Press release
Solvent-Based Acrylic Resin Market 2025: Industry Growth, Key Trends, and Market Forecast | BASF, DOW, Nippon Shokubai, Arkema
Los Angeles-United State: In a recently published report by QY Research, titled, "Solvent-based Acrylic Resin - Global Market Share and Ranking, Overall, Sales and Demand Forecast 2025-2031", the analysts have provided an in-depth overview of Solvent-based Acrylic Resin Market. The report presents an assessment of figures and factors that are playing crucial role in development and growth of the Solvent-based Acrylic Resin Market. In addition, the report also provides detailed information about the segments, regional markets, and manufacturers that are necessary for complete understanding of the market. The research report offers its readers information about manufacturers in each region and their market share in the global market. It also offers qualitative and quantitative information of share growth, revenues, and others. This aimed at equipping the reader will all the necessary information for taking critical business decisions.The global market for Solvent-based Acrylic Resin was estimated to be worth US$ 2526 million in 2024 and is forecast to a readjusted size of US$ 3711 million by 2031 with a CAGR of 5.7% during the forecast period 2025-2031.
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Solvent-based acrylic resins are polymeric materials synthesized from acrylic or methacrylic acid or their derivatives. These resins are typically dissolved in organic solvents such as toluene, xylene, or butyl acetate, which enable the resins to achieve the desired properties required for a variety of industrial uses. The solvent used in the formulation of these resins is crucial because it affects not only the application properties of the resins (such as drying time, application viscosity, and film formation) but also the environmental impact and compliance with regulations.
Acrylic resins, in general, are known for their superior properties, including clarity, UV resistance, weatherability, and flexibility, which make them ideal for use in products like automotive paints, decorative coatings, industrial coatings, and adhesives. Solvent-based systems often offer advantages such as faster drying times and better flow and leveling properties, making them particularly suitable for high-performance applications where a smooth, uniform finish is desired. The solvent, in combination with the acrylic resin, also influences other properties such as gloss, hardness, and chemical resistance.
The market for solvent-based acrylic resins is characterized by a broad range of applications across various industries. The paints and coatings sector, which includes architectural, industrial, automotive, and marine coatings, is the largest consumer of these resins. Solvent-based acrylic resins are preferred in these industries due to their excellent performance characteristics, including durability, gloss retention, and resistance to environmental factors such as moisture, UV radiation, and temperature variations.
In addition to coatings, solvent-based acrylic resins are also used in adhesives and sealants, where they provide excellent bonding and sealing properties. The automotive sector, in particular, is a major consumer of acrylic-based products, using them for exterior coatings, clear coats, and finishes that provide both aesthetic appeal and protection against the elements. The adhesives market, particularly in construction and packaging industries, also relies on solvent-based acrylic resins for their ability to bond a variety of substrates.
The demand for solvent-based acrylic resins is heavily influenced by several factors, including the regulatory environment, technological advancements, and changing consumer preferences. Environmental concerns, particularly regarding volatile organic compounds (VOCs) and their contribution to air pollution, have led to increased scrutiny and regulation of solvent-based products. This has resulted in a shift toward more sustainable alternatives, such as water-based resins, which are less harmful to the environment. However, solvent-based acrylic resins continue to be preferred in certain applications where performance and durability are critical, and there is a growing focus on developing low-VOC and VOC-free alternatives to mitigate the environmental impact.
Geographically, the solvent-based acrylic resin market is global, with significant demand in regions such as North America, Europe, Asia-Pacific, and the Middle East & Africa. The Asia-Pacific region is the largest market for solvent-based acrylic resins, driven by the rapid growth of industrialization and urbanization, particularly in countries like China and India. The demand for solvent-based acrylic resins in these regions is primarily driven by the expanding automotive, construction, and packaging industries. North America and Europe, while also significant markets, are experiencing a shift towards more sustainable products, including water-based resins, due to stricter environmental regulations.
Globally, the industry is dominated by several well-known manufacturers, including BASF, DOW, Mitsubishi Chemical, Arkema, DIC, Allnex, etc. These companies have occupied an important share of the market with their strong R&D capabilities, advanced production processes and global supply chains. At the same time, some regional companies are also rising, driving the diversification of the industry's competitive landscape.
Segment Analysis
The report offers great insights into important segments of the global Solvent-based Acrylic Resin market while concentrating on their CAGR, market size, market share, and future growth potential. The global Solvent-based Acrylic Resin market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global Solvent-based Acrylic Resin market.
Details of Solvent-based Acrylic Resin Market Segmentation: -
Segment by Type:
Hydroxyacrylic Resin
Thermosetting Acrylic Resin
Thermoplastic Acrylic Resin
Segment by Application:
Automotive Coating
Marine Paint
Optical Adhesive Field
Architectural Paint
Others
Geographic Outlook
As part of regional analysis, the report throws light on high-growth regions and factors strengthening their growth in the global Solvent-based Acrylic Resin industry. Each important region and country are deeply looked into to identify lucrative growth opportunities available across the globe. The regional analysis will help players to expand their footprint, increase their knowledge of specific regulatory scenarios in important countries, and explore new opportunities in different regions.
Key Manufacturers Operating in the Global Solvent-based Acrylic Resin Market are:
BASF
DOW
Nippon Shokubai
Arkema
Eternal Materials
Mitsubishi Chem
Soken
Sanmu
Covestro
DIC
Allnex
In order to expand share and hold leading positions in the Solvent-based Acrylic Resin market, manufacturers are using well-researched marketing strategies such as collaboration, partnership, acquisition, mergers, and others. Competitive landscape of a market explains strategies incorporated by key players of the Solvent-based Acrylic Resin market. Key developments and shift in management in the recent years by players has been explained through company profiling. This helps readers to understand the trends that will accelerate the growth of Solvent-based Acrylic Resin market. It also includes investment strategies, marketing strategies, and product development plans adopted by major players of the Solvent-based Acrylic Resin market. The market forecast will help readers make better investments.
Explore Full Solvent-based Acrylic Resin Report with Detailed TOC Here: https://www.qyresearch.com/reports/4407202/solvent-based-acrylic-resin
Table of Contents
1 Market Overview
1.1 Solvent-based Acrylic Resin Product Introduction
1.2 Global Solvent-based Acrylic Resin Market Size Forecast
1.2.1 Global Solvent-based Acrylic Resin Sales Value (2020-2031)
1.2.2 Global Solvent-based Acrylic Resin Sales Volume (2020-2031)
1.2.3 Global Solvent-based Acrylic Resin Sales Price (2020-2031)
1.3 Solvent-based Acrylic Resin Market Trends & Drivers
1.3.1 Solvent-based Acrylic Resin Industry Trends
1.3.2 Solvent-based Acrylic Resin Market Drivers & Opportunity
1.3.3 Solvent-based Acrylic Resin Market Challenges
1.3.4 Solvent-based Acrylic Resin Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Solvent-based Acrylic Resin Players Revenue Ranking (2024)
2.2 Global Solvent-based Acrylic Resin Revenue by Company (2020-2025)
2.3 Global Solvent-based Acrylic Resin Players Sales Volume Ranking (2024)
2.4 Global Solvent-based Acrylic Resin Sales Volume by Company Players (2020-2025)
2.5 Global Solvent-based Acrylic Resin Average Price by Company (2020-2025)
2.6 Key Manufacturers Solvent-based Acrylic Resin Manufacturing Base and Headquarters
2.7 Key Manufacturers Solvent-based Acrylic Resin Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Solvent-based Acrylic Resin
2.9 Solvent-based Acrylic Resin Market Competitive Analysis
2.9.1 Solvent-based Acrylic Resin Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Solvent-based Acrylic Resin Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Solvent-based Acrylic Resin as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Hydroxyacrylic Resin
3.1.2 Thermosetting Acrylic Resin
3.1.3 Thermoplastic Acrylic Resin
3.2 Global Solvent-based Acrylic Resin Sales Value by Type
3.2.1 Global Solvent-based Acrylic Resin Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Solvent-based Acrylic Resin Sales Value, by Type (2020-2031)
3.2.3 Global Solvent-based Acrylic Resin Sales Value, by Type (%) (2020-2031)
3.3 Global Solvent-based Acrylic Resin Sales Volume by Type
3.3.1 Global Solvent-based Acrylic Resin Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Solvent-based Acrylic Resin Sales Volume, by Type (2020-2031)
3.3.3 Global Solvent-based Acrylic Resin Sales Volume, by Type (%) (2020-2031)
3.4 Global Solvent-based Acrylic Resin Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Automotive Coating
4.1.2 Marine Paint
4.1.3 Optical Adhesive Field
4.1.4 Architectural Paint
4.1.5 Others
4.2 Global Solvent-based Acrylic Resin Sales Value by Application
4.2.1 Global Solvent-based Acrylic Resin Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Solvent-based Acrylic Resin Sales Value, by Application (2020-2031)
4.2.3 Global Solvent-based Acrylic Resin Sales Value, by Application (%) (2020-2031)
4.3 Global Solvent-based Acrylic Resin Sales Volume by Application
4.3.1 Global Solvent-based Acrylic Resin Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Solvent-based Acrylic Resin Sales Volume, by Application (2020-2031)
4.3.3 Global Solvent-based Acrylic Resin Sales Volume, by Application (%) (2020-2031)
4.4 Global Solvent-based Acrylic Resin Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Solvent-based Acrylic Resin Sales Value by Region
5.1.1 Global Solvent-based Acrylic Resin Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Solvent-based Acrylic Resin Sales Value by Region (2020-2025)
5.1.3 Global Solvent-based Acrylic Resin Sales Value by Region (2026-2031)
5.1.4 Global Solvent-based Acrylic Resin Sales Value by Region (%), (2020-2031)
5.2 Global Solvent-based Acrylic Resin Sales Volume by Region
5.2.1 Global Solvent-based Acrylic Resin Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Solvent-based Acrylic Resin Sales Volume by Region (2020-2025)
5.2.3 Global Solvent-based Acrylic Resin Sales Volume by Region (2026-2031)
5.2.4 Global Solvent-based Acrylic Resin Sales Volume by Region (%), (2020-2031)
5.3 Global Solvent-based Acrylic Resin Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Solvent-based Acrylic Resin Sales Value, 2020-2031
5.4.2 North America Solvent-based Acrylic Resin Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Solvent-based Acrylic Resin Sales Value, 2020-2031
5.5.2 Europe Solvent-based Acrylic Resin Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Solvent-based Acrylic Resin Sales Value, 2020-2031
5.6.2 Asia Pacific Solvent-based Acrylic Resin Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Solvent-based Acrylic Resin Sales Value, 2020-2031
5.7.2 South America Solvent-based Acrylic Resin Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Solvent-based Acrylic Resin Sales Value, 2020-2031
5.8.2 Middle East & Africa Solvent-based Acrylic Resin Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Solvent-based Acrylic Resin Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Solvent-based Acrylic Resin Sales Value and Sales Volume
6.2.1 Key Countries/Regions Solvent-based Acrylic Resin Sales Value, 2020-2031
6.2.2 Key Countries/Regions Solvent-based Acrylic Resin Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Solvent-based Acrylic Resin Sales Value, 2020-2031
6.3.2 United States Solvent-based Acrylic Resin Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Solvent-based Acrylic Resin Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Solvent-based Acrylic Resin Sales Value, 2020-2031
6.4.2 Europe Solvent-based Acrylic Resin Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Solvent-based Acrylic Resin Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Solvent-based Acrylic Resin Sales Value, 2020-2031
6.5.2 China Solvent-based Acrylic Resin Sales Value by Type (%), 2024 VS 2031
6.5.3 China Solvent-based Acrylic Resin Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Solvent-based Acrylic Resin Sales Value, 2020-2031
6.6.2 Japan Solvent-based Acrylic Resin Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Solvent-based Acrylic Resin Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Solvent-based Acrylic Resin Sales Value, 2020-2031
6.7.2 South Korea Solvent-based Acrylic Resin Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Solvent-based Acrylic Resin Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Solvent-based Acrylic Resin Sales Value, 2020-2031
6.8.2 Southeast Asia Solvent-based Acrylic Resin Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Solvent-based Acrylic Resin Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Solvent-based Acrylic Resin Sales Value, 2020-2031
6.9.2 India Solvent-based Acrylic Resin Sales Value by Type (%), 2024 VS 2031
6.9.3 India Solvent-based Acrylic Resin Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 BASF
7.1.1 BASF Company Information
7.1.2 BASF Introduction and Business Overview
7.1.3 BASF Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 BASF Solvent-based Acrylic Resin Product Offerings
7.1.5 BASF Recent Development
7.2 DOW
7.2.1 DOW Company Information
7.2.2 DOW Introduction and Business Overview
7.2.3 DOW Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 DOW Solvent-based Acrylic Resin Product Offerings
7.2.5 DOW Recent Development
7.3 Nippon Shokubai
7.3.1 Nippon Shokubai Company Information
7.3.2 Nippon Shokubai Introduction and Business Overview
7.3.3 Nippon Shokubai Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Nippon Shokubai Solvent-based Acrylic Resin Product Offerings
7.3.5 Nippon Shokubai Recent Development
7.4 Arkema
7.4.1 Arkema Company Information
7.4.2 Arkema Introduction and Business Overview
7.4.3 Arkema Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Arkema Solvent-based Acrylic Resin Product Offerings
7.4.5 Arkema Recent Development
7.5 Eternal Materials
7.5.1 Eternal Materials Company Information
7.5.2 Eternal Materials Introduction and Business Overview
7.5.3 Eternal Materials Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Eternal Materials Solvent-based Acrylic Resin Product Offerings
7.5.5 Eternal Materials Recent Development
7.6 Mitsubishi Chem
7.6.1 Mitsubishi Chem Company Information
7.6.2 Mitsubishi Chem Introduction and Business Overview
7.6.3 Mitsubishi Chem Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Mitsubishi Chem Solvent-based Acrylic Resin Product Offerings
7.6.5 Mitsubishi Chem Recent Development
7.7 Soken
7.7.1 Soken Company Information
7.7.2 Soken Introduction and Business Overview
7.7.3 Soken Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Soken Solvent-based Acrylic Resin Product Offerings
7.7.5 Soken Recent Development
7.8 Sanmu
7.8.1 Sanmu Company Information
7.8.2 Sanmu Introduction and Business Overview
7.8.3 Sanmu Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Sanmu Solvent-based Acrylic Resin Product Offerings
7.8.5 Sanmu Recent Development
7.9 Covestro
7.9.1 Covestro Company Information
7.9.2 Covestro Introduction and Business Overview
7.9.3 Covestro Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Covestro Solvent-based Acrylic Resin Product Offerings
7.9.5 Covestro Recent Development
7.10 DIC
7.10.1 DIC Company Information
7.10.2 DIC Introduction and Business Overview
7.10.3 DIC Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 DIC Solvent-based Acrylic Resin Product Offerings
7.10.5 DIC Recent Development
7.11 Allnex
7.11.1 Allnex Company Information
7.11.2 Allnex Introduction and Business Overview
7.11.3 Allnex Solvent-based Acrylic Resin Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Allnex Solvent-based Acrylic Resin Product Offerings
7.11.5 Allnex Recent Development
8 Industry Chain Analysis
8.1 Solvent-based Acrylic Resin Industrial Chain
8.2 Solvent-based Acrylic Resin Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Solvent-based Acrylic Resin Sales Model
8.5.2 Sales Channel
8.5.3 Solvent-based Acrylic Resin Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
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