Market Overview:
The global water-based acrylic resin market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX%, during the forecast period. The growth of the water-based acrylic resin market can be attributed to the increasing demand for coatings, inks, adhesives, and other applications from various end-use industries. In addition, stringent environmental regulations are driving the demand for water-based acrylic resins over solvent-borne acrylic resins. However, volatility in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
Water-based acrylic resin is a type of water-based paint that contains acrylic resin. It is used for painting and coating purposes. The main advantage of using water-based acrylic resins is that they are less harmful to the environment than other types of paints, and they also dry quickly.
Acrylic Resin Emulsion:
Acrylic resin emulsion is a water-based acrylic resin dispersion that contains at least one organic solvent, which acts as a dispersant for the particles. The emulsion can be made up of solid or liquid material and is used to coat any type of product including textiles, paper & paperboard packaging materials, automotive parts & accessories and construction products.
The global acrylic resin emulsion market size was valued at USD 1.22 billion in 2016.
Acrylic Resin Suspension:
Acrylic resins are widely used in water-based acrylic resin systems. They are colorless, odorless, and non-toxic in nature. It is a type of synthetic organic polymer that is manufactured to exact chemical specifications for various end uses such as paints & coatings, adhesives & sealants, plasticizers for rubber tires etc.
Application Insights:
The demand for the product in coatings was valued at USD 281.5 million in 2017 and is projected to grow at a CAGR of XX% from 2018 to 2030 owing to its superior properties including anti-corrosive, weather-resistant, and hardwearing over other water-based resins. It finds application as an underlayer in roofing systems, flashings around windows & doors, gutter protection from freezing temperatures along with several others.
Inks are expected to be the fastest growing segment over the forecast period on account of increasing use of water based acrylics for manufacturing various types of inkjet printing ink as well as ballpoint pen/pencil colors which offer high color density and smooth finish respectively when compared with conventional oil based paints used previously for these applications due to their low VOC content making them safe for humans and environment too.
Regional Analysis:
Asia Pacific was the leading revenue contributor in the global arena in 2017. The region is also expected to register considerable growth over the forecast period owing to increasing infrastructure activities and rising living standards of a large population.
The growing construction industry coupled with government initiatives for infrastructural development, such as China’s 13th Five-Year Plan (2016 - 2020) and India's 12th Five-Year Plan (2014 - 2018), are likely to boost product demand across Asia Pacific. In addition, rapid industrialization along with supportive measures taken by governments is anticipated to drive product demand across various industries including paints & coatings, automotive, and others over the coming years.
Growth Factors:
- Increasing demand from construction and automotive industries
- Growing awareness about the benefits of water-based acrylic resin over solvent-based acrylic resin
- Rising demand for low VOC products in developed countries
- Technological advancements in water-based acrylic resin manufacturing process
- Growing popularity of green building practices
Scope Of The Report
Report Attributes
Report Details
Report Title
Water-based Acrylic Resin Market Research Report
By Type
Acrylic Resin Emulsion, Acrylic Resin Suspension, Others
By Application
Coatings, Inks, Adhesives, Others
By Companies
Hanwha Chemical, Mitsubishi Group, BASF Europe, Wuhan Shiquanxing New Material Technology, Foshan Wanxia New Material Technology, Akzo Nobel, DSM Coating Resins, Shenzhen Jitian Chemical
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Water-based Acrylic Resin Market Report Segments:
The global Water-based Acrylic Resin market is segmented on the basis of:
Types
Acrylic Resin Emulsion, Acrylic Resin Suspension, 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
Coatings, Inks, Adhesives, 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:
- Hanwha Chemical
- Mitsubishi Group
- BASF Europe
- Wuhan Shiquanxing New Material Technology
- Foshan Wanxia New Material Technology
- Akzo Nobel
- DSM Coating Resins
- Shenzhen Jitian Chemical
Highlights of The Water-based Acrylic Resin 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:
- Acrylic Resin Emulsion
- Acrylic Resin Suspension
- Others
- By Application:
- Coatings
- Inks
- Adhesives
- 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 Water-based Acrylic Resin 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
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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?
Water-based acrylic resin is a type of acrylic resin that is made from water and acrylonitrile. It has a low viscosity, making it easy to work with, and it can be tinted to create different colors.
Some of the major players in the water-based acrylic resin market are Hanwha Chemical, Mitsubishi Group, BASF Europe, Wuhan Shiquanxing New Material Technology, Foshan Wanxia New Material Technology, Akzo Nobel, DSM Coating Resins, Shenzhen Jitian Chemical.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Water-based Acrylic Resin 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 Water-based Acrylic Resin Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Water-based Acrylic Resin 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 Water-based Acrylic Resin 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 Water-based Acrylic Resin Market Size & Forecast, 2020-2028 4.5.1 Water-based Acrylic Resin Market Size and Y-o-Y Growth 4.5.2 Water-based Acrylic Resin 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 Acrylic Resin Emulsion
5.2.2 Acrylic Resin Suspension
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 Coatings
6.2.2 Inks
6.2.3 Adhesives
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water-based Acrylic Resin 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 Water-based Acrylic Resin 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 Acrylic Resin Emulsion
9.6.2 Acrylic Resin Suspension
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 Coatings
9.10.2 Inks
9.10.3 Adhesives
9.10.4 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 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 Acrylic Resin Emulsion
10.6.2 Acrylic Resin Suspension
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 Coatings
10.10.2 Inks
10.10.3 Adhesives
10.10.4 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 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 Acrylic Resin Emulsion
11.6.2 Acrylic Resin Suspension
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 Coatings
11.10.2 Inks
11.10.3 Adhesives
11.10.4 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 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 Acrylic Resin Emulsion
12.6.2 Acrylic Resin Suspension
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 Coatings
12.10.2 Inks
12.10.3 Adhesives
12.10.4 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) 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 Acrylic Resin Emulsion
13.6.2 Acrylic Resin Suspension
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 Coatings
13.10.2 Inks
13.10.3 Adhesives
13.10.4 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 Water-based Acrylic Resin Market: Competitive Dashboard
14.2 Global Water-based Acrylic Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hanwha Chemical
14.3.2 Mitsubishi Group
14.3.3 BASF Europe
14.3.4 Wuhan Shiquanxing New Material Technology
14.3.5 Foshan Wanxia New Material Technology
14.3.6 Akzo Nobel
14.3.7 DSM Coating Resins
14.3.8 Shenzhen Jitian Chemical