Acrylic Resin Market Key Players Analysis, and Growth Forecast by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Acrylic Resin Market covers analysis by Type (Methacrylates, Acrylates, Hybrids); Property (Thermoplastic, Thermosetting); Application (Paints and Coatings, Construction, Industrial and Commercial, Paper and Paperboard, Textiles and Fibers and Adhesives, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00012102
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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The Acrylic Resin Market is expected to register a CAGR of 5% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The acrylic resins market report is segmented by chemistry (acrylates, methacrylates, and others). The market is segmented based on the type (solvent-based, water-based, and others). The market is segmented based on the end-use industry (building and construction, industrial, paper and paperboard, consumer goods, electronics, packaging, and others). The global analysis is further broken down at the regional level and major countries. The market size and forecast at global, regional, and country levels for all the key market segments are covered under the scope. The report offers the value in USD for the above analysis, segments, regions, and countries. The report covers market trends, as well as market dynamics such as drivers, restraints, and key opportunities. The report also covers industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the market.

Purpose of the Report

The report Acrylic Resin Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Acrylic Resin Market Segmentation

Chemistry

  • Acrylates
  • Methacrylates

Type

  • Solvent-Based
  • Water-Based

End-Use Industry

  • Building and Construction
  • Industrial
  • Paper and Paperboard
  • Consumer Goods
  • Electronics
  • Packaging

Geography

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

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Acrylic Resin Market: Strategic Insights

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Acrylic Resin Market Growth Drivers

  • Rising Demand for Acrylic Resins: The acrylic resins are widely used in the fabrication of coatings owing to their superior durability, resistance to UV rays and gloss maintenance. In particular, the construction and automobile sectors are the key markets for acrylic coatings as these coatings exhibit very high performance range for outdoor applications. As construction activities rise around the world and car makers look for perfect surfaces, there will be significant change towards the demand for acrylic resins.
  • Shift Towards Sustainable Acrylic Resins: Several sectors are becoming increasingly sustainable, which translates to a higher need for sustainable raw materials. As a result, acrylic resins, in particular water-based formulations, are taking center stage in place of solvent-based systems due to their lower VOC content. This change not only meets the legal standards and customer tendencies that prefer green products, but it also encourages the growth of the industry.
  • Versatile Applications of Acrylic Resins: Acrylic resins have a potential range of applications both in the industry and in daily activities, including adhesives and sealants, paints, plastic, and others. They are weather-resistant, and resistant to chemicals.

Acrylic Resin Market Future Trends

  • Increasing Demand from Environmental-Friendly Solutions: The pressure of sustainability is prompting more and more industries towards sustainable solutions. Low VOCs and water-based acrylic resins are gaining significance compared to solvent-based variants in the construction, automobile, and paints and coatings segments, which are driven not just by regulatory pressures and consumers' preference for environment-friendly solutions.
  • Advancements in Technology: Continuous innovation in polymer chemistry and processing technologies continues to improve the performance of acrylic resins. New developments in adhesive, flexibility, and durability properties open up opportunities to cater to niche markets, such as medical coatings, electronics, and high-performance automotive applications.
  • Expanding application in emerging markets: Asia-Pacific, Latin America, and Africa, with fast industrialization and urbanization, create large demand for acrylic resins in the construction, automotive, and coatings sectors. Companies can take advantage of the early entry into such markets as demand for quality, low-cost materials rises.

Acrylic Resin Market Opportunities

  • Growth in Emerging Markets: Growth and active developments in the APAC, LATAM, and African regions augment the process of industrialization and urbanization. This is highly favorable for acrylic resin manufacturers as it provides them with new markets. With more infrastructure projects and increased consumer expenditure, there will be a corresponding increase in the demand for quality coatings, adhesives and other applications aspects, thereby creating an opportunity for new entrants and expansion of the current players in the market.
  • Collaborative Innovation in Acrylic Resins: Joint actions of acrylic resin producers with end-user industries generally encourage opportunities for innovation and product development. It allows manufacturers to adjust their resins to the automotive, construction, consumer goods, and other sectors of interest, thus increasing the characteristics and performance of materials, as well as their functional purposes. This joint activity may give rise to a new generation of products which will be different from and more advanced than those offered at present.
  • Sustainability-Driven Innovation in Acrylic Resins: The global trends toward sustainability give acrylic resin manufacturers the chance to develop recycling processes. For example, companies may develop ways to create acrylic resin from waste resin. This creates a positive customer perception of the brand, and it also targets green customers, making these companies more competitive on sustainability issues.

Acrylic Resin Market Regional Insights

The regional trends and factors influencing the Acrylic Resin Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Acrylic Resin Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

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Acrylic Resin Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 5%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Chemistry
  • Acrylates
  • Methacrylates
By Type
  • Solvent-Based
  • Water-Based
By End-Use Industry
  • Building and Construction
  • Industrial
  • Paper and Paperboard
  • Consumer Goods
  • Electronics
  • Packaging
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Air Products and Chemicals, Inc.
  • Arkema S.A.
  • BASF SE
  • Dic Corporation
  • Dow Chemical Co.
  • Formosa Plastics Corporation
  • Hitachi Chemical Co., Ltd.
  • Mitsubishi Chemical Holdings Corporation
  • Momentive Specialty Chemicals Inc.

  • Acrylic Resin Market Players Density: Understanding Its Impact on Business Dynamics

    The Acrylic Resin Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Acrylic Resin Market are:

    1. Air Products and Chemicals, Inc.
    2. Arkema S.A.
    3. BASF SE
    4. Dic Corporation
    5. Dow Chemical Co.

    Disclaimer: The companies listed above are not ranked in any particular order.


    acrylic-resin-market-speedometer

    • Get the Acrylic Resin Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Acrylic Resin Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Acrylic Resin Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
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    acrylic-resin-market-report-deliverables-img2
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What is the future trend for acrylic resins market?

    Increased focus on sustainable products is expected to be the key market trends.

    Based on geography, which region held the largest share of the acrylic resins market?

    Based on geography, Asia Pacific held the largest share of the acrylic resins market due to its rapidly growing building and construction industry.

    Which is the fastest growing segment based on type?

    Based on type, the water-based segment is expected to witness the fastest growth during the forecast period

    What are the key players operating in the acrylic resins market?

    BASF SE, ARKEMA, DOW, Mitsubishi Chemical Holdings Corporation, Mitsui Chemicals Europe GmbH, DSM, DIC CORPORATION, Sumitomo Chemical Co Ltd, NIPPON SHOKUBAI EUROPE N.V., and Helios Group are the key players operating in the acrylic resins market.

    What are the driving factors impacting the acrylic resins market ?

    Increasing demand from the coatings industry is driving the market growth.

    What is the expected CAGR of the Acrylic Resin Market?

    The Acrylic Resin Market is estimated to witness a CAGR of 5% from 2023 to 2031

    Trends and growth analysis reports related to Chemicals and Materials : READ MORE..   

    The List of Companies

    1. Air Products and Chemicals, Inc.
    2. Arkema S.A.
    3. BASF SE
    4. Dic Corporation
    5. Dow Chemical Co.
    6. Formosa Plastics Corporation
    7. Hitachi Chemical Co., Ltd.
    8. Mitsubishi Chemical Holdings Corporation
    9. Momentive Specialty Chemicals Inc.
    10. Nippon Shokubai Co., Ltd.
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