Japan Thermosetting Acrylic Resin Market was valued at USD 0.4 Billion in 2022 and is projected to reach USD 0.6 Billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
The Japan thermosetting acrylic resin market is segmented by application into several key categories, each with its distinct characteristics and uses. One of the prominent applications is in the automotive industry. Thermosetting acrylic resins are utilized in automotive coatings due to their excellent durability, UV resistance, and gloss retention. These properties make them suitable for both exterior and interior automotive parts, ensuring that the vehicles maintain their aesthetic appeal and performance over time. Additionally, the ability of these resins to withstand harsh environmental conditions makes them a preferred choice for high-quality automotive finishes.
Another significant application of thermosetting acrylic resins is in the construction industry. These resins are used in various building materials, including adhesives, sealants, and coatings. The exceptional adhesion properties of thermosetting acrylic resins make them ideal for bonding materials such as glass, metals, and plastics, which are commonly used in construction. Their resistance to moisture and temperature fluctuations also enhances the durability and longevity of the construction materials, contributing to the overall structural integrity and longevity of buildings.
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Air Products and Chemicals
Arkema S.A
Asahi Kasei Corporation
BASF SE
DIC Corporation
Unigel S.A.
Evonik Industries AG
Formosa Plastics Corporation
Kaneka Corporation
Kuraray Co. Ltd.
LG Chem Ltd.
Mitsubishi Rayon Co. Ltd.
Lucite International
Mitsubishi Rayon Polymer Nantong Co. Ltd.
Mitsui Chemicals
Inc.
Anderson Development Company
Inc.
Nippon Shokubai Co. Ltd.
Plaskolite
Inc.
PPG Industries
Inc.
Reichhold
Inc.
Royal DSM N.V.
Solvay
Sumitomo Chemical Co. Ltd.
DuPont
The Valspar Corporation
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 Japan Thermosetting Acrylic Resin Market
Paints & Coatings
Paper & Paperboard
Plastics
Adhesives
Construction
Extiles & Fibers
Based on Types the Market is categorized into Below types that held the largest Thermosetting Acrylic Resin market share In 2023.
Acrylates
Methacrylates
Japan (United States, Japan and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Japan Thermosetting 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. Japan Thermosetting Acrylic Resin Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Thermosetting Acrylic Resin Market, By Type
6. Japan Thermosetting Acrylic Resin Market, By Application
7. Japan Thermosetting Acrylic Resin Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Thermosetting Acrylic Resin Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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