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Press Release:

Global Acrylic Resin Market to Grow at US$ 26.2 Billion by 2027, Bolstered by Development of Bio-Based Variant

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Acrylic Resin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global acrylic resin market reached a value of US$ 19.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 26.2 Billion by 2027, exhibiting a CAGR of 5.31% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Acrylic resins are transparent thermoplastics produced from acrylic acid, methacrylic acid, cyanoacrylic acid, acrylonitrile, acrylamide, or low level of monomers. They have excellent ultraviolet (UV) and oxidative stability and consequently are used in products like lawn and garden equipment, sporting goods, automotive exterior parts, safety helmets, and building materials. They can also be compounded with other polymers to make weather-resistant alloys and compounds. At present, they are available either in the form of solvent-based systems or as aqueous emulsions that can be customized in a broad range of natural colors.

Acrylic Resin Market Trends:

Increasing investments in the construction of residential and commercial infrastructure on account of rapid urbanization, growing global population, and inflating income levels represent one of the key factors fueling the market growth. Acrylic resins are widely used to produce transparent sheeting, opaque cladding and panel materials, paints, resins, sealants, concretes, mortars, renders, carpets, furniture, baths, shower trays, sinks, and architectural fabrics. Apart from this, as acrylic resins have good plasticizer resistance and flexibility, they are employed in the automotive industry for repair finishes. This, in confluence with boosting sales of passenger vehicles, is contributing to the market growth. Due to their excellent transparency and durability, they are also finding applications in consumer electronic items like lenses, display windows of cellular phones, and optical waveguides of light crystal display (LCD) screens. Moreover, acrylic resins are utilized in industrial products, such as molding materials, coatings, adhesives, binders, and paper and fiber processing. Furthermore, they are gaining traction in injection molding and extrusion procedures and dental applications to fill cavities. This, coupled with the rising prevalence of chronic and dental problems, is driving the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global acrylic resin market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on type, application and end user.

Breakup by Type:

  • Water-based
  • Solvent-based
  • Others
     

Breakup by Application:

  • Paints and Coatings
  • Adhesives and Sealants
  • Others
     

Breakup by End User:

  • Automotive
  • Building and Construction
  • Electronics
  • Packaging
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Arkema S.A, BASF SE, DIC Corporation, Dow Inc., Koninklijke DSM N.V., Mitsubishi Chemical Corporation, Mitsui Chemicals Inc, NIPPON SHOKUBAI CO. LTD., Showa Denko Materials Co. Ltd., Solvay S.A. and Sumitomo Chemical Co. Ltd.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Arkema S.A, BASF SE, DIC Corporation, Dow Inc., Koninklijke DSM N.V., Mitsubishi Chemical Corporation, Mitsui Chemicals Inc, NIPPON SHOKUBAI CO. LTD., Showa Denko Materials Co. Ltd., Solvay S.A. and Sumitomo Chemical Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global acrylic resin market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global acrylic resin market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global acrylic resin market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Acrylic Resin Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Water-based
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Solvent-based
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Others
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Application
    7.1    Paints and Coatings
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Adhesives and Sealants
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Others
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by End User
    8.1    Automotive
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Building and Construction
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Electronics
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Packaging
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Arkema S.A
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    BASF SE
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    DIC Corporation
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Dow Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Koninklijke DSM N.V.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Mitsubishi Chemical Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Mitsui Chemicals Inc
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    NIPPON SHOKUBAI CO. LTD. 
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Showa Denko Materials Co. Ltd.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 SWOT Analysis
        14.3.10    Solvay S.A.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Sumitomo Chemical Co. Ltd.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis

List of Figures

Figure 1: Global: Acrylic Resin Market: Major Drivers and Challenges
Figure 2: Global: Acrylic Resin Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Acrylic Resin Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Acrylic Resin Market: Breakup by Type (in %), 2021
Figure 5: Global: Acrylic Resin Market: Breakup by Application (in %), 2021
Figure 6: Global: Acrylic Resin Market: Breakup by End User (in %), 2021
Figure 7: Global: Acrylic Resin Market: Breakup by Region (in %), 2021
Figure 8: Global: Acrylic Resin (Water-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Acrylic Resin (Water-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Acrylic Resin (Solvent-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Acrylic Resin (Solvent-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Acrylic Resin (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Acrylic Resin (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Acrylic Resin (Paints and Coatings) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Acrylic Resin (Paints and Coatings) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Acrylic Resin (Adhesives and Sealants) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Acrylic Resin (Adhesives and Sealants) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Acrylic Resin (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Acrylic Resin (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Acrylic Resin (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Acrylic Resin (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Acrylic Resin (Building and Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Acrylic Resin (Building and Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Acrylic Resin (Electronics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Acrylic Resin (Electronics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Acrylic Resin (Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Acrylic Resin (Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Acrylic Resin (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Acrylic Resin (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Acrylic Resin Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Acrylic Resin Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Acrylic Resin Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Global: Acrylic Resin Industry: SWOT Analysis
Figure 80: Global: Acrylic Resin Industry: Value Chain Analysis
Figure 81: Global: Acrylic Resin Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Acrylic Resin Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Acrylic Resin Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Acrylic Resin Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Acrylic Resin Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Acrylic Resin Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Acrylic Resin Market: Competitive Structure
Table 7: Global: Acrylic Resin Market: Key Players


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