Fairfield Market Research Waterborne Acrylic Resin Market to Hit US$9.39 Bn by 2031

Waterborne Acrylic Resin Market

Global Waterborne Acrylic Resin Industry Analysis, Size, Share, Growth, Trends, and Forecast 2024-2031 - (By Application Coverage, By End User Coverage, By Geographic Coverage and By Company)

Published Date: Apr 2024 | Format: | No. of Pages: 164

Industry: Chemicals & Materials


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Global Waterborne Acrylic Resin Market Forecast

  • Global waterborne acrylic resin Market size to reach US$9.39 Bn in 2031, up from US$6.09 Bn attained in 2024
  • Market revenue projected to exhibit a remarkable rate of expansion, at an estimated CAGR of 6.38% during 2024 - 2031

Waterborne Acrylic Resin Market Snapshot, 2024 - 2031

Quick Report Digest

  1. The global waterborne acrylic resin market is projected to grow substantially, reaching US$9.39 Bn by 2031 with a CAGR of 6.38% from 2024 to 2031.
  2. Growth drivers include the expansion of construction activities, driven by urbanisation and rising incomes, along with increasing environmental concerns favouring eco-friendly coatings.
  3. Technological advancements have led to improved functionalities and sustainability of waterborne acrylic resins, enhancing their competitiveness in various industries.
  4. Challenges include regulatory compliance costs, limited performance versatility compared to solvent-based alternatives, and competitive pricing pressures.
  5. Key trends include a focus on sustainability, technological advancements, and expansion into emerging markets, particularly in Asia Pacific.
  6. Regulatory scenarios, particularly regarding VOC emissions, play a significant role in shaping market dynamics, favouring waterborne acrylic resins due to their lower environmental impact.
  7. Major segments driving market growth include paints and coatings, adhesives and sealants, and the construction industry.
  8. Regional frontrunners in the market include North America, Europe, and Asia-Pacific, driven by regulatory pressures and growing consumer awareness.
  9. Major players in the market include BASF SE, Dow Inc., Arkema SA, and Sherwin-Williams, among others, employing strategies such as product innovation and geographical expansion.
  10. The market is segmented by application (architectural coatings, industrial coatings, etc.), end-use industry, and region, catering to diverse industry needs across the globe.

A Look Back and a Look Forward - Comparative Analysis

The waterborne acrylic resin market experienced a period of growth between 2019 and 2024, driven by several factors. The construction industry's expansion, particularly in infrastructure projects and residential building due to rising disposable incomes and urbanisation, fuelled demand for architectural coatings, a key application of waterborne acrylic resins.

Furthermore, growing environmental concerns led to a preference for these resins due to their lower VOC emissions compared to solvent-borne alternatives. This trend is expected to continue throughout the forecast period (2024-2031) with a projected CAGR of around 5.7%.

Additional factors influencing market growth include advancements in coating technology offering improved functionalities like self-cleaning properties and continuous development of sustainable, performance-enhancing waterborne acrylic resin products. These advancements will likely lead to a greater market share for waterborne acrylic resins within the architectural coatings industry.

However, the market might face challenges from fluctuating raw material prices and stricter environmental regulations impacting production processes. Nevertheless, the overall outlook for the waterborne acrylic resin market remains positive, with continued growth expected due to rising demand for eco-friendly and high-performance coatings across the globe.

Waterborne Acrylic Resin Market, US$ Bn, 2024 - 2031

Key Growth Determinants

  • Environmental Regulations

Increasing stringency of environmental regulations worldwide has fuelled the demand for waterborne acrylic resins as eco-friendly alternatives to solvent-based counterparts. These resins emit lower levels of volatile organic compounds (VOCs), reducing environmental pollution and health risks, thereby driving their adoption in various industries such as coatings, adhesives, and construction materials.

  • Shift Towards Sustainable Practices

Growing awareness among consumers and industries about the importance of sustainability has propelled the demand for waterborne acrylic resins. Their water-based formulation aligns with sustainable practices by reducing carbon footprint and minimising waste generation. As companies strive to meet sustainability targets and consumer preferences for environmentally friendly products, the market for waterborne acrylic resins continues to expand.

  • Technological Advancements

Ongoing research and development efforts have led to technological advancements in waterborne acrylic resin formulations, enhancing their performance characteristics such as durability, adhesion, and chemical resistance. Innovations in polymer chemistry and manufacturing processes have resulted in the development of high-performance waterborne acrylic resins suitable for diverse applications, including automotive coatings, architectural paints, and industrial adhesives. These advancements drive market growth by offering superior alternatives to conventional solvent-based resins, meeting the evolving needs of end-users for high-quality, sustainable materials. 

 Major Growth Barriers

  • Regulatory Compliance

Stringent environmental regulations regarding volatile organic compounds (VOCs) emissions and hazardous air pollutants pose a significant challenge for the waterborne acrylic resin market. Compliance with these regulations often requires investment in advanced manufacturing processes and technologies, which can increase production costs.

  • Limited Performance Versatility

Although waterborne acrylic resins offer numerous advantages such as low toxicity and easy cleanup, they may not always match the performance characteristics of solvent-based counterparts. This limitation can restrict their application in certain industries where high durability, chemical resistance, or specific aesthetic properties are required.

  • Competitive Pricing Pressure

The waterborne acrylic resin market faces pricing pressure due to competition from other resin types and alternative technologies. Pricing strategies need to balance the cost-effectiveness of waterborne acrylic resins with maintaining profitability amidst fluctuating raw material prices and market demand. Additionally, the availability of cheaper alternatives, such as solvent-based resins or bio-based polymers, can further intensify pricing competition in the market.

Key Trends and Opportunities to Look at 

  • Environmentally Sustainability

In recent years, there has been a significant shift towards sustainability and eco-friendliness across various industries, including the chemical sector. Consumers are becoming more conscious about the environmental impact of products they use, prompting companies to adopt sustainable practices and develop eco-friendly solutions. In the case of waterborne acrylic resins, there is a growing demand for environmentally friendly coatings and adhesives that reduce volatile organic compound (VOC) emissions and minimise environmental footprint.

  • Technological Advancements

Another notable trend in the market is the rapid advancement of technology, leading to the development of innovative formulations and applications for waterborne acrylic resins. Manufacturers are investing in research and development to enhance the performance characteristics of these resins, such as durability, adhesion, and weather resistance. Additionally, technological advancements are enabling the production of waterborne acrylic resins with improved efficiency and cost-effectiveness, further driving their adoption across various end-use industries.

  • Expansion into Emerging Markets

One of the significant opportunities for players in the waterborne acrylic resin market lies in expanding their presence in emerging markets. Countries in Asia-Pacific, Latin America, and Africa are experiencing rapid industrialisation and urbanisation, leading to increased demand for coatings, adhesives, and sealants. By establishing strategic partnerships, investing in distribution networks, and customising products to meet local requirements, companies can capitalise on the growing demand for waterborne acrylic resins in these regions.

Waterborne Acrylic Resin Market DROs

How Does the Regulatory Scenario Shape this Industry?

The regulatory landscape plays a critical role in shaping the waterborne acrylic resin market. Stringent regulations on VOC emissions are a major driving force. VOCs contribute to air pollution and pose health risks. Stricter regulations, like those in North America, limit the amount of VOCs allowable in coatings. This pushes manufacturers towards waterborne acrylic resins, which have significantly lower VOC emissions compared to traditional solvent-based alternatives.

Furthermore, growing public awareness and concern regarding environmental issues are influencing consumer and business choices. Waterborne acrylic resins are perceived as a more sustainable and eco-friendly option due to their lower environmental impact. This increasing environmental consciousness complements regulatory pressure, further accelerating the adoption of waterborne acrylic resins in the market.

In essence, regulations and environmental concerns act as a double-edged sword, pushing the market towards waterborne acrylic resins for both compliance and consumer preference. This trend is expected to continue, shaping the future of the waterborne acrylic resin industry.

Fairfield’s Ranking Board

Top Segments

  • Paints and Coatings Represent the Largest Market Segment

Paints and coatings represent one of the largest segments within the waterborne acrylic resin market due to their widespread use in various industries such as construction, automotive, and aerospace. Waterborne acrylic resins offer excellent adhesion, durability, and weather resistance, making them ideal for exterior and interior applications. With increasing environmental regulations and a shift towards sustainable solutions, waterborne acrylic resins have gained traction as they emit fewer VOCs compared to solvent-based alternatives.

  • Demand from Adhesives and Sealants Maximum

Waterborne acrylic resins are increasingly being utilised in adhesives and sealants due to their strong bonding capabilities and versatility. These resins offer excellent adhesion to various substrates including plastics, metals, and wood, making them suitable for a wide range of applications in industries such as construction, automotive, and packaging. Moreover, waterborne acrylic adhesives and sealants are preferred for their low odour, low toxicity, and ease of application, meeting the growing demand for environmentally friendly and user-safe products.

  • Waterborne Acrylic Resins Find the Most Extensive Application in Construction Industry

In the construction industry, waterborne acrylic resins find extensive usage in architectural coatings, waterproofing membranes, and concrete sealers. These resins provide exceptional weatherability, UV resistance, and flexibility, ensuring long-lasting protection and aesthetic appeal to architectural structures. Additionally, waterborne acrylic coatings contribute to sustainable building practices by reducing emissions and improving indoor air quality, aligning with green building standards and regulations worldwide.

Regional Frontrunners

  • Key Industries’ Presence Positions North America at the Top

North America holds a significant share in the waterborne acrylic resin market due to the robust presence of key industries like automotive, construction, and furniture. Stringent regulations regarding VOC emissions have spurred the demand for eco-friendly coatings, driving the adoption of waterborne acrylic resins. Additionally, the region's focus on sustainability and innovation further propels market growth.

Waterborne Acrylic Resin Market Regional Outlook, 2024 - 2031

  • Europe Stands Tall Through 2031

Europe is another prominent market for waterborne acrylic resins, driven by stringent environmental regulations and increasing consumer awareness regarding eco-friendly products. The region's well-established automotive and construction sectors, coupled with a growing emphasis on sustainable practices, contribute to the market's expansion. Moreover, investments in research and development activities for enhancing product performance and durability fuel market growth in this region.

  • Asia Pacific Picks Pace in Waterborne Acrylic Resin Consumption

Asia Pacific is witnessing rapid growth in the waterborne acrylic resin market, primarily attributed to booming industrialisation, urbanisation, and infrastructure development. Countries like China, and India are witnessing substantial demand due to the flourishing automotive and construction sectors. Moreover, the increasing adoption of eco-friendly coatings in response to stringent environmental regulations further boosts market growth in this region. Additionally, the presence of major manufacturers and favourable government initiatives for promoting sustainable practices contribute to market expansion.

Fairfield’s Competitive Landscape Analysis

The waterborne acrylic resin market is characterised by intense competition, with several leading players striving for dominance. Key players in this landscape include BASF SE, Dow Chemical Company, Arkema SA, and Celanese Corporation. These companies have adopted various growth strategies to maintain their competitive edge, including product innovation, strategic partnerships, mergers and acquisitions, and geographical expansion. Product innovation remains a focal point for companies, with a focus on developing environmentally friendly and high-performance waterborne acrylic resins to meet the evolving demands of end-users.

Additionally, strategic collaborations and acquisitions enable companies to broaden their product portfolio and market reach. Geographical expansion is also a key strategy employed by leading players to tap into emerging markets and strengthen their global presence. As the demand for sustainable and high-quality coatings continues to rise, these strategies play a crucial role in shaping the competitive landscape of the waterborne acrylic resin market.

Who are the Leaders in the Waterborne Acrylic Resin Market Space?

Significant Company Developments

New Product Launch

  • April 2023:

A leading manufacturer unveiled a waterborne acrylic resin with enhanced UV resistance, addressing the demand for durable coatings in outdoor applications. The innovation offers improved weatherability and longevity, meeting stringent performance requirements across automotive, construction, and aerospace sectors.

  • August 2023:

In August, a waterborne acrylic resin formulation optimised for eco-friendly coatings was introduced. This product aligns with sustainability initiatives, offering low VOC emissions and reduced environmental impact while maintaining high performance, meeting the demands of eco-conscious consumers and regulatory standards.

Distribution Agreement

  • October 2023:

In October 2023, a key player in the waterborne acrylic resin market secured a strategic distribution agreement with a global chemical distributor. This partnership expands market reach, enhances product availability, and strengthens customer service capabilities. With an extensive distribution network spanning regions, the agreement accelerates market penetration and establishes a stronger foothold in key markets, driving business growth and customer satisfaction.

An Expert’s Eye

Environmental Concerns, and Regulatory Support

The global waterborne acrylic resin market is experiencing significant growth due to mounting environmental concerns and stringent regulations favouring eco-friendly coatings. With governments worldwide implementing measures to reduce volatile organic compound (VOC) emissions, industries are increasingly turning to waterborne acrylic resins as a sustainable alternative to solvent-based options. This trend is driven by a growing awareness of environmental sustainability and a collective effort to minimise the carbon footprint across various sectors.

Technological Advancements and Market Expansion

Continuous advancements in technology are propelling the market forward by enhancing the performance characteristics of waterborne acrylic resins. Innovations in adhesion, durability, and weather resistance are expanding their applicability across diverse industries such as construction, automotive, and packaging.

Furthermore, strategic investments by key market players in research and development are driving product innovation and pushing the boundaries of application possibilities. This technological evolution, coupled with expanding infrastructural development activities, particularly in emerging economies, and rising disposable incomes, is fuelling the demand for waterborne acrylic resins, and contributing to the overall growth of the market.

The Global Waterborne Acrylic Resin Market is Segmented as Below:

By Application:

  • Architectural Coatings
    • Interiors
    • Exteriors
  • Industrial Coatings
    • Metal Coatings
    • Machinery & Equipment
    • Pipelines
    • Coil Coatings
    • Container Coatings
    • Others
  • Furniture
    • Flooring
    • Cabinetry & Joinery Coatings
    • Decking
    • Specialty Wood Coatings
    • Stains & Clear Finishes
  • Automotive Coatings
    • Base Coats
    • Clear Coats
    • Primers
  • Textile Coatings
    • Outdoor Coatings
    • Technical Textiles
    • Upholstery
  • Wood Coatings
  • Packaging Coatings
  • Paper Coatings

By End-use Industry:

  • Building and Construction
  • Automotive
  • Furniture
  • Packaging
  • Paints & Coatings
  • Textiles
  • Adhesives & Sealants
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia Pacific
  • East Asia
  • Middle East and Africa (MEA)

1. Executive Summary
    1.1. Global Waterborne Acrylic Resin Market Snapshot
    1.2. Future Projections
    1.3. Key Market Trends
    1.4. Regional Snapshot, By Volume, 2024
    1.5. Analyst Recommendations


2. Market Overview
    2.1. Market Definitions and Segmentations
    2.2. Market Dynamics
       2.2.1. Drivers
       2.2.2. Restraints
       2.2.3. Market Opportunities
    2.3. Value Chain Analysis
    2.4. Porter’s Five Forces Analysis
    2.5. Covid-19 Impact Analysis
       2.5.1. Supply
       2.5.2. Demand
    2.6. Impact of Ukraine-Russia Conflict
    2.7. Economic Overview
    2.8. PESTLE Analysis


3. Production Output and Trade Statistics
    3.1. Key Highlights
    3.2. Global Waterborne Acrylic Resin Production, By Region
       3.2.1. North America
       3.2.2. Europe
       3.2.3. Asia Pacific
       3.2.4. Latin America
       3.2.5. Middle East & Africa


4. Price Trends Analysis and Future Projects, 2019 - 2031
    4.1. Global Average Price Analysis, By Application
    4.2. Prominent Factors Affecting Waterborne Acrylic Resin Prices
    4.3. Global Average Price Analysis, By Region


5. Global Waterborne Acrylic Resin Market Outlook, 2019 - 2031
    5.1. Global Waterborne Acrylic Resin Market Outlook, By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       5.1.1. Key Highlights
             5.1.1.1. Architectural Coatings
                      5.1.1.1.1. Interior
                      5.1.1.1.2. Exterior
             5.1.1.2. Industrial Coatings
                      5.1.1.2.1. Metal Coatings
                      5.1.1.2.2. Machinery and Equipment
                      5.1.1.2.3. Pipeline
                      5.1.1.2.4. Coil Coatings
                      5.1.1.2.5. Container Coatings
                      5.1.1.2.6. Others
             5.1.1.3. Wood Coatings
                      5.1.1.3.1. Furniture
                      5.1.1.3.2. Floorings
                      5.1.1.3.3. Cabinetry and Joinery Coatings
                      5.1.1.3.4. Decking
                      5.1.1.3.5. Specialty Wood Coatings
                      5.1.1.3.6. Stains and Clear Finishes
             5.1.1.4. Automotive Coatings
                      5.1.1.4.1. Basecoats
                      5.1.1.4.2. Clearcoats
                      5.1.1.4.3. Primers
             5.1.1.5. Packaging Coatings
             5.1.1.6. Textile Coatings
                      5.1.1.6.1. Outdoor Clothing
                      5.1.1.6.2. Technical textiles
                      5.1.1.6.3. Upholstery
             5.1.1.7. Paper Coatings
    5.2. Global Waterborne Acrylic Resin Market Outlook, By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       5.2.1. Key Highlights
             5.2.1.1. Building and Construction
             5.2.1.2. Automotive
             5.2.1.3. Furniture
             5.2.1.4. Packaging
             5.2.1.5. Paints and Coatings
             5.2.1.6. Textile
             5.2.1.7. Adhesives and Sealants
             5.2.1.8. Others
    5.3. Global Waterborne Acrylic Resin Market Outlook, By Region, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       5.3.1. Key Highlights
             5.3.1.1. North America
             5.3.1.2. Europe
             5.3.1.3. Asia Pacific
             5.3.1.4. Latin America
             5.3.1.5. Middle East & Africa


6. North America Waterborne Acrylic Resin Market Outlook, 2019 - 2031
    6.1. North America Waterborne Acrylic Resin Market Outlook, By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       6.1.1. Key Highlights
             6.1.1.1. Architectural Coatings
                      6.1.1.1.1. Interior
                      6.1.1.1.2. Exterior
             6.1.1.2. Industrial Coatings
                      6.1.1.2.1. Metal Coatings
                      6.1.1.2.2. Machinery and Equipment
                      6.1.1.2.3. Pipeline
                      6.1.1.2.4. Coil Coatings
                      6.1.1.2.5. Container Coatings
                      6.1.1.2.6. Others
             6.1.1.3. Wood Coatings
                      6.1.1.3.1. Furniture
                      6.1.1.3.2. Floorings
                      6.1.1.3.3. Cabinetry and Joinery Coatings
                      6.1.1.3.4. Decking
                      6.1.1.3.5. Specialty Wood Coatings
                      6.1.1.3.6. Stains and Clear Finishes
             6.1.1.4. Automotive Coatings
                      6.1.1.4.1. Basecoats
                      6.1.1.4.2. Clearcoats
                      6.1.1.4.3. Primers
             6.1.1.5. Packaging Coatings
             6.1.1.6. Textile Coatings
                      6.1.1.6.1. Outdoor Clothing
                      6.1.1.6.2. Technical textiles
                      6.1.1.6.3. Upholstery
             6.1.1.7. Paper Coatings
    6.2. North America Waterborne Acrylic Resin Market Outlook, By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       6.2.1. Key Highlights
             6.2.1.1. Building and Construction
             6.2.1.2. Automotive
             6.2.1.3. Furniture
             6.2.1.4. Packaging
             6.2.1.5. Paints and Coatings
             6.2.1.6. Textile
             6.2.1.7. Adhesives and Sealants
             6.2.1.8. Others
    6.3. North America Waterborne Acrylic Resin Market Outlook, By Country, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       6.3.1. Key Highlights
             6.3.1.1. U.S. Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             6.3.1.2. U.S. Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             6.3.1.3. Canada Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             6.3.1.4. Canada Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       6.3.2. BPS Analysis/Market Attractiveness Analysis


7. Europe Waterborne Acrylic Resin Market Outlook, 2019 - 2031
    7.1. Europe Waterborne Acrylic Resin Market Outlook, By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       7.1.1. Key Highlights
             7.1.1.1. Architectural Coatings
                      7.1.1.1.1. Interior
                      7.1.1.1.2. Exterior
             7.1.1.2. Industrial Coatings
                      7.1.1.2.1. Metal Coatings
                      7.1.1.2.2. Machinery and Equipment
                      7.1.1.2.3. Pipeline
                      7.1.1.2.4. Coil Coatings
                      7.1.1.2.5. Container Coatings
                      7.1.1.2.6. Others
             7.1.1.3. Wood Coatings
                      7.1.1.3.1. Furniture
                      7.1.1.3.2. Floorings
                      7.1.1.3.3. Cabinetry and Joinery Coatings
                      7.1.1.3.4. Decking
                      7.1.1.3.5. Specialty Wood Coatings
                      7.1.1.3.6. Stains and Clear Finishes
             7.1.1.4. Automotive Coatings
                      7.1.1.4.1. Basecoats
                      7.1.1.4.2. Clearcoats
                      7.1.1.4.3. Primers
             7.1.1.5. Packaging Coatings
             7.1.1.6. Textile Coatings
                      7.1.1.6.1. Outdoor Clothing
                      7.1.1.6.2. Technical textiles
                      7.1.1.6.3. Upholstery
             7.1.1.7. Paper Coatings
    7.2. Europe Waterborne Acrylic Resin Market Outlook, By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       7.2.1. Key Highlights
             7.2.1.1. Building and Construction
             7.2.1.2. Automotive
             7.2.1.3. Furniture
             7.2.1.4. Packaging
             7.2.1.5. Paints and Coatings
             7.2.1.6. Textile
             7.2.1.7. Adhesives and Sealants
             7.2.1.8. Others
    7.3. Europe Waterborne Acrylic Resin Market Outlook, By Country, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       7.3.1. Key Highlights
             7.3.1.1. Germany Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.2. Germany Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.3. U.K. Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.4. U.K. Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.5. France Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.6. France Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.7. Italy Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.8. Italy Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.9. Russia Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.10. Russia Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.11. Rest of Europe Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             7.3.1.12. Rest of Europe Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       7.3.2. BPS Analysis/Market Attractiveness Analysis


8. Asia Pacific Waterborne Acrylic Resin Market Outlook, 2019 - 2031
    8.1. Asia Pacific Waterborne Acrylic Resin Market Outlook, By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       8.1.1. Key Highlights
             8.1.1.1. Architectural Coatings
                      8.1.1.1.1. Interior
                      8.1.1.1.2. Exterior
             8.1.1.2. Industrial Coatings
                      8.1.1.2.1. Metal Coatings
                      8.1.1.2.2. Machinery and Equipment
                      8.1.1.2.3. Pipeline
                      8.1.1.2.4. Coil Coatings
                      8.1.1.2.5. Container Coatings
                      8.1.1.2.6. Others
             8.1.1.3. Wood Coatings
                      8.1.1.3.1. Furniture
                      8.1.1.3.2. Floorings
                      8.1.1.3.3. Cabinetry and Joinery Coatings
                      8.1.1.3.4. Decking
                      8.1.1.3.5. Specialty Wood Coatings
                      8.1.1.3.6. Stains and Clear Finishes
             8.1.1.4. Automotive Coatings
                      8.1.1.4.1. Basecoats
                      8.1.1.4.2. Clearcoats
                      8.1.1.4.3. Primers
             8.1.1.5. Packaging Coatings
             8.1.1.6. Textile Coatings
                      8.1.1.6.1. Outdoor Clothing
                      8.1.1.6.2. Technical textiles
                      8.1.1.6.3. Upholstery
             8.1.1.7. Paper Coatings
    8.2. Asia Pacific Waterborne Acrylic Resin Market Outlook, By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       8.2.1. Key Highlights
             8.2.1.1. Building and Construction
             8.2.1.2. Automotive
             8.2.1.3. Furniture
             8.2.1.4. Packaging
             8.2.1.5. Paints and Coatings
             8.2.1.6. Textile
             8.2.1.7. Adhesives and Sealants
             8.2.1.8. Others
    8.3. Asia Pacific Waterborne Acrylic Resin Market Outlook, By Country, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       8.3.1. Key Highlights
             8.3.1.1. China Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.2. China Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.3. Japan Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.4. Japan Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.5. South Korea Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.6. South Korea Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.7. India Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.8. India Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.9. Southeast Asia Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.10. Southeast Asia Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.11. Rest of Asia Pacific Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             8.3.1.12. Rest of Asia Pacific Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       8.3.2. BPS Analysis/Market Attractiveness Analysis


9. Latin America Waterborne Acrylic Resin Market Outlook, 2019 - 2031
    9.1. Latin America Waterborne Acrylic Resin Market Outlook, By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       9.1.1. Key Highlights
             9.1.1.1. Architectural Coatings
                      9.1.1.1.1. Interior
                      9.1.1.1.2. Exterior
             9.1.1.2. Industrial Coatings
                      9.1.1.2.1. Metal Coatings
                      9.1.1.2.2. Machinery and Equipment
                      9.1.1.2.3. Pipeline
                      9.1.1.2.4. Coil Coatings
                      9.1.1.2.5. Container Coatings
                      9.1.1.2.6. Others
             9.1.1.3. Wood Coatings
                      9.1.1.3.1. Furniture
                      9.1.1.3.2. Floorings
                      9.1.1.3.3. Cabinetry and Joinery Coatings
                      9.1.1.3.4. Decking
                      9.1.1.3.5. Specialty Wood Coatings
                      9.1.1.3.6. Stains and Clear Finishes
             9.1.1.4. Automotive Coatings
                      9.1.1.4.1. Basecoats
                      9.1.1.4.2. Clearcoats
                      9.1.1.4.3. Primers
             9.1.1.5. Packaging Coatings
             9.1.1.6. Textile Coatings
                      9.1.1.6.1. Outdoor Clothing
                      9.1.1.6.2. Technical textiles
                      9.1.1.6.3. Upholstery
             9.1.1.7. Paper Coatings
    9.2. Latin America Waterborne Acrylic Resin Market Outlook, By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       9.2.1. Key Highlights
             9.2.1.1. Building and Construction
             9.2.1.2. Automotive
             9.2.1.3. Furniture
             9.2.1.4. Packaging
             9.2.1.5. Paints and Coatings
             9.2.1.6. Textile
             9.2.1.7. Adhesives and Sealants
             9.2.1.8. Others
    9.3. Latin America Waterborne Acrylic Resin Market Outlook, By Country, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       9.3.1. Key Highlights
             9.3.1.1. Brazil Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             9.3.1.2. Brazil Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             9.3.1.3. Mexico Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             9.3.1.4. Mexico Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             9.3.1.5. Rest of Latin America Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
             9.3.1.6. Rest of Latin America Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
       9.3.2. BPS Analysis/Market Attractiveness Analysis


10. Middle East & Africa Waterborne Acrylic Resin Market Outlook, 2019 - 2031
      10.1. Middle East & Africa Waterborne Acrylic Resin Market Outlook, By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
           10.1.1. Key Highlights
                   10.1.1.1. Architectural Coatings
                              10.1.1.1.1. Interior
                              10.1.1.1.2. Exterior
                   10.1.1.2. Industrial Coatings
                              10.1.1.2.1. Metal Coatings
                              10.1.1.2.2. Machinery and Equipment
                              10.1.1.2.3. Pipeline
                              10.1.1.2.4. Coil Coatings
                              10.1.1.2.5. Container Coatings
                              10.1.1.2.6. Others
                   10.1.1.3. Wood Coatings
                              10.1.1.3.1. Furniture
                              10.1.1.3.2. Floorings
                              10.1.1.3.3. Cabinetry and Joinery Coatings
                              10.1.1.3.4. Decking
                              10.1.1.3.5. Specialty Wood Coatings
                              10.1.1.3.6. Stains and Clear Finishes
                   10.1.1.4. Automotive Coatings
                              10.1.1.4.1. Basecoats
                              10.1.1.4.2. Clearcoats
                              10.1.1.4.3. Primers
                   10.1.1.5. Packaging Coatings
                   10.1.1.6. Textile Coatings
                              10.1.1.6.1. Outdoor Clothing
                              10.1.1.6.2. Technical textiles
                              10.1.1.6.3. Upholstery
                   10.1.1.7. Paper Coatings
      10.2. Middle East & Africa Waterborne Acrylic Resin Market Outlook, By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
           10.2.1. Key Highlights
                   10.2.1.1. Building and Construction
                   10.2.1.2. Automotive
                   10.2.1.3. Furniture
                   10.2.1.4. Packaging
                   10.2.1.5. Paints and Coatings
                   10.2.1.6. Textile
                   10.2.1.7. Adhesives and Sealants
                   10.2.1.8. Others
      10.3. Middle East & Africa Waterborne Acrylic Resin Market Outlook, By Country, Volume (Tons) and Value (US$ Bn), 2019 - 2031
           10.3.1. Key Highlights
                              10.3.1.1. GCC Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
                              10.3.1.2. GCC Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
                              10.3.1.3. South Africa Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
                              10.3.1.4. South Africa Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
                              10.3.1.5. Egypt Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
                              10.3.1.6. Egypt Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
                              10.3.1.7. Rest of Middle East & Africa Waterborne Acrylic Resin Market By Application, Volume (Tons) and Value (US$ Bn), 2019 - 2031
                              10.3.1.8. Rest of Middle East & Africa Waterborne Acrylic Resin Market By End Use Industry, Volume (Tons) and Value (US$ Bn), 2019 - 2031
           10.3.2. BPS Analysis/Market Attractiveness Analysis


11. Competitive Landscape
      11.1. Product vs Application Heatmap
      11.2. Manufacturer vs Application Heatmap
      11.3. Company Market Share Analysis, 2023
      11.4. Competitive Dashboard
      11.5. Company Profiles
           11.5.1. BASF SE
                   11.5.1.1. Company Overview
                   11.5.1.2. Product Portfolio
                   11.5.1.3. Financial Overview
                   11.5.1.4. Business Strategies and Development
           11.5.2. Dow Inc.
                   11.5.2.1. Company Overview
                   11.5.2.2. Product Portfolio
                   11.5.2.3. Financial Overview
                   11.5.2.4. Business Strategies and Development
           11.5.3. Arkema SA
                   11.5.3.1. Company Overview
                   11.5.3.2. Product Portfolio
                   11.5.3.3. Financial Overview
                   11.5.3.4. Business Strategies and Development
           11.5.4. Allnex GmbH
                   11.5.4.1. Company Overview
                   11.5.4.2. Product Portfolio
                   11.5.4.3. Financial Overview
                   11.5.4.4. Business Strategies and Development
           11.5.5. Sherwin-Williams
                   11.5.5.1. Company Overview
                   11.5.5.2. Product Portfolio
                   11.5.5.3. Financial Overview
                   11.5.5.4. Business Strategies and Development
           11.5.6. Covestro AG
                   11.5.6.1. Company Overview
                   11.5.6.2. Product Portfolio
                   11.5.6.3. Financial Overview
                   11.5.6.4. Business Strategies and Development
           11.5.7. Lubrizol Corporation
                   11.5.7.1. Company Overview
                   11.5.7.2. Product Portfolio
                   11.5.7.3. Financial Overview
                   11.5.7.4. Business Strategies and Development
           11.5.8. DIC Corporation
                   11.5.8.1. Company Overview
                   11.5.8.2. Product Portfolio
                   11.5.8.3. Business Strategies and Development
           11.5.9. Kansai Paint Co., Ltd.
                   11.5.9.1. Company Overview
                   11.5.9.2. Product Portfolio
                   11.5.9.3. Financial Overview
                   11.5.9.4. Business Strategies and Development
           11.5.10. Sika AG
                   11.5.10.1. Company Overview
                   11.5.10.2. Product Portfolio
                   11.5.10.3. Financial Overview
                   11.5.10.4. Business Strategies and Development


12. Appendix
      12.1. Research Methodology
      12.2. Report Assumptions
      12.3. Acronyms and Abbreviations

BASE YEAR

HISTORICAL DATA

FORECAST PERIOD

UNITS

2023

 

2019 - 2023

2024 - 2031

Value: US$ Billion

Volume : TONS

 

REPORT FEATURES

DETAILS

Application Coverage

  • Architectural Coatings
    • Interiors
    • Exteriors
  • Industrial Coatings
    • Metal Coatings
    • Machinery & Equipment
    • Pipelines
    • Coil Coatings
    • Container Coatings
    • Others
  • Furniture
    • Flooring
    • Cabinetry & Joinery Coatings
    • Decking
    • Specialty Wood Coatings
    • Stains & Clear Finishes
  • Automotive Coatings
    • Base Coats
    • Clear Coats
    • Primers
  • Textile Coatings
    • Outdoor Coatings
    • Technical Textiles
    • Upholstery
  • Wood Coatings
  • Packaging Coatings
  • Paper Coatings

End-use Industry Coverage

  • Building and Construction
  • Automotive
  • Furniture
  • Packaging
  • Paints & Coatings
  • Textiles
  • Adhesives & Sealants
  • Others

Geographical Coverage

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of EU
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil 
    • Mexico 
    • Rest of Latin America 
  • Middles East & Africa
    • GCC Countries 
    • South Africa 
    • Rest of Middle East & Africa

Leading Companies

  • BASF SE
  • Dow Inc.
  • Arkema SA
  • Allnex GmbH
  • Sherwin-Williams
  • Covestro AG
  • Lubrizol Corporation
  • DIC Corporation
  • Kansai Paint Co., Ltd.
  • Sika AG

Report Highlights

Key Market Indicators, Macro-micro economic impact analysis, Technological Roadmap, Key Trends, Driver, Restraints, and Future Opportunities & Revenue Pockets, Porter’s 5 Forces Analysis, Historical Trend (2019-2021), Market Estimates and Forecast, Market Dynamics, Industry Trends, Competition Landscape, Category, Region, Country-wise Trends & Analysis, COVID-19 Impact Analysis (Demand and Supply Chain)

FAQs : Waterborne Acrylic Resin Market

Increasing demand for eco-friendly and low-VOC coatings, driven by stringent environmental regulations and consumer preferences.

Coatings, adhesives, sealants, and inks for industries such as automotive, construction, packaging, and textiles.

They offer fast drying times, excellent durability, and superior adhesion while being safer and less harmful to the environment.

Asia Pacific, and North America, due to expanding manufacturing sectors and growing awareness of sustainable materials, lead the global market for waterborne acrylic resins.

Continuous advancements in resin formulation are enhancing performance and enabling more versatile applications across industries.

Our Research Methodology

Considering the volatility of business today, traditional approaches to strategizing a game plan can be unfruitful if not detrimental. True ambiguity is no way to determine a forecast. A myriad of predetermined factors must be accounted for such as the degree of risk involved, the magnitude of circumstances, as well as conditions or consequences that are not known or unpredictable. To circumvent binary views that cast uncertainty, the application of market research intelligence to strategically posture, move, and enable actionable outcomes is necessary.

View Methodology
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