Acrylic Emulsions Market Size (2024 - 2029)

The acrylic emulsions market is poised for growth, driven by the increasing demand for water-based paints and the recovery of the construction industry post-COVID-19 disruptions. Despite challenges posed by the preference for polyurethane coatings, opportunities for market expansion exist through the growth of the construction sector and heightened awareness of the benefits of acrylic emulsions. The Asia-Pacific region is anticipated to lead the market due to rapid urbanization and industrialization, particularly in countries like China, Japan, and India.

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Market Size of Acrylic Emulsions Industry

Acrylic Emulsions Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 5.00 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration High

Major Players

Acrylic Emulsions Market Major Players

*Disclaimer: Major Players sorted in no particular order

Acrylic Emulsions Market Analysis

The market for acrylic emulsions is expected to register at a CAGR of over 5% during the forecast period.

COVID-19 negatively impacted the market as all the industries halted their manufacturing processes. Lockdowns, social distances, and trade sanctions triggered massive disruptions to global supply chain networks. The construction industry witnessed a decline due to the halt in activities. However, the condition recovered in 2021 is expected to benefit the market during the forecast period.

  • The major factors driving the market studied are the growing demand for water-based paints. It is due to the rising input costs for solvent-based paints.
  • However, the growing preference for polyurethane in coating applications is expected to restrain the market growth.
  • Growth and expansion of buildings and construction industry and increasing awareness about the benefits of acrylic emulsions technique act as opportunities for market growth.
  • Asia-Pacific is expected to dominate the global market due to rapid urbanization and industrialization, leading to a massive demand for acrylic emulsions from countries such as China, Japan, and India.

Acrylic Emulsions Industry Segmentation

Acrylic resin emulsions are usually prepared by polymerizing various acrylic monomers in water, usually in the presence of an emulsifier or a dispersing agent. Acrylic emulsions are used to produce paints and coatings to improve the impact of the viscosity of substrates, surface effectiveness, and resistance. The acrylic emulsions market is segmented by type, application, and geography. By type, the market is segmented into pure acrylic emulsions, styrene acrylic emulsions, and vinyl acrylic emulsions. The report also covers the size and forecasts for the acrylic emulsions market in 17 countries across major regions. The market sizing and forecast for each segment are based on value (USD million).

Type
Pure Acrylic Emulsions
Styrene Acrylic Emulsions
Vinyl Acrylic Emulsions
Application
Paints and Coatings
Construction Material Additives
Paper Coating
Adhesives
Other Applications
Geography
Asia-Pacific
China
India
Japan
South Korea
Australia & New Zealand
Rest of Asia-Pacific
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
Italy
France
Russia
Rest of Europe
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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Acrylic Emulsions Market Size Summary

The acrylic emulsions market is poised for significant growth, driven by the increasing demand for water-based paints and coatings, which are favored for their low VOC emissions and high durability. The market experienced setbacks due to the COVID-19 pandemic, which disrupted supply chains and halted construction activities. However, recovery in 2021 has set a positive trajectory for the market. The construction industry's expansion, particularly in the Asia-Pacific region, is a major contributor to market growth. This region, led by countries like China, Japan, and India, is witnessing rapid urbanization and industrialization, fueling the demand for acrylic emulsions in various applications, including architectural and industrial coatings.

Despite the promising growth prospects, the market faces challenges from the increasing preference for polyurethane in coating applications. Nonetheless, opportunities abound in the growing awareness of the benefits of acrylic emulsions and the expansion of the building and construction industry. The market is moderately consolidated, with key players like BASF SE, Dow, Arkema Group, Celanese Corporation, and DIC CORPORATION holding significant shares. Recent developments, such as new product launches and production facility expansions, are expected to further enhance the competitive landscape and drive innovation in the acrylic emulsions market.

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Acrylic Emulsions Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increasing Demand for Water-Based Paints

      2. 1.1.2 Growing Investment in Asia-Pacific Construction Industry

    2. 1.2 Restraints

      1. 1.2.1 Growing Preference for Polyurethane Dispersions in Coating Applications

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Consumers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Pure Acrylic Emulsions

      2. 2.1.2 Styrene Acrylic Emulsions

      3. 2.1.3 Vinyl Acrylic Emulsions

    2. 2.2 Application

      1. 2.2.1 Paints and Coatings

      2. 2.2.2 Construction Material Additives

      3. 2.2.3 Paper Coating

      4. 2.2.4 Adhesives

      5. 2.2.5 Other Applications

    3. 2.3 Geography

      1. 2.3.1 Asia-Pacific

        1. 2.3.1.1 China

        2. 2.3.1.2 India

        3. 2.3.1.3 Japan

        4. 2.3.1.4 South Korea

        5. 2.3.1.5 Australia & New Zealand

        6. 2.3.1.6 Rest of Asia-Pacific

      2. 2.3.2 North America

        1. 2.3.2.1 United States

        2. 2.3.2.2 Canada

        3. 2.3.2.3 Mexico

      3. 2.3.3 Europe

        1. 2.3.3.1 Germany

        2. 2.3.3.2 United Kingdom

        3. 2.3.3.3 Italy

        4. 2.3.3.4 France

        5. 2.3.3.5 Russia

        6. 2.3.3.6 Rest of Europe

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle East & Africa

        1. 2.3.5.1 Saudi Arabia

        2. 2.3.5.2 South Africa

        3. 2.3.5.3 Rest of Middle East & Africa

Acrylic Emulsions Market Size FAQs

The Acrylic Emulsions Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)

Celanese Corporation, Dow, Arkema Group, BASF SE and DIC CORPORATION are the major companies operating in the Acrylic Emulsions Market.

Acrylic Emulsions Market Report Snapshots

Acrylic Emulsions Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)