Acrylic Esters Market – Global Industry Analysis and Forecast 2023-2029

Global Acrylic Esters Market was valued at US$ 9.76 Bn in 2022 and expected to reach US$ $ 15.18 Bn by 2029, at a CAGR of 6.5% during the forecast period. The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Acrylic Esters is projected to be the fastest-growing market due to the increasing acceptance of acrylate esters for producing adhesives, synthetic resins, synthetic rubbers, and water-based paints. Acrylic ester is acrylic acid-based polymers used in water-based coating solutions in various applications, such as construction, textiles, adhesives, detergents, and others. It has replaced solvent-based paints and sealants. This has been driving the demand for chemicals in the industry. Oil resistance and high thermal stability are key features of acrylic esters. Its non-toxic nature is responsible for growing adoption in various industries. It is used as building blocks for industrial polymers. The rising construction industry has driven the demand for the acrylate esters market. Demand for coating from the construction industry and expansion of butyl acrylates in China are factors driving the global acrylic ester market. In addition, the slow recovery of the U.S. housing market and variation in raw material prices are hampering growth in the market. Demand for PPMA resins and commercial production of bio-based acrylic acid derivatives are expected to create better opportunities in the market. There is a rising demand for super-absorbent polymers in the market. Butyl acrylate is used as a soft monomer to improve the toughness and temperature properties. Expanding demand of butyl acrylate in the paint and coating industry is driving the growth of the acrylate esters market. Fluctuation in raw material prices is expected to be challenging for the growth of the acrylate esters market. Rising population and construction are the key factors to grow the Acrylic ester market in the Asia Pacific region. Asia-Pacific dominated the global acrylic ester market owing to the high demand for surface coating materials in various industries. Furthermore, rising derivatives' utilization in surfactants, coatings, personal care products, and adhesives will dominate the global market during the forecast period in the Asia Pacific region. The key market companies profiled in Global Acrylic Esters Market Report are Arkema SA, BASF SE, Evonik Industries, LG Chem Ltd., Momentive Specialty Chemicals Inc., Mitsubishi Chemical Holdings Corporation, OJSC Sibur Holding, Sasol Ltd., Nippon Shokubai Co. Limited, and The Dow Chemical Company. The report covers the total market for Acrylic Esters. The analysis in the report is based on the Porter's five forces model. The impact of the different market factors, such as drivers, restraints, and opportunities, challenges, key issues, SWOT analysis, and technology forecasting is also illustrated in the report. This gives an idea about the key drivers, such as high growth and demand in emerging economies countries.

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Acrylic Esters Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 9.76 Bn.
Forecast Period 2023 to 2029 CAGR: 6.5% Market Size in 2029: US $ 15.18 Bn.
Segments Covered: by Product Methyl Acrylate Ethyl Acrylate Butyl Acrylate 2-EH Acrylate
by Type Surface Coatings Adhesives & Sealants Plastic additives Detergents Textiles

Acrylic Esters Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Acrylic Esters Market Key Players:

1. Arkema SA 2. BASF SE 3. Evonik Industries 4. LG Chem Ltd. 5. Momentive Specialty Chemicals Inc. 6. Mitsubishi Chemical Holdings Corporation 7. OJSC Sibur Holding 8. Sasol Ltd. 9. Myriant Corporation 10. The Lubrizol Corporation 11. Basic Acrylic Monomer Manufacturers Inc (BAMM) 12. Paari chem resouces LLP 13. Parchem fine and speciality chemicals 14. Nippon Shokubai Co. Limited, 15. The Dow Chemical Company. Frequently Asked Questions: 1. Which region has the largest share in Global Acrylic Esters Market? Ans: Asia Pacific region holds the highest share in 2022. 2. What is the growth rate of Global Acrylic Esters Market? Ans: The Global Acrylic Esters Market is growing at a CAGR of 6.5% during forecasting period 2023-2029. 3. What is scope of the Global Acrylic Esters market report? Ans: Global Acrylic Esters 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 Esters market? Ans: The important key players in the Global Acrylic Esters Market are – Arkema SA, BASF SE, Evonik Industries, LG Chem Ltd., Momentive Specialty Chemicals Inc., Mitsubishi Chemical Holdings Corporation, OJSC Sibur Holding, Sasol Ltd., 5. What is the study period of this market? Ans: The Global Acrylic Esters Market is studied from 2022 to 2029.
1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Abbreviations 3. Executive Summary 3.1. Global Acrylic Esters Chemicals Market Volume (MT) and Value (US$ Bn), by Region 4. Market Overview 4.1. Introduction 4.2. Market Dynamics 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Challenges 4.3. Market Analysis 4.3.1. Value Chain Analysis 4.3.2. Pricing Analysis 4.3.3. Market Risk analysis 4.3.4. Porter’s Analysis 5. Global Acrylic Esters Chemicals Market Analysis and Forecast 5.1. Global Acrylic Esters Chemicals Market Analysis and Forecast 5.2. Global Acrylic Esters Chemicals Market Size& Y-o-Y Growth Analysis 5.2.1. North America 5.2.2. Europe 5.2.3. Asia Pacific 5.2.4. Middle East & Africa 5.2.5. South America 6. Global Acrylic Esters Chemicals Market Analysis and Forecast, by Type 6.1. Introduction and Definition 6.2. Global Acrylic Esters Chemicals Market Size (US$ Bn) Forecast, by Type 6.3. Global Acrylic Esters Chemicals Market Value Share Analysis, by Type 6.4. Global Acrylic Esters Chemicals Market Attractiveness Analysis, by Type 7. Global Acrylic Esters Chemicals Market Analysis and Forecast, by Application 7.1. Introduction and Definition 7.2. Global Acrylic Esters Chemicals Market Size (US$ Bn) Forecast, by Application 7.3. Global Acrylic Esters Chemicals Market Value Share Analysis, by Application 7.4. Global Acrylic Esters Chemicals Market Attractiveness Analysis, by Application 8. Global Acrylic Esters Chemicals Market Analysis, by Region 8.1. Global Acrylic Esters Chemicals Market Size (US$ Bn) Forecast, by Region 8.2. Global Acrylic Esters Chemicals Market Value Share Analysis, by Region 8.3. Global Acrylic Esters Chemicals Market Attractiveness Analysis, by Region 9. North America Acrylic Esters Chemicals Market Analysis 9.1. North America Acrylic Esters Chemicals Market Overview 9.2. North America Acrylic Esters Chemicals Market Value Share Analysis, by Type 9.3. North America Acrylic Esters Chemicals Market Forecast, by Type 9.3.1. Methyl Acrylate 9.3.2. Ethyl Acrylate 9.3.3. Butyl Acrylate 9.3.4. 2-EH Acrylate 9.4. North America Acrylic Esters Chemicals Market Value Share Analysis, by Application 9.5. North America Acrylic Esters Chemicals Market Forecast, by Application 9.5.1. Surface Coatings 9.5.2. Adhesives & Sealants 9.5.3. Plastic additives 9.5.4. Detergents 9.5.5. Textiles 9.6. North America Acrylic Esters Chemicals Market Value Share Analysis, by Country 9.7. North America Acrylic Esters Chemicals Market Forecast, by Country 9.7.1. U.S 9.7.2. Canada 9.8. North America Acrylic Esters Chemicals Market Analysis, by Country 9.9. U.S. Acrylic Esters Chemicals Market Forecast, by Type 9.9.1. Methyl Acrylate 9.9.2. Ethyl Acrylate 9.9.3. Butyl Acrylate 9.9.4. 2-EH Acrylate 9.10. U.S. Acrylic Esters Chemicals Market Forecast, by Application 9.10.1. Surface Coatings 9.10.2. Adhesives & Sealants 9.10.3. Plastic additives 9.10.4. Detergents 9.10.5. Textiles 9.11. Canada Acrylic Esters Chemicals Market Forecast, by Type 9.11.1. Methyl Acrylate 9.11.2. Ethyl Acrylate 9.11.3. Butyl Acrylate 9.11.4. 2-EH Acrylate 9.12. Canada Acrylic Esters Chemicals Market Forecast, by Application 9.12.1. Surface Coatings 9.12.2. Adhesives & Sealants 9.12.3. Plastic additives 9.12.4. Detergents 9.12.5. Textiles 9.13. North America Acrylic Esters Chemicals Market Attractiveness Analysis 9.13.1. By Type 9.13.2. By Application 9.14. PEST Analysis 9.15. Key Trends 9.16. Key Developments 10. Europe Acrylic Esters Chemicals Market Analysis 10.1. Key Findings 10.2. Europe Acrylic Esters Chemicals Market Overview 10.3. Europe Acrylic Esters Chemicals Market Value Share Analysis, by Type 10.4. Europe Acrylic Esters Chemicals Market Forecast, by Type 10.4.1. Methyl Acrylate 10.4.2. Ethyl Acrylate 10.4.3. Butyl Acrylate 10.4.4. 2-EH Acrylate 10.5. Europe Acrylic Esters Chemicals Market Value Share Analysis, by Application 10.6. Europe Acrylic Esters Chemicals Market Forecast, by Application 10.6.1. Surface Coatings 10.6.2. Adhesives & Sealants 10.6.3. Plastic additives 10.6.4. Detergents 10.6.5. Textiles 10.7. Market Value Share Analysis, by Country 10.8. Europe Acrylic Esters Chemicals Market Forecast, by Country 10.8.1. Germany 10.8.2. U.K. 10.8.3. France 10.8.4. Italy 10.8.5. Spain 10.8.6. Rest of Europe 10.9. Europe Acrylic Esters Chemicals Market Analysis, by Country/ Sub-region 10.10. Germany Acrylic Esters Chemicals Market Forecast, by Type 10.10.1. Methyl Acrylate 10.10.2. Ethyl Acrylate 10.10.3. Butyl Acrylate 10.10.4. 2-EH Acrylate 10.11. Germany Acrylic Esters Chemicals Market Forecast, by Application 10.11.1. Surface Coatings 10.11.2. Adhesives & Sealants 10.11.3. Plastic additives 10.11.4. Detergents 10.11.5. Textiles 10.12. U.K. Acrylic Esters Chemicals Market Forecast, by Type 10.12.1. Methyl Acrylate 10.12.2. Ethyl Acrylate 10.12.3. Butyl Acrylate 10.12.4. 2-EH Acrylate 10.13. U.K. Acrylic Esters Chemicals Market Forecast, by Application 10.13.1. Surface Coatings 10.13.2. Adhesives & Sealants 10.13.3. Plastic additives 10.13.4. Detergents 10.13.5. Textiles 10.14. France Acrylic Esters Chemicals Market Forecast, by Type 10.14.1. Methyl Acrylate 10.14.2. Ethyl Acrylate 10.14.3. Butyl Acrylate 10.14.4. 2-EH Acrylate 10.15. France Acrylic Esters Chemicals Market Forecast, by Application 10.15.1. Surface Coatings 10.15.2. Adhesives & Sealants 10.15.3. Plastic additives 10.15.4. Detergents 10.15.5. Textiles 10.16. Italy Acrylic Esters Chemicals Market Forecast, by Type 10.16.1. Methyl Acrylate 10.16.2. Ethyl Acrylate 10.16.3. Butyl Acrylate 10.16.4. 2-EH Acrylate 10.17. Italy Acrylic Esters Chemicals Market Forecast, by Application 10.17.1. Surface Coatings 10.17.2. Adhesives & Sealants 10.17.3. Plastic additives 10.17.4. Detergents 10.17.5. Textiles 10.18. Spain Acrylic Esters Chemicals Market Forecast, by Type 10.18.1. Methyl Acrylate 10.18.2. Ethyl Acrylate 10.18.3. Butyl Acrylate 10.18.4. 2-EH Acrylate 10.19. Spain Acrylic Esters Chemicals Market Forecast, by Application 10.19.1. Surface Coatings 10.19.2. Adhesives & Sealants 10.19.3. Plastic additives 10.19.4. Detergents 10.19.5. Textiles 10.20. Rest of Europe Acrylic Esters Chemicals Market Forecast, by Type 10.20.1. Methyl Acrylate 10.20.2. Ethyl Acrylate 10.20.3. Butyl Acrylate 10.20.4. 2-EH Acrylate 10.21. Rest of Europe Acrylic Esters Chemicals Market Forecast, by Application 10.21.1. Surface Coatings 10.21.2. Adhesives & Sealants 10.21.3. Plastic additives 10.21.4. Detergents 10.21.5. Textiles 10.22. Europe Acrylic Esters Chemicals Market Attractiveness Analysis 10.22.1. By Type 10.22.2. By Application 10.23. PEST Analysis 10.24. Key Trends 10.25. Key Developments 11. Asia Pacific Acrylic Esters Chemicals Market Analysis 11.1. Key Findings 11.2. Asia Pacific Acrylic Esters Chemicals Market Overview 11.3. Asia Pacific Acrylic Esters Chemicals Market Value Share Analysis, by Type 11.4. Asia Pacific Acrylic Esters Chemicals Market Forecast, by Type 11.4.1. Methyl Acrylate 11.4.2. Ethyl Acrylate 11.4.3. Butyl Acrylate 11.4.4. 2-EH Acrylate 11.5. Asia Pacific Acrylic Esters Chemicals Market Value Share Analysis, by Application 11.6. Asia Pacific Acrylic Esters Chemicals Market Forecast, by Application 11.6.1. Surface Coatings 11.6.2. Adhesives & Sealants 11.6.3. Plastic additives 11.6.4. Detergents 11.6.5. Textiles 11.7. Asia Pacific Acrylic Esters Chemicals Market Value Share Analysis, by Country 11.8. Asia Pacific Acrylic Esters Chemicals Market Forecast, by Country 11.8.1. China 11.8.2. India 11.8.3. Japan 11.8.4. ASEAN 11.8.5. Rest of Asia Pacific 11.9. Asia Pacific Acrylic Esters Chemicals Market Analysis, by Country/ Sub-region 11.10. China Acrylic Esters Chemicals Market Forecast, by Type 11.10.1. Methyl Acrylate 11.10.2. Ethyl Acrylate 11.10.3. Butyl Acrylate 11.10.4. 2-EH Acrylate 11.11. China Acrylic Esters Chemicals Market Forecast, by Application 11.11.1. Surface Coatings 11.11.2. Adhesives & Sealants 11.11.3. Plastic additives 11.11.4. Detergents 11.11.5. Textiles 11.12. India Acrylic Esters Chemicals Market Forecast, by Type 11.12.1. Methyl Acrylate 11.12.2. Ethyl Acrylate 11.12.3. Butyl Acrylate 11.12.4. 2-EH Acrylate 11.13. India Acrylic Esters Chemicals Market Forecast, by Application 11.13.1. Surface Coatings 11.13.2. Adhesives & Sealants 11.13.3. Plastic additives 11.13.4. Detergents 11.13.5. Textiles 11.14. Japan Acrylic Esters Chemicals Market Forecast, by Type 11.14.1. Methyl Acrylate 11.14.2. Ethyl Acrylate 11.14.3. Butyl Acrylate 11.14.4. 2-EH Acrylate 11.15. Japan Acrylic Esters Chemicals Market Forecast, by Application 11.15.1. Surface Coatings 11.15.2. Adhesives & Sealants 11.15.3. Plastic additives 11.15.4. Detergents 11.15.5. Textiles 11.16. ASEAN Acrylic Esters Chemicals Market Forecast, by Type 11.16.1. Methyl Acrylate 11.16.2. Ethyl Acrylate 11.16.3. Butyl Acrylate 11.16.4. 2-EH Acrylate 11.17. ASEAN Acrylic Esters Chemicals Market Forecast, by Application 11.17.1. Surface Coatings 11.17.2. Adhesives & Sealants 11.17.3. Plastic additives 11.17.4. Detergents 11.17.5. Textiles 11.18. Rest of Asia Pacific Acrylic Esters Chemicals Market Forecast, by Type 11.18.1. Methyl Acrylate 11.18.2. Ethyl Acrylate 11.18.3. Butyl Acrylate 11.18.4. 2-EH Acrylate 11.19. Rest of Asia Pacific Acrylic Esters Chemicals Market Forecast, by Application 11.19.1. Surface Coatings 11.19.2. Adhesives & Sealants 11.19.3. Plastic additives 11.19.4. Detergents 11.19.5. Textiles 11.20. Asia Pacific Acrylic Esters Chemicals Market Attractiveness Analysis 11.20.1. By Type 11.20.2. By Application 11.21. PEST Analysis 11.22. Key Trends 11.23. Key Developments 12. Middle East & Africa Acrylic Esters Chemicals Market Analysis 12.1. Key Findings 12.2. Middle East & Africa Acrylic Esters Chemicals Market Overview 12.3. Middle East & Africa Acrylic Esters Chemicals Market Value Share Analysis, by Type 12.4. Middle East & Africa Acrylic Esters Chemicals Market Forecast, by Type 12.4.1. Methyl Acrylate 12.4.2. Ethyl Acrylate 12.4.3. Butyl Acrylate 12.4.4. 2-EH Acrylate 12.5. Middle East & Africa Acrylic Esters Chemicals Market Value Share Analysis, by Application 12.6. Middle East & Africa Acrylic Esters Chemicals Market Forecast, by Application 12.6.1. Surface Coatings 12.6.2. Adhesives & Sealants 12.6.3. Plastic additives 12.6.4. Detergents 12.6.5. Textiles 12.7. Middle East & Africa Acrylic Esters Chemicals Market Value Share Analysis, by Country 12.8. Middle East & Africa Acrylic Esters Chemicals Market Forecast, by Country 12.8.1. GCC 12.8.2. South Africa 12.8.3. Rest of Middle East & Africa 12.9. Middle East & Africa Acrylic Esters Chemicals Market Analysis, by Country/ Sub-region 12.10. GCC Acrylic Esters Chemicals Market Forecast, by Type 12.10.1. Methyl Acrylate 12.10.2. Ethyl Acrylate 12.10.3. Butyl Acrylate 12.10.4. 2-EH Acrylate 12.11. GCC Acrylic Esters Chemicals Market Forecast, by Application 12.11.1. Surface Coatings 12.11.2. Adhesives & Sealants 12.11.3. Plastic additives 12.11.4. Detergents 12.11.5. Textiles 12.12. South Africa Acrylic Esters Chemicals Market Forecast, by Type 12.12.1. Methyl Acrylate 12.12.2. Ethyl Acrylate 12.12.3. Butyl Acrylate 12.12.4. 2-EH Acrylate 12.13. South Africa Acrylic Esters Chemicals Market Forecast, by Application 12.13.1. Surface Coatings 12.13.2. Adhesives & Sealants 12.13.3. Plastic additives 12.13.4. Detergents 12.13.5. Textiles 12.14. Rest of Middle East & Africa Acrylic Esters Chemicals Market Forecast, by Type 12.14.1. Methyl Acrylate 12.14.2. Ethyl Acrylate 12.14.3. Butyl Acrylate 12.14.4. 2-EH Acrylate 12.15. Rest of Middle East & Africa Acrylic Esters Chemicals Market Forecast, by Application 12.15.1. Surface Coatings 12.15.2. Adhesives & Sealants 12.15.3. Plastic additives 12.15.4. Detergents 12.15.5. Textiles 12.16. Middle East & Africa Acrylic Esters Chemicals Market Attractiveness Analysis 12.16.1. By Type 12.16.2. By Application 12.17. PEST Analysis 12.18. Key Trends 12.19. Key Developments 13. South America Acrylic Esters Chemicals Market Analysis 13.1. Key Findings 13.2. South America Acrylic Esters Chemicals Market Overview 13.3. South America Acrylic Esters Chemicals Market Value Share Analysis, by Type 13.4. South America Acrylic Esters Chemicals Market Forecast, by Type 13.4.1. Methyl Acrylate 13.4.2. Ethyl Acrylate 13.4.3. Butyl Acrylate 13.4.4. 2-EH Acrylate 13.5. South America Acrylic Esters Chemicals Market Value Share Analysis, by Application 13.6. South America Acrylic Esters Chemicals Market Forecast, by Application 13.6.1. Surface Coatings 13.6.2. Adhesives & Sealants 13.6.3. Plastic additives 13.6.4. Detergents 13.6.5. Textiles 13.7. South America Acrylic Esters Chemicals Market Value Share Analysis, by Country 13.8. South America Acrylic Esters Chemicals Market Forecast, by Country 13.8.1. Brazil 13.8.2. Mexico 13.8.3. Rest of South America 13.9. South America Acrylic Esters Chemicals Market Analysis, by Country/ Sub-region 13.10. Brazil Acrylic Esters Chemicals Market Forecast, by Type 13.10.1. Methyl Acrylate 13.10.2. Ethyl Acrylate 13.10.3. Butyl Acrylate 13.10.4. 2-EH Acrylate 13.11. Brazil Acrylic Esters Chemicals Market Forecast, by Application 13.11.1. Surface Coatings 13.11.2. Adhesives & Sealants 13.11.3. Plastic additives 13.11.4. Detergents 13.11.5. Textiles 13.12. Mexico Acrylic Esters Chemicals Market Forecast, by Type 13.12.1. Methyl Acrylate 13.12.2. Ethyl Acrylate 13.12.3. Butyl Acrylate 13.12.4. 2-EH Acrylate 13.13. Mexico Acrylic Esters Chemicals Market Forecast, by Application 13.13.1. Surface Coatings 13.13.2. Adhesives & Sealants 13.13.3. Plastic additives 13.13.4. Detergents 13.13.5. Textiles 13.14. Rest of South America Acrylic Esters Chemicals Market Forecast, by Type 13.14.1. Methyl Acrylate 13.14.2. Ethyl Acrylate 13.14.3. Butyl Acrylate 13.14.4. 2-EH Acrylate 13.15. Rest of South America Acrylic Esters Chemicals Market Forecast, by Application 13.15.1. Surface Coatings 13.15.2. Adhesives & Sealants 13.15.3. Plastic additives 13.15.4. Detergents 13.15.5. Textiles 13.16. South America Acrylic Esters Chemicals Market Attractiveness Analysis 13.16.1. By Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. Company Profiles 14.1. Market Share Analysis, by Company 14.2. Competition Matrix 14.3. Company Profiles: Key Players 14.3.1. BASF SE 14.3.1.1. Company Overview 14.3.1.2. Financial Overview 14.3.1.3. Business Strategy 14.3.1.4. Recent Developments 14.3.2. Arkema SA 14.3.3. Evonik Industries 14.3.4. LG Chem Ltd. 14.3.5. Momentive Specialty Chemicals Inc. 14.3.6. Mitsubishi Chemical Holdings Corporation 14.3.7. OJSC Sibur Holding 14.3.8. Sasol Ltd. 14.3.9. Nippon Shokubai Co. Limited, 14.3.10. The Dow Chemical Company. 15. Appendix
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