Insights on the Acrylic Resins Global Industry to 2026 - Extensive Profiles and Recent Developments of Market Players - ResearchAndMarkets.com

DUBLIN--()--The "Acrylic Resins Market 2020-2026" report has been added to ResearchAndMarkets.com's offering.

The global acrylic resins market is estimated to grow significantly during the forecast period.

Significant demand for methacrylates in several applications is driving the growth of the market. A comprehensive range of acrylic paint consists of one or more methacrylate products. This comprises commercial, residential, and industrial paints as well as powder coatings. The methacrylic monomers properties enable the manufacturers of coating polymers to design coatings for use in end-use industries. Paints and coatings to be produced and easily applied using methacrylic monomers, as well as creates a durable protective surface coating that can last longer as it is extremely resistant to sunlight, weather, and other factors.

Further, architectural or decorative coatings account for the largest share of the global surface coatings market. These coatings are appropriate for use on cotton fabrics, aluminum, building surfaces, plastic, glass, steel, metals, paper, metal foils, and wool. Pure acrylic formulations have applications in both exterior and interior applications. Acrylic-based systems possess excellent durability and UV resistance which makes them different from competitive products and especially ideal for exterior coatings.

Geographically, Asia-Pacific is estimated to witness potential growth during the forecast period. As per the India Brand Equity Foundation (IBEF), domestic production of automobiles grew at nearly 2.4% CAGR during the period, 2016-2020 with nearly 26.4 million vehicles being produced in the country in 2020. Foreign automobile companies are expanding their production base in the country. The acrylic coatings properties make them suitable for automotive topcoats, where they offer protection from mechanical and chemical attack and provides a rich gloss effect. Automotive refinish coatings has applications in the repair of commercial vehicles and car bodies. Acrylics can be used in combination with other chemicals to provide a highly durable, gloss coating.

Some key players in the market include BASF SE, Arkema S.A., Evonik Industries AG, The Dow Chemical Co., and Mitsui Chemicals, Inc. The market players are adopting certain strategies including mergers and acquisitions, partnerships and collaborations, and product launches, to gain a competitive advantage. For instance, in April 2019, DIC Corp. acquired Indian resins manufacturer, Ideal Chemi Plast Pvt. Ltd. Ideal Chemi Plast manufactures and sells polyester, acrylic, alkyd, and other resins for applications in coil and wood, automotive refinish coatings and others. This acquisition will enable DIC to increase its position in the Indian market.

The Report Covers

  • Comprehensive research methodology of the global acrylic resins market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global acrylic resins market.
  • Insights about market determinants which are stimulating the global acrylic resins market.
  • Detailed and extensive market segments with regional distribution of forecast revenues.
  • Extensive profiles and recent developments of market players.

Key Topics Covered:

1. Report Summary

2. Market Overview and Insights

3. Competitive Landscape

3.1. Company Share Analysis

3.2. Key Strategy Analysis

3.3. Key Company Analysis

3.3.1. BASF SE

3.3.1.1. Overview

3.3.1.2. Financial Analysis

3.3.1.3. SWOT Analysis

3.3.1.4. Recent Developments

3.3.2. Arkema S.A.

3.3.2.1. Overview

3.3.2.2. Financial Analysis

3.3.2.3. SWOT Analysis

3.3.2.4. Recent Developments

3.3.3. Evonik Industries AG

3.3.3.1. Overview

3.3.3.2. Financial Analysis

3.3.3.3. SWOT Analysis

3.3.3.4. Recent Developments

3.3.4. The Dow Chemical Co.

3.3.4.1. Overview

3.3.4.2. Financial Analysis

3.3.4.3. SWOT Analysis

3.3.4.4. Recent Developments

3.3.5. Mitsui Chemicals, Inc.

3.3.5.1. Overview

3.3.5.2. Financial Analysis

3.3.5.3. SWOT Analysis

3.3.5.4. Recent Developments

4. Market Determinants

4.1 Motivators

4.2 Restraints

4.3 Opportunities

5. Market Segmentation

5.1. Global Acrylic Resins Market by Type

5.1.1. Acrylate

5.1.2. Methacrylate

5.1.3. Hybrid

5.2. Global Acrylic Resins Market by Application

5.2.1. Paints and Coatings

5.2.2. Plastics

5.2.3. Construction

5.2.4. Textile

5.2.5. Consumer Goods

5.2.6. Adhesives

5.2.7. Others

6. Regional Analysis

6.1. North America

6.2. Europe

6.3. Asia-Pacific

6.4. Rest of the World

7. Company Profiles

7.1. Air Products and Chemicals, Inc.

7.2. Arkema S.A.

7.3. Asahi Kasei Corp.

7.4. BASF SE

7.5. Cargill, Inc.

7.6. DIC Corp.

7.7. Eastman Chemical Co.

7.8. Evonik Industries AG

7.9. Henkel AG & Co. KGaA

7.10. Hexion Inc.

7.11. Hitachi Chemical Co., Ltd.

7.12. Kamsons Chemicals Pvt. Ltd.

7.13. Mitsubishi Chemical Corp.

7.14. Mitsui Chemicals, Inc.

7.15. Nippon Shokubai Co., Ltd.

7.16. Novozymes A/S

7.17. Solvay S.A.

7.18. Sumitomo Chemical Co., Ltd.

7.19. The Dow Chemical Co.

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900