Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Methyl Acrylate Market by Type (Industrial Grade, Pharmaceutical Grade), By Application (Automobile, Packaging, Construction, Cosmetic, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Methyl Acrylate Market by Type (Industrial Grade, Pharmaceutical Grade), By Application (Automobile, Packaging, Construction, Cosmetic, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 134151 3300 Chemical & Material 377 245 Pages 4.8 (42)

Market Overview:

The global methyl acrylate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for methyl acrylate from various applications such as automobile, packaging, construction, cosmetic and others. Additionally, the growing demand for methyl acrylate in emerging countries is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period.

Global Methyl Acrylate Industry Outlook

Product Definition:

Methyl Acrylate is a colorless liquid with a sharp, acrid odor. It is used to make plastics, resins, and other synthetic materials.

Industrial Grade:

Industrial grade is a high purity form of acrylic acid. It has applications in paints & coatings, adhesives & sealants, and other chemical industries. The product is used as an intermediate in manufacturing methyl acrylate (MMA), which further has applications in plastics, fibers, and chemicals among others.

Pharmaceutical Grade:

Pharmaceutical grade is a type of acrylate that is produced in the pharmaceutical industry for use in tablets, capsules, and other oral drug formulations. It has a wide range of applications such as it can be used to make medicines to treat pain caused by arthritis or osteoporosis; it can also be used as an excipient for making various drugs including some antibiotics and corticosteroids.

Application Insights:

The global methyl acrylate market is segmented on the basis of application into automobile, packaging, construction, cosmetic and other applications. The automotive application segment accounted for a share of over 40% in 2017. Methyl acrylate plays an important role in polymer modification carried out during the production of plastics and rubber components for automobiles. It also finds applications as a monomer in tire manufacturing along with nylon and polyurethane among others.

Methylacrylic acid is used to produce methacrylic acid copolymers which are further utilized to manufacture plastic components such as instrument panels, seat panels & door trim parts that are used in the automotive industry owing to their lightweight properties along with good impact strength & high resistance against corrosion & UV rays among others.

Regional Analysis:

Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global population and is one of the most developed regions in terms of consumption as well as production. China, India, Japan, South Korea are some of the largest markets that present growth opportunities for global methyl acrylate industry.

The Asia Pacific market has been witnessing strong demand from end-use industries such as automotive and packaging which have been experiencing growth due to increasing disposable income coupled with rising living standards among consumers across emerging economies such as China and India. In addition, high investments being made by governments in these countries to boost domestic manufacturing output will further drive product demand over the next eight years.

Growth Factors:

  • Increasing demand from end-use industries such as construction, automotive and furniture owing to its properties such as durability, weather resistance and low maintenance cost.
  • Rising awareness about the benefits of using methyl acrylate in various applications is expected to propel the market growth.
  • Growing demand for adhesives, sealants and coatings in the automotive industry is anticipated to boost the methyl acrylate market growth over the forecast period.
  • Rapid industrialization coupled with increasing investments in infrastructure development projects is projected to fuel the market growth during the forecast period.

Scope Of The Report

Report Attributes

Report Details

Report Title

Methyl Acrylate Market Research Report

By Type

Industrial Grade, Pharmaceutical Grade

By Application

Automobile, Packaging, Construction, Cosmetic, Others

By Companies

Mitsubishi, Arkema, Solventis, Dow Chemical, NIPPON SHOKUBAI, BASF, Coatex, AkzoNobel, LG Chem, DuPont, Jiangsu Jurong Chemical, Shandong Kaitai Petrochemical

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Methyl Acrylate Market Report Segments:

The global Methyl Acrylate market is segmented on the basis of:


Industrial Grade, Pharmaceutical Grade

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Automobile, Packaging, Construction, Cosmetic, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Mitsubishi
  2. Arkema
  3. Solventis
  4. Dow Chemical
  6. BASF
  7. Coatex
  8. AkzoNobel
  9. LG Chem
  10. DuPont
  11. Jiangsu Jurong Chemical
  12. Shandong Kaitai Petrochemical

Global Methyl Acrylate Market Overview

Highlights of The Methyl Acrylate Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Industrial Grade
    2. Pharmaceutical Grade
  1. By Application:

    1. Automobile
    2. Packaging
    3. Construction
    4. Cosmetic
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Methyl Acrylate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Methyl Acrylate Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Methyl acrylate is a type of acrylic resin. It is a clear, colorless liquid that has a strong odor. Methyl acrylate is used in products such as contact lenses, eyeglasses, and plastics.

Some of the major players in the methyl acrylate market are Mitsubishi, Arkema, Solventis, Dow Chemical, NIPPON SHOKUBAI, BASF, Coatex, AkzoNobel, LG Chem, DuPont, Jiangsu Jurong Chemical, Shandong Kaitai Petrochemical.

The methyl acrylate market is expected to register a CAGR of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Methyl Acrylate Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Methyl Acrylate Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Methyl Acrylate Market - Supply Chain
   4.5. Global Methyl Acrylate Market Forecast
      4.5.1. Methyl Acrylate Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Methyl Acrylate Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Methyl Acrylate Market Absolute $ Opportunity

5. Global Methyl Acrylate Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Methyl Acrylate Market Size and Volume Forecast by Type
      5.3.1. Industrial Grade
      5.3.2. Pharmaceutical Grade
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Methyl Acrylate Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Methyl Acrylate Market Size and Volume Forecast by Application
      6.3.1. Automobile
      6.3.2. Packaging
      6.3.3. Construction
      6.3.4. Cosmetic
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Methyl Acrylate Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Methyl Acrylate Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Methyl Acrylate Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Methyl Acrylate Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Methyl Acrylate Demand Share Forecast, 2019-2029

9. North America Methyl Acrylate Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Methyl Acrylate Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Methyl Acrylate Market Size and Volume Forecast by Application
      9.4.1. Automobile
      9.4.2. Packaging
      9.4.3. Construction
      9.4.4. Cosmetic
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Methyl Acrylate Market Size and Volume Forecast by Type
      9.7.1. Industrial Grade
      9.7.2. Pharmaceutical Grade
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Methyl Acrylate Demand Share Forecast, 2019-2029

10. Latin America Methyl Acrylate Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Methyl Acrylate Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Methyl Acrylate Market Size and Volume Forecast by Application
      10.4.1. Automobile
      10.4.2. Packaging
      10.4.3. Construction
      10.4.4. Cosmetic
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Methyl Acrylate Market Size and Volume Forecast by Type
      10.7.1. Industrial Grade
      10.7.2. Pharmaceutical Grade
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Methyl Acrylate Demand Share Forecast, 2019-2029

11. Europe Methyl Acrylate Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Methyl Acrylate Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Methyl Acrylate Market Size and Volume Forecast by Application
      11.4.1. Automobile
      11.4.2. Packaging
      11.4.3. Construction
      11.4.4. Cosmetic
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Methyl Acrylate Market Size and Volume Forecast by Type
      11.7.1. Industrial Grade
      11.7.2. Pharmaceutical Grade
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Methyl Acrylate Demand Share, 2019-2029

12. Asia Pacific Methyl Acrylate Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Methyl Acrylate Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Methyl Acrylate Market Size and Volume Forecast by Application
      12.4.1. Automobile
      12.4.2. Packaging
      12.4.3. Construction
      12.4.4. Cosmetic
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Methyl Acrylate Market Size and Volume Forecast by Type
      12.7.1. Industrial Grade
      12.7.2. Pharmaceutical Grade
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Methyl Acrylate Demand Share, 2019-2029

13. Middle East & Africa Methyl Acrylate Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Methyl Acrylate Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Methyl Acrylate Market Size and Volume Forecast by Application
      13.4.1. Automobile
      13.4.2. Packaging
      13.4.3. Construction
      13.4.4. Cosmetic
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Methyl Acrylate Market Size and Volume Forecast by Type
      13.7.1. Industrial Grade
      13.7.2. Pharmaceutical Grade
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Methyl Acrylate Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Methyl Acrylate Market: Market Share Analysis
   14.2. Methyl Acrylate Distributors and Customers
   14.3. Methyl Acrylate Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Mitsubishi Overview Financials Developments Strategic Outlook
      14.4.2. Arkema Overview Financials Developments Strategic Outlook
      14.4.3. Solventis Overview Financials Developments Strategic Outlook
      14.4.4. Dow Chemical Overview Financials Developments Strategic Outlook
      14.4.5. NIPPON SHOKUBAI Overview Financials Developments Strategic Outlook
      14.4.6. BASF Overview Financials Developments Strategic Outlook
      14.4.7. Coatex Overview Financials Developments Strategic Outlook
      14.4.8. AkzoNobel Overview Financials Developments Strategic Outlook
      14.4.9. LG Chem Overview Financials Developments Strategic Outlook
      14.4.10. DuPont Overview Financials Developments Strategic Outlook
      14.4.11. Jiangsu Jurong Chemical Overview Financials Developments Strategic Outlook
      14.4.12. Shandong Kaitai Petrochemical Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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