| Product Code: ETC5833491 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Antigua and Barbuda`s acrylic resins import market in 2024 continued to showcase a high concentration of imports from top countries such as the USA, Germany, Brazil, Barbados, and Italy. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 15.0%. This data underscores the continued significance of these key exporting countries in supplying acrylic resins to Antigua and Barbuda, indicating a stable market demand and potential for further growth in the future.

By 2027, the Acrylic Resins market in Antigua and Barbuda is anticipated to reach a growth rate of 2.48%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

The acrylic resins market in Antigua and Barbuda is expanding, driven by their versatile applications in coatings, adhesives, sealants, and plastics. These resins are favored for their durability, clarity, and weather resistance, making them suitable for various industries, including construction, automotive, and packaging. Environmental regulations promoting the use of low-VOC (volatile organic compounds) materials are also boosting the adoption of acrylic resins in eco-friendly products.
The acrylic resins market in Antigua and Barbuda is driven by the growing demand for durable and versatile materials in various applications, including coatings, adhesives, and sealants. The increasing construction and automotive activities are significant contributors to market growth. Additionally, the superior properties of acrylic resins, such as UV resistance, clarity, and weatherability, make them suitable for a wide range of industrial and consumer products. Technological advancements in resin formulations to enhance performance and sustainability are also driving market adoption.
The acrylic resins market in Antigua and Barbuda faces challenges related to limited local production and high import costs. The small scale of the market makes it difficult for local suppliers to achieve economies of scale, leading to higher prices for end consumers. Additionally, fluctuations in global oil prices, which impact raw material costs, can lead to price instability. Environmental regulations and the need for sustainable production methods also pose significant challenges for market participants.
The acrylic resins market in Antigua and Barbuda is influenced by government policies aimed at promoting industrial growth and environmental sustainability. Regulations encouraging the use of eco-friendly and durable materials in construction and manufacturing sectors are boosting the demand for acrylic resins. Import duty reductions for raw materials used in resin production are also beneficial to market growth.
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 Antigua and Barbuda Acrylic Resins Market Overview |
3.1 Antigua and Barbuda Country Macro Economic Indicators |
3.2 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Antigua and Barbuda Acrylic Resins Market - Industry Life Cycle |
3.4 Antigua and Barbuda Acrylic Resins Market - Porter's Five Forces |
3.5 Antigua and Barbuda Acrylic Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Antigua and Barbuda Acrylic Resins Market Revenues & Volume Share, By Property, 2021 & 2031F |
3.7 Antigua and Barbuda Acrylic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Antigua and Barbuda Acrylic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for acrylic resins in various industries such as construction, automotive, and packaging. |
4.2.2 Increasing government initiatives to promote the use of eco-friendly and sustainable materials. |
4.2.3 Rise in construction activities and infrastructure development projects in Antigua and Barbuda. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in acrylic resin production. |
4.3.2 Volatile economic conditions impacting consumer spending and investment in new projects. |
5 Antigua and Barbuda Acrylic Resins Market Trends |
6 Antigua and Barbuda Acrylic Resins Market Segmentations |
6.1 Antigua and Barbuda Acrylic Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Methacrylates, 2021-2031F |
6.1.3 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Acrylates, 2021-2031F |
6.1.4 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Hybrids, 2021-2031F |
6.2 Antigua and Barbuda Acrylic Resins Market, By Property |
6.2.1 Overview and Analysis |
6.2.2 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.2.3 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.3 Antigua and Barbuda Acrylic Resins Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.3 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Medical, 2021-2031F |
6.3.5 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Paper & Paperboard, 2021-2031F |
6.3.6 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.7 Antigua and Barbuda Acrylic Resins Market Revenues & Volume, By Fibers & Adhesives, 2021-2031F |
7 Antigua and Barbuda Acrylic Resins Market Import-Export Trade Statistics |
7.1 Antigua and Barbuda Acrylic Resins Market Export to Major Countries |
7.2 Antigua and Barbuda Acrylic Resins Market Imports from Major Countries |
8 Antigua and Barbuda Acrylic Resins Market Key Performance Indicators |
8.1 Percentage of market penetration of acrylic resins in key industries in Antigua and Barbuda. |
8.2 Rate of adoption of eco-friendly acrylic resin products. |
8.3 Number of new construction permits issued in Antigua and Barbuda. |
8.4 Percentage growth in the consumption of acrylic resins in the region. |
8.5 Innovation rate in acrylic resin products tailored for the local market needs. |
9 Antigua and Barbuda Acrylic Resins Market - Opportunity Assessment |
9.1 Antigua and Barbuda Acrylic Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Antigua and Barbuda Acrylic Resins Market Opportunity Assessment, By Property, 2021 & 2031F |
9.3 Antigua and Barbuda Acrylic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Antigua and Barbuda Acrylic Resins Market - Competitive Landscape |
10.1 Antigua and Barbuda Acrylic Resins Market Revenue Share, By Companies, 2024 |
10.2 Antigua and Barbuda Acrylic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |