Acrylic Resins Market by Chemistry (Acrylates, Hybrid, Methacrylates), Solvency (Solvent-Based, Water-Based), Application, End-Use Industry - Global Forecast 2024-2030

Acrylic Resins Market by Chemistry (Acrylates, Hybrid, Methacrylates), Solvency (Solvent-Based, Water-Based), Application, End-Use Industry - Global Forecast 2024-2030

The Acrylic Resins Market size was estimated at USD 19.26 billion in 2023 and expected to reach USD 20.52 billion in 2024, at a CAGR 6.97% to reach USD 30.88 billion by 2030.

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Regional Insights

In North America, the ​​demand for acrylic resins is growing in the automotive, construction, and coating industries. The building & construction industries grow significantly in countries such as the U.S., Canada, and Mexico, increasing demand for coatings and refinish based on acrylic resins. In Europe, the increasing demand for eco-friendly and sustainable products significantly increases the utilization of acrylic resins. A surge in demand from the automotive industry in countries such as Germany, Spain, and France largely influenced the market growth for acrylic resins. In Asia-Pacific, the demand for acrylic resins from emerging economies such as China, India, and Japan is increasing due to rapid industrialization and urbanization, raising the demand for acrylic resins in various applications such as automotive, construction, and electronics. As per the Australian Government, as of 2023, there are 9,750 commercial and industrial building construction businesses in Australia. As per the government data, from April 2000 to September 2021, the Indian construction industry received a total investment of USD 26.16 billion for construction and development, including townships, housing, and built-up infrastructure under the foreign direct investment (FDI) policy. China's government focuses on reducing volatile components in resins, further enhancing the demand for various water-based acrylic resins for coating applications.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Acrylic Resins Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Acrylic Resins Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Acrylic Resins Market, highlighting leading vendors and their innovative profiles. These include Aekyung Chemical, Allnex GMBH, Arkema Group, Astra Chemtech Pvt. Ltd., Avery Dennison Corporation, BASF SE, D.S.V. Chemicals, DIC Corporation, Evonik Industries AG, FUJIKURA KASEI CO., LTD., GEO Specialty Chemicals, Inc. by CPS Performance Materials, Huntsman International LLC, Innotek Technology Limited, Jotun A/S, Kamsons, Koninklijke DSM N.V., Kukdo Chemical Co., Ltd., Macro Polymers Pvt. Ltd., Mitsubishi Chemical Group Corporation, Mitsui Chemicals, Inc., Nippon Shokubai Co., Ltd., Plaskolite, Inc., Resonac Holdings Corporation, Sakshi Dyes and Chemicals, Sherwin-Williams Company, Sika AG, Solvay S.A., Sumitomo Chemical Co., Ltd., Sun Polymers International Inc., Synpol Products Pvt. Ltd., Synthomer PLC, The Dow Chemical Company, The Lubrizol Corporation, Toyo Ink India Private Limited, Trinseo PLC, and Yip's Chemical Holdings Limited.

Market Segmentation & Coverage

This research report categorizes the Acrylic Resins Market to forecast the revenues and analyze trends in each of the following sub-markets:

Chemistry

Acrylates

Hybrid

Methacrylates

Solvency

Solvent-Based

Water-Based

Application

Adhesives & Sealants

DIY Coatings

Elastomers

Paints & Coatings

End-Use Industry

Building & Construction

Consumer Goods

Electrical & Electronics

Industrial

Packaging

Paper & Paperboard

Region

Americas

Argentina

Brazil

Canada

Mexico

United States

California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific

Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa

Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom
The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
   
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
   
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
   
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
   
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
   

The report addresses key questions such as:

1. What is the market size and forecast of the Acrylic Resins Market?
   
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Acrylic Resins Market?
   
3. What are the technology trends and regulatory frameworks in the Acrylic Resins Market?
   
4. What is the market share of the leading vendors in the Acrylic Resins Market?
   
5. Which modes and strategic moves are suitable for entering the Acrylic Resins Market?
   

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