Global Acrylic Resins Market Size Study, by Type (Methacrylates, Acrylates, and Hybrids), by Property (Thermoplastics, and Thermosetting), by End Use, by Application (Building & Construction, Automotive, Electronics, Packaging, and Others), by Chemistry (
Description
The Global Acrylic Resins Market, valued at approximately USD 21.00 billion in 2023, is expected to expand at a compound annual growth rate (CAGR) of 5.60% over the forecast period from 2024 to 2032. Acrylic resins, characterized by their exceptional transparency, durability, chemical resistance, and adhesion properties, play a crucial role in several industries such as construction, automotive, packaging, and electronics. These resins are used extensively in paints and coatings, adhesives, and sealants, benefiting from their superior weatherability and quick-drying capabilities.
Driven by advancements in polymerization technology and the growing demand for high-performance coatings, the market is undergoing a transformative shift. The increasing use of methacrylate-based acrylic resins in architectural coatings and automotive refinishing applications is propelling demand. Additionally, the rising adoption of thermosetting acrylic resins in high-temperature applications is significantly contributing to market expansion. Sustainability trends are also influencing manufacturers to develop low-VOC (volatile organic compounds) and eco-friendly acrylic formulations, aligning with stringent environmental regulations worldwide.
However, fluctuations in raw material prices, particularly related to petrochemical derivatives like methacrylates and acrylates, pose challenges for manufacturers. Furthermore, competition from alternative resin systems such as polyurethanes and epoxies presents a constraint on market penetration. Nevertheless, investments in bio-based acrylic resins and circular economy initiatives are opening new avenues for sustainable growth and product differentiation.
Regionally, Asia-Pacific leads the market, with China, India, and Japan emerging as dominant players due to expanding industrialization, increasing infrastructure projects, and high consumption of coatings and adhesives. Meanwhile, North America and Europe are witnessing steady growth, backed by advanced manufacturing capabilities, regulatory compliance with green chemistry, and technological innovations in polymer science. Latin America and the Middle East & Africa are also experiencing rising demand for acrylic-based materials, particularly in automotive, construction, and consumer goods sectors, fostering regional market expansion.
Major Market Players Included in This Report
• BASF SE
• Dow Inc.
• Arkema S.A.
• Evonik Industries AG
• Sumitomo Chemical Co., Ltd.
• Mitsubishi Chemical Holdings Corporation
• Nippon Shokubai Co., Ltd.
• LG Chem Ltd.
• Mitsui Chemicals, Inc.
• The Sherwin-Williams Company
• Hexion Inc.
• DIC Corporation
• Allnex Group
• Kuraray Co., Ltd.
• Solvay S.A.
The Detailed Segments and Sub-Segments of the Market are Explained Below:
By Type:
• Methacrylates
• Acrylates
• Hybrids
By Property:
• Thermoplastics
• Thermosetting
By Application:
• Building & Construction
• Automotive
• Electronics
• Packaging
• Others
By Chemistry:
• Paints & Coatings
• Adhesives & Sealants
• Pigment Dispersion
• Others
By Region:
North America:
• U.S.
• Canada
Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America:
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Years Considered for the Study:
• Historical Year – 2022
• Base Year – 2023
• Forecast Period – 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years (2022-2032).
• Annualized revenue and regional-level analysis for each market segment.
• Comprehensive assessment of geographical landscape with country-level insights.
• Competitive landscape analysis with profiles of major industry players.
• Insights into strategic initiatives, investment trends, and business expansions.
• Demand-side and supply-side market trends shaping the future outlook.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Please note: This publisher does offer titles that are created upon receipt of order.
Driven by advancements in polymerization technology and the growing demand for high-performance coatings, the market is undergoing a transformative shift. The increasing use of methacrylate-based acrylic resins in architectural coatings and automotive refinishing applications is propelling demand. Additionally, the rising adoption of thermosetting acrylic resins in high-temperature applications is significantly contributing to market expansion. Sustainability trends are also influencing manufacturers to develop low-VOC (volatile organic compounds) and eco-friendly acrylic formulations, aligning with stringent environmental regulations worldwide.
However, fluctuations in raw material prices, particularly related to petrochemical derivatives like methacrylates and acrylates, pose challenges for manufacturers. Furthermore, competition from alternative resin systems such as polyurethanes and epoxies presents a constraint on market penetration. Nevertheless, investments in bio-based acrylic resins and circular economy initiatives are opening new avenues for sustainable growth and product differentiation.
Regionally, Asia-Pacific leads the market, with China, India, and Japan emerging as dominant players due to expanding industrialization, increasing infrastructure projects, and high consumption of coatings and adhesives. Meanwhile, North America and Europe are witnessing steady growth, backed by advanced manufacturing capabilities, regulatory compliance with green chemistry, and technological innovations in polymer science. Latin America and the Middle East & Africa are also experiencing rising demand for acrylic-based materials, particularly in automotive, construction, and consumer goods sectors, fostering regional market expansion.
Major Market Players Included in This Report
• BASF SE
• Dow Inc.
• Arkema S.A.
• Evonik Industries AG
• Sumitomo Chemical Co., Ltd.
• Mitsubishi Chemical Holdings Corporation
• Nippon Shokubai Co., Ltd.
• LG Chem Ltd.
• Mitsui Chemicals, Inc.
• The Sherwin-Williams Company
• Hexion Inc.
• DIC Corporation
• Allnex Group
• Kuraray Co., Ltd.
• Solvay S.A.
The Detailed Segments and Sub-Segments of the Market are Explained Below:
By Type:
• Methacrylates
• Acrylates
• Hybrids
By Property:
• Thermoplastics
• Thermosetting
By Application:
• Building & Construction
• Automotive
• Electronics
• Packaging
• Others
By Chemistry:
• Paints & Coatings
• Adhesives & Sealants
• Pigment Dispersion
• Others
By Region:
North America:
• U.S.
• Canada
Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America:
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Years Considered for the Study:
• Historical Year – 2022
• Base Year – 2023
• Forecast Period – 2024 to 2032
Key Takeaways:
• Market Estimates & Forecast for 10 years (2022-2032).
• Annualized revenue and regional-level analysis for each market segment.
• Comprehensive assessment of geographical landscape with country-level insights.
• Competitive landscape analysis with profiles of major industry players.
• Insights into strategic initiatives, investment trends, and business expansions.
• Demand-side and supply-side market trends shaping the future outlook.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Please note: This publisher does offer titles that are created upon receipt of order.
Table of Contents
285 Pages
- Chapter 1. Global Acrylic Resins Market Executive Summary
- 1.1. Global Acrylic Resins Market Size & Forecast (2022- 2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. {By Type}
- 1.3.2. {By Property}
- 1.3.3. {By End Use & Application}
- 1.3.3.1. {By End Use}
- 1.3.3.2. {By Application}
- 1.3.3.3. {By Chemistry}
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
- Chapter 2. Global Acrylic Resins Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer’s Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory Frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
- Chapter 3. Global Acrylic Resins Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Rising demand for high-performance coatings and adhesives
- 3.1.2. Advancements in polymerization and eco-friendly resin formulations
- 3.1.3. Expanding applications in construction, automotive, and electronics
- 3.2. Market Challenges
- 3.2.1. Fluctuations in raw material prices of methacrylates and acrylates
- 3.2.2. Competition from alternative resin systems and substitutes
- 3.3. Market Opportunities
- 3.3.1. Growth in sustainable, low-VOC, and bio-based acrylic resins
- 3.3.2. Emerging market expansion driven by infrastructural development
- 3.3.3. Technological innovations fostering product differentiation
- Chapter 4. Global Acrylic Resins Market Industry Analysis
- 4.1. Porter’s 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter’s 5 Force Model
- 4.1.7. Porter’s 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top Investment Opportunity
- 4.4. Top Winning Strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
- Chapter 5. Global Acrylic Resins Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Acrylic Resins Market: {Type} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Methacrylates
- 5.2.2. Acrylates
- 5.2.3. Hybrids
- Chapter 6. Global Acrylic Resins Market Size & Forecasts by Property 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Acrylic Resins Market: {Property} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Thermoplastics
- 6.2.2. Thermosetting
- Chapter 7. Global Acrylic Resins Market Size & Forecasts by End Use & Application and Chemistry 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Acrylic Resins Market: {End Use & Application} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. By End Use
- 7.2.1.1. (Details as provided)
- 7.2.2. By Application
- 7.2.2.1. Building & Construction
- 7.2.2.2. Automotive
- 7.2.2.3. Electronics
- 7.2.2.4. Packaging
- 7.2.2.5. Others
- 7.3. Global Acrylic Resins Market: {Chemistry} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.3.1. Paints & Coatings
- 7.3.2. Adhesives & Sealants
- 7.3.3. Pigment Dispersion
- 7.3.4. Others
- Chapter 8. Global Acrylic Resins Market Size & Forecasts by Region 2022-2032
- 8.1. North America Acrylic Resins Market
- 8.1.1. U.S. Acrylic Resins Market
- 8.1.1.1. {Type} breakdown size & forecasts, 2022-2032
- 8.1.1.2. {End Use & Application} breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Acrylic Resins Market
- 8.2. Europe Acrylic Resins Market
- 8.2.1. U.K. Acrylic Resins Market
- 8.2.2. Germany Acrylic Resins Market
- 8.2.3. France Acrylic Resins Market
- 8.2.4. Spain Acrylic Resins Market
- 8.2.5. Italy Acrylic Resins Market
- 8.2.6. Rest of Europe Acrylic Resins Market
- 8.3. Asia-Pacific Acrylic Resins Market
- 8.3.1. China Acrylic Resins Market
- 8.3.2. India Acrylic Resins Market
- 8.3.3. Japan Acrylic Resins Market
- 8.3.4. Australia Acrylic Resins Market
- 8.3.5. South Korea Acrylic Resins Market
- 8.3.6. Rest of Asia-Pacific Acrylic Resins Market
- 8.4. Latin America Acrylic Resins Market
- 8.4.1. Brazil Acrylic Resins Market
- 8.4.2. Mexico Acrylic Resins Market
- 8.4.3. Rest of Latin America Acrylic Resins Market
- 8.5. Middle East & Africa Acrylic Resins Market
- 8.5.1. Saudi Arabia Acrylic Resins Market
- 8.5.2. South Africa Acrylic Resins Market
- 8.5.3. Rest of Middle East & Africa Acrylic Resins Market
- Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. BASF SE
- 9.1.2. Dow Inc.
- 9.1.3. Arkema S.A.
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. BASF SE
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Dow Inc.
- 9.3.3. Arkema S.A.
- 9.3.4. Evonik Industries AG
- 9.3.5. Sumitomo Chemical Co., Ltd.
- 9.3.6. Mitsubishi Chemical Holdings Corporation
- 9.3.7. Nippon Shokubai Co., Ltd.
- 9.3.8. LG Chem Ltd.
- 9.3.9. Mitsui Chemicals, Inc.
- 9.3.10. The Sherwin-Williams Company
- 9.3.11. Hexion Inc.
- 9.3.12. DIC Corporation
- 9.3.13. Allnex Group
- 9.3.14. Kuraray Co., Ltd.
- 9.3.15. Solvay S.A.
- Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- List of Tables
- TABLE 1. Global Acrylic Resins Market, report scope
- TABLE 2. Global Acrylic Resins Market estimates & forecasts by Region 2022-2032 (USD Million/Billion)
- TABLE 3. Global Acrylic Resins Market estimates & forecasts by Type 2022-2032 (USD Million/Billion)
- TABLE 4. Global Acrylic Resins Market estimates & forecasts by Property 2022-2032 (USD Million/Billion)
- TABLE 5. Global Acrylic Resins Market estimates & forecasts by End Use & Application and Chemistry 2022-2032 (USD Million/Billion)
- TABLE 6. Global Acrylic Resins Market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 7. Global Acrylic Resins Market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 8. Global Acrylic Resins Market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 9. Global Acrylic Resins Market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 10. Global Acrylic Resins Market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 11. Global Acrylic Resins Market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 12. Global Acrylic Resins Market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 13. Global Acrylic Resins Market by region, estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 14. Global Acrylic Resins Market by segment, estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 15. U.S. Acrylic Resins Market estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 16. U.S. Acrylic Resins Market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
- TABLE 17. U.S. Acrylic Resins Market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
- TABLE 18. Canada Acrylic Resins Market estimates & forecasts, 2022-2032 (USD Million/Billion)
- TABLE 19. Canada Acrylic Resins Market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
- TABLE 20. Canada Acrylic Resins Market estimates & forecasts by segment 2022-2032 (USD Million/Billion)
- This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.
- List of Figures
- FIGURE 1. Global Acrylic Resins Market, research methodology
- FIGURE 2. Global Acrylic Resins Market, market estimation techniques
- FIGURE 3. Global market size estimates & forecast methods.
- FIGURE 4. Global Acrylic Resins Market, key trends 2023
- FIGURE 5. Global Acrylic Resins Market, growth prospects 2022-2032
- FIGURE 6. Global Acrylic Resins Market, porters 5 force model
- FIGURE 7. Global Acrylic Resins Market, PESTEL analysis
- FIGURE 8. Global Acrylic Resins Market, value chain analysis
- FIGURE 9. Global Acrylic Resins Market by segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 10. Global Acrylic Resins Market by segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 11. Global Acrylic Resins Market by segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 12. Global Acrylic Resins Market by segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 13. Global Acrylic Resins Market by segment, 2022 & 2032 (USD Million/Billion)
- FIGURE 14. Global Acrylic Resins Market, regional snapshot 2022 & 2032
- FIGURE 15. North America Acrylic Resins Market 2022 & 2032 (USD Million/Billion)
- FIGURE 16. Europe Acrylic Resins Market 2022 & 2032 (USD Million/Billion)
- FIGURE 17. Asia-Pacific Acrylic Resins Market 2022 & 2032 (USD Million/Billion)
- FIGURE 18. Latin America Acrylic Resins Market 2022 & 2032 (USD Million/Billion)
- FIGURE 19. Middle East & Africa Acrylic Resins Market 2022 & 2032 (USD Million/Billion)
- FIGURE 20. Global Acrylic Resins Market, company market share analysis (2023)
- This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.
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