Waterborne Acrylic Resin Market - By Type (Emulsion, Solution, Urethane-Acrylic), By Applications, By End Use (Building & Construction, Automotive, Furniture, Packaging, Textile, Adhesives & Sealants) & Forecast, 2024 - 2032

Waterborne Acrylic Resin Market - By Type (Emulsion, Solution, Urethane-Acrylic), By Applications, By End Use (Building & Construction, Automotive, Furniture, Packaging, Textile, Adhesives & Sealants) & Forecast, 2024 - 2032

Waterborne Acrylic Resin Market is anticipated to grow at a CAGR of over 5.2% between 2024 and 2032, as these resins offer a more eco-friendly alternative to traditional solvent-based resins, aligning with the global push for greener practices. With stricter environmental regulations and a growing awareness of sustainability, industries are increasingly adopting waterborne acrylic resins to reduce their ecological footprint. In August 2022, Arkema, leader in specialty materials for paints and coatings, unveiled SYNAQUA® 9511, a new performance waterborne binder for usage in formulating industrial paints with reduced VOC levels.

The product finds extensive application in architectural coatings, providing durability, versatility, and excellent weather resistance. As construction activities surge globally, particularly in developing economies, the demand for high-performance coatings continues to rise.

Waterborne acrylic resins industry is segmented on the basis of type, applications, end use, and region.

Urethane-acrylic segment will witness surge in demand in the forecast period, as they exhibit excellent adhesion to various substrates, including metal, plastic, and wood. The product addresses the growing need for high-performance coatings, offering improved scratch resistance and impact strength compared to traditional formulations. As industries emphasize product longevity and quality, the distinctive characteristics of urethane-acrylic resins make them a preferred choice.

The market share from adhesives segment is projected to witness a strong growth during 2024 and 2032, due to the exceptional bonding capabilities, addressing the evolving needs of various industries. Acrylic resins used in adhesives offer a unique combination of fast curing and excellent adhesion to diverse substrates. This makes them indispensable in industries ranging from automotive to electronics. With an emphasis on efficiency and performance, these adhesives provide robust and durable bonds, contributing to the increasing adoption of formulations.

Europe waterborne acrylic resin industry share is slated to witness decent growth rate during 2023-2032, attributed to the stringent environmental regulations. The region's robust manufacturing sector, especially in automotive and construction, fuels the need for high-performance coatings. Technological advancements and a focus on innovation industries contribute to the product adoption across the European industries.