Global Acrylic Rubber Market
Paper, Plastics, Rubber, Wood And Textile Manufacturing

Acrylic Rubber Market Overview: Market Size, Major Drivers And Trends

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global acrylic rubber market size is expected to grow from $1.39 billion in 2022 to $1.51 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The global acrylic rubber market size is expected to reach $2.02 billion in 2027 at a CAGR of 7.5%.

What will drive the acrylic rubber market?
The growing production of automobiles is likely to drive the growth of the acrylic rubber market.

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Who are the major players in the market?
Major Market Players in the acrylic rubber market include DuPont de Nemours Inc., PAR Group Ltd., Ames Rubber Manufacturing Co. Inc., Apcotex Industries Ltd., Anabond Limited, Hanna Rubber Company.

Which trend is gaining popularity in the acrylic rubber market?
Product innovation is a significant trend that is gaining traction in the acrylic rubber market. To maintain their market position, major businesses in the acrylic rubber industry are producing innovative products. Denka Corp., a Japanese manufacturer of rubber products, for example, introduced a new heat-resistant and oil-resistant acrylic elastomer for automotive applications in February 2020. The product is unique in that it can withstand temperatures of up to 190° C and is designed for use in automobile hoses and gaskets. By ‘applying and deepening’ compounding, polymerization, and polymer design procedures, it has created a wide temperature range.

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How is the acrylic rubber market segmented?

Global Acrylic Rubber Market Segments Include:

  • By Type: Active Chlorine Acrylate Rubber, Carboxyl Type Acrylate Rubber, Dienes Acrylate Rubber, Epoxy Acrylate Rubber
  • By Fabrication Process: Compression Molding, Transfer Molding, Injection Molding, Other Fabrication Process
  • By Application: Textiles, Adhesives, Gaskets, Coating, Plastics, Other Applications
  • By End Use: Automotive Industry, Chemical Industry, Electrical And Electronics, Oil And Gas, Aerospace, Manufacturing, Textile Industry, Marine Industry, Other End Users
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global acrylic rubber market in 2021.

The Acrylic Rubber Global Market Report 2023  provides an overview of the acrylic rubber market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The acrylic rubber market forecast analyzes acrylic rubber market size, acrylic rubber market share, leading competitor and their market positions.

 

Acrylic rubber is a synthetic rubber that contains acrylonitrile and is resistant to hot oil and oxidation. Acrylic rubber is widely utilised in applications requiring resilience to high temperatures, oil, and chemicals.

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