Acrylic Coating Market, By Type (Methylacrylates, Acrylates & Hybrids, Solvency, Thermoplastic & The

Published Date: | Report Code : CH1942687

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The Acrylic Coating Market is expected to witness high growth owing to rapid urbanization in developing countries in recent years. Increasing demand from applications including paints & coating, construction, paper & paperboard, textiles, fibers, adhesives is expected to drive the growth of the market.

Segment Insights

Acrylic polymers are specifically designed for roof applications, especially for roof coatings. Acrylic roof coatings are usually white in color. This white color provides unique features. It reduces the temperature of the roof membrane to which it is applied. This reduced temperature coupled with the UV blocking properties of the coating prevents degradation and deterioration of the roofing membrane. This white color also reflects as much as 85% of the heat portion of the sunlight, thus reducing the heat transfer into the building and lowering air conditioning costs. The key property required of any roof coating material is durability.

Acrylic technology is widely used in exterior applications for sealants, Plexiglas, industrial coatings, and house paints due to its durability.

Key Factors Impacting Market Growth:

  • Significant rise in demand for acrylic coatings due to due to the increase in construction activities
  • Rapid urbanization in developing countries has led to the demand for acrylic coatings
  • Growing construction and infrastructure industry around the globe is driving the market for acrylic coatings

Regional Analysis

On the basis of the region, the acrylic coating market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in the acrylic coating market during the forecast period. This demand is with regard to the growth of major applications such as paints & coating, construction, paper & paperboard, textiles, fibers, adhesives. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the acrylic coating market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the acrylic coating market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Axalta, BASF, DOW Chemicals, Nippon, PPG, Sherwin-Williams, and Valspar.

Market Segmentation:

By Type:

  • Methylacrylates
  • Acrylates & Hybrids
  • Solvency
  • Thermoplastic & Thermosetting

By Application:

  • Paints & Coating
  • Construction
  • Paper & Paperboard
  • Textiles
  • Fibers
  • Adhesives

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Application

 Reasons To Buy This Report:

  • Market size estimation of the global acrylic coating market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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