Acrylic Emulsions Market Scope
Acrylic emulsion is produced with acrylic monomer while undergoing polymerization. Emulsion word is derived from the Latin word meaning 'Milky'. So, emulsion here means milk-like product. Acrylic Emulsions have good adhesive and waterproofing qualities. Mainly Acrylic Emulsion is used in the textile and paint industry. Some of the applications of Acrylic Emulsion can be found in civil engineering like cement mortar, caulking, elastic cement while other applications include use for coating materials like indoor and outdoor water-based paints. Waterborne Acrylic Emulsion and acrylic polymers have important applications in graphic art and in the coating industry.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Gellner Industrial (United States), BASF (Germany), Synthomer Plc (United Kingdom), The Dow Chemical Company (United States), Arkema Group (France), Celanese Corporation (United States), Lubrizol Corporation (United States), H.B. Fuller (United States), Celanese Corporation (United States) and Indofil (India) |
CAGR | % |
Acrylic Emulsion has applications in a wide range of industries. Due to this, there is a large number of players in the market. Few market leaders lead the industry in innovation. Due to favorable regulations, the use of Acrylic Emulsion is to rise, many new firms are expanding their operations in this market while some firms are creating vertical for their existing business. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Acrylic Emulsions market throughout the predicted period.
Gellner Industrial (United States), BASF (Germany), Synthomer Plc (United Kingdom), The Dow Chemical Company (United States), Arkema Group (France), Celanese Corporation (United States), Lubrizol Corporation (United States), H.B. Fuller (United States), Celanese Corporation (United States) and Indofil (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Acrylic Emulsions market by Type , by Application (Paper Coatings, Textile, Paints, Adhesives and Other) and Region with country level break-up.
On the basis of geography, the market of Acrylic Emulsions has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In April 2022, London-based Synthomer PLC acquisition of Eastman’s Adhesive Resins business. Synthomer is one of the world’s leading suppliers of acrylic and vinyl emulsions polymers, specialty polymers, styrene-butadiene, and acrylonitrile-butadiene latex. It operates in many market segments including coatings, construction, technical textiles, paper, and synthetic latex gloves.
In March 2021, Berger Paints, India partnered with Swiss Textile innovator, HeiQ to produce a unique luxury interior emulsion. This emulsion is supposed to be 100% acrylic and vibrant pigments. HeiQ’s viroblock is among the first textile technologies which were proven effective against covid-19.
Influencing Trend:
Increasing Use of Water-Borne Acrylic Emulsions in Paints and Rising Use of Acrylic Emulsion in Packaging and Paper Industry
Market Growth Drivers:
Rising Application in Paints and Coatings and Growing Demand from Paper and Packaging Industry
Challenges:
Rising Number of Players in the Market
Restraints:
High Cost Associated with Acrylic Emulsion with Respect to Oil in Paint Industry
Opportunities:
Acrylic Emulsion Is Benefitting from Regulatory Intervention and Rising Infrastructure Spending in Asian Countries
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Acrylic Emulsion Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others