Product Code: ETC13402245 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Acrylic Resins Market was valued at USD 21.6 Billion in 2024 and is expected to reach USD 31.2 Billion by 2031, growing at a compound annual growth rate of 6.20% during the forecast period (2025-2031).
The Global Acrylic Resins Market is experiencing steady growth driven by increasing demand from various end-use industries such as automotive, construction, and electronics. Acrylic resins are widely used in paints and coatings due to their excellent durability, weather resistance, and gloss retention properties. The market is also propelled by the rising popularity of eco-friendly water-based acrylic resins, driven by stringent environmental regulations. North America and Asia-Pacific regions are significant contributors to the market, with key players focusing on product innovation, strategic partnerships, and mergers to gain a competitive edge. The market is expected to witness continued growth as acrylic resins find applications in diverse sectors such as packaging, textiles, and adhesives, offering opportunities for market expansion and technological advancements.
The Global Acrylic Resins Market is witnessing a growing demand due to their versatile applications in various industries such as automotive, construction, and packaging. One of the key trends in the market is the increasing focus on sustainable and eco-friendly acrylic resins to meet the growing environmental regulations. Additionally, the rising demand for water-based acrylic resins is driving market growth as they offer lower VOC emissions and improved performance. Opportunities in the market include the development of bio-based acrylic resins to cater to the growing demand for sustainable products, as well as the expansion of acrylic resin applications in the healthcare and electronics sectors. Overall, the Global Acrylic Resins Market is poised for steady growth driven by innovation and increasing demand for environmentally friendly solutions.
In the Global Acrylic Resins Market, some key challenges include intense competition among key players, fluctuating raw material prices, and environmental concerns related to the use of certain acrylic resins. Intense competition often leads to price wars and margin pressures, impacting profitability for manufacturers. Fluctuating raw material prices, particularly for monomers like ethylene and propylene, can disrupt supply chains and affect production costs. Additionally, environmental regulations and consumer preferences for eco-friendly products are driving the need for more sustainable acrylic resin formulations, putting pressure on companies to innovate and adapt. To stay competitive, companies in the acrylic resins market need to focus on product differentiation, cost efficiency, and sustainability initiatives while navigating these challenges.
The Global Acrylic Resins Market is primarily driven by the increasing demand from end-use industries such as automotive, construction, and packaging due to their superior properties such as durability, weather resistance, and flexibility. The growing construction activities, particularly in emerging economies, is fueling the demand for acrylic resins in paints and coatings for architectural applications. Additionally, the rising automotive production and the trend towards lightweight vehicles are boosting the use of acrylic resins in automotive coatings. The shift towards sustainable and eco-friendly products is also driving the market, as acrylic resins are known for their low volatile organic compound (VOC) emissions and recyclability. Overall, the market is expected to continue growing due to these factors driving demand across various industries.
Government policies related to the Global Acrylic Resins Market vary by country and region, but generally focus on environmental regulations, product quality standards, and trade tariffs. In the United States, for example, the Environmental Protection Agency (EPA) regulates the use of acrylic resins to ensure compliance with air and water quality standards. In the European Union, the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) regulation oversees the safe use of chemicals, including acrylic resins. In addition, trade policies such as tariffs and import/export regulations can impact the global market for acrylic resins by influencing pricing and market access. Overall, government policies play a significant role in shaping the regulatory environment for acrylic resins and can impact market dynamics and growth opportunities.
The Global Acrylic Resins Market is poised for steady growth in the coming years, driven by increasing demand from various end-use industries such as automotive, construction, and packaging. The market is expected to benefit from the rising popularity of waterborne acrylic resins due to their eco-friendly nature and regulatory restrictions on volatile organic compounds. Additionally, advancements in technology leading to the development of high-performance acrylic resins with enhanced properties such as durability, weather resistance, and chemical resistance are anticipated to further drive market growth. However, challenges related to fluctuating raw material prices and competition from alternative resins may pose some hindrance to market expansion. Overall, the market is projected to witness healthy growth opportunities, especially in regions like Asia Pacific and North America, where industrialization and infrastructure development are on the rise.
The global acrylic resins market is witnessing significant growth across regions. In Asia, particularly in China and India, rapid industrialization and urbanization are driving the demand for acrylic resins in various applications such as paints and coatings, adhesives, and construction. North America is experiencing a surge in demand for environmentally friendly and sustainable acrylic resins in industries like automotive, construction, and electronics. In Europe, stringent regulations promoting the use of eco-friendly materials are boosting the adoption of acrylic resins in packaging, automotive, and construction sectors. The Middle East and Africa region is witnessing growth in the construction sector, driving the demand for acrylic resins in waterproofing and protective coatings. In Latin America, increasing investments in infrastructure development and automotive production are fueling the demand for acrylic resins in the region.
Global Acrylic Resins Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Acrylic Resins Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Acrylic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Global Acrylic Resins Market - Industry Life Cycle |
3.4 Global Acrylic Resins Market - Porter's Five Forces |
3.5 Global Acrylic Resins Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Acrylic Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Acrylic Resins Market Revenues & Volume Share, By Property, 2021 & 2031F |
3.8 Global Acrylic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Acrylic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Acrylic Resins Market Trends |
6 Global Acrylic Resins Market, 2021 - 2031 |
6.1 Global Acrylic Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Acrylic Resins Market, Revenues & Volume, By Methacrylates, 2021 - 2031 |
6.1.3 Global Acrylic Resins Market, Revenues & Volume, By Acrylates, 2021 - 2031 |
6.1.4 Global Acrylic Resins Market, Revenues & Volume, By Hybrids, 2021 - 2031 |
6.2 Global Acrylic Resins Market, Revenues & Volume, By Property, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Acrylic Resins Market, Revenues & Volume, By Thermoplastic, 2021 - 2031 |
6.2.3 Global Acrylic Resins Market, Revenues & Volume, By Thermosetting, 2021 - 2031 |
6.3 Global Acrylic Resins Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Acrylic Resins Market, Revenues & Volume, By Paints & Coatings, 2021 - 2031 |
6.3.3 Global Acrylic Resins Market, Revenues & Volume, By Construction, 2021 - 2031 |
6.3.4 Global Acrylic Resins Market, Revenues & Volume, By Medical, 2021 - 2031 |
6.3.5 Global Acrylic Resins Market, Revenues & Volume, By Paper & Paperboard, 2021 - 2031 |
6.3.6 Global Acrylic Resins Market, Revenues & Volume, By Textiles, 2021 - 2031 |
6.3.7 Global Acrylic Resins Market, Revenues & Volume, By Fibers & Adhesives, 2021 - 2031 |
7 North America Acrylic Resins Market, Overview & Analysis |
7.1 North America Acrylic Resins Market Revenues & Volume, 2021 - 2031 |
7.2 North America Acrylic Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Acrylic Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Acrylic Resins Market, Revenues & Volume, By Property, 2021 - 2031 |
7.5 North America Acrylic Resins Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Acrylic Resins Market, Overview & Analysis |
8.1 Latin America (LATAM) Acrylic Resins Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Acrylic Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Acrylic Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Acrylic Resins Market, Revenues & Volume, By Property, 2021 - 2031 |
8.5 Latin America (LATAM) Acrylic Resins Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Acrylic Resins Market, Overview & Analysis |
9.1 Asia Acrylic Resins Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Acrylic Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Acrylic Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Acrylic Resins Market, Revenues & Volume, By Property, 2021 - 2031 |
9.5 Asia Acrylic Resins Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Acrylic Resins Market, Overview & Analysis |
10.1 Africa Acrylic Resins Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Acrylic Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Acrylic Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Acrylic Resins Market, Revenues & Volume, By Property, 2021 - 2031 |
10.5 Africa Acrylic Resins Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Acrylic Resins Market, Overview & Analysis |
11.1 Europe Acrylic Resins Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Acrylic Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Acrylic Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Acrylic Resins Market, Revenues & Volume, By Property, 2021 - 2031 |
11.5 Europe Acrylic Resins Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Acrylic Resins Market, Overview & Analysis |
12.1 Middle East Acrylic Resins Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Acrylic Resins Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Acrylic Resins Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Acrylic Resins Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Acrylic Resins Market, Revenues & Volume, By Property, 2021 - 2031 |
12.5 Middle East Acrylic Resins Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Acrylic Resins Market Key Performance Indicators |
14 Global Acrylic Resins Market - Export/Import By Countries Assessment |
15 Global Acrylic Resins Market - Opportunity Assessment |
15.1 Global Acrylic Resins Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Acrylic Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Acrylic Resins Market Opportunity Assessment, By Property, 2021 & 2031F |
15.4 Global Acrylic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Acrylic Resins Market - Competitive Landscape |
16.1 Global Acrylic Resins Market Revenue Share, By Companies, 2024 |
16.2 Global Acrylic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |