acrylic resins market size reached USD 15.98 Billion in 2020 and is expected to register a revenue CAGR of 5.4% during the forecast period, according to latest analysis by Emergen Research. Spurt in construction activities globally as well as a rising need for eco-friendly formulations are some of the key factors driving steady global acrylic resins market revenue growth. In addition, increasing number of smart city projects in developing countries is expected to further augment revenue growth of the market between 2021 and 2028.
A recent study on the Acrylic Resins market aims at leveraging the insights and perspectives derived on the basis of both qualitative and quantitative data evaluation for the forecast period, 2021-2028. The market intelligence reports on Acrylic Resins market dives deep into aspects including but not limited to the market size, growth and share across different regions to keep the stakeholders and business owners informed and help them make a wise business decision. For data-savvy product owners, sophisticated business evangelists and information-focused filed marketing personnel, looking to incorporate qualitative figures into their fundamental perspective the report presents an unrivalled statistical data on both past and future industry trends.
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Advancements in bio-based resin solutions is important for long-term sustainability. The primary purpose of creating sustainable or bio-based paints and coating solutions is to ensure environmental sustainability. Majority of coating raw materials are produced from fossil-based raw materials or renewable sources including oils, coal, and natural gas. Greenhouse Gas (GHG) emissions caused by misuse of such resources has a significantly negative impact on the environment. As compared to the conventional counterparts, raw materials based on plant biomass have advantageous characteristics.
The extensive survey on the Acrylic Resins market further identifies data that best fits the business requirement such as product classification, application and important definition. In addition, the study takes into account series of industry-leading events designed to enlighten the product owners on return on investment, investment feasibility, supply chain management, consumption volume, customer behaviour and demand and supply. To bring in more accuracy and quality to the study of Acrylic Resins market the report interprets critical information through tables, infographics, and charts.
The report offers a complete analysis of the global Acrylic Resins market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. BASF SE, Dow Chemical Company, Arkema S.A., Mitsui Chemicals, Inc., Koninklijke DSM N.V., Showa Denko Materials Co., Ltd., DIC Corporation, Sumitomo Corporation, Mitsubishi Chemical Holdings Corporation, and Nippon Shokubai Co., Ltd.
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The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The study delivers real answers for questions about market segmentation by types, region and application to power the overall market research for the forecast period 2021-2028. Subject matter experts behind the market analysis have collaborated with some of the highly acclaimed business owners to track records and estimate what is happening in areas such as technology innovation, production volume, end-use and product pricing. Research analysts have further remodeled their approach to present a report uniquely positioned to offer unmatched information on prominent manufactures, new entrants, exiting white spaces, acquisitions and mergers, collaborations and product launches.
Emergen Research has segmented the global acrylic resins on the basis of type, form, chemistry, application, end-use, and region:
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Key point summary of the report:
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