Acrylic Resin Market size to grow by USD 5.48 billion from 2022 to 2027, llnex GMBH, Anhui Elite Industrial Co. Ltd., Arkema Group, and MORE to emerge as key players- Technavio

NEW YORK, Oct. 19, 2023 /PRNewswire/ — The acrylic resin market size is expected to grow by USD 5.48 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 5% during the forecast period, according to Technavio.  We provide a detailed analysis of 20 companies operating in the acrylic resin market including Allnex GMBH, Anhui Elite Industrial Co. Ltd., Arkema Group, BASF SE, CHANSIEH ENTERPRISES CO. LTD, Chevell Performance Material Group, Covestro AG, DIC Corp., Dow Chemical Co., Eternal Materials Co. Ltd., Evonik Industries AG, Formula Chemicals Inc., Henkel AG and Co. KGaA, Koninklijke DSM NV, Mitsubishi Chemical Group Corp., Mitsui Chemicals Inc., Nippon Shokubai Co. Ltd., Resonac Holdings Corp., Solvay SA, and Sumitomo Chemical Co. Ltd. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request FREE Sample Report.

Acrylic Resin Market 2023-2027: Company Analysis

Allnex GMBH: The company offers acrylic resins such as Solventborne Acrylics under its trade names SETALUX and MACRYNAL, which deliver tough, durable polyurethane topcoats and clearcoats for a tremendous variety of industrial and automotive applications.

This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information.

Acrylic Resin Market 2023-2027: Segmentation

Application

  • The market share growth of the paint and coatings segment is significant during the forecast period. There is an increasing adoption of acrylic resins for painting and coatings applications.  Acrylic resin is a type of polymer that contains acrylic monomers. These monomers usually exist in solvents (solvents) or solvents (solid solvents). One of the most widely used resins in latex paint is acrylic resin. 

Geography 

  • APAC accounts for 51% of the growth of the global market during the forecast period. Some of the leading consumers of acrylic paints in APAC include  China, India, Japan, Malaysia, Thailand, Indonesia, and Vietnam. China is one of the significant contributors to the growth of the market as it is one of the largest automotive producers in the world and one of the biggest manufacturers of paints and coatings for various industries, it is well placed to meet these demands including aerospace, architecture, automobile, and construction. 

    Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View FREE PDF Sample Report

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Acrylic Resin Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2023-2027

USD 5.48 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.55

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 51%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Allnex GMBH, Anhui Elite Industrial Co. ltd., Arkema Group, BASF SE, CHANSIEH ENTERPRISES CO. LTD, Chevell Performance Material Group, Covestro AG, DIC Corp., Dow Chemical Co., Eternal Materials Co. Ltd., Evonik Industries AG, Formula Chemicals Inc., Henkel AG and Co. KGaA, Koninklijke DSM NV, Mitsubishi Chemical Group Corp., Mitsui Chemicals Inc., Nippon Shokubai Co. Ltd., Resonac Holdings Corp., Solvay SA, and Sumitomo Chemical Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Application

Market Segmentation by Type

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com

SOURCE Infiniti Research, Inc.


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