Press release
Acrylic Monomer Market Expands with Bio‐Based MMA, Low‐VOC Grades & Continuous‐Flow Catalysts, Fueled by Green Initiatives, Coating Performance & Capacity Builds
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 is positioned for robust growth, and shifting market dynamics reshaping the competitive landscape. DataM Intelligence's new report provides data-driven insights, SWOT analysis, and marketing-ready intelligence for businesses seeking to improve market penetration and campaign ROI.
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Acrylic Monomer Market Overview & Landscape:
The acrylic monomer market comprises key building blocks like methyl methacrylate (MMA), butyl acrylate, and ethyl acrylate used to produce acrylic polymers for paints & coatings, adhesives, textiles, and plastics. Driven by stringent environmental regulations, demand for high‐performance, UV‐curable, and low‐VOC formulations, the landscape is evolving through catalyst innovations, bio‐based feedstock development, and capacity expansions in Asia‐Pacific and North America.
Recent Key Developments:
Commissioning of a 150 ktpa bio‐MMA plant in Europe using CO2‐derived feedstocks to lower carbon footprint.
Launch of next‐gen low‐emission butyl acrylate grades with enhanced adhesion for waterborne coatings.
Strategic JV between a petrochemical major and biotech firm to commercialize enzyme‐catalyzed acrylic monomer synthesis.
Expansion of ethyl acrylate capacity in China by 100 ktpa to meet rising demand from the adhesive and hygiene sectors.
Breakthrough in continuous-flow polymerization catalysts enabling 20% energy savings in monomer production.
Strategic Players Driving the Acrylic Monomer Market Forward :
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.
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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)
Most Frequently Asked Questions in the Acrylic Monomer Market Research Industry:
✒ 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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