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Acrylic Polymer Market

Acrylic Polymer Market Size and Segment by Type (Water-borne, Solvent-borne) By Application (Laundry & Detergent, Dish Washing, Industrial & Institutional, Hard Surface Cleaning, Others), by Regions and Global Forecast 2022-2028

Report Id: SNS/C&M/2457 | July 2022 | Region: Global | 134 Pages

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.

Acrylic Polymer Market Revenue Graph

Market Dynamics:

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

Opportunity:

  • Increased demand for environmentally friendly and sustainable cleaning products

Challenge:

  • 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.

Key Players:

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

Market Segmentation:

By Type

  • Water-borne

  • Solvent-borne

By Application

  • Laundry & Detergent

  • Dish Washing

  • Industrial & Institutional

  • Hard Surface Cleaning

  • Others

Acrylic Polymer Market Segment Pie Chart

Regional Analysis:

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.

REGIONAL COVEREGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The 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

Acrylic Polymer Market Report Scope:
Report Attributes Details
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
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
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. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

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

8.1 Water-borne

8.2 Solvent-borne

 

9. Acrylic Polymer Market Segment, By Application

9.1 Laundry & Detergent

9.2 Dish Washing

9.3 Industrial & Institutional

9.4 Hard Surface Cleaning

9.5 Others

 

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

 

11. Company Profile

11.1 Kamsons Chemicals Pvt. Ltd

11.1.1 Financial

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.Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

 

13. Conclusion

 

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Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

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