Increasing Adoption of Bio-Based and Sustainable Materials Globally Driving Global Acrylic Polymer Market
Acrylic polymer market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2024–2031). The increasing consumer shift toward the consumption of eco-friendly or sustainable materials is a key factor driving the global acrylic polymer market. In recent years the usage and incorporation of sustainable chemical formulations for creating eco-friendly products has comparatively increased owing to government emphasis on reducing carbon footprint & promoting sustainable products. The increasing consciousness among consumers towards eco-friendly product consumption, decreasing cost of bio-based raw materials, and advancement in sustainable chemical development are other contributors to the increased product demand.
Browse the full report description of “Acrylic Polymer Market Size, Share & Trends Analysis Report by Type (Polymethyl Methacrylate, Sodium Polyacrylate, and Other), by Solution (Water-borne, and Solvent-Borne), by Application (Coatings, Binders, and Adhesives) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/acrylic-polymer-market
Recent Developments
- In April 2024, EPS-Engineered Polymer Solutions introduced EPS 2210 at the American Coatings Show, held in Indianapolis from April 30 to May 2, 2024. This newly introduced all-acrylic polymer for elastomeric wall and roof coatings meets ASTM D6083 Type II criteria, ensuring flexibility at -10° C.
- In November 2023, BASF introduced BVERDE GP 790 L, the latest addition to BASF's extensive ingredient line for laundry detergent applications. This innovative, rapidly biodegradable, anti-redeposition polymer is intended to address consumers' rising need for goods that prioritize sustainability while maintaining performance.
Market Coverage
· The market number available for 2024-2031
· Base year: 2023
· Forecast period: 2024-2031
· Segment Covered-
o By Type
o By Solution
o By Application
· Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape: BASF SE, Mitsubishi Chemical Corp., and Dupont de Nemours, Inc.
Key questions addressed by the report
- What is the market's growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Acrylic Polymer Market Report Segment
By Type
- Polymethyl Methacrylate
- Sodium Polyacrylate
- Others (Polyvinyl Acetate, Polyacrylamide)
By Solution
- Water-Borne
- Solvent-Borne
By Application
- Coatings
- Binders
- Adhesives
Global Acrylic Polymer Market Report Segment by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Italy
· Spain
· France
· Rest of Europe
Asia-Pacific
· China
· India
· Japan
· South Korea
· Rest of Asia-Pacific
Rest of the World
· Latin America
· The Middle East and Africa
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