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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Acrylic Polymer Market: By Solution Type, By Types, By Application, By End-Use Industry, and Geography
Acrylic Polymer Market size was valued at US$ 683.4 Million in 2023 and is poised to grow at a CAGR of 5.8 % over 2024-2030. The acrylic polymer market refers to the global industry involved in the production, distribution, and sale of acrylic polymers, also known as acrylic resins or acrylics. Acrylic polymers are synthetic materials derived from acrylic acid or its derivatives, and they are widely used in various applications due to their excellent properties. These polymers are known for their transparency, high weather resistance, good adhesion, and flexibility. Acrylic polymers find extensive usage in the production of paints and coatings, adhesives, sealants, textiles, plastics, and other consumer and industrial products. Their ability to be easily formulated and modified allows manufacturers to tailor them to meet specific application requirements, leading to their wide adoption in different sectors. The growing demand in the construction and building industry is primarily driving the acrylic polymer market.
Acrylic polymers are widely used in construction materials, including paints, coatings, adhesives, and sealants. The booming construction industry in emerging economies and the increasing demand for eco-friendly and sustainable construction materials drive the use of acrylic polymers. Moreover, the increasing demands in automotive sector further contribute the growth of the acrylic polymer market. Acrylic polymers are used in automotive coatings and adhesives due to their excellent weather resistance, UV stability, and adhesion properties. The growing automotive industry and the trend towards lightweight and high-performance materials in automotive components drive the demand for acrylic polymers. The medical and healthcare sector offers significant opportunities for acrylic polymers, especially in the development of medical-grade materials for surgical instruments, drug delivery systems, and wound dressings. However, potential concerns related to health and environment of using acrylic-based products impedes the expansion of the acrylic polymer market. Key manufacturers embracing different advanced technologies to develop innovative high-performance solutions to cater rising demand from various end-use industries. For instance, in January 2023, EPS - Engineered Polymer Solutions launched EPS 2585, a high-solids waterborne acrylic emulsion that provides the capability to formulate direct-to- metal applications.
Study Period
2024-2030Base Year
2023CAGR
5.8%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The rising demand in textile and nonwoven applications is majorly driving the acrylic polymer market. Acrylic polymers are used in the production of synthetic fibers and fabrics, providing softness, durability, and thermal insulation. The growing demands for synthetic textiles and nonwovens in various industries, including apparel, home textiles, and medical textiles, boosts the acrylic polymer market. Moreover, growing adoption in personal care products is also contributing to the market growth. Acrylic polymers are utilized in hair styling products, gels, and cosmetics for their film-forming and holding properties. The rising beauty and personal care industry and consumer preference for long-lasting and high-performance products drive the demand for acrylic polymers in this sector. Furthermore, ongoing research and development activities aimed at improving the performance and properties of acrylic polymers drive innovation and new product development, expanding the market opportunities.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market CAGR |
5.8% |
By Solution Type |
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By Type |
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By Application |
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By End Users |
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Acrylic polymer market was valued at US$ 683.4 Million in 2023 and is anticipated to grow at a CAGR of 5.8 % over 2024-2030.
Advancements in polymer technology, expansion in emerging markets, and rising investment in research and development is some of the factors that create potential opportunities for the growth of the acrylic polymer market.
The manufacture of high performance acrylic polymers and development of acrylic polymers from renewable sources are some of the major trends in the acrylic polymer market.
BASF SE, The Dow Chemicals Company, Anhui Newman Fine Chemicals Co., Ltd., Arkema S.A., Lubrizol Corporation, Weifang Ruiguang Chemical Co., Ltd., Maxwell Additives Pvt. Ltd., Ashland Global Specialty Chemicals Inc., Sumitomo Seika Chemicals Co. Ltd., Gellner Industrial, LLC, Nippon Shokubai, Total Acrylic Polymer Industry Corp. are a few companies operating in acrylic polymer market.
1.Executive Summary |
2.Global Acrylic Polymer Market Introduction |
2.1.Global Acrylic Polymer Market - Taxonomy |
2.2.Global Acrylic Polymer Market - Definitions |
2.2.1.Solution Type |
2.2.2.Application |
2.2.3.Type |
2.2.4.End Users |
2.2.5.Region |
3.Global Acrylic Polymer Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Acrylic Polymer Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Acrylic Polymer Market By Solution Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Water-Based |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Solvent-Based |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6.Global Acrylic Polymer Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Dentistry |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Cosmetics |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Paints & Coatings |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Adhesives and Sealants |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Cleaning |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Other |
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
7.Global Acrylic Polymer Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Polymethyl Methacrylate |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Sodium Polyacrylate |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Polyvinyl Acetate |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Polyacrylamide |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Others |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8.Global Acrylic Polymer Market By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. Automotive |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Construction |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Paper and Packaging |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Textiles |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Personal Care |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
8.6. Healthcare |
8.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.6.3. Market Opportunity Analysis |
8.7. Consumer Goods |
8.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.7.3. Market Opportunity Analysis |
8.8. Others |
8.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.8.3. Market Opportunity Analysis |
9.Global Acrylic Polymer Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. North America |
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia Pacific (APAC) |
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Middle East and Africa (MEA) |
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Latin America |
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
10.North America Acrylic Polymer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Solution Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Water-Based |
10.1.2.Solvent-Based |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Dentistry |
10.2.2.Cosmetics |
10.2.3.Paints & Coatings |
10.2.4.Adhesives and Sealants |
10.2.5.Cleaning |
10.2.6.Other |
10.3. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Polymethyl Methacrylate |
10.3.2.Sodium Polyacrylate |
10.3.3.Polyvinyl Acetate |
10.3.4.Polyacrylamide |
10.3.5.Others |
10.4. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Automotive |
10.4.2.Construction |
10.4.3.Paper and Packaging |
10.4.4.Textiles |
10.4.5.Personal Care |
10.4.6.Healthcare |
10.4.7.Consumer Goods |
10.4.8.Others |
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.5.1.United States of America (USA) |
10.5.2.Canada |
11.Europe Acrylic Polymer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Solution Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Water-Based |
11.1.2.Solvent-Based |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Dentistry |
11.2.2.Cosmetics |
11.2.3.Paints & Coatings |
11.2.4.Adhesives and Sealants |
11.2.5.Cleaning |
11.2.6.Other |
11.3. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Polymethyl Methacrylate |
11.3.2.Sodium Polyacrylate |
11.3.3.Polyvinyl Acetate |
11.3.4.Polyacrylamide |
11.3.5.Others |
11.4. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.Automotive |
11.4.2.Construction |
11.4.3.Paper and Packaging |
11.4.4.Textiles |
11.4.5.Personal Care |
11.4.6.Healthcare |
11.4.7.Consumer Goods |
11.4.8.Others |
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.5.1.Germany |
11.5.2.France |
11.5.3.Italy |
11.5.4.United Kingdom (UK) |
11.5.5.Spain |
12.Asia Pacific (APAC) Acrylic Polymer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Solution Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Water-Based |
12.1.2.Solvent-Based |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Dentistry |
12.2.2.Cosmetics |
12.2.3.Paints & Coatings |
12.2.4.Adhesives and Sealants |
12.2.5.Cleaning |
12.2.6.Other |
12.3. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Polymethyl Methacrylate |
12.3.2.Sodium Polyacrylate |
12.3.3.Polyvinyl Acetate |
12.3.4.Polyacrylamide |
12.3.5.Others |
12.4. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.Automotive |
12.4.2.Construction |
12.4.3.Paper and Packaging |
12.4.4.Textiles |
12.4.5.Personal Care |
12.4.6.Healthcare |
12.4.7.Consumer Goods |
12.4.8.Others |
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.5.1.China |
12.5.2.India |
12.5.3.Australia and New Zealand (ANZ) |
12.5.4.Japan |
12.5.5.Rest of APAC |
13.Middle East and Africa (MEA) Acrylic Polymer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Solution Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Water-Based |
13.1.2.Solvent-Based |
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Dentistry |
13.2.2.Cosmetics |
13.2.3.Paints & Coatings |
13.2.4.Adhesives and Sealants |
13.2.5.Cleaning |
13.2.6.Other |
13.3. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Polymethyl Methacrylate |
13.3.2.Sodium Polyacrylate |
13.3.3.Polyvinyl Acetate |
13.3.4.Polyacrylamide |
13.3.5.Others |
13.4. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Automotive |
13.4.2.Construction |
13.4.3.Paper and Packaging |
13.4.4.Textiles |
13.4.5.Personal Care |
13.4.6.Healthcare |
13.4.7.Consumer Goods |
13.4.8.Others |
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.5.1.GCC Countries |
13.5.2.South Africa |
13.5.3.Rest of MEA |
14.Latin America Acrylic Polymer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
14.1. Solution Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.1.1.Water-Based |
14.1.2.Solvent-Based |
14.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.2.1.Dentistry |
14.2.2.Cosmetics |
14.2.3.Paints & Coatings |
14.2.4.Adhesives and Sealants |
14.2.5.Cleaning |
14.2.6.Other |
14.3. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.3.1.Polymethyl Methacrylate |
14.3.2.Sodium Polyacrylate |
14.3.3.Polyvinyl Acetate |
14.3.4.Polyacrylamide |
14.3.5.Others |
14.4. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.4.1.Automotive |
14.4.2.Construction |
14.4.3.Paper and Packaging |
14.4.4.Textiles |
14.4.5.Personal Care |
14.4.6.Healthcare |
14.4.7.Consumer Goods |
14.4.8.Others |
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
14.5.1.Brazil |
14.5.2.Mexico |
14.5.3.Rest of LA |
15. Competition Landscape |
15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
15.2.1.BASF SE |
15.2.2.The Dow Chemicals Company |
15.2.3.Anhui Newman Fine Chemicals Co., Ltd. |
15.2.4.Arkema S.A. |
15.2.5.Lubrizol Corporation |
15.2.6.Weifang Ruiguang Chemical Co., Ltd. |
15.2.7.Maxwell Additives Pvt. Ltd. |
15.2.8.Ashland Global Specialty Chemicals Inc. |
15.2.9.Sumitomo Seika Chemicals Co. Ltd. |
15.2.10.Gellner Industrial, LLC |
15.2.11.Nippon Shokubai |
15.2.12.Total Acrylic Polymer Industry Corp. |
16. Research Methodology |
17. Appendix and Abbreviations |
Key Market Players