NEW YORK, Oct. 30, 2023 /PRNewswire/ — The latest report on the acrylic powder market estimates registers an incremental growth of USD 820.67 million from 2022 to 2027. The market is estimated to grow at a CAGR of 5.35% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report
Technavio has announced its latest market research report titled Global Acrylic Powder Market 2023-2027
The growing emphasis on aesthetic appeal notably drives the market growth. consumers increasingly focus on the latest fashion products in order to achieve fashionable looks. Artificial nails are false nails that are used as a fashion accessory that is layered over natural nails. These false nails aids in lengthening short nails, giving the appearance of longer, leaner fingers. It is possible to trim, file, and paint artificial nails. As acrylic nails are significantly more attractive than natural nails, they have many advantages, like providing consistency in length and shape. They also offer a wide range of decoration options. Hence, the growing emphasis on aesthetic appeal is one of the major drivers which is expected to drive the growth of the global acrylic powder market during the forecast period.
Acrylic Powder Market 2023-2027: Scope
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:
Acrylic Powder Market 2023-2027: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Akzo Nobel NV, Arkema Group, Asian Paints Ltd., Axalta Coating Systems LLC., BASF SE, Berger Paints India Ltd., Brillux GmbH and Co. KG, Chemilac Paints Pvt Ltd, DIC Corp., Dow Chemical Co., Makevale Group, Jesons Industries Ltd, Jotun AS, The Karnak Corp., KM Nail Manufacturer, Nippon Paint Holdings Co. Ltd., RPM International Inc., Sika AG, The Sherwin Williams Co., and PPG Industries Inc. are among some of the major market participants.
Vendor Offerings
Akzo Nobel NV – The company offers acrylic powder such as beige CAH3T34698, white CAW2C40654, and white CAW3C48014.
Arkema Group – The company offers acrylic powder for superabsorbents, plastic materials, flocculants, paints, and coatings.
Asian Paints Ltd. – The company offers acrylic powder such as Asian paints Trucare acrylic putty which provides a very strong, and durable foundation.
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Acrylic Powder Market 2023-2027: Market Dynamics
Major Trends
The growing e-commerce industry and global trade are emerging market trends influencing the growth. The expansion has had a profound impact on businesses and consumers worldwide, as these trends have revolutionized the way goods and services are bought and sold. They also helped in opening up new opportunities for growth, convenience, and market access. Consumers prefer the convenience offered by e-commerce, where they are able to browse and buy products from all over the world in a couple of clicks.
Nail salon and spa products also experience the convenience factor through global trade. It is leading to the growing use of Internet shopping as an attractive option for consumers. Furthermore, advancements in logistics and shipping have made it easier and more cost-effective for businesses to transport products worldwide, which facilitates global trade and expanding market reach. Hence, factors like the growing e-commerce industry and global trade are the growing trends that are expected to drive the growth of the global acrylic powder market during the forecast period.
Key Challenges
The several health and safety concerns associated with the use of acrylic powder challenge the growth of the acrylic powder market. The potential for allergic reactions as well as the risk of chemical sensitization are the major concerns. Chemical sensitization may develop in people who become more and more sensitive or immunocompromised to these substances due to long or repeated exposure to acrylic powders and related chemicals. Proper ventilation systems in nail salons and the use of personal protective equipment, such as masks, are crucial in minimizing inhalation exposure.
However, there can be nail damage as a result of incorrect application or removal techniques. Also, in order to reduce the risk of nail damage, nail technicians must perform appropriate techniques and individuals should consult with professional help for application or removal of acrylic powder. Hence, such factors challenge the growth of the acrylic powder market during the forecast period.
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Acrylic Powder Market 2023-2027: Segmentation
Acrylic Powder Market is segmented as below:
End-user
Cosmetics
Inks
Automotive
Plastics
Others
Application
Fingernail
Plastisol Production
Textile Printing Inks
Others
Geography
APAC
North America
Europe
South America
Middle East And Africa
The market share growth by the cosmetics segment will be significant for market growth during the forecast period. Acrylic powder is extensively used in the formulation of various cosmetic products, which contributes to their performance and aesthetic appeal. The production of foundations majorly uses acrylic powders because they enhance the texture and consistency of foundation formulas, ensuring smooth and even application on the skin. Additionally, acrylic powder contributes to the smooth application and blend-ability of these products, as well as ensuring that the color payoff is consistent and buildable. Hence, such factors boost the segment growth, which, in turn, boosts the entire market growth during the forecast period.
For insights on global, regional, and country-level parameters with growth opportunities, historic (2017 to 2021) & forecast (2023-2027) – Download a Sample Report
Acrylic Powder Market 2023-2027: Key Highlights
CAGR of the market during the forecast period 2023-2027
Detailed information on factors that will assist acrylic powder market growth during the next five years
Estimation of the acrylic powder market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the acrylic powder market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of acrylic powder market, vendors
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Acrylic Powder Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.35% |
Market growth 2023-2027 |
USD 820.67 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
4.97 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 45% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Akzo Nobel NV, Arkema Group, Asian Paints Ltd., Axalta Coating Systems LLC., BASF SE, Berger Paints India Ltd., Brillux GmbH and Co. KG, Chemilac Paints Pvt Ltd, DIC Corp., Dow Chemical Co., Makevale Group, Jesons Industries Ltd, Jotun AS, The Karnak Corp., KM Nail Manufacturer, Nippon Paint Holdings Co. Ltd., RPM International Inc., Sika AG, The Sherwin Williams Co., and PPG Industries Inc. |
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, Market condition analysis for 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. |
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. |
Table of Contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global – Market size and forecast 2022-2027 (USD million)
Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 (USD million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global acrylic powder market 2017 – 2021
Exhibit 18: Historic Market Size – Data Table on global acrylic powder market 2017 – 2021 (USD million)
4.2 End-user Segment Analysis 2017 – 2021
Exhibit 19: Historic Market Size – End-user Segment 2017 – 2021 (USD million)
4.3 Application Segment Analysis 2017 – 2021
Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 (USD million)
4.4 Geography Segment Analysis 2017 – 2021
Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 (USD million)
4.5 Country Segment Analysis 2017 – 2021
Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 (USD million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by End-user
6.1 Market segments
Exhibit 30: Chart on End-user – Market share 2022-2027 (%)
Exhibit 31: Data Table on End-user – Market share 2022-2027 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Cosmetics – Market size and forecast 2022-2027
Exhibit 34: Chart on Cosmetics – Market size and forecast 2022-2027 (USD million)
Exhibit 35: Data Table on Cosmetics – Market size and forecast 2022-2027 (USD million)
Exhibit 36: Chart on Cosmetics – Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Cosmetics – Year-over-year growth 2022-2027 (%)
6.4 Inks – Market size and forecast 2022-2027
Exhibit 38: Chart on Inks – Market size and forecast 2022-2027 (USD million)
Exhibit 39: Data Table on Inks – Market size and forecast 2022-2027 (USD million)
Exhibit 40: Chart on Inks – Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Inks – Year-over-year growth 2022-2027 (%)
6.5 Automotive – Market size and forecast 2022-2027
Exhibit 42: Chart on Automotive – Market size and forecast 2022-2027 (USD million)
Exhibit 43: Data Table on Automotive – Market size and forecast 2022-2027 (USD million)
Exhibit 44: Chart on Automotive – Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on Automotive – Year-over-year growth 2022-2027 (%)
6.6 Plastics – Market size and forecast 2022-2027
Exhibit 46: Chart on Plastics – Market size and forecast 2022-2027 (USD million)
Exhibit 47: Data Table on Plastics – Market size and forecast 2022-2027 (USD million)
Exhibit 48: Chart on Plastics – Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Plastics – Year-over-year growth 2022-2027 (%)
6.7 Others – Market size and forecast 2022-2027
Exhibit 50: Chart on Others – Market size and forecast 2022-2027 (USD million)
Exhibit 51: Data Table on Others – Market size and forecast 2022-2027 (USD million)
Exhibit 52: Chart on Others – Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Others – Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by End-user
Exhibit 54: Market opportunity by End-user (USD million)
Exhibit 55: Data Table on Market opportunity by End-user (USD million)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 56: Chart on Application – Market share 2022-2027 (%)
Exhibit 57: Data Table on Application – Market share 2022-2027 (%)
7.2 Comparison by Application
Exhibit 58: Chart on Comparison by Application
Exhibit 59: Data Table on Comparison by Application
7.3 Fingernail – Market size and forecast 2022-2027
Exhibit 60: Chart on Fingernail – Market size and forecast 2022-2027 (USD million)
Exhibit 61: Data Table on Fingernail – Market size and forecast 2022-2027 (USD million)
Exhibit 62: Chart on Fingernail – Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Fingernail – Year-over-year growth 2022-2027 (%)
7.4 Plastisol production – Market size and forecast 2022-2027
Exhibit 64: Chart on Plastisol production – Market size and forecast 2022-2027 (USD million)
Exhibit 65: Data Table on Plastisol production – Market size and forecast 2022-2027 (USD million)
Exhibit 66: Chart on Plastisol production – Year-over-year growth 2022-2027 (%)
Exhibit 67: Data Table on Plastisol production – Year-over-year growth 2022-2027 (%)
7.5 Textile printing inks – Market size and forecast 2022-2027
Exhibit 68: Chart on Textile printing inks – Market size and forecast 2022-2027 (USD million)
Exhibit 69: Data Table on Textile printing inks – Market size and forecast 2022-2027 (USD million)
Exhibit 70: Chart on Textile printing inks – Year-over-year growth 2022-2027 (%)
Exhibit 71: Data Table on Textile printing inks – Year-over-year growth 2022-2027 (%)
7.6 Others – Market size and forecast 2022-2027
Exhibit 72: Chart on Others – Market size and forecast 2022-2027 (USD million)
Exhibit 73: Data Table on Others – Market size and forecast 2022-2027 (USD million)
Exhibit 74: Chart on Others – Year-over-year growth 2022-2027 (%)
Exhibit 75: Data Table on Others – Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Application
Exhibit 76: Market opportunity by Application (USD million)
Exhibit 77: Data Table on Market opportunity by Application (USD million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 78: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 79: Chart on Market share by geography 2022-2027 (%)
Exhibit 80: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 81: Chart on Geographic comparison
Exhibit 82: Data Table on Geographic comparison
9.3 APAC – Market size and forecast 2022-2027
Exhibit 83: Chart on APAC – Market size and forecast 2022-2027 (USD million)
Exhibit 84: Data Table on APAC – Market size and forecast 2022-2027 (USD million)
Exhibit 85: Chart on APAC – Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on APAC – Year-over-year growth 2022-2027 (%)
9.4 North America – Market size and forecast 2022-2027
Exhibit 87: Chart on North America – Market size and forecast 2022-2027 (USD million)
Exhibit 88: Data Table on North America – Market size and forecast 2022-2027 (USD million)
Exhibit 89: Chart on North America – Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on North America – Year-over-year growth 2022-2027 (%)
9.5 Europe – Market size and forecast 2022-2027
Exhibit 91: Chart on Europe – Market size and forecast 2022-2027 (USD million)
Exhibit 92: Data Table on Europe – Market size and forecast 2022-2027 (USD million)
Exhibit 93: Chart on Europe – Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Europe – Year-over-year growth 2022-2027 (%)
9.6 South America – Market size and forecast 2022-2027
Exhibit 95: Chart on South America – Market size and forecast 2022-2027 (USD million)
Exhibit 96: Data Table on South America – Market size and forecast 2022-2027 (USD million)
Exhibit 97: Chart on South America – Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on South America – Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa – Market size and forecast 2022-2027
Exhibit 99: Chart on Middle East and Africa – Market size and forecast 2022-2027 (USD million)
Exhibit 100: Data Table on Middle East and Africa – Market size and forecast 2022-2027 (USD million)
Exhibit 101: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
9.8 US – Market size and forecast 2022-2027
Exhibit 103: Chart on US – Market size and forecast 2022-2027 (USD million)
Exhibit 104: Data Table on US – Market size and forecast 2022-2027 (USD million)
Exhibit 105: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on US – Year-over-year growth 2022-2027 (%)
9.9 China – Market size and forecast 2022-2027
Exhibit 107: Chart on China – Market size and forecast 2022-2027 (USD million)
Exhibit 108: Data Table on China – Market size and forecast 2022-2027 (USD million)
Exhibit 109: Chart on China – Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on China – Year-over-year growth 2022-2027 (%)
9.10 Japan – Market size and forecast 2022-2027
Exhibit 111: Chart on Japan – Market size and forecast 2022-2027 (USD million)
Exhibit 112: Data Table on Japan – Market size and forecast 2022-2027 (USD million)
Exhibit 113: Chart on Japan – Year-over-year growth 2022-2027 (%)
Exhibit 114: Data Table on Japan – Year-over-year growth 2022-2027 (%)
9.11 Germany – Market size and forecast 2022-2027
Exhibit 115: Chart on Germany – Market size and forecast 2022-2027 (USD million)
Exhibit 116: Data Table on Germany – Market size and forecast 2022-2027 (USD million)
Exhibit 117: Chart on Germany – Year-over-year growth 2022-2027 (%)
Exhibit 118: Data Table on Germany – Year-over-year growth 2022-2027 (%)
9.12 UK – Market size and forecast 2022-2027
Exhibit 119: Chart on UK – Market size and forecast 2022-2027 (USD million)
Exhibit 120: Data Table on UK – Market size and forecast 2022-2027 (USD million)
Exhibit 121: Chart on UK – Year-over-year growth 2022-2027 (%)
Exhibit 122: Data Table on UK – Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 123: Market opportunity by geography (USD million)
Exhibit 124: Data Tables on Market opportunity by geography (USD million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 125: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 126: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 127: Overview on factors of disruption
11.4 Industry risks
Exhibit 128: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 129: Vendors covered
12.2 Market positioning of vendors
Exhibit 130: Matrix on vendor position and classification
12.3 Akzo Nobel NV
Exhibit 131: Akzo Nobel NV – Overview
Exhibit 132: Akzo Nobel NV – Business segments
Exhibit 133: Akzo Nobel NV – Key news
Exhibit 134: Akzo Nobel NV – Key offerings
Exhibit 135: Akzo Nobel NV – Segment focus
12.4 Arkema Group
Exhibit 136: Arkema Group – Overview
Exhibit 137: Arkema Group – Business segments
Exhibit 138: Arkema Group – Key news
Exhibit 139: Arkema Group – Key offerings
Exhibit 140: Arkema Group – Segment focus
12.5 Asian Paints Ltd.
Exhibit 141: Asian Paints Ltd. – Overview
Exhibit 142: Asian Paints Ltd. – Business segments
Exhibit 143: Asian Paints Ltd. – Key offerings
Exhibit 144: Asian Paints Ltd. – Segment focus
12.6 Axalta Coating Systems LLC.
Exhibit 145: Axalta Coating Systems LLC. – Overview
Exhibit 146: Axalta Coating Systems LLC. – Business segments
Exhibit 147: Axalta Coating Systems LLC. – Key offerings
Exhibit 148: Axalta Coating Systems LLC. – Segment focus
12.7 BASF SE
Exhibit 149: BASF SE – Overview
Exhibit 150: BASF SE – Business segments
Exhibit 151: BASF SE – Key news
Exhibit 152: BASF SE – Key offerings
Exhibit 153: BASF SE – Segment focus
12.8 Berger Paints India Ltd.
Exhibit 154: Berger Paints India Ltd. – Overview
Exhibit 155: Berger Paints India Ltd. – Product / Service
Exhibit 156: Berger Paints India Ltd. – Key offerings
12.9 Brillux GmbH and Co. KG
Exhibit 157: Brillux GmbH and Co. KG – Overview
Exhibit 158: Brillux GmbH and Co. KG – Product / Service
Exhibit 159: Brillux GmbH and Co. KG – Key offerings
12.10 Chemilac Paints Pvt Ltd
Exhibit 160: Chemilac Paints Pvt Ltd – Overview
Exhibit 161: Chemilac Paints Pvt Ltd – Product / Service
Exhibit 162: Chemilac Paints Pvt Ltd – Key offerings
12.11 Jesons Industries Ltd
Exhibit 163: Jesons Industries Ltd – Overview
Exhibit 164: Jesons Industries Ltd – Product / Service
Exhibit 165: Jesons Industries Ltd – Key offerings
12.12 Jotun AS
Exhibit 166: Jotun AS – Overview
Exhibit 167: Jotun AS – Business segments
Exhibit 168: Jotun AS – Key offerings
Exhibit 169: Jotun AS – Segment focus
12.13 Nippon Paint Holdings Co. Ltd.
Exhibit 170: Nippon Paint Holdings Co. Ltd. – Overview
Exhibit 171: Nippon Paint Holdings Co. Ltd. – Business segments
Exhibit 172: Nippon Paint Holdings Co. Ltd. – Key offerings
Exhibit 173: Nippon Paint Holdings Co. Ltd. – Segment focus
12.14 PPG Industries Inc.
Exhibit 174: PPG Industries Inc. – Overview
Exhibit 175: PPG Industries Inc. – Business segments
Exhibit 176: PPG Industries Inc. – Key offerings
Exhibit 177: PPG Industries Inc. – Segment focus
12.15 RPM International Inc.
Exhibit 178: RPM International Inc. – Overview
Exhibit 179: RPM International Inc. – Business segments
Exhibit 180: RPM International Inc. – Key offerings
Exhibit 181: RPM International Inc. – Segment focus
12.16 Sika AG
Exhibit 182: Sika AG – Overview
Exhibit 183: Sika AG – Business segments
Exhibit 184: Sika AG – Key news
Exhibit 185: Sika AG – Key offerings
Exhibit 186: Sika AG – Segment focus
12.17 The Karnak Corp.
Exhibit 187: The Karnak Corp. – Overview
Exhibit 188: The Karnak Corp. – Product / Service
Exhibit 189: The Karnak Corp. – Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 190: Inclusions checklist
Exhibit 191: Exclusions checklist
13.3 Currency conversion rates for USUSD
Exhibit 192: Currency conversion rates for USUSD
13.4 Research methodology
Exhibit 193: Research methodology
Exhibit 194: Validation techniques employed for market sizing
Exhibit 195: Information sources
13.5 List of abbreviations
Exhibit 196: List of abbreviations
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