Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Acrylates Copolymer Market size was USD 6.7 billion in 2024 and is estimated to reach USD 21.2 billion by the end of 2037, expanding at a CAGR of 10.1% during the forecast period, i.e., 2025-2037. In 2025, the industry size of acrylates copolymer is assessed at around USD 7.3 billion.
The acrylates copolymer market will expand during the forecast period due to the rising infrastructure and construction projects associated with rapid industrialization and urbanization. According to the World Bank, approximately 4.4 billion people, or 56% of the world's population, live in cities. By 2050, the urban population is predicted to have more than doubled from its current level, with approximately seven out of ten people living in cities.
Acrylic-based solutions utilized in architecture and construction, such as paints, coatings, adhesives, and sealants, offer remarkably consistent quality and performance while remaining cost-effective. They are frequently used as binders for exterior and interior paints because of their superior pigment-binding capabilities. Furthermore, these compounds give the substrate a high gloss finish and longevity due to their low propensity to absorb dirt. As a result, the building and construction industries are seeing a surge in demand for acrylate-based solutions.
Acrylates Copolymer Sector: Growth Drivers and Challenges
Growth Drivers
- Extensive use in the cosmetic industry: Acrylate copolymers' mattifying, velvety, ball-bearing, velvet-like properties make them popular in the cosmetics sector as thickeners, beads, and non-porous beads. The many advantages of acrylate copolymer, including its ability to smooth and soften the skin, have made it a popular choice in various products like shampoos, body lotions, and nail polishes. For instance, in April 2019, SNF launched NAT 132 FLOCARETM to satisfy the requirements of the new minimalist formulation patterns with high requirements for the Natural Index. This naturally occurring polymer is meant to be used as the main emulsifier in skin care products, giving specialty creams and lotions a smooth and revitalizing after-feel.
- Increased research & development initiatives: As customer demand for sustainable and eco-friendly products rises, companies that invest in cutting-edge technologies can gain a competitive advantage. Also, ongoing R&D activities in the coatings industry lead to the development of innovative coating formulations that require advanced polymer materials. For instance, in November 2023, SKFP launched a novel ethylene-acrylate copolymer, LOTRYL 40MA05T, which contains 40% methyl acrylate. Customers requested cost-competitive highly polar and extremely flexible copolymers, which led to the development of this novel product.
- Increased production of sustainable & eco-friendly products: Consumer demand for sustainable and environmentally friendly products is rising across a range of industries, including personal care, automotive, and packaging. Manufacturers can appeal to consumers who are environmentally conscious by offering sustainable acrylates copolymer choices. For instance, in August 2024, BASF signals a definite shift toward biotransformation of their (Meth)Acrylate portfolio, switching manufacturing to bio-based Ethyl Acrylate (EA) in Q4 2024. With a 14C-traceable bio content of 40% according to DIN EN 16640 and a reduced Product Carbon Footprint (PCF1), BASF's bio-based EA assists companies globally in achieving their sustainability goals.
Additionally, since sustainability is a major industry concern, there is a growing desire for bio-based and renewable alternatives to conventional polymers manufactured from petrochemicals. The development and commercialization of sustainable acrylate copolymers made from renewable feedstocks are being investigated by major players.
Challenges
- Stringent health & safety regulations: Manufacturers of acrylate copolymers may have difficulties due to strict laws governing the use of chemicals in consumer goods, especially in the cosmetics and personal care industry. Additional testing and formulation modifications may be necessary to comply with regulatory criteria for product safety and toxicity perhaps restricting acrylates copolymer market expansion and raising production costs. Companies may also face additional costs and logistical challenges if they are required to invest in waste treatment facilities or adopt environmentally friendly production practices to meet environmental regulations.
- Increased economic downturns: Increased demand for goods and services in various businesses, including those that employ acrylates copolymers, can be adversely affected by economic downturns or recessions. Economic downturns can limit market expansion and investment in innovative technologies and applications due to decreased consumer spending, a decline in industrial activity, and supply chain disruptions. This may hinder the acrylates copolymer market growth.
Acrylates Copolymer Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
10.1% |
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Base Year Market Size (2024) |
USD 6.7 billion |
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Forecast Year Market Size (2037) |
USD 21.2 billion |
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Regional Scope |
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Acrylates Copolymer Segmentation
Application (Cosmetic, Textiles, Chemical, Leather, Foods & Beverages, Adhesives, Glass)
Adhesives segment is set to dominate acrylates copolymer market share of around 35.3% by the end of 2037. The segment growth can be attributed to the growing use of acrylate copolymer in the packaging industry. Acrylates are used in the production of adhesives and sealants. They are gaining momentum in the packaging industry due to their high solids content, excellent water resistance, and strong adhesion and cohesion. Acrylic adhesives exhibit outstanding overall performance qualities and are incredibly flexible. Depending on the formulation, adhesives based on acrylic resins can provide bonding that is robust and flexible or hard and inflexible. They are typically chosen for outdoor applications due to their inherent stability against oxidation and UV exposure, as well as their resistance to chemicals. Although acrylic resin glue solutions are often costlier than rubber-based adhesives, they have a longer lifespan.
End use (Textile, Paints & Coatings, Electrical & Electronics, Building & Construction, Automotive)
In acrylates copolymer market, building & construction segment is expected to dominate revenue share of around 60.2% by the end of 2037. The segment growth can be attributed to the increased use of acrylate copolymer in building materials to improve durability and performance. Acrylate copolymers are also utilized in thermal insulation materials to reduce heating and cooling costs and increase energy efficiency. They also aid in sound insulation, contributing to a calm and comfortable living environment. Adhesives are necessary for both new and conventional building materials, such as concrete, plastics, wood panels, etc., to exhibit strong adherence, enhanced performance, and simpler application. The construction sector is using adhesives more frequently as a result of these advantages.
Our in-depth analysis of the global acrylates copolymer market includes the following segments:
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Application |
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End use |
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Customize this ReportAcrylates Copolymer Industry - Regional Synopsis
North America Market Statistics
North America acrylates copolymer market is poised to hold revenue share of over 39.5% by the end of 2037. Strict environmental regulations in North America have encouraged the adoption of eco-friendly and low-VOC materials, which has made acrylates copolymers a viable alternative. The local construction industry also has an impact on the need for acrylate copolymers in infrastructure and construction projects.
Furthermore, the U.S. and Canada have a well-established technological infrastructure with a strong focus on research and development. Acrylate copolymers are therefore highly used as coating additives and in personal care products. According to the International Trade Administration, in Canada, the cosmetics industry generated USD 1.24 billion in 2021. Furthermore, leveraging technology to improve marketing strategies, developing innovative eco-friendly packaging and designs for cosmetic products, and tailoring offerings to suit the age, gender, and ethnicity of consumers in the cosmetics industry are major factors collectively fueling the growth of the acrylates copolymer market.
APAC Market Analysis
Acrylates copolymer market in Asia Pacific is anticipated to hold a significant share by 2037. The market growth can be attributed to the availability of skilled labor, favorable government policies, and low product costs. Also, growing manufacturing activities surge the demand for acrylate copolymers as raw materials for manufacturing coatings, adhesives, and other industrial projects. Furthermore, growing plastic production in the region is accelerating the acrylates copolymer market growth. Also, the need for paints, adhesives, and plastic sheets is rising due to India's expanding construction industry, which is increasing the need for acrylate monomers to make finished goods.
The demand for acrylate copolymers in the cosmetics industry is rising in China due to consumer awareness of personal grooming and beauty goods. According to Euromonitor International’s latest data, sales of beauty and personal care in China hit USD 88 billion in 2021, a rise of 10% over the previous year. The growing packaging and construction sectors are significant forces behind China's acrylates copolymer market rise.
Companies Dominating the Acrylates Copolymer Landscape
- Arkema
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Celanese Corporation
- BASF SE
- ACURO ORGANICS LIMITED
- Archroma
- The Dow Chemical Company
- OMNOVA Solutions Inc.
- The Lubrizol Corporation
- SNF Group
- H.B. Fuller Company
Leading companies in the acrylates copolymer market are making significant R&D investments to broaden their product lines. Key market developments include new product releases, contractual agreements, mergers and acquisitions, increased investments, and cooperation with other organizations. Market participants are also pursuing a range of strategic efforts to broaden their global reach. To grow and thrive in a more competitive and growing acrylates copolymer market environment, the acrylates copolymer sector needs to provide affordable products.
In the News
- In April 2024, Archroma, a global leader in specialty chemicals focused on sustainable solutions, developed an innovative formaldehyde and PFAS-free durable hydrophobic acrylic copolymer that enables brands and mills to produce weather and hydrolysis-resistant fabrics for all substrate types without sacrificing quality or introducing hazardous chemicals.
- In September 2023, BASF used a patented technology to produce 2-Octyl Acrylate (2-OA), adding to its expanding line of bio-based monomers. The new product, which has 73% 14C-traceable bio-based content by ISO 16620, highlights BASF's strong commitment to innovation for a sustainable future.
Author Credits: Rajrani Baghel
- Report ID: 6808
- Published Date: Dec 23, 2024
- Report Format: PDF, PPT
