Acrylic Rubber Market Trends, Segments, Opportunities and Growth Forecast 2026

Overview of the Acrylic Rubber Market: In 2019, the global Acrylic Rubber Market achieved a valuation of USD 750 million, and it is projected to surpass USD 1.2 billion by 2024, exhibiting a Compound Annual Growth Rate (CAGR) of approximately 8.2% from 2019 to 2024. Acrylic rubber, also known as ACM (alkyl acrylate copolymer) or Hy Temp, is a specialized type of rubber characterized by high heat resistance, aging resistance, oil resistance, ozone resistance, and resistance to ultraviolet radiation. Its versatile properties make it widely utilized in automotive transmissions, hoses, gaskets, adhesives, beltings, O-rings, and dampening mounts.

Key Players in the Global Acrylic Rubber Market:

  • Zeon
  • NOK
  • Changzhou Haiba Rubber Co., Ltd.
  • DuPont
  • The Harboro Rubber Co., Ltd.

Market Segmentation based on Product:

1.      Epoxy Acrylate Rubber

2.      Carboxyl Type Acrylate Rubber

3.      Active Chlorine Acrylate Rubber

4.      Dienes Acrylate Rubber

The market's growth is primarily driven by the escalating production of automobiles and the demand for durable products. Acrylic rubber's application in automotive seals and gaskets, owing to the increasing requirement for oil-resistant rubber materials, is particularly noteworthy. Factors such as the need for reduced fuel consumption and higher combustion temperatures in the engine compartment positively impact the market. The market is also influenced by rising demand from end-user sectors like consumer goods and plastics, as well as rapid industrialization, especially in emerging economies like China. However, the market may face hindrances due to acrylic rubber's limitations, including low resistance to moisture, acids, and bases.

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On the global production front, Japan stands as the largest acrylic rubber producer worldwide, contributing over 90% of the global output, followed by China at 3%. Zeon, a major Japanese manufacturer, is a key player, having announced plans to construct an acrylic rubber production plant in Thailand, investing around USD 38 million with an annual capacity of approximately 5,000 metric tons. Other notable global players include NOK, Haiba, Jiujiangshilong, Qinglong, DuPont, and The Harboro Rubber Co., Ltd.

While Japan dominates in production, North America and Europe are anticipated to lead the market, with the Asia Pacific expected to witness the highest growth rate. The burgeoning automotive industry is a key factor contributing to growth in these regions, along with increased demand from the packaging industry for sealing and packaging applications.

Market Segmentation based on Application:

1.      Gaskets

2.      Automotive Transmissions

3.      Hoses

4.      Adhesives

5.      Others

Market Segmentation based on Region/Country:

1.      North America

2.      Europe

3.      Asia Pacific

4.      Middle East and Africa

5.      Latin America

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