Press release
Acrylic Monomer Market Booms Amid Rising Demand in Paints, Adhesives & Plastics - Forecast 2025 | Top key players - BASF SE, Arkema Group, Dow Inc.
The 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.The latest Acrylic Monomer market research report from DataM Intelligence delivers a comprehensive analysis of the global Acrylic Monomer Market landscape, highlighting emerging trends, market size, competitive dynamics, and key growth drivers. This high-impact report offers strategic insights for investors, marketers, and decision-makers looking to capitalize on current and future market opportunities.
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The Acrylic Monomer Market refers to the global industry involved in the production, distribution, and application of acrylic monomers chemical compounds primarily used as building blocks in the manufacture of acrylic polymers. These monomers, including methyl methacrylate and butyl acrylate, are widely utilized in coatings, adhesives, sealants, textiles, and plastics, driven by demand across construction, automotive, and packaging sectors.
Market Segments
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.
The Acrylic Monomer industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
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Prominent players in the Acrylic Monomer Market
The prominent players in Acrylic Monomer market research report are: 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.
These companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry Developments:
On August 18, 2021, Dow announced an investment in methyl acrylate manufacturing at its St. Charles Operations in Louisiana, USA, aiming to improve the reliability and accessibility of raw materials through expanded, centralized capacity. The new facility features a 50-kiloton nameplate capacity and was scheduled to become operational in the first half of 2022. This expansion supports Dow's global growth strategy, with a particular focus on addressing North American market demand.
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Regions Covered:
The global Acrylic Monomer Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What are the primary drivers fueling growth in the Acrylic Monomer Market today?
✒ Which companies are currently leading innovation and market share in the Acrylic Monomer Market?
✒ In what ways is the current regulatory environment influencing the Acrylic Monomer Market's trajectory?
✒ Which geographic regions are forecasted to experience the strongest growth in the Acrylic Monomer Market-and why?
✒ What are the key barriers or challenges that could limit the growth of the Acrylic Monomer Market?
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