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市場調查報告書
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1379905

丙烯酸酯市場 - 2018-2028 年全球產業規模、佔有率、趨勢、機會和預測,按化學、最終用戶、地區和競爭細分

Acrylate Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Chemistry, By End User, By Region and Competition

出版日期: | 出版商: TechSci Research | 英文 179 Pages | 商品交期: 2-3個工作天內

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簡介目錄

2022 年全球丙烯酸酯市場價值為 101.2 億美元,預計在預測期內將強勁成長,到 2028 年複合CAGR為5.14%。丙烯酸酯是一種由丙烯酸酯單體組成的多功能化合物,通常由含有乙烯基的酯組成。這些酯是透過丙烯酸與醇反應形成的。丙烯酸酯的一些實例包括丙烯酸乙酯、丙烯酸丁酯、丙烯酸乙基己酯和丙烯酸甲酯。特別是丙烯酸丁酯可用於增強各種聚合物的性能特徵,例如顏色穩定性、耐熱性和低溫軟性。它的重要性在於它對油漆、塑膠、地板拋光劑、黏合劑和不同類型塗料的製造過程的貢獻。

由於噴塗產業和包裝產業對丙烯酸酯的需求不斷增加,預計丙烯酸酯市場將大幅成長。此外,基礎設施改造的需求和可支配收入的增加預計將在未來幾年提振市場。此外,汽車行業的成長和對水性乳液產品的更高需求預計將在預測期內推動市場擴張。此外,生物基丙烯酸的新興商業化為市場提供了機會。然而,值得注意的是,存在某些限制和挑戰,包括與丙烯酸酯相關的健康和環境危害,這可能會阻礙市場的成長前景。

丙烯酸酯市場的一個主要趨勢是,與油基產品相比,消費者對丙烯酸基(水基)乳液的偏好日益成長。這種轉變主要是由水性產品的優勢所推動的,包括乾燥時間短、色牢度、耐磨性和防水性以及環境友善性。此外,水性塗料以其耐久性、極端條件下的穩定性以及不含揮發性有機化合物 (VOC) 而聞名。這些品質使其成為內牆和外牆塗料的理想選擇。

市場概況
預測期 2024-2028
2022 年市場規模 101.2億美元
2028 年市場規模 136億美元
2023-2028 年CAGR 5.14%
成長最快的細分市場 包裝
最大的市場 亞太地區

此外,生物基丙烯酸酯對於丙烯酸酯市場的參與者來說具有巨大的潛力,因為它們提供了產品組合多樣化和增加市場佔有率的機會。這主要是由於與丙烯酸丁酯、丙烯酸2-乙基己酯、丙烯酸甲酯和丙烯酸乙酯等主要丙烯酸酯相關的過敏性皮膚病。生物基變體的可再生性和無毒特性預計將在未來幾年創造大量機會。

主要市場促進因素

汽車產業對丙烯酸酯的需求不斷成長

丙烯酸酯在汽車工業中發揮著至關重要的作用,廣泛用於塗料和黏合劑的生產。這些多功能化合物具有廣泛的優點,例如卓越的附著力、柔韌性和耐候性,使其非常適合各種汽車應用。

建築業對丙烯酸酯的需求不斷成長

丙烯酸酯是一種多功能聚合物,由於其卓越的性能而在建築行業中得到了廣泛的應用。這些聚合物具有優異的附著力、柔韌性和耐候性,使其在各種建築應用中具有無價的價值。

丙烯酸酯廣泛應用的一個突出領域是塗料、密封劑和黏合劑的生產。丙烯酸酯基塗料在保護結構同時增強其美學吸引力方面發揮著至關重要的作用。這些塗層表現出卓越的耐用性,並且高度抵抗紫外線輻射,使其成為外部應用的理想選擇。

類似地,丙烯酸酯基黏合劑和密封劑也常用於建築實踐。這些黏合劑和密封劑具有卓越的黏合強度和靈活性,適用於窗戶密封、地板和麵板黏合等廣泛應用。

建築業正在見證顯著的趨勢,人們越來越重視永續和節能的建築實踐。這一轉變對丙烯酸酯的需求產生了正面影響。例如,基於丙烯酸酯的冷屋頂塗料的使用正在增加。這些塗層反射更多的陽光並吸收更少的熱量,從而降低能源成本,提高室內舒適度並減輕城市熱島效應。

此外,擴大採用場外施工技術刺激了對丙烯酸酯黏合劑和密封劑的需求。這些產品提供堅固耐用的黏合,能夠承受運輸和組裝的嚴酷考驗。

丙烯酸酯市場的未來成長與建築業的發展軌跡密切相關。預計全球建築活動將強勁成長,丙烯酸酯的需求預計將相應增加。

此外,技術的不斷進步和對丙烯酸酯新應用的研究可能會為丙烯酸酯市場創造進一步的成長機會。

總之,建築業對丙烯酸酯不斷成長的需求是全球丙烯酸酯市場的關鍵驅動力。隨著建築實踐的不斷發展,丙烯酸酯的角色必將擴大,推動市場進一步成長。丙烯酸酯的多功能性、耐用性和獨特性能使其在現代建築實踐中不可或缺。

主要市場挑戰

原物料價格波動

從石油中提取的丙烯酸和醇是生產丙烯酸酯的主要原料。這些材料的成本與原油價格的波動密切相關,因此丙烯酸酯製造商密切監控能源市場至關重要。因此,原油價格的任何重大變化都會對丙烯酸酯的生產總成本產生深遠的影響。

原油價格的波動性為丙烯酸酯市場帶來了巨大的挑戰。當原油價格飆升時,丙烯酸酯生產成本上升,對製造商的利潤率造成壓力。相反,原油價格下跌可能導致原物料供應過剩,壓低價格,最終影響丙烯酸酯生產商的收入來源。

此外,不斷變化的原料成本不僅影響當前,也為未來的預測帶來不確定性,阻礙了企業準確預測費用的能力。這反過來又擾亂了預算和策略規劃流程,使企業難以在市場波動中保持穩定成長和獲利能力。

因此,丙烯酸酯市場仍處於不斷變化的狀態,要求在其中營運的企業具有彈性和適應性。透過密切關注原油價格並制定有效管理材料成本的策略,丙烯酸酯製造商可以駕馭錯綜複雜的市場,並為自己的持續成功做好準備。

主要市場趨勢

擴大採用紫外線固化丙烯酸酯

紫外線固化丙烯酸酯是一種反應性樹脂,暴露在紫外線 (UV) 下時會硬化或固化。與傳統丙烯酸酯相比,它們具有許多優勢,包括更快的固化時間、更低的能耗以及不含溶劑,因此更環保。

紫外線固化丙烯酸酯由於其獨特的性能而在各種應用中得到廣泛應用。它們廣泛應用於塗料、黏合劑和油墨等領域。

在塗料產業,紫外線固化丙烯酸酯為從木製家具到汽車零件等產品提供高性能飾面。它們的快速固化時間可以提高生產速度,而其出色的耐用性可確保持久的保護和美觀。此外,紫外線固化丙烯酸酯的多功能性允許開發具有特定性能的塗料,例如耐刮擦或紫外線防護,以滿足不同行業的需求。

同樣,在黏合劑領域,紫外線固化丙烯酸酯可提供卓越的黏合強度和快速固化,這對於電子等快速組裝至關重要的行業尤其有利。紫外線固化丙烯酸酯能夠黏合不同基材(包括塑膠、金屬和玻璃),使其成為各種黏合應用的可靠選擇。

此外,紫外線固化丙烯酸酯在印刷行業中越來越受歡迎,尤其是數位印刷和包裝印刷。它們提供高品質、鮮豔的印刷品,耐髒、耐刮。紫外線固化丙烯酸酯的快速固化特性可實現高效的印刷過程,從而提高生產率並縮短週轉時間。此外,按需固化的能力使它們適合按需印刷應用,在這種應用中,需要立即固化才能滿足緊迫的期限。

紫外線固化丙烯酸酯的日益普及對全球丙烯酸酯市場產生了積極影響。它正在推動創新並鼓勵製造商投資研發,以創造更先進、更有效率的紫外線固化丙烯酸酯。這種持續的改進導致了具有增強性能的新配方的開發,例如改進的靈活性、增強的耐化學性和延長的保存期限。

此外,紫外線固化丙烯酸酯的環境效益符合永續發展和綠色化學的全球趨勢,使其成為許多行業的有吸引力的選擇。紫外線固化丙烯酸酯中不含溶劑,消除了揮發性有機化合物 (VOC) 的排放,有助於打造更健康的工作環境並減少對空氣品質的影響。此外,紫外線固化丙烯酸酯的能源效率有助於減少碳足跡和整體能源消耗。

總之,紫外線固化丙烯酸酯具有廣泛的優勢,並在各個產業中都有應用。它們具有獨特的性能,包括快速固化時間、出色的耐用性和環境效益,使其成為塗料、黏合劑和印刷的寶貴選擇。紫外線固化丙烯酸酯開發過程中的持續創新和對永續性的關注,有助於其日益普及並對全球丙烯酸酯市場產生積極影響。

細分市場洞察

化學見解

根據化學類別,丙烯酸丁酯細分市場將在2022 年成為全球丙烯酸酯市場的主導者。丙烯酸丁酯是一種多功能化合物,廣泛應用於各種應用,例如清潔劑、抗氧化劑、表面活性劑、水性樹脂、彈性體等。這種廣泛的利用推動了丙烯酸酯市場中丙烯酸丁酯部分的成長。

值得注意的是,丙烯酸丁酯是清漆和油漆製造中的關鍵溶劑。例如,根據英國塗料聯合會的數據,2019年油漆和塗料的銷售額總計35.8億美元(32億歐元),數量達到驚人的7.03億公升。同樣,美國塗料協會報告稱,特種用途塗料的價值顯著成長,從 2018 年的 52 億美元增至 2019 年的 54 億美元。這種成長伴隨著數量的增加,特種用途塗料的產量激增從1.57億加侖增加到1.62 億加侖。因此,對丙烯酸丁酯的需求仍然強勁,推動了丙烯酸酯市場的成長。

最終使用者見解

預計包裝部門在預測期內將經歷快速成長。由於黏合劑和密封劑在包裝行業的廣泛使用,丙烯酸酯市場正在經歷顯著成長。丙烯酸酯在這些黏合劑和密封劑產品的生產中起著至關重要的作用。具體來說,丙烯酸乳液黏合劑以其高固含量、優異的黏合和內聚性能以及優異的耐水性而聞名,使其在包裝行業備受追捧。

為了提供進一步的背景資訊,美國森林和造紙協會的最新資料顯示,2021 年4 月包裝紙和特種包裝出貨量顯著成長了4%。包裝行業的這種上升趨勢直接導致了對丙烯酸酯的需求不斷成長,因為它們廣泛用於包裝行業的密封和粘合包裝。

包裝行業的持續成長以及對可靠黏合劑和密封劑不斷成長的需求進一步推動了丙烯酸酯市場的發展,使其成為該行業的關鍵參與者。

區域洞察

2022 年,亞太地區成為全球丙烯酸酯市場的主導者,在價值和數量方面均佔據最大的市場佔有率。丙烯酸酯在黏合劑、密封劑、油漆、塗料和其他相關產品中應用的增加極大地促進了亞太地區丙烯酸酯市場需求的成長。需求的激增可歸因於丙烯酸酯在各行業中的多功能性和有效性。此外,亞太地區對外表和身體美容的認知和意識不斷提高,導致對皮膚護理和護髮產品等個人護理產品的需求增加。

根據歐洲個人護理協會Cosmetics Europe統計,2019年中國、印度、韓國、日本等亞太地區主要國家的化妝品市場規模達到驚人的1233.4億美元。這個令人印象深刻的數字凸顯了該地區為從事丙烯酸酯和個人護理行業的公司提供了巨大的潛力和市場機會。

目錄

第 1 章:產品概述

  • 市場定義
  • 市場範圍
    • 涵蓋的市場
    • 研究年份
    • 主要市場區隔

第 2 章:研究方法

  • 研究目的
  • 基線方法
  • 主要產業夥伴
  • 主要協會和二手資料來源
  • 預測方法
  • 數據三角測量與驗證
  • 假設和限制

第 3 章:執行摘要

  • 市場概況
  • 主要市場細分概述
  • 主要市場參與者概述
  • 重點地區/國家概況
  • 市場促進因素、挑戰、趨勢概述

第 4 章:全球丙烯酸酯市場展望

  • 市場規模及預測
    • 按價值和數量
  • 市佔率及預測
    • 依化學性質(丙烯酸丁酯、丙烯酸乙酯、丙烯酸甲酯、丙烯酸乙酯)
    • 按最終用戶(包裝、消費品、建築、紡織、汽車、其他)
    • 按地區
    • 按公司分類 (2022)
  • 市場地圖
    • 透過化學
    • 按最終用戶
    • 按地區

第 5 章:亞太地區丙烯酸酯市場展望

  • 市場規模及預測
    • 按價值和數量
  • 市佔率及預測
    • 透過化學
    • 按最終用戶
    • 按國家/地區
  • 亞太地區:國家分析
    • 中國丙烯酸酯
    • 印度丙烯酸酯
    • 澳洲丙烯酸酯
    • 日本丙烯酸酯
    • 韓國壓克力

第 6 章:歐洲丙烯酸酯市場展望

  • 市場規模及預測
    • 按價值和數量
  • 市佔率及預測
    • 透過化學
    • 按最終用戶
    • 按國家/地區
  • 歐洲:國家分析
    • 法國
    • 德國
    • 西班牙
    • 義大利
    • 英國

第 7 章:北美丙烯酸酯市場展望

  • 市場規模及預測
    • 按價值和數量
  • 市佔率及預測
    • 透過化學
    • 按最終用戶
    • 按國家/地區
  • 北美:國家分析
    • 美國
    • 墨西哥
    • 加拿大

第 8 章:南美洲丙烯酸酯市場展望

  • 市場規模及預測
    • 按價值和數量
  • 市佔率及預測
    • 透過化學
    • 按最終用戶
    • 按國家/地區
  • 南美洲:國家分析
    • 巴西
    • 阿根廷
    • 哥倫比亞

第 9 章:中東和非洲丙烯酸酯市場展望

  • 市場規模及預測
    • 按價值和數量
  • 市佔率及預測
    • 透過化學
    • 按最終用戶
    • 按國家/地區
  • MEA:國家分析
    • 南非丙烯酸酯
    • 沙烏地阿拉伯丙烯酸酯
    • 阿拉伯聯合大公國丙烯酸酯
    • 埃及丙烯酸酯

第 10 章:市場動態

  • 促進要素
  • 挑戰

第 11 章:市場趨勢與發展

  • 最近的發展
  • 產品發布
  • 併購

第 12 章:全球丙烯酸酯市場:SWOT 分析

第 13 章:波特的五力分析

  • 產業競爭
  • 新進入者的潛力
  • 供應商的力量
  • 客戶的力量
  • 替代產品的威脅

第14章:競爭格局

  • 阿科瑪公司
    • Business Overview
    • Company Snapshot
    • Products & Services
    • Current Capacity Analysis
    • Financials (In case of listed)
    • Recent Developments
    • SWOT Analysis
  • 巴斯夫公司
  • 贏創工業股份公司
  • LG化學有限公司
  • 西布爾國際有限公司
  • 陶氏化學公司
  • 沙索有限公司
  • 三菱化學株式會社
  • 台塑股份有限公司
  • 日本觸媒株式會社

第 15 章:策略建議

第 16 章:關於我們與免責聲明

簡介目錄
Product Code: 2231

Global Acrylate Market has valued at USD10.12 billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.14% through 2028. Acrylate is a versatile compound composed of acrylate monomer, which typically consists of esters containing vinyl groups. These esters are formed through the reaction of acrylic acid with an alcohol. Some examples of acrylates include ethyl acrylate, butyl acrylate, ethyl hexyl acrylate, and methyl acrylate. Butyl acrylate, in particular, is utilized to enhance performance characteristics such as color stability, heat resistance, and low-temperature flexibility in various polymers. Its significance lies in its contribution to the manufacturing processes of paints, plastics, floor polishes, adhesives, and different types of coatings.

The Acrylate Market is projected to witness substantial growth due to the increasing demand for acrylate in the spray coating industry and the packaging industry. Moreover, the need for infrastructural modifications and rising disposable incomes are expected to bolster the market in the coming years. Additionally, the growth in the automotive industry and the higher demand for water-based emulsion products are anticipated to fuel market expansion during the forecasted period. Furthermore, the emerging commercialization of bio-based acrylic acid presents an opportunity for the market. However, it is important to note that there are certain restraints and challenges faced, including health and environmental hazards associated with acrylate, which might hinder the market's growth prospects.

A key trend observed in the Acrylate Market is the growing consumer preference for acrylic-based (water-based) emulsions over oil-based products. This shift is primarily driven by the advantages offered by water-based products, including shorter drying times, color fastness, resistance to wear and water, and their environmental friendliness. Additionally, water-based paints are known for their durability, stability in extreme conditions, and their lack of volatile organic compounds (VOCs). These qualities make them highly desirable for interior and exterior wall coatings.

Market Overview
Forecast Period2024-2028
Market Size 2022USD 10.12 Billion
Market Size 2028USD 13.60 Billion
CAGR 2023-20285.14%
Fastest Growing SegmentPackaging
Largest MarketAsia Pacific

Furthermore, bio-based acrylates hold immense potential for players in the Acrylate Market as they provide an opportunity to diversify their product portfolio and increase market share. This is mainly due to the allergic skin diseases associated with major acrylates such as butyl acrylate, 2-ethylhexyl acrylate, methyl acrylate, and ethyl acrylate. The renewability and non-toxic profile of bio-based variants are expected to create numerous opportunities in the coming years.

Key Market Drivers

Growing Demand of Acrylate in Automotive Industry

Acrylates play a crucial role in the automotive industry, finding extensive use in the production of coatings and adhesives. These versatile compounds offer a wide range of benefits, such as exceptional adhesion, flexibility, and weather resistance, making them highly suitable for various automotive applications.

For instance, automotive coatings made from acrylates not only provide a high-quality finish but also offer durability and corrosion resistance, ensuring the longevity of vehicles. These coatings are utilized both in the interior and exterior applications, encompassing body panels, bumpers, and trim. Furthermore, acrylates find application in the production of adhesive and sealant products, which are vital for vehicle assembly and maintenance.

The growing demand for acrylates in the automotive industry can be attributed to several key trends. The industry's shift towards lighter and more fuel-efficient vehicles has led to an increased reliance on adhesives and sealants made from acrylates. By replacing traditional mechanical fasteners, these materials contribute to reducing vehicle weight, thereby enhancing fuel efficiency.

Additionally, the automotive industry's heightened focus on aesthetics and longevity has fueled the demand for high-quality and durable coatings. Acrylate-based coatings meet these requirements, driving their adoption and further boosting market growth.

Looking ahead, the future of the acrylate market appears promising, particularly due to the anticipated growth in the automotive sector. Technological advancements and evolving consumer preferences are expected to drive the demand for acrylates even further. For instance, the rising popularity of electric vehicles (EVs) presents new opportunities for the acrylate market, as these vehicles require specialized coatings and adhesives.

Furthermore, ongoing research and development activities in the field are likely to result in the creation of more advanced and eco-friendly acrylates. This continuous innovation will not only address environmental concerns but also propel market growth, catering to the changing demands of the automotive industry.

In conclusion, the growing demand for acrylates in the automotive industry serves as a key driver for the global acrylate market. As the automotive sector continues to evolve, driven by advancements in vehicle technology and changing consumer preferences, the acrylate market is poised for further expansion and development.

Growing Demand of Acrylate in Construction Industry

Acrylates, a versatile family of polymers, have gained widespread use in the construction industry due to their exceptional properties. These polymers offer excellent adhesion, flexibility, and resistance to weathering, making them invaluable in various construction applications.

One prominent area where acrylates find extensive application is in the production of coatings, sealants, and adhesives. Acrylate-based coatings play a crucial role in protecting structures while enhancing their aesthetic appeal. These coatings exhibit superior durability and are highly resistant to UV radiation, making them ideal for exterior applications.

Similarly, acrylate-based adhesives and sealants are commonly employed in construction practices. These adhesives and sealants exhibit exceptional bonding strength and flexibility, making them suitable for a wide range of applications including window sealing, flooring, and panel bonding.

The construction industry is witnessing notable trends, with a growing emphasis on sustainable and energy-efficient building practices. This shift has positively impacted the demand for acrylates. For instance, the use of acrylate-based cool roof coatings is on the rise. These coatings reflect more sunlight and absorb less heat, leading to reduced energy costs, improved indoor comfort, and mitigation of the urban heat island effect.

Furthermore, the increasing adoption of off-site construction techniques has fueled the demand for acrylate adhesives and sealants. These products provide strong and durable bonds, capable of withstanding the rigors of transportation and assembly.

The future growth of the acrylate market is closely tied to the trajectory of the construction industry. With forecasts indicating robust growth in construction activities globally, the demand for acrylates is expected to rise correspondingly.

Moreover, ongoing advancements in technology and research into new applications of acrylates are likely to create further growth opportunities for the acrylate market.

In conclusion, the growing demand for acrylates in the construction industry serves as a key driver for the global acrylate market. As construction practices continue to evolve, the role of acrylates is set to expand, driving further growth in the market. The versatility, durability, and unique properties of acrylates make them indispensable in modern construction practices.

Key Market Challenges

Volatility in Prices of Raw Materials

Acrylic acid and alcohol, derived from petroleum, serve as the primary raw materials in the production of acrylates. The cost of these materials is intricately tied to the fluctuations in crude oil prices, making it crucial for acrylate manufacturers to closely monitor the energy market. Consequently, any significant shift in crude oil prices can have a profound impact on the overall cost of producing acrylates.

The volatile nature of crude oil prices poses a formidable challenge to the acrylate market. When crude oil prices surge, the cost of acrylate production escalates, exerting pressure on manufacturers' profit margins. Conversely, a drop in crude oil prices can lead to an oversupply of raw materials, driving down prices and ultimately affecting the revenue streams of acrylate producers.

Moreover, the ever-changing costs of raw materials not only affect the present, but also introduce uncertainty into future projections, hindering companies' ability to accurately forecast expenses. This, in turn, disrupts budgeting and strategic planning processes, making it arduous for businesses to maintain steady growth and profitability amidst market volatility.

As a result, the acrylate market remains in a constant state of flux, demanding the resilience and adaptability of businesses operating within it. By keeping a vigilant eye on crude oil prices and developing strategies to effectively manage material costs, acrylate manufacturers can navigate the intricacies of the market and position themselves for sustained success.

Key Market Trends

Increasing Adoption of UV-Curable Acrylate

UV-curable acrylates are a type of reactive resin that hardens or cures when exposed to ultraviolet (UV) light. They offer numerous advantages over traditional acrylates, including faster curing times, lower energy consumption, and the absence of solvents, making them more environmentally friendly.

UV-curable acrylates find extensive use in various applications due to their unique properties. They are widely used in coatings, adhesives, and inks, among other areas.

In the coatings industry, UV-curable acrylates provide high-performance finishes for products ranging from wood furniture to automotive parts. Their fast-curing times allow for increased production speed, while their excellent durability ensures long-lasting protection and aesthetic appeal. Additionally, the versatility of UV-curable acrylates allows for the development of coatings with specific properties, such as scratch resistance or UV protection, tailored to the needs of different industries.

Similarly, in the adhesives sector, UV-curable acrylates offer superior bonding strength and fast curing, which is particularly beneficial in industries such as electronics where rapid assembly is crucial. The ability of UV-curable acrylates to bond different substrates, including plastics, metals, and glass, makes them a reliable choice for various bonding applications.

Moreover, UV-curable acrylates are becoming increasingly popular in the printing industry, especially for digital and packaging printing. They provide high-quality, vibrant prints that are resistant to smudging and scratching. The fast-curing nature of UV-curable acrylates enables efficient printing processes, allowing for higher productivity and shorter turnaround times. Additionally, the ability to cure on demand makes them suitable for on-demand printing applications, where immediate curing is necessary to meet tight deadlines.

The growing adoption of UV-curable acrylates is having a positive impact on the global acrylate market. It is driving innovation and encouraging manufacturers to invest in research and development to create more advanced and efficient UV-curable acrylates. This continuous improvement leads to the development of new formulations with enhanced properties, such as improved flexibility, increased chemical resistance, and extended shelf life.

Furthermore, the environmental benefits of UV-curable acrylates align with the global trend towards sustainability and green chemistry, making them an appealing choice for many industries. The absence of solvents in UV-curable acrylates eliminates volatile organic compound (VOC) emissions, contributing to a healthier work environment and reducing the impact on air quality. Additionally, the energy efficiency of UV-curable acrylates helps in reducing carbon footprint and overall energy consumption.

In conclusion, UV-curable acrylates offer a wide range of advantages and find applications in various industries. Their unique properties, including fast curing times, excellent durability, and environmental benefits, make them a valuable choice for coatings, adhesives, and printing. The continuous innovation and focus on sustainability in the development of UV-curable acrylates contribute to their growing popularity and positive impact on the global acrylate market.

Segmental Insights

Chemistry Insights

Based on the category of chemistry, the butyl acrylate segment emerged as the dominant player in the global market for Acrylate in 2022. Butyl acrylate, a versatile compound, finds extensive use across various applications such as cleaning agents, antioxidants, surfactants, aqueous resins, elastomers, and more. This widespread utilization has propelled the growth of the butyl acrylate segment in the Acrylate Market.

Notably, butyl acrylate serves as a crucial solvent in the manufacturing of lacquers and paints. For instance, according to the British Coatings Federation, the sales value of paints and coatings in 2019 totaled US$3.58 billion (EURO 3.2 billion), with a staggering quantity of 703 million liters. Similarly, the American Coatings Association reports a noteworthy increase in the value of special purpose coatings, rising from US$5.2 billion in 2018 to US$5.4 billion in 2019. This growth is accompanied by an increase in volume, with the production of special purpose coatings surging from 157 million gallons to 162 million gallons. Consequently, the demand for butyl acrylate remains strong, driving the growth of the Acrylate Market.

End User Insights

The Packaging segment is projected to experience rapid growth during the forecast period. Due to the widespread use of adhesives and sealants in the packaging industry, the Acrylate Market is experiencing significant growth. Acrylates play a crucial role in the production of these adhesive and sealant products. Specifically, acrylic emulsion adhesives are known for their high solids content, excellent adhesion and cohesion properties, and superior water resistance, making them highly sought after in the packaging industry.

To provide further context, recent data from the American Forest and Paper Association reveals a notable increase of 4% in packaging paper and specialty packaging shipments during April 2021. This upward trend in the packaging industry directly contributes to the rising demand for acrylates, as they are extensively utilized for sealing and bonding packages in the packing industry.

The continuous growth in the packaging sector and the ever-increasing demand for reliable adhesives and sealants further propel the Acrylate Market, making it a key player in the industry.

Regional Insights

Asia Pacific emerged as the dominant player in the Global Acrylate Market in 2022, holding the largest market share in terms of both value and volume. The increase in the application of acrylates in adhesives, sealants, painting, coatings, and other related products has significantly contributed to the growing demand for the Acrylate Market in the Asia Pacific region. This surge in demand can be attributed to the versatility and effectiveness of acrylates in various industries. Additionally, the Asia-Pacific region has witnessed a rise in awareness and consciousness about physical appearances and body grooming, leading to an increased demand for personal care products such as skin care and hair care products.

According to Cosmetics Europe, the personal care association in Europe, the cosmetics market in major countries like China, India, South Korea, and Japan in the Asia-Pacific region amounted to a staggering US$123.34 billion in the year 2019. This impressive figure highlights the immense potential and market opportunities available in the region for companies operating in the acrylate and personal care industries.

Key Market Players

  • Arkema SA
  • BASF SE
  • Evonik Industries AG
  • LG Chem Ltd.
  • SIBUR International GmbH
  • The DOW Chemical Company
  • Sasol Limited
  • Mitsubishi Chemical Corporation
  • Formosa Plastics Corporation
  • Nippon Shokubai Co., Ltd

Report Scope:

In this report, the Global Acrylate Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Acrylate Market, By Chemistry:

  • Butyl Acrylate
  • Ethyl Hexyl Acrylate
  • Methyl Acrylate
  • Ethyl Acrylate

Acrylate Market, By End User:

  • Packaging
  • Consumer Goods
  • Building & Construction
  • Textile
  • Automotive
  • Others

Acrylate Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey
  • Egypt

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Acrylate Market.

Available Customizations:

  • Global Acrylate Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study
    • 1.2.3. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validation
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Overview of the Market
  • 3.2. Overview of Key Market Segmentations
  • 3.3. Overview of Key Market Players
  • 3.4. Overview of Key Regions/Countries
  • 3.5. Overview of Market Drivers, Challenges, Trends

4. Global Acrylate Market Outlook

  • 4.1. Market Size & Forecast
    • 4.1.1. By Value & Volume
  • 4.2. Market Share & Forecast
    • 4.2.1. By Chemistry (Butyl Acrylate, Ethyl Hexyl Acrylate, Methyl Acrylate, Ethyl Acrylate)
    • 4.2.2. By End User (Packaging, Consumer Goods, Building & Construction, Textile, Automotive, Others)
    • 4.2.3. By Region
    • 4.2.4. By Company (2022)
  • 4.3. Market Map
    • 4.3.1. By Chemistry
    • 4.3.2. By End User
    • 4.3.3. By Region

5. Asia Pacific Acrylate Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value & Volume
  • 5.2. Market Share & Forecast
    • 5.2.1. By Chemistry
    • 5.2.2. By End User
    • 5.2.3. By Country
  • 5.3. Asia Pacific: Country Analysis
    • 5.3.1. China Acrylate Market Outlook
      • 5.3.1.1. Market Size & Forecast
        • 5.3.1.1.1. By Value & Volume
      • 5.3.1.2. Market Share & Forecast
        • 5.3.1.2.1. By Chemistry
        • 5.3.1.2.2. By End User
    • 5.3.2. India Acrylate Market Outlook
      • 5.3.2.1. Market Size & Forecast
        • 5.3.2.1.1. By Value & Volume
      • 5.3.2.2. Market Share & Forecast
        • 5.3.2.2.1. By Chemistry
        • 5.3.2.2.2. By End User
    • 5.3.3. Australia Acrylate Market Outlook
      • 5.3.3.1. Market Size & Forecast
        • 5.3.3.1.1. By Value & Volume
      • 5.3.3.2. Market Share & Forecast
        • 5.3.3.2.1. By Chemistry
        • 5.3.3.2.2. By End User
    • 5.3.4. Japan Acrylate Market Outlook
      • 5.3.4.1. Market Size & Forecast
        • 5.3.4.1.1. By Value & Volume
      • 5.3.4.2. Market Share & Forecast
        • 5.3.4.2.1. By Chemistry
        • 5.3.4.2.2. By End User
    • 5.3.5. South Korea Acrylate Market Outlook
      • 5.3.5.1. Market Size & Forecast
        • 5.3.5.1.1. By Value & Volume
      • 5.3.5.2. Market Share & Forecast
        • 5.3.5.2.1. By Chemistry
        • 5.3.5.2.2. By End User

6. Europe Acrylate Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value & Volume
  • 6.2. Market Share & Forecast
    • 6.2.1. By Chemistry
    • 6.2.2. By End User
    • 6.2.3. By Country
  • 6.3. Europe: Country Analysis
    • 6.3.1. France Acrylate Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value & Volume
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Chemistry
        • 6.3.1.2.2. By End User
    • 6.3.2. Germany Acrylate Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value & Volume
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Chemistry
        • 6.3.2.2.2. By End User
    • 6.3.3. Spain Acrylate Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value & Volume
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Chemistry
        • 6.3.3.2.2. By End User
    • 6.3.4. Italy Acrylate Market Outlook
      • 6.3.4.1. Market Size & Forecast
        • 6.3.4.1.1. By Value & Volume
      • 6.3.4.2. Market Share & Forecast
        • 6.3.4.2.1. By Chemistry
        • 6.3.4.2.2. By End User
    • 6.3.5. United Kingdom Acrylate Market Outlook
      • 6.3.5.1. Market Size & Forecast
        • 6.3.5.1.1. By Value & Volume
      • 6.3.5.2. Market Share & Forecast
        • 6.3.5.2.1. By Chemistry
        • 6.3.5.2.2. By End User

7. North America Acrylate Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value & Volume
  • 7.2. Market Share & Forecast
    • 7.2.1. By Chemistry
    • 7.2.2. By End User
    • 7.2.3. By Country
  • 7.3. North America: Country Analysis
    • 7.3.1. United States Acrylate Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value & Volume
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Chemistry
        • 7.3.1.2.2. By End User
    • 7.3.2. Mexico Acrylate Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value & Volume
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Chemistry
        • 7.3.2.2.2. By End User
    • 7.3.3. Canada Acrylate Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value & Volume
      • 7.3.3.2. Market Share & Forecast
        • 7.3.3.2.1. By Chemistry
        • 7.3.3.2.2. By End User

8. South America Acrylate Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value & Volume
  • 8.2. Market Share & Forecast
    • 8.2.1. By Chemistry
    • 8.2.2. By End User
    • 8.2.3. By Country
  • 8.3. South America: Country Analysis
    • 8.3.1. Brazil Acrylate Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value & Volume
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Chemistry
        • 8.3.1.2.2. By End User
    • 8.3.2. Argentina Acrylate Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value & Volume
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Chemistry
        • 8.3.2.2.2. By End User
    • 8.3.3. Colombia Acrylate Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value & Volume
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Chemistry
        • 8.3.3.2.2. By End User

9. Middle East and Africa Acrylate Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value & Volume
  • 9.2. Market Share & Forecast
    • 9.2.1. By Chemistry
    • 9.2.2. By End User
    • 9.2.3. By Country
  • 9.3. MEA: Country Analysis
    • 9.3.1. South Africa Acrylate Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value & Volume
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Chemistry
        • 9.3.1.2.2. By End User
    • 9.3.2. Saudi Arabia Acrylate Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value & Volume
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Chemistry
        • 9.3.2.2.2. By End User
    • 9.3.3. UAE Acrylate Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value & Volume
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Chemistry
        • 9.3.3.2.2. By End User
    • 9.3.4. Egypt Acrylate Market Outlook
      • 9.3.4.1. Market Size & Forecast
        • 9.3.4.1.1. By Value & Volume
      • 9.3.4.2. Market Share & Forecast
        • 9.3.4.2.1. By Chemistry
        • 9.3.4.2.2. By End User

10. Market Dynamics

  • 10.1. Drivers
  • 10.2. Challenges

11. Market Trends & Developments

  • 11.1. Recent Developments
  • 11.2. Product Launches
  • 11.3. Mergers & Acquisitions

12. Global Acrylate Market: SWOT Analysis

13. Porter's Five Forces Analysis

  • 13.1. Competition in the Industry
  • 13.2. Potential of New Entrants
  • 13.3. Power of Suppliers
  • 13.4. Power of Customers
  • 13.5. Threat of Substitute Product

14. Competitive Landscape

  • 14.1. Arkema SA
    • 14.1.1. Business Overview
    • 14.1.2. Company Snapshot
    • 14.1.3. Products & Services
    • 14.1.4. Current Capacity Analysis
    • 14.1.5. Financials (In case of listed)
    • 14.1.6. Recent Developments
    • 14.1.7. SWOT Analysis
  • 14.2. BASF SE
  • 14.3. Evonik Industries AG
  • 14.4. LG Chem Ltd.
  • 14.5. SIBUR International GmbH
  • 14.6. The DOW Chemical Company
  • 14.7. Sasol Limited
  • 14.8. Mitsubishi Chemical Corporation
  • 14.9. Formosa Plastics Corporation
  • 14.10. Nippon Shokubai Co., Ltd

15. Strategic Recommendations

16. About Us & Disclaimer