Global Acrylic Acid and Esters Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Acrylic Acid and Esters market size was valued at US$ 11550 million in 2024 and is forecast to a readjusted size of USD 15190 million by 2031 with a CAGR of 2.7% during review period.
Acrylic acid and its esters are vital chemical intermediates that play an indispensable role in the manufacturing of numerous industrial and consumer products. Acrylic acid (C₃H₄O₂) is a colorless liquid with a pungent odor, primarily derived from propylene, a by-product of the petroleum refining process. It is the simplest unsaturated carboxylic acid, characterized by its high reactivity and excellent polymer-forming capability.
Acrylic esters are the derivatives of acrylic acid, formed by reacting acrylic acid with alcohols such as methanol, ethanol, butanol, and 2-ethylhexanol. These esters, such as methyl acrylate, ethyl acrylate, butyl acrylate, and 2-ethylhexyl acrylate, are widely used as monomers in the production of polymers and copolymers. These compounds find applications in adhesives, paints and coatings, textiles, plastics, and superabsorbent polymers (SAPs), among others.
The acrylic acid and esters market is a dynamic segment within the broader chemical industry, driven by growing demand for high-performance materials in construction, automotive, packaging, and personal care sectors. With advancements in manufacturing processes, increasing focus on sustainability, and rising consumer awareness, the market is poised for significant growth in the coming years.
The shift toward sustainable and renewable raw materials is leading to the development of bio-based acrylic acid, derived from biomass sources such as glycerol. This innovation addresses environmental concerns and aligns with global sustainability goals.
Advanced manufacturing techniques, such as catalytic oxidation and energy-efficient processes, are improving the cost-effectiveness and environmental performance of acrylic acid production.
The growing emphasis on green building practices and sustainable consumer products is driving demand for eco-friendly paints, coatings, and adhesives that utilize acrylic esters.
As industries in emerging economies expand, the demand for high-performance materials like acrylic acid and esters is expected to grow, creating new opportunities for market players.
One of the primary drivers of the acrylic acid market is the increasing demand for SAPs, which are primarily used in personal care products such as diapers, sanitary napkins, and adult incontinence products. SAPs exhibit exceptional water-absorbing and retaining capabilities, making them indispensable in hygiene applications. As the global population grows, coupled with an increasing emphasis on healthcare and hygiene, the demand for SAPs and, consequently, acrylic acid, continues to surge.
Acrylic esters, particularly butyl acrylate and 2-ethylhexyl acrylate, are widely used in the production of adhesives and sealants. These materials are essential in industries such as construction, automotive, and electronics, where strong, durable bonds are required. The growth of these industries, driven by rapid urbanization and industrial expansion, is boosting the demand for acrylic esters.
Acrylic acid and its esters are key components in the formulation of paints and coatings, offering properties such as weather resistance, UV stability, and adhesion. The construction and automotive sectors, major consumers of paints and coatings, are witnessing significant growth, particularly in emerging economies. This growth is directly contributing to the expansion of the acrylic acid and esters market.
The global well-known brands in Acrylic Acid and Esters include BASF, DOW, Nippon Shokubai, Akema, Formosa, HUAYI, Satellite, etc. The top three companies account for about 35% of the market. The global Acrylic Acid and ester market is led by Asia Pacific, capturing about 50% of global volume. North America is the second-largest region-wise market with 25% of consumption share.
This report is a detailed and comprehensive analysis for global Acrylic Acid and Esters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Acrylic Acid and Esters market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Acrylic Acid and Esters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Acrylic Acid and Esters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Acrylic Acid and Esters market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Acrylic Acid and Esters
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Acrylic Acid and Esters market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, DOW, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Acrylic Acid and Esters market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Acrylic Acid
Acrylate Esters
Market segment by Application
Coatings Industry
Textile
Oil Exploitation
Pharmacy Industry
Others
Major players covered
BASF
DOW
Nippon Shokubai
Akema
Formosa
LG Chem
Mitsubishi Chem
Toagosei
Sasol
Hexion
Idemitsu Kosan
HUAYI
Satellite
Basf-YPC
Sanmu Group
Shandong Kaitai
CNOOC
Shenyang Chemical
CNPC
Wanhua Chemical
Shandong Nuoer Biological
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Acrylic Acid and Esters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Acrylic Acid and Esters, with price, sales quantity, revenue, and global market share of Acrylic Acid and Esters from 2020 to 2025.
Chapter 3, the Acrylic Acid and Esters competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Acrylic Acid and Esters breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Acrylic Acid and Esters market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Acrylic Acid and Esters.
Chapter 14 and 15, to describe Acrylic Acid and Esters sales channel, distributors, customers, research findings and conclusion.
Acrylic acid and its esters are vital chemical intermediates that play an indispensable role in the manufacturing of numerous industrial and consumer products. Acrylic acid (C₃H₄O₂) is a colorless liquid with a pungent odor, primarily derived from propylene, a by-product of the petroleum refining process. It is the simplest unsaturated carboxylic acid, characterized by its high reactivity and excellent polymer-forming capability.
Acrylic esters are the derivatives of acrylic acid, formed by reacting acrylic acid with alcohols such as methanol, ethanol, butanol, and 2-ethylhexanol. These esters, such as methyl acrylate, ethyl acrylate, butyl acrylate, and 2-ethylhexyl acrylate, are widely used as monomers in the production of polymers and copolymers. These compounds find applications in adhesives, paints and coatings, textiles, plastics, and superabsorbent polymers (SAPs), among others.
The acrylic acid and esters market is a dynamic segment within the broader chemical industry, driven by growing demand for high-performance materials in construction, automotive, packaging, and personal care sectors. With advancements in manufacturing processes, increasing focus on sustainability, and rising consumer awareness, the market is poised for significant growth in the coming years.
The shift toward sustainable and renewable raw materials is leading to the development of bio-based acrylic acid, derived from biomass sources such as glycerol. This innovation addresses environmental concerns and aligns with global sustainability goals.
Advanced manufacturing techniques, such as catalytic oxidation and energy-efficient processes, are improving the cost-effectiveness and environmental performance of acrylic acid production.
The growing emphasis on green building practices and sustainable consumer products is driving demand for eco-friendly paints, coatings, and adhesives that utilize acrylic esters.
As industries in emerging economies expand, the demand for high-performance materials like acrylic acid and esters is expected to grow, creating new opportunities for market players.
One of the primary drivers of the acrylic acid market is the increasing demand for SAPs, which are primarily used in personal care products such as diapers, sanitary napkins, and adult incontinence products. SAPs exhibit exceptional water-absorbing and retaining capabilities, making them indispensable in hygiene applications. As the global population grows, coupled with an increasing emphasis on healthcare and hygiene, the demand for SAPs and, consequently, acrylic acid, continues to surge.
Acrylic esters, particularly butyl acrylate and 2-ethylhexyl acrylate, are widely used in the production of adhesives and sealants. These materials are essential in industries such as construction, automotive, and electronics, where strong, durable bonds are required. The growth of these industries, driven by rapid urbanization and industrial expansion, is boosting the demand for acrylic esters.
Acrylic acid and its esters are key components in the formulation of paints and coatings, offering properties such as weather resistance, UV stability, and adhesion. The construction and automotive sectors, major consumers of paints and coatings, are witnessing significant growth, particularly in emerging economies. This growth is directly contributing to the expansion of the acrylic acid and esters market.
The global well-known brands in Acrylic Acid and Esters include BASF, DOW, Nippon Shokubai, Akema, Formosa, HUAYI, Satellite, etc. The top three companies account for about 35% of the market. The global Acrylic Acid and ester market is led by Asia Pacific, capturing about 50% of global volume. North America is the second-largest region-wise market with 25% of consumption share.
This report is a detailed and comprehensive analysis for global Acrylic Acid and Esters market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Acrylic Acid and Esters market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Acrylic Acid and Esters market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Acrylic Acid and Esters market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2020-2031
Global Acrylic Acid and Esters market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Acrylic Acid and Esters
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Acrylic Acid and Esters market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, DOW, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Acrylic Acid and Esters market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Acrylic Acid
Acrylate Esters
Market segment by Application
Coatings Industry
Textile
Oil Exploitation
Pharmacy Industry
Others
Major players covered
BASF
DOW
Nippon Shokubai
Akema
Formosa
LG Chem
Mitsubishi Chem
Toagosei
Sasol
Hexion
Idemitsu Kosan
HUAYI
Satellite
Basf-YPC
Sanmu Group
Shandong Kaitai
CNOOC
Shenyang Chemical
CNPC
Wanhua Chemical
Shandong Nuoer Biological
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Acrylic Acid and Esters product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Acrylic Acid and Esters, with price, sales quantity, revenue, and global market share of Acrylic Acid and Esters from 2020 to 2025.
Chapter 3, the Acrylic Acid and Esters competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Acrylic Acid and Esters breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Acrylic Acid and Esters market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Acrylic Acid and Esters.
Chapter 14 and 15, to describe Acrylic Acid and Esters sales channel, distributors, customers, research findings and conclusion.
Table of Contents
163 Pages
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