In the price sensitive global acrylate monomers market, savvy players are partnering with OEM manufacturers, designers, and merchandisers to develop cost effective acrylic products with inexpensive formulations. Mergers and acquisitions and expansion in new geographies is another notable growth trend emerging in this market.
The recovery of the construction sector all over the world is positively influencing the acrylate monomers market. This is because of the extensive use of acrylate monomers in paints and coatings that are integral to construction undertakings. In particular, water-based coatings display a sizeable demand for acrylate monomers as these monomers enhance the physical properties of the formulation. According to statistics of Paint Quality Institute, water-based paints or coatings account for almost 80% of household paints, in developed regions.
Proving to challenge the growth of this market are regulations pertaining to the use of acrylate monomers due to their toxicity and hazards associated with the direct exposure to these substances.
According to estimates by Transparency Market Research, the global acrylate monomers market will attain a valuation of US$11,112.3 mn by 2025 end from US$6,987.9 mn in 2016 at a CAGR of 5.4% between 2017 and 2025.
The report studies the global acrylate monomers market on the basis of product, application, and geography. The segments of this market depending upon product are butyl acrylate, ethyl acrylate, methyl acrylate monomer, 2 ethyl hexyl acrylate monomer, and others. Of them, butyl acrylate monomers and 2-ethyl hexyl acrylate monomers are commonly used in paints and coatings. Methyl acrylate monomers are generally used for special chemical applications.
The acrylate monomers market, by application has been categorized into paints and coatings, adhesives and sealants, plastics, printing inks, and other applications.
The worldwide market for acrylate monomers has been studied across North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa based on geography. In 2016, Asia Pacific led the global acrylate monomers market in terms of market share and growth potential; the region contributed more than 40% revenue to the overall market in the same year. Going forward too, Asia Pacific is likely to remain an attractive market for acrylate monomers.
The growth in the region is driven by the robust growth of a number of end-use industries such as construction, automotive, and textile. Powered by the rapid economic development and the emergence of a large middle-class population in China and India, the acrylate monomers market in Asia Pacific is witnessing swift growth.
The growth of North America acrylate monomers market is largely driven by the increasing demand for water-based coatings in the paint & coatings sector. In Europe, the acrylate monomers market is witnessing a shift for consumption of methyl acrylate monomers. On the other hand, some unpredictable events in the European chemical industry over the recent past have led to decreased demand for butyl acrylate monomers.
The Middle East and Africa is expected to emerge as a significant market for acrylate monomers on the back of a solid oil and gas industry. Latin America is expected to emerge as attractive market for acrylate monomers as key players in the worldwide market are expected to move towards this region.
Key players operating in the global acrylate monomers market profiled in this report are BASF SE, Arkema S.A., Hitachi Chemical Co. Ltd, Evonik Industries AG, Kuraray Co. Ltd., The Dow Chemical Company, Mitsubishi Chemical Holding, New Japan Chemical Co Ltd., and LG Chem.
Acrylate Monomers Market to Derive Gains from Growing Popularity of Water-based Paints
The recuperation of the development area everywhere on the world is emphatically impacting the acrylate monomers market. This is a result of the broad utilization of acrylate monomers in paints and coatings that are necessary to development endeavors. Specifically, water-based coatings show a sizeable interest for acrylate monomers as these monomers improve the actual properties of the plan. As indicated by insights of Paint Quality Institute, water-based paints or coatings represent practically 80% of family paints, in created locales.
The boundless use of acrylate monomers plans in making paints, inks, and coatings is an essential factor boosting the growth of the market. The widely rising utilization of acrylate monomers in water based coatings is complementing the development of the acrylate monomers market over the appraisal time frame. Moreover, the market will profit progressively from the conspicuous interest for water-based paints or coatings in different created areas. The considerable utilization of water-based paints for family objects is reinforcing the take-up.
Demonstrating to challenge the development of this market are guidelines relating to the utilization of acrylate monomers because of their poisonousness and dangers related with the immediate openness to these substances. A few credits of acrylate monomers represent the exceptional sciences that can be given to final results in the coatings inks and cements industry. Prominent of them incorporate wonderful water obstruction capacity, astounding weatherability, striking scratch opposition, and low temperature adaptability.
Nonetheless, rigid guidelines limiting its utilization inferable from stamped poisonous nature brought about by direct openness is a significant viewpoint obstructing the take-up of acrylate monomers plans in different end-use enterprises. Adding to this, the approach of oil-based acrylate monomers made out of plants in the market has eased the worries fundamentally. Rising endeavors to popularize such items are opening up promising possibilities on the lookout. Moreover, the significantly arising utilization of acrylate monomers in polymer flooding innovation as a high level oil recuperation method in the oil and gas area is likewise giving a prominent fillip to the development of the market. The striking UV treatability and vital adhesiveness property displayed by these monomers open it a few superior applications in the paints and coatings industry. For example, the rising interest for acrylate monomers for bright and electron shaft relieving of inks and coatings is boosting the general market.
The global acrylate monomers market has been segmented as follows:
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List of Tables
Table 01: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 02: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 03: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Region, 2016–2025
Table 04: North America Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 05: North America Acrylate Monomers Market Volume (Tons) and Volume (Tons) Forecast, by Application, 2016–2025
Table 06: North America Acrylate Monomers Market Size (US$ Mn) and Volume (Units) Forecast, by Country, 2016–2025
Table 07: U.S. Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 08: U.S. Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 09: Canada Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 10: Canada Acrylate Monomers Market Volume (Tons) and Volume (Tons) Forecast, by Application, 2016–2025
Table 11: Europe Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 12: Europe Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 13: Europe Acrylate Monomers Market Size (US$ Mn) and Volume (Units) Forecast, by Country, 2016–2025
Table 14: Germany Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 15: Germany Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 16: France Acrylate Monomers Market Size (US$ Mn) and Volume (Tons ) Forecast, by Product, 2016–2025
Table 17: France Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 18: U.K. Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 19: U.K. Acrylate Monomers Market Size (US$ Mn) and Volume (Tons ) Forecast, by Application, 2016–2025
Table 20: Italy Acrylate Monomers Market Size (US$ Mn) Forecast and Volume (Tons), by Product, 2016–2025
Table 21: Italy Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 22: Spain Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 23: Spain Acrylate Monomers Market Volume (Tons) Forecast and Volume (Tons), by Application, 2016–2025
Table 24: Rest of Europe Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 25: Rest of Europe Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 26: Asia Pacific Acrylate Monomers Market Size (US$ Mn) Forecast and Volume (Tons), by Product, 2016–2025
Table 27: Asia Pacific Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 28: Asia Pacific Acrylate Monomers Market Size (US$ Mn) and Volume (Units) Forecast, by Country, 2017–2025
Table 29: China Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 30: China Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 31: India Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 32: India Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 33: ASEAN Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 34: ASEAN Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 35: Japan Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 36: Japan Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 37: Rest of Asia Pacific Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 38: Rest of Asia Pacific Acrylate Monomers Market Size (US$ Mn) Forecast, by Application, 2016–2025
Table 39: Latin America Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 40: Latin America Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 41: Latin America Acrylate Monomers Market Size (US$ Mn) and Volume (Units) Forecast, by Country, 2016–2025
Table 42: Brazil Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 43: Brazil Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 44: Mexico Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 45: Mexico Acrylate Monomers Market Size (US$ Mn) Forecast, by Application, 2016–2025
Table 46: Rest of Latin America Acrylate Monomers Market Size (US$ Mn) Forecast, by Product, 2016–2025
Table 47: Rest of Latin America Acrylate Monomers Market Size (US$ Mn) Forecast, by Application, 2016–2025
Table 48: Middle East & Africa Acrylate Monomers Market Size (US$ Mn) Forecast, by Product, 2016–2025
Table 49: Middle East & Africa Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 50: Middle East & Africa Acrylate Monomers Market Size (US$ Mn) and Volume (Units) Forecast, by Country, 2016–2025
Table 51: GCC Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 52: GCC Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 53: South Africa Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 54: South Africa Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
Table 55: Rest of Middle East & Africa Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product, 2016–2025
Table 56: Rest of Middle East & Africa Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2016–2025
List of Figures
Figure 01: Global Acrylate Monomers Market (US$ Mn) Volume (Kilo Tons) Forecast, 2017–2025
Figure 02: Global Acrylates Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, 2016–2025
Figure 03: Global Acrylate Monomers Average Price (US$/Ton) 2016–2025
Figure 04: Global Acrylate Monomers Market Value Share Analysis, by Product, 2016 and 2025
Figure 05: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Analysis, by Butyl Acrylate Monomer, 2016–2025
Figure 06: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Analysis, by Methyl Acrylate Monomer, 2016–2025
Figure 07: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Analysis, by 2-EHA Monomer, 2016–2025
Figure 08: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Analysis, by Ethyl Acrylate Monomer, 2016–2025
Figure 09: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Analysis, by Others, 2016–2025
Figure 10: Global Acrylate Monomers Market Attractiveness Analysis, by Product
Figure 11: Global Acrylate Monomers Market Value Share Analysis, by Application, 2016 and 2025
Figure 12: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Analysis, by Paints & Coatings, 2016–2025
Figure 13: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Analysis, by Adhesives & Sealants, 2016–2025
Figure 14: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Analysis, by Plastics, 2016–2025
Figure 15: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Analysis, by Printing Inks, 2016–2025
Figure 16: Global Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Analysis, by Others, 2016–2025
Figure 17: Global Acrylate Monomers Market Attractiveness Analysis, by Application
Figure 18: Global Acrylate Monomers Market Value Share Analysis, by Region, 2016 and 2025
Figure 19: Global Acrylate Monomers Market Attractiveness Analysis, by Region
Figure 20: North America Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, 2017–2025
Figure 21: North America Acrylate Monomers Market Size and Volume Y-o-Y Growth Projection, 2017–2025
Figure 22: North America Acrylate Monomers Market Attractiveness Analysis, by Country
Figure 23: North America Acrylate Monomers Market Value Share Analysis, by Product, 2016 and 2025
Figure 24: North America Acrylate Monomers Market Value Share Analysis, by Application, 2016 and 2025
Figure 25: North America Acrylate Monomers Market Value Share Analysis, by Country, 2016 and 2025
Figure 26: U.S. Acrylate Monomers Market Size (US$ Mn) Forecast, 2016–2025
Figure 27: U.S. Acrylate Monomers Market Volume (Tons) Forecast, 2016–2025
Figure 28: Canada Acrylate Monomers Market Size (US$ Mn) Forecast, 2016–2025
Figure 29: Canada Acrylate Monomers Market Volume (Tons) Forecast, 2016–2025
Figure 30: Europe Acrylate Monomers Market Size (US$ Mn) and Volume (Tons) Forecast, 2017–2025
Figure 31: Europe Acrylate Monomers Market Size and Volume Y-o-Y Growth Projection, 2017–2025
Figure 32: Europe Acrylate Monomers Market Attractiveness Analysis, by Country
Figure 33: Europe Acrylate Monomers Market Value Share Analysis, by Product, 2016 and 2025
Figure 34: Europe Acrylate Monomers Market Value Share Analysis, by Application, 2016 and 2025
Figure 35: Europe Acrylate Monomers Market Value Share Analysis, by Country, 2016 and 2025
Figure 36: Germany Acrylate Monomers Market Size (US$ Mn) Forecast, 2016–2025
Figure 37: Germany Acrylate Monomers Market Volume (Tons) Forecast, 2016–2025
Figure 38: France Acrylate Monomers Market Size (US$ Mn) Forecast, 2016–2025
Figure 39: France Acrylate Monomers Market Volume (Tons) Forecast, 2016–2025
Figure 40: U.K. Acrylate Monomers Market Size (US$ Mn) Forecast, 2016–2025
Figure 41: U.K. Acrylate Monomers Market Volume (Tons) Forecast, 2016–2025
Figure 42: Italy Acrylate Monomers Market Size (US$ Mn) Forecast, 2016–2025
Figure 43: Italy Acrylate Monomers Market Volume (Tons) Forecast, 2016–2025
Figure 44: Spain Acrylate Monomers Market Size (US$ Mn) Forecast, 2016–2025
Figure 45: Spain Acrylate Monomers Market Volume (Tons) Forecast, 2016–2025
Figure 46: Rest of Europe Acrylate Monomers Market Size (US$ Mn) Forecast, 2016–2025
Figure 47: Rest of Europe Acrylate Monomers Market Volume (Tons) Forecast, 2016–2025
Figure 48: Asia Pacific Acrylate Monomers Market Size (US$ Mn) and Volume (Units) Forecast, 2016–2025
Figure 49: Asia Pacific Acrylate Monomers Market Size and Volume Y-o-Y Growth Projection, 2016–2025
Figure 50: Asia Pacific Acrylate Monomers Market Attractiveness Analysis, by Country
Figure 51: Asia Pacific Acrylate Monomers Market Value Share Analysis, by Product, 2016 and 2025
Figure 52: Asia Pacific Acrylate Monomers Market Value Share Analysis, by Application, 2016 and 2025
Figure 53: Asia Pacific Acrylate Monomers Market Value Share Analysis, by Country, 2016 and 2025
Figure 54: China Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 55: China Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 56: India Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 57: India Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 58: ASEAN Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 59: ASEAN Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 60: Japan Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 61: Japan Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 62: Rest of Asia Pacific Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 63: Rest of Asia Pacific Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 64: Latin America Acrylate Monomers Market Size (US$ Mn) and Volume (Units) Forecast, 2016–2025
Figure 65: Latin America Acrylate Monomers Market Size and Volume Y-o-Y Growth Projection, 2016–2025
Figure 66: Latin America Acrylate Monomers Market Attractiveness Analysis, by Country
Figure 67: Latin America Acrylate Monomers Market Value Share Analysis, by Product, 2016 and 2025
Figure 68: Latin America Acrylate Monomers Market Value Share Analysis, by Application, 2016 and 2025
Figure 69: Latin America Acrylate Monomers Market Value Share Analysis, by Country, 2016 and 2025
Figure 70: Brazil Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 71: Brazil Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 72: Mexico Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 73: Mexico Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 74: Rest of Latin America Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 75: Rest of Latin America Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 76: Middle East & Africa Acrylate Monomers Market Size (US$ Mn) and Volume (Units) Forecast, 2016–2025
Figure 77: Middle East & Africa Acrylate Monomers Market Size and Volume Y-o-Y Growth Projection, 2016–2025
Figure 78: Middle East & Africa Acrylate Monomers Market Attractiveness Analysis, by Country
Figure 79: Middle East & Africa Acrylate Monomers Market Value Share Analysis, by Product, 2016 and 2025
Figure 80: Middle East & Africa Acrylate Monomers Market Value Share Analysis, by Application, 2016 and 2025
Figure 81: Middle East & Africa Acrylate Monomers Market Value Share Analysis, by Country, 2016 and 2025
Figure 82: GCC Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 83: GCC Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 84: South Africa Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 85: South Africa Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 86: Rest of Middle East & Africa Acrylate Monomers Market Size (US$ Mn) Analysis, 2016–2025
Figure 87: Rest of Middle East & Africa Acrylate Monomers Market Volume (Tons) Analysis, 2016–2025
Figure 88: Acrylate Monomers Market Share Analysis, by Company (20