Global Acrylic Elastomer Market Size, Share, Opportunities, And Trends By Type (Polyacrylate Rubbers (ACM), Ethylene Acrylate Copolymer (AEM)), By Application (Automatic Transmission, Automotive Hoses And Connectors, Seals, O-rings, And Gasket, Adhesive Formulation), By End-User (Automotive Industry, Construction Industry, Industrial Applications, Consumer Goods, Others), And By Geography - Forecasts From 2024 To 2029

The global acrylic elastomer market is valued at US$903.67 million in 2025 and is expected to grow at a compound annual growth rate of 7.21% to reach a market size of US$1,280.527 million in 2030.

Acrylic elastomer is a kind of synthetic rubber that is utilized in adhesives, car components, and shaft seals. In the auto industry and other sectors, acrylic elastomers are mostly utilized as adhesives and for sealing molded flexible components. The extensive range of industries that use these elastomers is bolstered by their resilience to heat, oil, and ozone. ACM and AEM are the two primary forms of acrylic elastomers, which vary in terms of the type of elastomer material they include. Mainly, suspension or emulsion polymerization is used to create acrylic elastomers. It has several uses in the industrial sector due to its heat, oil, and moisture resilience.

The market for acrylic elastomers is rising due to the improvements and innovations in the automobile industry. The automobile industry's use of high-pressure turbocharging and exhaust gas circulation technologies is creating opportunities for the acrylic elastomer market to expand. Since acrylic elastomers are widely utilized in gear shafts, turbo engines, and automotive hoses in the automotive industry, their market value is rising in tandem with advancements in the automotive business. The global market for acrylic elastomers is expanding due to increased industrial sector investments made by economically stable and emerging nations.

What are the global acrylic elastomer market drivers?

• The market for acrylic elastomers is expanding due to environmental laws, especially as companies move towards using materials that adhere to strict environmental norms. Regulations like the U.S. EPA's Tier 3 and the EU's Euro 6 aim to minimize vehicle emissions in the automotive sector, which forces manufacturers to use materials like acrylic elastomers that offer greater heat and oil resistance. These elastomers contribute to the overall sustainability of vehicles by increasing engine efficiency, lowering emissions, and extending component lifespans. Furthermore, the use of hazardous chemicals is restricted by laws like RoHS and REACH, which encourages the industry to switch to safer substitutes.

 Acrylic elastomers are becoming more popular in automotive, industrial, and electronics applications because they comply with environmental regulations and are renowned for their strength and low ecological impact. They will likely become more in demand as regulatory pressure increases internationally, especially in businesses that need high-performance, eco-friendly materials.

• The higher investments of developing and economically stable countries are also contributing to the acrylic elastomers market growth. The opportunity for this market’s international growth is being provided by the significant expansion of the automotive and industrial industries in economically stable nations. The international policies of UNIDO (United Nations Industrial Development Organisation) are also fuelling the development and growth of industrial sectors in multiple countries. The demand for acrylic elastomers in the global market is rising as a result of their features, which include resistance to fire, oil, and water. These properties set acrylic elastomers apart from traditional adhesives and components made of other materials.

 Segment analysis of the global acrylic elastomer market:

• By end-user, the automotive industry is anticipated to be one of the fastest-growing segments in the acrylic elastomer market.

There are several uses for acrylic elastomers in the automobile industry. Important automotive applications such as automotive hoses, gear shafts, gaskets, and connectors are developed with the support and help of acrylic elastomers. Further, in 2022, according to the International Energy Agency, the global sales of electric buses and heavy-duty trucks were estimated to be 66,000 and 60,000, respectively. These two segments comprised about 4.5% of total bus sales and 1.2% of total truck sales.

Further, World Trade Organisation (WTO) data indicates that the automobile sector holds a significant market share. The worldwide market demand for acrylic elastomers is being driven by technological advancements and the automotive industry's industrial applications. Acrylic elastomers are becoming necessary in the automobile sector due to technological advancements, such as exhaust gas circulation and high-pressure turbocharging systems.

Moreover, the oil-resistant, water-resistant, and fire-resistant properties showcased by acrylic elastomers result in the wide use and application of acrylic elastomers in the automotive field. The body and interior metal parts of automobiles are also painted and coated with acrylic elastomers, as they resist corrosion and wear and tear. Acrylic elastomers are used to paint and cover metallic parts and connections in automobiles. Therefore, the advancements in electric cars are also driving this market’s growth. Comprehensively, the growth of the automotive field is fuelling the global acrylic elastomers market expansion.

• Asia Pacific’s acrylic elastomer market is anticipated to grow significantly.

Geographically, the Asia Pacific region is anticipated to show tremendous growth signs in the acrylic elastomer market. The enormous developments showcased by the automobile and industrial sectors of Asia Pacific countries are contributing to this market growth.

Moreover, based on the yearly sales and manufacturing output, China is the largest automotive market in the world. By 2025, it is predicted that 35 million automobiles will be produced in the nation. Data from the Ministry of Industry and Information Technology indicates that in 2021, sales of nearly 26 million vehicles, including 21.48 million passenger vehicles, rose by 7.1% above 2020 levels.

Nonetheless, the North American region is also anticipated to grow significantly in the acrylic elastomers market due to developments in the automotive and industrial sectors. For instance, as of August 2024, manufacturing output moved up to 0.9% as compared to the previous year.

Key developments in the global acrylic elastomer market:

• In October 2023, Mitsubishi Chemical Group and Honda Motor Co., Ltd. collaborated to develop PMMA (polymethyl methacrylate, sometimes known as "acrylic resin") material for vehicle body components.
• In October 2023, Lummus Technology, a global provider of process technologies and value-driven energy solutions, acquired the rights to license and market ester-grade acrylic acid technology and light and heavy acrylates process technology. This announcement was made in conjunction with Air Liquide Engineering & Construction.
• In July 2023, Arkema, a pioneer in worldwide innovation for Kynar® PVDF electrode binders and separator coatings, expanded its product line with the introduction of its IncellionTM line of environment-friendly waterborne acrylic solutions for ceramic coated separators, cathode primers, and high-capacity anodes.

Acrylic Elastomer Market Scope: 

Report Metric	Details
Acrylic Elastomer Market Size in 2025	US$903.67 million
Acrylic Elastomer Market Size in 2030	US$1280.527 million
Growth Rate	CAGR of 7.21%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2025
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Million
Segmentation	Type Application End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Acrylic Elastomer Market	Dow Chemical Company Zeon Corporation NOK Corporation Denka Company Limited H.B. Fuller
Customization Scope	Free report customization with purchase

 

The global acrylic elastomer market is analyzed into the following segments:

• By Type
  • Polyacrylate Rubbers (ACM)
  • Ethylene Acrylate Copolymer (AEM)
• By Application
  • Automatic transmission
  • Automotive hoses and connectors
  • Seals, O-rings, and Gasket
  • Adhesive formulation
• By End-User
  • Automotive Industry
  • Construction Industry
  • Industrial Applications
  • Consumer Goods
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
• Middle East and Africa
  • • Saudi Arabia
    • United Arab Emirates
    • Rest of the Middle East and Africa
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Rest of Asia-Pacific

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.1.1. Automotive Industry Growth

4.1.2. Environmental Regulations

4.2. Market Restraints

4.2.1. High Production Costs

4.2.2. Competition from Alternative Elastomers

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. GLOBAL ACRYLIC ELASTOMER MARKET BY TYPE

5.1. Introduction

5.2. Polyacrylate Rubbers (ACM)

5.3. Ethylene Acrylate Copolymer (AEM)

6. GLOBAL ACRYLIC ELASTOMER MARKET BY APPLICATION

6.1. Introduction

6.2. Automatic transmission

6.3. Automotive hoses and connectors

6.4. Seals, O-rings, and Gasket

6.5. Adhesive formulation

7. GLOBAL ACRYLIC ELASTOMER MARKET BY END-USER

7.1. Introduction

7.2. Automotive Industry

7.3. Construction Industry

7.4. Industrial Applications

7.5. Consumer Goods

7.6. Others

8. GLOBAL ACRYLIC ELASTOMER MARKET BY GEOGRAPHY

8.1. Global Overview

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Rest of South America

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain

8.4.6. Rest of Europe

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. United Arab Emirates

8.5.3. Rest of the Middle East and Africa

8.6. Asia-Pacific

8.6.1. China

8.6.2. India

8.6.3. Japan

8.6.4. South Korea

8.6.5. Taiwan

8.6.6. Thailand

8.6.7. Indonesia

8.6.8. Rest of Asia-Pacific

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Dow Chemical Company

10.2. Zeon Corporation

10.3. NOK Corporation

10.4. Denka Company Limited

10.5. H.B. Fuller

10.6. Arkema

10.7. Trelleborg

10.8. Eastman Chemical Company

10.9. LG Chem

10.10. BASF SE

10.11. Asahi Kasei Engineering Plastics

10.12. Exxon Mobil Corporation

10.13. Envalior

Dow Chemical Company

Zeon Corporation

NOK Corporation

Denka Company Limited

H.B. Fuller

Arkema

Trelleborg

Eastman Chemical Company

LG Chem

BASF SE

Asahi Kasei Engineering Plastics

Exxon Mobil Corporation

 

Envalior