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Growth Opportunities in Acrylics
Growth Opportunities in Acrylics
Innovative Approaches to Meet Sustainability Requirements will Significantly Drive Research and Development Initiatives
24-Oct-2023
Global
Market Research
Acrylics are a group of highly versatile materials that find extensive application as raw materials in end-products such as in coatings, adhesives, sealants, elastomers, superabsorbent polymers (SAPs), polymethyl methacrylate (PMMA), textiles, additives, inks, water treatment chemicals, construction chemicals, detergents, cosmetics, and paper products. Multiple end industries have adopted these products, including transportation, consumer goods, industrial, medical, and paper and packaging. The growth of various end-use industries will drive the market for acrylic monomers and resins from 2023 to 2029.
Acrylic acid, acrylonitrile, ethyl acrylate, butyl acrylate, methyl methacrylate, acrylamide, and 2-ethylhexyl acrylate are the seven major acrylic monomer types that fall within the scope of this study on the global acrylics market. For each end-use application, regional volume consumption and regional revenue estimates are discussed, along with revenue and volume estimates by monomer type. The report also examines market share of the top acrylic monomer and resin manufacturers at the global level.
Acrylic monomer and raw material suppliers as well as acrylic resin suppliers are witnessing increasing end-consumer demand for products that will help meet their sustainability requirements, such as bio-based monomers, raw materials, and resins that aid in the development of sustainable processes and end products.
Acrylic resin producers will need to make strategic acquisitions either to quickly develop an innovative product portfolio or to enter new geographies and gain competitive advantage. China, India, Southeast Asia, and Latin America represent the markets set to witness high growth in the next 7 years due to their large, fast-growing end-use industries that support acrylic resin and product consumption growth.
It will be essential for global acrylic resin producers to vertically integrate to gain a dominate foothold in acquiring their acrylic monomer and other raw materials, in terms of sustaining consistent long-term supply, raw material quality, and competitive raw material prices. Mergers and acquisitions thus represent the inorganic strategy stakeholders across the value chain should adopt to quickly achieve vertical integration, apart from organic strategies. The increasing consumption of acrylic resins by end-use industries and the development of bio-based and high-performance products will contribute to market growth in 5 to 7 years.
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Acrylics Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Segmentation
Acrylics—Mapping of Resin & Product Applications and Relevant Monomer Type(s) Used
Geographic Scope
Growth Metrics
Value Chain
Value Chain Analysis
Value Chain Analysis (continued)
Value Chain Analysis (continued)
Growth Drivers
Growth Drivers (continued)
Growth Restraints
Forecast Assumptions
Revenue and Volume Forecast
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Revenue Forecast by Resin Application
Volume Forecast by Resin Application
Revenue and Volume Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Revenue and Volume Analysis by Region
Average Price Forecast
Pricing Trends and Forecast
Pricing Trends and Forecast (continued)
Pricing Trends and Forecast Analysis
Competitive Environment
Competitive Environment (continued)
Competitive Environment (continued)
Competitive Environment (continued)
Key Competitors (Monomer and Resin Suppliers)
Key Competitors (Resin End-use Industries)
Revenue Share by Monomer Type
Revenue Share Analysis by Monomer Type
Revenue Share by Resin Type
Revenue Share Analysis by Resin Type
Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Segment Characteristics and Overview
Growth Metrics
Growth Drivers and Restraints
Growth Driver Analysis
Growth Restraint Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Growth Opportunity 1: M&As to Expand Market Footprint
Growth Opportunity 1: M&As to Expand Market Footprint (continued)
Growth Opportunity 2: Vertical Integration to Gain a Business Advantage
Growth Opportunity 2: Vertical Integration to Gain a Business Advantage (continued)
Growth Opportunity 3: Developing Sustainable Acrylic Products
Growth Opportunity 3: Developing Sustainable Acrylic Products (continued)
List of Abbreviations
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
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| Deliverable Type | Market Research |
|---|---|
| Author | Ganesh Jayant Dabholkar |
| Industries | Chemicals and Materials |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Acrylics Market Analysis |
| Keyword 2 | Acrylics Market Dynamics |
| Keyword 3 | Acrylic Resin Market Insights |
| Podcast | No |
| WIP Number | PF15-01-00-00-00 |