India Acrylate Market (2025-2031) Outlook | Forecast, Share, Revenue, Industry, Growth, Analysis, Size, Companies, Value & Trends

Market Forecast By Chemistry (Butyl Acrylate, Ethyl Acrylate, Methyl Acrylate), By Application (Paints & Coatings, Adhesives, Fabrics), By End Use Industry (Packaging, Consumer Goods, Building & Construction, Automotive) And Competitive Landscape
Product Code: ETC4480345 Publication Date: Jul 2023 Updated Date: Nov 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 85 No. of Figures: 45 No. of Tables: 25

India Acrylate Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India`s acrylate import market continued to thrive in 2024, with top exporters including China, Taiwan, Malaysia, and South Korea. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 7.64% from 2020 to 2024 reflects sustained expansion. Notably, the growth rate spiked to 20.76% from 2023 to 2024, underscoring the increasing demand for acrylate in India. The market dynamics suggest a promising outlook for the acrylate import sector, driven by strong partnerships with key exporting countries.

India Acrylate Market Top 5 Importing Countries and Market Competition (HHI) Analysis

India Acrylate Market Overview

The India Acrylate market is thriving due to the widespread use of acrylates in adhesives, coatings, and textiles. These versatile compounds are known for their adhesive and structural properties. The market growth is closely linked to the growth of India manufacturing and construction sectors.

Drivers of the Market

The India acrylate market is driven by the thriving construction and adhesive industries. Acrylates are essential components in adhesives and sealants, and with the growth of the construction sector, the demand for acrylate-based products is increasing. Additionally, the expanding automotive and packaging industries are contributing to the growth of the acrylate market in India.

Challenges of the Market

One of the challenges in the acrylate market is the volatility of raw material prices, particularly acrylic acid. Price fluctuations can affect production costs and profit margins. Additionally, the need to meet quality standards and performance requirements while keeping production efficient is an ongoing challenge.

COVID-19 Impact on the Market

The India Acrylate market was significantly affected by the pandemic. With reduced construction and automotive activities, which are major consumers of acrylate-based products, the market witnessed a decline in demand. The disruptions in logistics and transportation also hampered the supply chain, leading to fluctuating prices. As the construction and automotive sectors regain momentum post-pandemic, the acrylate market is expected to recover.

Key Players in the Market

Major contributors to the acrylate market in India include Dow India, BASF India Limited, Mitsubishi Chemical India Pvt. Ltd., and LG Chem India Pvt. Ltd. These companies focus on producing a wide range of acrylate products, catering to diverse applications in adhesives, coatings, and textiles.

Key Highlights of the Report:

  • India Acrylate Market Outlook
  • Market Size of India Acrylate Market, 2024
  • Forecast of India Acrylate Market, 2031
  • Historical Data and Forecast of India Acrylate Revenues & Volume for the Period 2021-2031
  • India Acrylate Market Trend Evolution
  • India Acrylate Market Drivers and Challenges
  • India Acrylate Price Trends
  • India Acrylate Porter's Five Forces
  • India Acrylate Industry Life Cycle
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Chemistry for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Butyl Acrylate for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Ethyl Acrylate for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Methyl Acrylate for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Paints & Coatings for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Adhesives for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Fabrics for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By End Use Industry for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Packaging for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Consumer Goods for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Building & Construction for the Period 2021-2031
  • Historical Data and Forecast of India Acrylate Market Revenues & Volume By Automotive for the Period 2021-2031
  • India Acrylate Import Export Trade Statistics
  • Market Opportunity Assessment By Chemistry
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End Use Industry
  • India Acrylate Top Companies Market Share
  • India Acrylate Competitive Benchmarking By Technical and Operational Parameters
  • India Acrylate Company Profiles
  • India Acrylate Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the India Acrylate Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Acrylate Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 India Acrylate Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Acrylate Market Revenues & Volume, 2021 & 2031F

3.3 India Acrylate Market - Industry Life Cycle

3.4 India Acrylate Market - Porter's Five Forces

3.5 India Acrylate Market Revenues & Volume Share, By Chemistry, 2021 & 2031F

3.6 India Acrylate Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 India Acrylate Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F

4 India Acrylate Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growth in end-use industries such as paints and coatings, adhesives, and textiles

4.2.2 Increasing demand for eco-friendly and sustainable products

4.2.3 Rise in disposable income leading to higher consumer spending

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials such as acrylic acid and methanol

4.3.2 Stringent environmental regulations impacting production processes

4.3.3 Competition from alternative materials like polyurethane and epoxy resins

5 India Acrylate Market Trends

6 India Acrylate Market, By Types

6.1 India Acrylate Market, By Chemistry

6.1.1 Overview and Analysis

6.1.2 India Acrylate Market Revenues & Volume, By Chemistry, 2021-2031F

6.1.3 India Acrylate Market Revenues & Volume, By Butyl Acrylate, 2021-2031F

6.1.4 India Acrylate Market Revenues & Volume, By Ethyl Acrylate, 2021-2031F

6.1.5 India Acrylate Market Revenues & Volume, By Methyl Acrylate, 2021-2031F

6.2 India Acrylate Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Acrylate Market Revenues & Volume, By Paints & Coatings, 2021-2031F

6.2.3 India Acrylate Market Revenues & Volume, By Adhesives, 2021-2031F

6.2.4 India Acrylate Market Revenues & Volume, By Fabrics, 2021-2031F

6.3 India Acrylate Market, By End Use Industry

6.3.1 Overview and Analysis

6.3.2 India Acrylate Market Revenues & Volume, By Packaging, 2021-2031F

6.3.3 India Acrylate Market Revenues & Volume, By Consumer Goods, 2021-2031F

6.3.4 India Acrylate Market Revenues & Volume, By Building & Construction, 2021-2031F

6.3.5 India Acrylate Market Revenues & Volume, By Automotive, 2021-2031F

7 India Acrylate Market Import-Export Trade Statistics

7.1 India Acrylate Market Export to Major Countries

7.2 India Acrylate Market Imports from Major Countries

8 India Acrylate Market Key Performance Indicators

8.1 Average selling price of acrylate products

8.2 Number of new product developments and innovations in the market

8.3 Adoption rate of sustainable practices in acrylate production

8.4 Utilization rate of production capacities in acrylate manufacturing plants

8.5 Investment in research and development for new acrylate applications

9 India Acrylate Market - Opportunity Assessment

9.1 India Acrylate Market Opportunity Assessment, By Chemistry, 2021 & 2031F

9.2 India Acrylate Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 India Acrylate Market Opportunity Assessment, By End Use Industry, 2021 & 2031F

10 India Acrylate Market - Competitive Landscape

10.1 India Acrylate Market Revenue Share, By Companies, 2024

10.2 India Acrylate Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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