Market Overview:
The global acrylic latex market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for acrylic latex in paints and coatings applications, owing to its properties such as durability, weather resistance, and colorfastness. In addition, the growing construction industry is also fueling the demand for acrylic latex globally. Based on type, the global acrylic latex market can be segmented into fluid acrylics, heavy-body acrylics, and others. Fluid acrylics are used in a wide range of applications such as exterior wall coating, waterproof coating, glass decoration coating,, and other applications. Heavy-body acryllics are used mainly in paints and coatings application owing to their properties such as good film formation and adhesion.
Product Definition:
A synthetic rubber, usually white, used in paints, adhesives and other products. It is made by polymerizing a monomer (e.g., methyl methacrylate) in the presence of an initiator (e.g., benzoyl peroxide) and a catalyst (e.g., tetramethyllead).
Fluid Acrylics:
Fluid acrylics is a type of acrylic resin that can be either water-based or solvent-based. They are used to paint over certain materials such as wood, concrete, metal and plastic. Fluid acrylics have low viscosity compared to their solid counterparts and they also dry faster; this property makes them suitable for use in applications where rapid drying is desired.
The global fluid acrylic market size was valued at USD 1.91 billion in 2016.
Heavy-Body Acrylics:
Heavy-body acrylics are a type of synthetic organic polymer, which is manufactured by the catalytic polymerization of butane. They have properties similar to that of natural acrylics and are used in paints & coatings, printing inks, and adhesives. The global market for heavy-body acrylics has seen steady growth over the past few years owing to its increasing demand from various end-use industries including construction and automotive among others.
Application Insights:
Exterior wall coating application led the global market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to rising demand for highly durable, low maintenance coatings with superior weather resistance that are used on a wide range of buildings including residential, commercial and industrial structures. In addition, rising awareness regarding energy efficiency among consumers is likely to promote the use of environment-friendly products such as acrylic latex which in turn will fuel growth over the next eight years.
Waterproof coating application segment accounted for more than 20% share of total revenue in 2017 owing to increasing consumer spending on waterproofing solutions that are essential during construction activities across various regions globally. Moreover, growing emphasis towards enhancing building aesthetics coupled with an increase in consumer disposable income levels has resulted in increased consumption of waterproofers worldwide which is expected to continue driving growth from 2018 through 2030.
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 activities, coupled with growing consumer disposable income levels. Furthermore, government initiatives encouraging FDI are likely to contribute toward industry growth in countries such as China and India.
The European market for acrylic latex is anticipated to witness a significant rise over the forecast period owing to an increase in demand from architectural end-use industries due to recovery of economies such as Germany, Italy and Spain from economic recession caused by pandemic COVID-19. In addition, rising popularity of water based paints & coatings among consumers owing their sustainability attributes is projected favorably impact industry dynamics across this region during the same period.
Growth Factors:
- Increasing demand from the construction industry for coatings, sealants, and adhesives
- Rising demand from the automotive industry for coatings and sealants
- Growing use of acrylic latex in paints and coatings
- Increasing demand for water-based products over solvent-based products
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Acrylic Latex Market Research Report
By Type
Fluid Acrylics, Heavy-Body Acrylics, Others
By Application
Exterior Wall Coating, Waterproof Coating, Glass Decoration Coating, Other
By Companies
Henkel Corporation, Sanchem, Sherwin-Williams Protective & Marine Coatings, Aervoe Industries Incorporated (Mfg.), All-Spec Industries (Dist.), Coatings For Industry, Inc. (Mfg.), Columbia Chemical Corporation, Crosslink, Dampney Company, Dryvit UK, Henkel Corporation, Hernon Manufacturing, PPG TrueFinish, Sauereisen, Sherwin-Williams, Tnemec Company, Valspar High Performance Architectural Coatings, Applied Industrial Technologies
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Acrylic Latex Market Report Segments:
The global Acrylic Latex market is segmented on the basis of:
Types
Fluid Acrylics, Heavy-Body Acrylics, 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
Exterior Wall Coating, Waterproof Coating, Glass Decoration Coating, Other
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:
- Henkel Corporation
- Sanchem
- Sherwin-Williams Protective & Marine Coatings
- Aervoe Industries Incorporated (Mfg.)
- All-Spec Industries (Dist.)
- Coatings For Industry, Inc. (Mfg.)
- Columbia Chemical Corporation
- Crosslink
- Dampney Company
- Dryvit UK
- Henkel Corporation
- Hernon Manufacturing
- PPG TrueFinish
- Sauereisen
- Sherwin-Williams
- Tnemec Company
- Valspar High Performance Architectural Coatings
- Applied Industrial Technologies
Highlights of The Acrylic Latex 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:
- Fluid Acrylics
- Heavy-Body Acrylics
- Others
- By Application:
- Exterior Wall Coating
- Waterproof Coating
- Glass Decoration Coating
- Other
- 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 Latex 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 Latex is a type of acrylic resin that is made from the polymer acrylonitrile butadiene styrene. It has a smooth, glossy finish and can be used to create products such as signs, paintings, and sculptures.
Some of the major players in the acrylic latex market are Henkel Corporation, Sanchem, Sherwin-Williams Protective & Marine Coatings, Aervoe Industries Incorporated (Mfg.), All-Spec Industries (Dist.), Coatings For Industry, Inc. (Mfg.), Columbia Chemical Corporation, Crosslink, Dampney Company, Dryvit UK, Henkel Corporation, Hernon Manufacturing, PPG TrueFinish, Sauereisen, Sherwin-Williams, Tnemec Company, Valspar High Performance Architectural Coatings, Applied Industrial Technologies.
The acrylic latex market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acrylic Latex 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 Latex Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Acrylic Latex 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 Latex 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 Latex Market Size & Forecast, 2020-2028
4.5.1 Acrylic Latex Market Size and Y-o-Y Growth
4.5.2 Acrylic Latex Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Fluid Acrylics
5.2.2 Heavy-Body Acrylics
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Exterior Wall Coating
6.2.2 Waterproof Coating
6.2.3 Glass Decoration Coating
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acrylic Latex 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 Latex 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Fluid Acrylics
9.6.2 Heavy-Body Acrylics
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 Market Size Forecast by Applications
9.10.1 Exterior Wall Coating
9.10.2 Waterproof Coating
9.10.3 Glass Decoration Coating
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Fluid Acrylics
10.6.2 Heavy-Body Acrylics
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 Market Size Forecast by Applications
10.10.1 Exterior Wall Coating
10.10.2 Waterproof Coating
10.10.3 Glass Decoration Coating
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Fluid Acrylics
11.6.2 Heavy-Body Acrylics
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 Market Size Forecast by Applications
11.10.1 Exterior Wall Coating
11.10.2 Waterproof Coating
11.10.3 Glass Decoration Coating
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Fluid Acrylics
12.6.2 Heavy-Body Acrylics
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 Market Size Forecast by Applications
12.10.1 Exterior Wall Coating
12.10.2 Waterproof Coating
12.10.3 Glass Decoration Coating
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Fluid Acrylics
13.6.2 Heavy-Body Acrylics
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) Market Size Forecast by Applications
13.10.1 Exterior Wall Coating
13.10.2 Waterproof Coating
13.10.3 Glass Decoration Coating
13.10.4 Other
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 Latex Market: Competitive Dashboard
14.2 Global Acrylic Latex Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Henkel Corporation
14.3.2 Sanchem
14.3.3 Sherwin-Williams Protective & Marine Coatings
14.3.4 Aervoe Industries Incorporated (Mfg.)
14.3.5 All-Spec Industries (Dist.)
14.3.6 Coatings For Industry, Inc. (Mfg.)
14.3.7 Columbia Chemical Corporation
14.3.8 Crosslink
14.3.9 Dampney Company
14.3.10 Dryvit UK
14.3.11 Henkel Corporation
14.3.12 Hernon Manufacturing
14.3.13 PPG TrueFinish
14.3.14 Sauereisen
14.3.15 Sherwin-Williams
14.3.16 Tnemec Company
14.3.17 Valspar High Performance Architectural Coatings
14.3.18 Applied Industrial Technologies
