Acrylic Resins Market Size, Trends, Analysis, and Outlook By Chemistry (Acrylates, Methacrylates, Hybrid), By Solvency (Water based, Solvent based, Others), By Application (Paints & Coatings, Adhesives & Sealants, DIY coatings, Elastomers, Others), By End

Acrylic Resins Market Size, Trends, Analysis, and Outlook By Chemistry (Acrylates, Methacrylates, Hybrid), By Solvency (Water based, Solvent based, Others), By Application (Paints & Coatings, Adhesives & Sealants, DIY coatings, Elastomers, Others), By End-User (Building & Construction, Industrial, Paper & paperboard, Consumer goods, Electrical & electronics, Packaging, Others), by Country, Segment, and Companies, 2024-2032

The Acrylic Resins Market is forecast to reach USD 38.6 Billion in 2032, registering a growth rate of 5.824% from current market size of USD 24.5 Billion in 2024. The Acrylic Resins market is expanding due to its wide application in paints, coatings, adhesives, and sealants. The construction industry’s growth, particularly in emerging markets, drives the demand for acrylic resin-based paints and coatings. Additionally, the automotive and industrial sectors’ need for high-performance materials supports market expansion. Technological advancements in resin formulations enhance product performance and application scope. The trend towards sustainable and eco-friendly products encourages the development of low-VOC (volatile organic compounds) and bio-based acrylic resins, aligning with environmental goals and consumer preferences. The Acrylic Resins market is expanding due to its wide application in paints, coatings, adhesives, and sealants. The construction industry’s growth, particularly in emerging markets, drives the demand for acrylic resin-based paints and coatings. Additionally, the automotive and industrial sectors’ need for high-performance materials supports market expansion. Technological advancements in resin formulations enhance product performance and application scope. The trend towards sustainable and eco-friendly products encourages the development of low-VOC (volatile organic compounds) and bio-based acrylic resins, aligning with environmental goals and consumer preferences.

Acrylic Resins Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study delves into the latest trends and pressing challenges for industry players and investors. The Acrylic Resins market research analyzes global market trends, key drivers, challenges, and opportunities. The "Future of Acrylic Resins" survey report provides a market size outlook across types, applications, and other segments worldwide and by region. It offers data-driven insights and actionable recommendations for companies in the Acrylic Resins industry.

Key market trends defining the global Acrylic Resins demand in 2024 and Beyond

The industry remains an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play major roles.

Acrylic Resins Market Segmentation- Industry Share, Market Size, and Outlook to 2032

The Acrylic Resins industry comprises a wide range of segments and sub-segments. Rising demand for these product types and applications supports increased investments in niche segments. Leading companies plan to generate a large share of their future revenue growth from expanding into these niche segments. The report presents a market size outlook across segments, supporting Acrylic Resins companies scaling up production in these sub-segments with a focus on emerging countries.

Key strategies adopted by companies within the Acrylic Resins industry

Leading Acrylic Resins companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Additionally, companies leverage advanced technologies to unlock opportunities and achieve operational excellence. The report details the key strategies adopted by the top 10 Acrylic Resins companies.

Acrylic Resins Market Study- Strategic Analysis Review

The Acrylic Resins market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions. This includes:

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Acrylic Resins Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Acrylic Resins industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.

Acrylic Resins Country Analysis and Revenue Outlook to 2032

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.

North America Acrylic Resins Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Acrylic Resins market segments. Similarly, strong market demand encourages Canadian Acrylic Resins companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Acrylic Resins Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Acrylic Resins industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Acrylic Resins market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Acrylic Resins Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust consumption expenditure, and increasing investments in infrastructure drive the demand for Acrylic Resins in Asia Pacific. In particular, China, India, and South East Asian Acrylic Resins markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Acrylic Resins Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Acrylic Resins Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Acrylic Resins market potential. Fueled by increasing consumption expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Acrylic Resins.

Acrylic Resins Market Company Profiles

The global Acrylic Resins market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Aekyung Chemical Co. Ltd, Allnex, BASF SE, Berger Paints India Ltd, DIC Corp, Fujikura Kasei Co. Ltd, Geo Specialty Chemicals, Innotek Technology Ltd, Jotun, Kamsons Chemicals Pvt. Ltd, Mitsubishi Chemical Holdings, Mitsui Chemicals, Momentive Performance Materials, Nippon Shokubai Co., Rohm, Showa Denko Materials, Solvay S.A., Sumitomo Chemical, Sun Polymers Inc, Synthomer, The Dow Chemical Company, The Lubrizol Corp, Yip’s Chemical Holdings Ltd

Recent Acrylic Resins Market Developments

The global Acrylic Resins market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Acrylic Resins Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:

By Chemistry

Acrylates

Methacrylates

Hybrid

By Solvency

Water based

Solvent based

Others

By Application

Paints & Coatings

Adhesives & Sealants

DIY coatings

Elastomers

Others

By End-User

Building & Construction

Industrial

Paper & paperboard

Consumer goods

Electrical & electronics

Packaging

Others

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

Aekyung Chemical Co. Ltd

Allnex

BASF SE

Berger Paints India Ltd

DIC Corp

Fujikura Kasei Co. Ltd

Geo Specialty Chemicals

Innotek Technology Ltd

Jotun

Kamsons Chemicals Pvt. Ltd

Mitsubishi Chemical Holdings

Mitsui Chemicals

Momentive Performance Materials

Nippon Shokubai Co.

Rohm

Showa Denko Materials

Solvay S.A.

Sumitomo Chemical

Sun Polymers Inc

Synthomer

The Dow Chemical Company

The Lubrizol Corp

Yip’s Chemical Holdings Ltd

Formats Available: Excel, PDF, and PPT