Global Acrylic Ester Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2032

Acrylic Ester Market Size

• The Global Acrylic Ester Market size was valued at USD 9.35 Billion in 2024 and is expected to reach USD 17.89 Billion by 2032, at a CAGR of 8.5% during the forecast period
• This growth is driven by factors such as growing demand in coatings and paints industry and rising use in adhesives and sealants

Acrylic Ester Market Analysis

• Acrylic Ester refers to a group of chemical compounds derived from acrylic acid and alcohols, widely used as key building blocks in the production of paints, coatings, adhesives, textiles, and superabsorbent polymers. These esters enhance flexibility, durability, and water resistance in end-use applications.
• The demand for Acrylic ester is significantly driven by rising construction and automotive activities, growing demand for water-based coatings due to environmental concerns, and increasing applications in adhesives and personal care products.
• Asia-Pacific is expected to dominate the Acrylic Ester Market due to rapid industrialization, economic growth, and expanding end-use industries in countries like China, India, and those in Southeast Asia.
• North America is projected to be the fastest-growing region, supported by technological innovation in product formulation, stringent environmental policies from bodies like the U.S. EPA, and high adoption in sectors such as automotive, construction, personal care, and packaging.
• The Butyl Acrylate segment is expected to dominate the market with a market share of 36.54 In 2025 due to its extensive usage in water-based paints, adhesives, sealants, and textile applications. Its low toxicity, excellent adhesion properties, and compatibility with various substrates make it a preferred choice across multiple industries.

Report Scope and Acrylic Ester Market Segmentation

Acrylic Ester Market Trends

“Increasing demand for water-based coatings and adhesives”

• The global acrylic ester market is witnessing steady growth driven by increasing demand for water-based coatings and adhesives. As industries transition toward low-VOC and environmentally friendly products, acrylic esters are becoming key raw materials due to their superior binding and weather-resistant properties.
• The construction and automotive sectors continue to be major end-users. Urbanization and infrastructure development, especially in Asia-Pacific and Latin America, are creating strong demand for acrylic ester-based coatings and sealants.
• Technological advancements in bio-based acrylic esters are emerging as a significant trend. Manufacturers are investing in sustainable alternatives to reduce dependency on petrochemicals and meet regulatory standards.
• Additionally, market players are expanding production capacities and forming strategic partnerships in high-growth regions. These efforts aim to enhance supply chain resilience and capitalize on growing demand across packaging, textiles, and electronics sectors.

For Instance,

• In February 2025, BASF announced plans to expand its acrylic ester production capacity at its Ludwigshafen site in Germany. The expansion aims to meet growing demand from the adhesives, coatings, and hygiene industries, highlighting the market’s upward trend toward high-performance and sustainable acrylic-based formulations in Europe and beyond.

Acrylic Ester Market Dynamics

Driver

“Growing Demand in Coatings and Paints Industry”

• The coatings and paints industry is a key driver for the global acrylic ester market. Acrylic esters are favored because they provide excellent adhesion, durability, and resistance to weather and UV radiation. These properties make them essential for producing protective coatings used in residential, commercial, and industrial buildings.
• Rapid urbanization and infrastructure development across emerging economies like India, China, and Brazil are significantly boosting demand for such coatings. Governments are investing heavily in construction and renovation projects, which require high-performance paints and coatings.
• Moreover, the automotive industry’s growing focus on vehicle aesthetics and protection also fuels demand for acrylic ester-based coatings. These coatings protect vehicles from corrosion and environmental damage, while maintaining a glossy finish.
• Additionally, environmental regulations are encouraging the shift towards water-based and low-VOC coatings, both of which heavily rely on acrylic esters as key raw materials. This shift supports market growth by driving demand for more sustainable, high-quality coatings.

For instance,

• In March 2024, AkzoNobel announced the expansion of its water-based acrylic coating production facility in India to meet rising demand from the construction sector. This move highlights the growing need for durable, eco-friendly coatings in emerging markets, driven by rapid urbanization and stricter environmental regulations.

Opportunity

“Expansion in Emerging Economies”

• Emerging economies present a vast growth opportunity for the global acrylic ester market. Rapid urbanization, increasing industrialization, and rising disposable incomes are fueling demand for products like coatings, adhesives, and plastics all of which rely on acrylic esters. Countries such as China, India, Brazil, and Southeast Asian nations are investing heavily in infrastructure, automotive manufacturing, and consumer goods production, driving material consumption.
• Local governments are also promoting industrial growth through incentives and infrastructure projects, boosting demand for durable and high-performance coatings and adhesives. As construction booms, the need for protective and decorative coatings rises, directly benefiting acrylic ester manufacturers. Additionally, expanding packaging industries in these regions require advanced adhesives that acrylic esters provide.
• Setting up manufacturing facilities or partnerships in emerging markets offers cost advantages and improves supply chain efficiency. It also enables producers to cater to local preferences and regulatory requirements more effectively. Furthermore, these economies are showing increased awareness of sustainability, creating demand for innovative, eco-friendly acrylic ester products.

Restraint/Challenge

“Volatility in Raw Material Prices”

• Raw material price volatility is a major restraint impacting the global acrylic ester market. Acrylic esters are primarily derived from petrochemical feedstocks such as ethylene and methanol, whose prices are closely tied to crude oil fluctuations.
• Global events, geopolitical tensions, and supply-demand imbalances can cause sudden spikes or drops in crude oil prices, directly affecting feedstock costs. This unpredictability creates challenges for acrylic ester manufacturers trying to maintain stable production costs.
• When raw material prices rise sharply, producers face increased manufacturing expenses. This often leads to higher prices for acrylic esters and downstream products like coatings and adhesives. Higher prices can reduce demand, especially in cost-sensitive markets or industries.
• Additionally, some regions may experience more severe price volatility due to localized supply constraints or regulatory changes, further complicating production forecasts. Manufacturers must adopt hedging strategies and diversify supply sources to manage these risks, which adds operational complexity and cost.

Acrylic Ester Market Scope

The market is segmented on the basis of basis of type and application.

In 2025, the Butyl Acrylate segment is projected to dominate the market with a largest share in type segment

The Butyl Acrylate segment is expected to dominate the market with a market share of 36.54 In 2025 due to its extensive usage in water-based paints, adhesives, sealants, and textile applications. Its low toxicity, excellent adhesion properties, and compatibility with various substrates make it a preferred choice across multiple industries.

The polymer is expected to account for the largest share during the forecast period in fabric material market

In 2025, Surface Coatings hold the largest share of 42% in the Acrylic Ester Market. This is driven by high demand in construction, automotive, and industrial applications requiring durable, low-VOC, and weather-resistant coatings.

Acrylic Ester Market Regional Analysis

“Asia-Pacific Holds the Largest Share in the Acrylic Ester Market ”

• Asia-Pacific dominates the global acrylic ester market, holding approximately 39.85% share in 2025. This leadership is driven by rapid urbanization, industrial expansion, and a strong shift toward sustainable, water-based formulations across multiple end-use industries like construction, automotive, and packaging.
• China is the regional leader due to its vast industrial output and high demand for paints, adhesives, and coatings. Strict environmental regulations promoting low-VOC products further drive acrylic ester consumption across the country’s booming manufacturing and infrastructure sectors.
• India contributes significantly, fueled by infrastructure projects, automotive manufacturing, and rising demand for eco-friendly construction materials. Government programs like “Smart Cities” and industrial growth are accelerating acrylic ester applications in adhesives, coatings, and hygiene products.
• Emerging economies such as Indonesia, Vietnam, and Thailand are adopting acrylic ester technologies amid industrialization and urban growth. Increased foreign investments, supportive environmental regulations, and expanding production facilities are solidifying Asia-Pacific’s dominance in the global market.

“North America is Projected to Register the Highest CAGR in the Acrylic Ester Market ”

• North America is a mature yet innovation-led acrylic ester market, driven by stringent environmental regulations, green chemistry initiatives, and high demand across advanced sectors like automotive, packaging, and electronics, which require high-performance, sustainable material solutions.
• The United States leads regional growth, with manufacturers investing in bio-based acrylic esters to meet corporate sustainability goals and reduce reliance on petrochemicals. These investments are reshaping product portfolios to better align with evolving environmental standards.
• Steady growth is supported by a strong industrial base, advanced R&D capabilities, and the transition from solvent-based to water-based formulations. This shift enhances product safety while maintaining performance, making acrylic esters increasingly attractive across applications.
• Consumer preference for eco-friendly products is influencing industry practices, prompting innovation in low-VOC adhesives and coatings. This demand, combined with regulatory enforcement, ensures that sustainability remains central to North America’s acrylic ester market development.

Acrylic Ester Market Share

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

The Major Market Leaders Operating in the Market Are:

• Arkema (France)
• BASF SE (Germany)
• LG Chem (South Korea)
• Evonik Industries AG (Germany)
• Mitsubishi Chemical Holdings Corporation (Japan)
• Momentive (U.S.)
• SIBUR (Russia)
• NIPPON SHOKUBAI CO. LTD (Japan)
• Sasol Limited (South Africa)
• Dow (U.S.)
• The Lubrizol Corporation (U.S.)
• PTTGC Innovation America Corporation (U.S. – subsidiary of PTT Global Chemical, Thailand)
• SUNVIC CHEMICAL (China)
• Hexion (U.S.)
• Parchem Fine & Specialty Chemicals (U.S.)

Latest Developments in Global Acrylic Ester Market

• In March 2024, Arkema introduced a new line of sustainable acrylic esters aimed at meeting the growing demand for eco-friendly chemicals. These bio-based esters are designed for applications in adhesives, coatings, and personal care products, aligning with global sustainability trends and regulatory standards
• In August 2023, Mitsubishi Chemical Corporation announced an investment in a new production facility to expand its acrylic ester manufacturing capacity. The facility is intended to meet the growing global demand for acrylic esters in various applications, including paints, coatings, and adhesives
• In June 2023, Evonik Industries entered into a strategic collaboration with a technology company to develop innovative acrylic ester products tailored for the healthcare industry. The partnership aims to create specialized materials for medical adhesives and drug delivery systems
• In January 2023, Dow Chemical Company announced a partnership with a leading automotive manufacturer to supply acrylic esters for advanced automotive coatings. This collaboration focuses on developing high-performance, durable coatings that meet stringent environmental regulations and performance standards
• In May 2022, BASF and SINOPEC commenced the expansion of their tert-butyl acrylate production facility in China. This initiative aims to address the increasing demand for acrylic esters in the region, particularly in coatings and adhesives industries  

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