| Product Code: ETC5833572 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The New Zealand acrylic resins import market in 2024 saw a significant increase in shipment volumes, with top exporters being Australia, China, Taiwan, Germany, and the USA. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), shifted from high to moderate in 2024, indicating a more balanced market landscape. The compound annual growth rate (CAGR) for the period 2020-2024 stood at a healthy 7.44%, while the growth rate from 2023 to 2024 spiked at an impressive 28.64%, reflecting strong demand and market dynamics driving the acrylic resins import industry in New Zealand.

By 2027, the Acrylic Resins market in New Zealand is anticipated to reach a growth rate of 0.00%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

The New Zealand acrylic resins market finds application across diverse industries, including paints and coatings, adhesives, and construction materials. Offering versatility, durability, and weather resistance, acrylic resins are preferred for various manufacturing and architectural purposes. As sustainability and performance remain key considerations, this market continues to evolve with innovative product offerings and applications.
The New Zealand acrylic resins market is experiencing steady growth driven by their widespread applications in paints and coatings, adhesives, sealants, and construction materials. Acrylic resins offer excellent weatherability, chemical resistance, and durability, making them suitable for various indoor and outdoor applications. The market is characterized by the presence of both domestic and international manufacturers offering a wide range of acrylic resins catering to the diverse needs of end-users in different industries.
The acrylic resins market in New Zealand is hampered by the volatility of raw material prices, which affects production costs and pricing strategies. Environmental regulations concerning the use of certain chemicals in resin production add to the complexity and cost of compliance. Additionally, competition from alternative resins and materials that offer similar properties at lower costs poses a significant challenge.
The government`s focus on sustainable and eco-friendly materials has influenced the acrylic resins market. Policies promoting the use of recyclable and environmentally friendly materials in construction and manufacturing are key factors driving this 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 New Zealand Acrylic Resins Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Acrylic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Acrylic Resins Market - Industry Life Cycle |
3.4 New Zealand Acrylic Resins Market - Porter's Five Forces |
3.5 New Zealand Acrylic Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 New Zealand Acrylic Resins Market Revenues & Volume Share, By Property, 2021 & 2031F |
3.7 New Zealand Acrylic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 New Zealand Acrylic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure development projects driving demand for acrylic resins in New Zealand. |
4.2.2 Increasing use of acrylic resins in automotive and industrial coatings due to their superior properties. |
4.2.3 Rising focus on sustainability and environmentally friendly products leading to a shift towards water-based acrylic resins. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of acrylic resins. |
4.3.2 Intense competition from alternative resin types such as epoxy and polyurethane. |
4.3.3 Stringent environmental regulations affecting the manufacturing and usage of acrylic resins. |
5 New Zealand Acrylic Resins Market Trends |
6 New Zealand Acrylic Resins Market Segmentations |
6.1 New Zealand Acrylic Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Acrylic Resins Market Revenues & Volume, By Methacrylates, 2021-2031F |
6.1.3 New Zealand Acrylic Resins Market Revenues & Volume, By Acrylates, 2021-2031F |
6.1.4 New Zealand Acrylic Resins Market Revenues & Volume, By Hybrids, 2021-2031F |
6.2 New Zealand Acrylic Resins Market, By Property |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Acrylic Resins Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.2.3 New Zealand Acrylic Resins Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.3 New Zealand Acrylic Resins Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Acrylic Resins Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.3 New Zealand Acrylic Resins Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 New Zealand Acrylic Resins Market Revenues & Volume, By Medical, 2021-2031F |
6.3.5 New Zealand Acrylic Resins Market Revenues & Volume, By Paper & Paperboard, 2021-2031F |
6.3.6 New Zealand Acrylic Resins Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.7 New Zealand Acrylic Resins Market Revenues & Volume, By Fibers & Adhesives, 2021-2031F |
7 New Zealand Acrylic Resins Market Import-Export Trade Statistics |
7.1 New Zealand Acrylic Resins Market Export to Major Countries |
7.2 New Zealand Acrylic Resins Market Imports from Major Countries |
8 New Zealand Acrylic Resins Market Key Performance Indicators |
8.1 Research and development investment in innovative acrylic resin formulations. |
8.2 Adoption rate of acrylic resins in new application areas. |
8.3 Environmental certifications and compliance levels for acrylic resin manufacturers. |
8.4 Market demand for specialized acrylic resin products. |
8.5 Percentage of market growth attributed to technological advancements in acrylic resin production. |
9 New Zealand Acrylic Resins Market - Opportunity Assessment |
9.1 New Zealand Acrylic Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 New Zealand Acrylic Resins Market Opportunity Assessment, By Property, 2021 & 2031F |
9.3 New Zealand Acrylic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 New Zealand Acrylic Resins Market - Competitive Landscape |
10.1 New Zealand Acrylic Resins Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Acrylic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |