Growth Opportunities in Acrylics

Description

Innovative Approaches to Meet Sustainability Requirements will Significantly Drive Research and Development Initiatives

Acrylics are a group of highly versatile materials that find extensive application as raw materials in end-products such as in coatings, adhesives, sealants, elastomers, superabsorbent polymers (SAPs), polymethyl methacrylate (PMMA), textiles, additives, inks, water treatment chemicals, construction chemicals, detergents, cosmetics, and paper products. Multiple end industries have adopted these products, including transportation, consumer goods, industrial, medical, and paper and packaging. The growth of various end-use industries will drive the market for acrylic monomers and resins from 2023 to 2029.

Acrylic acid, acrylonitrile, ethyl acrylate, butyl acrylate, methyl methacrylate, acrylamide, and 2-ethylhexyl acrylate are the seven major acrylic monomer types that fall within the scope of this study on the global acrylics market. For each end-use application, regional volume consumption and regional revenue estimates are discussed, along with revenue and volume estimates by monomer type. The report also examines market share of the top acrylic monomer and resin manufacturers at the global level.

Acrylic monomer and raw material suppliers as well as acrylic resin suppliers are witnessing increasing end-consumer demand for products that will help meet their sustainability requirements, such as bio-based monomers, raw materials, and resins that aid in the development of sustainable processes and end products.

Acrylic resin producers will need to make strategic acquisitions either to quickly develop an innovative product portfolio or to enter new geographies and gain competitive advantage. China, India, Southeast Asia, and Latin America represent the markets set to witness high growth in the next 7 years due to their large, fast-growing end-use industries that support acrylic resin and product consumption growth.

It will be essential for global acrylic resin producers to vertically integrate to gain a dominate foothold in acquiring their acrylic monomer and other raw materials, in terms of sustaining consistent long-term supply, raw material quality, and competitive raw material prices. Mergers and acquisitions thus represent the inorganic strategy stakeholders across the value chain should adopt to quickly achieve vertical integration, apart from organic strategies. The increasing consumption of acrylic resins by end-use industries and the development of bio-based and high-performance products will contribute to market growth in 5 to 7 years.

Product Code: PF15-85

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Acrylics Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Opportunity Analysis

Scope of Analysis
Segmentation
Acrylics-Mapping of Resin & Product Applications and Relevant Monomer Type(s) Used
Geographic Scope
Growth Metrics
Value Chain
Value Chain Analysis
Growth Drivers
Growth Restraints
Forecast Assumptions
Revenue and Volume Forecast
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Revenue Forecast by Resin Application
Volume Forecast by Resin Application
Revenue and Volume Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Revenue and Volume Analysis by Region
Average Price Forecast
Pricing Trends and Forecast
Pricing Trends and Forecast Analysis
Competitive Environment
Key Competitors (Monomer and Resin Suppliers)
Key Competitors (Resin End-use Industries)
Revenue Share by Monomer Type
Revenue Share Analysis by Monomer Type
Revenue Share by Resin Type
Revenue Share Analysis by Resin Type

Growth Opportunity Analysis-Coating Resins

Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region

Growth Opportunity Analysis-Acrylic Adhesive & Sealant Resins

Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region

Growth Opportunity Analysis-Acrylic Elastomer Resins

Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region

Growth Opportunity Analysis- Superabsorbent Polymer (SAP) Resins

Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region

Growth Opportunity Analysis-Polymethyl Methacrylate (PMMA) Resins

Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region

Growth Opportunity Analysis-Resins for Textiles

Segment Characteristics and Overview
Growth Metrics
Growth Drivers and Restraints
Growth Driver Analysis
Growth Restraint Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region

Growth Opportunity Analysis-Other Applications

Segment Characteristics and Overview
Growth Metrics
Growth Drivers
Growth Driver Analysis
Forecast Assumptions
Revenue and Volume Forecast
Forecast Analysis
Revenue Forecast by Monomer Type
Volume Forecast by Monomer Type
Forecast Analysis by Monomer Type
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region

Growth Opportunity Universe

Growth Opportunity 1: M&As to Expand Market Footprint
Growth Opportunity 2: Vertical Integration to Gain a Business Advantage
Growth Opportunity 3: Developing Sustainable Acrylic Products

Appendix

List of Abbreviations

Next Steps

Your Next Steps
Why Frost, Why Now?
List of Exhibits
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