Acrylate Market To Boom at USD 19.3 Billion by 2034

Overview

New York, NY – July 14, 2025 – The Global Acrylate Market is set for strong growth, projected to reach USD 19.3 billion by 2034, up from USD 11.1 billion in 2024, with a steady 5.7% CAGR from 2025 to 2034.

In 2024, Butyl Acrylate emerged as the leading segment in the acrylate market by chemistry, commanding a 38.6% share. This dominance is driven by its extensive utilization across multiple industrial applications, particularly in paints, coatings, and adhesives.

Paints, Coatings, and Printing Inks dominated the acrylate market by application, accounting for a 43.4% share. In the End-Use segment of the acrylate market, Building and Construction secured the highest share in 2024, contributing 29.9% to overall demand.

Key Takeaways

• Global Acrylate Market is expected to be worth around USD 19.3 billion by 2034, up from USD 11.1 billion in 2024, and grow at a CAGR of 5.7% from 2025 to 2034.
• Butyl acrylate dominates the acrylate market, holding a 38.6% share due to its wide industrial usage.
• Paints, coatings, and printing inks lead the acrylate market with a 43.4% application share.
• Building and construction contribute 29.9% to the acrylate market demand, driven by infrastructure growth worldwide.
• North America recorded a market value of USD 4.3 billion that year.

How Growth is Impacting the Economy

The Acrylate Market’s growth significantly influences the global economy by driving innovation and job creation across multiple sectors. The construction industry benefits from durable, weather-resistant coatings, boosting infrastructure development in emerging economies like China and India. In automotive, acrylate-based adhesives and coatings support lightweight vehicle production, enhancing fuel efficiency and reducing emissions, aligning with global sustainability goals.

The packaging sector’s expansion, fueled by acrylate applications in flexible packaging and labeling, supports e-commerce growth. This surge creates employment opportunities in manufacturing and R&D, while increased industrial output strengthens GDP in key regions like Asia-Pacific. However, volatile raw material prices and regulatory compliance costs pose challenges, requiring strategic investments to sustain economic contributions.

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Strategies for Businesses

Businesses in the acrylate market should prioritize innovation in bio-based and low-VOC formulations to meet stringent environmental regulations and consumer demand for sustainable products. Investing in R&D for advanced applications, such as 3D printing resins and UV-curable coatings, can enhance competitiveness. Forming strategic partnerships in high-growth regions like Asia-Pacific ensures cost-effective production and market access. Additionally, adopting efficient supply chain management mitigates raw material price volatility. Companies should also leverage digital marketing and consumer insights to target emerging sectors like electronics and textiles, ensuring sustained growth and market relevance.

Report Scope

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Key Market Segments

By Chemistry Analysis

• In 2024, Butyl Acrylate emerged as the leading segment in the acrylate market by chemistry, commanding a 38.6% share. This dominance is driven by its extensive utilization across multiple industrial applications, particularly in paints, coatings, and adhesives. Butyl Acrylate is favored for its optimal balance of flexibility, durability, and environmental resistance, making it ideal for high-performance formulations.
• The ongoing expansion in the construction and automotive sectors has sustained the demand for Butyl Acrylate, especially in the production of advanced coatings. Moreover, the global shift toward low-VOC and water-based products has increased their adoption in eco-friendly applications. Its consistent performance, ease of processing, and formulation flexibility continue to position Butyl Acrylate as the preferred chemistry in the acrylate market.

By Application Analysis

• In 2024, Paints, Coatings, and Printing Inks dominated the acrylate market by application, accounting for a 43.4% share. This leadership is attributed to the critical role acrylates play in delivering high-performance characteristics such as fast drying, weather resistance, and strong adhesion in paint and coating formulations. These features are especially valued in industries like construction, automotive, and general manufacturing, where product longevity and efficiency are essential.
• Additionally, the rising preference for water-based and low-VOC coatings has further reinforced the importance of acrylates, owing to their excellent film-forming capabilities and environmental compliance. In the printing inks segment, acrylates enhance flexibility, adhesion, and color vibrancy, making them essential in both commercial and industrial printing. The sustained demand from infrastructure development and renovation activities continues to drive growth, solidifying the segment’s leading role in the acrylate market.

By End-use Analysis

• In the End-Use segment of the acrylate market, Building and Construction secured the highest share in 2024, contributing 29.9% to overall demand. This strong market presence is primarily supported by the sector’s requirement for resilient, weather-resistant, and flexible materials used in applications such as adhesives, sealants, and coatings. Acrylates offer critical performance attributes, including UV stability, water resistance, and long-term bonding, which are crucial for modern construction standards.
• The global rise in infrastructure projects, urban housing development, and refurbishment initiatives has consistently fueled the demand for acrylate-based products. Moreover, the increasing adoption of sustainable building materials aligns with the environmentally friendly profile of low-VOC acrylate formulations. As infrastructure investment continues to rise globally, the Building and Construction segment is expected to remain a key driver of acrylate consumption, reinforcing its leading market position.

Regional Analysis

In 2024, The Global Acrylate Market exhibited diverse regional trends, with North America taking the lead by capturing a 39.3% share, equivalent to USD 4.3 billion. This dominance is attributed to the region’s robust industrial infrastructure and rising demand across the construction, automotive, and consumer goods sectors.

The adoption of environmentally sustainable coatings and the presence of advanced manufacturing facilities have further strengthened market performance in North America. Europe maintained a strong position, supported by stringent environmental regulations and increasing preference for water-based and low-VOC acrylate products. In the Asia Pacific region, consistent growth was observed due to rapid industrialization, expanding urban infrastructure, and rising population, particularly in emerging economies, which continue to boost acrylate demand.

The Middle East & Africa market experienced moderate expansion, largely driven by growing demand in the construction and packaging industries, although its overall contribution remained relatively limited. Latin America, on the other hand, is gradually gaining momentum, supported by a renewed emphasis on domestic production and increased use of acrylates in local manufacturing sectors.

While North America leads in both value and share, Asia Pacific is projected to be a key growth engine moving forward, reflecting the region’s accelerating industrial development and shifting economic landscape. Each region demonstrates a distinct trajectory, shaped by its industrial base, regulatory environment, and end-user demand dynamics.

Recent Developments

1. Alpha Chemika

• Alpha Chemika has been expanding its acrylate product portfolio, focusing on high-purity specialty acrylates for adhesives and coatings. The company is investing in R&D to develop eco-friendly acrylate solutions to meet growing sustainability demands. Their recent initiatives include collaborations with key industry players to enhance supply chain efficiency.

2. Arkema S.A.

• Arkema has launched Sartomer, a new range of bio-based acrylate resins, reducing the carbon footprint in UV-curable coatings and inks. The company is also expanding production capacity in Asia to meet rising demand. Arkema’s focus on sustainable acrylates aligns with global green chemistry trends.

3. BASF SE

• BASF introduced Laromer UV acrylates, enhancing performance in energy-curable coatings. The company is also investing in digital tools to optimize acrylate production efficiency. BASF’s recent partnerships aim to develop low-VOC acrylate solutions for the automotive and construction sectors.

4. Dow

• Dow has developed ECOFAST Pure, a sustainable textile treatment using acrylate chemistry to reduce water and energy consumption. The company is also scaling up acrylate production in the U.S. and Europe to support growing demand in packaging and hygiene products.

5. Evonik

• Evonik expanded its ACRYLATES portfolio with new high-performance grades for adhesives and sealants. The company is focusing on acrylate dispersions for low-emission coatings. Evonik’s recent investments in Asia aim to strengthen regional supply chains.

Conclusion

The Acrylate Market’s robust growth underscores its economic significance. Driven by demand for sustainable, high-performance materials, it fuels job creation and industrial output in key sectors. Businesses must innovate and adapt to environmental regulations to maintain competitiveness. With Asia-Pacific’s dominance and advancements in bio-based solutions, the market is poised for sustained expansion, offering substantial opportunities for stakeholders to capitalize on evolving industry trends.

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