">Global Acrylic Resins Market was valued at US$ 13.94 Bn in 2017, and is expected to reach US$ 19.22 Bn by 2026, at a CAGR of 4.1 % during forecast period. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Acrylic Resins market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in Acrylic Resins market. Acrylic resins essentially constitute a group of thermoplastic resins that require the polymerization of esters of amides of acrylic or methacrylic acid for their production. Properties of acrylic resin such as durability, transparency, adherability, water resistance, hardness, heat resistance, weather resistance, and glossy external appearance have made it suitable for use in a wide variety of applications such as automotive, medical devices, paints and coatings, adhesives and sealants, paper, medical, textiles and several more. Based on the type of acrylic resins, Methacrylates type is the most popular segment across the globe due to plenty availability of raw materials in the market. This segment is leading market due to its growing consumption in the end-use industries owing to extraordinary features offered by the product such as fast curing and superior performance. Additionally, it is also used on concrete, wood, metal and synthetic substrates. Acrylates type resins are projected to grow at a higher CAGR owing to its wide use in the end-user industries such as paints & coatings, construction, and others. Based on the property, Thermoplastic segment holds the major portion of the market. Thermoplastic composites are known for their versatility as they possess the ability to reform due to advantages offered by the product such as cost-effective nature, recyclability, and enhanced mechanical properties.
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