The global market for Crotonic Acid was valued at US$874.9 Million in 2024 and is projected to reach US$1.5 Billion by 2030, growing at a CAGR of 9.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Crotonic Acid market.
Global Crotonic Acid Market - Key Trends & Drivers Summarized
Why Is Crotonic Acid Gaining Relevance in Industrial and Chemical Applications?
Crotonic acid is becoming increasingly important in a wide range of industrial and chemical applications due to its versatility as an intermediate and its unique reactivity characteristics. As a short-chain unsaturated carboxylic acid, crotonic acid serves as a key building block in the synthesis of polymers, resins, and coatings, particularly those that require high performance and durability. Its ability to undergo polymerization makes it valuable in the production of adhesives, sealants, and specialty plastics that are used across construction, automotive, and packaging sectors. Additionally, it plays a vital role in manufacturing various chemical compounds, including esters and co-polymers that are utilized in the production of films, inks, and specialty finishes. The demand for high-performance adhesives and modified resins in consumer electronics and industrial equipment is further elevating the utility of crotonic acid in formulations that require strong bonding and resistance to environmental stress. The pharmaceutical and agrochemical industries also utilize crotonic acid in the synthesis of intermediates for active ingredients and protective coatings. With the increasing focus on performance-driven materials and the need for multi-functional additives, crotonic acid is being adopted by manufacturers looking to enhance the quality and consistency of their final products. Its compatibility with other monomers and reactive compounds adds to its value, making it a preferred choice in customized chemical synthesis. As demand grows for specialized chemicals that offer both functional and structural benefits, crotonic acid is steadily gaining ground in the broader industrial chemicals market.How Are Advancements in Production Technology Enhancing Crotonic Acid Availability and Purity?
Recent advancements in production technologies are significantly improving the availability, purity, and cost-effectiveness of crotonic acid, making it more attractive to manufacturers in various high-growth sectors. Traditionally, crotonic acid has been produced through the oxidation of crotonaldehyde, a process that can be resource-intensive and yield impurities. However, newer catalytic and bio-based synthesis methods are being explored to enhance reaction efficiency, reduce by-products, and minimize environmental impact. Researchers are developing more selective catalysts that allow for higher yields of crotonic acid with fewer purification steps, improving operational efficiency for chemical producers. Additionally, innovations in downstream processing and distillation technologies are leading to purer grades of crotonic acid that meet the stringent quality standards required in pharmaceutical and electronic applications. These high-purity variants are especially valuable in polymer and coating formulations where contaminants can affect performance and shelf life. Environmental concerns are also prompting the exploration of green chemistry routes using renewable feedstocks and less hazardous reagents, which could pave the way for sustainable crotonic acid production in the future. Manufacturers are investing in continuous production systems and closed-loop recycling mechanisms that reduce waste and optimize resource utilization. These technological advancements not only enhance the scalability of crotonic acid production but also enable suppliers to respond quickly to market demand fluctuations. As production becomes cleaner and more cost-efficient, crotonic acid is expected to become more competitive and accessible for a broader range of industrial applications.What Market Trends and End-Use Developments Are Shaping Crotonic Acid Demand?
The global crotonic acid market is being shaped by emerging trends in end-use industries that are increasingly relying on advanced materials and chemical components to enhance product performance and meet regulatory standards. One of the most significant trends is the growing demand for high-performance adhesives and resins, particularly in sectors such as automotive, aerospace, electronics, and construction. These industries require materials that can withstand thermal stress, chemical exposure, and mechanical wear, all of which are properties enhanced by crotonic acid-based polymers. In the packaging industry, crotonic acid derivatives are being used to produce heat-sealable films and coatings that improve barrier properties and printability. Additionally, the shift toward lightweight and environmentally friendly materials in automotive and construction sectors is driving interest in polymer composites and coatings where crotonic acid plays a role as a functional monomer. In the pharmaceutical industry, crotonic acid is being explored as a key intermediate in the synthesis of certain APIs and drug delivery systems, benefiting from its ability to form reactive esters and carboxylate derivatives. The cosmetics and personal care industry is also beginning to show interest in specialty polymers that include crotonic acid for enhanced texture, stability, and active ingredient delivery. These diverse applications are being supported by a global push for more sustainable and efficient chemical production, which aligns well with crotonic acid’s potential for integration into cleaner, high-performance formulations. The combination of regulatory compliance, end-user innovation, and expanding industrial uses is helping to fuel a steady increase in crotonic acid demand across multiple regions and sectors.What Are the Core Drivers Fueling the Global Growth of the Crotonic Acid Market?
The growth in the crotonic acid market is driven by a combination of structural industry changes, technological innovation, and shifting consumer and regulatory expectations. A key driver is the expanding use of functional polymers and copolymers in high-performance materials, which depend on specialty monomers like crotonic acid to impart specific mechanical, chemical, or aesthetic properties. Rising construction and infrastructure development, particularly in emerging economies, are creating sustained demand for sealants, adhesives, and coatings that utilize crotonic acid-based polymers. Additionally, the packaging industry’s pursuit of sustainable, flexible, and recyclable materials is leading to broader use of functional additives and co-monomers, including crotonic acid, to improve film characteristics and reduce environmental impact. The push for more efficient and targeted drug delivery systems in pharmaceuticals is another significant growth factor, as crotonic acid finds increasing use in synthesis pathways that require precise molecular control. On the production side, improvements in yield, process optimization, and environmentally friendly technologies are reducing manufacturing costs and enhancing supply reliability. Regulatory support for cleaner chemical processes and low-emission materials is also encouraging industries to adopt crotonic acid in place of more hazardous or less efficient alternatives. As global markets shift toward high-performance, eco-conscious, and regulatory-compliant materials, crotonic acid is benefiting from its ability to deliver technical performance across multiple end uses. These interconnected drivers are positioning crotonic acid as a versatile and increasingly essential compound in the evolving landscape of industrial and specialty chemical markets.Scope of the Report
The report analyzes the Crotonic Acid market, presented in terms of market value (USD). The analysis covers the key segments and geographic regions outlined below:- Segments: End-Use (Paints & Coatings End-Use, Chemical End-Use, Pharmaceutical End-Use, Automobile End-Use, Packaging End-Use, Textile End-Use, Other End-Uses); Application (Adhesive Resins Application, Coatings Application, Plasticizers Application, Fungicides Application, Intermediates Application, Other Applications).
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Paints & Coatings End-Use segment, which is expected to reach US$311.3 Million by 2030 with a CAGR of a 7.9%. The Chemical End-Use segment is also set to grow at 11.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $238.4 Million in 2024, and China, forecasted to grow at an impressive 13.0% CAGR to reach $306.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Crotonic Acid Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Crotonic Acid Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Crotonic Acid Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as AstaTech, Inc., Beijing HWRK Chemical Ltd., Biosynth, BOC Sciences, Celanese Corporation and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 36 companies featured in this Crotonic Acid market report include:
- AstaTech, Inc.
- Beijing HWRK Chemical Ltd.
- Biosynth
- BOC Sciences
- Celanese Corporation
- Daicel Corporation
- Evonik Industries AG
- Haihang Industry Co., Ltd.
- Henan Tianfu Chemical Co., Ltd.
- Hubei Xinjing New Material Co., Ltd
- Kanto Chemical Co., Inc.
- Merck KGaA
- Otto Chemie Pvt. Ltd.
- Parchem Fine & Specialty Chemicals
- Santa Cruz Biotechnology, Inc.
- Spectrum Chemical Mfg. Corp.
- Thermo Fisher Scientific Inc.
- Tokyo Chemical Industry Co., Ltd.
- Toronto Research Chemicals
- Zhejiang NHU Co., Ltd.
This edition integrates the latest global trade and economic shifts into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes historical analysis from 2015 to 2023.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025 (E), competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AstaTech, Inc.
- Beijing HWRK Chemical Ltd.
- Biosynth
- BOC Sciences
- Celanese Corporation
- Daicel Corporation
- Evonik Industries AG
- Haihang Industry Co., Ltd.
- Henan Tianfu Chemical Co., Ltd.
- Hubei Xinjing New Material Co., Ltd
- Kanto Chemical Co., Inc.
- Merck KGaA
- Otto Chemie Pvt. Ltd.
- Parchem Fine & Specialty Chemicals
- Santa Cruz Biotechnology, Inc.
- Spectrum Chemical Mfg. Corp.
- Thermo Fisher Scientific Inc.
- Tokyo Chemical Industry Co., Ltd.
- Toronto Research Chemicals
- Zhejiang NHU Co., Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 294 |
Published | July 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 874.9 Million |
Forecasted Market Value ( USD | $ 1500 Million |
Compound Annual Growth Rate | 9.8% |
Regions Covered | Global |