Product Code: ETC13142726 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Methyl Acrylate Market was valued at USD 6.4 Billion in 2024 and is expected to reach USD 8.9 Billion by 2031, growing at a compound annual growth rate of 4.80% during the forecast period (2025-2031).
The global methyl acrylate market is experiencing steady growth due to its wide application in the production of adhesives, coatings, and textiles. Key drivers for market growth include increasing demand for acrylic-based products in various industries such as automotive, construction, and electronics. Additionally, the growing trend of sustainability and eco-friendly products is driving the market towards bio-based methyl acrylate alternatives. Asia-Pacific region dominates the market due to the presence of major manufacturers and increasing industrial activities. Key players in the market are focusing on research and development activities to improve product quality and expand their market presence. However, volatility in raw material prices and environmental regulations regarding the use of methyl acrylate may pose challenges to market growth in the coming years.
The Global Methyl Acrylate Market is experiencing steady growth due to increasing demand from end-use industries such as paints and coatings, adhesives, textiles, and personal care products. The market is driven by the growing construction and automotive sectors, particularly in emerging economies. Additionally, the shift towards eco-friendly and sustainable products is creating opportunities for bio-based methyl acrylate derivatives. Technological advancements in production processes and increasing investments in research and development are expected to further propel market growth. However, fluctuating raw material prices and strict environmental regulations may pose challenges for market players. Overall, the Global Methyl Acrylate Market presents promising opportunities for manufacturers to innovate and expand their product offerings to meet evolving consumer preferences.
The Global Methyl Acrylate Market faces several challenges, including fluctuating raw material prices, stringent government regulations regarding environmental impact, and increasing competition from alternative products. The volatility in raw material prices can directly impact production costs and profit margins for manufacturers. Additionally, regulations aimed at reducing emissions and promoting sustainability can pose compliance challenges for companies operating in the methyl acrylate market. Moreover, the market is witnessing a shift towards bio-based and eco-friendly alternatives, which can threaten the demand for traditional methyl acrylate products. Navigating these challenges requires industry players to innovate, adapt to changing market dynamics, and invest in sustainable practices to remain competitive in the global marketplace.
The global methyl acrylate market is primarily driven by the increasing demand for adhesives and coatings in various industries such as automotive, construction, and packaging. Methyl acrylate is widely used in the production of adhesives and coatings due to its excellent adhesive properties and resistance to harsh environmental conditions. Additionally, the growing construction and automotive industries in emerging economies are fueling the demand for methyl acrylate-based products. Moreover, the shift towards eco-friendly and sustainable products is driving the market growth as methyl acrylate can be used in the production of environmentally friendly coatings and adhesives. Furthermore, technological advancements in the production processes and increasing research and development activities are expected to further boost the market growth for methyl acrylate globally.
Government policies related to the Global Methyl Acrylate Market typically focus on regulating the production, transportation, and usage of methyl acrylate to ensure safety, environmental protection, and fair competition. These policies may include regulations on emissions control, occupational health and safety standards, waste management practices, and trade tariffs. Additionally, governments may implement incentives or subsidies to promote the use of eco-friendly production methods or to support domestic production of methyl acrylate. Compliance with these policies is essential for companies operating in the methyl acrylate market to avoid penalties, maintain public trust, and contribute to sustainable development goals. Overall, government policies play a crucial role in shaping the dynamics of the Global Methyl Acrylate Market and influencing industry practices.
The Global Methyl Acrylate Market is expected to witness steady growth in the coming years, driven by increasing demand from end-use industries such as paints and coatings, adhesives, and textiles. The growing construction and automotive sectors, particularly in emerging economies, will further fuel the demand for methyl acrylate. Additionally, the shift towards sustainable and eco-friendly products is likely to drive the market, with manufacturers investing in research and development to develop bio-based alternatives. However, challenges such as volatility in raw material prices and stringent regulations regarding the use of chemical products may hinder market growth. Overall, the market is projected to expand at a moderate pace, with key players focusing on innovation and strategic partnerships to maintain their competitive edge.
In the global methyl acrylate market, Asia Pacific is anticipated to witness significant growth due to the expanding industrial sector in countries like China and India. North America is also expected to show steady growth owing to the presence of key manufacturers and the increasing demand for adhesives and coatings. In Europe, the market is likely to be driven by the growing automotive and construction industries. The Middle East and Africa region is poised for moderate growth, supported by infrastructure development projects. Latin America is projected to exhibit steady growth due to the rising demand for packaging materials and textiles. Overall, the global methyl acrylate market is expected to experience growth across all regions, with varying levels of demand influenced by industrial activities and economic developments.
Global Methyl Acrylate Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Methyl Acrylate Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Methyl Acrylate Market Revenues & Volume, 2021 & 2031F |
3.3 Global Methyl Acrylate Market - Industry Life Cycle |
3.4 Global Methyl Acrylate Market - Porter's Five Forces |
3.5 Global Methyl Acrylate Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Methyl Acrylate Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Global Methyl Acrylate Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Methyl Acrylate Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Methyl Acrylate Market Trends |
6 Global Methyl Acrylate Market, 2021 - 2031 |
6.1 Global Methyl Acrylate Market, Revenues & Volume, By Application, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Methyl Acrylate Market, Revenues & Volume, By Surface Coatings, 2021 - 2031 |
6.1.3 Global Methyl Acrylate Market, Revenues & Volume, By Adhesives And Sealants, 2021 - 2031 |
6.1.4 Global Methyl Acrylate Market, Revenues & Volume, By Textiles, 2021 - 2031 |
6.1.5 Global Methyl Acrylate Market, Revenues & Volume, By Plastic Additives, 2021 - 2031 |
6.1.6 Global Methyl Acrylate Market, Revenues & Volume, By Chemical Synthesis, 2021 - 2031 |
6.1.7 Global Methyl Acrylate Market, Revenues & Volume, By Detergents, 2021 - 2031 |
6.1.8 Global Methyl Acrylate Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Methyl Acrylate Market, Revenues & Volume, By End User, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Methyl Acrylate Market, Revenues & Volume, By Paint And Coating, 2021 - 2031 |
6.2.3 Global Methyl Acrylate Market, Revenues & Volume, By Automobile, 2021 - 2031 |
6.2.4 Global Methyl Acrylate Market, Revenues & Volume, By Packaging, 2021 - 2031 |
6.2.5 Global Methyl Acrylate Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.2.6 Global Methyl Acrylate Market, Revenues & Volume, By Cosmetics, 2021 - 2031 |
6.2.7 Global Methyl Acrylate Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Methyl Acrylate Market, Overview & Analysis |
7.1 North America Methyl Acrylate Market Revenues & Volume, 2021 - 2031 |
7.2 North America Methyl Acrylate Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Methyl Acrylate Market, Revenues & Volume, By Application, 2021 - 2031 |
7.4 North America Methyl Acrylate Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Methyl Acrylate Market, Overview & Analysis |
8.1 Latin America (LATAM) Methyl Acrylate Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Methyl Acrylate Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Methyl Acrylate Market, Revenues & Volume, By Application, 2021 - 2031 |
8.4 Latin America (LATAM) Methyl Acrylate Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Methyl Acrylate Market, Overview & Analysis |
9.1 Asia Methyl Acrylate Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Methyl Acrylate Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Methyl Acrylate Market, Revenues & Volume, By Application, 2021 - 2031 |
9.4 Asia Methyl Acrylate Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Methyl Acrylate Market, Overview & Analysis |
10.1 Africa Methyl Acrylate Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Methyl Acrylate Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Methyl Acrylate Market, Revenues & Volume, By Application, 2021 - 2031 |
10.4 Africa Methyl Acrylate Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Methyl Acrylate Market, Overview & Analysis |
11.1 Europe Methyl Acrylate Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Methyl Acrylate Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Methyl Acrylate Market, Revenues & Volume, By Application, 2021 - 2031 |
11.4 Europe Methyl Acrylate Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Methyl Acrylate Market, Overview & Analysis |
12.1 Middle East Methyl Acrylate Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Methyl Acrylate Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Methyl Acrylate Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Methyl Acrylate Market, Revenues & Volume, By Application, 2021 - 2031 |
12.4 Middle East Methyl Acrylate Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Methyl Acrylate Market Key Performance Indicators |
14 Global Methyl Acrylate Market - Export/Import By Countries Assessment |
15 Global Methyl Acrylate Market - Opportunity Assessment |
15.1 Global Methyl Acrylate Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Methyl Acrylate Market Opportunity Assessment, By Application, 2021 & 2031F |
15.3 Global Methyl Acrylate Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Methyl Acrylate Market - Competitive Landscape |
16.1 Global Methyl Acrylate Market Revenue Share, By Companies, 2024 |
16.2 Global Methyl Acrylate Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |