Report Scope & Overview:
Acrylic Polymer Market Size was valued at USD 0.51 billion in 2021, and expected to reach USD 0.71 billion by 2028, and grow at a CAGR of 4.3% over the forecast period 2022-2028. Because of increased hygiene awareness and cleaning initiatives by governments in various countries, the acrylic polymer market for cleaning applications has been steadily growing. During the projection period, the major use of acrylic polymer for cleaning is expected to be laundry and detergent, followed by dishwashing in terms of volume. The need for laundry detergent is rising due to rising population, rising per-capita income, changing lifestyles, and increased use of washing machines around the world, which is driving the acrylic polymer market for cleaning applications. Furthermore, rising demand for liquid dishwashing products in hotels, restaurants, and grocery stores, as well as residential applications, is boosting the acrylic polymer market.
Institutional and industrial cleaning applications are seeing an increase in demand.
Demand from the paper and packaging industries is increasing.
The Harmful effect of human and environmental health
Increased demand for environmentally friendly and sustainable cleaning products
Environmental and government bodies have strict regulations.
Impact of Covid-19:
As a result of the COVID-19 pandemic, there is a growing awareness of the importance of hygiene and cleanliness in public spaces, and governments have published rules to prevent the virus from spreading. As a result, the demand for cleaning products in industrial and institutional settings has risen dramatically around the world, boosting the acrylic polymer market for cleaning applications. However, market growth may be limited in the coming years due to fluctuating crude oil prices and rising raw material prices around the world.
Kamsons Chemicals Pvt. Ltd, Celanese Corporation, Pexi Chem Private Limited, The Dow Chemical Company, The Lubrizol Corporation, Xyntra Chemicals B.V., Asian Paints Ltd., StanChem, Inc., and Other Players
Laundry & Detergent
Industrial & Institutional
Hard Surface Cleaning
The present and estimated demand in Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa is included in the Global Acrylic Polymer Emulsion Market segmentation. Due to increased demand from end-use industries such as paper & packaging, building & construction, and textile, Asia Pacific is expected to develop at the fastest rate over the next six years. Because of rising construction investment and the growth of the paper and packaging industries, demand for acrylic polymer emulsion is predicted to rise in developing nations such as China, Japan, and India.
The largest regional market for Acrylic Polymer is Asia Pacific, followed by Europe and North America. European countries such as Germany, the United Kingdom, Sweden, and Italy have emerged as the main consumer markets, with average growth expected over the next few years. Over the projected period, North America is expected to have a steady increase in the use of acrylic polymer emulsion. The United States is predicted to lead the region's Acrylic Polymer Emulsion Market, followed by Canada and Mexico. Because of the significant expansion of the paints and coatings and textile sectors, Latin American countries, particularly Brazil, are expected to grow steadily.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 0.51 Billion|
|Market Size by 2028||US$ 0.71 Billion|
|CAGR||CAGR of 4.3% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• By Type (Water-borne, Solvent-borne)
• By Application (Laundry & Detergent, Dish Washing, Industrial & Institutional, Hard Surface Cleaning, Others)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||Kamsons Chemicals Pvt. Ltd, Celanese Corporation, Pexi Chem Private Limited, The Dow Chemical Company, The Lubrizol Corporation, Xyntra Chemicals B.V., Asian Paints Ltd., StanChem, Inc., and Other Players|
|DRIVERS||• Institutional and industrial cleaning applications are seeing an increase in demand.
• Demand from the paper and packaging industries is increasing.
|Restraints||• The Harmful effect of human and environmental health|
Frequently Asked Questions (FAQ) :
Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.
Ans: Kamsons Chemicals Pvt. Ltd (India), Celanese Corporation (U.S), Pexi Chem Private Limited (India), The Dow Chemical Company (U.S), The Lubrizol Corporation (U.S), Xyntra Chemicals B.V. (the Netherlands), Asian Paints Ltd. (India) and StanChem, Inc. (U.S)
Ans: As a result of the COVID-19 pandemic, there is a growing awareness of the importance of hygiene and cleanliness in public spaces, and governments have published rules to prevent the virus from spreading. As a result, the demand for cleaning products in industrial and institutional settings has risen dramatically around the world, boosting the acrylic polymer market for cleaning applications. However, market growth may be limited in the coming years due to fluctuating crude oil prices and rising raw material prices around the world.
Ans: Institutional and industrial cleaning applications are seeing an increase in demand and Demand from the paper and packaging industries is increasing are the drivers for Acrylic Polymer Market.
Ans Acrylic Polymer Market Size was valued at USD 0.51 billion in 2021, and expected to reach USD 0.71 billion by 2028, and grow at a CAGR of 4.3 % over the forecast period 2022-2028.
Table of Contents
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Ukraine-Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Acrylic Polymer Market Segment, By Type
9. Acrylic Polymer Market Segment, By Application
9.1 Laundry & Detergent
9.2 Dish Washing
9.3 Industrial & Institutional
9.4 Hard Surface Cleaning
10. Regional Analysis
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company Profile
11.1 Kamsons Chemicals Pvt. Ltd
11.1.2 Products/ Services Offered
11.1.3 SWOT Analysis
11.1.4 The SNS view
11.2 Celanese Corporation
11.3 Pexi Chem Private Limited
11.4 The Dow Chemical Company
11.5 The Lubrizol Corporation
11.6 Xyntra Chemicals B.V.
11.7 Asian Paints Ltd.
11.8 StanChem, Inc.
12.1 Competitive Benchmark
12.2 Market Share analysis
12.3 Recent Developments
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