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Ubiquitous Use in Paints, Rubber, Plastics & Adhesives Sustains Growth in the Global Acrylic Resins Market


Published: January 2018

REPORT STATISTICS


  • Code: MCP-1710
  • Pages: 403
  • Tables: 200
  • Companies: 52


ACRYLIC RESINS: A RESEARCH BRIEF

The global market for Acrylic Resins is projected to reach 23.2 billion pounds by 2022, driven by the industrial and commercial importance of thermosetting polymers in a wide range of applications covering synthetic rubbers, textiles, paints, adhesives, plastics, strippable varnishes, among numerous others. The growth in the market is poised to benefit from high production standards in virtually every manufacturing sub-sector i.e. need for high quality molding in lightweight plastics production; need for more compatible and lighter resin based materials in prosthetic dentistry; need for high strength, quick drying adhesives; need for glossy, clear coat automotive paints; need for stronger construction materials such as acrylic glass; and growing use of synthetic polymers in textile processing for developing higher grade, higher performance textile products. Asia-Pacific represents the largest market worldwide supported by stable business growth in well-established end-use markets such as paints & coatings, construction, and automotive. China represents the largest market in the region led by rapid industrialization and massive manufacturing prowess built over a period of two decades. Future growth in the market will be powered by Middle East and Africa with a combined CAGR of 6% over the analysis period. 

    Summary of Findings

  • Expanding Use of Poly(methyl methacrylate) (PMMA) in Signage, Display Screens, Panels and TFT-LCDs to Drive Market Growth
  • Strong Focus on Voluntary Environmental Stewardship and Stringent Regulations Spur Commercial Development of Bio-Based Acrylic Resins
  • Growing Demand for Super Absorbent Polymers (SAP), also known as Hydrophilic Polymers, from the Medical Industry Drives Growth of Acrylic Acid
  • The Acute Need for Sustainable Medical Polymers Promises Significant Monetary Reward for Innovative Manufacturers Capable of Developing Eco-Friendly Acrylic Resins

    Timeline for Analysis

  • Market Estimates and Forecasts for 2015-2022
  • Historic Review 2009-2014

    Geographic Markets Analyzed

  • US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, South Korea), Latin America (Brazil, Mexico and Rest of Latin America), and Rest of World

    Market Segmentation & Classification

  • Product Segments:
    • Acrylates, and Methacrylates
  • End-Use Segments:
    • Paints & Coatings, Paper & Paperboard, Plastics, Adhesives, Construction, Textiles & Fibers, and Others

MAJOR PLAYERS

  • Arkema S.A
  • Asahi Kasei Corporation
  • BASF SE
  • DIC Corporation
  • DowDuPont, Inc.
  • Evonik Industries AG

KEY RESEARCH DELIVERABLES

  • Review of Industry/Market Structure
  • Analysis of Trends & Drivers
  • Insights on Macro Market Scenarios
  • Market SWOT Analysis
  • Latent Demand Forecasts & Projections
  • Comprehensive Geographic Market Analysis
  • Presentation Ready Facts & Statistical Data Findings
  • Coverage of Major/Niche Players, Market Shares & Competition
  • Coverage of major Company/Technology/Product/Financial Stories
  • Extensive Product/Service/End-Use/Technology Coverage Where Applicable







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