Market Overview:
The global acrylic topcoat 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 acrylic topcoats from various end-use industries, such as architecture, automotive, furniture, and machinery. In terms of type, the water-based acrylic topcoat segment is projected to register higher growth than the solvent-based acrylic topcoat segment during the forecast period. This can be attributed to environmental concerns over volatile organic compounds (VOCs) emitted by solvent-based coatings and their adverse effects on human health and environment.
Product Definition:
An acrylic topcoat is a clear coat of paint that is used to protect and seal an underlying paint color. It can also be used to create a glossy finish. Acrylic topcoats are important because they provide protection against weathering, fading, and other damage.
Water-based Acrylic Topcoat:
Water-based acrylic topcoat is a type of paint that is used to seal and protect the painted surface. It contains water as its major ingredient along with some additives which are necessary for the proper functioning of the product. The paints contain pigments or colorants which can be either natural or synthetic in nature, but they should have similar properties as that of a solvent (alcohol, acetone etc.).
Solvent-based Acrylic Topcoat:
Solvent-based acrylic topcoat is a clear, non-yellowing, and non-porous coating that is applied over various substrates to enhance their appearance. It has high solid content (over 90%) and low VOCs. Acrylic topcoats are used in endodontic cement production as it improves the setting time of the cement by up to 7 days compared with traditional water based or solvent based formulations.
Application Insights:
The architecture application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The rising demand for high-quality architectural designs coupled with increasing construction activities in developing countries such as India, China, and Brazil is expected to drive the product demand. In addition, growing urbanization across various regions will further boost product consumption.
The automobile sector also accounted for a considerable share of the overall industry revenue in 2017 owing to increasing production of passenger cars and commercial vehicles across various regions including Asia Pacific and North America. In addition, technological advancements such as digitalization along with advanced manufacturing systems are likely to propel industry expansion over the coming years.
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 product demand from various end-use industries, such as architecture, automobile, furniture and machinery. China is one of the largest markets for water-based acrylic topcoat due to easy availability of raw materials and low manufacturing cost coupled with high demand from domestic manufacturers.
The growing automotive industry in Asia Pacific has led to increased consumption of solvents such as ethanol in paints & coatings application for vehicle refinishing purposes. This trend is projected to have a positive impact on market growth over the forecast period owing to rising consumer disposable income levels that enable them choose between quality products based on price factor alone. In addition, rapid urbanization leading rise in construction activities are likely drive regional product consumption over next eight years.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Rising popularity of acrylic topcoat among DIY enthusiasts
- Growing awareness about the benefits of acrylic topcoat among consumers
- Proliferation of online retail platforms that offer a wide range of acrylic topcoat products at competitive prices
- Continuous innovation and development in the formulation and application of acrylic topcoat products
Scope Of The Report
Report Attributes
Report Details
Report Title
Acrylic Topcoat Market Research Report
By Type
Water-based Acrylic Topcoat, Solvent-based Acrylic Topcoat
By Application
Architecture, Automobile, Furniture, Machinery, Other
By Companies
AkzoNobel, RPM, PPG Industries, Nippon Paint, PPG Industries, Sherwin-Williams, BASF, Axalta, Diamond Paints, SACAL, Carpoly, Henkel, Carpoly, Kansai, Jotun, KCC, Hempel, Chugoku Marine Paints
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Acrylic Topcoat Market Report Segments:
The global Acrylic Topcoat market is segmented on the basis of:
Types
Water-based Acrylic Topcoat, Solvent-based Acrylic Topcoat
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
Architecture, Automobile, Furniture, Machinery, 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:
- AkzoNobel
- RPM
- PPG Industries
- Nippon Paint
- PPG Industries
- Sherwin-Williams
- BASF
- Axalta
- Diamond Paints
- SACAL
- Carpoly
- Henkel
- Carpoly
- Kansai
- Jotun
- KCC
- Hempel
- Chugoku Marine Paints
Highlights of The Acrylic Topcoat 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:
- Water-based Acrylic Topcoat
- Solvent-based Acrylic Topcoat
- By Application:
- Architecture
- Automobile
- Furniture
- Machinery
- 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 Topcoat 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 topcoat is a type of paint that is used to protect the surface of a wood or other material from weathering and damage. Acrylic topcoat can be applied in a variety of colors, and it can also be clear or tinted.
Some of the major companies in the acrylic topcoat market are AkzoNobel, RPM, PPG Industries, Nippon Paint, PPG Industries, Sherwin-Williams, BASF, Axalta, Diamond Paints, SACAL, Carpoly, Henkel, Carpoly, Kansai, Jotun, KCC, Hempel, Chugoku Marine Paints.
The acrylic topcoat 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 Topcoat 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 Topcoat Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Acrylic Topcoat 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 Topcoat 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 Topcoat Market Size & Forecast, 2018-2028
4.5.1 Acrylic Topcoat Market Size and Y-o-Y Growth
4.5.2 Acrylic Topcoat Market Absolute $ Opportunity
Chapter 5 Global Acrylic Topcoat 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 Topcoat Market Size Forecast by Type
5.2.1 Water-based Acrylic Topcoat
5.2.2 Solvent-based Acrylic Topcoat
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Acrylic Topcoat 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 Topcoat Market Size Forecast by Applications
6.2.1 Architecture
6.2.2 Automobile
6.2.3 Furniture
6.2.4 Machinery
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acrylic Topcoat 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 Topcoat 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 Topcoat Analysis and Forecast
9.1 Introduction
9.2 North America Acrylic Topcoat 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 Topcoat Market Size Forecast by Type
9.6.1 Water-based Acrylic Topcoat
9.6.2 Solvent-based Acrylic Topcoat
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 Topcoat Market Size Forecast by Applications
9.10.1 Architecture
9.10.2 Automobile
9.10.3 Furniture
9.10.4 Machinery
9.10.5 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 Acrylic Topcoat Analysis and Forecast
10.1 Introduction
10.2 Europe Acrylic Topcoat 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 Topcoat Market Size Forecast by Type
10.6.1 Water-based Acrylic Topcoat
10.6.2 Solvent-based Acrylic Topcoat
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 Topcoat Market Size Forecast by Applications
10.10.1 Architecture
10.10.2 Automobile
10.10.3 Furniture
10.10.4 Machinery
10.10.5 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 Acrylic Topcoat Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Acrylic Topcoat 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 Topcoat Market Size Forecast by Type
11.6.1 Water-based Acrylic Topcoat
11.6.2 Solvent-based Acrylic Topcoat
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 Topcoat Market Size Forecast by Applications
11.10.1 Architecture
11.10.2 Automobile
11.10.3 Furniture
11.10.4 Machinery
11.10.5 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 Acrylic Topcoat Analysis and Forecast
12.1 Introduction
12.2 Latin America Acrylic Topcoat 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 Topcoat Market Size Forecast by Type
12.6.1 Water-based Acrylic Topcoat
12.6.2 Solvent-based Acrylic Topcoat
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 Topcoat Market Size Forecast by Applications
12.10.1 Architecture
12.10.2 Automobile
12.10.3 Furniture
12.10.4 Machinery
12.10.5 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) Acrylic Topcoat Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Acrylic Topcoat 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 Topcoat Market Size Forecast by Type
13.6.1 Water-based Acrylic Topcoat
13.6.2 Solvent-based Acrylic Topcoat
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 Topcoat Market Size Forecast by Applications
13.10.1 Architecture
13.10.2 Automobile
13.10.3 Furniture
13.10.4 Machinery
13.10.5 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 Topcoat Market: Competitive Dashboard
14.2 Global Acrylic Topcoat Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 RPM
14.3.3 PPG Industries
14.3.4 Nippon Paint
14.3.5 PPG Industries
14.3.6 Sherwin-Williams
14.3.7 BASF
14.3.8 Axalta
14.3.9 Diamond Paints
14.3.10 SACAL
14.3.11 Carpoly
14.3.12 Henkel
14.3.13 Carpoly
14.3.14 Kansai
14.3.15 Jotun
14.3.16 KCC
14.3.17 Hempel
14.3.18 Chugoku Marine Paints
