Solvent-Based Acrylic Resin Market to Hit $3,711 Million by 2031, Growing at 5.7% CAGR from 2025-2031

LOS ANGELES, United States: QY Research has recently published a report, titled "Solvent-based Acrylic Resin Market Insights - Industry Share, Sales Projections, and Demand Outlook 2024-2030". The research study presented in this report offers complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the global Solvent-based Acrylic Resin market. It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and other key factors related to the global Solvent-based Acrylic Resin market. The authors of the report have segmented the global Solvent-based Acrylic Resin market as per product, application, and region.

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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According to QYResearch Top Players Research Center, the global key manufacturers of Solvent-based Acrylic Resin include DIC, Sanmu, Allnex, Eternal Materials, DOW, Arkema, Soken, Nippon Shokubai, BASF, Mitsubishi Chem, etc. In 2024, the global top five players had a share approximately 44.0% in terms of revenue.

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.

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.

Details of Solvent-based Acrylic Resin Market Segmentation: -

Key Players Mentioned in the Report:

BASF
DOW
Nippon Shokubai
Arkema
Eternal Materials
Mitsubishi Chem
Soken
Sanmu
Covestro
DIC
Allnex

Segment by Type

Hydroxyacrylic Resin
Thermosetting Acrylic Resin
Thermoplastic Acrylic Resin

Segment by Application

Automotive Coating
Marine Paint
Optical Adhesive Field
Architectural Paint
Others

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.

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Each chapter of the report provides detailed information for readers to further understand the Solvent-based Acrylic Resin market:

Chapter 1: Introduces the report scope of the Solvent-based Acrylic Resin report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)

Chapter 2: Detailed analysis of Solvent-based Acrylic Resin manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)

Chapter 3: Provides the analysis of various Solvent-based Acrylic Resin market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)

Chapter 5: Sales, revenue of Solvent-based Acrylic Resin in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)

Chapter 6: Sales, revenue of Solvent-based Acrylic Resin in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Solvent-based Acrylic Resin competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Solvent-based Acrylic Resin comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Solvent-based Acrylic Resin market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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