Europe Acrylic Resin Market was valued at USD 4.0 Billion in 2022 and is projected to reach USD 6.5 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The European acrylic resin market is experiencing significant growth due to the increasing demand across various industries, including automotive, construction, and electronics. Acrylic resins are versatile polymers known for their excellent optical clarity, weather resistance, and ease of processing, making them a preferred choice in a range of applications. The demand for acrylic resin is expected to rise in the coming years as industries continue to explore new and innovative uses for these materials.
In the automotive sector, acrylic resins are widely used for coatings, adhesives, and sealants. Their durability and resistance to UV light make them ideal for automotive finishes, ensuring long-lasting color and protection against harsh weather conditions. As the automotive industry increasingly embraces electric vehicles and advanced technologies, the requirement for high-performance acrylic resins is set to expand further.
The construction industry also relies heavily on acrylic resins for applications such as paints, coatings, and sealants. These resins provide exceptional resistance to moisture, mildew, and fading, which is particularly important in outdoor building materials. Additionally, the growing demand for sustainable construction materials has pushed the use of acrylic resins, as they offer eco-friendly options with low environmental impact compared to traditional materials.
In the electronics industry, acrylic resins are used in the manufacturing of components such as displays, lenses, and protective coatings. Their ability to provide high-quality optical properties while offering protection against moisture and chemicals is driving the demand in this sector. As technological advancements continue, the requirement for specialized acrylic resins in the electronics market is expected to increase.
Overall, the European acrylic resin market is poised for substantial growth as various industries recognize the value of these versatile materials. The rising demand for high-quality, durable, and sustainable products is fueling the need for acrylic resins, and companies are continually innovating to meet the evolving requirements of these sectors.
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Asahi Kasei
BASF
Evonik
Sumitomo Chemical
DowDuPont
Sherwin-Williams
Synthetics & Polymer Industries
Kaneka Corporation
Kuraray
Mitsubishi Chemical Corporation
Lucite International
NIPPON SHOKUBAI
Plaskolite
DSM
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Acrylic Resin Market
Thermoplastic Acrylic Resins
Thermosetting Acrylic Resins
Paints and Coatings
Adhesives
Sealants
Textile and Leather
Construction
Automotive
Aerospace
Consumer Goods
Electronics
Linear Acrylic Resins
Cyclic Acrylic Resins
Cross-Linked Acrylic Resins
Waterborne Acrylic Resins
Solvent-Based Acrylic Resins
Powdered Acrylic Resins
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe Acrylic Resin Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Acrylic Resin Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Acrylic Resin Market, By Type
6. Europe Acrylic Resin Market, By Application
7. Europe Acrylic Resin Market, By Geography
Europe
Germany
UK
France
8. Europe Acrylic Resin Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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