Press release
Acrylic Resin for Paints and Inks Market Top Key Players, Industry Analysis And Forecast By 2027 | Sun Polymers, KAMSONS
The new study on the Global Acrylic Resin for Paints and Inks Market 2021-2027 analyzes the crucial capabilities, key infrastructures, major organizations, evaluates measures to attain potential success in the Acrylic Resin for Paints and Inks industry. Because of the in-depth overview of the world Acrylic Resin for Paints and Inks market, the recent document allows investors, traders, and manufacturers to plan some innovative techniques, and meanwhile, align them with operational and commercial enterprise models. Additionally, the Acrylic Resin for Paints and Inks market report provides crucial facets at the technological modifications that gained the market, competitive environment, behavioral updates, and so on.The global Acrylic Resin for Paints and Inks market exhibited moderate growth during 2021-2027. Looking forward, the market to grow at a CAGR of around 5.6%.
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In regards to explaining powerful insights of the global Acrylic Resin for Paints and Inks market, the research report permits the investors and stakeholders to grab different techniques to extend distinct commercial patterns and practices. Besides this, the market report offers important statistics about the worldwide Acrylic Resin for Paints and Inks market such as opportunities, threats, main drivers, and key restraints of the Acrylic Resin for Paints and Inks market in the period of the years 2021-2027.
Market Overview:
On the flipside, fluctuation in demand due to competition from other industries using Resin is likely to hinder the market.
The advent of environment-friendly resins is projected to offer numerous opportunities for the manufacturers thourgh the forecast period.
Asia-Pacific dominated the market across the globe with the largest consumption from countries such as China and India.
The leading market players listed are:
Mitsubishi Chemical, BASF, Dow, Arkema, Showa Denko Materials, Sun Polymers, KAMSONS, Guangdong Haisun New Material Technology, Pioneer Chemical
Types of Products:
Liquid
Solid
Application spectrum:
Automobile
Mechanical
Household Appliances
Instrumentation
Architecture
Steel Structure
Others
Regions and Countries Level Analysis:
China to Dominate the Asia-Pacific Region
China continues to dominate in demand for market studied globally powered with its huge production base for paints and coatings, which has more than 1/3 of global production share.
The annual paint production of the country has rocketed from 17.6 million tons in 2018 to nearly 18.6 million tons in 2019.
According to European coatings, there are nearly 10,000 coatings manufacturers located in China. The Chinese paints & coatings production has been showing steady growth in the recent years.
While China is home to a great number of companies producing paints and coatings, foreign companies and joint ventures hold a fair share of the market. In addition, many of the international players are looking to further strengthen their position by new acquisitions.
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Market Analysis:
Acrylic-based resins are thermoplastic resins produced by the polymerization of acrylate or methacrylate monomers.
Various acrylic resins can also contain vinyl monomers, such as styrene or vinyl acetate, to reduce cost.
These resins provide resistance to hydrolysis, good weather resistance, excellent gloss, and color retention, particularly for exterior applications. They also have certain other properties such as transparency, UV resistance, and the high color ability for coating solutions.
Acrylic resins find application in solvent-borne paints. Products made by solution polymerization can also lead to the formulation of water-borne acrylic dispersions and powder coatings for architectural applications.
Research Objectives:
To study and analyze the global Acrylic Resin for Paints and Inks consumption (value) by key regions/countries, product type and application, history data from 2021 to 2027, and forecast to 2027.
To understand the structure of the Acrylic Resin for Paints and Inks market by identifying its various subsegments.
Focuses on the key global Acrylic Resin for Paints and Inks manufacturers, to define, describe and analyze the value, market share, market competition landscape, Porter's five forces analysis, SWOT analysis, and development plans in the next few years.
To analyze the Acrylic Resin for Paints and Inks with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
To project the consumption of Acrylic Resin for Paints and Inks submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Please contact our sales professional (sales@marketintelligencedata.com), we will ensure you obtain the report which works for your needs.
Scenario for Covid-19:
Several countries' companies and manufacturing facilities were harmed during the pandemic's early closure. Deferred facilities and disrupted supply chains were the biggest impediments to market expansion at the time.
Nonetheless, most of the regions have improved or are recovering as a result of the mandatory preventative measures in place to limit the disease's spread. Vaccination efforts are also growing increasingly popular in the region, which is assisting the sector's growth.
Customization:
The Global Acrylic Resin for Paints and Inks market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide 25% customization for any of our syndicated reports at no additional cost to all of our clients.
About Us:
Research Studies is a reliable source for market research reports that can give your company the edge it needs. Market intelligence data goal at Research Reports is to provide a platform for many top-notch market research businesses around the world to publish their research reports, as well as to assist decision-makers in selecting the most appropriate market research solutions all under one roof.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
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