Press release
At a CAGR of 6.2%, Acrylic Acid Esters Market is Anticipated to Reach USD 16.5 billion by 2034: Transparency Market Research, Inc
The acrylic acid esters market is growing due to its extensive use in producing adhesives, paints, coatings, textiles, and superabsorbent polymers. Acrylic acid esters, also known as acrylates, are versatile chemical compounds derived from acrylic acid and alcohols. Their excellent adhesion, flexibility, and water resistance properties make them essential in various industrial and consumer applications.Acrylic acid esters are esters formed by reacting acrylic acid with alcohols like methanol, ethanol, or butanol. Common types include methyl acrylate, ethyl acrylate, butyl acrylate, and 2-ethylhexyl acrylate. These compounds are widely used in the production of water-based emulsions, adhesives, and coatings, providing excellent performance characteristics for diverse end-use industries. It is estimated to grow at a CAGR of 6.2% from 2024 to 2034 and reach US$ 16.5 Bn by the end of 2034.
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Top Companies:
Arkema
BASF SE
TOAGOSEI CO., LTD.
Sinochem Holdings Corporation Ltd.
LG Chem Ltd.
Mitsubishi Chemical Group Corporation
NIPPON SHOKUBAI CO., LTD.
Dow
Key Market Drivers
Growth in the Paints and Coatings Industry: Rising demand for decorative and protective coatings supports the use of acrylic acid esters.
Expansion of Adhesives and Sealants Applications: Increased usage in automotive, construction, and packaging sectors boosts demand.
Rising Demand for Superabsorbent Polymers: Use in hygiene products such as diapers and sanitary pads drives the consumption of acrylic esters.
Shift Toward Water-Based Solutions: Growing preference for low-VOC and eco-friendly formulations increases the adoption of acrylic acid esters.
Recent Developments
Innovations in Emulsion Polymers: Development of high-performance water-based emulsions using acrylic esters.
Bio-Based Acrylates: Rising production of bio-derived acrylic esters to meet sustainability goals.
Regional Market Expansion: Increased production capacity in Asia-Pacific to cater to rising industrial and consumer demand.
Advanced Coatings Technologies: Introduction of durable and weather-resistant coatings with improved performance properties.
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Key Segmentation:
By Type
Butyl Acrylate (BA)
Methyl Acrylate (MA)
Ethyl Acrylate (EA)
2-Ethylhexyl Acrylate (2-EHA)
Others
By Application
Adhesives & Sealants
Coatings
Plastic Additives
Paper Coatings
Textile Processing
Others
By End-use
Building & Construction
Automotive
Paints & Coatings
Paper & Packaging
Textile
Plastic Manufacturing
Others
By Region
North America
Europe
Asia Pacific
Middle East & Africa
South America
Conclusion
The acrylic acid esters market is poised for steady growth, supported by increasing demand from paints, coatings, adhesives, and hygiene product manufacturers. Advancements in bio-based production and low-VOC technologies offer significant opportunities for sustainable development in this sector. By addressing regulatory challenges and improving cost efficiencies, the market can achieve long-term growth across diverse industries.
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About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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Suite 1200, Wilmington, Delaware 19801 USA
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