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

Global Acrylic Rubber Market Size Projected to Reach $2.36 Billion During the Forecast Period

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By How Much Is The Acrylic Rubber Market Expected To Expand Between 2025 And 2029?

The acrylic rubber market has experienced strong growth in recent years. It is projected to increase from $1.63 billion in 2024 to $1.74 billion in 2025, growing at a CAGR of 6.8%. The growth during the historic period was driven by adoption in the automotive industry, utilization in the construction sector, stricter environmental regulations, use in electronics and electrical applications, and expansion within the healthcare industry.

The worldwide market for acrylic rubber anticipates robust expansion in the forthcoming years, projected to attain a valuation of $2.36 billion by 2029, exhibiting a compound annual growth rate of 7.9%; this projected upward trajectory is fueled by expanding global industrial activities, the increasing implementation across energy-saving setups, the rising consumer goods sector, advancements within aerospace and aviation domains, and the necessity within medical equipment manufacturing. Key trends shaping this market during the forecast interval encompass a rising requirement for materials boasting superior performance characteristics, the continuous expansion of the automotive sector, the impact of environmental directives, notable growth within the construction industry, and burgeoning applications across electrical and electronic devices.

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Which Drivers Are Impacting The Acrylic Rubber Market?

Surging output within the automobile sector is anticipated to furnish considerable impetus to the expansion of the acrylic rubber marketplace. Self-propelled vehicles, encompassing everything from motorcycles to cars and lorries, which are engineered for conveyance on roadways, fall under the umbrella term automobiles. The manufacturing process for these automotive units involves converting raw supplies into finished motor vehicles and their constituent elements. Given the exceptional resistance of acrylic rubber items to both high temperatures and oils, they find extensive application in various automotive parts, notably O-rings, bearing seals, and transmission components; consequently, heightened production of vehicles directly stimulates the demand for acrylic rubber goods. As an illustration supporting this trend, data from the European Automobile Manufacturers Association, headquartered in Belgium, indicated that global motor vehicle output reached 85.4 million units in 2022, marking a 5.7% year-over-year ascent from 2021 figures, thereby confirming that greater vehicle manufacturing activity acts as a catalyst propelling the acrylic rubber market forward.

What Are The Major Segments Identified In The Acrylic Rubber Market?

The acrylic rubber market covered in this report is segmented –

1) By Type: Active Chlorine Acrylate Rubber, Carboxyl Type Acrylate Rubber, Dienes Acrylate Rubber, Epoxy Acrylate Rubber

2) By Fabrication Process: Compression Molding, Transfer Molding, Injection Molding, Other Fabrication Process

3) By Application: Textiles, Adhesives, Gaskets, Coating, Plastics, Other Applications

4) By End Use: Automotive Industry, Chemical Industry, Electrical And Electronics, Oil And Gas, Aerospace, Manufacturing, Textile Industry, Marine Industry, Other End Users

Subsegments:

1) By Active Chlorine Acrylate Rubber: Liquid Formulations, Solid Formulations

2) By Carboxyl Type Acrylate Rubber: Thermoplastic Grades, Thermosetting Grades

3) By Dienes Acrylate Rubber: High Molecular Weight Types, Low Molecular Weight Types

4) By Epoxy Acrylate Rubber: UV Curable Types, Thermal Curable Types

What Are The Latest Industry Trends Transforming The Acrylic Rubber Market?

A significant development currently gaining traction within the acrylic rubber sector involves continuous product enhancements and novel offerings. To maintain their competitive standing, leading firms active in this market space are consistently rolling out inventive substances. Specifically, in the month of September in 2023, the German chemical giant BASF SE introduced 2-Octyl Acrylate, which is characterized as a bio-derived acrylic monomer. This particular OA substance is manufactured utilizing 2-Octanol, a raw material sourced renewably from castor oil, thereby presenting an environmentally responsible substitute for materials derived from petroleum. Furthermore, BASF’s 2-OA has received official certification indicating it possesses 73% bio-based content, verifiable through C-14 tracing, conforming to the established ISO 16620 criteria.

Which Key Players Are Driving Competition In The Acrylic Rubber Market?

Major companies operating 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, ZEON Corporation, Nok Corporation, Fostek Corporation, Jet Rubber Company, Synthos SA, Vanderbilt Chemicals LLC, Canada Silicone Inc., Elder Rubber Company, Unimatec Chemicals, Changzhou Haiba, Suining Qinglong, Hi-Tech Polymers, Mitsubishi Chemical, Chongqing Jianfeng, Sumitomo Chemical, Kivi Markings, Sreeji Trading Company, Harboro Rubber, Tiger Rubber Company, Toyo Soda Manufacturing, Formosa Chemical & Fibre Corporation, Shin-Etsu Chemical Co. Ltd., Dow Chemical, Eastman Chemical Company

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Which Region Currently Holds The Largest Share Of The Acrylic Rubber Market?

Asia-Pacific was the largest region in the acrylic rubber market in 2024. The regions covered in the acrylic rubber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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