Report Highlights
The global market for acrylic coatings is estimated to increase from $61.9 billion in 2023 to reach $78.6 billion by 2028, at a compound annual growth rate (CAGR) of 4.9% from 2023 through 2028.
Report Includes
- 90 data tables and 40 additional tables
- An overview of the global market landscape related to the acrylic coatings
- In-depth analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, as well as forecasts for 2027 and 2028. This analysis includes projections of Compound Annual Growth Rates (CAGRs) spanning through 2028
- Evaluation of the current market size and revenue growth prospects specific to acrylic coatings market, accompanied by a comprehensive market share analysis categorized by type, substrate, technology, end-use industry, and geographical region
- Assessment of the key drivers and constraints that will shape the market for acrylic coatings and discussion on the upcoming market opportunities
- Discussion on properties of acrylic coatings such as storage stability, superior hardness, gloss retention, weather and corrosion resistance, and good adhesion to non-porous surfaces
- Coverage of major technologies used in the acrylic coatings market such as waterborne, solvent borne, and powder coatings
- Assessment of ESG ratings and metrics, and ESG practices in the acrylic coatings industry and their impact; and insights into government regulations
- Evaluation of key industry acquisitions and strategic alliances and market share analysis of the leading suppliers of the industry
- Detailed profiles of leading market participants, providing a descriptive overview of their respective businesses, including Axalta Coatings, AkzoNobel N.V., The Sherwin-Williams Co., BASF SE., and Asian Paints
Report Scope
The scope of this report covers the overview of the global market for acrylic coatings and analyses of global market trends, considering 2022 as the base year, with market estimates and projection of compound annual growth rates (CAGRs) for 2023 to 2028.
The report includes discussion of technological and economic trends that are affecting the market. Further, it explains the major drivers and regional dynamics of the market for acrylic coatings and current trends within the industry.
Sales values are presented in U.S. dollars, while volumes are presented in kiloton units. The report does not include market size estimation of other types of substrates, technology, and end-use industry.
The market for acrylic coatings is segmented into the follow categories:
- By Type (thermoplastics and thermosets).
- By Substrate (concrete, metal, plastic, wood, and others).
- By Technology (waterborne, solvent-borne, powder, and others).
- By End-Use (building and construction, general industrial, automotive, furniture, and others).
- By Region: North America, Europe, Asia-Pacific (APAC), and the Rest of the World (RoW).
Report Synopsis
| Report Metrics | Details | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||||
| Forecast period considered | 2023-2028 | ||||||||||
| Base year market size | $61.9 billion | ||||||||||
| Market size forecast | $78.6 billion | ||||||||||
| Growth rate | CAGR of 4.9% for the forecast period of 2023-2028 | ||||||||||
| Units considered | $ Millions | ||||||||||
| Segments covered | Type, Substrate, Technology, End-use, and Region | ||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World | ||||||||||
| Countries covered | U.S., Canada, Mexico, Germany, Italy, France, Japan, China, and India | ||||||||||
| Key Market Drivers |
|
||||||||||
| Companies studied |
|
Frequently Asked Questions (FAQs)
- Increasing demand from building and construction industry.
- Rising demand of wood and furniture
- Application in 3D printing
- By Type
- Thermoplastic
- Thermoset
- By Substrate
- Concrete
- Metal
- Plastic
- Wood
- Others
- By Technology
- Waterborne
- Solventborne
- Powder
- Others
- By End-Use
- Building and Construction
- General Industrial
- Automotive
- Furniture
- Others
- By Region
- Asia-Pacific
- North America
- Europe
- Rest of the World
Analyst Credentials
Ria Sharma – Assistant Manager-Environment and Sustainability
Ria Sharma, with around six years of experience, is responsible for developing custom reports for domestic and international clients. Having hands-on experience working across multiple domains and an expert focus on the membrane and filtration industry, she brings a wealth of knowledge to the team. She is a strategic thinker with admirable analytics qualities and an overall team player who has contributed exceptionally well to the team. Academically, Ria holds an MBA in Finance and Marketing and a bachelor’s degree in Business Administration.
Report Highlights
The global market for acrylic coatings should grow from $51.0 billion in 2018 to $64.9 billion by 2023 at a compound annual growth rate (CAGR) of 4.9% during the forecast period of 2018-2023.
Report Includes
- 133 data tables and 16 additional tables
- An industry analysis of the global markets and technologies for acrylic coatings within the industry
- Country specific data and analysis for China, India, Japan, Germany, Italy, France, Mexico, U.S., Canada, Brazil, UAE and Saudi Arabia
- Characterization and quantification of the market potential for acrylic coatings by substrate type, technology, end user industry and geographical regions both in terms of value and volume
- Identification of the market trends, issues and technological developments along with discussion of regulatory updates and economic factors that are affecting the market
- Comprehensive company profiles of major market players including Akzo Nobel N.V., BASF SE, Nippon Paint Co. Ltd., The Dow Chemical Company and PPG Industries, Inc.
Related Reports
Global Markets and Advanced Technologies for Paints and Coatings
The global market for paints and coatings was valued at $194.0 billion in 2023. The market is expected to grow from $203.8 billion in 2024 and should reach $263.2 billion by 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2029.
Automotive Coatings: Technologies and Global Markets
The global automotive coatings market should reach $24.2 billion by 2027 from $20.6 billion in 2022 at a compound annual growth rate (CAGR) of 3.2% for the forecast period of 2022 to 2027.
Anticorrosion Coatings: Global Markets
The global market for anticorrosion coatings should grow from $28.4 billion in 2022 to $34.0 billion by 2027 with compound annual growth rate (CAGR) of 3.7% for the period of 2022-2027.
Powder Coatings: Materials, Technologies and Applications
The global market for powder coatings including powder materials, coating equipment, and services totaled $10.4 billion in 2017 and is estimated to reach $13.6 billion by 2022, growing at a compound annual growth rate (CAGR) of 5.4% for the period of 2017-2022.
Recent Reports
Global Markets and Advanced Technologies for Paints and Coatings
The global market for paints and coatings was valued at $194.0 billion in 2023. The market is expected to grow from $203.8 billion in 2024 and should reach $263.2 billion by 2029, at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2029.
Global Markets for Adhesives & Sealants or Joining and Fastening
The global market for adhesives & sealants or joining and fastening is estimated to increase from $63.7 billion in 2023 to reach $81.6 billion by 2029, at a compound annual growth rate (CAGR) of 4.3% from 2024 through 2029.
Global Crop Protection Chemicals Market
The global market for crop protection chemicals is expected to grow from $87.6 billion in 2023 to $114.7 billion by the end of 2028, at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2028.
Molecular Farming: Global Markets
The global market for molecular farming is expected to grow from $454.1 million in 2023 and projected to reach $916.3 million by the end of 2028, at a CAGR of 15.1% during the forecast period of 2023 to 2028.
Hydrotreated Vegetable Oil Market
This report identifies the most significant source and application for hydrotreated vegetable oil (HVO). The study gives an overview of the various trends, applications, and feedstocks related to HVO. It provides comprehensive and the latest market estimates of the HVO market. This report explores current and future strategies, ESG factors, and emerging trends within the market. This will help investors and industry participants understand the market and compete successfully in the market.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More