The global acrylic resins market is estimated to grow at a CAGR of nearly 4.0% during the forecast period. The major factors contributing to the market growth include significant application in paints and coatings and emerging infrastructure development projects. In the coatings industry, coatings using acrylic resins is considered as the major polymer technology. Acrylics have applications in special-purpose coating, architectural coatings, and product finishes for automotive (OEM) and refinish. These resins are especially based on methacrylate and acrylate monomers that offer better weather resistance, retention of gloss and color in exterior applications, and resistance to hydrolysis.
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Owing to their performance and versatility, acrylic coatings have a potential share in all coatings. It can be thermoset or thermoplastic and are used in radiation-curable, organic solvent born, and waterborne coatings. Generally, thermoplastic acrylic polymers contain excellent properties such as superior durability. Thermoplastic resins normally utilize methyl methacrylate in polymers to offer excellent exterior durability and toughness. Acrylic can work in combination with a range of monomers to offer increased adhesion to metal. Several acrylic resins may also comprise other vinyl monomers including vinyl acetate or styrene, particularly for cost reduction.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Acrylic Resins Market by Type
- Acrylate
- Methacrylate
- Hybrid
Global Acrylic Resins Market by Application
- Paints and Coatings
- Plastics
- Construction
- Textile
- Consumer Goods
- Adhesives
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Air Products and Chemicals, Inc.
- Arkema S.A.
- Asahi Kasei Corp.
- BASF SE
- Cargill, Inc.
- DIC Corp.
- Eastman Chemical Co.
- Evonik Industries AG
- Henkel AG & Co. KGaA
- Hexion Inc.
- Hitachi Chemical Co., Ltd.
- Kamsons Chemicals Pvt. Ltd.
- Mitsubishi Chemical Corp.
- Mitsui Chemicals, Inc.
- Nippon Shokubai Co., Ltd.
- Novozymes A/S
- Solvay S.A.
- Sumitomo Chemical Co., Ltd.
- The Dow Chemical Co.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global acrylic resins market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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