Global Acrylic Resin Market 2017-2021

  • ID: 4392603
  • Report
  • Region: Global
  • 80 pages
  • TechNavio
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FEATURED COMPANIES

  • Arkema
  • Asahi Kasei Corporation
  • BASF
  • DIC Corporation
  • Evonik Industries
  • Hitachi Chemical
  • MORE
About Acrylic Resin

Acrylic resins are a group of thermoplastic or thermosetting resins, derived from acrylic acids. These thermoplastic materials are produced by the polymerization of methacrylic acid esters or acrylic acid esters. Methyl methacrylate is considered to be the primary acrylic resin, which accounts for the major share in the global market. The demand for the acrylic resin is increasing in developing countries like India, Brazil, China, and Mexico, due to their increasing use in the paints and coatings industry, providing a glossy finish. In addition, its sustainability in different weather conditions will lead to an increase in the demand for acrylic resins in the forecast period.

The analysts forecast the global acrylic resin market to grow at a CAGR of 4.41% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global acrylic resin market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • North America
  • APAC
  • Europe
  • ROW
The report, Global Acrylic Resin Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Arkema
  • BASF
  • Evonik Industries
  • Mitsui Chemicals
  • The Dow Chemical Company
Other prominent vendors
  • Air Products and Chemicals
  • Asahi Kasei Corporation
  • DIC Corporation
  • Hitachi Chemical
  • NIPPON SHOKUBAI
  • Sumitomo Chemical
Market drivers
  • Increasing demand from the construction industry
  • For a full, detailed list, view the full report
Market challenges
  • Volatile price of raw materials
  • For a full, detailed list, view the full report
Market trends
  • Emergence of bio-based acrylic resin
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Arkema
  • Asahi Kasei Corporation
  • BASF
  • DIC Corporation
  • Evonik Industries
  • Hitachi Chemical
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global acrylic resin market by application
  • Global acrylic resin market for paints and coatings
  • Global acrylic resin market for construction
  • Global acrylic resin market for textile and fiber
  • Global acrylic resin market for plastics
  • Global acrylic resin market for adhesives
  • Global acrylic resin market for others
PART 07: Geographical segmentation
  • Global acrylic resin market by region
  • Acrylic resin market in APAC
  • Acrylic resin market in North America
  • Acrylic resin market in Europe
  • Acrylic resin market in ROW
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Emergence of bio-based acrylic resin
  • Growing investment in R&D
  • Rapid economic growth in APAC
PART 11: Vendor landscape
  • Competitive landscape
  • Key market vendors
  • Other prominent vendors
PART 12: Key vendor analysis
  • Arkema
  • BASF
  • Evonik Industries
  • Mitsui Chemicals
  • The Dow Chemical Company
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Properties of acrylic resin
Exhibit 02: Global acrylic resin market 2016 and 2021 ($ millions)
Exhibit 03: Market forecast: Global acrylic resin market 2016-2021
Exhibit 04: Global expenditure in infrastructure by emerging economies by 2019 (% share)
Exhibit 05: Five forces analysis
Exhibit 06: Global acrylic resin market by application 2016 (% share of revenue)
Exhibit 07: Global acrylic resin market by application 2021 (% share of revenue)
Exhibit 08: Global acrylic resin market for paints and coatings 2016 and 2021 ($ millions)
Exhibit 09: Market forecast: Global acrylic resin market for paints and coatings 2016-2021
Exhibit 10: Global acrylic resin market for construction 2016 and 2021 ($ millions)
Exhibit 11: Market forecast: Global acrylic resin market for construction 2016-2021
Exhibit 12: Global acrylic resin market for textile and fiber 2016 and 2021 ($ millions)
Exhibit 13: Market forecast: Global acrylic resin market for textile and fiber 2016-2021
Exhibit 14: Global acrylic resin market for plastics 2016 and 2021 ($ millions)
Exhibit 15: Market forecast: Global acrylic resin market for plastics 2016-2021
Exhibit 16: Global acrylic resin market for adhesives 2016 and 2021 ($ millions)
Exhibit 17: Market forecast: Global acrylic resin market for adhesives 2016-2021
Exhibit 18: Global acrylic resin market for others 2016 and 2021 ($ millions)
Exhibit 19: Market forecast: Global acrylic resin market for others 2016-2021
Exhibit 20: Global acrylic resin market by region 2016 (% share)
Exhibit 21: Global acrylic resin market by region 2021 (% share)
Exhibit 22: Acrylic resin market in APAC 2016 and 2021 ($ millions)
Exhibit 23: Market forecast: Acrylic resin market in APAC 2016-2021
Exhibit 24: Acrylic resin market in North America 2016 and 2021 ($ millions)
Exhibit 25: Market forecast: Acrylic resin market in North America 2016-2021
Exhibit 26: Acrylic resin market in Europe 2016 and 2021 ($ millions)
Exhibit 27: Market forecast: Acrylic resin market in Europe 2016-2021
Exhibit 28: Acrylic resin market in ROW 2016 and 2021 ($ millions)
Exhibit 29: Market forecast: Acrylic resin market in ROW 2016-2021
Exhibit 30: Global construction market by value ($ trillion)
Exhibit 31: Key market vendors
Exhibit 32: Other prominent vendors
Exhibit 33: Arkema: Business segmentation by revenue 2016 (% share)
Exhibit 34: Arkema: Geographical segmentation by revenue 2016 (% share)
Exhibit 35: BASF: Business segmentation by revenue 2016 (% share)
Exhibit 36: BASF: Geographical segmentation by revenue 2016 (% share)
Exhibit 37: Evonik Industries: Business segmentation by revenue 2016 (% share)
Exhibit 38: Evonik Industries: Geographical segmentation by revenue 2016 (% share)
Exhibit 39: Mitsui Chemicals: Business segmentation by revenue 2016 (% share)
Exhibit 40: Mitsui Chemicals: Geographical segmentation by revenue 2016 (% share)
Exhibit 41: The Dow Chemical Company: Business segmentation by revenue 2016 (% share)
Exhibit 42: The Dow Chemical Company: Geographical segmentation by revenue 2016 (% share)
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FEATURED COMPANIES

  • Arkema
  • Asahi Kasei Corporation
  • BASF
  • DIC Corporation
  • Evonik Industries
  • Hitachi Chemical
  • MORE
New Report Released: – Global Acrylic Resin Market 2017-2021

The author of the report recognizes the following companies as the key players in the global acrylic resin market: Arkema, BASF, Evonik Industries, Mitsui Chemicals, and The Dow Chemical Company.

Other Prominent Vendors in the market are: Air Products and Chemicals, Asahi Kasei Corporation, DIC Corporation, Hitachi Chemical, NIPPON SHOKUBAI, and Sumitomo Chemical.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Emergence of bio-based acrylic resin. The commercialization and production of bio-based acrylic resin have increased and this will result in the growth of the acrylic resin market, in future. Bio-based products, produced by using bio-based feedstock, are anticipated to enhance the global acrylic resin market in the near future. Moreover, this bio-based acrylic resin reduces the dependence on fossil resources, resulting in the reduction of greenhouse gas (GHG) emission. Due to the environmental regulations in Germany, most of the industries such as construction and plastic, prefer to use bio-based acrylic resin; this drives the growth of the acrylic resin market.”

According to the report, one of the major drivers for this market is Increasing demand from the construction industry. The MEA is expected to grow at a faster rate from 2016 to 2021, leading to a massive investment in construction segment, which will drive the acrylic resin market. In addition, the increase in population in the MEA countries will witness enormous growth in infrastructural developments in Qatar, the UAE, and Saudi Arabia. Moreover, the FIFA World Cup 2022 will be hosted for the first time in the ME, which will mark the increase in demand for hotel and transportation networks.

Further, the report states that one of the major factors hindering the growth of this market is Volatile price of raw materials. Fossil fuels play a significant role in the production of plastic. The constant fluctuation in the price of crude oil has an impact on the products that are derived from crude oil, which is used in the manufacture of acrylic resin, thereby posing a challenge to manufacturers of acrylic resin. The petrochemical feedstocks for most plastic resins are produced as by-products of oil and natural gas processing.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Arkema
  • BASF
  • Evonik Industries
  • Mitsui Chemicals
  • The Dow Chemical Company
  • Air Products and Chemicals
  • Asahi Kasei Corporation
  • DIC Corporation
  • Hitachi Chemical
  • NIPPON SHOKUBAI
  • Sumitomo Chemical
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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