Home > Chemicals & Materials > Advanced Materials > Functional Materials > Waterborne Acrylic Resin Market

Waterborne Acrylic Resin Market Share

Report ID: GMI7585
Published Date: Dec 2023
Report Format: PDF

Download Free Sample

Waterborne Acrylic Resin Market Share

Some of the major market players operating in the Waterborne Acrylic Resin industry are:

BASF SE
Dow Chemical Company
The Sherwin-Williams Company
Nippon Paint Co., Ltd.
PPG Industries, Inc.
Huntsman Corporation
Arkema S.A.

These players focus on strategic partnerships, new Type launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative Types and garner maximum revenue in the market.

The Waterborne Acrylic Resin business is a highly competitive landscape with BASF SE, Dow Chemical Company, and The Sherwin-Williams Company leading the pack. These three companies collectively hold a substantial share of the market, ranging from 35% to 45%. Other prominent players in the market include Nippon Paint Co., Ltd., PPG Industries, Inc., Huntsman Corporation, and Arkema S.A., altogether accounting for an estimated 25% to 30% of the market share. The remaining market share is fragmented among smaller players.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for waterborne acrylic resin was valued at around USD 6.01 billion in 2023 and is estimated to reach USD 9.49 billion by 2032 driven by their reduced environmental impact and versatility in application.

Coatings segment held a dominant market share of around 55% in 2023 and is expected to grow at a lucrative pace by 2032 driven by the qualities of waterborne acrylic resin such as excellent adhesion, durability, and versatility.

North America market accounted for a revenue of USD 2.22 billion in 2023 and is anticipated to expand at a significant pace over 2023-2032 driven by the region's stringent environmental regulations, aimed at reducing VOC emissions and promoting sustainable practices.

BASF SE, Dow Chemical Company, The Sherwin-Williams Company, Nippon Paint Co., Ltd. are some of the major industry contenders.