The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
The global acrylic polymer market size reached USD 591.1 Million in 2021 and is expected to register a revenue CAGR of 6.1% during the forecast period, according to latest analysis by Emergen Research. Increasing usage of high-performance industrial cleaning needs and rapid advancements in industrial technologies, as well as rising demand for sustainable fashion products are driving market revenue growth.
Key participants include Dow, BASF SE, Toagosei Co., Ltd., Sumitomo Seika Chemicals Co., Ltd., Arkema, Nippon Shokubai Co., Ltd., Ashland, Lubrizol Corporation, Chemipol, MCTRON Inc., Nouryon, and Gellner Industrial LLC.
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Drivers:
Several factors contribute to the growth of the Acrylic Polymer market. One primary driver is the increasing demand for eco-friendly and sustainable materials in response to environmental concerns and regulatory initiatives. Acrylic polymers, known for their low volatile organic compound (VOC) emissions and recyclability, offer environmentally responsible alternatives to conventional materials in applications such as water-based paints and green building materials. Additionally, the growing construction and automotive industries drive demand for acrylic-based coatings and adhesives due to their superior performance characteristics and aesthetic appeal.
Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.
Key Objectives of the Global Acrylic Polymer Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Acrylic Polymer Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
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Restraints:
Despite its growth prospects, the Acrylic Polymer market faces certain restraints. One challenge is the volatility of raw material prices, particularly for key feedstocks such as acrylic acid and methacrylate monomers, which can impact production costs and profit margins for manufacturers. Moreover, competition from alternative polymers and substitutes, such as polyvinyl acetate (PVA) and polyurethane, poses a threat to market share, especially in price-sensitive applications where cost-effectiveness is prioritized over performance.
Emergen Research has segmented global acrylic polymer market on the basis of type, application, and region:
· Type Outlook (Revenue, USD Million; 2019-2030)
- Polymethyl Methacrylate
- Sodium Polyacrylate
- Polyvinyl Acetate
- Polyacrylamide
- Others
· Application Outlook (Revenue, USD Million; 2019-2030)
- Dentistry
- Cosmetics
- Paints & Coatings
- Cleaning
- Others
Regional Overview:
The global Acrylic Polymer Market market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Acrylic Polymer Market market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
Global Acrylic Polymer Market Report – Table of Contents:
- Chapter 1 includes the global Acrylic Polymer Market market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Acrylic Polymer Market market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Acrylic Polymer Market market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Acrylic Polymer Market industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
