Acrylate Copolymer Market Size, Share, Growth, and Industry Analysis, By Type (Powder, Emulsion, and Others), By Application (Hair Care, Facial Care, Body Care, and Others), Regional Forecast To 2032

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ACRYLATE COPOLYMER MARKET REPORT OVERVIEW

The global acrylate copolymer market size was USD 0.19 billion in 2024 and is projected to touch USD 0.25 billion by 2032, at a CAGR of 3.70% during the forecast period.

Asia-Pacific is dominating the acrylate copolymer market share in 2024.

Acrylate polymer, also known as acrylic elastomers or polyacrylate, is an acrylonitrile-derived polymer, which is an unsaturated nitrile. It contains a minimum of one monomer, which helps form the copolymer. It is a common term used for the copolymers of two or more monomers. These monomers consist of methacrylic acid, simple esters, or acrylic acid. Some copolymers of acrylic acid and other monomers are copolymers of Ammonium VA/Acrylates, copolymers of Sodium Acrylates, copolymers of Ethylene/Calcium Acrylate, and others. It is used in the cosmetic and personal care industry due to its various features.

Acrylate copolymer is a copolymer of the carboxylate acrylic group, which has a high molecular weight. It is anionic, and thus, its compatibility is evaluated when formulated with any cationic ingredients. Moreover, the acrylate copolymer has various benefits associated with it, such as increased resistance to water, is excellent if forming a film, and adding water resistance to creams such as mascara, sunscreen, and others. The acrylate copolymer is also used in the cosmetic industry in nail extensions for building artificial nails, fixing hair, forming films, and others. It is used in cosmetic products due to its Inherent moisture property.

COVID-19 IMPACT

"Value Chain Disruption Hampered Market Growth"

Pandemic had a significant impact on every industry. The acrylate copolymer market situation significantly changed, and the ongoing COVID-19 epidemic has hurt its expansion. Due to the unexpected closing of national and international borders, the outbreak has reduced operational effectiveness and disrupted value chains, resulting in loss of revenue and harm. The value chain disruptions have limited the availability of raw materials, which is impeding market expansion and influencing the growth of end-use industries. The need for acrylate copolymer is anticipated to increase substantially in the upcoming months, nevertheless, as economies prepare to restart their activities. The demand for the product is anticipated to increase because of the post-pandemic diversity of application bases and increased attention toward sustainability.

LATEST TRENDS

"Increasing Product Demand from Construction Industries to Foster Growth"

The consistently rising global population is leading to a higher need for buildings and properties, increasing the demand for construction activities. The rising demand for the construction industry requires acrylate copolymer as it is used in waterproofing, paint emulsion, Bopp tape adhesives, construction chemicals, and water-based printing inks. The wide applications of the product in the construction industry are projected to aid acrylate copolymer market growth. It is also used in textile fibers, paints, and coatings, which play a significant role in the construction industry.

ACRYLATE COPOLYMER MARKET SEGMENTATION

By Type

By type, the market is segmented into powder, emulsion, and others.

By Application

Based on application, the market is classified into hair care, facial care, body care, and others.

DRIVING FACTORS

"Use of Products in the Cosmetics Industry to Boost Product Demand"

The cosmetics industry is widely adopting acrylate copolymer. It is used in the production of various cosmetics such as color cosmetics, skin care creams, sun care products, hair care products, moisturizers, and shaving creams. It is deemed safe for use in cosmetics and avoids harmful copolymers that irritate the skin. It is used in preparing artificial nails and in applying artificial eyelashes and nails. It allows the artificial nails to adhere and mold to the natural nail plate. Moreover, the product is used in the formation of sun care and skin care products. These factors are expected to aid acrylate copolymer market growth.

"Rapid Adoption of the Chemical in Windows Creation and Skylights to Aid Growth"

The adoption of acrylate copolymer is increasing due to its usage in paints and coatings. The rising use of the product in skylights, window creation, and other components are anticipated to foster growth in the market. The glass industry is expected to surge the product demand as it is used in skylights and windows. The industry is forecasted to gain traction by the increasing use of copolymers in the development of padded and sponge-filled jackets. These factors are projected to propel growth in the market.

RESTRAINING FACTORS

"Possible Risks Associated With the Use of Chemicals to Affect Growth"

Using chemicals on skin or hair may result in various issues. The use of chemicals on the skin for a long period of time may cause neurological or cellular damage. It may also cause cancer and affects skin growth. It may cause skin irritation. These factors are likely to retard market growth.

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ACRYLATE COPOLYMER MARKET REGIONAL INSIGHTS

"Asia Pacific to Dominate the Market Owing to Increased Product Demand from Industries"

Asia Pacific is anticipated to lead the global acrylate copolymer market owing to the rising demand for acrylate copolymer from the automotive and construction industry in emerging countries such as China, India, and Japan. The presence of a higher population is leading to increased construction activities which is likely to foster growth in the market.

North America is forecasted to hold the maximum part of the acrylate copolymer market share due to its superior image of the brand and rising awareness about the application of the chemicals. Additionally, the use of the product in the cosmetic industry is estimated to aid market growth.

KEY INDUSTRY PLAYERS

"Development of New Products to Accelerate Market Expansion"

Leading manufacturers are concentrated on continuously improving their product line by introducing cutting-edge features to set their products superior to those of other companies. Competitors underline the need of maintaining the market's intense competition. The main rivals are using a range of analytical techniques. Major players also place a strong emphasis on expanding their reach through partnerships, agreements, joint ventures, expansions, and investments. The introduction of cutting-edge goods is anticipated to boost product demand and promote the expansion of the market. Competitors place a high emphasis on maintaining fierce competition in the market. Leading manufacturers are concentrated on continuously upgrading their products by inducing new advancements. The main rivals are using a range of analytical techniques.

List of Top Acrylate Copolymer Companies

• DOW (U.S.)
• Arkema (France)
• BASF (Germany)
• Lubrizol (U.S.)
• SENSIENT (U.S.)
• Rheolab (U.S.)
• DSM (Netherlands)
• Ashland (U.S.)
• Tinci (China)
• SINABT (South Korea)
• Nouryon (Netherlands)
• Phoenix Chemical
• KCI Limited (South Korea)

REPORT COVERAGE

"The report is an overview of the market, including the following"

• Key players and their recent development.
• Factors projected to aid market growth.
• The impact of COVID-19 is also represented in the report.
• Regions are anticipated to lead the global market.
• Factors that may limit the growth of the market.
• The latest trends are also included in the report.
• Segmentation of the market on the basis of application and type.