Global Acrylic Emulsions Market Is SetFor Rapid GrowthAnd Is Expected To Reach USD 10.72BillionBy 2024

05-Nov-2018 | Zion Market Research

Zion Market Research has published a new report titled “Acrylic Emulsions Market – by Type (Pure Acrylic, Polymer & Copolymer) and by Application (Paper Coating, Construction Additives, Paints & Coatings, Adhesives & Sealant, and Others): Global Industry Perspective, Comprehensive Analysis, andForecast, 2017 – 2024.”According to the report, the global demand for acrylic emulsionswas valued atUSD 6.3billionin 2017 and is expected to reach USD 10.72billionby the end of2024, growing at a CAGR of 7.9% between 2018 and 2024.

Acrylic resins are clusters of thermoplastic elements obtained from methacrylic acid andacrylic acid,among other related composites.Acrylic polymers are commonly called acrylics, and acrylic emulsions are also being recognized as most durable for exterior uses. Acrylic emulsions are being progressively utilized in building materials, industrial coatings, painting and commercial applications in construction and automotive industries. Both water-based and solvent-based emulsions are being used across varied applications. 

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Acrylic emulsions areversatile, flexible, and have low volatile emissions. These propertiesmake them suitable for building, paints, andtextilesectors. Theincreasing demand for paints and coatings applications for acrylic emulsionsis expected to drive the growth of the acrylic emulsions market globally. Strong growth from the paint and coatingsindustry across the globe is further expected to be the prime driver for the expansion of the acrylic emulsions market. 


Higher raw material accessibility is further expected to fuelthis market’s growth. The highraw material prices, the shift within the application market from developed to emerging countries,and increasing cost of production might hamper the growth of this marketin the forecast years. Manufacturing companies are focusing on making innovative products that are likelyto open newopportunities for theacrylic emulsions market. 

Bytype, the acrylic emulsionsmarket includes pure acrylicand polymerandcopolymer. The polymer andcopolymersegment isanticipated to grow at the highest CAGR in the upcoming years.Polymer andcopolymer acrylic emulsions aremore preferable in the manufacturing of water-based and solvent-based emulsions for varied applications. In 2017, the polymer andcopolymer segment type accounted for more than half of the totalshare in the acrylic emulsions market. The paint and coatings segment held the largest application share of the market in 2017. It accounted for more than 27%of the market sharein 2017, as the acrylic emulsionshave different mechanical properties,such ashigh durability and weathering resistance. Furthermore, increasingdemand for acrylic emulsionsin the paper industryis expected to propel this market’s growthin the upcoming years.

North America was the leading market foracrylic emulsions andheld around 37% market share in 2017. Furthermore, in 2017, the Europeanregion was the second largest market for acrylic emulsions,with around 27% share followed by the Asia Pacificwhich held around 18% market share.TheAsia Pacific region is further predicted to be the fastest growing market for acrylic emulsions in the near future as well. The Middle EasternandAfrican and Latin American markets for acrylic emulsions are supported by government rules and environmental factors. Brazil and South Africa are emerging markets for acrylic emulsionsin the upcoming years.

Some major players of the global acrylic emulsionsmarket are Ashland, Synthomer Plc., H.B. Fuller, Celanese Corporation, Lubrizol Corporation, The Dow Chemical Company,BASF SE, Astra Chem Tech Private Limited, and Kamsons Chemical Pvt. Ltd.,among others.
This report segments the global acrylic emulsions marketas follows:

Global Acrylic Emulsions Market: TypeAnalysis

  • Pure Acrylic 
  • Polymer & Copolymer

Global Acrylic Emulsions Market: Application Analysis

  • Paper Coating 
  • Construction Additives
  • Paints & Coatings
  • Adhesives & Sealant 
  • Others

Global Acrylic Emulsions Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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