Market Overview:
The global acrylic enamels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automotive and construction applications, and rising awareness about the benefits of using acrylic enamels over traditional paints. Based on type, the global acrylic enamels market is segmented into styrene acrylic emulsion, copolymer acrylic, and others. The styrene acrylic emulsion segment is expected to account for a major share of the global market in 2018 owing to its superior properties such as durability, weather resistance, and colorfastness. Based on application, the global market is divided into construction, automotive OEM & refinish coatings (non-metallic), furniture coatings & finishes (wooden), ancillaries (coat hangers/hooks/racks), and others segments. The construction application segment accounted for a major share of the overall market in 2017 due to increasing demand from developing countries such as China and India.
Product Definition:
Acrylic Enamels are a type of paint that is used to create a decorative finish on metal, glass, or ceramics. Acrylic Enamels are important because they can be used to create a wide variety of finishes, and they are durable and weather-resistant.
Styrene Acrylic Emulsion:
Styrene acrylic emulsion is a type of polymer-based paint that contains styrene and acrylic in an equal amount. It has low viscosity, which makes it suitable for use as a coating material on various substrates such as wood, metal, plastic and glass. The product also offers high resistance to water & solvents and excellent adhesion to the substrate.
Copolymer Acrylic:
Copolymer acrylic is a kind of synthetic water-soluble polymer, which contains more than one kind of monomer units. Copolymer acrylic can be produced through both natural and synthetic sources. The most commonly used raw materials for the production of copolymer are vinyl acetate, ethylene, and methacrylic acid.
Application Insights:
The construction application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The product has several advantages including high-temperature stability, chemical resistance, and good mechanical properties which make it suitable for use in various construction applications such as pipes, boilers & turbines, tanks & reservoirs.
Acrylic enamel paints are used for coating electrical equipment due to their excellent heat resistance property. They can be used on aluminum extrusions that are used in household appliances owing to its anti-corrosion characteristics. These paints also have a high affinity with metals such as magnesium and calcium making them ideal for use on metal surfaces such as refrigerators and air conditioners where corrosion may occur due to contact with moisture or water vapor containing trace elements like sodium or potassium hydroxide or carbonates etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction spending, which has resulted in increased production of paints & coatings, as well as ancillaries. In addition, rising automotive production and investments in infrastructure are likely to drive product demand further.
The industry outlook for Europe is positive on account of growing demand from end-use industries such as automotive and construction coupled with supportive macroeconomic factors such as low unemployment rate and high disposable income that will result in increased consumption of consumer goods including cars & trucks. However, stringent environmental regulations by various regulatory bodies regarding VOC emissions from varnishes are expected to pose a challenge for manufacturers over the next eight years.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of acrylic enamels among DIY enthusiasts
- Rising awareness about the benefits of acrylic enamels over traditional paints
- Technological advancements in the manufacturing process of acrylic enamels
- Growing demand for environmentally friendly products
Scope Of The Report
Report Attributes
Report Details
Report Title
Acrylic Enamels Market Research Report
By Type
Styrene Acrylic Emulsion, Copolymer Acrylic, Others
By Application
Construction, Automotive, Furniture, Ancillaries, Others
By Companies
Nippon Paint, PPG Industries, BASF, Asian Paints, Solvay, Taubmans, Sherwin-Williams, Noroo Paint & Coatings, Thompson Enamel, Nippon Paint
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Acrylic Enamels Market Report Segments:
The global Acrylic Enamels market is segmented on the basis of:
Types
Styrene Acrylic Emulsion, Copolymer Acrylic, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Automotive, Furniture, Ancillaries, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nippon Paint
- PPG Industries
- BASF
- Asian Paints
- Solvay
- Taubmans
- Sherwin-Williams
- Noroo Paint & Coatings
- Thompson Enamel
- Nippon Paint
Highlights of The Acrylic Enamels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Styrene Acrylic Emulsion
- Copolymer Acrylic
- Others
- By Application:
- Construction
- Automotive
- Furniture
- Ancillaries
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acrylic Enamels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Acrylic enamels are a type of paint that is made from a polymer and an organic solvent. The polymer helps to form the film or coating on the surface, while the organic solvent helps to dissolve the pigment. Acrylic enamels can be used for a variety of applications, including painting, sculpture, and photography.
Some of the major companies in the acrylic enamels market are Nippon Paint, PPG Industries, BASF, Asian Paints, Solvay, Taubmans, Sherwin-Williams, Noroo Paint & Coatings, Thompson Enamel, Nippon Paint.
The acrylic enamels market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acrylic Enamels Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Acrylic Enamels Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Acrylic Enamels Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Acrylic Enamels Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Acrylic Enamels Market Size & Forecast, 2018-2028 4.5.1 Acrylic Enamels Market Size and Y-o-Y Growth 4.5.2 Acrylic Enamels Market Absolute $ Opportunity
Chapter 5 Global Acrylic Enamels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Acrylic Enamels Market Size Forecast by Type
5.2.1 Styrene Acrylic Emulsion
5.2.2 Copolymer Acrylic
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Acrylic Enamels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Acrylic Enamels Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Automotive
6.2.3 Furniture
6.2.4 Ancillaries
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acrylic Enamels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acrylic Enamels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Acrylic Enamels Analysis and Forecast
9.1 Introduction
9.2 North America Acrylic Enamels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Acrylic Enamels Market Size Forecast by Type
9.6.1 Styrene Acrylic Emulsion
9.6.2 Copolymer Acrylic
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Acrylic Enamels Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Automotive
9.10.3 Furniture
9.10.4 Ancillaries
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Acrylic Enamels Analysis and Forecast
10.1 Introduction
10.2 Europe Acrylic Enamels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Acrylic Enamels Market Size Forecast by Type
10.6.1 Styrene Acrylic Emulsion
10.6.2 Copolymer Acrylic
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Acrylic Enamels Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Automotive
10.10.3 Furniture
10.10.4 Ancillaries
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Acrylic Enamels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Acrylic Enamels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Acrylic Enamels Market Size Forecast by Type
11.6.1 Styrene Acrylic Emulsion
11.6.2 Copolymer Acrylic
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Acrylic Enamels Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Automotive
11.10.3 Furniture
11.10.4 Ancillaries
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Acrylic Enamels Analysis and Forecast
12.1 Introduction
12.2 Latin America Acrylic Enamels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Acrylic Enamels Market Size Forecast by Type
12.6.1 Styrene Acrylic Emulsion
12.6.2 Copolymer Acrylic
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Acrylic Enamels Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Automotive
12.10.3 Furniture
12.10.4 Ancillaries
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Acrylic Enamels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Acrylic Enamels Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Acrylic Enamels Market Size Forecast by Type
13.6.1 Styrene Acrylic Emulsion
13.6.2 Copolymer Acrylic
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Acrylic Enamels Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Automotive
13.10.3 Furniture
13.10.4 Ancillaries
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acrylic Enamels Market: Competitive Dashboard
14.2 Global Acrylic Enamels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nippon Paint
14.3.2 PPG Industries
14.3.3 BASF
14.3.4 Asian Paints
14.3.5 Solvay
14.3.6 Taubmans
14.3.7 Sherwin-Williams
14.3.8 Noroo Paint & Coatings
14.3.9 Thompson Enamel
14.3.10 Nippon Paint