Acrylic Monomer Market Expected to Grow at 6.72% CAGR, Reaching $15.6B by 2031 | Most Trend Companies likes - BASF SE, Arkema Group, Dow Inc., Evonik Industries AG, Mitsubishi Chemical Corporation, Nippon Shokubai Co., Ltd., LG Chem, SABIC

Global Acrylic Monomer Market reached US$ 9.4 Billion in 2023 and is expected to reach US$ 15.6 Billion by 2031, growing with a CAGR of 6.72% during the forecast period 2024-2031.

Acrylic Monomer Market report, published by DataM Intelligence, delivers detailed insights and analysis on major market trends, growth prospects, and emerging challenges. With a strong focus on providing actionable intelligence, DataM Intelligence enables businesses to make well-informed decisions and maintain a competitive edge. By blending both qualitative and quantitative research approaches, the company offers thorough reports that support clients in navigating complex market environments, driving strategic expansion, and capitalizing on new opportunities in today's rapidly evolving global landscape.

Acrylic monomers are the building blocks used to produce acrylic polymers and resins, which are widely used in coatings, adhesives, plastics, and textiles. These monomers, such as methyl methacrylate (MMA), polymerize to form durable, transparent materials with excellent chemical resistance and weatherability, making them ideal for both industrial and consumer applications.

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Market opportunities and Growth Drivers

➤ Growing demand for infrastructure and construction
➤ Expansion in the automotive sector
➤ Variable costs of raw materials
➤ Regulations and environmental issues

Acrylic Monomer Market Recent Development:

On August 18, 2021, Dow announced an investment in methyl acrylate production on the US Gulf Coast. The new 50-kiloton facility at St. Charles Operations in Louisiana is set to begin in 2022. This expansion aims to improve raw material supply reliability and accessibility. The facility will support global growth, focusing on meeting North American demand.
This initiative strengthens Dow's centralized manufacturing capabilities. It ensures a steady supply of methyl acrylate for various industries.

List of the Key Players in the Acrylic Monomer Market:

BASF SE, Arkema Group, Dow Inc., Evonik Industries AG, Mitsubishi Chemical Corporation, Nippon Shokubai Co., Ltd., LG Chem, SABIC, Formosa Plastics Corporation and Mitsui Chemicals, Inc.

Research Process:

Both primary and secondary data sources have been used in the global Acrylic Monomer Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Acrylic Monomer Market:

By Product: Methyl Acrylate Monomers, Butyl Acrylate Monomers, Ethyl Acrylate Monomers, 2 Ethyl Hexyl Acrylate Monomers (2-EHA Monomers), Others

By Application: Plastic, Adhesives and Sealants, Synthetic Resins, Acrylic Fibers, Building Materials, Fabrics, Acrylic Rubber, Others

By End-User: Paints and Coatings, Building and Construction, Automotive, Consumer Goods, Packaging, Water Treatment, Marine, Aerospace, Others

Regional Analysis for Acrylic Monomer Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

People Also Ask:

Most Frequently Asked Questions in the Acrylic Monomer Market Research Industry:

➠ What are the global figures for sales, production, consumption, imports, and exports in the Acrylic Monomer market?

➠ Who are the top manufacturers in the global Acrylic Monomer industry, and what is their current status in terms of production capacity, output, sales performance, pricing structure, cost analysis, profit margins, and overall revenue?

➠ What key opportunities are available for vendors in the Acrylic Monomer market, and what challenges are they likely to encounter?

➠ Which application areas, end-user segments, or product types are projected to experience significant growth, and how is the market share distributed among them?

➠ What are the major drivers and barriers influencing the growth trajectory of the Acrylic Monomer market?

➠ What are the primary sales, marketing, and distribution strategies used across the global Acrylic Monomer industry landscape?

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