Global Acrylate Monomer Market Set for Strong Growth Through 2031, Driven by Construction and Coatings Demand
The Global Acrylate Monomer Market is projected to experience robust growth through the forecast period 2023-2031, with a notable compound annual growth rate (CAGR) of approximately 5.9%, underpinned by expanding end-use applications across paints & coatings, adhesives, construction chemicals and other industrial sectors.
Market Overview
Base Year: 2023
Forecast Year: 2031
Projected CAGR: ~5.9% through 2031, highlighting sustained expansion in demand for acrylate-based products across global markets.
Key Highlights
Largest Region: North America remains a robust and mature market with significant industrialized demand.
Fastest Growing Region: Asia Pacific is poised for accelerated growth driven by rapid industrial expansion and infrastructure development.
Largest Segment: By type and application, traditional monomers such as methyl acrylate and butyl acrylate dominate due to their broad usage in coatings and adhesives.
Fastest Growing Segment: Specialty and high-performance acrylates are gaining traction as demand rises for advanced coating and construction solutions.
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Market Dynamics
Drivers:
Market growth is primarily driven by expanding demand across paints and coatings, adhesives, and construction chemicals, as industries increasingly seek high-performance monomer solutions. These end-use sectors are responding to modernization and infrastructure investments globally, particularly in emerging economies.
Restraints & Opportunities:
While economic uncertainties, regulatory dynamics and raw material supply fluctuations present challenges, they also create openings for innovation. The development of bio-based monomers, UV-curable monomers and high-performance acrylates represent key opportunities for manufacturers to expand applications and enhance sustainability profiles.
Top Market Players
Leading organizations competing in the Global Acrylate Monomer Market include:
BASF
Sartomer (Arkema)
Dow Chemical Company
Hexion
SIBUR
Allnex
ExxonMobil
DuPont
Evonik
Market Segmentation
By Type
Methyl Acrylate
Ethyl Acrylate
Butyl Acrylate
2-Ethylhexyl Acrylate
Other Types
By Application
Adhesives
Coatings
Plastics
Textiles
Other Applications
By Region
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
About the Report
The Global Acrylate Monomer Market Size, Share and Trends Report, 2031 offers a detailed analysis of the industry’s growth drivers, opportunities, challenges, key market players and the competitive landscape. It also provides extensive segmentation by type, application and geography to support businesses in strategic decision-making.
