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Acrylic Resin Market

Acrylic Resin Market Size, Share, Competitive Landscape and Trend Analysis Report by Chemistry, Source, Application and End User Industry: Global Opportunity and Industry Forecast (2025-2030)

Report ID:

1090

Industry:

Chemicals & Materials

Published on:

Nov 2025

Acrylic Resin Market Summary

Global Acrylic Resin Market had a value of USD 20.89 Billion in 2024 and expected it to hit USD 30.48 Billion by 2030, with a CAGR of 6.5 % during the forecast period.

Acrylic Resin Industry Trends and Analytical Insights

  • Asia-Pacific is the largest market, driven by construction growth, automotive demand, and stricter VOC regulations. China and India are major contributors.

  • Acrylic Resin manufacturing companies are investing in nanotechnology-enhanced acrylic resins for improved durability, weather resistance, and performance in industrial coatings.

  • Global leaders like BASF, Dow, Arkema are focusing on bio-based and recyclable acrylic resins, while Asian manufacturers scale production to meet regional demand.

Market Size & Forecast

  • Market Size 2024: USD 20.89 Billion

  • Projected Market Size 2030: USD 30.48 Billion

  • CAGR (2024-2030): 6.5%

  • Asia-Pacific dominated the market in 2024

Acrylic Resin Market Overview

Asia-Pacific is the dominant region, accounting for nearly 44% of global demand, driven by rapid urbanization, infrastructure expansion, and strong automotive and construction activity in countries such as China and India. Within product categories, water-based acrylic resins are increasingly preferred, holding more than 54% of the market share in 2025, as industries shift away from solvent-based systems to comply with stricter environmental regulations and consumer demand for eco-friendly solutions. Paints and coatings remain the largest application segment, consuming over 60% of acrylic resin globally, while adhesives, textiles, packaging, and electronics are emerging as important secondary markets that highlight the versatility of these resins.

Acrylic Resin industry trends point to a strong sustainability push, with leading companies such as BASF SE, Dow Inc., Arkema Group, Mitsubishi Chemical Holdings, and Nippon Shokubai investing heavily in bio-based and recyclable acrylic resins to align with global climate goals and regulatory frameworks. Innovation is also reshaping the market, as nanotechnology-enhanced acrylic resins are being developed to improve durability, weather resistance, and performance in industrial coatings. Regional strategies differ, with Asian producers scaling up production capacity to meet surging local demand, while Western companies focus on high-performance, specialty, and environmentally friendly formulations. This dual approach is creating a competitive landscape where cost efficiency and sustainability are equally critical.

Beyond paints and coatings, acrylic resins are finding new applications in electronics, textiles, and packaging, reflecting their adaptability to diverse industries. For example, in packaging, acrylic resins are valued for their transparency and resistance, while in textiles they are used to enhance durability and finish. In electronics, their insulating properties make them suitable for protective coatings. The overall outlook for the acrylic resin industry is steady and promising, with growth anchored in sustainability, innovation, and regional expansion strategies. The combination of strong demand in Asia-Pacific, regulatory-driven adoption of waterborne resins, and diversification into new end-use sectors position

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This extensive analysis by Jadhavar Business Intelligence Pvt Ltd provides consumers with a complete and actionable picture of the Global Acrylic Resin Market, including market size, share, trends, and growth estimates from 2024 to 2030. The report provides a complete overview of important locations and countries by Chemistry, by Source Application, and end user industry. Clients receive comprehensive market dynamics, including drivers such as sustainability regulations, construction growth, and automotive coatings demand, alongside restraints like raw material price volatility. The study integrates PORTER’s Five Forces and PESTLE analysis, highlighting competitive intensity, regulatory pressures, and technological advancements. A technology roadmap outlines the transition toward bio‑based and nanotechnology‑enhanced acrylic resins, while regulatory updates cover VOC emission standards in North America, Europe, and Asia.

The analysis also includes country‑specific projections, competitive benchmarking, and detailed company profiles of leading players such as BASF SE, Dow Inc., Arkema Group, Mitsubishi Chemical Holdings, and Nippon Shokubai Co., Ltd. Recent M&A activity—including acquisitions in specialty coatings and partnerships for bio‑resin development—are tracked to aid in strategic planning, market entry analysis, and competitor positioning within the Acrylic Resin Industry

Acrylic Resin Market Dynamic’s

Major driver of the Acrylic Resin industry is construction and infrastructure boom in Asia‑Pacific, which accounted for ~43.5% of global market share in 2024, with China and India leading demand for paints and coatings. The automotive industry is another critical driver, as acrylic resins are widely used in coatings that provide durability and weather resistance. Regulatory pressure is also reshaping the market: stricter VOC emission standards in North America and Europe are accelerating the adoption of water‑based acrylic resins, which held 54.2% market share in 2025. Additionally, the packaging and electronics sectors are emerging as growth engines, leveraging acrylic resins for their transparency, adhesion, and insulating properties.

One major driver is the packaging industry, which is expanding rapidly due to global e‑commerce growth. Acrylic resins are valued for their transparency, adhesion, and durability, making them essential in protective and decorative packaging. In 2024, packaging applications contributed nearly 15% of global acrylic resin demand, and this share is expected to rise steadily as consumer goods and food industries expand. Another driver is the electronics sector, where acrylic resins are used in insulating coatings and adhesives.

Trends in the Acrylic Resin Market highlight a clear shift toward sustainability and innovation. Waterborne and bio‑based acrylic resins are gaining traction as companies respond to environmental regulations and consumer demand for eco‑friendly solutions. Nanotechnology‑enhanced acrylic resins are being developed to improve performance in industrial coatings, offering better durability and resistance. The paints and coatings segment remains dominant, consuming 61.5% of global acrylic resin demand in 2025, but diversification into adhesives, textiles, and packaging is reducing reliance on a single sector. Another trend is regional strategy divergence: Asian producers are scaling up production capacity to meet surging local demand, while Western companies focus on specialty, high‑performance, and recyclable formulations.

Expert Insight:

The acrylic resin market is at a pivotal point where sustainability and performance are converging. The dominance of water‑based resins reflects not only regulatory compliance but also a broader industry commitment to reducing environmental impact. At the same time, innovation in nanotechnology and bio‑based resins is creating opportunities for differentiation and premium pricing. The dual strategy of cost‑efficient mass production in Asia and eco‑friendly innovation in the West is likely to define competitive positioning over the next decade. Companies that can balance scale with sustainability will be best positioned to capture growth in both mature and emerging markets.

Acrylic Resin Market Segment Analysis

The Acrylic Resin Market is segmented into Chemistry, Source, Application and End user industry.

By Source

Based on Source segment the Acrylic Resin Market is segmented into Water‑based, Solvent‑based, UV‑curable, and Bio‑based. Water‑based acrylic resins dominate the market because they balance performance, cost, and sustainability. These resins use water as the primary solvent, making them environmentally friendly with low VOC (volatile organic compound) emissions. They are widely used in paints, coatings, adhesives, and construction materials. In 2025, water‑based resins accounted for ~54.2% of the global market share, making them the dominant segment. Their growth is driven by stringent environmental regulations in North America and Europe, as well as rising demand in Asia‑Pacific for sustainable construction materials.

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By Application

Based on Application Segment, the Acrylic Resin Market is segmented into Paints and Coatings, Adhesives and Sealants, and Others.  In the Acrylic Resin Market, the application segment that dominates is Paints and Coatings. This segment accounted for over 61.5% of global demand in 2025, making it by far the largest consumer of acrylic resins. The dominance is driven by the resin’s excellent adhesion, durability, weather resistance, and gloss retention, which are critical for architectural, automotive, and industrial coatings. Rapid urbanization and infrastructure development in Asia‑Pacific, coupled with rising automotive production worldwide, have reinforced paints and coatings as the primary application area.

Acrylic Resin Market Region Analysis

Asia‑Pacific is the largest and fastest‑growing market, accounting for ~43.5% of global revenue in 2024. Growth is driven by construction booms in China and India, rapid urbanization, and strong demand for automotive coatings. The region is also leading in the adoption of water‑based acrylic resins, supported by stricter environmental regulations and consumer preference for eco‑friendly products. APAC’s dominance is reinforced by large‑scale production capacity and cost‑efficient manufacturing.

North America is the second‑largest market, with strong demand in paints & coatings, adhesives, and packaging. The U.S. construction industry and automotive sector are major consumers. Regulatory frameworks such as EPA VOC emission standards are pushing adoption of waterborne and bio‑based resins. North America is also a hub for innovation in nanotechnology and specialty acrylic resins, with companies like Dow and BASF investing in R&D.

Acrylic Resin Market Competitive Analysis

The competitive landscape of the acrylic resin market is defined by a mix of global chemical giants and strong regional players, each leveraging different strategies to secure market share. The market is highly consolidated with top Acrylic Resin companies such as BASF SE, Dow Inc., Arkema Group, Mitsubishi Chemical Group, Sumitomo Chemical, and Nippon Shokubai leading the industry. Among these, BASF SE is the dominant player, largely due to its extensive global footprint, diversified product portfolio, and heavy investment in sustainable technologies. BASF has positioned itself at the forefront of the transition toward water‑based and bio‑based acrylic resins, which are increasingly demanded as governments enforce stricter VOC emission standards. Its ability to combine scale with innovation gives it a competitive edge, particularly in Europe and North America, where sustainability is a key purchasing criterion.

Dow Inc. follows closely, with strength in nanotechnology‑enhanced resins and industrial coatings, while Arkema has carved out a niche in UV‑curable resins for electronics and packaging. Japanese companies such as Mitsubishi Chemical, Sumitomo Chemical, and Nippon Shokubai dominate in Asia‑Pacific, leveraging cost‑efficient production and regional demand growth, especially in automotive and construction coatings. However, their focus is more on scaling volume rather than leading sustainability innovation. This creates a competitive divide: Western companies differentiate through eco‑friendly innovation and specialty products, while Asian producers dominate in volume and cost efficiency.

Acrylic Resin Market Scope:

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Acrylic Resin Market Key Players

1.     BASF SE (Germany) 

2.     Dow Inc. (USA)

3.     Arkema Group (France) 

4.     Mitsubishi Chemical Group (Japan) 

5.     Sumitomo Chemical Co., Ltd. (Japan) 

6.     Nippon Shokubai Co., Ltd. (Japan) 

7.     Covestro AG (Germany) 

8.     Evonik Industries AG (Germany) 

9.     Henkel AG & Co. KGaA (Germany) 

10.  Allnex GmbH (Germany)

11.  DIC Corporation (Japan) 

12.  Resonac Holdings Corporation (Japan) 

13.  Röhm GmbH (Germany) 

14.  Asahi Kasei Corporation (Japan) 

15.  Celanese Corporation (USA)

16.  AkzoNobel N.V. (Netherlands) 

17.  Sika AG (Switzerland) 

18.  Huntsman Corporation (USA) 

19.  Eastman Chemical Company (USA) 

20.  Ashland Global Holdings (USA)

Frequently Ask Questions

1.     Which Region accounted highest share of the Acrylic Resin Market in 2024?

Ans Asia-Pacific region accounted highest share of the Acrylic Resin Market.

2.     What was the market size of Acrylic Resin Market in 2024?

Ans – In 2024, market size of the Acrylic Resin Market is USD 20.89 Billion.

3.     Which Segment is expected to lead the market during forecast period?

Ans – Paints and coatings Segment was the top segment holds the largest share in Acrylic Resin Market during forecast period.

4.     What will be the market size of Acrylic Resin Market in 2030?

Ans- The market size of Acrylic Resin Market in 2030 will be USD 30.48 Billion.

5.     Which region dominates the acrylic resin market?

Ans - Asia‑Pacific is the largest market, accounting for ~44% of global demand in 2024, driven by construction growth, automotive demand, and stricter VOC regulations. China and India are the major contributors.

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