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Acrylic Emulsions Market - Insights and Trends 2022
Press release from: Transparency Market Research
PR Agency: Transparency Market Research
The global acrylic emulsions market is gaining from the large number of applications of acrylic emulsions in adhesives and sealants, paints and coatings, construction additives, and paper coatings among others. This is because acrylic emulsions impart properties of enhanced process ability, performance, and appearance to end products. Also, the low threat of substitutes due to the low possibility of substitution in most applications is acting in favor of the acrylic emulsions market. While acrylic emulsions are largely similar to polymer dispersions in terms of properties, the large particle size of emulsions gives them an edge over polymer dispersions.
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Pure acrylic emulsions are extensively used in the formulation of a number of consumer and industrial end-use products. This includes architectural decorative coatings for exterior and interior use, building materials, industrial coatings, glass-fiber secondary binders for tissues and veils, and non-woven, high-loft applications.
In terms of the demand-supply scenario, the bargaining power of raw material suppliers is moderate due to the low raw material demand and supply gap, threat of forward integration, and fixed number of global buyers. Further, the bargaining power of buyers is low as the acrylic emulsions market is a highly organized one. The limited number of application specific manufacturers also account for the low bargaining power of buyers.
According to a market study by Transparency Market Research (TMR), the global acrylic emulsions market will expand at a CAGR of 8.2% between 2017 and 2022 in terms of revenue. Progressing at this rate, the market is expected to attract a revenue valuation of US$8,792.6 mn by the end of 2022 up from its estimated worth of US$5,915.9 mn in 2017.
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Global Acrylic Emulsions Market: Key Insights
Among the key product types, acrylics is expected to hold the leading 62.9% of the market in 2017. In absolute numbers, the acrylics product segment is estimated to be valued at US$3, 7187.7 mn in 2017. Displaying the leading year on year growth of US$362.9 mn, the acrylics product segment is estimated to touch a valuation of US$5,533.0 mn by 2022-end. The segment is estimated to represent 62.9% of the market by the end of 2022.
As per the application classification, water-based paints, adhesives and sealants, paper/paperboard coatings, and others are the segments into which the global acrylic emulsions market is divided.
From a geographical standpoint, the report takes stock of the potential of acrylic emulsions market in the regions of North America, Latin America, Europe, Asia Pacific except Japan, Japan, and the Middle East and Africa. Amongst all, Asia Pacific except Japan is expected to lead the global acrylic emulsions market in 2017 vis-à-vis revenue, and the region is anticipated to hold on to its leading position over the forecast period.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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This release was published on openPR.
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