The global Acrylic Resins Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Chemistry (Acrylates, Methacrylates, Hybrid), By Solvency (Water based, Solvent based, Others), By Application (Paints & Coatings, Adhesives & Sealants, DIY coatings, Elastomers, Others), By End-User (Building & Construction, Industrial, Paper & paperboard, Consumer goods, Electrical & electronics, Packaging, Others).
Acrylic Resins are thermoplastic polymers derived from acrylic acid or acrylate esters, widely used in coatings, adhesives, and construction materials. These versatile resins offer properties such as transparency, weather resistance, and excellent adhesion, making them suitable for a broad range of applications. The market for Acrylic Resins is driven by their widespread use in architectural coatings, automotive finishes, and industrial adhesives, where they provide durability, color retention, and UV resistance. Acrylic resins can be formulated as water-based or solvent-based coatings, offering environmentally friendly alternatives to traditional solvent-based systems. Additionally, advancements in acrylic resin technology, such as UV-curable formulations and self-healing coatings, are driving innovation and expanding the application possibilities within the market. As industries to prioritize sustainability and performance, acrylic resins are expected to play a significant role in meeting the evolving needs of various sectors.
The market report analyses the leading companies in the industry including Aekyung Chemical Co. Ltd, Allnex, BASF SE, Berger Paints India Ltd, DIC Corp, Fujikura Kasei Co. Ltd, Geo Specialty Chemicals, Innotek Technology Ltd, Jotun, Kamsons Chemicals Pvt. Ltd, Mitsubishi Chemical Holdings, Mitsui Chemicals, Momentive Performance Materials, Nippon Shokubai Co., Rohm, Showa Denko Materials, Solvay S.A., Sumitomo Chemical, Sun Polymers Inc, Synthomer, The Dow Chemical Company, The Lubrizol Corp, Yip’s Chemical Holdings Ltd, and others.
A significant market trend for Acrylic Resins is the increasing demand for water-based formulations, driven by environmental regulations, consumer preferences for sustainable products, and advancements in water-based resin technology. As industries strive to reduce emissions, minimize volatile organic compound (VOC) content, and improve worker safety, there is a shift towards water-based coatings and adhesives that offer comparable performance to solvent-based counterparts. Water-based acrylic resins provide excellent adhesion, durability, and weatherability while offering lower VOC emissions and easier clean-up, making them ideal for applications in architectural coatings, automotive coatings, and packaging adhesives. This trend reflects a broader industry movement towards sustainable chemistry and eco-friendly solutions, driving the adoption of water-based acrylic resins and reshaping the market landscape.
A significant market driver for Acrylic Resins is the growth in construction and infrastructure projects worldwide, stimulating demand for coatings, sealants, and adhesives used in building materials, protective coatings, and structural adhesives. With rapid urbanization, population growth, and infrastructure development initiatives, there is a robust demand for durable and weather-resistant materials that can withstand harsh environmental conditions and provide long-lasting protection for buildings, bridges, roads, and other infrastructure assets. Acrylic resins offer versatility, adhesion, and durability, making them indispensable in construction applications such as architectural coatings, waterproofing membranes, and concrete sealers. The expansion of construction activities, particularly in emerging markets, drives the consumption of acrylic resins and fuels market growth in the coatings and adhesives sector.
An attractive opportunity in the Acrylic Resins market lies in the development of high-performance specialty resins tailored for specific applications and performance requirements in niche markets. While conventional acrylic resins offer a broad range of properties suitable for various applications, there is a growing demand for specialty formulations that address unique challenges and deliver enhanced performance characteristics. Manufacturers can capitalize on this opportunity by investing in research and development to create specialty acrylic resins with advanced properties such as UV resistance, chemical resistance, flame retardancy, or low-temperature flexibility. By targeting niche markets such as automotive coatings, aerospace sealants, electronic adhesives, or medical device coatings, companies can differentiate their products, capture higher margins, and expand their customer base, thereby unlocking new opportunities for growth and innovation in the acrylic resins market.
In the Acrylic Resins market segmented by chemistry, the Acrylates segment is the largest category. The large revenue share is primarily due to the wide range of applications and versatility offered by acrylates in various industries. Acrylates are acrylic esters derived from acrylic acid, and they encompass a diverse group of compounds with different chemical properties and characteristics. Acrylate-based resins exhibit excellent adhesion, weatherability, chemical resistance, and UV stability, making them suitable for coatings, adhesives, sealants, and elastomers. Moreover, acrylate resins are easy to formulate, modify, and process, allowing manufacturers to tailor their properties to meet specific application requirements. The extensive use of acrylate resins in construction, automotive, packaging, textiles, and electronics industries further contributes to their dominance in the acrylic resins market. Additionally, advancements in polymer chemistry and formulation techniques continue to expand the application possibilities of acrylate-based resins, further solidifying their position as the largest segment in the Acrylic Resins market.
Within the Acrylic Resins market segmented by solvency, the Water-based segment is the fastest-growing category. The market growth is driven by increasing adoption of water-based acrylic resins across various industries. Water-based acrylic resins offer numerous advantages over solvent-based counterparts, including lower VOC emissions, reduced environmental impact, improved safety for workers, and compliance with stringent regulatory standards. Additionally, water-based acrylic resins are eco-friendly, non-toxic, and non-flammable, making them preferred choices for coatings, adhesives, and sealants in indoor and outdoor applications. The growing emphasis on sustainability, coupled with regulations promoting environmentally friendly products, drives the demand for water-based acrylic resins in industries such as construction, automotive, packaging, and textiles. Moreover, advancements in water-based resin formulations and application technologies enhance their performance characteristics, such as adhesion, durability, and weatherability, further fuelling their rapid growth. As industries continue to prioritize sustainable solutions and regulatory compliance, the Water-based segment of the Acrylic Resins market is poised for sustained expansion.
In the Acrylic Resins market segmented by application, the Paints & Coatings segment is the largest category. The large revenue share is primarily due to the widespread use and versatility of acrylic resins in the paints and coatings industry. Acrylic resins offer numerous advantages for paints and coatings formulations, including excellent adhesion to various substrates, UV resistance, weatherability, durability, and color retention. Additionally, acrylic-based paints and coatings dry quickly, have low odor, and exhibit good flexibility, making them suitable for a wide range of interior and exterior applications in residential, commercial, and industrial settings. The demand for acrylic resins in the paints and coatings sector is driven by factors such as urbanization, infrastructure development, renovation activities, and the growing preference for water-based and environmentally friendly coatings. Moreover, the continuous innovation in acrylic resin formulations and the development of high-performance coatings further contribute to the dominance of the Paints & Coatings segment in the Acrylic Resins market.
Within the Acrylic Resins market segmented by end-user, the Building & Construction segment is the fastest-growing category. The market growth is driven by increasing adoption of acrylic resins in the building and construction industry. Acrylic resins offer a wide range of applications in construction materials such as architectural coatings, sealants, adhesives, waterproofing membranes, and concrete additives. These resins provide excellent adhesion, durability, weatherability, and UV resistance, making them ideal for protecting and enhancing building surfaces while extending their service life. Moreover, the demand for acrylic resins in the building and construction sector is fuelled by urbanization, infrastructure development, renovation projects, and the growing emphasis on sustainable construction practices. Acrylic-based coatings and sealants contribute to energy efficiency, environmental protection, and aesthetics in buildings, further driving their adoption. Additionally, advancements in acrylic resin technology, such as the development of eco-friendly formulations and high-performance coatings, cater to the evolving needs of the construction industry. As the construction sector continues to expand globally and adopt innovative materials and technologies, the Building & Construction segment of the Acrylic Resins market is poised for sustained rapid growth.
By Chemistry
Acrylates
Methacrylates
Hybrid
By Solvency
Water based
Solvent based
Others
By Application
Paints & Coatings
Adhesives & Sealants
DIY coatings
Elastomers
Others
By End-User
Building & Construction
Industrial
Paper & paperboard
Consumer goods
Electrical & electronics
Packaging
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Aekyung Chemical Co. Ltd
Allnex
BASF SE
Berger Paints India Ltd
DIC Corp
Fujikura Kasei Co. Ltd
Geo Specialty Chemicals
Innotek Technology Ltd
Jotun
Kamsons Chemicals Pvt. Ltd
Mitsubishi Chemical Holdings
Mitsui Chemicals
Momentive Performance Materials
Nippon Shokubai Co.
Rohm
Showa Denko Materials
Solvay S.A.
Sumitomo Chemical
Sun Polymers Inc
Synthomer
The Dow Chemical Company
The Lubrizol Corp
Yip’s Chemical Holdings Ltd
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Acrylic Resins Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Acrylic Resins Market Size Outlook, $ Million, 2021 to 2032
3.2 Acrylic Resins Market Outlook by Type, $ Million, 2021 to 2032
3.3 Acrylic Resins Market Outlook by Product, $ Million, 2021 to 2032
3.4 Acrylic Resins Market Outlook by Application, $ Million, 2021 to 2032
3.5 Acrylic Resins Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Acrylic Resins Industry
4.2 Key Market Trends in Acrylic Resins Industry
4.3 Potential Opportunities in Acrylic Resins Industry
4.4 Key Challenges in Acrylic Resins Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Acrylic Resins Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Acrylic Resins Market Outlook by Segments
7.1 Acrylic Resins Market Outlook by Segments, $ Million, 2021- 2032
By Chemistry
Acrylates
Methacrylates
Hybrid
By Solvency
Water based
Solvent based
Others
By Application
Paints & Coatings
Adhesives & Sealants
DIY coatings
Elastomers
Others
By End-User
Building & Construction
Industrial
Paper & paperboard
Consumer goods
Electrical & electronics
Packaging
Others
8 North America Acrylic Resins Market Analysis and Outlook To 2032
8.1 Introduction to North America Acrylic Resins Markets in 2024
8.2 North America Acrylic Resins Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Acrylic Resins Market size Outlook by Segments, 2021-2032
By Chemistry
Acrylates
Methacrylates
Hybrid
By Solvency
Water based
Solvent based
Others
By Application
Paints & Coatings
Adhesives & Sealants
DIY coatings
Elastomers
Others
By End-User
Building & Construction
Industrial
Paper & paperboard
Consumer goods
Electrical & electronics
Packaging
Others
9 Europe Acrylic Resins Market Analysis and Outlook To 2032
9.1 Introduction to Europe Acrylic Resins Markets in 2024
9.2 Europe Acrylic Resins Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Acrylic Resins Market Size Outlook by Segments, 2021-2032
By Chemistry
Acrylates
Methacrylates
Hybrid
By Solvency
Water based
Solvent based
Others
By Application
Paints & Coatings
Adhesives & Sealants
DIY coatings
Elastomers
Others
By End-User
Building & Construction
Industrial
Paper & paperboard
Consumer goods
Electrical & electronics
Packaging
Others
10 Asia Pacific Acrylic Resins Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Acrylic Resins Markets in 2024
10.2 Asia Pacific Acrylic Resins Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Acrylic Resins Market size Outlook by Segments, 2021-2032
By Chemistry
Acrylates
Methacrylates
Hybrid
By Solvency
Water based
Solvent based
Others
By Application
Paints & Coatings
Adhesives & Sealants
DIY coatings
Elastomers
Others
By End-User
Building & Construction
Industrial
Paper & paperboard
Consumer goods
Electrical & electronics
Packaging
Others
11 South America Acrylic Resins Market Analysis and Outlook To 2032
11.1 Introduction to South America Acrylic Resins Markets in 2024
11.2 South America Acrylic Resins Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Acrylic Resins Market size Outlook by Segments, 2021-2032
By Chemistry
Acrylates
Methacrylates
Hybrid
By Solvency
Water based
Solvent based
Others
By Application
Paints & Coatings
Adhesives & Sealants
DIY coatings
Elastomers
Others
By End-User
Building & Construction
Industrial
Paper & paperboard
Consumer goods
Electrical & electronics
Packaging
Others
12 Middle East and Africa Acrylic Resins Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Acrylic Resins Markets in 2024
12.2 Middle East and Africa Acrylic Resins Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Acrylic Resins Market size Outlook by Segments, 2021-2032
By Chemistry
Acrylates
Methacrylates
Hybrid
By Solvency
Water based
Solvent based
Others
By Application
Paints & Coatings
Adhesives & Sealants
DIY coatings
Elastomers
Others
By End-User
Building & Construction
Industrial
Paper & paperboard
Consumer goods
Electrical & electronics
Packaging
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Aekyung Chemical Co. Ltd
Allnex
BASF SE
Berger Paints India Ltd
DIC Corp
Fujikura Kasei Co. Ltd
Geo Specialty Chemicals
Innotek Technology Ltd
Jotun
Kamsons Chemicals Pvt. Ltd
Mitsubishi Chemical Holdings
Mitsui Chemicals
Momentive Performance Materials
Nippon Shokubai Co.
Rohm
Showa Denko Materials
Solvay S.A.
Sumitomo Chemical
Sun Polymers Inc
Synthomer
The Dow Chemical Company
The Lubrizol Corp
Yip’s Chemical Holdings Ltd
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Chemistry
Acrylates
Methacrylates
Hybrid
By Solvency
Water based
Solvent based
Others
By Application
Paints & Coatings
Adhesives & Sealants
DIY coatings
Elastomers
Others
By End-User
Building & Construction
Industrial
Paper & paperboard
Consumer goods
Electrical & electronics
Packaging
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Acrylic Resins Market Size is valued at $22.3 Billion in 2024 and is forecast to register a growth rate (CAGR) of 5.4% to reach $34 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Aekyung Chemical Co. Ltd, Allnex, BASF SE, Berger Paints India Ltd, DIC Corp, Fujikura Kasei Co. Ltd, Geo Specialty Chemicals, Innotek Technology Ltd, Jotun, Kamsons Chemicals Pvt. Ltd, Mitsubishi Chemical Holdings, Mitsui Chemicals, Momentive Performance Materials, Nippon Shokubai Co., Rohm, Showa Denko Materials, Solvay S.A., Sumitomo Chemical, Sun Polymers Inc, Synthomer, The Dow Chemical Company, The Lubrizol Corp, Yip’s Chemical Holdings Ltd
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume