Press release
Solid Acrylic Resins Market : Business Analysis, Revenue, Prominent Players and Forecast to 2031
Transparency Market Research delivers key insights on the global solid acrylic resins market. In terms of revenue, the global solid acrylic resins market is estimated to expand at a CAGR of 7.3% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global solid acrylic resins market.
๐๐๐ญ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ -https://www.transparencymarketresearch.com/solid-acrylic-resins-market.html
The global solid acrylic resins market is broadly affected by several factors including usage of solid acrylic resins in the paints & coatings industry. Rise in demand for paints and coatings, inks, and varnishes in construction & infrastructure and automobile industries is propelling the global solid acrylic resins market.
๐๐จ๐ฅ๐ข๐ ๐๐๐ซ๐ฒ๐ฅ๐ข๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
Rise in demand for paints and coatings made from solid acrylic resins is expected to the drive the solid acrylic resins market in the near future. Residential and commercial construction is the major contributor to the market size of acrylic resin-based systems. Residential construction has been increasing significantly since the past few years, owing to the rise in disposable income of consumers, changing lifestyle, growth in demand for single-family homes, and ease of financing.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=83740
Exterior coatings are generally used to prevent the corrosion of materials. Exterior coatings made from acrylic resins have good color and gloss retention property. They are durable and carry good adhesion to substrate.
Industrial coatings protect materials or products from corrosion and decay, and provide colorful and beautiful appearance to the coated surface, substrate, or product. Industrial coatings made from acrylic resins dry quickly and carry high gloss capability.
Increase in population and rapid urbanization in Asia Pacific; and need for improved infrastructure and residential spaces are anticipated to play a crucial role in the expansion of the solid acrylic resins market.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=83740
๐๐จ๐ฅ๐ข๐ ๐๐๐ซ๐ฒ๐ฅ๐ข๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ
Based on region, the global solid acrylic resins market can be segmented into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the global solid acrylic resins market in 2020. The region is expected to maintain its dominance during the forecast period. The dominance of Asia Pacific can be ascribed to increase in infrastructure and construction activities, including China and India, in the region.
The solid acrylic resins market in Middle East & Africa is anticipated to expand at a significant pace during the forecast period. Larger size of end-use industries in Latin America and Europe is expected to augment the solid acrylic resins market in these regions during the forecast period. The rise in demand for solid acrylic resins in various applications is also likely to boost the solid acrylic resins market in these regions over the next few years.
๐๐จ๐ฅ๐ข๐ ๐๐๐ซ๐ฒ๐ฅ๐ข๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The global solid acrylic resins market is fragmented with the presence of large number of players. Key players operating in the global solid acrylic resins market are DSM, Sun Polymers, Inc., Eternal Materials Co., Ltd., SEIKO PMC CORPORATION, BASF SE, Allnex, Suzhou Direction Chemical Co.,Ltd, AEKYUNG CHEMICAL Co., Ltd, Chevell Performance Material Group, Anhui Elite Industrial Co., Ltd., and Formula Chemicals Inc.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=83740
๐๐ฅ๐จ๐๐๐ฅ ๐๐จ๐ฅ๐ข๐ ๐๐๐ซ๐ฒ๐ฅ๐ข๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐จ๐ฅ๐ข๐ ๐๐๐ซ๐ฒ๐ฅ๐ข๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฒ๐ฉ๐
Acrylic
Styrene Acrylic
Others (Powder, Waterborne, and Solvent-based)
๐๐จ๐ฅ๐ข๐ ๐๐๐ซ๐ฒ๐ฅ๐ข๐ ๐๐๐ฌ๐ข๐ง๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Coatings
Exterior Coatings
Industrial Coatings
Fire-retardant coatings
Plastic Coatings
Others (Floor Coatings and Wood Coatings)
Paints
Road Marking Paints
Floor Paints
Industrial Paints
Others
Inks
Varnish
Others (Additives)
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Rohit Bhisey
Transparency Market Research Inc.
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