According to a recent research report titled “Acrylate Market (By Product Type: Methyl acrylate, Ethyl acrylate, Butyl acrylate, 2-ethylhexyl acrylate, Others; By Grade: Standard grade, Technical grade, Chemical grade, Pharmaceutical grade; By Application: Adhesives & sealants, Paints & coatings, Textiles, Plastics, Paper & paperboard, Personal care products; By End Use: Construction, Automotive, Packaging, Textile, Paints & coatings, Adhesives & sealants) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032″ published by Precedence Research, the global acrylate market size is projected to touch around USD 19.96 billion by 2032 and growing at a CAGR of 6% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their mpact on the growth of the acrylate market.
Key Takeaways
- The North America region contributed more than 38% of revenue share in 2022.
- Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
- By product type, the methyl acrylate segment has held the largest market share of 32% in 2022.
- By product type, the butyl acrylate segment is anticipated to grow at a remarkable CAGR of 7.5% between 2023 and 2032.
- By grade, the standard grade segment generated over 34% of revenue share in 2022.
- By grade, the chemical grade segment is expected to expand at the fastest CAGR over the projected period.
- By application, the adhesives & sealants segment generated over 25% of revenue share in 2022.
- By application, the personal care products segment is expected to expand at the fastest CAGR over the projected period.
- By end use, the construction imaging segment generated over 35% of revenue share in 2022.
- By end use, the paints & coatings segment is expected to expand at the fastest CAGR over the projected period.
The report primarily focuses on the volume and value of the acrylate market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.
Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.
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The research also highlights significant progressions in both organic and inorganic growth strategies within the global acrylate market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the acrylate market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.
Acrylate Market Scope
Report Coverage | Details |
Growth Rate from 2023 to 2032 | CAGR of 6% |
Market Size in 2023 | USD 11.82 Billion |
Market Size by 2032 | USD 19.96 Billion |
Largest Market | North America |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Product Type, By Grade, By Application, and By End Use |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Also read: Vending Machine Market Size To Grow USD 37.95 Billion by 2032
Major Key Points Covered in Report:
Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.
Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.
Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
Market Key Players
The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the acrylate market.
Acrylate Market Players
- BASF SE
- The Dow Chemical Company
- Arkema S.A.
- Evonik Industries AG
- Mitsubishi Chemical Corporation
- Nippon Shokubai Co., Ltd.
- Sartomer (a part of Arkema)
- H.B. Fuller Company
- Toagosei Co., Ltd.
- Sumitomo Chemical Co., Ltd.
- LG Chem
- DIC Corporation
- Hitachi Chemical Co., Ltd.
- Formosa Plastics Corporation
- Kuraray Co., Ltd.
Segments Covered in the Report
By Product Type
- Methyl acrylate
- Ethyl acrylate
- Butyl acrylate
- 2-ethylhexyl acrylate
- Others
By Grade
- Standard grade
- Technical grade
- Chemical grade
- Pharmaceutical grade
By Application
- Adhesives & sealants
- Paints & coatings
- Textiles
- Plastics
- Paper & paperboard
- Personal care products
- Others
By End Use
- Construction
- Automotive
- Packaging
- Textile
- Paints & coatings
- Adhesives & sealants
- Personal care
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Table of Content:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Acrylate Market
5.1. COVID-19 Landscape: Acrylate Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Acrylate Market, By Product Type
8.1. Acrylate Market Revenue and Volume Forecast, by Product Type, 2023-2032
8.1.1. Methyl acrylate
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Ethyl acrylate
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
8.1.3. Butyl acrylate
8.1.3.1. Market Revenue and Volume Forecast (2020-2032)
8.1.4. 2-ethylhexyl acrylate
8.1.4.1. Market Revenue and Volume Forecast (2020-2032)
8.1.5. Others
8.1.5.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Acrylate Market, By Grade
9.1. Acrylate Market Revenue and Volume Forecast, by Grade, 2023-2032
9.1.1. Standard grade
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Technical grade
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Chemical grade
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Pharmaceutical grade
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Acrylate Market, By Application
10.1. Acrylate Market Revenue and Volume Forecast, by Application, 2023-2032
10.1.1. Adhesives & sealants
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Paints & coatings
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Textiles
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
10.1.4. Plastics
10.1.4.1. Market Revenue and Volume Forecast (2020-2032)
10.1.5. Paper & paperboard
10.1.5.1. Market Revenue and Volume Forecast (2020-2032)
10.1.6. Personal care products
10.1.6.1. Market Revenue and Volume Forecast (2020-2032)
10.1.7. Others
10.1.7.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Acrylate Market, By End Use
11.1. Acrylate Market Revenue and Volume Forecast, by End Use, 2023-2032
11.1.1. Construction
11.1.1.1. Market Revenue and Volume Forecast (2020-2032)
11.1.2. Automotive
11.1.2.1. Market Revenue and Volume Forecast (2020-2032)
11.1.3. Packaging
11.1.3.1. Market Revenue and Volume Forecast (2020-2032)
11.1.4. Textile
11.1.4.1. Market Revenue and Volume Forecast (2020-2032)
11.1.5. Paints & coatings
11.1.5.1. Market Revenue and Volume Forecast (2020-2032)
11.1.6. Adhesives & sealants
11.1.6.1. Market Revenue and Volume Forecast (2020-2032)
11.1.7. Personal care
11.1.7.1. Market Revenue and Volume Forecast (2020-2032)
11.1.8. Others
11.1.8.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 12. Global Acrylate Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.1.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.1.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.1.5.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.1.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.5.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.1.6.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.1.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.1.6.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2. Europe
12.2.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.2.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.2.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.2.5.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.2.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.5.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.2.6.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.2.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.6.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.7. France
12.2.7.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.2.7.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.2.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.7.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.2.8.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.2.8.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.2.8.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3. APAC
12.3.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.3.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.3.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.5. India
12.3.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.3.5.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.3.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.5.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.6. China
12.3.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.3.6.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.3.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.6.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.3.7.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.3.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.7.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.3.8.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.3.8.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.3.8.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4. MEA
12.4.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.4.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.4.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.4.5.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.4.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.5.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.4.6.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.4.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.6.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.4.7.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.4.7.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.7.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.4.8.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.4.8.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.4.8.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.5. Latin America
12.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.5.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.5.5.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.5.5.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.5.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Volume Forecast, by Product Type (2020-2032)
12.5.6.2. Market Revenue and Volume Forecast, by Grade (2020-2032)
12.5.6.3. Market Revenue and Volume Forecast, by Application (2020-2032)
12.5.6.4. Market Revenue and Volume Forecast, by End Use (2020-2032)
Chapter 13. Company Profiles
13.1. BASF SE
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. The Dow Chemical Company
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Arkema S.A.
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Evonik Industries AG
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Mitsubishi Chemical Corporation
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Nippon Shokubai Co., Ltd.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Sartomer (a part of Arkema)
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. H.B. Fuller Company
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Toagosei Co., Ltd.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Sumitomo Chemical Co., Ltd.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Why should you invest in this report?
This report presents a compelling investment opportunity for those interested in the global acrylate market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for acrylate. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.
Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.
Some of the key questions answered in this report:
- What is the size of the overall Acrylate market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities and challenges of the Acrylate market and how they are expected to impact the market?
- What are the attractive investment opportunities within the Acrylate market?
- What is the Acrylate market size at the regional and country-level?
- Who are the key market players and their key competitors?
- What are the strategies for growth adopted by the key players in Acrylate market?
- What are the recent trends in Acrylate market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Acrylate market growth?
- What are the key market trends impacting the growth of Acrylate market?
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