Product Code: GVR-4-68040-268-1
Acrylic Polymer Market Growth & Trends:
The global acrylic polymer market size is anticipated to reach USD 884.7 million by 2030, growing at a CAGR of 4.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. Acrylic polymers find extensive applications in paints and coatings, adhesives, sealants, and textiles due to their superior properties such as durability, weather resistance, and adhesion. As these industries continue to expand globally, the demand for acrylic polymers is expected to increase steadily.
The shift toward eco-friendly and sustainable materials is driving the growth of acrylic polymers. With growing awareness of environmental issues and regulations aimed at reducing carbon footprints, there is an increasing preference for acrylic polymers with bio-based or recycled ingredients. Companies are investing in research & development to develop more environmentally friendly alternatives to further drive market growth. Furthermore, the versatility of acrylic polymers in providing solutions for various applications and their compatibility with other materials contribute to their increasing acceptance in various sectors.
Technological advancements and innovations in acrylic polymer manufacturing processes are driving market growth. Continuous improvements in manufacturing techniques such as emulsion polymerization and solution polymerization are increasing the efficiency, quality, and cost-effectiveness of acrylic polymer production. In addition, developments in acrylic copolymers and specialty acrylics with tailored properties are expanding the scope of application and driving market penetration into new sectors. Overall, these factors together contribute to the robust growth and expansion of the acrylic polymer industry globally.
Acrylic Polymer Market Report Highlights:
- Based on type, the Polymethyl Methacrylate (PMMA) segment held the largest share, accumulating a USD 233.3 million market size in 2023.
- The water-borne solution segment held the largest market share of 92% in 2023. Water-based acrylic polymers are characterized by their dispersion in water, making them environmentally friendly and having low emissions of volatile organic compounds (VOCs).
- The coatings application segment dominated the market and accounted for the largest revenue of USD 373.7 million in 2023. Acrylic polymers are widely used as binders in coating formulations due to their excellent adhesion, weather resistance, chemical resistance, and durability.
- Asia Pacific dominated the market for acrylic polymer in 2023, due to the growing industrial, textile, automotive, and construction industries, especially in Thailand, the Philippines, Bangladesh, India, Indonesia, and Vietnam.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Insights
- 2.2. Segmental Outlook
- 2.3. Competitive Outlook
Chapter 3. Acrylic Polymer Market Variables, Trends & Scope
- 3.1. Global Acrylic Polymer Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Profit Margin Analysis of Key Value Chain Participants
- 3.2.2. Raw Material Trends
- 3.2.3. Raw Material Price Analysis
- 3.3. Technology Overview
- 3.4. Analysis of Potential Sustainable Substitute Material
- 3.5. Impact of Circular Economy
- 3.6. Average Price Trend Analysis, 2018 to 2030 (USD/kg)
- 3.6.1. Key Factors Influencing Pricing
- 3.7. Supply-Demand GAP Analysis, 2023
- 3.8. Regulatory Framework
- 3.8.1. Policies and Incentive Plans
- 3.8.2. Standards and Compliances
- 3.8.3. Regulatory Impact Analysis
- 3.9. Market Dynamics
- 3.9.1. Market Driver Analysis
- 3.9.2. Market Restraint Analysis
- 3.9.3. Industry Challenges
- 3.10. Porter's Five Forces Analysis
- 3.10.1. Supplier Power
- 3.10.2. Buyer Power
- 3.10.3. Substitution Threat
- 3.10.4. Threat from New Entrant
- 3.10.5. Competitive Rivalry
- 3.11. PESTEL Analysis
- 3.11.1. Political Landscape
- 3.11.2. Economic Landscape
- 3.11.3. Social Landscape
- 3.11.4. Technological Landscape
- 3.11.5. Environmental Landscape
- 3.11.6. Legal Landscape
Chapter 4. Acrylic Polymer Market: Type Outlook Estimates & Forecasts
- 4.1. Acrylic Polymer Market: Type Movement Analysis, 2023 & 2030
- 4.2. Polymethyl Methacrylate
- 4.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.3. Sodium Polyacrylate
- 4.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.4. Polyvinyl Acetate
- 4.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.5. Polyacrylamide
- 4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 4.6. Others
- 4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 5. Acrylic Polymer Market: Solution Outlook Estimates & Forecasts
- 5.1. Acrylic Polymer Market: Solution Movement Analysis, 2023 & 2030
- 5.2. Water-borne
- 5.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 5.3. Solvent-borne
- 5.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 6. Acrylic Polymer Market: Application Outlook Estimates & Forecasts
- 6.1. Acrylic Polymer Market: End-Use Movement Analysis, 2023 & 2030
- 6.2. Coatings
- 6.2.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.3. Binders
- 6.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 6.4. Adhesives
- 6.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
Chapter 7. Acrylic Polymer Market Regional Outlook Estimates & Forecasts
- 7.1. Regional Snapshot
- 7.2. Acrylic Polymer Market: Regional Movement Analysis, 2023 & 2030
- 7.3. North America
- 7.3.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5. U.S.
- 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6. Canada
- 7.3.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7. Mexico
- 7.3.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.3.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4. Europe
- 7.4.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5. Germany
- 7.4.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6. France
- 7.4.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7. UK
- 7.4.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8. Italy
- 7.4.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.4.8.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5. Asia Pacific
- 7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5. China
- 7.5.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6. India
- 7.5.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7. Japan
- 7.5.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8. Australia
- 7.5.8.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.5.8.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6. Central & South America
- 7.6.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5. Brazil
- 7.6.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.6.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.7. Middle East & Africa
- 7.7.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5. Saudi Arabia
- 7.7.5.1. Market estimates and forecast, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5.2. Market estimates and forecast, by type, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5.3. Market estimates and forecast, by solution, 2018 - 2030 (USD Million) (Kilotons)
- 7.7.5.4. Market estimates and forecast, by application, 2018 - 2030 (USD Million) (Kilotons)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Vendor Landscape
- 8.2.1. Company categorization
- 8.2.2. List of Key Distributors and Channel Partners
- 8.2.3. List of Potential Customers/End-users
- 8.3. Competitive Dynamics
- 8.3.1. Company Market Share Analysis & Market Positioning
- 8.3.2. Competitive Benchmarking
- 8.3.3. Strategy Mapping
- 8.3.4. Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Participant's overview
- 8.4.2. Financial performance
- 8.4.3. Product benchmarking
- 8.4.3.1. BASF
- 8.4.3.2. Dow Chemical Company
- 8.4.3.3. Arkema
- 8.4.3.4. Celanese Corporation
- 8.4.3.5. Mitsubishi Chemical Corporation
- 8.4.3.6. DuPont
- 8.4.3.7. LG Chem
- 8.4.3.8. Sumitomo Chemical
- 8.4.3.9. SABIC
- 8.4.3.10. Solvay