It is expected that the acrylic emulsion market will gain momentum for growth. The extensive use of...
It is expected that the acrylic emulsion market will gain momentum for growth. The extensive use of acrylic emulsions has driven market demand, such as water-based and solvent-based emulsions; the increase in disposable income has led consumers to spend more money on coatings and paints, and high-quality coatings. In addition, the restoration of infrastructure in many economies and the development of the construction industry have also provided support for the growth of the global acrylic emulsion market.
Due to the growth of global infrastructure, the acrylic coatings market is expected to grow in the near future. The increase in construction activities is expected to increase the demand for paint usage in the near future. Due to the increase in consumer confidence and affordability, the acrylic acid market is on the rise. Acrylic paint is waterproof, making it a suitable paint for the exterior structure of houses, especially during the rainy season, the demand will increase.
Global acrylic emulsion market segmentation
The global acrylic emulsion market can be subdivided according to product types, applications and regions. Important market segments (such as acrylic acid and vinyl acetate polymers) may be critical to market growth.
The global acrylic emulsion market is mainly driven by its extensive use in adhesives and sealants, construction additives, paper coatings, paints and coatings. Its widespread use is attributed to certain attractive properties of these emulsions. The ability to increase processing power, improve performance, and improve the appearance of various final products is part of a compelling feature that illustrates the ideal use of acrylic emulsions.
By 2022, the acrylic emulsion market will grow from USD 6.03 billion in 2017 to USD 8.94 billion, due to the growing demand for acrylic emulsions in various coatings and coatings applications, adhesives and sealants.
In terms of value, the acrylic emulsion market is dominated by North America and the Asia-Pacific region. The Asia-Pacific region is the fastest growing region, centered on India and China. In emerging markets such as Asia Pacific and South America, coating applications are expected to drive the acrylic emulsion market.
Zhejiang Ruico Advanced Materials Co., Ltd. (Stock No.873233)
Add: No.188, Liangshan Road, Linghu Town, Nanxun District, Huzhou City, Zhejiang Province, China 313018