Acrylic Resins Market Analysis, Share, Trend, Industry Report Forecast till 2032 | Arkema (France), BASF SE (Germany), Evonik Industries AG

Global Acrylic Resins Market Size, Status, and forecast for the 2025-2032. The research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Acrylic Resins Market industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data. Additionally, the report includes upstream and downstream analyses of key players, as well as global certainties and assurances. The report evaluates dynamic aspects such as forecast market information, Porter's Five Forces Analysis, sales estimates, wide product portfolio, market scenarios, and possibility studies.

Acrylic Resins Market Size was valued at USD 22.72 billion in 2024 and is projected to reach from USD 23.88 billion in 2025 to USD 35.54 billion by 2032, growing at a CAGR of 5.2% during the forecast period (2025-2032).

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Acrylic Resins Market Growth Drivers

Rapid urbanization has increased the demand for acrylic resin materials used in coating and wall painting. Due to migration policies and income disparities between urban and rural areas, emerging economies like China and India are seeing many people move to urban areas. More than 60% of people in China reside in urban areas, according to the seventh population census conducted in 2020. Growth in new investments in national construction projects results from such a significant shift. Additionally, one of the major variables that affect market growth is the increase in population in Asia-Pacific. By 2050, there will be 5.2 billion people living in Asia-Pacific, representing around 60% of the world's population.

Acrylic Resins Market Restraints:

Unlike water-based acrylic resins, solvent-based acrylic resins have a high volatile percentage. Due to their high solvent evaporation, solvent-based resins can be dangerous for workers in small areas. This may cause headaches, light-headedness, and dizziness, escalating to unconsciousness and seizures. These systems can also irritate the nose, eyes, and throat. The advent of resin formulations with lower solvent concentrations, lower average molecular weights, and improved functionality is also a result of environmental restrictions to minimize the volatile organic compounds (VOCs) in acrylic resins. During the forecast period, these factors are anticipated to hinder the global acrylic resins market.

Major Players in Acrylic Resins Markets are:

Arkema (France), BASF SE (Germany), Evonik Industries AG (Germany), Dow Chemical Company (US), Mitsubishi Chemical Corporation (Japan), Henkel AG & Co. (Germany), Nippon Shokubai Kagaku Kogyo Co.Ltd. (Japan), DIC Corporation (Japan), Sumitomo Chemical Company (Japan), Covestro AG (Germany)

Industry News:

March 2024 - DIC Corporation's subsidiary, IDEAL CHEMI PLAST PRIVATE LTD., opened a new production facility for coating resins in Maharashtra's Supa Japanese Industrial Zone. The facility tripled the production capacity of IDEAL CHEMI PLAST, positioning it to expand its business in India, South Asia, and the Middle East.

March 2021 - BASF doubled its capacity for acrylic dispersions at its new production line in Pasir Gudang, Malaysia. The line features condensate stripping recovery technology that reduces freshwater consumption and wastewater generation, contributing to the company's environmental commitment.

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Global Acrylic Resins Market Segmentation:

By Type:
Methacrylates
Acrylates
Hybrids

By Property:
Thermoplastics
Thermosetting

By End Use Application:
Building & construction
Automotive
Electronics
Packaging
Others

Application by Chemistry
Paints & Coatings
Adhesives & Sealants
Pigment Dispersion
Others

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The following areas and countries are covered in the worldwide Acrylic Resins Market file:

North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)

Asia Pacific stood at USD 10.02 billion in 2023 and is expected to hold dominant global acrylic resins market share. Government incentives, residential and commercial building & construction activities, automobile production, interest rates, and consumer spending are all important components of GDP that have a significant effect on the country's demand. Advances in adhesives & sealants, as well as improvements in infrastructure, are expected to support the market in Europe. These resins are also expected to grow in popularity as a result of recent technological advancements in this field. It will also grow as more people become aware of environmental responsibilities.

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