Acrylic Resins Market by Chemistry, Property, Solvency, Application, End-use Industry (Building & Construction, Industrial, Paper & Paperboard, Consumer Goods, Electrical & Electronics, and Packaging), and Region - Global Forecast to 2030
The acrylic resins market is expected to reach USD 28.55 billion by 2030 from USD 21.89 billion in 2025, at a CAGR of 5.8% during the forecast period.
Scope of the Report
Years Considered for the Study
2022-2030
Base Year
2024
Forecast Period
2025-2030
Units Considered
Value (USD Million) / Volume (Kilotons)
Segments
Chemistry, Property, Solvency, Application, End-use industry, and Region
Regions covered
North America, Asia Pacific, Europe, the Middle East & Africa, and South America
The acrylic resins market is witnessing solid growth opportunities, partly fueled by an increasing demand for durable, sustainable, and high-performance materials in a variety of sectors, including construction, automotive, and electronics. Acrylic resins are beneficial for coatings and adhesives because they increase durability, yield attractive color and glossy finish, act as excellent weathering and UV radiation resistant barriers, and have inherently excellent resistance to other chemicals.
As new issues are introduced to the market, regulatory bodies such as the U.S. Environmental Protection Agency (EPA) and the European Chemicals Agency (ECHA) are now restricting the amounts of volatile organic compounds (VOCs) and hazardous materials allowed within resin systems. To address this issue, the manufacturers of acrylic resins are developing and introducing sustainable, low-VOC, and waterborne acrylic-style resins. In concentrating on and regulating VOCs, this focus has certainly allowed green chemistry to advance more rapidly and more environmentally sensitive products to be developed. In addition, industry demand will continually elevate innovative smart formulation technologies, such as self-healing systems, antimicrobial acrylic coatings, etc. As industries continue to focus (and be legally obligated with stricter regulations) on environmental compliance and durability and performance, it is thought that acrylates and acrylics will be a component of the matrix of the future.
"The building & construction segment accounted for the largest share of the acrylic resins market in 2024."
In 2024, the acrylic resins market was led by the building and construction sector, driven by a rise in durable, weather-resistant coatings, adhesives, and sealants used in residential, commercial, and infrastructure projects. There is growing construction activity worldwide, and acrylic resins offer an overall ecological benefit in terms of stability against UV radiation (sunlight), color retention, flexibility, wear resistance, and durability-all of which are crucial for exterior paints and protective coatings when long-term performance is needed. The ongoing trend of global urbanization and increased infrastructure investment, especially in developing economies, has created significant opportunities for the continued application of acrylic-based materials in construction. Where stricter environmental regulations favor low-VOC and waterborne acrylics across all segments of building and construction, product adoption based on acrylic resin is higher.
"Water-based acrylic resins dominated the market by solvency type in 2024."
Waterborne acrylics held the largest portion of the acrylic resins market in 2024, with increased biodiversity protections from regulators and environmentalists and increasing restrictions on solvent-based products. Waterborne acrylics possess lower VOC emissions than solvent-based acrylics and have better environmental and health profiles, while maintaining performance properties, including adhesion and durability. They are used extensively in architectural coatings, sealants, and adhesives, where sustainability and safe compliance with environmental regulations are very important. Manufacturers' and end users' systemic transition to sustainable, environmentally friendly products has contributed to the increased popularity of water-based acrylic resin formulations worldwide.
"North America dominated the regional market for acrylic resins market in 2024."
In 2024, North America accounted for the largest share of the acrylic resins market. The industrial sector is relatively mature, including automotive, construction, and electronics manufacturing. North America has some of the strictest environmental regulations, including low-VOC requirements from the EPA, which lends a mindset to accelerate the use of advanced waterborne and otherwise environmentally friendly acrylic resin formulations. In addition, robust demand for high-performance coatings, adhesives, and sealants in new construction and aftermarket refinishing drives market growth. Additionally, the presence of the largest chemical manufacturers and commitment to investment in research & development help solidify North America's position as the largest acrylic resins market in the world.
By Company Type: Tier 1: 25%, Tier 2: 42%, and Tier 3: 33%
By Designation: C-level Executives: 20%, Directors: 30%, and Other Designations: 50%
By Region: North America: 20%, Europe: 10%, Asia Pacific: 40%, South America: 10%, and Middle East & Africa 20%
Notes: Other designations include sales, marketing, and product managers.
Tier 1: >USD 1 Billion; Tier 2: USD 500 million-1 Billion; and Tier 3: <USD 500 million
Companies Covered: BASF (Germany), Dow (US), Mitsubishi Chemical Group Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), Arkema (France), DIC CORPORATION (Japan), Covestro AG (Germany), Mitsui Chemicals, Inc. (Japan), Trinseo (US), and Asahi Kasei Corporation (Japan) are covered in the report.
The study includes an in-depth competitive analysis of these key players in the acrylic resins market, with their company profiles, recent developments, and key market strategies.
Research Coverage
This research report categorizes the acrylic resins market based on Chemistry (Methacrylates, Acrylates, and Hybrid), Solvency (Solvent based and Water based), Property (thermosetting and thermoplastics), application ( Paints & Coatings, Adhesives & Sealants, DIY Coatings, and Elastomers ), end-use industry (Building & Construction, Industrial, Paper & Paperboard, Consumer Goods, Electrical & Electronics, Packaging), and Region (Asia Pacific, North America, Europe, South America, and Middle East & Africa). The report's scope covers detailed information regarding the drivers, restraints, challenges, and opportunities influencing the growth of the acrylic resins market. A detailed analysis of the key industry players has been done to provide insights into their business overview, products offered, and key strategies, such as partnerships, collaborations, mergers, acquisitions, product launches, and expansions, associated with the acrylic resins market. This report covers a competitive analysis of upcoming startups in the acrylic resins market ecosystem.
Reasons to Buy the Report
The report will offer the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall acrylic resins market and the subsegments. This report will help stakeholders understand the competitive landscape, gain more insights into positioning their businesses better, and plan suitable go-to-market strategies. The report will help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights into the following points:
Assessing the major drivers (increased global vehicle production and electric vehicle adoption boost acrylic resin demand, rising infrastructure and construction activities, and growing demand for acrylic resins in adhesives and sealants given superior bonding performance), restraints (volatile raw material and resin prices due to crude oil price fluctuations, environmental concerns regarding low biodegradability of acrylic resins coming into play with disposal), opportunities (rapid growth of photopolymer and 3D-printing resin uses and growing market for bio-based and sustainable resin alternatives), and challenges (stringent environmental regulations and related compliance costs).
Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and product & service launches in the acrylic resins market.
Market Development: Comprehensive information about profitable markets - the report analyzes the acrylic resins market across varied regions.
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the acrylic resins market.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as BASF (Germany), Dow (US), Mitsubishi Chemical Group Corporation (Japan), Sumitomo Chemical Co., Ltd. (Japan), Arkema (France), DIC CORPORATION (Japan), Covestro AG (Germany), Mitsui Chemicals, Inc. (Japan), Trinseo (US), and Asahi Kasei Corporation (Japan), among others
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.3.4 CURRENCY CONSIDERED
1.3.5 UNITS CONSIDERED
1.4 LIMITATIONS
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of interviews with experts
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 GROWTH RATE ASSUMPTIONS/FORECAST
2.5.1 SUPPLY SIDE
2.5.2 DEMAND SIDE
2.6 RISK ASSESSMENT
2.7 LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ACRYLIC RESINS MARKET
4.2 ASIA PACIFIC: ACRYLIC RESINS MARKET, BY END-USE INDUSTRY AND COUNTRY
4.3 ACRYLIC RESINS MARKET, BY CHEMISTRY
4.4 ACRYLIC RESINS MARKET, BY SOLVENCY
4.5 ACRYLIC RESINS MARKET, BY PROPERTY
4.6 ACRYLIC RESINS MARKET, BY APPLICATION
4.7 ACRYLIC RESINS MARKET, BY END-USE INDUSTRY
4.8 ACRYLIC RESINS MARKET, BY COUNTRY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Rising global vehicle production and adoption of EVs
5.2.1.2 Increasing infrastructural and construction activities
5.2.1.3 Expanding use in adhesives and sealants due to strong bonding properties
5.2.2 RESTRAINTS
5.2.2.1 Fluctuating prices of raw materials and resins
5.2.2.2 Environmental concerns over limited biodegradability of acrylic resins
5.2.3 OPPORTUNITIES
5.2.3.1 Rapid expansion of photopolymer and 3D-printing resin applications
5.2.3.2 Expanding market for bio-based and sustainable resin alternatives
5.2.4 CHALLENGES
5.2.4.1 Stringent environmental regulations and compliance burdens
6 INDUSTRY TRENDS
6.1 PORTER'S FIVE FORCES ANALYSIS
6.1.1 BARGAINING POWER OF SUPPLIERS
6.1.2 BARGAINING POWER OF BUYERS
6.1.3 INTENSITY OF COMPETITIVE RIVALRY
6.1.4 THREAT OF NEW ENTRANTS
6.1.5 THREAT OF SUBSTITUTES
6.2 KEY STAKEHOLDERS AND BUYING CRITERIA
6.2.1 KEY STAKEHOLDERS IN BUYING PROCESS
6.2.2 BUYING CRITERIA
6.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
6.4 ECOSYSTEM ANALYSIS
6.5 VALUE CHAIN ANALYSIS
6.6 REGULATORY LANDSCAPE
6.6.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.6.2 REGULATIONS
6.6.2.1 IS 14765 (2000) - Specification for Acrylic Resin for Surface Coatings
6.6.2.2 ASTM D5095 - Standard Specification for Acrylic Emulsion for Textured Coatings
6.6.2.3 UN GHS - Globally Harmonized System of Classification and Labeling of Chemicals
6.6.2.4 OSHA Hazard Communication Standard (29 CFR 1910.1200)
6.6.2.5 REACH Regulation (EC) No. 1907/2006 - Registration, Evaluation, Authorization and Restriction of Chemicals
6.7 TRADE ANALYSIS
6.7.1 IMPORT SCENARIO (HS CODE 3906)
6.7.2 EXPORT SCENARIO (HS CODE 3906)
6.8 PRICING ANALYSIS
6.8.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY END-USE INDUSTRY, 2024
6.8.2 AVERAGE SELLING PRICE TREND, BY REGION, 2024-2030
6.9 TECHNOLOGY ANALYSIS
6.9.1 KEY TECHNOLOGIES
6.9.1.1 Solution polymerization technology
6.9.1.2 Emulsion polymerization technology
6.9.2 COMPLEMENTARY TECHNOLOGIES
6.9.2.1 UV-curable acrylic systems
6.9.2.2 Controlled Radical Polymerization (CRP)
6.9.3 ADJACENT TECHNOLOGIES
6.9.3.1 Bio-based acrylic resin technology
6.9.3.2 Nanocomposite and hybrid acrylic materials
6.10 PATENT ANALYSIS
6.10.1 METHODOLOGY
6.10.2 DOCUMENT TYPES
6.10.3 INSIGHTS
6.10.4 LEGAL STATUS OF PATENTS
6.10.5 JURISDICTION ANALYSIS
6.11 CASE STUDY ANALYSIS
6.11.1 DURABLE ROAD MARKING SYSTEM USING METHYL METHACRYLATE (MMA)-BASED ACRYLIC RESIN
6.11.2 UV-CURABLE ACRYLIC RESIN COATINGS FOR AUTOMOTIVE INTERIORS
6.11.3 ACRYLIC RESIN-BASED PROTECTIVE COATING FOR OFFSHORE WIND TURBINE BLADES
6.11.4 ACRYLIC RESIN FLOOR COATING IN FOOD PROCESSING FACILITY
6.12 KEY CONFERENCES AND EVENTS, 2025-2026
6.13 INVESTMENT AND FUNDING SCENARIO
6.14 IMPACT OF GEN AI/AI ON ACRYLIC RESINS MARKET
6.14.1 AI IN ACRYLIC RESIN MANUFACTURING AND PROCESS OPTIMIZATION
6.14.2 AI-DRIVEN QUALITY CONTROL AND COMPUTER VISION
6.14.3 GEN AI FOR FORMULATION DESIGN AND R&D ACCELERATION
6.15 MACROECONOMIC ANALYSIS
6.15.1 INTRODUCTION
6.15.2 GDP TRENDS AND FORECASTS
6.16 IMPACT OF 2025 US TARIFF ON ACRYLIC RESINS MARKET