Market Insights
The acrylic emulsions market is estimated to grow at a CAGR of 8.25% over the next five years to reach US$ 12.59 Billion in 2028.
Methacrylic acid and acrylic acid, among other composites, are the sources of acrylic resins among the thermoplastic components. Acrylic polymers are usually referred to as acrylics, and acrylic emulsions are regarded as being the most robust for outdoor purposes. Acrylic emulsions are increasingly being used in products for building, commercial painting, industrial coatings, and other applications in the automotive and construction fields. Emulsions made from both water and chemicals serve a purpose in a wide range of applications.
Low volatile emissions and adaptability define acrylic emulsions. These characteristics make them suitable for the construction, paint, and textile industries. The global market for acrylic emulsions is projected to grow as a result of the rising demand for paint and coating applications. Additionally, it is anticipated that the market for acrylic emulsions will increase, mainly due to the rapid development of the paint and coatings sector globally.
Moreover, rapid industrialization in countries that are developing, rising construction, rising demand for paint products, and increasing adoption of acrylic emulsion in paints, are the main factors propelling the growth of the global acrylic emulsions market. The development of this market over the projection period may be impeded by high feedstock prices, a shift in the application market from developed to emerging nations, and increasing manufacturing expenses. The primary focus of key players is on developing revolutionary goods that are anticipated to create novel opportunities for the acrylic emulsions industry.
Segments' Analysis
Product Type
The acrylic emulsions market is segmented into pure acrylic, polymer, and copolymer. Polymer and Copolymer are expected to remain the largest product types in the market during the forecast period. In order to create water-based and solvent-based emulsions for a variety of applications, polymer, and copolymer acrylic emulsions are preferred. More than half of the market share for acrylic emulsions would be held by the polymer and copolymer segment product types.
Application Type
The market is segmented into paper coatings, construction additives, paint coatings, adhesive sealants, and others. Paint Coatings are expected to remain the dominant application type in the market during the forecast period. Because acrylic emulsions have various mechanical attributes, including high durability and weathering resistance.
Regional Analysis
During the projection period, North America is anticipated to hold the greatest share of the market and expand. North America has the greatest market share in terms of value for acrylic emulsions because of the restoration and building projects being carried out in the US and other North American nations.
The Asia-Pacific region is anticipated to expand as a result of rising demand for paints and coatings in nations like China, India, Indonesia, and Malaysia.
Key Players
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the acrylic emulsions market:
- BASF SE
- Synthomer Plc.
- Arkema Group
- The Dow Chemical Company
- Celanese Corporation
- Lubrizol Corporation
- Ashland
- H.B. Fuller
- DIC CORPORATION
- Asahi Kasei
- Organik Kimya
- Trinseo
- Anhui Sinograce Chemical
- Kamsons Chemicals Pvt. Ltd.
- Pexi Chem Private Limited
- Asian Paints
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s acrylic emulsions market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for existing and new players.
- Key success factors.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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