Acrylic Resin Market Growth, Demand and Challenges of the Key Industry Players 2023-28

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Global Acrylic Resin Market Research and Forecast
Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Acrylic Resin Market Research Report The
latest report by IMARC, titled Acrylic Resin
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028 finds
that the global acrylic resin market reached a
value of US 20.4 Billion in 2022. Acrylic
resin is a thermoplastic material that is derived
from acrylic acid, methacrylic acid, cyanoacrylic
acid, acrylonitrile, acrylamide, and low levels
of monomers. It offers various properties such as
good adhesion on a non-porous surface, excellent
gloss, enhanced finish and clarity, extended
storage stability, superior hardness, improved
flow and solubility, super weather ability and
high resistance to alkali. Nowadays, it is
available in the form of solvent-based systems
and aqueous emulsions, which are easily
customizable in the required natural color. As a
result, acrylic resin finds application in
automotive, paints and coatings, lighting
fixtures, adhesives, and textile
industries. Request Free Sample Report
https//www.imarcgroup.com/acrylic-resin-market/re
questsample
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Report Description and Highlights
Report Description

Global Acrylic Resin Market Trends The market
is primarily driven by the significant expansion
of the automotive industry as acrylic resin is
used to manufacture automotive interiors,
exterior panels, and instrument clusters. In
addition, the rising government interventions
regarding weight reduction in vehicles are also
increasing the demand for thermoplastics. This,
in turn, is contributing to the market growth.
Moreover, acrylic resin is extensively used as
decorative coatings and do-it-yourself coatings
in aircraft windshields, headlights, watch
crystals, optical lenses, cellular phones, PC
screens, lighting fixtures, piano keys, and floor
waxes. Besides this, due to rapid
industrialization and urbanization, there has
been a rise in construction spending where
acrylic resins based on methyl methacrylate (MMA)
are used in optical printed circuit boards of LED
screens. Furthermore, with the rising
environmental concerns, manufacturers are
developing bio-based or eco-friendly acrylic
resin, which is positively influencing the market
growth. Looking forward, the market value is
expected to reach US 27.5 Billion by 2028,
exhibiting a CAGR of 5.1 during the forecast
period (2023-2028). Looking forward, the market
value is projected to reach a strong growth
during the forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Type Water-
based Solvent-based Others Br
eakup by Application Paints and Coating
s Adhesives and Sealants Other
s Breakup by End User Automotive
Building and Construction Electroni
cs Packaging Others

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Report Description and Highlights
Report Description
Breakup by Region North America
United States Canada
Asia-Pacific China
Japan India
South Korea Austral
ia Indonesia O
thers Europe Germany
France United K
ingdom Italy S
pain Russia Ot
hers

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Report Description and Highlights
Report Description
Latin America Brazil
Mexico Others
Middle East and Africa


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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Arkema S.A BASF SE DIC Corporation Dow Inc. Konink
  lijke DSM N.V. Mitsubishi Chemical Corporation Mit
  sui Chemicals Inc NIPPON SHOKUBAI CO. LTD. Showa D
  enko Materials Co. Ltd. Solvay S.A. Sumitomo Chemi
  cal Co. Ltd.
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/acrylic-resin-market

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
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Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
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analysis and opinion have been based on
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