According to the Market Statsville Group, the global acrylic resins market size is expected to grow from USD 19,783.2 million in 2021 to USD 29,677.1 million by 2030, at a CAGR of 5.2% from 2022 to 2030.Below information is analyzed in depth in the report-
Global Acrylic Resins Market Revenue, 2018-2023, 2024-2033, (US$ Millions)
Global Acrylic Resins Market Sales Volume, 2018-2023, 2024-2033, (Units)
Share of the top five Acrylic Resins companies in 2023 (%)
Market Growth Mapping
Qualitative and quantitative methodologies were utilized in the process of market growth mapping. The report offers an extensive examination of market dynamics, including a thorough assessment of the primary factors that drive market expansion, challenges encountered by industry participants, and forthcoming trends that indicate recent development. Prospects for investment and expansion are discerned via a comprehensive SWOT analysis, which evaluates the market’s strengths, weakness, opportunities, and threats. The PESTEL analysis, which investigates the technological, environmental, political, economic, and social factors that influence the industry, provides additional depth of analysis. Furthermore, the report incorporates an analysis of PORTER'S 5 forces, which provides valuable perspectives on the sector's profitability and competitive intensity. Moreover, the report covers regulatory landscape, COVID-19 impact analysis, customer sentiment and behavior, trade analysis, supply-demand analysis, and the influence of government policies and other macroeconomic factors.
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Acrylic Resins Market Segmentation:
This study offers a thorough segmentation of the Acrylic Resins market based on an in-depth examination of the product portfolios and customers of key regional and global market players. By means of a comprehensive examination, we offer detailed perspectives on market segmentation, assisting stakeholders in comprehending the diverse aspects and variables that impact the Acrylic Resins market.
By Type Outlook (Sales/Revenue, USD Million, 2017-2030)
Water-based
Solvent-based
Others
By Application Outlook (Sales/Revenue, USD Million, 2017-2030)
Paints & Coatings
Adhesives & Sealants
Others
By End-Users Outlook (Sales/Revenue, USD Million, 2017-2030)
Building & Construction
Automotive
Electronics
Packaging
Others
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The key companies covered in the market report are:
The acrylic resins market is consolidated in nature with few players such as BASF SE, The Dow Chemical Company, Arkema, Mitsubishi Chemical Holdings, Sumitomo Chemical, DIC Corporation, and DSM.
These players have been adopting various strategies to gain higher share or to retain leading positions in the market. Acquisition is the most adopted strategy by players such as Show Denko, Mitsubishi Chemical, Arkema, and DIC.