Nigeria Acrylic Monomers Market (2025-2031) | Forecast, Segmentation, Growth, Industry, Analysis, Companies, Competitive Landscape, Size & Revenue, Share, Trends, Value, Outlook
Market Forecast By Product (Acrylate, Acrylic Acids and Salts, Bisphenol Acrylics, Polyfunctional Acrylics, Fluorinated Acrylics, Acrylonitrile, Acrylamide and Methacrylamide, Malemide), By Application (Plastic, Adhesives and Sealants, Synthetic Resins, Acrylic Fibers, Building Materials, Fabrics, Acrylic Rubber), By End-user Industry (Paints annd coatings, Building and Construction, Automotive, Consumer Goods, Packaging, Marine, Aerospace) And Competitive Landscape
| Product Code: ETC8617436 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Nigeria Acrylic Monomers Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Nigeria`s acrylic monomers import market in 2024 continued to be dominated by top exporting countries such as Saudi Arabia, China, USA, Eswatini, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -20.47% from 2020 to 2024. The growth rate further plummeted by -36.84% from 2023 to 2024, reflecting challenges in the industry. Stakeholders should closely monitor these trends and adapt strategies to navigate the evolving market landscape.
Key Highlights of the Report:
- Nigeria Acrylic Monomers Market Outlook
- Market Size of Nigeria Acrylic Monomers Market, 2024
- Forecast of Nigeria Acrylic Monomers Market, 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Revenues & Volume for the Period 2021- 2031
- Nigeria Acrylic Monomers Market Trend Evolution
- Nigeria Acrylic Monomers Market Drivers and Challenges
- Nigeria Acrylic Monomers Price Trends
- Nigeria Acrylic Monomers Porter's Five Forces
- Nigeria Acrylic Monomers Industry Life Cycle
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Product for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Acrylate for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Acrylic Acids and Salts for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Bisphenol Acrylics for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Polyfunctional Acrylics for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Fluorinated Acrylics for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Acrylonitrile for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Acrylamide and Methacrylamide for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylate Acrylic Monomers Market Revenues & Volume By Malemide for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Plastic for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Adhesives and Sealants for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Synthetic Resins for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Acrylic Fibers for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Building Materials for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Fabrics for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Acrylic Rubber for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By End-user Industry for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Paints annd coatings for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Building and Construction for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Automotive for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Consumer Goods for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Packaging for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Marine for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Acrylic Monomers Market Revenues & Volume By Aerospace for the Period 2021- 2031
- Nigeria Acrylic Monomers Import Export Trade Statistics
- Market Opportunity Assessment By Product
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By End-user Industry
- Nigeria Acrylic Monomers Top Companies Market Share
- Nigeria Acrylic Monomers Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Acrylic Monomers Company Profiles
- Nigeria Acrylic Monomers Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria Acrylic Monomers 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 Nigeria Acrylic Monomers 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 Nigeria Acrylic Monomers Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Acrylic Monomers Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Acrylic Monomers Market - Industry Life Cycle |
3.4 Nigeria Acrylic Monomers Market - Porter's Five Forces |
3.5 Nigeria Acrylic Monomers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Nigeria Acrylic Monomers Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Acrylic Monomers Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Nigeria Acrylic Monomers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for adhesives, coatings, and sealants in various industries such as construction, automotive, and packaging. |
4.2.2 Growth in the construction industry in Nigeria leading to higher demand for acrylic monomers for paints and coatings. |
4.2.3 Rising investments in infrastructure projects driving the demand for acrylic monomers. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs. |
4.3.2 Dependency on imports for certain types of acrylic monomers leading to supply chain challenges. |
5 Nigeria Acrylic Monomers Market Trends |
6 Nigeria Acrylic Monomers Market, By Types |
6.1 Nigeria Acrylic Monomers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Acrylic Monomers Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Nigeria Acrylic Monomers Market Revenues & Volume, By Acrylate, 2021- 2031F |
6.1.4 Nigeria Acrylic Monomers Market Revenues & Volume, By Acrylic Acids and Salts, 2021- 2031F |
6.1.5 Nigeria Acrylic Monomers Market Revenues & Volume, By Bisphenol Acrylics, 2021- 2031F |
6.1.6 Nigeria Acrylic Monomers Market Revenues & Volume, By Polyfunctional Acrylics, 2021- 2031F |
6.1.7 Nigeria Acrylic Monomers Market Revenues & Volume, By Fluorinated Acrylics, 2021- 2031F |
6.1.8 Nigeria Acrylic Monomers Market Revenues & Volume, By Acrylonitrile, 2021- 2031F |
6.1.9 Nigeria Acrylic Monomers Market Revenues & Volume, By Malemide, 2021- 2031F |
6.1.10 Nigeria Acrylic Monomers Market Revenues & Volume, By Malemide, 2021- 2031F |
6.2 Nigeria Acrylic Monomers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Acrylic Monomers Market Revenues & Volume, By Plastic, 2021- 2031F |
6.2.3 Nigeria Acrylic Monomers Market Revenues & Volume, By Adhesives and Sealants, 2021- 2031F |
6.2.4 Nigeria Acrylic Monomers Market Revenues & Volume, By Synthetic Resins, 2021- 2031F |
6.2.5 Nigeria Acrylic Monomers Market Revenues & Volume, By Acrylic Fibers, 2021- 2031F |
6.2.6 Nigeria Acrylic Monomers Market Revenues & Volume, By Building Materials, 2021- 2031F |
6.2.7 Nigeria Acrylic Monomers Market Revenues & Volume, By Fabrics, 2021- 2031F |
6.3 Nigeria Acrylic Monomers Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Acrylic Monomers Market Revenues & Volume, By Paints annd coatings, 2021- 2031F |
6.3.3 Nigeria Acrylic Monomers Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.3.4 Nigeria Acrylic Monomers Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.5 Nigeria Acrylic Monomers Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.3.6 Nigeria Acrylic Monomers Market Revenues & Volume, By Packaging, 2021- 2031F |
6.3.7 Nigeria Acrylic Monomers Market Revenues & Volume, By Marine, 2021- 2031F |
7 Nigeria Acrylic Monomers Market Import-Export Trade Statistics |
7.1 Nigeria Acrylic Monomers Market Export to Major Countries |
7.2 Nigeria Acrylic Monomers Market Imports from Major Countries |
8 Nigeria Acrylic Monomers Market Key Performance Indicators |
8.1 Average selling price of acrylic monomers in the Nigerian market. |
8.2 Percentage of acrylic monomers used in the construction industry. |
8.3 Number of infrastructure projects using acrylic monomers as a key component. |
8.4 Adoption rate of acrylic monomers in new applications or industries. |
9 Nigeria Acrylic Monomers Market - Opportunity Assessment |
9.1 Nigeria Acrylic Monomers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Nigeria Acrylic Monomers Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Acrylic Monomers Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Nigeria Acrylic Monomers Market - Competitive Landscape |
10.1 Nigeria Acrylic Monomers Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Acrylic Monomers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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