Global Acrylic Resins Market Size Study, by Type (Methacrylates, Acrylates, and Hybrids), by Property (Thermoplastics, and Thermosetting), by End Use, by Application (Building & Construction, Automotive, Electronics, Packaging, and Others), by Chemistry (

The Global Acrylic Resins Market, valued at approximately USD 21.00 billion in 2023, is expected to expand at a compound annual growth rate (CAGR) of 5.60% over the forecast period from 2024 to 2032. Acrylic resins, characterized by their exceptional transparency, durability, chemical resistance, and adhesion properties, play a crucial role in several industries such as construction, automotive, packaging, and electronics. These resins are used extensively in paints and coatings, adhesives, and sealants, benefiting from their superior weatherability and quick-drying capabilities.

Driven by advancements in polymerization technology and the growing demand for high-performance coatings, the market is undergoing a transformative shift. The increasing use of methacrylate-based acrylic resins in architectural coatings and automotive refinishing applications is propelling demand. Additionally, the rising adoption of thermosetting acrylic resins in high-temperature applications is significantly contributing to market expansion. Sustainability trends are also influencing manufacturers to develop low-VOC (volatile organic compounds) and eco-friendly acrylic formulations, aligning with stringent environmental regulations worldwide.

However, fluctuations in raw material prices, particularly related to petrochemical derivatives like methacrylates and acrylates, pose challenges for manufacturers. Furthermore, competition from alternative resin systems such as polyurethanes and epoxies presents a constraint on market penetration. Nevertheless, investments in bio-based acrylic resins and circular economy initiatives are opening new avenues for sustainable growth and product differentiation.

Regionally, Asia-Pacific leads the market, with China, India, and Japan emerging as dominant players due to expanding industrialization, increasing infrastructure projects, and high consumption of coatings and adhesives. Meanwhile, North America and Europe are witnessing steady growth, backed by advanced manufacturing capabilities, regulatory compliance with green chemistry, and technological innovations in polymer science. Latin America and the Middle East & Africa are also experiencing rising demand for acrylic-based materials, particularly in automotive, construction, and consumer goods sectors, fostering regional market expansion.

Major Market Players Included in This Report
• BASF SE
• Dow Inc.
• Arkema S.A.
• Evonik Industries AG
• Sumitomo Chemical Co., Ltd.
• Mitsubishi Chemical Holdings Corporation
• Nippon Shokubai Co., Ltd.
• LG Chem Ltd.
• Mitsui Chemicals, Inc.
• The Sherwin-Williams Company
• Hexion Inc.
• DIC Corporation
• Allnex Group
• Kuraray Co., Ltd.
• Solvay S.A.

The Detailed Segments and Sub-Segments of the Market are Explained Below:

By Type:
• Methacrylates
• Acrylates
• Hybrids

By Property:
• Thermoplastics
• Thermosetting

By Application:
• Building & Construction
• Automotive
• Electronics
• Packaging
• Others

By Chemistry:
• Paints & Coatings
• Adhesives & Sealants
• Pigment Dispersion
• Others

By Region:

North America:
• U.S.
• Canada

Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America:
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Years Considered for the Study:
• Historical Year – 2022
• Base Year – 2023
• Forecast Period – 2024 to 2032

Key Takeaways:
• Market Estimates & Forecast for 10 years (2022-2032).
• Annualized revenue and regional-level analysis for each market segment.
• Comprehensive assessment of geographical landscape with country-level insights.
• Competitive landscape analysis with profiles of major industry players.
• Insights into strategic initiatives, investment trends, and business expansions.
• Demand-side and supply-side market trends shaping the future outlook.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Please note: This publisher does offer titles that are created upon receipt of order.