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Global Acrylic Emulsions Market Size By Type (Blended Acrylic Emulsions, Polymer & Copolymer), Application (Paints and Coatings, Adhesives and Sealants), End-User (Building and Construction, Automotive), By Geographic Scope And Forecast


Published on: 2024-08-02 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Acrylic Emulsions Market Size By Type (Blended Acrylic Emulsions, Polymer & Copolymer), Application (Paints and Coatings, Adhesives and Sealants), End-User (Building and Construction, Automotive), By Geographic Scope And Forecast

Acrylic Emulsions Market Size And Forecast

Acrylic Emulsions Market size was valued at USD 10.02 Billion in 2024 and is projected to reach USD 16.96 Billion by 2031, growing at a CAGR of 7.50% from 2024 to 2031.

  • Acrylic emulsions are water-based polymers created by emulsifying acrylic monomers with water and additional ingredients. This procedure produces a stable dispersion of acrylic particles in water, producing a milky-white liquid known as an acrylic emulsion. These emulsions are widely employed in a variety of industries due to their diverse features and numerous applications.
  • These emulsions have a vital binder in paints and coatings, providing adherence, durability, and weather resistance to the finished goods. They are valued for their capacity to produce long-lasting films with outstanding color retention and resistance to yellowing over time. Acrylic emulsion paints are widely utilized in interior and exterior applications such as architectural coatings, automotive coatings, and industrial coatings.
  • Beyond paints and coatings, acrylic emulsions are widely used in adhesive compositions. They serve as the foundation for water-based adhesives, providing excellent bonding characteristics on a wide range of substrates such as paper, wood, plastics, and metals. Acrylic-based adhesives are popular because of their quick drying times, high strength, and resilience to environmental elements including moisture and temperature variations.
  • Furthermore, acrylic emulsions are used in the manufacture of waterproofing solutions, sealants, and caulks. They provide great adherence to a variety of surfaces and add water resistance, flexibility, and durability to building products, improving their performance and longevity.

Global Acrylic Emulsions Market Dynamics

The key market dynamics that are shaping the global acrylic emulsion market include

Key Market Drivers

  • Rising Demand for Water-Based Paints Acrylic emulsions are an important component of water-based paints, which are becoming increasingly popular due to environmental concerns. Solvent-based paints produce harmful VOCs (volatile organic compounds), whereas acrylic emulsions are a more environmentally friendly option.
  • Booming Construction Industry The expanding building industry, particularly in Asia-Pacific, is increasing demand for paints and coatings, and thus acrylic emulsions. Rapid urbanization and more infrastructural investment are driving this expansion.
  • Advantages Compared to Solvent-based Alternatives Acrylic emulsions have various advantages over solvent-based coatings, including lower VOC levels, shorter drying periods, and a smaller environmental effect. More secure regulations on VOC emissions are driving the adoption of acrylic emulsions as a more sustainable alternative, especially in places with stringent environmental standards.
  • Innovation and Product Development Manufacturers’ ongoing efforts to innovate and develop new products help to broaden the application range and performance qualities of acrylic emulsion. Advances in polymer technology, such as the creation of specialized acrylics with improved qualities such as UV resistance, chemical resistance, and flexibility, promote market expansion by meeting specific client needs.

Key Challenges

  • Fluctuating Raw Material Costs The production of acrylic emulsions requires a variety of raw ingredients, the costs of which might be variable. Global supply chain interruptions, geopolitical shifts, and variable demand-supply dynamics can all have a substantial impact on cost structures reducing manufacturers’ profit margins.
  • Technical Challenges in Formulation Researchers and formulators face technical challenges while developing acrylic emulsions with specified performance characteristics such as increased adhesion, durability, and chemical resistance. Obtaining the appropriate balance of qualities while remaining cost-effective and compatible with existing processes requires major testing and optimization.
  • Competition from Substitutes Polyurethane dispersions provide a risk, particularly in coating applications. These dispersions provide superior qualities such as increased durability and chemical resistance, making them an appealing option in certain situations.
  • Environmental limitations While stringent environmental limits promote eco-friendly products such as acrylic emulsions, they can also raise production costs due to stronger emission control measures or the necessity to implement sustainable practices throughout the manufacturing process.

Key Trends

  • Shift to Bio-Based Acrylic Emulsions The need for bio-based acrylic emulsions is increasing as people become more environmentally conscious. These are made from renewable resources such as plant starch, providing a more sustainable alternative to standard petroleum-based emulsions.
  • Waterborne Wood Paints As environmental rules prohibit the use of solvent-borne paints, acrylic emulsions are gaining favor. These water-based emulsions provide equivalent performance with fewer VOC emissions.
  • Rising Demand for High-Performance Coatings Acrylic emulsions are preferred for their adaptability and performance in coatings. As sectors such as automotive, aerospace, and electronics require high-performance coatings to protect against corrosion, abrasion, and chemicals, demand for acrylic emulsions in this market is likely to increase.
  • Expansion in Emerging Markets Acrylic emulsions are experiencing tremendous expansion in emerging nations because to increased urbanization, infrastructure development, and rising disposable incomes. Manufacturers are increasing their presence in these regions to capitalize on rising demand.

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Global Acrylic Emulsions Market Regional Analysis

Here is a more detailed regional analysis of the global acrylic emulsion market

North America

  • North America dominates the worldwide acrylic emulsions market, owing to increased rehabilitation and rebuilding efforts in the United States and adjacent nations. Acrylic acid is still used to make a wide range of industrial and consumer goods, including paints, coatings, fabrics, adhesives, and plastics.
  • The construction industry in the United States continues to thrive, thanks to a strong economy and attractive market conditions for commercial real estate. Increased federal and state financing for public infrastructure projects improves development prospects. Furthermore, the region’s expanding population is predicted to increase demand for homes, leading to the growth of the acrylic emulsions industry.
  • The strong economic foundations of countries such as the United States and Canada create several chances for the acrylic emulsions industry in North America. Major industry including Dow, Celanese Corporation, Lubrizol Corporation, and H.B. Fuller have established offices in important regional cities, cementing the region’s status as a leading hub for acrylic emulsion manufacturing and innovation.

Asia Pacific

  • The Asia-Pacific acrylic emulsions market is poised to experience substantial growth in both volume and value in the coming years. This growth is driven by expanding economic activities, the evolution of production industries, increased foreign investments, availability of cost-effective labor, and the widening applications of acrylic emulsions, particularly in paints and coatings.
  • Key drivers in the Asia-Pacific acrylic emulsions market include rising demand in growing economies such as China, India, Indonesia, and Malaysia. The region’s rising economic backdrop, combined with the increasing use of acrylic emulsions in a variety of industries, highlights the market’s potential future.

Global Acrylic Emulsion MarketSegmentation Analysis

The Global Acrylic Emulsion Market is Segmented on the basis of Type, Application, End-User And Geography.

Acrylic Emulsion Market, By  Type

  • Pure Acrylic Emulsions
  • Blended Acrylic Emulsions
  • Polymer & Copolymer

Based on Component, the market is bifurcated into Pure Acrylic Emulsions, Blended Acrylic Emulsions, Polymer & Copolymer. Polymer and co-polymer acrylic emulsions is dominant in the market. Polymer acrylic emulsions use individual acrylic monomers to create coatings and products with customizable performance properties. Co-polymer acrylic emulsions, on the other hand, are created by combining multiple monomers, allowing the qualities to be tailored to a variety of uses. This division provides a wide range of options, allowing industries like paints, coatings, adhesives, and textiles to choose emulsions that meet their specific needs.

Acrylic Emulsion Market, By Application

  • Paints and Coatings
  • Adhesives and Sealants
  • Textiles and Nonwovens
  • Paper and Paperboard Coatings
  • Construction Additives

Based on Application, the market is segmented into Paints and Coatings, Adhesives and Sealants, Textiles and Nonwovens, Paper and Paperboard Coatings, & Construction Additives. The adhesives and sealants market is a critical sector that supports many industries. Adhesives form strong material bindings, whereas sealants prevent leakage. This market continues to grow in construction, automotive, packaging, and manufacturing. Acrylic emulsions play an important function here. They are known for their strong adherence, which allows them to form stable bindings and serve as sealant foundations while also providing flexibility and durability. In the hunt for long-term bonding solutions, demand for acrylic emulsion-based adhesives and sealants is increasing, inextricably linked to the growth of the adhesives and sealants market.

Acrylic Emulsion Market, By End-User

  • Building and Construction
  • Automotive
  • Packaging
  • Textiles
  • Paper and Paperboard

Based on End-User, the market is fragmented into Building and Construction, Automotive, Packaging, Textiles, Paper and Paperboard. Building and Construction currently dominates the acrylic emulsions industry. This is being driven by the continued boom in this industry, notably in Asia-Pacific. The increased demand for paints and coatings for new infrastructure projects, as well as rapid urbanization, drives the market for acrylic emulsions. Their workability, durability, and water resistance make them suitable for building applications, ensuring their dominance in this market region.

Acrylic Emulsion Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

On the basis of Geography, the Global Acrylic Emulsion Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America accounted for the largest market share of followed by Europe. Growing demand for effective emergency care and increasing adoption of mobile surgery centers are anticipated to drive the industry during the forecast period.

Key Players

The “Global Acrylic Emulsion Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are BASF SE, Dow Inc., Arkema S.A., Synthomer PLC, Celanese Corporation, DIC Corporation, Nippon Shokubai Co., Ltd., The Lubrizol Corporation, Avery Dennison Corporation, Covestro AG, and Mallard Creek PolymersThe competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Acrylic Emulsion Market Recent Developments

  • In March 2023, BASF SE started constructing a new industrial complex at its Verbund site in Zhanjiang, China, which will contain plants for glacial acrylic acid (GAA), butyl acrylate (BA), and 2-ethylhexyl acrylate (2-EHA).
  • In February 2023, Celanese Corporation stated that it had completed an ultra-low capital project. This strategy contributes to significant growth in the acetyl chain’s downstream vinyl portfolio.
  • In August 2022, Arkema S.A. introduced a new acrylic polyol emulsion for industrial paints. It has much lower VOC capabilities and works well in 2K or 1K stoving systems.
  • In August 2021, Arkema S.A. acquired Ashland’s Performance Adhesives business making it a first-class leader in high performance adhesives for industrial applications in the United States, with a distinctive and creative product portfolio. This move matches effectively with the Group’s objective to become a pure Specialty Materials business by 2024.

Report Scope

Report AttributesDetails
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

Historical Period

2021-2023

Unit

Value (USD Billion)

Key Companies Profiled

BASF SE, Dow Inc., Arkema S.A., Synthomer PLC, Celanese Corporation, DIC Corporation, Nippon Shokubai Co., Ltd., The Lubrizol Corporation, Avery Dennison Corporation, Covestro AG, and Mallard Creek Polymers.

Segments Covered

Type, Application, End-User And Geography.

Customization scope

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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