| Product Code: ETC5833576 | 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 |
In 2024, Norway continued to import acrylic resins predominantly from neighboring countries such as Sweden, Metropolitan France, and Germany. The moderate concentration level indicated by the Herfindahl-Hirschman Index (HHI) suggests a competitive market landscape. However, the negative Compound Annual Growth Rate (CAGR) of -1.76% from 2020 to 2024, along with a decline in growth rate of -7.33% from 2023 to 2024, indicates challenges in the market. Norway may need to closely monitor these trends and explore strategies to stimulate demand for acrylic resins in the coming years.

The Acrylic Resins market in Norway is projected to grow at a stable growth rate of 0.08% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

The acrylic resins market in Norway is expanding, driven by their versatility and applications in various industries including coatings, adhesives, and construction. Acrylic resins are valued for their durability, clarity, and resistance to weathering. The market is influenced by trends in the construction sector, automotive industry, and increasing demand for high-performance coatings.
The Acrylic Resins Market in Norway is driven by the growing applications in coatings, adhesives, and paints industries. Increasing construction activities and the automotive sectors preference for durable and flexible coating materials are boosting demand. Additionally, the shift toward water-based acrylic resins, due to environmental concerns, is further influencing market growth.
The Norway Acrylic Resins Market faces challenges such as fluctuating raw material prices, which can impact the cost and availability of acrylic resins. Environmental regulations and the need for sustainable production practices also pose challenges, as manufacturers must invest in green technologies and processes. Additionally, the market is competitive, with numerous players vying for market share, leading to pricing pressures.
Norwegian environmental policies influence the acrylic resins market, with the government encouraging the use of sustainable and eco-friendly materials in the construction and automotive industries. Regulations favor low-VOC and recyclable materials, impacting resin production.
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 Norway Acrylic Resins Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Acrylic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Acrylic Resins Market - Industry Life Cycle |
3.4 Norway Acrylic Resins Market - Porter's Five Forces |
3.5 Norway Acrylic Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Norway Acrylic Resins Market Revenues & Volume Share, By Property, 2021 & 2031F |
3.7 Norway Acrylic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Norway Acrylic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for environmentally friendly and sustainable products in Norway |
4.2.2 Growth in end-use industries such as construction, automotive, and packaging |
4.2.3 Technological advancements leading to improved performance and applications of acrylic resins |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from alternative materials like polyurethane and epoxy resins |
4.3.3 Stringent regulations regarding VOC emissions and environmental impact |
5 Norway Acrylic Resins Market Trends |
6 Norway Acrylic Resins Market Segmentations |
6.1 Norway Acrylic Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Norway Acrylic Resins Market Revenues & Volume, By Methacrylates, 2021-2031F |
6.1.3 Norway Acrylic Resins Market Revenues & Volume, By Acrylates, 2021-2031F |
6.1.4 Norway Acrylic Resins Market Revenues & Volume, By Hybrids, 2021-2031F |
6.2 Norway Acrylic Resins Market, By Property |
6.2.1 Overview and Analysis |
6.2.2 Norway Acrylic Resins Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.2.3 Norway Acrylic Resins Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.3 Norway Acrylic Resins Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Norway Acrylic Resins Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.3 Norway Acrylic Resins Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Norway Acrylic Resins Market Revenues & Volume, By Medical, 2021-2031F |
6.3.5 Norway Acrylic Resins Market Revenues & Volume, By Paper & Paperboard, 2021-2031F |
6.3.6 Norway Acrylic Resins Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.7 Norway Acrylic Resins Market Revenues & Volume, By Fibers & Adhesives, 2021-2031F |
7 Norway Acrylic Resins Market Import-Export Trade Statistics |
7.1 Norway Acrylic Resins Market Export to Major Countries |
7.2 Norway Acrylic Resins Market Imports from Major Countries |
8 Norway Acrylic Resins Market Key Performance Indicators |
8.1 Research and development investment in eco-friendly acrylic resin formulations |
8.2 Adoption rate of acrylic resins in key industries |
8.3 Number of patents filed for innovative acrylic resin technologies |
8.4 Percentage of market share held by acrylic resins in specific applications |
8.5 Customer satisfaction and loyalty metrics specific to acrylic resin products |
9 Norway Acrylic Resins Market - Opportunity Assessment |
9.1 Norway Acrylic Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Norway Acrylic Resins Market Opportunity Assessment, By Property, 2021 & 2031F |
9.3 Norway Acrylic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Norway Acrylic Resins Market - Competitive Landscape |
10.1 Norway Acrylic Resins Market Revenue Share, By Companies, 2024 |
10.2 Norway Acrylic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |