Acrylic Surface Coating Market Size Report, Share, Industry Analysis, Growth, 2032
Acrylic Surface Coating Market By Substrate Type (Concrete, Metal, Plastic, And Wood), By Technology (Water-Borne, Solvent-Borne, And Powder), And By End-User (Building & Construction, Automotive, Aerospace & Defense, Industrial, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 18.64 Billion | USD 29.54 Billion | 5.25% | 2023 |
Acrylic Surface Coating Industry Prospective:
The global acrylic surface coating market size was worth around USD 18.64 Billion in 2023 and is predicted to grow to around USD 29.54 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.25% between 2024 and 2032.
The report analyzes the global acrylic surface coating market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the acrylic surface coating industry.
The acrylic coating is a quick-drying paint composed of several pigments that are acrylic polymer emulsion suspended. This coating is made of acrylic or methacrylic polymer that has better color retention properties. Acrylic surface coatings in dry conditions are water-resistant in nature and have important features, such as increased hardness in their surfaces and good elastomeric finish in the building's surface. Acrylic coatings are commonly used to cover a surface with various substrates.
Acrylic Surface Coating Market: Growth Factors
The global acrylic surface coating market is expected to grow rapidly in the upcoming years, owing to the growing acrylic surface coating applications in the building and construction industry and the rising number of regulations related to using environmental-friendly products. The demand for acrylic surface coatings that release lower levels of volatile organic compounds (VOCs) is increasing rapidly.
Moreover, the rising applications, ranging from interior decoration to exterior walls, furniture, and traffic lights to automobiles, are likely to support the acrylic surface coating market. However, the price volatility of acrylic surface coatings may hamper the market in the future. Conversely, the ongoing research and development related to acrylic surface coatings are expected to further boost this global market in the upcoming years.
Acrylic Surface Coating Market: Report Scope
| Report Attributes | Report Details |
|---|---|
| Report Name | Acrylic Surface Coating Market Research Report |
| Market Size in 2023 | USD 18.64 Billion |
| Market Forecast in 2032 | USD 29.54 Billion |
| Growth Rate | CAGR of 5.25% |
| Number of Pages | 255 |
| Forecast Units | Value (USD Billion), and Volume (Units) |
| Key Companies Covered | BASF, Axalta Coating Systems, PPG Industries, Nippon Paint, Valspar Corporation, The Dow Chemical Company, Sherwin-Williams, Kansai Paint, RPM, Asian Paints, Benjamin Moore, Sacal International, Dunn Edwards, and AkzoNobel, And Others |
| Segments Covered | By Substrate Type, By Technology, By End-User, And By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
| Base Year | 2023 |
| Historical Year | 2018 to 2022 |
| Forecast Year | 2024 - 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Acrylic Surface Coating Market: Segmentation
The acrylic surface coating market is classified on the basis of substrate type, technology, and end-user. The substrate type segment of the acrylic surface coating market includes wood, plastic, concrete, and metal. In 2023, the concrete segment contributed the largest market share globally.
By technology, the acrylic surface coating market includes solvent-borne, water-borne, and powder. Water-borne technology dominated the global acrylic surface coating market in 2023. The end-user segment of the acrylic surface coating market includes aerospace and defense, automotive, industrial, building and construction, and others. The building and construction segment dominated the global acrylic surface coating market in 2023. The automotive is expected to show the highest CAGR in the upcoming years.
Acrylic Surface CoatingMarket: Regional Analysis
The Asia Pacific acrylic surface coating market is expected to dominate globally in the future, owing to the rising acrylic surface coatings demand, growing use of acrylic surface coatings in the construction industry in China, India, and Indonesia. Moreover, the rising acrylic surface coating demand by the automotive industry is likely to boost the market growth.
Acrylic Surface Coating Market: Key Players
Some major companies involved in the acrylic surface coating market are
- BASF
- Axalta Coating Systems
- PPG Industries
- Nippon Paint
- Valspar Corporation
- The Dow Chemical Company
- Sherwin-Williams
- Kansai Paint
- RPM
- Asian Paints
- Benjamin Moore
- Sacal International
- Dunn Edwards
- AkzoNobel.
- And Others
This report segments the global acrylic surface coating market into:
Global Acrylic Surface Coating Market: Substrate Type Analysis
- Concrete
- Metal
- Plastic
- Wood
Global Acrylic Surface Coating Market: Technology Analysis
- Water-Borne
- Solvent-borne
- Powder
Global Acrylic Surface Coating Market: End-User Analysis
- Building and Construction
- Automotive
- Aerospace and Defense
- Industrial
- Others
Global Acrylic Surface Coating Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
Table Of Content
Methodology
FrequentlyAsked Questions
The acrylic coating is a quick-drying paint composed of several pigments that are acrylic polymer emulsion suspended. This coating is made of acrylic or methacrylic polymer that has better color retention properties.
The global acrylic surface coating market is expected to grow rapidly in the upcoming years, owing to the growing acrylic surface coating applications in the building and construction industry and the rising number of regulations related to using environmental-friendly products.
According to the report, the global acrylic surface coating market size was worth around USD 18.64 billion in 2023 and is predicted to grow to around USD 29.54 billion by 2032.
The global acrylic surface coating market is expected to grow at a CAGR of 5.25% during the forecast period.
Asia Pacific dominated the acrylic surface coating market globally due to the region’s rapid economic development. The Asia Pacific acrylic surface coating market is expected to dominate globally in the future, owing to the rising acrylic surface coatings demand, growing used of acrylic surface coatings in the construction industry in China, India, and Indonesia. Moreover, the rising acrylic surface coating demand by the automotive industry is likely to boost the market growth.
Some major companies involved in the acrylic surface coating market are BASF, Axalta Coating Systems, PPG Industries, Nippon Paint, Valspar Corporation, The Dow Chemical Company, Sherwin-Williams, Kansai Paint, RPM, Asian Paints, Benjamin Moore, Sacal International, Dunn Edwards, and AkzoNobel.
The global acrylic surface coating market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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