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Global Acrylic Rubber (ACM) Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ0362
Global Acrylic Rubber (ACM) Market Outlook to 2029

Report Description

Acrylic rubbers (ACM) are unsaturated polar rubbers with excellent growing resistance in non-polar oils and oils containing sulfur substances. According to BlueQuark Research & Consulting, the global Acrylic Rubber market is expected to witness a significant growth rate during the forecast period and likely grow at a CAGR of around 8%. Factors such as the increasing demand from the automotive industry are the main driver for the Acrylic rubber market. It is needed in automotive seals, transmission, hoses, and gaskets expected to drive the Acrylic Rubber market in the forecasted period. Further, the demand for acrylic rubber is expected to grow with the increasing need for low fuel consumption and the combustion temperature in the engine compartment in the forecasted period. Furthermore, the growing demand for rubber in varied applications such as coating, seals & gaskets, adhesives, plastics, textiles, Engine Oils and lubricants, piping, and others is expected to drive the demand for the Acrylic Rubber market in the forecasted period. However, the market is awaited to decline due to some of the disadvantages of acrylic rubber, including low resistance to moisture, acids, and bases. These limitations restrict the usage of acrylic rubber in some applications, thereby hampering the demand for the product.

Using acrylic rubber makes the vehicles more sturdy and resistant to damage. ACM is also utilized to prepare adhesives that possess excellent strength and improve resistance against several temperatures. It sticks to glass, polyesters, and metals and offers excellent adhesion. It is utilized to assemble car doors and other metal parts. Its sustainability against heat and other environmental conditions offers excellent resistance to cars. ACM adhesives absorb impacts and hold the pieces together effectively. This can fuel the acrylic rubber market growth effectively.

The booming automotive industry that displays a substantial demand for acrylic rubber is the primary factor driving the global acrylic rubber market. Acrylic rubber, also called ACM (alkyl acrylate copolymer) or Hy Temp, is a type of specialty rubber with high heat resistance, aging resistance, oil resistance, ozone resistance, and resistance to ultraviolet radiation and others. Due to such properties, it is popularly used in automotive transmissions, hoses, gaskets, adhesives, beltings, and O-rings. Acrylic rubber also has dampening properties and is used in dampening mounts. Acrylic rubber is predominantly used for automotive seals and packaging to strengthen automotive parts. Due to the damping properties of acrylic rubber, it is used in vibration damping mounts. Acrylic rubber is also utilized in automotive transmissions and hoses. Technology advancement and new Research & Development initiatives are transforming the automotive industry. Increasing production of automobiles and the demand for long-lasting products are the driving factors for the market's growth. In terms of application, acrylic rubber is used in automotive seals and gaskets due to the increasing need for oil-resistant rubber materials. The increasing need for lower fuel consumption and rising combustion temperature in the engine compartment also positively impact the market. The rising demand from end-users enterprises such as customer merchandise and plastics will steadily contribute to the market's growth. 

North America and Europe will likely dominate the market in the forecast period owing to the high demand from end-user industries like automotive and packaging. Asia Pacific region is expected to grow significantly due to rapid urbanization and better lifestyles of the people. With a growing population, transportation increases, which in turn has a positive impact on the market. Ethyl Acrylate (EA) held the biggest share in the Acrylic Rubber Market. Due to their superior properties, like good heat, oxygen and ozone resistance, ethyl acrylate rubbers are increasingly favored over other types of rubber. Ethyl acrylate rubbers are usually produced by radical emulsion polymerization, and the molar mass is adjusted by the amount of polymerization initiator added. The properties of acrylic rubber are influenced by the ester groups' chemical structure and the comonomers' constitution. Injection Moulding grades were domination the Acrylic Rubber market. It is a very simplified process that does not involve mixing or vulcanization. It is very cost-effective. It consists of an automated closed loop system that is contamination-free. Hence the quality of the product is remarkable. The injection molding grades are done by mixing the blends with a platinum cure system and are delivered into the injection unit, where it is injected through a runner and gate system into the closed mold until cured. At the end of the cycle, the parts are removed or ejected from the cavities, and the following process begins. Compression molding is the original production method used mainly to handle low to medium production volumes. It is used for molding gaskets, seals, O-rings, and large and bulky mechanical parts. It is the most efficient and widely used process. The process involves mixing raw materials and making pre-forms that are close to the shape of the end product to be made. Then they are loaded typically by hands into the molds and then demolded. Due to their plasticity property, they can be molded or shaped by applying heat. Other characteristics of plastic are its low electrical conductivity, low density, transparency and toughness, which allow it to be used to create different products.

The global Acrylic Rubber market is highly fragmented. The major international Acrylic Rubber market players are ZEON, NOK CORPORATION, DuPont, and Changzhou Haiba Rubber Co., Ltd.

In October 2019, Trinseo acquired Latex Binder's Assets and Rheinmunster Site in Germany. The acquisition will accelerate growth through an expanded product portfolio for adhesives and construction applications.

The global Acrylic Rubber Market report provides deep insight into the current and future state of the Acrylic Rubber market across various regions. The study comprehensively analyzes the Acrylic Rubber market by segmenting based on type (Active chlorine acrylate Rubber, Carboxyl type acrylate Rubber, Dienes acrylate Rubber & Epoxy acrylate Rubber), Application (Automotive, Packaging, Industrial, Medical & other applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints, along with the impact of Covid-19 on the market growth, in detail. The study covers & includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with profiles of prominent companies, including their market shares and projects.

 

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Acrylic Rubber market
  • Equip yourself with rigorous analysis and forward-looking insight into the Acrylic Rubber market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Acrylic Rubber evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Acrylic Rubber Market, in USD Million, 2017-2027

Active chlorine acrylate Rubber – Acrylic Rubber Market, in USD Million, 2017-2027

Carboxyl type acrylate Rubber – Acrylic Rubber Market, in USD Million, 2017-2027

Dienes acrylate Rubber – Acrylic Rubber Market, in USD Million, 2017-2027

Epoxy acrylate Rubber  – Acrylic Rubber Market, in USD Million, 2017-2027

Packaging – Acrylic Rubber Market, in USD Million, 2017-2027

Automotive – Acrylic Rubber Market, in USD Million, 2017-2027

Industrial – Acrylic Rubber Market, in USD Million, 2017-2027

Medical – Acrylic Rubber Market, in USD Million, 2017-2027

Other Applications – Acrylic Rubber Market, in USD Million, 2017-2027

North America - Acrylic Rubber Market, in USD Million, 2017-2027

Europe – Acrylic Rubber Market, in USD Million, 2017-2027

Asia-Pacific - Acrylic Rubber Market, in USD Million, 2017-2027

South America - Acrylic Rubber Market, in USD Million, 2017-2027

Middle East & Africa - Acrylic Rubber Market, in USD Million, 2017-2027

Acrylic Rubber - Market Share of Key Companies in 2019

Other Supporting Charts

Automobile Industry Growth Data, 2013-2019

  Who need this report?

  • Acrylic Rubber Manufacturing Companies
  • Suppliers, distributors of Acrylic Rubber 
  • Raw material providers
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global Acrylic Rubber (ACM) Market Outlook to 2027.pdf
Market Data - Global Acrylic Rubber (ACM) Market Outlook to 2027.xls

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