The global acrylic resins market size is expected to showcase significant growth by reaching USD 28,051.3 million by 2028. Fortune Business Insights in its latest report, titled “Acrylic Resins Market, 2021-2028.
The acrylic resins market refers to the industry that produces and sells acrylic resins, which are synthetic materials that are widely used in a variety of applications, such as coatings, adhesives, sealants, and plastics. Acrylic resins are made from acrylic acid or its derivatives and can be produced through a variety of methods, including bulk polymerization, emulsion polymerization, and solution polymerization.
The market for acrylic resins is driven by the growing demand for these materials in various end-use industries, such as automotive, construction, and packaging. The automotive industry, in particular, is a major consumer of acrylic resins, as they are used in the production of coatings, adhesives, and sealants for vehicles.
Other factors that are driving the growth of the acrylic resins market include the increasing focus on eco-friendly and sustainable materials, as well as advancements in technology that are leading to the development of new and improved acrylic resins with enhanced properties and performance.
Information Source:
https://www.fortunebusinessinsights.com/acrylic-resins-market-105159
Market Segmentation:
The acrylic resins market can be segmented based on several factors, including type, application, end-use industry, and geography.
By type:
Methyl methacrylate (MMA)
Butyl methacrylate (BMA)
Ethyl acrylate (EA)
Styrene acrylic
Others
By application:
Coatings
Adhesives and sealants
Plastics
Printing inks
Others
By end-use industry:
Automotive
Construction
Packaging
Furniture
Electronics
Others
By geography:
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Industry Development:
September 2020 – Dow unveiled the INVISUTM Acrylic Adhesive portfolio for the North American region. The product is expected to be adopted extensively in several industrial applications such as pressure-sensitive paper and film marking.
List of the Companies Profiled in the Global Market:
Dow (US)
BASF SE (Germany)
Arkema (France)
Mitsubishi (Japan)
Nippon Shokubai (Japan)
DSM (Netherlands)
Mitsui Chemicals (Japan)
DIC Corporation (Japan)
Sumitomo (Japan)
Other Key Players
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