Business expansions coupled with increasing demand from cosmetics, paints & coatings, and water treatment applications to propel demand for acrylic polymers and acrylic co-polymers through 2023

According to TechSci Research report, “Global Acrylic Polymers & Acrylic Co-polymers Market By Application, By Region, By Sales Channel, Competition Forecast & Opportunities, 2013-2023’’, global acrylic polymers and acrylic co-polymers market is forecast to reach $ 1.8 billion by 2023. Anticipated growth in the market is led by increasing demand from various applications industries such as cosmetics in the homecare application segment, water treatment, paints & coatings, mineral processing, construction, paper and textiles. Moreover, development of non-ionic thickeners and non-ionic polyurethane as substitute products is expected to positively influence the growth of global acrylic polymers and acrylic co-polymers market in the coming years.

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On the basis of application, the global acrylic polymers and acrylic co-polymers market is segmented into homecare, water treatment, paper, mineral processing, construction paints and coatings, textiles, and others. Homecare, water treatment and paper application segments accounted for over 60% of the global acrylic polymers and acrylic co-polymers market in 2017. DowDuPont Inc., BASF SE, Nippon Shokubai Co. Ltd., Celanese Corporation, Mitsubishi Chemical Holdings Corporation, LG CHEM LTD., Coatex SAS, and Formosa Plastics Group are some of the leading players operating in global acrylic polymers and acrylic co-polymers market.

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On the basis of sales channel, the acrylic polymers and acrylic co-polymers market is categorized into direct and indirect sales channel. Direct sales are the most preferred mode of sales for acrylic polymers and acrylic co-polymers, globally. “Rising demand for biodegradable products coupled with increasing investments in various end-user industries is likely to augment demand for acrylic polymers and acrylic co-polymers across the globe in the coming years. Moreover, strong focus on research and development activities by the leading companies to come up with zero VOC formulations would further aid the growth of global acrylic polymers and acrylic co-polymers market during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Acrylic Polymers & Acrylic Co-polymers Market By Application, By Region, By Sales Channel, Competition Forecast & Opportunities, 2013-2023” has evaluated the future growth potential of acrylic polymers and acrylic co-polymers market and provides statistics and information on market size, structure and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global acrylic polymers and acrylic co-polymers market.

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