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Waterborne Acrylic Resin Market Size
- Report ID: GMI7585
- Published Date: Dec 2023
- Report Format: PDF
Waterborne Acrylic Resin Market Size
Waterborne Acrylic Resin Market was valued at around USD 6.01 billion in 2023 and is estimated to register a CAGR of over 5.2% between 2024 and 2032.
As stringent environmental regulations become more prevalent globally, industries are increasingly shifting towards eco-friendly and low-VOC (volatile organic compound) solutions. Waterborne acrylic resins, being water-based and having lower VOC content compared to traditional solvent-based resins, are favored for their reduced environmental impact. Additionally, the versatility of waterborne acrylic resins makes them applicable in various sectors, including paints and coatings, adhesives, and sealants.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Waterborne Acrylic Resin Market Size in 2023: | USD 6.01 Billion |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 5.2% |
| 2032 Value Projection: | USD 9.49 Billion |
| Historical Data for: | 2018 - 2023 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 191 |
| Segments covered: | Type, Applications, End Use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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A potential pitfall for the waterborne acrylic resin market lies in addressing formulation challenges and achieving performance levels comparable to solvent-based alternatives. While advancements are being made, overcoming these challenges is crucial for broader market acceptance and sustained growth, especially in applications with stringent performance requirements.
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Waterborne Acrylic Resin Market Scope
