Acrylic Emulsions Market – Industry Structure Evaluation, Demand Drivers Analysis, Regional Growth Analysis and Identification, Competitive Positioning Review & Global Market Size Forecast to 2030
Overview
Acrylic Emulsions Market was valued at US$ 7.81 Bn in 2023 and is expected to reach US$ 13.61 Bn by 2030, at a CAGR of 8.25% during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding Acrylic Emulsions market dynamics, structure by identifying and analyzing the market segments and project the global market size.
Further, the report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders prioritizing the efforts and investment in the near future to emerging segments in the Acrylic Emulsions market.
Acrylic polymers are usually called acrylics, and acrylic emulsions also being recognized as most durable for exterior uses. Acrylic emulsions are being gradually utilized in building materials, industrial coatings, painting, and commercial applications in the construction and automotive industries. Both water-based and solvent-based emulsions are getting used across varied applications.
Acrylic emulsions are versatile, flexible, and have low volatile emissions. These properties build them appropriate for building, paints, and textile sectors. The increasing demand for paints and coatings applications for acrylic emulsions anticipated to drive the growth of the acrylic emulsions market globally. Strong growth from the paint and coatings industry worldwide is further expected to be the key driver for the expansion of the acrylic emulsions market.
The major factor driving the growth of the global market is rapid industrialization in emerging countries, rising construction, and increasing demand for paints products, coupled with increasing adoption of acrylic emulsion in paints are major factors driving the growth of the global market. The high feedstock prices, the shift within the application market from developed to developing countries, and the increasing cost of production might hinder the growth of this market in the forecast period. Key players are focusing on making innovative products that are expected to open new opportunities for the market.
Acrylic Emulsions Market Segment Analysis:
Based on type, the polymer & copolymer segment is likely to lead the market in terms of value and volume, during the forecast period. Polymer and copolymer acrylic emulsions are most preferable in the manufacturing of water-based and solvent-based emulsions for various applications. In 2023, the polymer and copolymer segment type hold for more than half of the total share in the market.
In terms of application, the paint and coatings segment held the largest market share of the market in 2023, accounts for more than 30%of the market share in 2023, as the acrylic emulsions have different mechanical properties, such as high durability and weathering resistance. Moreover, the rise in demand for market, the paper industry is likely to propel this market’s growth in the forecast period.
Regional Insights:
Geographically, North America expected to hold the largest share during the forecast period, and rising demand in developing markets such as the APAC expected to provide growth opportunities in the market. Due to the renovation and reconstruction activities being undertaken in the US and other North American countries, North America holds the largest market share in the global market, in terms of value. Increasing demand in paints & coatings applications countries such as China, India, Indonesia, and Malaysia are likely to drive the growth of the market in the Asia-Pacific region.
Acrylic Emulsions Market, Key Highlights:
Global Acrylic Emulsions Market analysis and forecast, in terms of value.
Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the global market
Acrylic Emulsions Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
Global Acrylic Emulsions Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the global market are also profiled.
Acrylic Emulsions Market Scope: Inquire before buying
| Acrylic Emulsions Market | ||||
|---|---|---|---|---|
| Base Year | 2023 | Forecast Period | 2024-2030 | |
| Historical Data | CAGR | Market Size in 2023 | Market Size in 2030 | |
| 2018 to 2023 | 8.25% | US$ 7.81 Bn | US$ 13.61 Bn | |
| Segments Covered | ||||
| by Type Pure Acrylic Polymer & Copolymer |
by Application Paints & Coatings Paper Coating Construction Additives Adhesives & Sealants Others |
|||
| Regions Covered | ||||
| North America United States Canada Mexico |
Europe UK France Germany Italy Spain Sweden Austria Rest of Europe |
Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC |
Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A |
South America Brazil Argentina Rest of South America |
Acrylic Emulsions Market Key Players:
1. BASF SE
2. Synthomer Plc.
3. Arkema Group
4. The Dow Chemical Company
5. Celanese Corporation
6. Lubrizol Corporation
7. Ashland
8. H.B. Fuller
9. DIC CORPORATION
10. Asahi Kasei
11. Organik Kimya
12. Trinseo
13. Anhui Sinograce Chemical
14. Kamsons Chemicals Pvt. Ltd
15. Pexi Chem Private Limited
16. Asian Paints
Frequently Asked Questions:
1. Which region has the largest share in Global Acrylic Emulsions Market?
Ans: North America region held the highest share in 2023.
2. What is the growth rate of Global Acrylic Emulsions Market?
Ans: The Global Acrylic Emulsions Market is growing at a CAGR of 8.25% during forecasting period 2024-2030
3. What is scope of the Global Acrylic Emulsions Market report?
Ans: Global Acrylic Emulsions Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Acrylic Emulsions Market?
Ans: The important key players in the Global Acrylic Emulsions Market are – BASF SE, Synthomer Plc., Arkema Group, The Dow Chemical Company, Celanese Corporation, Lubrizol Corporation, Ashland, H.B. Fuller,
5. What is the study period of this Market?
Ans: The Global Acrylic Emulsions Market is studied from 2023 to 2030