| Product Code: ETC13234883 | 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 Resin Market was valued at USD 2.7 Billion in 2024 and is expected to reach USD 6.3 Billion by 2031, growing at a compound annual growth rate of 11.10% during the forecast period (2025-2031).
The global acrylic resin market is witnessing significant growth driven by the increasing demand from various end-use industries such as automotive, construction, and packaging. Acrylic resins are widely used in paints and coatings due to their excellent weatherability, chemical resistance, and durability properties. The market is also benefiting from the rising adoption of eco-friendly or water-based acrylic resins, driven by stringent environmental regulations. Asia-Pacific region, led by China and India, is a key market for acrylic resins due to rapid industrialization and urbanization. Key players in the global acrylic resin market include BASF SE, Arkema SA, DowDuPont, and Mitsubishi Chemical Corporation. Innovation in product development, strategic partnerships, and mergers and acquisitions are some of the key strategies adopted by companies to maintain their competitive edge in the market.
The Global Acrylic Resin Market is experiencing significant growth due to the increasing demand for sustainable and eco-friendly coatings in various industries such as construction, automotive, and packaging. Water-based acrylic resins are gaining popularity as they offer low volatile organic compound (VOC) emissions and improved performance characteristics. Additionally, the rising focus on UV-curable acrylic resins for high-performance coatings and adhesives is driving market growth. The market is also witnessing opportunities in the development of bio-based acrylic resins to meet the growing demand for environmentally friendly products. Key players are investing in research and development activities to innovate new products and expand their market presence, indicating a promising outlook for the Global Acrylic Resin Market.
The Global Acrylic Resin Market faces challenges such as fluctuating raw material prices, intense competition from other types of resins, and regulatory constraints related to environmental concerns and health impacts. The market is also influenced by factors like changing consumer preferences towards sustainable and eco-friendly products, which require innovation and investment in research and development. Additionally, the market is sensitive to economic fluctuations and global trade dynamics, which can impact demand and pricing. Overall, companies operating in the Global Acrylic Resin Market need to navigate these challenges by staying agile, focusing on product differentiation, and adapting to evolving market trends to maintain their competitive edge and profitability.
The Global Acrylic Resin Market is primarily driven by the increasing demand for acrylic resins in various end-use industries such as automotive, construction, and electronics due to their superior properties including high durability, weather resistance, and excellent adhesion. The growth of the construction industry, particularly in emerging economies, is fueling the demand for acrylic resins in applications such as paints, coatings, and adhesives. Additionally, the rising trend towards sustainable and eco-friendly products is leading to the development of bio-based acrylic resins, further driving market growth. Technological advancements, such as the development of water-based acrylic resins with reduced volatile organic compound (VOC) content, are also contributing to the expansion of the Global Acrylic Resin Market.
Government policies related to the Global Acrylic Resin Market primarily focus on environmental regulations, safety standards, and trade agreements. These policies aim to promote sustainable production practices, reduce emissions of harmful chemicals, and ensure product quality and safety. Additionally, government regulations such as REACH (Registration, Evaluation, Authorization and Restriction of Chemicals) in Europe and TSCA (Toxic Substances Control Act) in the United States impact the manufacturing and usage of acrylic resins. Trade agreements, such as the USMCA (United States-Mexico-Canada Agreement) and the EU-Japan Economic Partnership Agreement, also influence market dynamics by facilitating international trade and investment. Overall, government policies play a significant role in shaping the regulatory landscape and market opportunities for acrylic resin manufacturers globally.
The Global Acrylic Resin Market is expected to witness steady growth in the coming years, driven by the increasing demand from various end-use industries such as automotive, construction, and packaging. The market is projected to benefit from the rising preference for environmentally friendly and sustainable coatings and adhesives, as acrylic resins offer low VOC emissions and better durability compared to traditional alternatives. Additionally, the growing focus on infrastructure development and renovation projects globally is likely to fuel the demand for acrylic resins in construction applications. Technological advancements leading to the development of innovative acrylic resin formulations with enhanced properties such as UV resistance and thermal stability are anticipated to further propel market growth. However, challenges related to fluctuating raw material prices and stringent environmental regulations may hinder the market expansion to some extent.
In the global acrylic resin market, Asia is expected to witness significant growth due to rapid industrialization and construction activities in countries like China and India. North America and Europe are mature markets with steady demand driven by the automotive and construction sectors. The Middle East and Africa region is projected to experience growth driven by infrastructure development and increasing investments in the construction industry. Latin America is also anticipated to show promising growth due to rising demand from the automotive and packaging sectors. Overall, the global acrylic resin market is set to grow across all regions, with varying degrees of growth driven by factors such as industrialization, construction activities, and demand from key end-use industries.
Global Acrylic Resin 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 Resin Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Acrylic Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Global Acrylic Resin Market - Industry Life Cycle |
3.4 Global Acrylic Resin Market - Porter's Five Forces |
3.5 Global Acrylic Resin Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Acrylic Resin Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Global Acrylic Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Acrylic Resin Market Revenues & Volume Share, By End-User Industry, 2021 & 2031F |
4 Global Acrylic Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Acrylic Resin Market Trends |
6 Global Acrylic Resin Market, 2021 - 2031 |
6.1 Global Acrylic Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Acrylic Resin Market, Revenues & Volume, By Acrylates, 2021 - 2031 |
6.1.3 Global Acrylic Resin Market, Revenues & Volume, By Methacrylate, 2021 - 2031 |
6.1.4 Global Acrylic Resin Market, Revenues & Volume, By Hybrid, 2021 - 2031 |
6.1.5 Global Acrylic Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
6.1.6 Global Acrylic Resin Market, Revenues & Volume, By Adhesives and Sealants, 2021 - 2031 |
6.1.7 Global Acrylic Resin Market, Revenues & Volume, By Paints and Coatings, 2021 - 2031 |
6.2 Global Acrylic Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Acrylic Resin Market, Revenues & Volume, By Adhesives and Sealants, 2021 - 2031 |
6.2.3 Global Acrylic Resin Market, Revenues & Volume, By Paints and Coatings, 2021 - 2031 |
6.3 Global Acrylic Resin Market, Revenues & Volume, By End-User Industry, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Acrylic Resin Market, Revenues & Volume, By Building and Construction, 2021 - 2031 |
6.3.3 Global Acrylic Resin Market, Revenues & Volume, By Automotive, 2021 - 2031 |
6.3.4 Global Acrylic Resin Market, Revenues & Volume, By Plastics, 2021 - 2031 |
6.3.5 Global Acrylic Resin Market, Revenues & Volume, By Textile and Fibers, 2021 - 2031 |
6.3.6 Global Acrylic Resin Market, Revenues & Volume, By Paper and Paperboard, 2021 - 2031 |
6.3.7 Global Acrylic Resin Market, Revenues & Volume, By Electrical and Electronics, 2021 - 2031 |
7 North America Acrylic Resin Market, Overview & Analysis |
7.1 North America Acrylic Resin Market Revenues & Volume, 2021 - 2031 |
7.2 North America Acrylic Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Acrylic Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.4 North America Acrylic Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Acrylic Resin Market, Revenues & Volume, By End-User Industry, 2021 - 2031 |
8 Latin America (LATAM) Acrylic Resin Market, Overview & Analysis |
8.1 Latin America (LATAM) Acrylic Resin Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Acrylic Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Acrylic Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.4 Latin America (LATAM) Acrylic Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Acrylic Resin Market, Revenues & Volume, By End-User Industry, 2021 - 2031 |
9 Asia Acrylic Resin Market, Overview & Analysis |
9.1 Asia Acrylic Resin Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Acrylic Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Acrylic Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.4 Asia Acrylic Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Acrylic Resin Market, Revenues & Volume, By End-User Industry, 2021 - 2031 |
10 Africa Acrylic Resin Market, Overview & Analysis |
10.1 Africa Acrylic Resin Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Acrylic Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Acrylic Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.4 Africa Acrylic Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Acrylic Resin Market, Revenues & Volume, By End-User Industry, 2021 - 2031 |
11 Europe Acrylic Resin Market, Overview & Analysis |
11.1 Europe Acrylic Resin Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Acrylic Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Acrylic Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
11.4 Europe Acrylic Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Acrylic Resin Market, Revenues & Volume, By End-User Industry, 2021 - 2031 |
12 Middle East Acrylic Resin Market, Overview & Analysis |
12.1 Middle East Acrylic Resin Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Acrylic Resin Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Acrylic Resin Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Acrylic Resin Market, Revenues & Volume, By Product Type, 2021 - 2031 |
12.4 Middle East Acrylic Resin Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Acrylic Resin Market, Revenues & Volume, By End-User Industry, 2021 - 2031 |
13 Global Acrylic Resin Market Key Performance Indicators |
14 Global Acrylic Resin Market - Export/Import By Countries Assessment |
15 Global Acrylic Resin Market - Opportunity Assessment |
15.1 Global Acrylic Resin Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Acrylic Resin Market Opportunity Assessment, By Product Type, 2021 & 2031F |
15.3 Global Acrylic Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Acrylic Resin Market Opportunity Assessment, By End-User Industry, 2021 & 2031F |
16 Global Acrylic Resin Market - Competitive Landscape |
16.1 Global Acrylic Resin Market Revenue Share, By Companies, 2024 |
16.2 Global Acrylic Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |