Global Solvent-based Acrylic Resin Market Growth 2025-2031

The global Solvent-based Acrylic Resin market size is predicted to grow from US$ 2604 million in 2025 to US$ 3674 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031.

The solvent-based acrylic resin market is a significant component of the global chemical industry. Acrylic resins, which are derived from acrylic acid or methacrylic acid, serve as key intermediates in a wide range of applications, primarily in the production of paints, coatings, adhesives, sealants, and various other products. Solvent-based acrylic resins, in particular, are a specific subclass of acrylic resins dissolved in organic solvents, which make them ideal for use in applications where the resin needs to have a lower viscosity for easier application or faster drying times. This market has shown substantial growth and transformation due to the versatility and robust performance properties that these resins provide.

Solvent-based acrylic resins are polymeric materials synthesized from acrylic or methacrylic acid or their derivatives. These resins are typically dissolved in organic solvents such as toluene, xylene, or butyl acetate, which enable the resins to achieve the desired properties required for a variety of industrial uses. The solvent used in the formulation of these resins is crucial because it affects not only the application properties of the resins (such as drying time, application viscosity, and film formation) but also the environmental impact and compliance with regulations.

Acrylic resins, in general, are known for their superior properties, including clarity, UV resistance, weatherability, and flexibility, which make them ideal for use in products like automotive paints, decorative coatings, industrial coatings, and adhesives. Solvent-based systems often offer advantages such as faster drying times and better flow and leveling properties, making them particularly suitable for high-performance applications where a smooth, uniform finish is desired. The solvent, in combination with the acrylic resin, also influences other properties such as gloss, hardness, and chemical resistance.

The market for solvent-based acrylic resins is characterized by a broad range of applications across various industries. The paints and coatings sector, which includes architectural, industrial, automotive, and marine coatings, is the largest consumer of these resins. Solvent-based acrylic resins are preferred in these industries due to their excellent performance characteristics, including durability, gloss retention, and resistance to environmental factors such as moisture, UV radiation, and temperature variations.

In addition to coatings, solvent-based acrylic resins are also used in adhesives and sealants, where they provide excellent bonding and sealing properties. The automotive sector, in particular, is a major consumer of acrylic-based products, using them for exterior coatings, clear coats, and finishes that provide both aesthetic appeal and protection against the elements. The adhesives market, particularly in construction and packaging industries, also relies on solvent-based acrylic resins for their ability to bond a variety of substrates.

The demand for solvent-based acrylic resins is heavily influenced by several factors, including the regulatory environment, technological advancements, and changing consumer preferences. Environmental concerns, particularly regarding volatile organic compounds (VOCs) and their contribution to air pollution, have led to increased scrutiny and regulation of solvent-based products. This has resulted in a shift toward more sustainable alternatives, such as water-based resins, which are less harmful to the environment. However, solvent-based acrylic resins continue to be preferred in certain applications where performance and durability are critical, and there is a growing focus on developing low-VOC and VOC-free alternatives to mitigate the environmental impact.

Geographically, the solvent-based acrylic resin market is global, with significant demand in regions such as North America, Europe, Asia-Pacific, and the Middle East & Africa. The Asia-Pacific region is the largest market for solvent-based acrylic resins, driven by the rapid growth of industrialization and urbanization, particularly in countries like China and India. The demand for solvent-based acrylic resins in these regions is primarily driven by the expanding automotive, construction, and packaging industries. North America and Europe, while also significant markets, are experiencing a shift towards more sustainable products, including water-based resins, due to stricter environmental regulations.

Globally, the industry is dominated by several well-known manufacturers, including BASF, DOW, Mitsubishi Chemical, Arkema, DIC, Allnex, etc. These companies have occupied an important share of the market with their strong R&D capabilities, advanced production processes and global supply chains. At the same time, some regional companies are also rising, driving the diversification of the industry's competitive landscape.

LP Information, Inc. (LPI) ' newest research report, the “Solvent-based Acrylic Resin Industry Forecast” looks at past sales and reviews total world Solvent-based Acrylic Resin sales in 2024, providing a comprehensive analysis by region and market sector of projected Solvent-based Acrylic Resin sales for 2025 through 2031. With Solvent-based Acrylic Resin sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solvent-based Acrylic Resin industry.

This Insight Report provides a comprehensive analysis of the global Solvent-based Acrylic Resin landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Solvent-based Acrylic Resin portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solvent-based Acrylic Resin market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solvent-based Acrylic Resin and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solvent-based Acrylic Resin.

This report presents a comprehensive overview, market shares, and growth opportunities of Solvent-based Acrylic Resin market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hydroxyacrylic Resin
Thermosetting Acrylic Resin
Thermoplastic Acrylic Resin

Segmentation by Application:
Automotive Coating
Marine Paint
Optical Adhesive Field
Architectural Paint
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BASF
DOW
Nippon Shokubai
Arkema
Eternal Materials
Mitsubishi Chem
Soken
Sanmu
Covestro
DIC
Allnex

Key Questions Addressed in this Report

What is the 10-year outlook for the global Solvent-based Acrylic Resin market?

What factors are driving Solvent-based Acrylic Resin market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Solvent-based Acrylic Resin market opportunities vary by end market size?

How does Solvent-based Acrylic Resin break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.