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Acrylic Emulsion Market Size

  • Report ID: GMI7673
  • Published Date: Dec 2023
  • Report Format: PDF

Acrylic Emulsion Market Size

Acrylic Emulsion Market was valued at USD 11.50 billion in 2023 and is estimated to register at a CAGR of over 7.7% from 2024 to 2032. Acrylic emulsions, water-based polymers composed of acrylic monomers, have become increasingly popular due to their versatility and eco-friendly nature. The construction sector has emerged as a major consumer, utilizing acrylic emulsions in paints, coatings, and adhesives, benefiting from their excellent adhesion, durability, and low volatile organic compound (VOC) content. The automotive industry has also embraced acrylic emulsions for their role in producing high-performance coatings that enhance vehicle aesthetics and protection.

 

Raw materials, including acrylic monomers and other chemical components, are subject to market dynamics influenced by factors such as global supply-demand imbalances, geopolitical events, and natural disasters. The volatility in prices can lead to sudden and unpredictable spikes, directly impacting the cost structure of acrylic emulsion manufacturers. This poses a considerable challenge in maintaining stable pricing for end products, affecting profit margins and operational efficiency. Manufacturers may find it challenging to absorb sudden cost increases, leading to potential adjustments in pricing strategies or compromising on profit margins.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of acrylic emulsion was reached USD 11.5 billion in 2023 and is estimated to cross USD 22.36 billion by 2032, driven by their versatility and eco-friendly nature alongside utility in construction sector.

The polymer & copolymer acrylic emulsion segment was worth USD 6.37 billion in 2023 and is expected to grow at a lucrative pace through 2032, owing to their specific attributes tailored to meet varied application requirements.

Asia Pacific acrylic emulsion industry surpassed USD 5.10 billion in 2023 and is anticipated to expand at a significant pace during 2024 and 2032, driven by rapid urbanization coupled with increased infrastructure development projects.

Celanese, Dow Inc, Arkema Group, BASF, DIC Corporation, Avery Dennison Performance Polymers, Henkel Additives, H.B. Fuller, Mallard Creek Polymers, Max Paints, Berger Paints, and Jensen & Nicholson are some of the major industry contenders.

Acrylic Emulsion Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 191
  • Countries covered: 24
  • Pages: 210
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