The Global Solid Grade Thermoplastic Acrylic (Beads) Resin Market size is expected to grow from USD 1.41 billion in 2023 to USD 2.05 billion by 2028, at a CAGR of 7.78% during the forecast period (2023-2028).
The COVID-19 pandemic negatively impacted the market in 2020 due to nationwide lockdowns and social distancing mandates which led to supply chain disruption and the closure of various manufacturing industries and construction activities. However, the sector is recovering well since restrictions were lifted. Increasing demand for paints and coatings from different sectors in interior and exterior applications is expected to impact the studied market positively.
The solid-grade thermoplastic acrylic (beads) resin market is consolidated in nature. Some of the major players in the market include Covestro AG, Dow, Mitsubishi Chemical Corporation, LX MMA, and Röhm GmbH, among others (not in any particular order).
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