Acrylic Coatings: Technologies, End Users and Global Markets

Nov 2023| CHM105B| BCC Publishing

Report Highlights

The global market for acrylic coatings is estimated to increase from $61.9 billion in 2023 to reach $78.6 billion by 2028, at a compound annual growth rate (CAGR) of 4.9% from 2023 through 2028.

Report Includes

  • 90 data tables and 40 additional tables
  • An overview of the global market landscape related to the acrylic coatings
  • In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2027 and 2028. This analysis includes projections of Compound Annual Growth Rates (CAGRs) spanning through 2028
  • Evaluation of the current market size and revenue growth prospects specific to acrylic coatings market, accompanied by a comprehensive market share analysis categorized by type, substrate, technology, end-use industry, and geographical region
  • Assessment of the key drivers and constraints that will shape the market for acrylic coatings and discussion on the upcoming market opportunities
  • Discussion on properties of acrylic coatings such as storage stability, superior hardness, gloss retention, weather and corrosion resistance, and good adhesion to non-porous surfaces
  • Coverage of major technologies used in the acrylic coatings market such as waterborne, solvent borne, and powder coatings
  • Assessment of ESG ratings and metrics, and ESG practices in the acrylic coatings industry and their impact; and insights into government regulations
  • Evaluation of key industry acquisitions and strategic alliances and market share analysis of the leading suppliers of the industry
  • Detailed profiles of leading market participants, providing a descriptive overview of their respective businesses, including Axalta Coatings, AkzoNobel N.V., The Sherwin-Williams Co., BASF SE., and Asian Paints

Report Scope

The scope of this report covers the overview of the global market for acrylic coatings and analyses of global market trends, considering 2022 as the base year, with market estimates and projection of compound annual growth rates (CAGRs) for 2023 to 2028.

The report includes discussion of technological and economic trends that are affecting the market. Further, it explains the major drivers and regional dynamics of the market for acrylic coatings and current trends within the industry.

Sales values are presented in U.S. dollars, while volumes are presented in kiloton units. The report does not include market size estimation of other types of substrates, technology, and end-use industry.

The market for acrylic coatings is segmented into the follow categories:

  • By Type (thermoplastics and thermosets).
  • By Substrate (concrete, metal, plastic, wood, and others).
  • By Technology (waterborne, solvent-borne, powder, and others).
  • By End-Use (building and construction, general industrial, automotive, furniture, and others).
  • By Region: North America, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW).

Frequently Asked Questions (FAQs)

The acrylic coatings market is projected to grow from $59.8 billion in 2022 to $78.6 billion in 2028 at a compound annual growth rate (CAGR) of 4.9% during the forecast period.
The key factors driving the growth of the nanotechnology market include:
  • Increasing demand from building and construction industry.
  • Rising demand of wood and furniture
  • Application in 3D printing
The acrylic coatings market is segmented on the basis of following:
  • By Type
  • Thermoplastic
  • Thermoset
  • By Substrate
  • Concrete
  • Metal
  • Plastic
  • Wood
  • Others
  • By Technology
  • Waterborne
  • Solventborne
  • Powder
  • Others
  • By End-Use
  • Building and Construction
  • General Industrial
  • Automotive
  • Furniture
  • Others
  • By Region
  • Asia-Pacific
  • North America
  • Europe
  • Rest of the World
The building and construction segment will dominate by the end of 2028 as they provide a durable, waterproof barrier that helps extend the lifespan of structures by preventing water infiltration and minimizing the risk of cracks and corrosion.
Asia-Pacific holds the highest share of the market. The main reasons behind the growth of the acrylic coatings market in the region are rapid growth in the automotive sector, increasing investment for infrastructure development, large consumer base and increased spending power. Also, growing demand for environmentally friendly coatings is expected to fuel growth.

Analyst Credentials

Ria Sharma – Assistant Manager-Environment and Sustainability
Ria Sharma, with around six years of experience, is responsible for developing custom reports for domestic and international clients. Having hands-on experience working across multiple domains and an expert focus on the membrane and filtration industry, she brings a wealth of knowledge to the team. She is a strategic thinker with admirable analytics qualities and an overall team player who has contributed exceptionally well to the team. Academically, Ria holds an MBA in Finance and Marketing and a bachelor’s degree in Business Administration.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $61.9 billion
Market size forecast $78.6 billion
Growth rate CAGR of 4.9% for the forecast period of 2023-2028
Units considered $ Millions
Segments covered Type, Substrate, Technology, End-use, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World
Countries covered U.S., Canada, Mexico, Germany, Italy, France, Japan, China, and India
Key Market Drivers
  • Increasing demand from building and construction industry.
  • Rising demand for wood and furniture applications.
  • Application in 3D printing.
Companies studied
  • AKZO NOBEL N.V.
  • ARKEMA
  • ASIAN PAINTS LTD.
  • AXALTA COATING SYSTEMS LTD.
  • BASF SE
  • JOTUN
  • KANSAI PAINT CO. LTD.
  • NIPPON PAINT HOLDINGS CO. LTD.
  • THE DOW CHEMICAL CO.
  • THE SHERWIN-WILLIAMS CO.

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Acrylic Coatings: Technologies, End Users and Global Markets192Free
Chapter- 1: Introduction10Free
Chapter- 2: Summary and Highlights5Free
Chapter- 3: Market Overview6Free
Chapter- 4: Market Dynamics8Free
Chapter- 5: Global Market for Acrylic Coatings by Type6Free
Chapter- 6: Global Market for Acrylic Coatings by Substrate14Free
Chapter- 7: Global Market for Acrylic Coatings by Technology12Free
Chapter- 8: Global Market for Acrylic Coatings by End-Use Industry12Free
Chapter- 9: Global Market for Acrylic Coatings by Region33Free
Chapter- 10: Sustainability in Acrylic Coatings Industry: An ESG Perspective27Free
Chapter- 11: Emerging Technologies and Development3Free
Chapter- 12: Patent Analysis9Free
Chapter- 13: Competitive Intelligence2Free
Chapter- 14: Company Profiles43Free
Chapter- 15: Appendix: Acronyms2Free
Published - Aug-2018| Analyst - BCC Publishing| Code - CHM105A

Report Highlights

The global market for acrylic coatings should grow from $51.0 billion in 2018 to $64.9 billion by 2023 at a compound annual growth rate (CAGR) of 4.9% during the forecast period of 2018-2023.

Report Includes

  • 133 data tables and 16 additional tables
  • An industry analysis of the global markets and technologies for acrylic coatings within the industry
  • Country specific data and analysis for China, India, Japan, Germany, Italy, France, Mexico, U.S., Canada, Brazil, UAE and Saudi Arabia
  • Characterization and quantification of the market potential for acrylic coatings by substrate type, technology, end user industry and geographical regions both in terms of value and volume
  • Identification of the market trends, issues and technological developments along with discussion of regulatory updates and economic factors that are affecting the market
  • Comprehensive company profiles of major market players including Akzo Nobel N.V., BASF SE, Nippon Paint Co. Ltd., The Dow Chemical Company and PPG Industries, Inc.
Acrylic Coatings: Technologies, End Users and Global Markets

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