Press release
What's Propelling Growth in the Acrylic Resin Market Across Industries?
Acrylic Resin Market
Acrylic Resin Market size was valued at USD 21.77 Billion in 2023 and is poised to grow from USD 22.9 Billion in 2024 to USD 34.36 Billion by 2032, growing at a CAGR of 5.2% during the forecast period (2025-2032).
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These resins can cause health issues such as headaches, dizziness, and respiratory irritation. To overcome these challenges, the development of bio-based resin systems is gaining importance to ensure sustainability and reduce environmental impact. The focus on green and bio-based paints and coatings presents new market opportunities and promotes a sustainable approach throughout the entire lifecycle of coatings, from raw materials to manufacturing and formulation.
Market Segmentation:
Global Acrylic Resin Market is segmented by Chemistry, by Solvency, by Application, by End Use and by Region.
Based on Chemistry, the market is segmented into Acrylates, Methacrylates, Hybrid. Based on Solvency, the market is segmented into Water based, Solvent based, Others.
Based on application, the market is segmented into Paints & Coatings, Adhesives & Sealants, DIY coatings, Elastomers, Others.
Based on End Use, the market is segmented into Building & Construction, Industrial, Paper & paperboard, Consumer goods, Electrical & electronics, Packaging, Others.
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Acrylic Resin Market Key Players:
BASF SE
The Dow Chemical Company
Arkema Group
Mitsubishi Chemical Corporation
Nippon Shokubai Co., Ltd.
DIC Corporation
Evonik Industries AG
Sumitomo Chemical Co., Ltd.
LG Chem, Ltd
Formosa Plastics Corporation
Wacker Chemie AG
Solvay S.A.
Shin-Etsu Chemical Co., Ltd.
Covestro AG
Kuraray Co., Ltd.
SABIC
Eastman Chemical Company
Celanese Corporation
Huntsman Corporation
DSM-Firmenich
Acrylic Resin Market Regional Insights:
In 2022, Europe emerged as the region with the highest market share in the acrylic resins market. This can be attributed to the increased demand for protective paints and coatings, particularly in the automotive industry. Acrylic resins are widely used as binders in automotive coatings, providing durability, weather resistance, and enhanced aesthetic appeal to vehicles. The stringent regulations on emission control and the focus on sustainability have further driven the demand for acrylic resins in Europe.
Acrylic Resin Key Market Trends:
One key market trend in the acrylic resins industry is the growing demand for sustainable and eco-friendly solutions. With increasing environmental awareness and regulations, there is a shift towards using acrylic resins that have lower volatile organic compound (VOC) content and are derived from renewable sources. Manufacturers are focusing on developing bio-based acrylic resins that offer similar performance characteristics to traditional resins while reducing their environmental impact. Additionally, there is a rising interest in water-based acrylic resins, which have lower VOC emissions compared to solvent-based resins. These water-based resins also offer easier application, faster drying times, and improved safety for workers.
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Acrylic Resin industry.
Related Reports:
https://insightdigits.exblog.jp/243735131/
https://vinitsawant.hatenablog.com/entry/2025/04/17/191223
Looking ahead, the Acrylic Resin Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Acrylic Resin Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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