Acrylic Emulsions Market - By Type (Polymer & Co-Polymer (Vinyl Acetate hompolymers, Vinyl acetate – Acrylic copolymers, Vinyl acetate – veova copolymers, Pure Acrylic copolymers, Styrene-Acrylic copolymers), Pure Acrylic), By Application (Paints & Coatings (Architectural Coating, Automotive & Transportation Coating, Industrial Coating), Adhesives & Sealants (General Purpose Adhesives, Pressure-Sensitive Adhesives), Construction Additives (Cement Modifiers, Concrete Admixtures, Binders, Paper Coating), Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030

Acrylic Emulsions Market size is forecast to reach $13.28 billion by 2030, after growing at a CAGR of 8.96% during 2024-2030. With rise in the consumption acrylic paints which form a water-resistant film after drying are driving the market demand for Acrylic Emulsion Market. Acrylic emulsions are water-based polymers that are widely used in various industries, such as paints and coatings, adhesives, textiles, and construction. They offer many advantages, such as low VOC emissions, high performance, durability, and versatility. The major factors driving the market studied are the growing demand for water-based paints. It is due to the rising input costs for solvent-based paints. However, the growing preference for polyurethane in coating applications is expected to restrain the market growth. Growth and expansion of buildings and construction industry and increasing awareness about the benefits of acrylic emulsions technique act as opportunities for market growth. Growing Paints and coatings application has dominated the market, owing to the developments in the construction industry this will grow the market demand for Acrylic Emulsions during the forecast period.

The report: “Acrylic Emulsions Market – Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Acrylic Emulsions Industry. 

By Type – Polymer & Co-Polymer (Vinyl Acetate hompolymers, Vinyl acetate – Acrylic copolymers, Vinyl acetate – veova copolymers, Pure Acrylic copolymers, Styrene-Acrylic copolymers), Pure Acrylic.

By Application - Paints & Coatings (Architectural Coating, Automotive & Transportation Coating, Industrial Coating), Adhesives & Sealants (General Purpose Adhesives, Pressure-Sensitive Adhesives), Construction Additives (Cement Modifiers, Concrete Admixtures, Binders, Paper Coating), Others.

By Geography – North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), and South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East and Africa)

• Asia-Pacific dominates the Acrylic Emulsions market owing to increasing demand from applications of paints and coatings industries. 

• The growing infrastructure, is likely to aid in the market growth of Acrylic Emulsions

• Implementation of stringent government regulations related to Construction or infrastructure will increase the market demand for Acrylic Emulsions in the near future.

• Rising cost of production are expected to hinder the growth of the market will create hurdles for the Acrylic Emulsions market. 

Polymer & Co-polymer segment holds the largest share in the Acrylic Emulsions market. This is due to the wide usage of these emulsions in the manufacture of water-based coatings for architectural paints & coating applications, and solvent-based emulsions for industrial coatings. An Emulsion is the suspension of tiny solids in a liquid. Milk is an example of an emulsion, and most solids, if made small enough, will tend to remain in suspension. A polymer is a larger molecule made of smaller and simpler chemical units most often arranged in a chainlike formation. A polymer emulsion is the suspension of polymers in a liquid. As the liquid evaporates, the suspended polymer solids come closer together until they touch and combine to form larger chains and eventually a film. A paint can be made by pigmenting a polymer emulsion. The type of polymer used determines the type of paint or medium acrylic polymers for acrylic paints and vinyl polymers for vinyl paints.

Paints & Coatings sector has been the primary market for Acrylic Emulsions. One of the major applications of acrylic emulsions is in making architectural and industrial coatings owing to factors, like low VOC emissions, easy handling, and high performance in water-borne coatings. There has been increasing adoption of water-based paints and coatings in recent years, owing to factors, like high durability, less odour, and low VOC emissions. In the residential coatings sector, water-based paints and coatings account largest percent of total paints. Building and construction sector is expected to witness rapid growth in the upcoming years owing to increment in both public and private investment in the construction sector. Increasing demand for construction of both residential and non-residential building construction is also contributing to the growth of the construction industry. Owing to this the demand for acrylic emulsions market is growing.

APAC dominated the Acrylic Emulsions market with a share of more than 34%, followed by North America and Europe. Increasing demand for building and construction in countries, such as China and India, has resulted in Asia-Pacific’s domination over the global acrylic emulsions market. Both the commercial and residential construction industries are witnessing growth in the APAC countries owing to the increasing investment by both the government and private organizations. Acrylic emulsion is a water dispersion of polymer or co-polymer of acrylonitrile, methacrylic acid, or acrylic acid. Acrylic is used in paints, lamination of paper, cardboard, plastic to cardboard, and films. Acrylic emulsion paints are water-based paints. 

Countries such U.S, Canada among others with great economy, there is very high potential in North America for acrylic emulsions market as, In U.S almost every big firm have their headquarters in different cities of the country, with lot of money invested in their infrastructure and still many are looking to open more and more firm in there. So, with the increasing number no of firms the construction market will automatically grow due to the increased demand and as construction market grow, which will favour the market growth of Acrylic Emulsions. 

Implementation of stringent government regulations related to Construction or infrastructure will increase the market demand for Acrylic Emulsions in the near future. The Mission provides Central Assistance to the implementing agencies through States/Union Territories (UTs) and Central Nodal Agencies (CNAs) for providing houses to all eligible families/ beneficiaries against the validated demand for houses for about 1.12 cr. As per PMAY(U) guidelines, the size of a house for Economically Weaker Section (EWS) could be upto 30 sq. mt. carpet area, however States/UTs have the flexibility to enhance the size of houses in consultation and approval of the Ministry.

The rapid spread of coronavirus has had a major impact on global markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing any goods. One of the major difficulties, market is facing are the shutdown of all kinds of transportation. Global crisis for all sectors including shipping, which was hit by slowing demand in goods’ production and exports had slowdown the market for Acrylic Emulsions.

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Acrylic Emulsions market. Major players in the Acrylic Emulsions Market are 

1. Celanese Corporation

2. Dow Inc. 

3. Arkema S.A. 

4. BASF SE

5. DIC Corporation

6. Synthomer Plc. 

7. Avery Dennison

8. Covestro AG

9. Henkel

10. H.B. Fuller

• In December 2023, BASF SE, a global leader in chemicals, acquired a 51% stake in China-based Guangdong Yinfan Chemistry Co., Ltd., a producer of automotive refinish coatings, based on acrylic emulsions.