Acrylic Coating Market Research Growth by Manufacturers, Segment and Region | Analysis Forecast by 2028 | BASF, DOW Chemicals, Nippon, Sherwin-Williams

According to the report by Quince Market Insights, the Acrylic Coating Market is expected to witness high growth owing to rapid urbanization in developing countries in recent years. Increasing demand from applications including paints & coating, construction, paper & paperboard, textiles, fibers, adhesives is expected to drive the growth of the market.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1) Axalta
2) BASF
3) DOW Chemicals
4) Nippon
5) PPG
6) Sherwin-Williams
7) Valspar

Segmentation for better understanding of this market

Acrylic polymers are designed specifically for roof applications, in particular for roof coatings. Acrylic roof coatings tend to be white in colour. This white color delivers unique characteristics. It lowers roof membrane temperature to which it is applied. This reduced temperature coupled with the coating's UV blocking properties, prevents the roofing membrane from degrading and deteriorating. This white color also reflects as much as 85% of the heat portion of the sunlight, thus reducing the heat transfer into the building and lowering air conditioning costs. The main property required of any roof coating material is durability.

Acrylic coating technology is widely used in exterior applications for sealants, Plexiglas, industrial coatings, and house paints due to its durability.

Significant Factors Impacting Market Growth:

o Significant increase in demand for acrylic coatings due to the surge in construction activities
o Rapid urbanization in developing countries has led to the demand for acrylic coatings
o Expanding construction and infrastructure industry worldwide is driving the market for acrylic coatings

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Regional Analysis to understand growth patterns

Based on region, the acrylic coating market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. Some of the major markets in North America and Western Europe are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, etc. Major companies in this market are headquartered in North America and Western Europe.

During the forecast period, the Asia Pacific and the Middle East are expected to register significant growth in the acrylic coating market. This demand is for the growth of major applications like paints & coating, construction, paper & paperboard, textiles, fibers, adhesives. Major Asia-Pacific countries include China, South Korea, Japan, India, Australia, etc.

With operations by major chemical giants in the region, Eastern Europe was dominated largely by Russia and Turkey. Rest the world which includes South America and Africa has strong potential for the market for acrylic coating. Global companies have increasingly invested in these regions to strengthen their presence and to tap the potential market. Acrylic coating market major economies in these regions include Brazil, South Africa, Nigeria, Argentina, Colombia and others.

Market Segmentation:

By Type:
o Methylacrylates
o Acrylates & Hybrids
o Solvency
o Thermoplastic & Thermosetting

By Application:
o Paints & Coating
o Construction
o Paper & Paperboard
o Textiles
o Fibers
o Adhesives
By Region:

North America
o By Country (US, Canada, Mexico)
o By Type
o By Application

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Application

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Application

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Application

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Application

Rest of the World
o By Region (South America, Africa)
o By Type
o By Application

Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109,
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

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This release was published on openPR.