Acrylic surface coatings contain pigments suspended in acrylic polymer emulsion. Acrylic surface coatings are fast-drying paints and are composed of a methacrylic or acrylic polymer that has a strong color retention property. These coatings are soluble in water and become water-resistant in the dry state. Acrylic surface coatings possess properties such as better clarity, enhanced gloss, weatherability, and excellent finish; hence they are preferred by various end-user industries.
MARKET DYNAMICS
The robust growth of the building and construction sector is highly influencing the expansion of the acrylic surface coatings market. Acrylic surface coatings are broadly utilized in the building and construction sector due to their inertness and excellent color retention ability. The developing economies in the Asia-Pacific, such as India, Japan, and China, contribute to market growth. The building and construction sector in these countries are expanding tremendously, thereby creating lucrative opportunities for the market growth.
MARKET SCOPE
The "Global Acrylic Surface 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 surface coatings market with detailed market segmentation by type, end-user industry and geography. The global acrylic surface 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 surface coatings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global acrylic surface coatings market is segmented on the basis of type and end-user industry. On the basis of type, acrylic surface coatings market is segmented into water-borne, solvent-borne, and powder-based. On the basis of end-user industry, market is segmented into building and construction, automotive, aerospace, and others.
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 surface 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 surface 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 surface 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 surface coatings market in these regions.
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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 surface 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 surface 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 surface 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 surface coatings market in these regions.
MARKET PLAYERS
The reports cover key developments in the acrylic surface coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic 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 surface coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the acrylic surface coatings market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the acrylic surface 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.
- AkzoNobel
- Arkema Group
- Asian Paints
- Axalta Coating Systems
- BASF SE
- Berger Paints India Limited
- Dow, Inc.
- Jotun
- Sika India Pvt. Ltd.
- The Sherwin-Williams Company
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.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Acrylic Surface Coatings Market - By Type
1.3.2 Acrylic Surface Coatings Market - By End-User Industry
1.3.3 Acrylic Surface Coatings Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ACRYLIC SURFACE COATINGS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ACRYLIC SURFACE COATINGS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ACRYLIC SURFACE COATINGS MARKET - GLOBAL MARKET ANALYSIS
6.1. ACRYLIC SURFACE COATINGS - GLOBAL MARKET OVERVIEW
6.2. ACRYLIC SURFACE COATINGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ACRYLIC SURFACE COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. WATER-BORNE
7.3.1. Overview
7.3.2. Water-Borne Market Forecast and Analysis
7.4. SOLVENT-BORNE
7.4.1. Overview
7.4.2. Solvent-Borne Market Forecast and Analysis
7.5. POWDER-BASED
7.5.1. Overview
7.5.2. Powder-Based Market Forecast and Analysis
8. ACRYLIC SURFACE COATINGS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
8.1. OVERVIEW
8.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. BUILDING AND CONSTRUCTION
8.3.1. Overview
8.3.2. Building and Construction Market Forecast and Analysis
8.4. AUTOMOTIVE
8.4.1. Overview
8.4.2. Automotive Market Forecast and Analysis
8.5. AEROSPACE
8.5.1. Overview
8.5.2. Aerospace Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. ACRYLIC SURFACE COATINGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Acrylic Surface Coatings Market Overview
9.1.2 North America Acrylic Surface Coatings Market Forecasts and Analysis
9.1.3 North America Acrylic Surface Coatings Market Forecasts and Analysis - By Type
9.1.4 North America Acrylic Surface Coatings Market Forecasts and Analysis - By End-User Industry
9.1.5 North America Acrylic Surface Coatings Market Forecasts and Analysis - By Countries
9.1.5.1 United States Acrylic Surface Coatings Market
9.1.5.1.1 United States Acrylic Surface Coatings Market by Type
9.1.5.1.2 United States Acrylic Surface Coatings Market by End-User Industry
9.1.5.2 Canada Acrylic Surface Coatings Market
9.1.5.2.1 Canada Acrylic Surface Coatings Market by Type
9.1.5.2.2 Canada Acrylic Surface Coatings Market by End-User Industry
9.1.5.3 Mexico Acrylic Surface Coatings Market
9.1.5.3.1 Mexico Acrylic Surface Coatings Market by Type
9.1.5.3.2 Mexico Acrylic Surface Coatings Market by End-User Industry
9.2. EUROPE
9.2.1 Europe Acrylic Surface Coatings Market Overview
9.2.2 Europe Acrylic Surface Coatings Market Forecasts and Analysis
9.2.3 Europe Acrylic Surface Coatings Market Forecasts and Analysis - By Type
9.2.4 Europe Acrylic Surface Coatings Market Forecasts and Analysis - By End-User Industry
9.2.5 Europe Acrylic Surface Coatings Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Acrylic Surface Coatings Market
9.2.5.1.1 Germany Acrylic Surface Coatings Market by Type
9.2.5.1.2 Germany Acrylic Surface Coatings Market by End-User Industry
9.2.5.2 France Acrylic Surface Coatings Market
9.2.5.2.1 France Acrylic Surface Coatings Market by Type
9.2.5.2.2 France Acrylic Surface Coatings Market by End-User Industry
9.2.5.3 Italy Acrylic Surface Coatings Market
9.2.5.3.1 Italy Acrylic Surface Coatings Market by Type
9.2.5.3.2 Italy Acrylic Surface Coatings Market by End-User Industry
9.2.5.4 United Kingdom Acrylic Surface Coatings Market
9.2.5.4.1 United Kingdom Acrylic Surface Coatings Market by Type
9.2.5.4.2 United Kingdom Acrylic Surface Coatings Market by End-User Industry
9.2.5.5 Russia Acrylic Surface Coatings Market
9.2.5.5.1 Russia Acrylic Surface Coatings Market by Type
9.2.5.5.2 Russia Acrylic Surface Coatings Market by End-User Industry
9.2.5.6 Rest of Europe Acrylic Surface Coatings Market
9.2.5.6.1 Rest of Europe Acrylic Surface Coatings Market by Type
9.2.5.6.2 Rest of Europe Acrylic Surface Coatings Market by End-User Industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Acrylic Surface Coatings Market Overview
9.3.2 Asia-Pacific Acrylic Surface Coatings Market Forecasts and Analysis
9.3.3 Asia-Pacific Acrylic Surface Coatings Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Acrylic Surface Coatings Market Forecasts and Analysis - By End-User Industry
9.3.5 Asia-Pacific Acrylic Surface Coatings Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Acrylic Surface Coatings Market
9.3.5.1.1 Australia Acrylic Surface Coatings Market by Type
9.3.5.1.2 Australia Acrylic Surface Coatings Market by End-User Industry
9.3.5.2 China Acrylic Surface Coatings Market
9.3.5.2.1 China Acrylic Surface Coatings Market by Type
9.3.5.2.2 China Acrylic Surface Coatings Market by End-User Industry
9.3.5.3 India Acrylic Surface Coatings Market
9.3.5.3.1 India Acrylic Surface Coatings Market by Type
9.3.5.3.2 India Acrylic Surface Coatings Market by End-User Industry
9.3.5.4 Japan Acrylic Surface Coatings Market
9.3.5.4.1 Japan Acrylic Surface Coatings Market by Type
9.3.5.4.2 Japan Acrylic Surface Coatings Market by End-User Industry
9.3.5.5 South Korea Acrylic Surface Coatings Market
9.3.5.5.1 South Korea Acrylic Surface Coatings Market by Type
9.3.5.5.2 South Korea Acrylic Surface Coatings Market by End-User Industry
9.3.5.6 Rest of Asia-Pacific Acrylic Surface Coatings Market
9.3.5.6.1 Rest of Asia-Pacific Acrylic Surface Coatings Market by Type
9.3.5.6.2 Rest of Asia-Pacific Acrylic Surface Coatings Market by End-User Industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Acrylic Surface Coatings Market Overview
9.4.2 Middle East and Africa Acrylic Surface Coatings Market Forecasts and Analysis
9.4.3 Middle East and Africa Acrylic Surface Coatings Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Acrylic Surface Coatings Market Forecasts and Analysis - By End-User Industry
9.4.5 Middle East and Africa Acrylic Surface Coatings Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Acrylic Surface Coatings Market
9.4.5.1.1 South Africa Acrylic Surface Coatings Market by Type
9.4.5.1.2 South Africa Acrylic Surface Coatings Market by End-User Industry
9.4.5.2 Saudi Arabia Acrylic Surface Coatings Market
9.4.5.2.1 Saudi Arabia Acrylic Surface Coatings Market by Type
9.4.5.2.2 Saudi Arabia Acrylic Surface Coatings Market by End-User Industry
9.4.5.3 U.A.E Acrylic Surface Coatings Market
9.4.5.3.1 U.A.E Acrylic Surface Coatings Market by Type
9.4.5.3.2 U.A.E Acrylic Surface Coatings Market by End-User Industry
9.4.5.4 Rest of Middle East and Africa Acrylic Surface Coatings Market
9.4.5.4.1 Rest of Middle East and Africa Acrylic Surface Coatings Market by Type
9.4.5.4.2 Rest of Middle East and Africa Acrylic Surface Coatings Market by End-User Industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Acrylic Surface Coatings Market Overview
9.5.2 South and Central America Acrylic Surface Coatings Market Forecasts and Analysis
9.5.3 South and Central America Acrylic Surface Coatings Market Forecasts and Analysis - By Type
9.5.4 South and Central America Acrylic Surface Coatings Market Forecasts and Analysis - By End-User Industry
9.5.5 South and Central America Acrylic Surface Coatings Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Acrylic Surface Coatings Market
9.5.5.1.1 Brazil Acrylic Surface Coatings Market by Type
9.5.5.1.2 Brazil Acrylic Surface Coatings Market by End-User Industry
9.5.5.2 Argentina Acrylic Surface Coatings Market
9.5.5.2.1 Argentina Acrylic Surface Coatings Market by Type
9.5.5.2.2 Argentina Acrylic Surface Coatings Market by End-User Industry
9.5.5.3 Rest of South and Central America Acrylic Surface Coatings Market
9.5.5.3.1 Rest of South and Central America Acrylic Surface Coatings Market by Type
9.5.5.3.2 Rest of South and Central America Acrylic Surface Coatings Market by End-User Industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ACRYLIC SURFACE COATINGS MARKET, KEY COMPANY PROFILES
11.1. AKZONOBEL
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ARKEMA GROUP
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ASIAN PAINTS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. AXALTA COATING SYSTEMS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. BASF SE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BERGER PAINTS INDIA LIMITED
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. DOW, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. JOTUN
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SIKA INDIA PVT. LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE SHERWIN-WILLIAMS COMPANY
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. AkzoNobel
2. Arkema Group
3. Asian Paints
4. Axalta Coating Systems
5. BASF SE
6. Berger Paints India Limited
7. Dow, Inc.
8. Jotun
9. Sika India Pvt. Ltd.
10. The Sherwin-Williams Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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