Global Demand for Acrylic Emulsions was valued at USD 6.3 billion in 2017 and is expected to reach USD 10.72 billion by the end of 2024, growing at a CAGR of 7.9% between 2018 and 2024.
The report of acrylic emulsions market provides a comprehensive glance at global and regional levels. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based revenue and volume. The study includes major driving forces and restraints for the acrylic emulsions market along with the impact they have on the demand over the forecast period. Furthermore, the study also provides the major avenues of global acrylic emulsions market.
The global acrylic emulsions market study also comprises the detailed value chain analysis for providing a comprehensive view of the market. Moreover, the study also includes Porter’s Five Forces model for acrylic emulsions, to understand the competitive landscape of the global market. The study includes a market attractiveness analysis of all the segments related to the market.
The study provides a significant view of the global acrylic emulsions market by classifying it into type, application, and region segments. These segments have been estimated and forecasted with the future and past trends. Based on the type, the global acrylic emulsions market is mainly divided into pure acrylic and polymer and copolymer. Based on applications, the global acrylic emulsions market is mainly segmented into paper coating, construction additives, paints & coatings, adhesives and sealant, and others. The regional segmentation includes North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Furthermore, it is divided into major countries, such as the U.S., India, Germany, France, UK, China, Japan, and Brazil.
Major vendors of the global acrylic emulsions market include 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 market as follows:
Global Acrylic Emulsions Market: Type Analysis
Global Acrylic Emulsions Market: Application Analysis
Global Acrylic Emulsions Market: Regional Analysis
Acrylic resins are clusters of thermoplastic elements obtained from methacrylic acid and acrylic acid, among other related composites. Acrylic polymers are commonly called acrylics, and acrylic emulsions are also being recognized as most durable for exterior uses. The acrylic emulsions are vital tools for graphic arts and industrial coating. Acrylic emulsions have abroad range of applications, such as paper coating, construction additives, paints and coatings, and adhesives and sealants, among others.
The global acrylic emulsions market is experiencing a significant rate of growth, which is expected to continue in the upcoming years. The growing demand for paints from emerging economies is likely to act as the key driver for this market’s growth. There is increased usage of acrylic emulsions for paper coating, construction additives, paints and coatings, and adhesives and sealant industries across different regions. Acrylic emulsions have different properties, which includes enhancing visual appearance and performance and improving the processability of the end products.
The increased demand for acrylic emulsions paints and coatings industry segment is further anticipated to drive the growth of the global acrylic emulsions market in the forecast timeframe. Growing economies, infrastructural developments, increasing usage of acrylic emulsion across numerous end-user industries, and rising demand for construction additives are among other key factors fuelling the expansion of the global acrylic emulsions market. Government rules and regulations related to VOC content in emulsions also contributing toward the market growth of acrylic emulsions. However, the rising popularity of polyurethane dispersions across coating applications might be a restraining factor in the growth of the global acrylic emulsions market in the forecast timeframe. Nonetheless, it is product innovations and emerging markets in the Asia Pacific region that are probably expected to open new avenues for the major market players in the upcoming years.
By type, the acrylic emulsions market is classified into pure acrylic and polymer and copolymer. The polymer and copolymer segment accounted for a major market share in 2017. By applications, the acrylic emulsions market is categorized into paper coating, construction additives, paints and coatings, adhesives and sealants, and others. The paints and coatings were the leading end-user industry of the global acrylic emulsions market in 2017.
Based on geography, the global acrylic emulsions market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2017, North America was estimated to be the biggest market for acrylic emulsions. This growth was mainly due to the rising demand for coating applications, particularly in interior and furniture coating segment. The Asia Pacific region is anticipated to be the fastest growing market of acrylic emulsions the future, owing to the increasing demand from paper coatings, paints and coatings, and construction additives. The Asia Pacific was followed by North America and Europe in 2017. The market growth rates in North America and Europe are expected to stay higher during the forecast period as well.
The major players of the global acrylic emulsions market include 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.
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