Increasing Adoption of Bio-Based and Sustainable Materials Globally Driving Global Acrylic Polymer Market

Published: Jun 2024

Acrylic polymer market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2024–2031). The increasing consumer shift toward the consumption of eco-friendly or sustainable materials is a key factor driving the global acrylic polymer market. In recent years the usage and incorporation of sustainable chemical formulations for creating eco-friendly products has comparatively increased owing to government emphasis on reducing carbon footprint & promoting sustainable products. The increasing consciousness among consumers towards eco-friendly product consumption, decreasing cost of bio-based raw materials, and advancement in sustainable chemical development are other contributors to the increased product demand. 

Browse the full report description of “Acrylic Polymer Market Size, Share & Trends Analysis Report by Type (Polymethyl Methacrylate, Sodium Polyacrylate, and Other), by Solution (Water-borne, and Solvent-Borne), by Application (Coatings, Binders, and Adhesives) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/acrylic-polymer-market

Recent Developments

  • In April 2024, EPS-Engineered Polymer Solutions introduced EPS 2210 at the American Coatings Show, held in Indianapolis from April 30 to May 2, 2024. This newly introduced all-acrylic polymer for elastomeric wall and roof coatings meets ASTM D6083 Type II criteria, ensuring flexibility at -10° C.
  • In November 2023, BASF introduced BVERDE GP 790 L, the latest addition to BASF's extensive ingredient line for laundry detergent applications. This innovative, rapidly biodegradable, anti-redeposition polymer is intended to address consumers' rising need for goods that prioritize sustainability while maintaining performance. 

Market Coverage  

· The market number available for 2024-2031 

· Base year: 2023 

· Forecast period: 2024-2031 

· Segment Covered- 

o By Type

o By Solution

o By Application

· Regions Covered- 

o North America 

o Europe 

o Asia-Pacific 

o Rest of the World

Competitive Landscape: BASF SE, Mitsubishi Chemical Corp., and Dupont de Nemours, Inc.

Key questions addressed by the report 

  • What is the market's growth rate? 
  • Which segment and region dominate the market in the base year? 
  • Which segment and region will project the fastest growth in the market? 
  • Who is the leader in the market? 
  • How are players addressing challenges to sustain growth? 
  • Where is the investment opportunity? 

Global Acrylic Polymer Market Report Segment 

By Type

  • Polymethyl Methacrylate
  • Sodium Polyacrylate
  • Others (Polyvinyl Acetate, Polyacrylamide)

By Solution

  • Water-Borne
  • Solvent-Borne

By Application

  • Coatings
  • Binders
  • Adhesives

Global Acrylic Polymer Market Report Segment by Region 

North America 

· United States 

· Canada 

Europe 

· UK 

· Germany 

· Italy 

· Spain 

· France 

· Rest of Europe 

Asia-Pacific 

· China 

· India 

· Japan 

· South Korea 

· Rest of Asia-Pacific 

Rest of the World 

· Latin America

· The Middle East and Africa

 

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