrylic water-based emulsion designed for functional barrier coatings. This product launch aims to meet the growing demand for eco-friendly and high-performance coating solutions in various industries.