Acrylic Resins Market Trend, Forecast, Drivers, Restraints, Company Profiles and Key Players Analysis by 2027

Increasing construction activities globally and need for ecologically friendly formulations are some key factors driving global acrylic resins market revenue growth

The global acrylic resins market size reached USD 15.98 Billion in 2020 and is expected to register a revenue CAGR of 5.4% during the forecast period, according to latest analysis by Emergen Research. Spurt in construction activities globally as well as a rising need for eco-friendly formulations are some of the key factors driving steady global acrylic resins market revenue growth. In addition, increasing number of smart city projects in developing countries is expected to further augment revenue growth of the market between 2021 and 2028.

The report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.

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Key Points of Acrylic Resins Market:

  • Extensive coverage of the analysis of the Acrylic Resins market
  • Key insights into the regional spread of the industry in key geographies
  • Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
  • Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Acrylic Resins market
  • Complete data about the key manufacturers and vendors in the Acrylic Resins market

Market Drivers:

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

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Emergen Research has segmented the global acrylic resins on the basis of type, form, chemistry, application, end-use, and region:

  • Type Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Thermoplastic
    • Thermosetting
  • Form Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Solvent Based
    • Water Based
  • Chemistry Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Methacrylate
    • Acrylate
    • Hybrid
  • Application Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Adhesives Sealants
    • Paints Coatings
    • DIY coatings
    • Elastomers
    • Others
  • End-Use Outlook (Volume Tons, Revenue, USD Billion; 2018–2028)
    • Industrial
    • Consumer goods
    • Construction
    • Electrical electronics
    • Packaging
    • Paper Paperboard
    • Others

Regional Analysis:

The report sheds light on the region expected to dominate the Acrylic Resins market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Acrylic Resins market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.

Leading Companies of the Acrylic Resins Industry and Profiled in the Report are:

  • Some major companies in the market report include BASF SE, Dow Chemical Company, Arkema S.A., Mitsui Chemicals, Inc., Koninklijke DSM N.V., Showa Denko Materials Co., Ltd., DIC Corporation, Sumitomo Corporation, Mitsubishi Chemical Holdings Corporation, and Nippon Shokubai Co., Ltd.

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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