Global Acrylic Sealants Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Acrylic Sealants Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Acrylic sealant is a type of sealant that is formulated with acrylic polymers. It is commonly used for sealing joints, gaps, and cracks in various construction, automotive, and DIY applications.

Market Overview:

The latest research study on the global Acrylic Sealants market finds that the global Acrylic Sealants market reached a value of USD 873.27 million in 2023. It’s expected that the market will achieve USD 1256.35 million by 2029, exhibiting a CAGR of 6.25% during the forecast period.

Emerging application fields promote high-quality development of the industry

With the development of emerging industries and the improvement of Acrylic Sealants product modification technology, the new application fields of Acrylic Sealants are becoming more and more extensive. The demand for Acrylic Sealants products has grown strongly in strategic emerging industries such as electronic products, new energy vehicles, composite materials, industrialization of prefabricated housing, and green packaging materials. Emerging markets with high requirements, high standards, and high added value will promote technological innovation and product structure optimization and upgrading in the Acrylic Sealants industry, thereby driving the improvement of product quality and grades in the entire industry.

Downstream demand drives market development

Acrylic sealants are widely used in downstream industries, such as construction, automotive, and packaging. In addition to supplying the use of individual consumers such as craftsmen, DIY, and professionals, acrylic sealant manufacturers join these industrial chains and become their suppliers. The stable development of the downstream industry provides a continuous source of orders for acrylic sealant manufacturers, promotes the development of the industry, forms a mature distribution network. The research and development of new formulas, technology, and performance also promote the development of the industry. Now, premium products are safe, non-toxic, reliable, and convenient, and their process and formulation optimization bring manufacturers the benefits of cost reduction and performance improvement.

Region Overview:

In 2022, the share of the Acrylic Sealants market in China stood at 29.33%.

Company Overview:

The major players operating in the Acrylic Sealants market include Henkel, RPM International, H.B Fuller Company, BASF, Bostik, etc. Among which, Henkel ranked top in terms of sales and revenue in 2023.

At Henkel Adhesive Technologies, their brands are an essential part of countless industrial and consumer applications. They combine unmatched innovation in adhesives, sealants, and functional coatings with industry knowhow to develop tailor-made solutions.

DAP Global Inc., is a leading manufacturer and supplier of caulks, sealants, foam, adhesives, and repair products with a history of first-to-market innovations with trusted, quality, reliable and long-lasting products for professional contractors, remodelers and do-it-yourselfers.

Segmentation Overview:

By type, Colored segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Building, with a market share of 63.42% in 2022.

Key Companies in the global Acrylic Sealants market covered in Chapter 3:

BASF
H.B Fuller Company
DuPont
Henkel
Hodgson Sealants
American Sealants
3M
Bostik
RPM International
Premier Building Solutions

In Chapter 4 and Chapter 14.2, on the basis of types, the Acrylic Sealants market from 2019 to 2030 is primarily split into:

Colored
Colorless

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Acrylic Sealants market from 2019 to 2030 covers:

Building
Automotive
Package
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)