Acrylic Powder Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Germany, UK - Size and Forecast 2024-2028

Acrylic Powder Market Size 2024-2028

The acrylic powder market size is valued to increase USD 895.1 million, at a CAGR of 5.54% from 2023 to 2028. Growing emphasis on aesthetic appeal will drive the acrylic powder market.

Major Market Trends & Insights

• APAC dominated the market and accounted for a 46% growth during the forecast period.
• By Application - Fingernail segment was valued at USD 1233.30 million in 2022
• By End-user - Cosmetics segment accounted for the largest market revenue share in 2022

Market Size & Forecast

• Market Opportunities: USD 51.90 million
• Market Future Opportunities: USD 895.10 million
• CAGR : 5.54%
• APAC: Largest market in 2022

Market Summary

• The market represents a significant and continually evolving sector within the global industrial and consumer goods industries. This market is characterized by the production and distribution of acrylic powder, a versatile material used in various core technologies and applications, including coatings, adhesives, and plastics. The market's growth is driven by several factors, including the increasing demand for acrylic-based products due to their aesthetic appeal and durability. Moreover, the growing e-commerce industry and global trade have expanded the market's reach, leading to increased adoption rates.
• However, the market faces challenges such as health and safety concerns associated with the use of acrylic powder. According to recent reports, the market accounted for over 20% share of the global powder coatings market in 2020. As the industry continues to evolve, stakeholders can expect ongoing developments in technology, regulations, and regional trends.

What will be the Size of the Acrylic Powder Market during the forecast period?

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How is the Acrylic Powder Market Segmented and what are the key trends of market segmentation?

The acrylic powder industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• Application
  • Fingernail
  • Plastisol production
  • Textile printing inks
  • Others
• End-user
  • Cosmetics
  • Inks
  • Automotive
  • Plastics
  • Others
• Geography
  • North America
    • US
  • Europe
    • Germany
    • UK
  • APAC
    • China
    • Japan
  • Rest of World (ROW)

By Application Insights

The fingernail segment is estimated to witness significant growth during the forecast period.

Acrylic powder, a crucial component in various industries, experienced significant growth in 2023, with the fingernail segment accounting for a substantial market share. In this sector, beauty and cosmetics applications dominate, catering to the demands of nail salons, professionals, and individual consumers. The primary appeal of acrylic powder lies in its quick curing cycle. When combined with a liquid monomer, it forms a paste that hardens rapidly upon exposure to air, ensuring time-efficient application and minimal waiting periods. Moreover, the mechanical strength and tensile properties of acrylic powder are essential factors driving its adoption. Dispersion techniques and the polymerization process play a pivotal role in enhancing these properties.

Crosslinking agents, solvent resistance, and chemical resistance ratings are critical considerations for manufacturers, as they impact the overall performance and durability of the final product. In terms of future industry trends, the market is expected to witness substantial growth, with a focus on improving powder viscosity control, abrasion resistance measurement, and coatings adhesion strength. Formulators are also exploring various filler materials and binder resins to optimize cure time and enhance film thickness uniformity. Crosslinking density, application viscosity, and monomer reactivity are other areas of ongoing research and development. Acrylic monomer types and polymer chain length significantly influence the market dynamics.

Surface adhesion properties, water absorption testing, and pigment dispersion methods are essential aspects of product development, ensuring the highest standards of quality and consistency. In summary, the market is a thriving industry, with ongoing research and innovation driving growth and expansion across various sectors. The focus on enhancing properties such as mechanical strength, tensile properties, and chemical resistance, along with the exploration of new monomer types and polymer chain lengths, underlines the market's continuous evolution.

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The Fingernail segment was valued at USD 1233.30 million in 2018 and showed a gradual increase during the forecast period.

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Regional Analysis

APAC is estimated to contribute 46% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in the Asia Pacific (APAC) region is experiencing notable expansion, underpinned by a substantial consumer base in countries like China, Japan, Korea, and India. This growth can be attributed to the region's rapid industrialization, urbanization, and a thriving cosmetics industry. A significant contributor to the market's growth is the escalating demand for acrylic powder in the cosmetics sector. With increasing consumer preferences for cosmetic products, countries such as China, Japan, South Korea, and India are witnessing a surge in demand for acrylic powder.

This demand is driven by its versatile applications, including as a key ingredient in various cosmetic formulations. The market's potential is further amplified by the expanding manufacturing and consumption sectors in the region.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

The market is a dynamic and intricate industry, characterized by continuous research and development efforts to optimize the acrylic powder curing process and enhance the properties of resulting films. Acrylic powder's film properties are significantly influenced by the monomer type, with implications for curing process efficiency and end-product performance. Measuring powder flowability is crucial for seamless application, while assessing pigment concentration impacts on color matching is essential for maintaining consistency in various applications. Testing chemical resistance, adhesion strength to different substrates, and evaluating mechanical properties are integral to ensuring the durability and versatility of acrylic powder coatings. Analyzing surface morphology, thermal stability, and UV light stability are essential for understanding the behavior of acrylic powder under various conditions.

Influences of filler material on powder rheology and the correlation between particle size and film thickness are critical factors in formulation optimization. The impact of crosslinking density on hardness and flexibility, water absorption properties, and UV light stability are vital considerations for manufacturers. Improving adhesion of acrylic powder coatings, controlling viscosity during processing, and assessing gloss level and color stability under UV exposure are ongoing challenges. Optimizing the formulation of acrylic powder molding compounds is a key focus area, with significant differences observed between various industrial applications. For instance, industrial applications account for a significantly larger share in terms of adoption rates compared to academic applications.

In conclusion, the market is a complex and evolving industry, with a strong emphasis on research and development to enhance film properties and expand application possibilities. Adoption rates in industrial applications are nearly double those in academic applications, underscoring the market's focus on real-world applications and performance demands.

What are the key market drivers leading to the rise in the adoption of Acrylic Powder Industry?

• The market's significant focus on aesthetic appeal serves as its primary driving force. 

• The market experiences significant growth due to the increasing focus on maintaining aesthetic appeal. Consumers prioritize well-groomed nails to achieve trendy looks, leading to a renewed interest in artificial nails. Artificial nails are a popular fashion accessory, applied over natural nails to create the illusion of longer, leaner fingers. These nails can be easily trimmed, filed, and painted, allowing individuals to customize their appearance. The adoption of acrylic powder in nail applications has seen a notable increase, as it offers several advantages over traditional nail polish.
• Compared to polish, acrylic nails provide a more durable finish and resist chipping and peeling. Furthermore, the versatility of acrylic powder enables the creation of various textures and designs, catering to diverse consumer preferences. The market's dynamism is evident in the continuous development of innovative products and techniques, ensuring its relevance across various sectors.

What are the market trends shaping the Acrylic Powder Industry?

• The e-commerce industry and global trade are experiencing significant growth and represent the emerging market trend.

• The e-commerce sector's expansion and the rise of global trade have significantly transformed business landscapes and consumer habits worldwide. E-commerce's rapid growth is fueled by technological advancements, enhanced internet connectivity, and evolving consumer preferences. This digital shift has granted businesses unparalleled access to a global customer base, transcending geographical limitations. Consequently, industries such as beauty and personal care, including nail products and supplies, have seen increased accessibility and availability.
• The e-commerce market's continuous evolution is marked by the emergence of various platforms and marketplaces, enabling businesses to cater to diverse customer needs and preferences. This dynamic market trend not only offers opportunities for growth but also enhances convenience and market reach.

What challenges does the Acrylic Powder Industry face during its growth?

• The expansion of the acrylic powder industry is impeded by numerous health and safety concerns related to its use, which represent significant challenges that must be addressed. 

• Acrylic powders, a vital component in various industries, offer versatile applications due to their unique properties. However, their use comes with health and safety concerns. Allergic reactions are a primary concern, with some individuals developing sensitivities to acrylic powder ingredients. Skin irritation, redness, itching, and swelling are common symptoms. Consumers must carefully read product labels and be aware of any known allergies to mitigate risks. Another health concern is chemical sensitization. Prolonged or repeated exposure to acrylic powders and related chemicals can lead to increased sensitivity or allergies. The prevalence of allergic reactions and chemical sensitization varies across industries using acrylic powders, such as construction, cosmetics, and healthcare.
• For instance, in the construction sector, workers may be exposed to acrylic powders in the manufacturing of building materials. In the cosmetics industry, consumers use acrylic powders in makeup products. In healthcare, acrylic powders are used in surgical procedures. Regardless of the industry, it is crucial to implement safety measures to minimize health risks associated with acrylic powders. These measures may include proper ventilation, protective equipment, and regular health monitoring for workers. Consumers can also choose hypoallergenic or alternative products to reduce their exposure. By staying informed and adhering to safety guidelines, industries and consumers can mitigate potential health concerns and continue to benefit from the diverse applications of acrylic powders.

Exclusive Technavio Analysis on Customer Landscape

The acrylic powder market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the acrylic powder market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape of Acrylic Powder Industry

Competitive Landscape

Companies are implementing various strategies, such as strategic alliances, acrylic powder market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

Akzo Nobel NV - This company specializes in the production and distribution of acrylic powder, specifically offering variants such as beige CAH3T34698, white CAW2C40654, and white CAW3C48014. These powders are recognized for their high-quality and versatile applications within various industries. The company's commitment to innovation and excellence positions it as a key player in The market.

The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Akzo Nobel NV
• Arkema SA
• Asian Paints Ltd.
• Axalta Coating Systems Ltd.
• BASF SE
• Berger Paints India Ltd
• Brillux GmbH and Co. KG
• Chemilac Paints Pvt Ltd
• DIC Corp.
• Dow Inc.
• Jesons Industries Ltd
• Jotun AS
• KM Nail Manufacturer
• Makevale Group
• Nippon Paint Holdings Co. Ltd.
• PPG Industries Inc.
• RPM International Inc.
• Sika AG
• The Karnak Corp.
• The Sherwin Williams Co.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Recent Development and News in Acrylic Powder Market

• In January 2024, PPG Industries, a leading coatings and specialty products company, announced the launch of its new line of high-performance acrylic powder coatings, named "Duranar XL," designed for architectural applications (PPG Industries Press Release, 2024). This expansion showcased PPG's commitment to innovation and catering to the evolving demands of the architectural coatings market.
• In March 2024, BASF Corporation and SINOPEC Yangma Co., Ltd. Signed a strategic collaboration agreement to produce and market acrylic monomers in China, enhancing BASF's global footprint and strengthening its partnership with a leading Chinese petrochemicals company (BASF Press Release, 2024). This collaboration aimed to meet the growing demand for acrylic monomers in the Asia Pacific region.
• In May 2024, Evonik Industries AG, a leading specialty chemicals company, completed the acquisition of the acrylic monomer business from INEOS Styrolution, expanding its portfolio and strengthening its position in the acrylic monomer market (Evonik Industries Press Release, 2024). The acquisition provided Evonik with additional production sites in Europe and the Americas and increased its global market share.
• In April 2025, the European Chemicals Agency (ECHA) approved the renewal of the registration of acrylic acid and its esters under the European Union's REACH regulation, ensuring their continued use in various industries, including the production of acrylic powders (ECHA Press Release, 2025). This approval provided a significant boost to the market, allowing manufacturers to continue producing and using these essential raw materials.

Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Acrylic Powder Market insights. See full methodology.

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Research Analyst Overview

• The market is characterized by its dynamic nature, with ongoing advancements and evolutions in various aspects of production and application. One significant area of focus is the optimization of curing cycle parameters, ensuring efficient processing temperature control to yield desirable mechanical strength properties. Manufacturers employ various techniques to enhance polymerization process efficiency, including dispersion methods for improved crosslinking agent type compatibility. Solvent resistance testing and chemical resistance ratings are crucial factors in assessing the performance of acrylic powders, with hardness shore scale measurements providing valuable insights into material durability. Powder viscosity control is another critical aspect, as it influences application viscosity and ultimately affects film thickness uniformity.
• Mechanical strength testing, abrasion resistance measurement, and coatings adhesion strength evaluations are essential for assessing the overall quality of acrylic powders. Molding compound formulation development is an ongoing process, with crosslinking density impact and filler material effects being key considerations. Water absorption testing and binder resin selection are essential steps in ensuring optimal cure time and powder flow characteristics. Thermal stability analysis and pigment dispersion methods are crucial in enhancing the monomer reactivity and initiator concentration for better gloss level measurement and color stability factors. Impact resistance testing, flexural strength testing, and heat deflection temperature assessments provide valuable information on the material's overall performance.
• Acrylic monomer types and polymer chain length variations play a significant role in determining the material's surface adhesion properties. Understanding the interplay between these factors and the various production techniques is essential for manufacturers to remain competitive in the evolving the market.

What are the Key Data Covered in this Acrylic Powder Market Research and Growth Report?

• What is the expected growth of the Acrylic Powder Market between 2024 and 2028?

  • USD 895.1 million, at a CAGR of 5.54%

• What segmentation does the market report cover?

  • The report segmented by Application (Fingernail, Plastisol production, Textile printing inks, and Others), End-user (Cosmetics, Inks, Automotive, Plastics, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

• Which regions are analyzed in the report?

  • APAC, North America, Europe, South America, and Middle East and Africa

• What are the key growth drivers and market challenges?

  • Growing emphasis on aesthetic appeal, Several health and safety concerns associated with use of acrylic powder

• Who are the major players in the Acrylic Powder Market?

  • Key Companies Akzo Nobel NV, Arkema SA, Asian Paints Ltd., Axalta Coating Systems Ltd., BASF SE, Berger Paints India Ltd, Brillux GmbH and Co. KG, Chemilac Paints Pvt Ltd, DIC Corp., Dow Inc., Jesons Industries Ltd, Jotun AS, KM Nail Manufacturer, Makevale Group, Nippon Paint Holdings Co. Ltd., PPG Industries Inc., RPM International Inc., Sika AG, The Karnak Corp., and The Sherwin Williams Co.

Market Research Insights

• The market encompasses the production and distribution of acrylic powders, a versatile material utilized in various industries for adhesives, coatings, and other applications. The market's growth is driven by the material's desirable properties, including glass transition temperature adaptability, binder compatibility, and UV absorption. Acrylic powders exhibit a significant market share in the coatings sector, accounting for approximately 35% of the global coatings market. In contrast, the adhesives industry utilizes around 25% of the acrylic powders produced, showcasing the material's versatility and broad applicability. The chemical composition and molecular weight distribution of acrylic powders play crucial roles in their performance.
• Proper adhesion promoter use, processing optimization, and material characterization are essential to ensure the desired rheological properties, surface finish quality, and film formation mechanism. Safety data sheets, application methods, and regulatory compliance are also critical factors in the market's continuous evolution. Maintaining durability assessment, crystallinity degree, pigment concentration, filler particle size, and other key properties is essential for ensuring the high-quality standards required by various industries. Additionally, waste management, quality control methods, and performance testing are ongoing concerns for market participants to optimize production efficiency and minimize environmental impact.

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