Industry: Chemical & Material
Published Date: 2025-01-19
Pages: 158 Pages
Report ld: 3434131
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Acrylic Acid and Esters Market Size(US$)

CAGR 2025-2031
2.8%
Market Size,2031
USD 14,820
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Acrylic Acid and Esters was estimated to be worth US$ 11230 million in 2024 and is forecast to a readjusted size of US$ 14820 million by 2031 with a CAGR of 2.8% during the forecast period 2025-2031.
Acrylic acid and its esters are vital chemical intermediates that play an indispensable role in the manufacturing of numerous industrial and consumer products. Acrylic acid (C₃H₄O₂) is a colorless liquid with a pungent odor, primarily derived from propylene, a by-product of the petroleum refining process. It is the simplest unsaturated carboxylic acid, characterized by its high reactivity and excellent polymer-forming capability.
Acrylic esters are the derivatives of acrylic acid, formed by reacting acrylic acid with alcohols such as methanol, ethanol, butanol, and 2-ethylhexanol. These esters, such as methyl acrylate, ethyl acrylate, butyl acrylate, and 2-ethylhexyl acrylate, are widely used as monomers in the production of polymers and copolymers. These compounds find applications in adhesives, paints and coatings, textiles, plastics, and superabsorbent polymers (SAPs), among others.
The acrylic acid and esters market is a dynamic segment within the broader chemical industry, driven by growing demand for high-performance materials in construction, automotive, packaging, and personal care sectors. With advancements in manufacturing processes, increasing focus on sustainability, and rising consumer awareness, the market is poised for significant growth in the coming years.
The shift toward sustainable and renewable raw materials is leading to the development of bio-based acrylic acid, derived from biomass sources such as glycerol. This innovation addresses environmental concerns and aligns with global sustainability goals.
Advanced manufacturing techniques, such as catalytic oxidation and energy-efficient processes, are improving the cost-effectiveness and environmental performance of acrylic acid production.
The growing emphasis on green building practices and sustainable consumer products is driving demand for eco-friendly paints, coatings, and adhesives that utilize acrylic esters.
As industries in emerging economies expand, the demand for high-performance materials like acrylic acid and esters is expected to grow, creating new opportunities for market players.
One of the primary drivers of the acrylic acid market is the increasing demand for SAPs, which are primarily used in personal care products such as diapers, sanitary napkins, and adult incontinence products. SAPs exhibit exceptional water-absorbing and retaining capabilities, making them indispensable in hygiene applications. As the global population grows, coupled with an increasing emphasis on healthcare and hygiene, the demand for SAPs and, consequently, acrylic acid, continues to surge.
Acrylic esters, particularly butyl acrylate and 2-ethylhexyl acrylate, are widely used in the production of adhesives and sealants. These materials are essential in industries such as construction, automotive, and electronics, where strong, durable bonds are required. The growth of these industries, driven by rapid urbanization and industrial expansion, is boosting the demand for acrylic esters.
Acrylic acid and its esters are key components in the formulation of paints and coatings, offering properties such as weather resistance, UV stability, and adhesion. The construction and automotive sectors, major consumers of paints and coatings, are witnessing significant growth, particularly in emerging economies. This growth is directly contributing to the expansion of the acrylic acid and esters market.
The global well-known brands in Acrylic Acid and Esters include BASF, DOW, Nippon Shokubai, Akema, Formosa, HUAYI, Satellite, etc. The top three companies account for about 35% of the market. The global Acrylic Acid and ester market is led by Asia Pacific, capturing about 50% of global volume. North America is the second-largest region-wise market with 25% of consumption share.
This report aims to provide a comprehensive presentation of the global market for Acrylic Acid and Esters, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Acrylic Acid and Esters by region & country, by Type, and by Application.
The Acrylic Acid and Esters market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Acrylic Acid and Esters.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Acrylic Acid and Esters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Acrylic Acid and Esters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Acrylic Acid and Esters in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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TABLE OF CONTENTS
1 Market Overview
1.1 Acrylic Acid and Esters Product Introduction
1.2 Global Acrylic Acid and Esters Market Size Forecast
1.2.1 Global Acrylic Acid and Esters Sales Value (2020-2031)
1.2.2 Global Acrylic Acid and Esters Sales Volume (2020-2031)
1.2.3 Global Acrylic Acid and Esters Sales Price (2020-2031)
1.3 Acrylic Acid and Esters Market Trends & Drivers
1.3.1 Acrylic Acid and Esters Industry Trends
1.3.2 Acrylic Acid and Esters Market Drivers & Opportunity
1.3.3 Acrylic Acid and Esters Market Challenges
1.3.4 Acrylic Acid and Esters Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Acrylic Acid and Esters Players Revenue Ranking (2024)
2.2 Global Acrylic Acid and Esters Revenue by Company (2020-2025)
2.3 Global Acrylic Acid and Esters Players Sales Volume Ranking (2024)
2.4 Global Acrylic Acid and Esters Sales Volume by Company Players (2020-2025)
2.5 Global Acrylic Acid and Esters Average Price by Company (2020-2025)
2.6 Key Manufacturers Acrylic Acid and Esters Manufacturing Base and Headquarters
2.7 Key Manufacturers Acrylic Acid and Esters Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Acrylic Acid and Esters
2.9 Acrylic Acid and Esters Market Competitive Analysis
2.9.1 Acrylic Acid and Esters Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Acrylic Acid and Esters Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Acrylic Acid and Esters as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Acrylic Acid
3.1.2 Acrylate Esters
3.2 Global Acrylic Acid and Esters Sales Value by Type
3.2.1 Global Acrylic Acid and Esters Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Acrylic Acid and Esters Sales Value, by Type (2020-2031)
3.2.3 Global Acrylic Acid and Esters Sales Value, by Type (%) (2020-2031)
3.3 Global Acrylic Acid and Esters Sales Volume by Type
3.3.1 Global Acrylic Acid and Esters Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Acrylic Acid and Esters Sales Volume, by Type (2020-2031)
3.3.3 Global Acrylic Acid and Esters Sales Volume, by Type (%) (2020-2031)
3.4 Global Acrylic Acid and Esters Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Coatings Industry
4.1.2 Textile
4.1.3 Oil Exploitation
4.1.4 Pharmacy Industry
4.1.5 Others
4.2 Global Acrylic Acid and Esters Sales Value by Application
4.2.1 Global Acrylic Acid and Esters Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Acrylic Acid and Esters Sales Value, by Application (2020-2031)
4.2.3 Global Acrylic Acid and Esters Sales Value, by Application (%) (2020-2031)
4.3 Global Acrylic Acid and Esters Sales Volume by Application
4.3.1 Global Acrylic Acid and Esters Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Acrylic Acid and Esters Sales Volume, by Application (2020-2031)
4.3.3 Global Acrylic Acid and Esters Sales Volume, by Application (%) (2020-2031)
4.4 Global Acrylic Acid and Esters Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Acrylic Acid and Esters Sales Value by Region
5.1.1 Global Acrylic Acid and Esters Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Acrylic Acid and Esters Sales Value by Region (2020-2025)
5.1.3 Global Acrylic Acid and Esters Sales Value by Region (2026-2031)
5.1.4 Global Acrylic Acid and Esters Sales Value by Region (%), (2020-2031)
5.2 Global Acrylic Acid and Esters Sales Volume by Region
5.2.1 Global Acrylic Acid and Esters Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Acrylic Acid and Esters Sales Volume by Region (2020-2025)
5.2.3 Global Acrylic Acid and Esters Sales Volume by Region (2026-2031)
5.2.4 Global Acrylic Acid and Esters Sales Volume by Region (%), (2020-2031)
5.3 Global Acrylic Acid and Esters Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Acrylic Acid and Esters Sales Value, 2020-2031
5.4.2 North America Acrylic Acid and Esters Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Acrylic Acid and Esters Sales Value, 2020-2031
5.5.2 Europe Acrylic Acid and Esters Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Acrylic Acid and Esters Sales Value, 2020-2031
5.6.2 Asia Pacific Acrylic Acid and Esters Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Acrylic Acid and Esters Sales Value, 2020-2031
5.7.2 South America Acrylic Acid and Esters Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Acrylic Acid and Esters Sales Value, 2020-2031
5.8.2 Middle East & Africa Acrylic Acid and Esters Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Acrylic Acid and Esters Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Acrylic Acid and Esters Sales Value and Sales Volume
6.2.1 Key Countries/Regions Acrylic Acid and Esters Sales Value, 2020-2031
6.2.2 Key Countries/Regions Acrylic Acid and Esters Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Acrylic Acid and Esters Sales Value, 2020-2031
6.3.2 United States Acrylic Acid and Esters Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Acrylic Acid and Esters Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Acrylic Acid and Esters Sales Value, 2020-2031
6.4.2 Europe Acrylic Acid and Esters Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Acrylic Acid and Esters Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Acrylic Acid and Esters Sales Value, 2020-2031
6.5.2 China Acrylic Acid and Esters Sales Value by Type (%), 2024 VS 2031
6.5.3 China Acrylic Acid and Esters Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Acrylic Acid and Esters Sales Value, 2020-2031
6.6.2 Japan Acrylic Acid and Esters Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Acrylic Acid and Esters Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Acrylic Acid and Esters Sales Value, 2020-2031
6.7.2 South Korea Acrylic Acid and Esters Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Acrylic Acid and Esters Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Acrylic Acid and Esters Sales Value, 2020-2031
6.8.2 Southeast Asia Acrylic Acid and Esters Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Acrylic Acid and Esters Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Acrylic Acid and Esters Sales Value, 2020-2031
6.9.2 India Acrylic Acid and Esters Sales Value by Type (%), 2024 VS 2031
6.9.3 India Acrylic Acid and Esters Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 BASF
7.1.1 BASF Company Information
7.1.2 BASF Introduction and Business Overview
7.1.3 BASF Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 BASF Acrylic Acid and Esters Product Offerings
7.1.5 BASF Recent Development
7.2 DOW
7.2.1 DOW Company Information
7.2.2 DOW Introduction and Business Overview
7.2.3 DOW Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 DOW Acrylic Acid and Esters Product Offerings
7.2.5 DOW Recent Development
7.3 Nippon Shokubai
7.3.1 Nippon Shokubai Company Information
7.3.2 Nippon Shokubai Introduction and Business Overview
7.3.3 Nippon Shokubai Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Nippon Shokubai Acrylic Acid and Esters Product Offerings
7.3.5 Nippon Shokubai Recent Development
7.4 Akema
7.4.1 Akema Company Information
7.4.2 Akema Introduction and Business Overview
7.4.3 Akema Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Akema Acrylic Acid and Esters Product Offerings
7.4.5 Akema Recent Development
7.5 Formosa
7.5.1 Formosa Company Information
7.5.2 Formosa Introduction and Business Overview
7.5.3 Formosa Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Formosa Acrylic Acid and Esters Product Offerings
7.5.5 Formosa Recent Development
7.6 LG Chem
7.6.1 LG Chem Company Information
7.6.2 LG Chem Introduction and Business Overview
7.6.3 LG Chem Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 LG Chem Acrylic Acid and Esters Product Offerings
7.6.5 LG Chem Recent Development
7.7 Mitsubishi Chem
7.7.1 Mitsubishi Chem Company Information
7.7.2 Mitsubishi Chem Introduction and Business Overview
7.7.3 Mitsubishi Chem Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Mitsubishi Chem Acrylic Acid and Esters Product Offerings
7.7.5 Mitsubishi Chem Recent Development
7.8 Toagosei
7.8.1 Toagosei Company Information
7.8.2 Toagosei Introduction and Business Overview
7.8.3 Toagosei Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Toagosei Acrylic Acid and Esters Product Offerings
7.8.5 Toagosei Recent Development
7.9 Sasol
7.9.1 Sasol Company Information
7.9.2 Sasol Introduction and Business Overview
7.9.3 Sasol Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Sasol Acrylic Acid and Esters Product Offerings
7.9.5 Sasol Recent Development
7.10 Hexion
7.10.1 Hexion Company Information
7.10.2 Hexion Introduction and Business Overview
7.10.3 Hexion Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Hexion Acrylic Acid and Esters Product Offerings
7.10.5 Hexion Recent Development
7.11 Idemitsu Kosan
7.11.1 Idemitsu Kosan Company Information
7.11.2 Idemitsu Kosan Introduction and Business Overview
7.11.3 Idemitsu Kosan Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Idemitsu Kosan Acrylic Acid and Esters Product Offerings
7.11.5 Idemitsu Kosan Recent Development
7.12 HUAYI
7.12.1 HUAYI Company Information
7.12.2 HUAYI Introduction and Business Overview
7.12.3 HUAYI Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 HUAYI Acrylic Acid and Esters Product Offerings
7.12.5 HUAYI Recent Development
7.13 Satellite
7.13.1 Satellite Company Information
7.13.2 Satellite Introduction and Business Overview
7.13.3 Satellite Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Satellite Acrylic Acid and Esters Product Offerings
7.13.5 Satellite Recent Development
7.14 Basf-YPC
7.14.1 Basf-YPC Company Information
7.14.2 Basf-YPC Introduction and Business Overview
7.14.3 Basf-YPC Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Basf-YPC Acrylic Acid and Esters Product Offerings
7.14.5 Basf-YPC Recent Development
7.15 Sanmu Group
7.15.1 Sanmu Group Company Information
7.15.2 Sanmu Group Introduction and Business Overview
7.15.3 Sanmu Group Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Sanmu Group Acrylic Acid and Esters Product Offerings
7.15.5 Sanmu Group Recent Development
7.16 Shandong Kaitai
7.16.1 Shandong Kaitai Company Information
7.16.2 Shandong Kaitai Introduction and Business Overview
7.16.3 Shandong Kaitai Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Shandong Kaitai Acrylic Acid and Esters Product Offerings
7.16.5 Shandong Kaitai Recent Development
7.17 CNOOC
7.17.1 CNOOC Company Information
7.17.2 CNOOC Introduction and Business Overview
7.17.3 CNOOC Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 CNOOC Acrylic Acid and Esters Product Offerings
7.17.5 CNOOC Recent Development
7.18 Shenyang Chemical
7.18.1 Shenyang Chemical Company Information
7.18.2 Shenyang Chemical Introduction and Business Overview
7.18.3 Shenyang Chemical Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Shenyang Chemical Acrylic Acid and Esters Product Offerings
7.18.5 Shenyang Chemical Recent Development
7.19 CNPC
7.19.1 CNPC Company Information
7.19.2 CNPC Introduction and Business Overview
7.19.3 CNPC Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 CNPC Acrylic Acid and Esters Product Offerings
7.19.5 CNPC Recent Development
7.20 Wanhua Chemical
7.20.1 Wanhua Chemical Company Information
7.20.2 Wanhua Chemical Introduction and Business Overview
7.20.3 Wanhua Chemical Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 Wanhua Chemical Acrylic Acid and Esters Product Offerings
7.20.5 Wanhua Chemical Recent Development
7.21 Shandong Nuoer Biological
7.21.1 Shandong Nuoer Biological Company Information
7.21.2 Shandong Nuoer Biological Introduction and Business Overview
7.21.3 Shandong Nuoer Biological Acrylic Acid and Esters Sales, Revenue, Price and Gross Margin (2020-2025)
7.21.4 Shandong Nuoer Biological Acrylic Acid and Esters Product Offerings
7.21.5 Shandong Nuoer Biological Recent Development
8 Industry Chain Analysis
8.1 Acrylic Acid and Esters Industrial Chain
8.2 Acrylic Acid and Esters Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Acrylic Acid and Esters Sales Model
8.5.2 Sales Channel
8.5.3 Acrylic Acid and Esters Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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