Acrylic monomers consist of a vinyl group and carboxylic acid and form acrylate polymers with a structure similar to acrylic acid. According to BlueQuark Research & Consulting, the global Acrylate Monomers market is expected to witness significant growth during the forecasted period. Factors such as the increasing expanding demand for plastics as a dissolvable in end-user industry and rubber manufacturing and development within the sum of ordinances on confining hydrocarbons oil substance in propellant are the root causes fueling up the Acrylate Monomers market. Further, the mounting consumption of butyl acrylate as a solution and superior properties of acrylic monomers, such as UV resistance, gloss, durability, and high flexibility, is expected to drive the Acrylate Monomers market in the forecasted period. Furthermore, the significant increase in the demand from the textile industry and growing developments in the construction and infrastructure industry in emerging economies are expected to foster the growth of the acrylic monomers market. However, the stringent policies confining its use due to the marked toxic nature caused by direct exposure are projected to pose a significant challenge to the growth of the global acrylate monomers market in the forecasted period.

Acrylate Monomers prepare products such as paints, logos, and fake eyeballs. They possess superior properties such as durability, UV resistance, gloss, and high flexibility, which is why they are used in the textile, construction, automotive, and painting industry.

The plastics made from acrylate monomers are rigid and hugely transparent, with excellent resistance to ultraviolet radiation and weathering. They are usually used as a substitute for glass to reduce weight, increase life, reduce cost, increase flexibility, and impart attractiveness. The monomers, like methyl methacrylate, are made to react in the presence of a catalyst, manufacturing acrylic plastic polymers. These plastics are commonly available in three forms elongated shapes (rods and tubes), flat sheets, and molding powder. The plastics can be molded, colored, cut, drilled, and formed. These characteristics make it ideal for many applications, including airplane windshields, automobile taillights, skylights, and outdoor signs. The major industry for the segment of these plastics is planning and construction (window and door profiles, panels, facade design, canopies), automotive and transportation (motorcycle windshields, car windows, interior and exterior panels, fenders), lighting (LED lights), electronics, and healthcare. Acrylic monomers are very highly reactive chemicals. Acrylic monomer liquids are primarily used in polymer powder to form long-lasting acrylic nails. Acrylic monomers contain ethyl methacrylate (EMA) owing to their maximum strength, rapid implementation, and superior adhesion property. Acrylic monomer products also contain plasticizers and UV inhibitors and are primarily utilized for preparing more flexible and durable nails. Due to their superior characteristics, acrylic monomers are predominantly used in the textile, construction, painting, and automotive industries. In addition, acrylic monomers are also utilized to prepare various cosmetic products, and the composition of acrylic monomers provides unique softness to the cosmetic product. For example, the properties of acrylic monomers are primarily used in manufacturing all kinds of skincare products, such as emulsions or gels, to cover wrinkles and fine lines.

Asia-Pacific accounted for a significant market share and is awaited to dominate the market during the forecasted period. The key factors propelling the Asia-Pacific market are promising trends for paints and coatings in India and China due to the increasing investment in the construction industry. This asset growth has led to an increase in construction activities and electronics, plastics, and paints, leading to an expected surge in demand for acrylate monomers over the forecasted period. Acrylic acid is gaining traction owing to high demand in the construction and automotive industries. The development of acrylic polymers is also rising in market growth. The monomer of acrylic fiber is observing high demand in the textile industry. Polyacrylic acid is a compound of acrylic acid commonly used in adhesives, disposable diapers, and exchange resins. Methacrylic acid and Acrylate polymer or polyacrylate are other products of the market which find a wider range of applications. Acrylic resin or acrylate resin is derived from acrylic resin and is used in automotive and plastic coatings. The rising number of environmental regulations over VOC emissions, especially concerning solvent-borne coatings, has increased the demand for water-based coatings, which is expected to impact market growth positively. The boundless usage of acrylate monomers plans in making inks, paints, and coatings are essential to boosting the market's growth. The extensively rising utilization of acrylate monomers in water-based coatings is complementing the growth of the acrylate monomers market over the forecasted period. Moreover, the market will profit continuously from the conspicuous interest in water-based paints or coatings in different created areas. The substantial utilization of water-based paints for family objects reinforces the take-up. Rising industrial activities and growth in automotive production have boosted the demand for adhesives & sealants, which in turn is expected positively influence market growth. The need for printing ink is estimated to rise due to the packaging industry's increase. Thus, rise in the consumption of printing inks is expected to propel the demand for acrylate monomers. Textile industry growth will also likely create a positive outlook for the acrylate monomer market.

The market's key players are BASF SE, Dow, Mitsubishi Chemical Holdings Corporation, Hitachi Ltd., and New Japan Chemical Co., Ltd.

In May 2020, Zhejiang Petrochemical Co. Ltd. was set to start a new acrylonitrile (ACN) plant based in Zhejiang, China. The plant is claimed to be able to produce 260,000 tons per year of ACN. Initially, the company emphasized initiating the operations at this production in the second half of May 2020.

The Global Acrylate Monomers Market report provides deep insight into the market's current and future state across various regions. The study examines the Acrylate Monomers market in detail by segmenting it based on the Product (Butyl Acrylate Monomer, Methyl Acrylate Monomer, 2-Ethyl Hexyl Acrylate Monomer, Ethyl Acrylate Monomer), Type (Acrylamide and Meth Acrylamide, Acrylate, Acrylic Acids and Salts, Acrylonitrile, Bisphenol Acrylics, and Methacrylate), Application (Paints and Coatings, Adhesives and Sealants, Plastics, Printing Inks, Others), and geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The research examines emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched sections on the competitive landscape with prominent companies and profiles, including their market shares and projects.