Acrylic Resins Market Size, Share, Future Prospects and Forecast 2020-2026

The global acrylic resins market is estimated to grow at a CAGR of nearly 4.0% during the forecast period. The major factors contributing to the market growth include significant application in paints and coatings and emerging infrastructure development projects. In the coatings industry, coatings using acrylic resins is considered as the major polymer technology. Acrylics have applications in special-purpose coating, architectural coatings, and product finishes for automotive (OEM) and refinish. These resins are especially based on methacrylate and acrylate monomers that offer better weather resistance, retention of gloss and color in exterior applications, and resistance to hydrolysis.

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Owing to their performance and versatility, acrylic coatings have a potential share in all coatings. It can be thermoset or thermoplastic and are used in radiation-curable, organic solvent born, and waterborne coatings. Generally, thermoplastic acrylic polymers contain excellent properties such as superior durability. Thermoplastic resins normally utilize methyl methacrylate in polymers to offer excellent exterior durability and toughness. Acrylic can work in combination with a range of monomers to offer increased adhesion to metal. Several acrylic resins may also comprise other vinyl monomers including vinyl acetate or styrene, particularly for cost reduction.

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Global Acrylic Resins Market Segmentation

By Type
• Acrylate
• Methacrylate
• Hybrid

By Application
• Paints and Coatings
• Plastics
• Construction
• Textile
• Consumer Goods
• Adhesives
• Others

Regional Analysis
• North America
o United States
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• Air Products and Chemicals, Inc.
• Arkema S.A.
• Asahi Kasei Corp.
• BASF SE
• Cargill, Inc.
• DIC Corp.
• Eastman Chemical Co.
• Evonik Industries AG
• Henkel AG & Co. KGaA
• Hexion Inc.

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