| Product Code: ETC5833506 | 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 |
Burkina Faso`s acrylic resins import market saw a notable shift in concentration levels from high to moderate in 2024, indicating a more diversified import landscape. The top exporting countries to Burkina Faso in 2024 include Tunisia, India, France, South Korea, and South Africa, highlighting a mix of suppliers from various regions. Despite a negative compound annual growth rate (CAGR) of -1.88% from 2020 to 2024, the market experienced a significant growth rate of 30.28% from 2023 to 2024, suggesting potential opportunities for further expansion and market development in the acrylic resins sector.

By 2027, Burkina Faso's Acrylic Resins market is forecasted to achieve a growing growth rate of 9.46%, with Egypt leading the Africa region, followed by South Africa, Ethiopia, Algeria and Nigeria.

The acrylic resins market in Burkina Faso is driven by the demand for versatile and durable materials used in paints, coatings, adhesives, and construction applications. Acrylic resins offer benefits such as high clarity, weather resistance, and ease of processing. However, challenges include fluctuating raw material prices and the need for quality control in production processes. The market`s growth is also influenced by the overall health of the construction and automotive industries, which are significant consumers of acrylic resins.
The acrylic resins market in Burkina Faso is driven by the expanding construction and automotive industries. Acrylic resins are widely used in coatings, adhesives, and sealants, which are essential in construction projects and automotive manufacturing, leading to increased demand.
The acrylic resins market in Burkina Faso faces challenges due to the high cost of raw materials, which makes locally produced resins less competitive compared to imports. The market is also impacted by fluctuations in global oil prices, which affect the production costs of acrylic resins. Moreover, the lack of local manufacturing facilities and the dependence on imports lead to longer supply chains and increased costs for end-users.
Government policies impacting the acrylic resins market in Burkina Faso are closely linked to industrial development and environmental regulations. Policies encouraging industrial growth and the use of high-performance materials boost demand for acrylic resins in various applications, including construction and manufacturing. Additionally, environmental regulations that promote the use of eco-friendly materials influence the market, as acrylic resins are often used in applications that require durability and aesthetic qualities.
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 Burkina Faso Acrylic Resins Market Overview |
3.1 Burkina Faso Country Macro Economic Indicators |
3.2 Burkina Faso Acrylic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Burkina Faso Acrylic Resins Market - Industry Life Cycle |
3.4 Burkina Faso Acrylic Resins Market - Porter's Five Forces |
3.5 Burkina Faso Acrylic Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Burkina Faso Acrylic Resins Market Revenues & Volume Share, By Property, 2021 & 2031F |
3.7 Burkina Faso Acrylic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Burkina Faso Acrylic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction industry leading to increased demand for acrylic resins in paints and coatings. |
4.2.2 Expansion of automotive sector driving the use of acrylic resins in vehicle coatings. |
4.2.3 Rising disposable income and urbanization contributing to higher demand for consumer goods using acrylic resins. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices affecting the production costs of acrylic resins. |
4.3.2 Lack of skilled labor and technical expertise for manufacturing high-quality acrylic resins. |
4.3.3 Environmental regulations and concerns impacting the use and disposal of acrylic resins. |
5 Burkina Faso Acrylic Resins Market Trends |
6 Burkina Faso Acrylic Resins Market Segmentations |
6.1 Burkina Faso Acrylic Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Burkina Faso Acrylic Resins Market Revenues & Volume, By Methacrylates, 2021-2031F |
6.1.3 Burkina Faso Acrylic Resins Market Revenues & Volume, By Acrylates, 2021-2031F |
6.1.4 Burkina Faso Acrylic Resins Market Revenues & Volume, By Hybrids, 2021-2031F |
6.2 Burkina Faso Acrylic Resins Market, By Property |
6.2.1 Overview and Analysis |
6.2.2 Burkina Faso Acrylic Resins Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.2.3 Burkina Faso Acrylic Resins Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.3 Burkina Faso Acrylic Resins Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Burkina Faso Acrylic Resins Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.3 Burkina Faso Acrylic Resins Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Burkina Faso Acrylic Resins Market Revenues & Volume, By Medical, 2021-2031F |
6.3.5 Burkina Faso Acrylic Resins Market Revenues & Volume, By Paper & Paperboard, 2021-2031F |
6.3.6 Burkina Faso Acrylic Resins Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.7 Burkina Faso Acrylic Resins Market Revenues & Volume, By Fibers & Adhesives, 2021-2031F |
7 Burkina Faso Acrylic Resins Market Import-Export Trade Statistics |
7.1 Burkina Faso Acrylic Resins Market Export to Major Countries |
7.2 Burkina Faso Acrylic Resins Market Imports from Major Countries |
8 Burkina Faso Acrylic Resins Market Key Performance Indicators |
8.1 Research and development investment in acrylic resin technology advancements. |
8.2 Percentage of market penetration in key industries like construction, automotive, and consumer goods. |
8.3 Rate of adoption of eco-friendly and sustainable acrylic resin alternatives. |
8.4 Number of partnerships and collaborations for market expansion and product innovation. |
8.5 Customer satisfaction and loyalty metrics for acrylic resin products. |
9 Burkina Faso Acrylic Resins Market - Opportunity Assessment |
9.1 Burkina Faso Acrylic Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Burkina Faso Acrylic Resins Market Opportunity Assessment, By Property, 2021 & 2031F |
9.3 Burkina Faso Acrylic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Burkina Faso Acrylic Resins Market - Competitive Landscape |
10.1 Burkina Faso Acrylic Resins Market Revenue Share, By Companies, 2024 |
10.2 Burkina Faso Acrylic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |