Global Acrylic Emulsions Market, By Product (Pure Acrylic, Polymer and Copolymer), Type (Pure Acrylic Emulsions, Styrene Acrylic Emulsions, Vinyl Acrylic Emulsions), Application (Paints and Coatings, Construction Material Additives, Paper Coating, Adhesives, Other) – Industry Trends and Forecast to 2029
Acrylic Emulsions Market Analysis and Size
Acrylic emulsion market is anticipated to gain traction in during the forecast period. The significant application of the acrylic emulsion increasing the growth of the market such as application in both solvent based and water based emulsions. The “polymer and copolymer” is the highest growing product segment due to the growing usage in nonwoven hygiene related products over the forecast period. Furthermore, increasing disposable incomes has motivated the consumers to spend major amount of money on excellent quality of paints and coatings, which is in turn increasing the demand of acrylic emulsions in paints and coatings in the global market. Thus, the acrylic emulsion market is expected to rise in the mentioned forecast period.
Data Bridge Market Research analyses that the acrylic emulsions market is expected to undergo a CAGR of 8.25% during the forecast period. This indicates that the market value, which was USD 8.30 billion in 2021, would rocket up to USD 15.65 billion by 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Acrylic Emulsions Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Pure Acrylic, Polymer and Copolymer), Type (Pure Acrylic Emulsions, Styrene Acrylic Emulsions, Vinyl Acrylic Emulsions), Application (Paints and Coatings, Construction Material Additives, Paper Coating, Adhesives, Other)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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BASF SE (Germany), Arkema (France), DOW (U.S.), Celanese Corporation (U.S.), Ashland (U.S.), The Lubrizol Corporation (U.S.), H.B. Fuller (U.S.), synthomer plc (U.K.), KAMSONS CHEMICALS PVT. LTD. (India), Astra Chem Tech Private Limited (India), K. K. Chempro India Private Limited (India), Jesons (India), Indofil Industries Limited (India), DIC CORPORATION (Japan), Organik Kimya (Turkey), Trinseo (U.S.), Anhui Sinograce Chemical Co., Ltd. (China), Zhejiang Cothanes Chemical Co.,Ltd. (China)
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Market Opportunities
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Market Definition
Acrylic emulsion is a milky white polymeric emulsion which is mainly produced with the help of acrylic monomer by polymerization process. Acrylic emulsifier are prepared by using an initiator in presence of emulsifier with water as a solvent. Acrylic emulsion possesses superior waterproofing and adhesive properties, which can be used in the textile sector, such as for flannelette blankets, non-woven fabrics and lamination.
Acrylic Emulsions Market Dynamics
Drivers
- Rising demand of acrylic emulsions in paints and coatings
Acrylic emulsion are used in the production paints and coatings to improve the impact of viscosity of substrates, surface effectiveness and resistance. The growth in the construction industries is anticipated to drive the demand of the acrylic emulsion and projected to witness growth during the forecast period.
- Increasing demand of acrylic emulsion by several end user industries
Rising demand of acrylic emulsions from various end user industries, for instance, in furniture, construction, automotive, and other industries. The higher demand of acrylic emulsions from several industries is expected to drive the growth of the acrylic emulsions market.
- Rapid growth of both commercial and residential construction
Increasing demand of both residential and non-residential building construction is also contributing to the growth of the building and construction industry. The growth in the building and construction industry is anticipated to increase the demand for acrylic emulsions which, in turn, is expected to boost the growth of the acrylic emulsions market.
Opportunities
- Developing product advancements
The major market players are investing in R&D which is the major trend that is emulsions additives market are investing in initiatives and R&D sectors to develop advanced products to meet the demand from numerous end user industries overall the world. This will create the immense opportunities for the growth of the acrylic emulsions market in upcoming years.
- Increased initiatives and regulation by government
The implementation of stringent government rules related to infrastructure or construction will increase the demand of the acrylic emulsions in the market in upcoming period. In India, government has launched Pradhan Mantri Awas Yojana (Urban) Mission on 25th June 2015 which intends to provide housing for all in urban areas. This mission provides Central Assistance to the employing authorities through Central Nodal Agencies (CNAs) and States or Union Territories (UTs) for providing houses to all eligible families against the authorized demand for houses for about 1.12 cr.
According to PMAY(U) rules, the size of the house for Economically Weaker Section (EWS) could be upto 30 sq. mt. carpet area, however States have the flexibility to increase the size of the houses in consultation and approval of the Ministry. This increase the growth of the construction industry which eventually creates the beneficial opportunities for the growth of the acrylic emulsion market.
Restraints/Challenges
- High cost associated with raw materials of acrylic emulsions
High cost associated with raw materials used for producing acrylic emulsion is the major factor that will restrain the growth of the acrylic emulsion market.
- Emission of harmful compounds
The rising concern with the emission of harmful volatile organic compounds (VOC) by using acrylic emulsions is another major factor which is hampering the growth of the acrylic emulsion market globally
This acrylic emulsions market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the acrylic emulsions market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Acrylic Emulsions Market
The outbreak of COVID-19 has affected several industries that are also projected to impact the growth of acrylic emulsions market during the forecast period. The government has imposed strict rules and regulations and several lockdowns which decline the construction activities in both residential and commercial sectors and have decreased the demand for acrylic emulsions in the market during pandemic. The manufacturing and supply chain have been severely impacted, with a significant drop in output during the pandemic. Thus, COVID-19 greatly impacted the growth of the acrylic emulsions market.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Acrylic Emulsions Market Scope
The acrylic emulsions market is segmented on the basis of product, type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Pure Acrylic
- Polymer and Copolymer
Type
- Pure Acrylic Emulsions
- Styrene Acrylic Emulsions
- Vinyl Acrylic Emulsions
Application
- Paints and Coatings
- Construction Material Additives
- Paper Coating
- Adhesives
- Other
Acrylic Emulsions Market Regional Analysis/Insights
The acrylic emulsions market is analysed and market size insights and trends are provided by country, product, type and application as referenced above.
The countries covered in the acrylic emulsions market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the acrylic emulsions market due to augmented use in coating applications, mainly in furniture and interior coating in commercial as well as residential ector.
Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2022-2029 due to growing consumer awareness regarding VOC and the increasing demand for green coatings in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acrylic Emulsions Market Share Analysis
The acrylic emulsions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to acrylic emulsions market.
Some of the major players operating in the acrylic emulsions market are:
- BASF SE (Germany)
- Arkema (France)
- DOW (U.S.)
- Celanese Corporation (U.S.)
- Ashland (U.S.)
- The Lubrizol Corporation (U.S.)
- H.B. Fuller (U.S.)
- synthomer plc (U.K.)
- KAMSONS CHEMICALS PVT. LTD. (India)
- Astra Chem Tech Private Limited (India)
- K. K. Chempro India Private Limited (India)
- Jesons (India)
- Indofil Industries Limited (India)
- DIC CORPORATION (Japan)
- Organik Kimya (Turkey)
- Trinseo (U.S.)
- Anhui Sinograce Chemical Co., Ltd. (China)
- Zhejiang Cothanes Chemical Co.,Ltd. (China)
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