Acrylic Resin Coatings Market Key Companies Profile and SWOT Analysis by 2031

MARKET INTRODUCTION

Acrylic resin is basically a polymeric material (used in solution, dispersion or solid) which contains acrylic monomers. These monomers are primarily esters of acrylic, methacrylic acids or their derivatives, and also can be functionalized by introducing different chemical groups, such as R groups. Other monomers can further be incorporated in the polymer chains in order to gain resins with different properties or lower costs. In general, Acrylic resins show good chemical as well as photochemical resistance. They are basically used in many different applications, from solvent-based and water-based industrial coatings to architectural coatings.

MARKET DYNAMICS

The acrylic resin coatings market has witnessed a significant growth owing to factors such as wider application in construction, marine, industrial coatings, automotive, and others. Acrylic resin coatings market is significant owing to the sheer size as well as the scope of the applications, ranging from household furnishing usage up to application in mega-events such as exhibitions, business forums, and also sporting events, the scope of demand for acrylic resins is extensive. The acrylic resin coatings are hugely popular over other coating types owing to the wide pigment compatibility, low drying time, environmental friendliness, and ease of application, especially in the case of water-borne paints. Acrylic resin coatings are widely consumed finishes in the paints as well as coatings market globally. However, regulations on various chemicals may hamper the growth of the acrylic resin coatings market. Nevertheless, with the steady growth in the agrochemical processing industry and fertilizer industry, there are opportunities for the market players to invest in this market.

MARKET SCOPE

The "Global Acrylic Resin Coatings market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the acrylic resin coatings market with detailed market segmentation by substrate type, application, technology type, and geography. The global acrylic resin coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading acrylic resin coatings market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global acrylic resin coatings market is segmented on the basis of substrate type, application, and technology type. On the basis of substrate type, the acrylic resin coatings market is segmented into concrete, plastic, metal, and others. The acrylic resin coatings market on the basis of the application is classified into construction, marine, industrial coatings, automotive, and others. On the basis of technology type, global acrylic resin coatings market is bifurcated into water-borne, solvent-borne, and powder.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global acrylic resin coatings market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The acrylic resin coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the acrylic resin coatings market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the acrylic resin coatings market in these regions.

MARKET PLAYERS

The reports cover various key developments in the global acrylic resin coatings market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from acrylic resin coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for acrylic resin coatings in the global market. Below mentioned is the list of few companies engaged in the acrylic resin coatings market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acrylic resin coatings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Asian Paints
  
•   Axalta Coating Systems
  
•   BASF Coatings
  
•   DOW Chemicals Company
  
•   Jotun Group
  
•   Kansai Paint
  
•   Nippon Paint
  
•   PPG Industries
  
•   The Sherwin-Williams Company
  
•   The Valspar Corporation
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Acrylic Resin Coatings Report Scope