Emergen Research's latest market research report, titled Global Acrylic Resins Market, provides estimated market size and shares, latest industry trends, global market growth rates, key drivers and opportunities, constraints, product segmentation, and major market players. Cost structure, market size, competitive landscape, product portfolio and specifications, and company profiles.
The global acrylic resins market size reached USD 15.98 Billion in 2021 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.
Advancements in bio-based resin solutions is important for long-term sustainability. The primary purpose of creating sustainable or bio-based paints and coating solutions is to ensure environmental sustainability. Majority of coating raw materials are produced from fossil-based raw materials or renewable sources including oils, coal, and natural gas. Greenhouse Gas (GHG) emissions caused by misuse of such resources has a significantly negative impact on the environment. As compared to the conventional counterparts, raw materials based on plant biomass have advantageous characteristics.
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Competitive Terrain:
The global Acrylic Resins industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
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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Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Acrylic Resins market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Acrylic Resins market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Acrylic Resins market.
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Market Overview:
The report bifurcates the Acrylic Resins market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- 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
Regional Outlook:
- North America (the U.S., Canada, Mexico)
- Europe (the U.K., Germany, France, Italy)
- Asia Pacific (India, China, Japan, Korea)
- Latin America (Brazil, Argentina, Ecuador, Chile)
- Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
Why Choose Acrylic Resins Market Report?
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What Questions Should You Ask before Buying a Market Research Report?
- How is the Acrylic Resins market evolving?
- What is driving and restraining the Acrylic Resins market?
- How will each Acrylic Resins submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2028?
- How will the market shares for each Acrylic Resins submarket develop from 2021 to 2028?
- What will be the main driver for the overall market from 2021 to 2028?
- Will leading Acrylic Resins markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2028 and which geographical region will lead the market in 2028?
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