The global acrylic resins market is estimated to grow at a CAGR of nearly 4.0% during the forecast period. The major factors contributing to the market growth include significant application in paints and coatings and emerging infrastructure development projects. In the coatings industry, coatings using acrylic resins is considered as the major polymer technology. Acrylics have applications in special-purpose coating, architectural coatings, and product finishes for automotive (OEM) and refinish. These resins are especially based on methacrylate and acrylate monomers that offer better weather resistance, retention of gloss and color in exterior applications, and resistance to hydrolysis.

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Owing to their performance and versatility, acrylic coatings have a potential share in all coatings. It can be thermoset or thermoplastic and are used in radiation-curable, organic solvent born, and waterborne coatings. Generally, thermoplastic acrylic polymers contain excellent properties such as superior durability. Thermoplastic resins normally utilize methyl methacrylate in polymers to offer excellent exterior durability and toughness. Acrylic can work in combination with a range of monomers to offer increased adhesion to metal. Several acrylic resins may also comprise other vinyl monomers including vinyl acetate or styrene, particularly for cost reduction.

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Global Acrylic Resins Market Segmentation

By Type

Acrylate

Methacrylate

Hybrid

By Application

Paints and Coatings

Plastics

Construction

Textile

Consumer Goods

Adhesives

Others

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Air Products and Chemicals, Inc.

Arkema S.A.

Asahi Kasei Corp.

BASF SE

Cargill, Inc.

DIC Corp.

Eastman Chemical Co.

Evonik Industries AG

Henkel AG & Co. KGaA

Hexion Inc.

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