Global Acrylic Elastomers Market size was valued at US$ 928.49 Mn in 2022 and the total revenue is expected to grow at 9.1 % through 2023 to 2029, reaching nearly US$ 1708.2 Mn. The global Acrylic Elastomers market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Acrylic Elastomers report also provides trends by market segments, technology, and investment with a competitive landscape.Global Acrylic Elastomers Market Overview:
Acrylic elastomers are oil resistant and heat resistant. Initially, its usage was limited to vulcanized applications but now it can also be used for automobile packaging and oil seals.To know about the Research Methodology :- Request Free Sample Report
Global Acrylic Elastomers Market Dynamics:
The growing application of acrylic elastomers in turbocharged engines and the application of acrylic elastomers in various sectors are driving factors for market growth. Acrylic elastomers with properties of high thermal stability and higher chemical resistant will boost market growth during the forecast period. Rising investment in the automotive industry and technological advancement with innovation of new products creates lucrative opportunities for the market. Government stringent regulations and the high price of raw materials are restraining factors for the market whereas availability of substitute with low cost is the challenging factor for the market.Global Acrylic Elastomers Market Segment Analysis:
By Type, the acrylic elastomers market is bifurcated into Acrylic Co-monomer Elastomer/ACM & Ethylene Acrylic Elastomers/AEM. The Acrylic Co-monomer Elastomer segment held the largest share of the acrylic elastomers market in 2022 and is expected to grow during the forecast period thanks to increasing demand for ACM in the Asia Pacific region. By End-Use Industry, the market is bifurcated into automotive, construction, industrial. The automotive end-use industry segment accounted for the largest share of the acrylic elastomers market in 2022. Increasing use of acrylic elastomers to develop under-the-hood automotive components are expected to propel the demand of the automotive end-use industry segment. An increase in automobile production worldwide is fueling the growth of the automotive end-use industry segment of the acrylic elastomers marketGlobal Acrylic Elastomers Market Regional Insights:
Asia Pacific is dominating the Acrylic Elastomers Market
Asia Pacific dominates market with the share xx% of the acrylic elastomers market in 2022 thanks to the growth in the production of automobiles in the economies including India, China, Indonesia, and among others. Increased automobile production ultimately drives the demand for acrylic elastomers in the Asia Pacific, as acrylic elastomers are adopted among automotive industry to develop under-the-hood automotive components.North America is expected to be the second-largest Acrylic Elastomers Market
North America is also expected to grow at a CAGR xx% during the forecasted period 2023-2029. Factors like the growing automobile industry and expansion in the application of paints and coatings in the region are driving the acrylic elastomers' demand. The objective of the report is to present a comprehensive analysis of the Global market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global market dynamics, structure by analyzing the market segments and project the Global market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global market make the report investor’s guide.Global Acrylic Elastomers Market Scope:Inquire before buying
Global Acrylic Elastomers Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 928.49 Mn. Forecast Period 2023 to 2029 CAGR: 9.1% Market Size in 2029: US $ 1708.2 Mn. Segments Covered: by Type Acrylic Co-monomer Elastomer/ACM Ethylene Acrylic Elastomers/AEM by End-Use Industry Automotive Construction Industrial Global Acrylic Elastomers Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Global Acrylic Elastomers Market, Key Players are
1. BASF SE 2. DowDuPont 3. The Dow Chemical Company 4. Zeon Corporation 5. NOK CORPORATION 6. Trelleborg AB 7. DER-GOM 8. Denka Company Limited 9. CHENGDU DOWHON INDUSTRY CO., LTD 10. Kuraray Co., Ltd. 11. H.B. Fuller 12. Eastman Chemical Company 13. ExxonMobil Corporation 14. ARKEMA 15. NOK CORPORATION 16. Changzou Haiba Ltd. 17. Seal & Design Inc. 18. Paromak 19. Air Products and Chemicals, Inc. 20. NIPPON SHOKUBAI CO. LTD. 21. Mitsubishi Chemical Holdings Corporation 22. Celanese Corporation 23. LG Chem 24. Denka Company Limited Frequently Asked Questions: 1. Which region has the largest share in Global Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Market? Ans: The Global Market is growing at a CAGR of 9.1% during forecasting period 2023-2029. 3. What is scope of the Global Market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Acrylic Elastomers Market? Ans: The important key players in the Global Acrylic Elastomers Market are – BASF SE, DowDuPont, The Dow Chemical Company, Zeon Corporation, NOK CORPORATION, Trelleborg AB, DER-GOM, Denka Company Limited, CHENGDU DOWHON INDUSTRY CO., LTD, Kuraray Co., Ltd., H.B. Fuller, Eastman Chemical Company, ExxonMobil Corporation, ARKEMA, NOK CORPORATION, Changzou Haiba Ltd., Seal & Design Inc., Paromak, Air Products and Chemicals, Inc., NIPPON SHOKUBAI CO. LTD., Mitsubishi Chemical Holdings Corporation, Celanese Corporation, LG Chem, Denka Company Limited. 5. What is the study period of this Market? Ans: The Global Market is studied from 2022 to 2029.
1. Acrylic Elastomers Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Acrylic Elastomers Market: Dynamics 2.1. Acrylic Elastomers Market Trends by Region 2.1.1. North America Acrylic Elastomers Market Trends 2.1.2. Europe Acrylic Elastomers Market Trends 2.1.3. Asia Pacific Acrylic Elastomers Market Trends 2.1.4. Middle East and Africa Acrylic Elastomers Market Trends 2.1.5. South America Acrylic Elastomers Market Trends 2.2. Acrylic Elastomers Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Acrylic Elastomers Market Drivers 2.2.1.2. North America Acrylic Elastomers Market Restraints 2.2.1.3. North America Acrylic Elastomers Market Opportunities 2.2.1.4. North America Acrylic Elastomers Market Challenges 2.2.2. Europe 2.2.2.1. Europe Acrylic Elastomers Market Drivers 2.2.2.2. Europe Acrylic Elastomers Market Restraints 2.2.2.3. Europe Acrylic Elastomers Market Opportunities 2.2.2.4. Europe Acrylic Elastomers Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Acrylic Elastomers Market Drivers 2.2.3.2. Asia Pacific Acrylic Elastomers Market Restraints 2.2.3.3. Asia Pacific Acrylic Elastomers Market Opportunities 2.2.3.4. Asia Pacific Acrylic Elastomers Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Acrylic Elastomers Market Drivers 2.2.4.2. Middle East and Africa Acrylic Elastomers Market Restraints 2.2.4.3. Middle East and Africa Acrylic Elastomers Market Opportunities 2.2.4.4. Middle East and Africa Acrylic Elastomers Market Challenges 2.2.5. South America 2.2.5.1. South America Acrylic Elastomers Market Drivers 2.2.5.2. South America Acrylic Elastomers Market Restraints 2.2.5.3. South America Acrylic Elastomers Market Opportunities 2.2.5.4. South America Acrylic Elastomers Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Acrylic Elastomers Industry 2.8. Analysis of Government Schemes and Initiatives For Acrylic Elastomers Industry 2.9. Acrylic Elastomers Market Trade Analysis 2.10. The Global Pandemic Impact on Acrylic Elastomers Market 3. Acrylic Elastomers Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 3.1.1. Acrylic Co-monomer Elastomer/ACM 3.1.2. Ethylene Acrylic Elastomers/AEM 3.2. Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 3.2.1. Automotive 3.2.2. Construction 3.2.3. Industrial 3.3. Acrylic Elastomers Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Acrylic Elastomers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 4.1.1. Acrylic Co-monomer Elastomer/ACM 4.1.2. Ethylene Acrylic Elastomers/AEM 4.2. North America Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 4.2.1. Automotive 4.2.2. Construction 4.2.3. Industrial 4.3. North America Acrylic Elastomers Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 4.3.1.1.1. Acrylic Co-monomer Elastomer/ACM 4.3.1.1.2. Ethylene Acrylic Elastomers/AEM 4.3.1.2. United States Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 4.3.1.2.1. Automotive 4.3.1.2.2. Construction 4.3.1.2.3. Industrial 4.3.2. Canada 4.3.2.1. Canada Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 4.3.2.1.1. Acrylic Co-monomer Elastomer/ACM 4.3.2.1.2. Ethylene Acrylic Elastomers/AEM 4.3.2.2. Canada Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 4.3.2.2.1. Automotive 4.3.2.2.2. Construction 4.3.2.2.3. Industrial 4.3.3. Mexico 4.3.3.1. Mexico Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 4.3.3.1.1. Acrylic Co-monomer Elastomer/ACM 4.3.3.1.2. Ethylene Acrylic Elastomers/AEM 4.3.3.2. Mexico Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 4.3.3.2.1. Automotive 4.3.3.2.2. Construction 4.3.3.2.3. Industrial 5. Europe Acrylic Elastomers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 5.2. Europe Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 5.3. Europe Acrylic Elastomers Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 5.3.1.2. United Kingdom Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 5.3.2. France 5.3.2.1. France Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 5.3.2.2. France Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 5.3.3.2. Germany Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 5.3.4.2. Italy Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 5.3.5.2. Spain Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 5.3.6.2. Sweden Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 5.3.7.2. Austria Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 5.3.8.2. Rest of Europe Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6. Asia Pacific Acrylic Elastomers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.2. Asia Pacific Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6.3. Asia Pacific Acrylic Elastomers Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.3.1.2. China Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.3.2.2. S Korea Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.3.3.2. Japan Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6.3.4. India 6.3.4.1. India Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.3.4.2. India Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.3.5.2. Australia Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.3.6.2. Indonesia Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.3.7.2. Malaysia Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.3.8.2. Vietnam Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.3.9.2. Taiwan Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 6.3.10.2. Rest of Asia Pacific Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 7. Middle East and Africa Acrylic Elastomers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 7.2. Middle East and Africa Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 7.3. Middle East and Africa Acrylic Elastomers Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 7.3.1.2. South Africa Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 7.3.2.2. GCC Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 7.3.3.2. Nigeria Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 7.3.4.2. Rest of ME&A Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 8. South America Acrylic Elastomers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 8.2. South America Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 8.3. South America Acrylic Elastomers Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 8.3.1.2. Brazil Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 8.3.2.2. Argentina Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Acrylic Elastomers Market Size and Forecast, by Type (2022-2029) 8.3.3.2. Rest Of South America Acrylic Elastomers Market Size and Forecast, by End-Use Industry (2022-2029) 9. Global Acrylic Elastomers Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Acrylic Elastomers Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. BASF SE 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. DowDuPont 10.3. The Dow Chemical Company 10.4. Zeon Corporation 10.5. NOK CORPORATION 10.6. Trelleborg AB 10.7. DER-GOM 10.8. Denka Company Limited 10.9. CHENGDU DOWHON INDUSTRY CO., LTD 10.10. Kuraray Co., Ltd. 10.11. H.B. Fuller 10.12. Eastman Chemical Company 10.13. ExxonMobil Corporation 10.14. ARKEMA 10.15. NOK CORPORATION 10.16. Changzou Haiba Ltd. 10.17. Seal & Design Inc. 10.18. Paromak 10.19. Air Products and Chemicals, Inc. 10.20. NIPPON SHOKUBAI CO. LTD. 10.21. Mitsubishi Chemical Holdings Corporation 10.22. Celanese Corporation 10.23. LG Chem 10.24. Denka Company Limited 11. Key Findings 12. Industry Recommendations 13. Acrylic Elastomers Market: Research Methodology 14. Terms and Glossary